Common use of Insurance Companies Clause in Contracts

Insurance Companies. Insurance required hereunder shall be in companies duly licensed to transact business in the State of Washington, and maintaining during the policy term a General Policyholders Rating of ‘A-’ or better and a financial rating of ‘IX’ or better, as set forth in the most current issue of “Best’s Insurance Guide.”

Appears in 24 contracts

Samples: Lease and Concession Agreement, Lease Agreement, Terminal Lease Agreement

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Insurance Companies. Insurance required hereunder shall be in companies duly licensed to transact business in the State of Washington, Washington and maintaining during the policy term a General Policyholders Rating of ‘A-’ or better and a financial rating of ‘IX’ or better, as set forth in the most current issue of “Best’s Insurance Guide.”

Appears in 2 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement

Insurance Companies. Insurance required hereunder shall be in companies duly licensed to transact business in the State of Washington, and maintaining during the policy term a General Policyholders Rating of ‘A-’ or better and a financial rating of ‘IXA-VII ’ or better, as set forth in the most current issue of “Best’s Insurance Guide.”

Appears in 2 contracts

Samples: License Agreement, License Agreement

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Insurance Companies. Insurance required hereunder shall be in companies duly licensed to transact business in the State of Washington, and maintaining during the policy term a General Policyholders Rating of ‘A-’ „A-VII‟ or better and a financial rating of ‘IX’ „A- VII ‟ or better, as set forth in the most current issue of “Best’s Best‟s Insurance Guide.”

Appears in 1 contract

Samples: License Agreement

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