Approved Companies Sample Clauses
The "Approved Companies" clause defines which companies are authorized or permitted to participate in a particular agreement or arrangement. Typically, this clause lists specific companies by name or sets out criteria that companies must meet to be considered approved, such as compliance with certain standards or prior written consent from a party. Its core practical function is to control and limit involvement to trusted or vetted entities, thereby reducing risk and ensuring that only suitable companies are engaged in the relevant activities.
Approved Companies. All such insurance shall be procured with reputable insurance companies and in such form as is usual and customary to such party’s business.
Approved Companies. All such insurance shall be procured with reputable insurance companies and in such form as is usual and customary to Supplier’s business. With the exception of any wholly owned captive, such insurance companies shall maintain a rating at least “A-” and be at least a Financial Size Category VIII as both criteria are defined in the most current publication of Best’s Policyholder Guide.
Approved Companies. All such insurance shall be procured with reputable insurance companies and in such form as is usual and customary to Siemens’ business. Such insurance companies shall maintain a rating at least “A” and be at least a Financial Size Category VIII as both criteria are defined in the most current publication of Best’s Policyholder Guide.
Approved Companies. If applicable, IBM may self insure to the extent allowed by law.
Approved Companies. All such insurance shall be procured with such insurance companies of good standing, permitted to do business in the country, state or territory where the Services are being performed.
Approved Companies. All such insurance shall be procured with reputable insurance companies.
Approved Companies. If applicable, Insurdata may self insure to the extent allowed by law.
Approved Companies. All Insurance Policies shall be procured from insurance companies having policy holder ratings no lower than “A” and financial ratings not lower than “XII” in the then-current Best’s Insurance Guide.
Approved Companies. All such insurance shall be procured with insurance companies that shall have and maintain a rating at least of “[**]” and be at least a Financial Size Category [**] as both criteria are defined in the most current publication of Best’s Policyholder Guide.
Approved Companies. All such insurance shall be procured with reputable insurance companies licensed in the state of Texas and in such form as is usual and customary to Service Provider’s business. Such insurance companies shall maintain a rating at least “A” and be at least a Financial Size Category VIII as both criteria are defined in the most current publication of A.M. Best’s Policyholder Guide or comparable rating agency equivalent where applicable.