Glossary entry (derived from question below)
English term or phrase:
downgrade clause
Russian translation:
оговорка (статья, положение) о снижении рейтинга
Added to glossary by
erika rubinstein
Oct 3, 2010 19:08
13 yrs ago
3 viewers *
English term
downgrade clause
English to Russian
Other
Insurance
It is agreed that coverage hereunder is subject to the following downgrade clause:
Notwithstanding anything contained in this policy to the contrary, the Insured or Reinsured shall have the right to give 30 days noticet o reduce or terminate any individual Insurer's participation in this policy if the rating of such Insurer is downgraded to a level below A-as issued by Standard & Poor's, such notice to be given within 30 days of downgrading
Notwithstanding anything contained in this policy to the contrary, the Insured or Reinsured shall have the right to give 30 days noticet o reduce or terminate any individual Insurer's participation in this policy if the rating of such Insurer is downgraded to a level below A-as issued by Standard & Poor's, such notice to be given within 30 days of downgrading
Proposed translations
(Russian)
4 +2 | оговорка (статья, положение) о деклассификации (снижении рейтинга) | erika rubinstein |
Change log
Oct 9, 2010 14:14: erika rubinstein Created KOG entry
Proposed translations
+2
1 min
Selected
оговорка (статья, положение) о деклассификации (снижении рейтинга)
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