GREENLIGHT CAPITAL RE, LTD. FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Financial Statements and Exhibits
Item 1.01 Entry into a Material Definitive Agreement.
Amendment No. 1 to the Second Amended and Restated Exempted Limited Partnership
Agreement
On
Greenlight Reinsurance Ireland,
wholly owned subsidiary of
together with Greenlight Re and GRIL, "GLRE"), the Registrant (for limited
purposes) and
partner of
No. 1 (the "Amendment") to the Second Amended and Restated Exempted Limited
Partnership Agreement, dated as of
1, 2021
otherwise defined have the meanings ascribed thereto in the Second Restated
Agreement, as amended.
The Amendment amends and restates in its entirety the defined term "Additional
Investment Ratio" to mean a ratio where (x) the numerator is the product of (a)
0.60 (the "Investment Cap") multiplied by (b) the GLRE Surplus, and (y) the
denominator is the sum of the Capital Account of each of Greenlight Re and GRIL,
effective as of
The foregoing summary of the Amendment does not purport to be complete and is
qualified in its entirety to the Amendment, a copy of which is attached as
Exhibit 10.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits Exhibit No. Description of Exhibit 10.1 Amendment No. 1, dated as ofDecember 15, 2022 , to the Second Amended and Restated Exempted Limited Partnership Agreement ofSolasglas Investments, LP , betweenDME Advisors II, LLC , asGeneral Partner ,Greenlight Reinsurance, Ltd. , Greenlight Reinsurance Ireland,Designated Activity Company ,Greenlight Capital Re, Ltd. and the initial limited partner, dated as ofJanuary 7, 2021 and effective as ofJanuary 1, 2021 .
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