Best Rating. On the Effective Date, each Regulated Insurance Company which is a Material Subsidiary and which has an A.M. Best financial strength rating shall have an A.M. Best financial strength rating of at least A-.
Best Rating. At any time, permit the A.M. Best Rating of (a) Atlantic States Insurance Company or Southern Insurance Company of Virginia, to be less than “A-”.
Best Rating. Each of PRE’s Insurance Subsidiaries domiciled in Bermuda will have a Financial Strength Rating of at least “A-” from A.M. Best Company, Inc.
Best Rating. The financial strength rating issued with respect to the Borrower by A.M. Best Company.
Best Rating. A.M. Best Company, Inc. (i) shall have provided oral or written notice to each of Parent and the Company that Parent’s Insurance Subsidiaries (other than those Insurance Subsidiaries set forth on Section 6.1(f) of the Parent Disclosure Letter) and the Company’s Insurance Subsidiaries (other than those Insurance Subsidiaries set forth on Section 6.1(f) of the Company Disclosure Letter) (1) have been assigned a Financial Strength Rating of at least “A”, on a group basis, after giving effect to the Merger or (2) will be assigned a Financial Strength Rating of at least “A” immediately after the consummation of the Merger on a group basis and (ii) shall not have given oral or written notice to Parent or the Company that any such ratings will be downgraded, suspended, withdrawn or retracted; provided that the placing by A.M. Best Company, Inc. of any such ratings as “under review with negative implications” or “under review with developing implications” shall not alone constitute the failure of clause (ii) of this condition.
Best Rating. All insurance companies providing policies obtained to satisfy the insurance requirements must have an A.M. Best Company, Inc. rating of A-, Class X, or better and authorized to do business in the District. Policies may be procured from companies not authorized to do business in the District with the aforementioned rating, provided that such policies are procured in accordance with the requirements of D.C. Official Code § 31-2502.40. Full Force and Effect The commercial general liability, excess (umbrella) liability, contractor’s pollution liability, and professional liability insurance coverage requirements will remain in full force and effect until Final Acceptance, at which time the DB Contractor shall maintain completed operations insurance throughout the term of all Warranties or as otherwise required by the Contract Documents, whichever is greater.
Best Rating. Evidence that the Financial Strength/Claims Paying rating of the Insurance Subsidiaries by A.M. Best Company, Inc. is not less than A- on the Closing Date; and
Best Rating. The Borrower will cause First Professionals at all times to be rated "A-" or higher, itself or as part of an insurance company group so rated, by A.M.
