Insurer Ratings. Borrower will maintain the insurance coverage described in Section 7.1 with companies acceptable to Lender and rated not less than A in accordance with the latest “Best Insurance Guide”. All insurers providing insurance required by this Agreement shall be authorized to issue insurance in the state where the Property is located.
Appears in 1 contract
Insurer Ratings. Borrower will maintain the insurance coverage described in Section 7.1 with companies acceptable to Lender and rated with a claims paying ability of not less than A in accordance with “AA” by S&P and AA or its equivalent by any one of the latest “Best Insurance Guide”other Rating Agencies. All insurers providing insurance required by this Agreement shall be authorized to issue insurance in the state where the Property is located.
Appears in 1 contract
Insurer Ratings. Borrower will maintain the insurance coverage described in Section 7.1 with companies acceptable to Lender and rated not less than A A/X in accordance with the latest “Best Insurance Guide”. .” All insurers providing insurance required by this Agreement shall be authorized to issue insurance in the state where the Property is located.
Appears in 1 contract
Insurer Ratings. Borrower will maintain the insurance coverage described in Section 7.1 with companies acceptable to Lender and rated with a claims paying ability of not less than “BBB” or its equivalent by S&P or “A in accordance with the latest “Best Insurance Guide”: VIII” or its equivalent by A.M. Best. All insurers providing insurance required by this Agreement shall be authorized to issue insurance in the state where the Property is located.
Appears in 1 contract
Insurer Ratings. Borrower will maintain the insurance coverage described in Section 7.1 8.1 with companies acceptable to Lender and rated with a claims paying ability of not less than A in accordance with the latest “Best Insurance Guide”A” or better by S&P or “A:VIII” or better by AM Best. All insurers providing insurance required by this Agreement shall be authorized to issue insurance in the state where the Property is located.
Appears in 1 contract