Common use of Commercial Paper Clause in Contracts

Commercial Paper. Commercial paper issued by any entity organized in the United States rated at least (i) A-1 or the equivalent thereof by S&P and (ii) P-1 or the equivalent thereof by ▇▇▇▇▇’▇ and maturing not more than one year after the date of acquisition. 98%.

Appears in 2 contracts

Sources: Amendment No. 1 (Validus Holdings LTD), Secured Letter of Credit Facility Agreement (Validus Holdings LTD)

Commercial Paper. Commercial paper issued by any entity organized in the 90% United States rated at least (i) A-1 or the equivalent thereof by S&P and (ii) P-1 or the equivalent thereof by ▇▇▇▇▇'▇ and maturing not more than one year after the date of acquisition. 98%determination.

Appears in 1 contract

Sources: Credit Agreement (Quanta Capital Holdings LTD)

Commercial Paper. Commercial paper issued by any entity organized in the United States and denominated in Dollars and maturing not more than one year after the date of determination rated at least (i) A-1 or the equivalent thereof by S&P and (ii) P-1 or the equivalent thereof by ▇▇▇▇▇’▇ and maturing not more than one year after the date of acquisition. 9890%.

Appears in 1 contract

Sources: Credit Agreement (Arch Capital Group Ltd.)

Commercial Paper. Commercial paper issued by any entity organized in the United States rated at least (i) A-1 or the equivalent thereof by S&P and (ii) P-1 or the equivalent thereof by ▇▇▇▇▇’▇ Moody’s and maturing not more than one year after the date of acquisitiondetermination. 98%.90% Agency Securities:

Appears in 1 contract

Sources: Credit Agreement (Arch Capital Group LTD)

Commercial Paper. Commercial paper issued by any entity organized in the United States rated at least (i) A-1 or the equivalent thereof by S&P and (ii) P-1 or the equivalent thereof by M▇▇▇▇’▇ and maturing not more than one year after the date of acquisition. 9890%. 85%.

Appears in 1 contract

Sources: Letter of Credit Facility Agreement (Validus Holdings LTD)

Commercial Paper. Commercial paper issued by any entity organized organised in the United States US rated at least (i) A-1 or the equivalent thereof by S&P and (ii) P-1 or the equivalent thereof by M▇▇▇▇▇’'▇ and maturing not more than one year after the date of acquisition. 9890%. 85%.

Appears in 1 contract

Sources: Standby Letter of Credit Facility Agreement (Validus Holdings LTD)