Common use of No Ratings Downgrade Clause in Contracts

No Ratings Downgrade. Except as disclosed in the Prospectus and the Registration Statement, the Company has no knowledge of any threatened or pending downgrading of any of its or its subsidiaries’ financial strength rating by Standard & Poor’s Rating Services, Xxxxx’x Investor Service and A.M. Best Company Inc., the only “nationally recognized statistical rating organizations,” as such term is defined for purposes of Rule 463(g)(2) under the 1933 Act which currently has publicly released a rating of the financial strength of the Company or any of its subsidiaries.

Appears in 3 contracts

Samples: Underwriting Agreement (Endurance Specialty Holdings LTD), Underwriting Agreement (Endurance Specialty Holdings LTD), Underwriting Agreement (Endurance Specialty Holdings LTD)

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No Ratings Downgrade. Except as disclosed in the Prospectus and the Registration StatementTime of Sale Prospectus, the Company has no knowledge of any threatened or pending downgrading of any of its or its subsidiaries’ financial strength rating by Standard & Poor’s Rating Services, Xxxxx’x Investor Service and A.M. Best Company Inc., the only “nationally recognized statistical rating organizations,” as such term is defined for purposes of Rule 463(g)(2) under the 1933 Securities Act which currently has publicly released a rating of the financial strength of the Company or any of its subsidiaries.

Appears in 2 contracts

Samples: Underwriting Agreement (Endurance Specialty Holdings LTD), Underwriting Agreement (Endurance Specialty Holdings LTD)

No Ratings Downgrade. Except as disclosed in the Prospectus and the Registration Statement, the The Company has no knowledge of any threatened or pending downgrading of any of its or its subsidiaries' financial strength rating by Standard & Poor’s 's Rating Services, Xxxxx’x Xxxxx'x Investor Service and A.M. Best Company Inc., the only "nationally recognized statistical rating organizations," as such term is defined for purposes of Rule 463(g)(2) under the 1933 Act which currently has publicly released a rating of the financial strength of the Company or any of its subsidiaries.

Appears in 1 contract

Samples: Purchase Agreement (Endurance Specialty Holdings LTD)

No Ratings Downgrade. Except as disclosed in the Prospectus and the Registration Statement, the The Company has no knowledge of any threatened or pending downgrading of any of its or its subsidiaries’ financial strength rating by Standard & Poor’s Rating Services, Xxxxx’x Investor Service and A.M. Best Company Inc.Inc. and Xxxxx’x Investor Service, the only “nationally recognized statistical rating organizations,” as such term is defined for purposes of Rule 463(g)(2) under the 1933 Securities Act which currently has publicly released a rating of the financial strength of the Company or any of its subsidiaries.

Appears in 1 contract

Samples: Underwriting Agreement (Endurance Specialty Holdings LTD)

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No Ratings Downgrade. Except as disclosed in the Prospectus and the Registration Statement, the The Company has no knowledge of any threatened or pending downgrading of any of its or its subsidiaries’ financial strength rating by Standard & Poor’s Rating Services, Xxxxx’x Investor Service and A.M. Best Company Inc., the only “nationally recognized statistical rating organizations,” as such term is defined for purposes of Rule 463(g)(2) under the 1933 Act which currently has publicly released a rating of the financial strength of the Company or any of its subsidiaries.

Appears in 1 contract

Samples: Purchase Agreement (Endurance Specialty Holdings LTD)

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