EXECUTION VERSION DATED 28 NOVEMBER 2007 TALBOT HOLDINGS LTD. AS BORROWER VALIDUS HOLDINGS, LTD. AS GUARANTOR LLOYDS TSB BANK PLC AND ING BANK N.V., LONDON BRANCH AS MANDATED LEAD ARRANGERS ING BANK N.V., LONDON BRANCH AS STRUCTURING AGENT LLOYDS TSB...Standby Letter of Credit Facility Agreement • December 4th, 2007 • Validus Holdings LTD • Fire, marine & casualty insurance • England and Wales
In support of the obligations of the Borrower under the Borrower’s 2008 and 2009 underwriting years' letter of credit facility procurement agreements and capital stack arrangements with Talbot 2002 Underwriting Capital Ltd., Validus Holdings, Ltd., as Guarantor, and Talbot Holdings Ltd., as Borrower, enter into this Agreement.
