AMENDED AND RESTATED LETTER OF CREDIT REIMBURSEMENT AND PLEDGE AGREEMENT Dated as of June 9, 2006 among MONTPELIER REINSURANCE LTD., HSBC BANK USA, NATIONAL ASSOCIATION, as Syndication Agent THE LENDERS PARTY HERETO and BANK OF AMERICA, N.A., as...Reimbursement and Pledge Agreement • June 13th, 2006 • Montpelier Re Holdings LTD • Fire, marine & casualty insurance • New York
This AMENDED AND RESTATED LETTER OF CREDIT REIMBURSEMENT AND PLEDGE AGREEMENT is made as of June 9, 2006, by and among Montpelier Reinsurance Ltd. (the “Borrower”), a limited liability company duly incorporated as an exempted company under the laws of Bermuda, having its registered office at 8 Par-La-Ville Road, Hamilton, HM 08, Bermuda, the lending institutions party hereto (the “Lenders”), Bank of America, N.A., a national banking association, as fronting bank, letter of credit administrator and as administrative agent for itself and such other lending institutions (the “Administrative Agent”).
FIRST AMENDMENT TO SECOND AMENDED AND RESTATED LETTER OF CREDIT REIMBURSEMENT AND PLEDGE AGREEMENTAgreement • June 13th, 2006 • Montpelier Re Holdings LTD • Fire, marine & casualty insurance
THIS FIRST AMENDMENT TO SECOND AMENDED AND RESTATED LETTER OF CREDIT REIMBURSEMENT AND PLEDGE AGREEMENT, dated as of June 9, 2006 (this “Amendment”), amends the Second Amended and Restated Letter of Credit Reimbursement and Pledge Agreement, dated as of August 4, 2005 (the “Credit Agreement”), among MONTPELIER REINSURANCE LTD., MONTPELIER RE HOLDINGS LTD., the various financial institutions parties thereto (collectively, the “Lenders”) and BANK OF AMERICA, N.A., as administrative agent (the “Administrative Agent”) for the Lenders. Terms defined in the Credit Agreement are, unless otherwise defined herein or the context otherwise requires, used herein as defined therein.
