Secured Credit Agreement

Secured Credit Agreement. Means the proposed Credit Agreement to be dated as of or about March 25, 2011 among XL Group plc ("XL Group"), XL Group Ltd. ("XL Group Ltd"), XL America, XL Insurance, XL Re, XL Re Europe Limited, XL Insurance Company Limited, XL Insurance Switzerland Ltd, XL Life Ltd, the lenders party thereto and JPMCB, as administrative agent, as amended, restated, supplemented or otherwise modified from time to time, including any renewals, extensions or replacements thereof that increase the ... principal amount thereof as of the First Amendment Effective Date; provided, however, that to the extent such principal amount exceeds $1,000,000,000, such excess amount shall not be deemed to be incurred under the Secured Credit Agreement. View More