Insurance Providers. All insurance maintained hereunder shall be maintained with companies approved to do business in Massachusetts, and rated no less than A- as to Policy Xxxxxx’s Rating in the current edition of Best’s Insurance Guide (or with an association of companies each of the members of which are so rated).
Insurance Providers. MLS may change the carrier of any of the foregoing insurance programs at any time during the term of this CBA, after consultation with the Union, provided that, subject to the terms set forth in this Article, in no event shall any change in insurance carrier result in a material decrease in the types or levels of any of the benefits provided for above.
Insurance Providers. Companies writing the insurance required hereunder shall be licensed to do business in the State of California. Insurance shall be placed with insurers with a current A.M. Best’s rating of no less than A: VII.
Insurance Providers. The Required Coverages shall be with an insurer licensed to do business in the State and having A.M. Best Company ratings of no less than A-. Modification of this standard may be considered upon appeal to the Metro Director of Risk Management Services.
Insurance Providers. All insurance provided for in this Exhibit G shall be in such form and shall be issued by such responsible insurance companies licensed to do business in the State in which the Project is located and having a A.M. Best claims rating (or the equivalent of such rating) of at least “A:X” or better and as are reasonably approved by Landlord. Upon the execution of this Lease with respect to the insurance described in Section 1(b), 1(c) and 1(d) of this Exhibit, and upon the Commencement Date with respect to the other insurance required under this Exhibit, and, thereafter, not less than 15 days prior to the expiration dates of the expiring policies required pursuant to this Exhibit G, certificates of insurance and certified copies of the insurance policies or renewal certificates, as the case may be, bearing notations evidencing the payment in full of premiums or accompanied by other evidence reasonably satisfactory to Landlord of such payment, shall be delivered by Tenant to Landlord, in each case for Landlord’s review and approval on an annual basis.
Insurance Providers. All insurance maintained hereunder shall be maintained with companies rated no less than A- as to Policy Xxxxxx’s Rating in the current edition of Best’s Insurance Guide (or with an association of companies each of the members of which are so rated). [(12e) Insurance providers must be in good financial standing.]
Insurance Providers. Each of the insurance coverages required below shall be issued by an insurer licensed by the Insurance Commissioner to transact the business of insurance in the State of Alabama for the applicable line of insurance, and such insurer (or, for qualified self-insureds or group self-insureds, a specific excess insurer providing statutory limits) must have a Best Policyholders Rating of "A-" or better and a financial size rating of Class V or larger.
Insurance Providers. The insurance required by Section 8.1 shall be written by companies approved by Landlord acting reasonably. The insurance policies (a) shall be for such terms as Landlord may reasonably approve, (b) shall be in amounts sufficient at all times to satisfy any coinsurance requirements thereof, (c) shall name Landlord and Tenant as additional named insureds, as their respective interests may appear, (d) shall contain an agreement by the insurer to give at least thirty (30) days’ prior written notice to all additional insureds of any intention to cancel, cause to lapse, materially diminish or deny coverage, and (e) shall be issued specifically in respect of the Premises and not on a blanket or general policy basis. If such insurance or any part thereof shall expire, be withdrawn, become void, voidable, unreliable or unsafe for any reason, including a breach of any condition thereof by Tenant or the failure or impairment of the capital of any insurer, or if for any other reason whatsoever such insurance shall become unsatisfactory to Landlord, acting reasonably, Tenant shall immediately obtain new or additional insurance reasonably satisfactory to Landlord. Tenant covenants and agrees that certificates of insurance for all insurance required to be maintained by it pursuant to this Article 8 shall be delivered to Landlord upon request by Landlord to Tenant. If Tenant fails to take out or keep in force any policy of insurance referred to in Section 8.1 hereof, Landlord may do so and pay the premium and in that event, Tenant will pay to Landlord the amount so paid as Additional Rent and it will be due and payable on the first day of the month following the payment by Landlord.
Insurance Providers. All insurance required hereunder shall be with companies and on forms acceptable to BVG and shall provide that the coverage thereunder may not be reduced or canceled unless thirty (30) days unrestricted Prior Written notice thereof is furnished to BVG. All insurance required hereunder shall be primary and not contributory. All insurance required hereunder shall be written by reputable insurers accorded a rating by A.M. Best Company, Inc. (or any other ratings agency of comparable international repute) of B+:Vll or higher (or the equivalent rating issued by such other agency) at the time of issuance of any policy pertaining to such insurance. Certificates of insurance (or copies of policies, if required by BVG) evidencing satisfactory coverage as required hereunder shall be furnished to BVG at its request.
Insurance Providers. All insurance required to be carried pursuant to the requirements of this Article XIII shall be written by reputable insurance companies that are financially sound and solvent and otherwise reasonably appropriate considering the amount and type of insurance being provided by such companies. Any insurance company selected by the Lessee which is rated in Best’s Insurance Guide or any successor thereto (or if there be none, an organization having a similar national reputation) shall have a general policyholder rating of “A--” and a financial rating of at least “IX” or , if not rated in Best’s Insurance Guide, an S&P rating of “BBB” or better, or be otherwise reasonably acceptable to the Lessor and the Administrative Agent. Such rating shall not be required with respect to any insurance required by this Article XIII if on any date such insurance is underwritten by an Eligible Captive Insurance Subsidiary of Lessee, Lessee’s Consolidated Leverage Ratio for the most recently preceding four (4) quarter period is 3.00 to 1.00 or less.
