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, Inc.

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.

• For insurance to satisfy the requirements of this section, all required insurance must be issued by an insurer with an A.M. Best rating of A - or better that is approved to do business in the State of California.

• 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 Other Party shall procure and maintain the following described insurance, except for coverage specifically waived by the City of Lakeland, on policies and with insurers acceptable to the City, and insurers with AM Best ratings of no less than A.

More Definitions of A.M. Best

A.M. Best means A.M. Best & Company.

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. A.M. Best Company or its successor in interest.

A.M. Best means A.M. Best Company, Inc. and its successors.

A.M. Best means AM Best Company Inc. or any successor to its rating business;

A.M. Best means A.M. Best Company or any successor thereto. “Amended and Restated Purchase Agreement” means the Amended and Restated Purchase Agreement dated as of the Closing Date among AIG, the UST and the FRBNY, substantially in the form of Exhibit A.

A.M. Best has the meaning specified in Section 6.05(a).