RECITALSThird Supplemental Indenture • May 1st, 2018 • Global Indemnity LTD • Fire, marine & casualty insurance • New York
WHEREAS, the Company is the obligor of 7.75% Subordinated Notes due 2045 (the “7.75% Notes”), in the original aggregate principal amount of $100,000,000, and 7.875% Subordinated Notes due 2047, in the original aggregate principal amount of $130,000,000 (the “7.875% Notes”, and together the 7.75% Notes, the “Notes”), which were issued under that certain Indenture dated as of August 12, 2015 (the “Base Indenture”, and together with the Officers’ Certificate dated August 12, 2015 (the “7.75% Notes Officers’ Certificate”), the First Supplemental Indenture dated as of November 7, 2016 and the Second Supplemental Indenture dated as of March 23, 2017 (the “Second Supplemental Indenture”), the “Indenture”), by and among the Company and the Trustees;
