Teekay LNG definition

Teekay LNG means Teekay LNG Partners L.P. a limited partnership formed in the Xxxxxxxx Islands with its registered office at c/o Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Xxxxxxx XX00000.
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Teekay LNG means Teekay LNG Partners L.P., a limited partnership formed in the Republic of the Xxxxxxxx Islands with its registered address at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, The Xxxxxxxx Xxxxxxx XX0 0000 Xxxxxx XXX Group means Teekay LNG and each of its Subsidiaries Total Commitments means the aggregate of the Commitments, being one hundred and seventy five million dollars ($175,000,000) at the date of this Agreement Total Loss means, in relation to a Ship, its:
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Teekay LNG means Teekay LNG Partners L.P., a limited partnership organized under the laws of the Republic of the Xxxxxxxx Islands, and its successors.
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Examples of Teekay LNG in a sentence

  • As a result of difference in the credit ratings of the guarantors, the tranche guaranteed by Marubeni Corporation received a lower interest rate than the portion guaranteed by Teekay LNG Partners L.P. by 2.567%.

  • On the basis of the Excerpt and the Register only, the issued share capital of LuxCo consists of 163,015 (one hundred sixty-three thousand fifteen) shares (the “Luxco Shares”) all of which are held by Teekay LNG Operating.

  • The material terms set forth in the Transfer Notice shall have been approved, in any case where an LNG Partnership Group Member or an Offshore Partnership Group Member is the Transferring Party, by the applicable Conflicts Committee of Teekay LNG General Partner or Teekay Offshore General Partner.

  • Teekay LNG has agreed to acquire Teekay’s 70 percent interest in two of the LNG newbuildings and Teekay’s 40 percent interest in four LNG newbuildings upon delivery of the vessels.

  • Teekay LNG has agreed to acquire Teekay’s 70% interest in two of the LNG newbuildings and Teekay’s 40% interest in four LNG newbuildings upon delivery of the vessels.

  • Teekay LNG Partners L.P. is the ultimate parent company of Teekay Nakilat (III) Holdings Corporation.

  • The term loans are collateralized by first-priority statutory mortgages over the Marib Spirit, Arwa Spirit, Methane Spirit and Magellan Spirit, first priority pledges or charges of all the issued shares of the respective vessel owning subsidiaries, and a guarantee from Teekay LNG Partners L.P. and Marubeni Corporation.

  • The General Partner and the Organizational Limited Partner have previously formed the Partnership as a limited partnership pursuant to the provisions of the Xxxxxxxx Islands Act and hereby amend and restate the original Agreement of Limited Partnership of Teekay LNG Partners L.P. in its entirety.

  • The Offshore Partnership Group hereby grants (i) Teekay a right of first offer on any proposed Transfer or Re-Charter by any Offshore Partnership Group Member of any Crude Oil Assets owned or acquired by any Offshore Partnership Group Member and (ii) Teekay LNG General Partner a right of first offer on any proposed Transfer or Re-Charter by any Offshore Partnership Group Member of any LNG Assets owned or acquired by any Offshore Partnership Group Member.

  • Other than its 2.0% general partner interest in the Partnership, the Incentive Distribution Rights and a 1.0% interest in Teekay LNG Holdings L.P., the General Partner does not own, directly or indirectly, any equity or long-term debt securities of any corporation, partnership, limited liability company, joint venture, association or other entity.

Related to Teekay LNG

  • LNG means liquefied natural gas.

  • GP means Gottbetter & Partners, LLP.

  • NGL means natural gas liquids.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • OTP means One Time Password

  • JV means Joint Ventures

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • CW means current City of Winnipeg Standard Construction Specification;

  • Departing General Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or Section 11.2.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Off-Peak means, in relation to any Passenger Service, the period of time outside of the Peak;

  • Co-op A private, cooperative housing corporation, having only one class of stock outstanding, which owns or leases land and all or part of a building or buildings, including apartments, spaces used for commercial purposes and common areas therein and whose board of directors authorizes the sale of stock and the issuance of a Co-op Lease.

  • Holdings LLC Agreement means the Amended and Restated Limited Liability Company Agreement of Holdings dated as of the Closing Date.

  • MLP has the meaning given such term in the introduction to this Agreement.

  • Renewable energy means the grid quality electricity generated from renewable energy sources;

  • Anchorage means the system by which the seat assembly is secured to the vehicle structure, including the affected parts of the vehicle structure;

  • MLP GP means any general partner of any MLP and any general partner of the general partner of any MLP.

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • Operating Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • Harvest means the act of removing a marine species with the intention of not returning it to the water.