Government Securities. Securities issued or directly and fully guaranteed or insured by the United States or any agency or instrumentality thereof (provided that the full faith and credit of the United States is pledged in support thereof). With maturities of (x) two years or less from the date of determination, 95%, (y) more than two years and ten years or less from the date of determination, 90% and (z) more than ten years from the date of determination, 85%
Appears in 4 contracts
Samples: Letter of Credit Facility Agreement (Arch Capital Group Ltd.), Letter of Credit Facility Agreement (Arch Capital Group Ltd.), Credit Agreement (Argo Group International Holdings, Ltd.)
Government Securities. Securities issued or directly and fully guaranteed or insured by the United States or any agency or instrumentality thereof (provided that the full faith and credit of the United States is pledged in support thereof). With maturities of (x) two years or less from the date of determination, 95%, (y) more than two years and to ten years or less from the date of determination, 90% and (z) more than ten years from the date of determination, 85%
Appears in 3 contracts
Samples: Credit Agreement (Arch Capital Group Ltd.), Credit Agreement (Arch Capital Group Ltd.), Credit Agreement (Arch Capital Group Ltd.)
Government Securities. Securities issued or directly and fully guaranteed or insured by the United States or any agency or instrumentality thereof (provided that the full faith and credit of the United States is pledged in support thereof). With maturities of (x) two years or less from the date of determination, 95%, (y) more than two years and to ten years or less from the date of determination, 90% and (z) more than ten years from the date of determination, 85%.
Appears in 1 contract
Government Securities. Securities issued or directly and fully guaranteed or insured by the United States or any agency or instrumentality thereof (provided that the full faith and credit of the United States is pledged in support thereof). With maturities from the date of acquisition of (x) two years or less from the date of determinationless, 95%, (y) more than two years and ten years or less from the date of determinationthan 10 years, 90% and (z) more than ten years from the date of determination10 years, 85%.
Appears in 1 contract
Samples: Credit Agreement (Endurance Specialty Holdings LTD)