Common use of Status and Rating of Insurance Company Clause in Contracts

Status and Rating of Insurance Company. All insurance coverage will be written through insurance companies admitted to do business in the State of California and rated upon each renewal no less than A-: VII in the then most current edition of A. M. Best’s Key Rating Guide.

Appears in 6 contracts

Samples: Lease Agreement (Lam Research Corp), Lease Agreement (Lam Research Corp), Participation Agreement (Lam Research Corp)

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Status and Rating of Insurance Company. All insurance coverage coverages required herein prior to the Completion Date will be written through insurance companies admitted to do business in the State of California and rated upon each renewal no less than A-: VII in the then most current edition of A. M. A.M. Best’s Key Rating Guide.

Appears in 4 contracts

Samples: Participation Agreement (Network Appliance Inc), Common Definitions and Provisions Agreement (NetApp, Inc.), Common Definitions and Provisions Agreement (NetApp, Inc.)

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