Insurance Companies. All insurance required to be obtained by Contractor pursuant to this Agreement shall be from an insurer or insurers permitted to conduct business as required by Applicable Law and shall be rated with either an “A-: IX” or better by Best’s Insurance Guide Ratings or “A-” or better by Standard and Poor’s.
Appears in 11 contracts
Samples: Lump Sum Turnkey Agreement, Lump Sum Turnkey Agreement (Sabine Pass Liquefaction, LLC), Lump Sum Turnkey Agreement (Cheniere Energy Partners, L.P.)
Insurance Companies. All insurance required to be obtained by Contractor pursuant to this Agreement shall be from an insurer or insurers permitted to conduct business as required by Applicable Law and shall be rated with either an “A-: IXVIII” or better by Best’s Insurance Guide Ratings or “A-” or better by Standard and Poor’s or A3 or better by Moody’s.
Appears in 3 contracts
Samples: Lump Sum Turnkey Agreement (Tellurian Inc. /De/), Fixed Price Separated Turnkey Agreement (Cheniere Energy Inc), Fixed Price Separated Turnkey Agreement (Cheniere Energy Inc)
Insurance Companies. All insurance required to be obtained by Contractor pursuant to this Agreement shall be from an insurer or insurers permitted to conduct business as required by Applicable Law and shall be rated with either an “A-: IX” or better by Best’s Insurance Guide Ratings (or equivalent) as an “A-” or better with a financial category of “VIII” or better, or by Standard and Poor’s’s (or equivalent) as a “A-”.
Appears in 2 contracts
Samples: Fixed Price Turnkey Agreement (NextDecade Corp.), Fixed Price Turnkey Agreement (NextDecade Corp.)
Insurance Companies. All insurance required to be obtained by Contractor pursuant to this the Agreement shall be from an insurer or insurers permitted to conduct business as required by Applicable Law and shall be rated with either an “A-: IXA- (A minus)” or better by Best’s Insurance Guide Ratings with a financial category of “VII” or better, or “A-A” or better by Standard and Poor’s.
Appears in 2 contracts
Samples: Construction Agreement (Cheniere Corpus Christi Holdings, LLC), Construction Agreement (Cheniere Corpus Christi Holdings, LLC)
Insurance Companies. All insurance required to be obtained by Contractor pursuant to this Agreement shall be from an insurer or insurers permitted to conduct business as required by Applicable Law and shall be rated with either an “A-: IX” or better by Best’s Insurance Guide Ratings (or equivalent) as an “A-” or better with a financial category of “VIII” or better, or by Standard and Poor’s.’s (or equivalent) as a “A-”. RGLNG T4 – Xxxxxxx – Train 4 EPC Agreement O-18
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