Ratings Information. (i) Promptly after A.M. Best Company, Inc. shall have announced a downgrade in the financial strength rating of Validus Re, written notice of such rating change. (ii) Promptly after Xxxxx’x or S&P shall have announced a change in the Index Rating established or deemed to have been established, written notice of such rating change.
Appears in 4 contracts
Samples: Unsecured Revolving Credit and Letter of Credit Facility Agreement (Validus Holdings LTD), Three Year Unsecured Letter of Credit Facility Agreement (Validus Holdings LTD), Revolving Credit Facility Agreement (Validus Holdings LTD)
