Common use of Use of Letters of Credit Clause in Contracts

Use of Letters of Credit. The Letters of Credit shall be used to support the Account Parties’ insurance and reinsurance liabilities.

Appears in 4 contracts

Samples: Reimbursement Agreement, Reimbursement Agreement (Renaissancere Holdings LTD), Reimbursement Agreement (Renaissancere Holdings LTD)

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Use of Letters of Credit. The Letters of Credit shall be used to support obligations under the Account Parties’ ' insurance and reinsurance liabilities.

Appears in 2 contracts

Samples: Reimbursement Agreement (Renaissancere Holdings LTD), Reimbursement Agreement (Renaissancere Holdings LTD)

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