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 6 contracts
Samples: Amendment No. 1 (Validus Holdings LTD), Unsecured Revolving Credit Agreement (Validus Holdings LTD), Five Year Secured Letter of Credit Facility Agreement (Validus Holdings LTD)
