Claims Paying Ratings. The Company shall not permit the financial strength rating of Validus Re and each other Regulated Insurance Company that is material to the Company and its Subsidiaries, taken as a whole, to be less than “B++” from A.M. Best Company, Inc. (or its successor).
Appears in 5 contracts
Samples: Credit Facility Agreement (Validus Holdings LTD), Unsecured Revolving Credit Agreement (Validus Holdings LTD), Agreement (Validus Holdings LTD)
Claims Paying Ratings. The Company shall not permit the financial strength rating of Validus Re and each other Regulated Insurance Company that is material to the Company and its Subsidiaries, taken as a whole, to be less than “B++” from A.M. Best Company, Inc. (or its successor). SECTION 6.15.
Appears in 1 contract
Samples: Agreement (Validus Holdings LTD)
