Global Indemnity Limited definition

Global Indemnity Limited in the first sentence of the section of the Agreement entitled “ANNUAL BONUS OPPORTUNITY & COMPONENTS” and the reference to “Global Indemnity Ltd.” in the last sentence of the same section shall instead be references to “Global Indemnity Group, LLC,” and the reference to “Global Indemnity Reinsurance Company, Ltd.” in the penultimate sentence of the first paragraph of the same section and the last bullet of the same section shall instead be a reference to “GBLI reinsurance operations.”
Sample 1

Examples of Global Indemnity Limited in a sentence

  • About Global Indemnity Limited and its subsidiaries Global Indemnity Limited (NASDAQ:GBLI), through its several direct and indirect wholly owned subsidiary insurance and reinsurance companies, provides both admitted and non-admitted specialty property and casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance worldwide.

  • The purpose of the Plan is to give Global Indemnity Limited, a Cayman exempted company (the “Company”), and its Affiliates (as defined below) a competitive advantage in attracting, retaining and motivating officers, employees, consultants and non-employee directors, and to provide the Company and its Affiliates with a share plan providing incentives linked to the financial results of the Company’s businesses and increases in shareholder value.

  • The Registration Statements relate to the issuance by the Company from time to time, pursuant to Rules 415 and 416, as applicable, of the General Rules and Regulations of the Commission promulgated under the Act (the “Rules and Regulations”) of an aggregate of 5,172,052 shares of the Company’s class A common shares, no par value (the “Class A Common Shares”) that may be issued under the Global Indemnity Limited Share Incentive Plan (as amended, the “Plan”).

  • Governance at NTCOSS remains strong with a broad range of skills on the Board and active Board members who drive the vision ofNTCOSS so that as a small organisation we can maximise impact.

  • Encourage them to use adjectives such as colors and shapes to describe what they see.

  • The Company, a Delaware limited liability company classified as a partnership for federal income tax purposes, replaced Global Indemnity Limited, a Cayman Islands corporation, as the publicly listed parent company of Global Indemnity, effective as of today.

  • George Town, Cayman Islands (March 8, 2019) – Global Indemnity Limited (NASDAQ:GBLI) today reported a net loss of $56.7 million, a decrease of $47.1 million from 2017.

  • Fox Explanatory Note From February 2003 through February 2021, the Reporting Persons (as defined below) or their affiliates have filed multiple Statements of Beneficial Ownership on Schedule 13G and amendments thereto with respect to their beneficial ownership of Class A Ordinary Shares, $0.0001 par value per share, of Global Indemnity Limited, a Cayman Islands corporation, and its predecessors.

  • To encourage increased efficiency and profitability of Global Indemnity Limited (the “Company” or “GI Limited”).

  • As of January 19, 2021, Executive shall be granted under the Global Indemnity Limited 2018 Share Incentive Plan, as amended and restated effective August 28, 2020 (the “Plan”), unvested options to acquire 140,000 GIG shares (the “Stock Options”) with an exercise price equal to the closing price (the last trade) of the Company’s NASDAQ traded shares on such day (presumably, approximately $29.00).

Related to Global Indemnity Limited

  • Environmental Indemnity Agreement means the Environmental Indemnity Agreement dated as of the Closing Date, from Borrower and the Guarantor, collectively, as indemnitor, to Lender, as indemnitee, as the same may be amended, modified or supplemented from time to time.

  • AND LIABILITY LIMITS State Street shall assume no responsibility for lost interest with respect to the refundable amount of any unauthorized payment order, unless State Street is notified of the unauthorized payment order within thirty (30) days of notification by State Street of the acceptance of such payment order. In no event shall State Street be liable for special, indirect or consequential damages, even if advised of the possibility of such damages and even for failure to execute a payment order.

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Environmental Indemnity means that certain Environmental Indemnity Agreement dated as of the date hereof executed by Borrower in connection with the Loan for the benefit of Lender.

  • Related Indemnified Person of an Indemnitee means (a) any controlling person or controlled affiliate of such Indemnitee, (b) the respective directors, officers, or employees of such Indemnitee or any of its controlling persons or controlled affiliates and (c) the respective agents of such Indemnitee or any of its controlling persons or controlled affiliates, in the case of this clause (c), acting at the instructions of such Indemnitee, controlling person or such controlled affiliate; provided that each reference to a controlled affiliate or controlling person in this definition shall pertain to a controlled affiliate or controlling person involved in the negotiation or syndication of the Facility.

  • Indemnification Cap has the meaning set forth in Section 9.3(a).

  • Company Indemnified Persons has the meaning set forth in Section 5(a).

  • Company Indemnified Parties has the meaning specified in Section 7.8(a).

  • Company Indemnified Party has meaning set forth in Section 8(b) hereof.

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Company Indemnified Person means (a) any Administrator; (b) any Affiliate of any Administrator; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrator; or (d) any officer, employee or agent of the Trust or its Affiliates.

  • Funding Indemnity Letter means a funding indemnity letter, substantially in the form of Exhibit N.

  • Union Delegate means an Employee elected by Union members and endorsed by the Union to represent the interests of Union members. All parties to this Agreement shall be notified as soon as practicable after the election of a Union Delegate. Union or CFMEU means The Construction, Forestry, Maritime, Mining and Energy Union (Queensland Northern Territory Construction and General Divisional Branch).

  • Fiduciary Indemnified Person means each of the Institutional Trustee (including in its individual capacity), the Delaware Trustee (including in its individual capacity), any Affiliate of the Institutional Trustee or the Delaware Trustee, and any officers, directors, shareholders, members, partners, employees, representatives, custodians, nominees or agents of the Institutional Trustee or the Delaware Trustee.

  • Indemnity Cap has the meaning set forth in Section 9.2(b).

  • Related Indemnitee Group has the meaning specified in Section 4.02(b) of the Participation Agreement.

  • Indemnified Matters has the meaning specified therefor in Section 12.15.

  • Maximum Potential Additional Dividend Liability, as of any Valuation Date, means the aggregate amount of Additional Dividends that would be due if the Corporation were to make Retroactive Taxable Allocations, with respect to any fiscal year, estimated based upon dividends paid and the amount of undistributed realized net capital gains and other taxable income earned by the Corporation, as of the end of the calendar month immediately preceding such Valuation Date and assuming such Additional Dividends are fully taxable.

  • Servicer Indemnified Party As defined in Section 8.05(c) of this Agreement.

  • Manager Indemnified Party has the meaning set forth in Section 8(a) hereof.

  • Plantwide applicability limitation (PAL means an emission limitation expressed in tons per year, for a pollutant at a major stationary source, that is enforceable as a practical matter and established source-wide in accordance with Chapter 19, section 011.

  • Company Indemnitees shall have the meaning set forth in Section 5.02.

  • Seller Indemnified Persons has the meaning set forth in Section 8.3.

  • Seller Indemnified Parties has the meaning set forth in Section 8.1.

  • Company Indemnitee has the meaning set forth in Section 7.2(b).

  • Primary Indemnitor means any Person (other than the Assuming Institution or any of its Affiliates) who is obligated to indemnify or insure, or otherwise make payments (including payments on account of claims made against) to or on behalf of any Person in connection with the claims covered under Article XII, including without limitation any insurer issuing any directors and officers liability policy or any Person issuing a financial institution bond or banker's blanket bond.