Common use of Ratings Information Clause in Contracts

Ratings Information. The Original Guarantor shall supply to the Agent (for distribution to the Lenders), promptly after A.M. Best Company, Inc. shall have announced a downgrade in the financial strength rating of Validus Reinsurance, Ltd., written notice of such rating change.

Appears in 2 contracts

Sources: Amendment and Restatement Agreement (Validus Holdings LTD), Amendment and Restatement Agreement (Validus Holdings LTD)

Ratings Information. The Original Guarantor shall supply to the Agent (for distribution to the Lenders), promptly after A.M. Best Company, Inc. shall have announced a downgrade in the financial strength rating of Validus Reinsurance, Ltd., written notice of such rating change.

Appears in 2 contracts

Sources: Standby Letter of Credit Facility Agreement (Validus Holdings LTD), Amendment and Restatement Agreement (Validus Holdings LTD)