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.
A.M. Best means A.M. Best Company.
A.M. Best means A. M. Best Company, Inc. and any successor rating agency.

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.

  • 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.

  • 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 of insurance required herein shall be issued by insurer(s) authorized to issue insurance policies by the State of California and who are A.M. Best rated at least A-/VII.

  • The policies of insurance shall be primary and written on forms acceptable to the Board and placed with insurance carriers approved and licensed by the Insurance Department in the State of Georgia and meet minimum financial A.M. Best & Company rating of no less than A:8.


More Definitions of A.M. Best

A.M. Best means A.M. Best Company, Inc.
A.M. Best means A.M. Best Company and its successors.
A.M. Best means A.M. Best Company, Inc. and any successor or successors thereto.
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.
A.M. Best means A.M. Best Company, Inc. and its successors.
A.M. Best means A.M. Best Company, or any successor thereto.