Common use of MINIMUM INSURER RATING Clause in Contracts

MINIMUM INSURER RATING. The PERFORMING PARTY shall use insurers licensed, eligible, or registered under Texas law with a rating of A- or better in a financial size category of IV or higher according to A.M. Best Company.

Appears in 3 contracts

Sources: Alternative Fueling Facilities Program Contract, Alternative Fueling Facilities Program Contract, Alternative Fueling Facilities Program Contract

MINIMUM INSURER RATING. The PERFORMING PARTY shall use insurers licensed, eligible, eligible or registered under Texas law with a rating of A- or better in a financial size category of IV or higher according to A.M. Best Company.

Appears in 2 contracts

Sources: Grant Agreement, Grant Agreement