Company Ratings. All required policies of insurance must be written by companies having an A. M. Best rating of "A-" or better, or equivalent.
Company Ratings. Arrange for an annual reassessment and review of the ratings by S&P and Xxxxx’x of the Index Debt and maintain ratings by S&P and Xxxxx’x of the Index Debt at all times.
Company Ratings. All policies of insurance must be written by companies having an A.M. Best rating of “A” or better, or the equivalent. Lessor may, upon thirty (30) days’ written notice to Lessee, require Lessee to change any carrier whose rating drops below an “A” rating. Notwithstanding the foregoing A.M. Best rating requirements, Lessee may procure insurance coverage through municipal insurance pools, such as City-County Insurance Services, Special District Insurance Services, or similar organizations that may supersede those organizations in the future.
Company Ratings. All policies of insurance must be written by companies having an
Company Ratings. Policies of insurance must be placed with companies or underwriters authorized to issue insurance in the State of Wisconsin that carry an A.M. Best rating of “A –“ or better or equivalent.
Company Ratings. Policies of insurance must be placed with companies or underwriters authorized to issue insurance in the State of Nebraska that carry an AM. Best rating of "A-" or better or equivalent.
Company Ratings. As of the date of this Agreement, the financial strength of the Reinsurance Subsidiaries is rated “A” by A.M. Best Company, Inc. (“A.M. Best”) and “A-” by Standard & Poor’s Ratings Group, a division of the XxXxxx-Xxxx Companies, Inc. (“S&P”). As of the date of this Agreement, neither A.M. Best nor S&P has announced that it has under review its rating of the financial strength of the Reinsurance Subsidiaries. As of the date of this Agreement, there are no conditions (financial or otherwise) imposed specifically on any of the Reinsurance Subsidiaries by A.M. Best or S&P on retaining any currently held rating assigned to the Reinsurance Subsidiaries.
Company Ratings. The financial strength of the Reinsurance Subsidiaries shall be rated “A-” or better by A.M. Best and “A-” or better by S&P (or, if one or both of such rating entities have ceased to provide ratings of the Reinsurance Subsidiaries, ratings that are equivalent or better from another internationally recognized rating entity). Purchaser shall have received a certificate signed on behalf of Seller by an authorized officer of Seller to such effect.
