DATED AS OF DECEMBER 12, 2007 by ARCH REINSURANCE LTD. as Obligor with LLOYDS TSB BANK PLC as Agent, LLOYDS TSB BANK PLC, ING BANK N.V., LONDON BRANCH AND BARCLAYS BANK PLC as Original Lenders and LLOYDS TSB BANK PLC, as Mandated Lead ArrangerLetter of Credit and Reimbursement Agreement • December 14th, 2007 • Arch Capital Group Ltd. • Fire, marine & casualty insurance • New York
This LETTER OF CREDIT AND REIMBURSEMENT AGREEMENT is dated as of December 12, 2007 (as may be further amended, amended and restated, supplemented or otherwise modified from time to time, this “Agreement”) by and among Arch Reinsurance Ltd., a Bermuda company (the “Obligor”), Lloyds TSB Bank plc as agent for the Finance Parties (as hereinafter defined) (the “Agent” or the “Security Agent”), Lloyds TSB Bank plc, ING Bank N.V., London Branch and Barclays Bank PLC as Lenders (the “Original Lenders”) and Lloyds TSB Bank plc as mandated lead arranger (the “Arranger”).
