Use of Letters of Credit. The Borrower shall request letters of credit only to support its obligations under Reinsurance Agreements.
Appears in 3 contracts
Samples: Letter of Credit Reimbursement Agreement (Max Re Capital LTD), Letter of Credit Reimbursement Agreement (Max Re Capital LTD), Letter of Credit Reimbursement Agreement (Max Re Capital LTD)
Use of Letters of Credit. The Borrower shall request ------------------------ letters of credit only to support its obligations under Reinsurance Agreements.
Appears in 1 contract
Samples: Letter of Credit Reimbursement Agreement (Max Re Capital LTD)
Use of Letters of Credit. The Borrower shall request letters of ------------------------ credit only to support its obligations under Reinsurance Agreements.
Appears in 1 contract
Samples: Letter of Credit Reimbursement Agreement (Max Re Capital LTD)
Use of Letters of Credit. The Borrower shall request letters of credit only to support its obligations under Reinsurance AgreementsAgreements and Primary Policies.
Appears in 1 contract
Samples: Letter of Credit Reimbursement Agreement (Max Re Capital LTD)