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Common use of Minimum Rating Clause in Contracts

Minimum Rating. The Obligor shall at all times maintains a minimum AM Best Financial Strength Rating of B++.

Appears in 5 contracts

Sources: Letter of Credit and Reimbursement Agreement (Arch Capital Group Ltd.), Letter of Credit and Reimbursement Agreement (Arch Capital Group Ltd.), Letter of Credit and Reimbursement Agreement (Arch Capital Group Ltd.)

Related Clauses

  • Credit Rating
  • Credit Ratings
  • No Ratings
  • Industry Ratings
  • Maximum Rate

Parent Clauses

  • Negative Covenants
  • Financial Covenants
  • Conditions Precedent
  • Covenants
  • Affirmative Covenants

Sub-Clauses

  • CERTIFICATES; OTHER INFORMATION
  • FINANCIAL STATEMENTS
  • LIMITATION ON INDEBTEDNESS
  • Financial Condition Covenants
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