Common use of Best Rating Clause in Contracts

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-.

Appears in 2 contracts

Sources: Credit Agreement (Partnerre LTD), Credit Agreement (Partnerre LTD)

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-".

Appears in 2 contracts

Sources: Credit Agreement (Endurance Specialty Holdings LTD), Term Loan Agreement (Endurance Specialty Holdings LTD)

Best Rating. On the Restatement 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-.

Appears in 1 contract

Sources: Credit Agreement (Partnerre LTD)

Best Rating. On the Restatement 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-"B++".

Appears in 1 contract

Sources: Credit Agreement (Endurance Specialty Holdings LTD)