Examples of Crop year in a sentence
Upon termination, a full commutation and release of all CNA liability shall be provided to CNA for the then current Crop Year with no amounts due or owing for such year.
In the event of the exercise of a Put or Call Right, the Fronting arrangement shall cease as of the last day of the current Crop Year in which the Put or Call Right is exercised.
The Initial Term will expire at the end of the last Crop Year of such period.
For purposes of this Agreement, the last Crop Year included for purposes of calculating Average Pre-Tax Income in the case of a Put or Call Mechanism other than a Change of Control Put or Call Mechanism shall be the Crop Year ending immediately prior to the date of exercise of such Put or Call Right.
CNA also has no notice, knowledge, information or other data (other than the normal application and approval process) to indicate that its Standard Reinsurance Agreement for the 1999 Crop Year will not be approved.