Definition of Tax Loss Insurer

Tax Loss Insurer means an independent third-party insurer rated at least "A" by A.M. Best Company, "A" by S&P or "A2" by Moody's or such other Person acceptable to the Administrative Agent.
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Examples of Tax Loss Insurer in a sentence

If Insurer makes any payment under this Policy in respect of an Insured Tax Loss, Insurer shall be subrogated, to the extent of that payment, to all the rights and remedies of Insureds in respect of such Insured Tax Loss, and Insurer shall be entitled at its own expense to sue in the name of Insureds.