Class Rating Clause Samples

The Class Rating clause defines the classification system used to determine the insurance premium rates for a group of insured individuals or entities. It typically outlines how members are grouped based on similar risk characteristics, such as occupation, age, or location, and how these groupings affect the calculation of premiums. By standardizing the rating process, this clause ensures fairness and consistency in premium determination, helping both insurers and policyholders understand how rates are set and reducing disputes over pricing.
Class Rating. Refer to section 2 of Annex 3, Pilot Licensing, to the Agreement.
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Class Rating. A-1 and A-2 AAA B AA C and S A D BBB E BB
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Related to Class Rating

  • Moody’s ▇▇▇▇▇’▇ Investors Service, Inc. and its successors.

  • Debt Rating The Liquidity Provider has a short-term debt ratings of “P-1” from ▇▇▇▇▇’▇ and “F1+” from Fitch.

  • PRIORITY RATING If so identified, this Contract is a "rated order" certified for national defense, emergency preparedness, and energy program use, and SELLER shall follow all the requirements of the Defense Priorities and Allocation System Regulation (15 C.F.R. Part 700).

  • Rating The Notes can be issued without the requirement that they have any rating from a nationally recognized statistical rating organization.

  • Required Ratings The Offered Certificates shall have received Required Ratings of at least [ ] from [ ].