GRIL definition

GRIL means Greenlight Reinsurance Ireland, an Irish designated activity company.
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GRIL means Greenlight Reinsurance Ireland, dac, a designated activity company formed under the laws of the Republic of Ireland.
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GRIL and collectively with GLRE and Reinsurance, the “GLRE Entities”) and DME Advisors, LLC (“DMELLC”). Capitalized terms used but not otherwise defined herein have the meanings given to them in the JV Agreement. From time to time, the GLRE Entities may wish to enter into transactions to hedge (“Hedging Transactions”) their respective exposure to fluctuations in foreign exchange rates with respect to loss reserves held by the GLRE Entities. In connection with such Hedging Transactions, each of the GLRE Entities, DMELLC and DME Advisors, LP (“DMELP”), intending to be legally bound, hereby agree as follows:
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Examples of GRIL in a sentence

  • For purposes of providing such consent, Greenlight Re or GRIL, as applicable, shall designate an authorized representative (and a substitute authorized representative in the event that the first authorized representative is unavailable) each of whom have the authority to provide such consent.

  • For the avoidance of doubt, the Parties hereby acknowledge and agree that (x) the Greenlight Re Guidelines do not apply to any Assets in which Greenlight Re does not have an interest, and (y) the GRIL Guidelines do not apply to any Assets in which GRIL does not have an interest.

  • For the avoidance of doubt, the Parties hereby acknowledge and agree that (x) the Greenlight Re Guidelines do not apply to any Assets that are not included in Greenlight Re’s Investment Portfolio, and (y) the GRIL Guidelines do not apply to any Assets that are not included in GRIL’s Investment Portfolio.

  • Facsimile No.: ▇▇▇-▇▇▇-▇▇▇▇ E-Mail: ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ If to GRIL: Greenlight Reinsurance Ireland, Designated Activity Company ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇, ▇▇▇▇▇▇▇ Attention: ▇▇▇▇▇ ▇▇▇▇▇ Email: ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇.▇▇ With a copy to (which shall not constitute notice): Greenlight Reinsurance Ireland, Designated Activity Company ▇/▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇.▇.

  • The General Partner acknowledges that, as of the date hereof, Greenlight Re holds a Class D Insurer’s license issued in accordance with the terms of the Insurance Law, 2010, of the Cayman Islands (as amended) and that GRIL is a non-life reinsurer in accordance with the provisions of the European Union (Insurance and Reinsurance) Regulations 2015.

  • In the event that an officer of the General Partner learns that either Greenlight Re Cause or GRIL Cause exists, the General Partner shall promptly, and in any event within three Business Days, notify Greenlight Re or GRIL, as the case may be, that either Greenlight Re Cause or GRIL Cause, as the case may be, exists.

  • At the request of Greenlight Re or GRIL, as applicable, and subject to reasonable prior notice, the General Partner shall endeavor to make one of the General Partner’s or the Investment Advisor’s representatives available to attend the meetings of such party’s Board, or meetings with such party’s management (in either case in person or telephonically) to report on the Partnership’s activities and on other matters pertaining to the Partnership.

  • The General Partner shall afford to Greenlight Re’s or GRIL’s independent auditors reasonable access to such documents during customary business hours and shall permit Greenlight Re’s and/or GRIL’s auditors to make copies thereof or extracts therefrom at the expense of Greenlight Re or GRIL, as the case may be.

  • The General Partner will, and will cause the Investment Advisor to, use commercially reasonable efforts to assist Greenlight Re and GRIL in any required internal control or compliance matters applicable to Greenlight Re and GRIL and related to the Partnership, including preparing any internal control reviews that are reasonably deemed necessary by Greenlight Re and GRIL.

  • No more than 10% of GRIL Surplus (as defined in the Limited Partnership Agreement) will be held in private equity securities.