RDS. A summary of the RDS calculations (including the information necessary to calculate the covenants in Sections 6.23(e) and (f)) for the Supported Syndicate prepared in accordance with the definitions and reporting requirements of Lloyd’s as in effect on the Closing Date for the applicable account years to be covered by the Letters of Credit to be issued hereunder.
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Sources: Letter of Credit Agreement (Navigators Group Inc), Funds at Lloyd’s Letter of Credit Agreement (Navigators Group Inc)
RDS. A summary of the RDS calculations (including the information necessary to calculate the covenants in Sections 6.23(e) and (f)) for the Supported Syndicate prepared in accordance with the definitions and reporting requirements of Lloyd’s as in effect on the Closing Amendment Effective Date for the applicable account years to be covered by the Letters of Credit to be issued hereunder.
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