General Requirements for Insurance Coverage and Policies. A. Policies of insurance required under this Section 26 shall be provided by companies that may lawfully issue such policy and have an A.M. Best rating of at least A- / “VII”, a Standard & Poor’s rating of at least A, a Xxxxx’x Investors Service rating of A3, or a Fitch’s Ratings rating of A-, or a similar rating by any other nationally recognized statistical rating organization acceptable to the Law Department, unless prior written approval is obtained from the New York City Law Department.
Appears in 2 contracts
Samples: License Agreement, License Agreement
General Requirements for Insurance Coverage and Policies. A. (a) Policies of insurance required under this Section 26 shall be provided by companies that may lawfully issue such policy and have an A.M. Best rating of at least A- / “VII”, a Standard & Poor’s rating of at least A, a Xxxxx’x Investors Service rating of A3, or a Fitch’s Ratings rating of A-, or a similar rating by any other nationally recognized statistical rating organization acceptable to the Law Department, unless prior written approval is obtained from the New York City Law Department.
Appears in 2 contracts
Samples: License Agreement, License Agreement
General Requirements for Insurance Coverage and Policies. A. (a) Policies of insurance required under this Section 26 shall be provided by companies that may lawfully issue such policy policies and have an A.M. Best rating of at least A- / “VII”, A-“VII” or a Standard & and Poor’s rating of at least A, a Xxxxx’x Investors Moody’s Investor’s Service rating of at least A3, or a Fitch’s Ratings Fitch Rating rating of at least A-, or a similar rating by any other nationally recognized statistical rating organization acceptable to the New York City Law Department, Department unless prior written approval is obtained from the New York City Law Department.
Appears in 1 contract
Samples: License Agreement
General Requirements for Insurance Coverage and Policies. A. (1) Policies of insurance required under this Section 26 shall be provided by companies that may lawfully issue such policy policies and have an A.M. Best rating of at least A- / “VII”, A-7 or a Standard & and Poor’s rating of at least A, a Xxxxx’x Investors Moody’s Investor’s Service rating of at least A3, or a Fitch’s Ratings Fitch Rating rating of at least A-, or a similar rating by any other nationally recognized statistical rating organization acceptable to the New York City Law Department, Department unless prior written approval is obtained from the New York City Law Department.
Appears in 1 contract
Samples: License,
General Requirements for Insurance Coverage and Policies. A. Policies of insurance required under this Section 26 shall be provided by companies that may lawfully issue such policy and have an A.M. Best rating of at least A- / “VII”, a Standard & Poor’s rating of at least A, a Xxxxx’x Investors Service rating of A3, or a Fitch’s Ratings rating of A-, or a similar rating by any other nationally recognized statistical rating organization acceptable to the Law Department, unless prior written approval is obtained from the New York City Law Department.
Appears in 1 contract
Samples: Memorandum of Understanding
General Requirements for Insurance Coverage and Policies. A. (a) Policies of insurance required under this Section Article 26 shall be provided by companies that may lawfully issue such policy and have an A.M. Best rating of at least A- / “VII”, a Standard & Poor’s rating of at least A, a Xxxxx’x Investors Service rating of A3, or a Fitch’s Ratings rating of A-, or a similar rating by any other nationally recognized statistical rating organization acceptable to the Law Department, unless prior written approval is obtained from the New York City Law Department.
Appears in 1 contract
Samples: License Agreement