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Common use of Best Rating Clause in Contracts

Best Rating. The financial strength rating issued with respect to Mont Re by A.M. Best Company.

Appears in 3 contracts

Sources: Letter of Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD), Letter of Credit Reimbursement and Pledge Agreement (Montpelier Re Holdings LTD), Credit Agreement (Montpelier Re Holdings LTD)

Related Clauses

  • Ratings
  • Rating
  • Insurance Carrier Rating
  • Debt Rating
  • Insurance Company Rating

Parent Clauses

  • Definitions and Rules of Interpretation
  • DEFINITIONS
  • AFFIRMATIVE COVENANTS
  • Provisions of General Applications
  • COUNTERPARTS

Sub-Clauses

  • Tranche A Maximum Drawing Amount
  • Tranche B Maximum Drawing Amount
  • Existing Credit Facilities
  • Letter of Credit Application
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