EX-10.3
from 10-Q
33 pages
Standby Letter of Credit Agreement (This “Agreement”), Dated as of August 18, 2023, by and Between Everest Reinsurance (Bermuda), Ltd., an Exempted Company Incorporated and Existing Under the Laws of Bermuda and Registered as a Class 4 and Class C Insurer Pursuant to the Bermuda Insurance Act (As Defined Below) (The “Account Party”), and Lloyds Bank Corporate Markets PLC (“Bank”). 1. Defined Terms. A.DEFINITIONS. for Purposes of This Agreement, in Addition to the Terms Defined Elsewhere Herein, the Following Terms Have the Meanings Set Forth Below (Such Meanings to Be Equally Applicable to the Singular and Plural Forms Thereof): “A.M. Best” Means A.M. Best Company, Inc
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EX-10.42
from 10-K
38 pages
Execution Version Certain Information in the Marked Exhibit Below Omissions Are Designated as “[*****].” Standby Letter of Credit Agreement (Committed/Unsecured) Standby Letter of Credit Agreement (The “ Agreement ”), Dated as of December Among Everest Reinsurance (Bermuda), Ltd., of Bermuda (The “ Account Party ”), and Bayerische Landesbank, New York Branch, the New York Branch of a Financial Institution Organized Under the Laws of the Federal Republic of Germany (“ Bank ”). 1. Defined Terms. (A) Definitions. for Purposes of Equally Applicable to the Singular and Plural Forms Thereof): “ Affected Financial Institution ” Means (A) Any Eea Financial Institution or (B) Any Uk Financial Institution. “ A.M. Best ” Means A.M. Best Company, Inc. “ Anti-Corruption Laws ” Means All Laws, Rules, Bribery Act 2010 and the Rules and Regulations Thereunder. “ Anti-Money Laundering Laws ” Means Any of the Patriot Act and the Currency and Foreign Transactions Reporting Act (Also Known as the “Bank Secrecy Act,” 31 U.S.C. §§ 5311-5330 and 12 U.S.C. §§ 1818(s), 1820(b) and 1951-1959). “ Application ” Has the Meaning Set Forth in Section
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EX-10.41
from 10-K
46 pages
Omissions Are Designated as “[*****].” Standby Letter of Credit Agreement (Usd $200,000,000 Committed/ Usd $100,000,000 Uncommitted) (Unsecured) Standby Letter of Credit Agreement (The “ Agreement ”), Everest Reinsurance (Bermuda), Ltd., “ Account Party ”), and Nordea Bank Abp, New York Branch (Together With Its Successors and Assigns, “ Bank ”). 1. Defined Terms. Definitions. for Purposes of This Agreement, in Addition to the Terms Defined Elsewhere Herein, the “ Affected Financial Institution ” Means (A) Any Eea Financial Institution or (B) Any Uk Financial Institution. “ A.M. Best ” Means A.M. Best Company, Inc. “ Anti-Corruption Laws ” Means All Laws, Rules, and Regulations of Any Jurisdiction Applicable to the Account Party From Time to Time Concerning or Relating to Bribery or Corruption, Including, to the Extent Applicable, the United States Foreign Corrupt “ Anti-Money Laundering Laws ” “ Application ” Has the Meaning Set Forth in Section 2(a) . “ Annual Statement ” Means, With Respect to the Account Party for Any Fiscal Year,
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EX-10.40
from 10-K
86 pages
This Letter of Credit Facility Agreement (This "Agreement") Is Made on November 3, 2021 Between: (1) Everest Reinsurance (Bermuda), Ltd. ("Everest Bermuda"), a Bermuda Exempted Company Registered as a Class 4 and Class C Insurer Pursuant to the Bermuda Insurance Act (As Defined Below) (Registration No. 27857); (2) Certain Subsidiaries of Everest Group Party Hereto Pursuant to Section 2.14 (Each a "Designated Borrower", Together With Everest Bermuda, the "Borrowers" And, Each a "Borrower"); and (3) Barclays Bank PLC (The "Issuer"). Recitals (A) Whereas, Everest Bermuda Has Requested a Letter of Credit Facility From the Issuer to Provide Letters of Credit From Time to Time to Support Certain of Its Insurance Business (As Such Term Is Defined in the Bermuda Insurance Act), Regulatory or Supervisory Requirements; (B) Whereas, the Issuer Is Willing to Provide Such Letters of Credit, but Only Upon the Terms and Subject to the Conditions Set Out in This Agreement. (C) Now Therefore, in Consideration of the Mutual Covenants and Agreements Herein, the Parties Hereto Agree as Follows: 1. Definitions 1.1 Defined Terms as Used in This Agreement, the Following Terms Have the Meanings Specified Below
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EX-10.1
from 10-Q
16 pages
13879370v5 24740.00061 Pricing Level Commitment Utilization Ratio Commitment Fee I ≥ 50% 0.125% II < 50% 0.225% Execution Version First Amendment to Standby Letter of Credit Agreement This First Amendment to Standby Letter of Credit Agreement , Dated as of May 5, 2021 (This “Amendment”), Is by and Wells Fargo Bank, National Association, a National Banking Association ( “Bank”). Recitals the and Conditions Set Forth Herein. Statement of Agreement the Parties Hereto Agree as Follows
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