A.M. Best definition

A.M. Best. A.M. Best Company, Inc. or its successors in interest. If neither A.M. Best nor any successor remains in existence, “A.M. Best” shall be deemed to refer to such other nationally recognized statistical rating agency or other comparable Person reasonably designated by the Depositor, notice of which designation shall be given to the Trustee, the Certificate Administrator, the Master Servicer and the Special Servicer and specific ratings of A.M. Best herein referenced shall be deemed to refer to the equivalent ratings (as reasonably determined by the Depositor) of the party so designated.
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A.M. Best means A.M. Best Company, Inc.
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A.M. Best means A. M. Best Company, Inc. and any successor rating agency.
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Examples of A.M. Best in a sentence

  • Such insurance shall be obtained from insurance carriers licensed to do business under the laws of the country, state, commonwealth, province, or territory in which such Party’s obligations are provided, with insurers that carry a rating of at least an A- VII or better from A.M. Best.

  • An insurance company shall not be satisfactory unless such insurance company (a) is licensed or authorized to issue insurance in the state, territory or province where the applicable Fiber Network is located and (b) has a rating (x) by (i) S&P Global Ratings, (ii) ▇▇▇▇▇’▇ or (iii) Fitch of “BBB+” (or its equivalent) or better or (y) by A.M. Best Rating Services, Inc.

  • Each Material Insurance Subsidiary shall at all times maintain a financial strength rating by A.M. Best Company, Inc.


More Definitions of A.M. Best

A.M. Best means A.M. Best Company, Inc or any successor or transferor of its rating business;
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A.M. Best means A.M. Best Company, together with any Person succeeding thereto by merger, consolidation or acquisition of all or substantially all of its assets, including substantially all of its business of rating insurance companies.
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A.M. Best. A.M. Best Company or its successor in interest.
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A.M. Best means A. M. Best & Company and any successor thereto.
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A.M. Best means AM Best Company Inc. or any successor to its rating business;
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A.M. Best means A.M. Best Company or any successor thereto. “Amended and Restated Purchase Agreement” means the Amended and Restated Purchase Agreement dated as of the Closing Date among AIG, the UST and the FRBNY, substantially in the form of Exhibit A.
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A.M. Best means A.M. Best Company, Inc. and its successors and assigns or, if it shall be dissolved or shall no longer assign ratings to insurance companies, then any other nationally recognized insurance statistical rating agency designated by the Administrative Agent.
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