A.M. Best definition

A.M. Best. A.M. Best Company, Inc. or its successors in interest. If neither A.M. Best nor any successor remains in existence, “A.M. Best” shall be deemed to refer to such other nationally recognized statistical rating agency or other comparable Person reasonably designated by the Depositor, notice of which designation shall be given to the Trustee, the Certificate Administrator, the Master Servicer and the Special Servicer and specific ratings of A.M. Best herein referenced shall be deemed to refer to the equivalent ratings (as reasonably determined by the Depositor) of the party so designated.
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A.M. Best means A.M. Best Company.
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A.M. Best means A. M. Best Company, Inc. and any successor rating agency.
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Examples of A.M. Best in a sentence

  • All policies held by Vendor to adhere to this term shall be written by a carrier with a financial size category of VII and at least a rating of “A-” by A.M. Best Key Rating Guide.

  • All policies held by Vendor to adhere to this term shall be written by a carrier with a financial size category of VII and at least a rating of “A‐” by A.M. Best Key Rating Guide.

  • If the insurance carrier does not have an A.M. Best Rating of A-/VIII, the CEO/Office of Risk Management retains the right to approve or reject a carrier after a review of the company's performance and financial ratings.

  • Each company issuing policies required under Sections 10.1. must: (a) be licensed to transact business in the State of Florida; and, (b) have an AM Best Financial Strength rating of “A-” or above.

  • All insurance shall be written with financially responsible companies authorized to do business in the District of Columbia or in the jurisdiction where the work is to be performed and have an A.M. Best Company rating of A- / VII or higher.


More Definitions of A.M. Best

A.M. Best means A.M. Best Company, Inc.
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A.M. Best means A.M. Best Company, Inc. and any successor thereto.
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A.M. Best means A.M. Best Company, Inc. and any successor or successors thereto.
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A.M. Best means A.M. Best Company, together with any Person succeeding thereto by merger, consolidation or acquisition of all or substantially all of its assets, including substantially all of its business of rating insurance companies.
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A.M. Best. A.M. Best Company or its successor in interest.
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A.M. Best means A.M. Best Company, Inc. and its successors.
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A.M. Best means A.M. Best Company, or any successor thereto.
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