Common use of Admission of Participants Clause in Contracts

Admission of Participants. The Participants may by unanimous written consent, on the first day of any calendar month, or at such other times as the Participants may determine, admit any Person who executes this Agreement or any other writing evidencing the intent of such Person to become a Participant, unless the participation by such Participant would have any of the effects described in clauses (i) through (vi) of Section 5.3(c).

Appears in 4 contracts

Samples: Agreement (Greenlight Capital Re, Ltd.), Agreement (Greenlight Capital Re, Ltd.), Amended and Restated Agreement (Greenlight Capital Re, Ltd.)

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Admission of Participants. The Participants may may, by unanimous written consent, on the first day of any calendar month, or at such other times as the Participants may determine, admit any Person who executes this Agreement or any other writing evidencing the intent of such Person to become a Participant, unless the participation by such Participant would have any of the effects described in clauses (i) through (vi) of pursuant to Section 5.3(c4.1(h).

Appears in 1 contract

Samples: Investment Management Agreement (Third Point Reinsurance Ltd.)

Admission of Participants. The Participants may by unanimous written consent, on the first day of any calendar month, or at such other times as the Participants may determine, admit any Person who executes this Agreement or any other writing evidencing the intent of such Person to become a Participant, unless the participation by provided that any such Participant would have any of executes a joinder to the effects described Founders’ Agreement as a “Payor” thereunder in clauses (i) through (vi) of Section 5.3(c)a form reasonably acceptable to TP Re.

Appears in 1 contract

Samples: Joint Venture and Investment Management Agreement (Third Point Reinsurance Ltd.)

Admission of Participants. The Participants may may, by unanimous written consent, on the first day of any calendar month, or at such other times as the Participants may determine, admit any Person who executes this Agreement or any other writing evidencing the intent of such Person to become a Participant, unless the participation by such Participant would have any of the effects described in clauses (i) through (vi) of Section 5.3(c).

Appears in 1 contract

Samples: Investment Management Agreement (Third Point Reinsurance Ltd.)

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Admission of Participants. The Participants may by unanimous written consent, on the first day of any calendar month, or at such other times as the Participants may determine, admit any Person who executes this Agreement or any other writing evidencing the intent of such Person to become a Participant, unless the participation by provided that any such Participant would have any of executes a joinder to the effects described Founders’ Agreement as a “Payor” thereunder in clauses (i) through (vi) of Section 5.3(c)a form reasonably acceptable to TP Re USA.

Appears in 1 contract

Samples: Joint Venture and Investment Management Agreement (Third Point Reinsurance Ltd.)

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