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Common use of Claims Paying Ratings Clause in Contracts

Claims Paying Ratings. XL Capital will maintain at all times a claims-paying rating of at least "A" from A.M. Best & Co. (or its successor) and XL Insurance and XL Re will maintain at all times a rating of at least "A" from Standard & Poor's Rating Services (or its successor).

Appears in 4 contracts

Samples: 364 Day Credit Agreement (Xl Capital LTD), Letter of Credit and Reimbursement Agreement (Xl Capital LTD), 364 Day Credit Agreement (Xl Capital LTD)

Claims Paying Ratings. XL Capital will maintain at all times a claims-paying rating of at least "A" from A.M. Best & Co. (or its successor) and XL Insurance and XL Re will maintain at all times a rating of at least "A" from Standard & Poor's Rating Services (or its successor)'s.

Appears in 2 contracts

Samples: Letter of Credit Facility and Reimbursement Agreement (Xl Capital LTD), Credit Agreement (Xl Capital LTD)

Claims Paying Ratings. XL Capital will maintain at all times a claims-paying rating of at least "A" from A.M. Best & Co. (or its successor) and XL Insurance and XL Re will maintain at all times a rating of at least "A" from Standard & Poor's Rating Services (or its successorsuccessors).

Appears in 1 contract

Samples: Revolving Credit Agreement (Xl Capital LTD)