A3 or higher from Xxxxx’x; “A” or higher from Fitch; and/or the equivalent from another internationally recognised credit rating agency acceptable to the Association. If we cease to satisfy such requirement, then we shall as soon as practicable notify the Operator and the Association in writing of the same;
A3 or its equivalent by Xxxxx’x Investors Service, Inc. All insurers providing Insurance required by this Loan Agreement will be authorized to issue Insurance in the Property Jurisdiction.
A3 by Moody’s, (c) “A-” by Fitch or (d) “A:X” by A.M. Best Company and (y) any one of the following: (a) “A-” by S&P, (b) “A3” by Moody’s, (c) “A-” by Fitch, (d) “A (low)” by DBRS or (e) “A:X” by A.M. Best Company; provided, however, that any claims-paying ability rating that satisfies the requirement in the preceding clause (x) will also satisfy the requirement in clause (y); and provided that (A) an insurance carrier shall be deemed to have the applicable claims-paying ability ratings set forth above if the obligations of such insurance carrier under the related insurance policy are guaranteed or backed in writing by an entity that has long-term unsecured debt obligations that are rated not lower than the ratings set forth above or claims-paying ability ratings that are not lower than the ratings set forth above; and (B) an insurance carrier will be deemed to have the applicable claims-paying ability ratings set forth in this clause (ii) if a Rating Agency Confirmation is obtained from the Rating Agency whose rating requirement has not been satisfied.
Examples of A3 in a sentence
See Exhibit A.3 (Statement of Work - Building Representations) to this Exhibit A.
Neither Party is restricted in, or liable for, the use, disclosure, or reproduction of Data without a restrictive notice under paragraphs A3.
Classroom on-grid teachers in both the Elementary Panel (Categories D, C, B, A1, A2, A3 and A4) and the Secondary Panel (Category C, Category B, Category A1, Category A3, Category A4) constitute 13 job classes.
For one of the three (3) days authorized in A.1., the requirements of A.2. and A.3. shall not apply; however, such advance notice as may be reasonably possible will be appreciated even if not required.
In the case of a foreign tour concert paid pursuant to A.3. above, the Employer may license the program in the country where the live concert occurs for unlimited broadcast, simultaneous streaming of broadcasts, and archiving for on- demand streaming of broadcasts for a period of three (3) years from the date of the initial broadcast.
More Definitions of A3
A3 by Moody’s, (b) “A-” by S&P, (c) “A-” by Fitch, (d) “A-:X” by A.M. Best Company, Inc. or (e) “A(low)” by DBRS, or, in the case of clauses (i) or (ii), any other insurer acceptable to the Rating Agencies, as evidenced by a Rating Agency Confirmation.
A3 by Xxxxx’x, (d) “A(low)” by DBRS, Inc. or (e) “A-:VIII” by A.M. Best Company (or such other rating as to which a Rating Agency Confirmation has been obtained) covering the Servicer’s or Special Servicer’s, as applicable, officers and employees in connection with its activities under this Agreement. Each such insurance policy shall protect the Servicer or the Special Servicer, as applicable, against losses resulting directly from forgery, theft, embezzlement, fraud, errors and omissions of such covered persons. Coverage of the Servicer or the Special Servicer under a policy or bond obtained by an Affiliate thereof and providing the coverage required by this Section 3.11(d) shall satisfy the requirements of this Section 3.11(d). The amount of coverage shall at least be equal to the coverage that is required by the applicable governmental authorities having regulatory power over the Servicer and Special Servicer. The amount of coverage shall be in such form and amount as are consistent with Accepted Servicing Practices. In the event that any such bond or policy ceases to be in effect, the Servicer or the Special Servicer, as applicable, shall obtain a comparable replacement bond or policy. Each shall use reasonable effort to cause each and every sub-servicer, if any, to maintain a blanket fidelity bond and an errors and omissions insurance policy meeting the requirements as described above. In lieu of the foregoing, but subject to this Section 3.11, the Servicer and the Special Servicer may self-insure with respect to such risks so long as the long term debt obligations or deposits of the Servicer or the Special Servicer, as applicable (or its immediate or remote parent) are rated at least “A3” by Xxxxx’x (or such other rating as to which a Rating Agency Confirmation has been obtained).
A3 or higher from Xxxxx’x; “A” or higher from Fitch; and/or the equivalent from another internationally recognised credit rating agency acceptable to the Association. If we cease to satisfy such requirement, then we shall as soon as practicable notify the Insureds and the Association in writing of the same. All notices to be given to the Association in connection with this Form shall be sent by email (as a pdf, tif or similar uneditable attachment) to xxxxx@xxxx.xxx.xx. The issuance of this document does not make the Association an additional insured, nor does it modify in any manner the contract of insurance between the Insureds and the Insurer. Date ……….………… Name of Insurer:…..…………………….. Address of Insurer ……….………… ………….………. …...…….……….. By ……….……….……….……….… Authorised signature Name ……….……….……….……….… Typed or Printed Title ……….……….……….……….… Typed or Printed V E R I F I C AT I O N O F I N S U R AN C E ISSUED TO The Offshore Pollution Liability Association Limited (hereinafter referred to as the ‘Association’). We the undersigned Insurance Broker or Agent hereby certify and agree:
A3 or higher from Xxxxx’x; “A” or higher from Fitch; and/or the equivalent from another internationally recognised credit rating agency acceptable to the Association; and if it ceases to satisfy such requirement, it shall promptly notify the Operator and the Association of the same.
A3 or higher by Moody’s and “A-” or higher by S&P, if such Person is rated by both Moody’s and S&P, or (b) “A3” or higher by Moody’s or “A-” or higher by S&P if such Person is rated by either S&P or Moody’s, or (c) equivalent ratings by any other credit rating agency of recognized national standing.
A3. 180 “Caa1” 4770
A3 by Moody's, or the short-term, unsecured and unsubordinated debt obligations of Party A (or its successor) or any guarantor of Party A's obligations under the Agreement, are downgraded below "Prime-2" by Moody's; and