How is Perennial crops defined in a legal contract?
- Perennial crops means species of crops that are harvested regularly over a period of years. Seen in 9 SEC filings
- Perennial crops means any form of plant life that has a lifespan of at least three years when cultivated. Please note the specific plants this refers to will have been agreed elsewhere within this contract. Seen in 4 SEC filings
- Perennial crops means crops such as biennial or perennial crops including, but not limited to, alfalfa and hay grasses. Seen in 1 SEC filing
- Perennial crops means species such as non-invasive and environmentally safe agricultural yield that has a life cycle of at least three years. Seen in 1 SEC filing
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of perennial crops' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Perennial crops means species of crops, including biennial or non-invasive plants, harvested regularly over a minimum of three years.
Relevant Contract Types
Relevant Circumstances
- Transfer of ownership or leasing of farm lands involving perennial crops.
- Agreements between farmers and agribusinesses for the supply of perennial crops.
- Adjustment of farm practices to address environmental regulations or standards.
Relevant Sectors
- Agriculture
- Fast-moving consumer goods (FMCG) for supply of raw agricultural produce.
- Biotechnology for the development of sustainable farming practices and non-invasive crop species.
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