Common use of Bermuda Requirements Clause in Contracts

Bermuda Requirements. The Agent shall have received a certificate of compliance issued by the Bermuda regulatory authorities (Registrar of Companies and, if applicable, the Bermuda Monetary Authority) for each of the Parent and the Obligor in form and substance satisfactory to the Agent.

Appears in 2 contracts

Samples: Letter of Credit and Reimbursement Agreement (Arch Capital Group Ltd.), Letter of Credit and Reimbursement Agreement (Arch Capital Group Ltd.)

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Bermuda Requirements. The Agent shall have received a certificate of compliance issued by the Bermuda regulatory authorities Regulatory Authority (Registrar of Companies and, if applicable, the Bermuda Monetary Authority) for each of the Parent and the Obligor in form and substance satisfactory to the Agent.

Appears in 1 contract

Samples: Letter of Credit and Reimbursement Agreement (Arch Capital Group Ltd.)

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Bermuda Requirements. The Agent shall have received a certificate of compliance issued by the Bermuda regulatory authorities Regulatory Authority (Registrar of Companies and, if applicable, and the Bermuda Monetary Authority) for each of the Parent Parent, Alternative and the Obligor Reinsurance, in form and substance satisfactory to the Agent.

Appears in 1 contract

Samples: Letter of Credit and Reimbursement Agreement (Arch Capital Group LTD)

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