Common use of Claims Paying Ratings Clause in Contracts

Claims Paying Ratings. Each Borrower which is a Regulated Insurance Company or has a Subsidiary which is a Regulated Insurance Company shall cause such Regulated Insurance Company which has a claims paying rating from A.M. Best Co. (or its successor) to maintain at all times a claims-paying rating of at least “B++” from A.M. Best & Co. (or its successor).

Claims Paying Ratings. Each Borrower which is a Regulated Insurance Company or has a Subsidiary which is a Regulated Insurance Company The Borrowers shall cause such each Regulated Insurance Company which has a claims paying rating from A.M. Best Co. (or its successor) to maintain at all times a claims-paying rating of at least “"B++” " from A.M. Best & Co. (or its successor).

Claims Paying Ratings. Each The Parent Borrower which is a Regulated Insurance Company or has a Subsidiary which is a Regulated Insurance Company shall cause such each Regulated Insurance Company which has a claims paying rating from A.M. Best Co. (or its successor) to maintain at all times a claims-paying rating of at least “"B++” " from A.M. Best & Co. (or its successor).

Claims Paying Ratings. Each Borrower which is a Regulated Insurance Company or shall, and each Borrower that has a Subsidiary which is a Regulated Insurance Company shall cause such Regulated Insurance Company and which has a claims paying rating from A.M. Best Co. (or its successor) to shall cause such Subsidiary to, maintain at all times a claims-paying rating of at least “B++” from A.M. Best & Co. (or its successor).