TGP Shares definition
TGP Shares means the common units of TGP Issuer.
TGP Shares means the 559 “B” shares, as defined in the Articles, in the capital of the Company;
TGP Shares means the common units of TGP Issuer. “Threshold Amount” has the meaning specified in Schedule 1.01(b). “TNK Issuer” means Teekay Tankers Ltd., a corporation incorporated under the laws of the Republic of the ▇▇▇▇▇▇▇▇ Islands. “TNK Shares” means the Class A common stock, par value $0.01 per share, of TNK Issuer. “Total Accrued Loan Amount” means, at any time, the aggregate outstanding principal amount of all Advances, together with accrued and unpaid interest thereon, the accrued and unpaid fees, including the Make Whole Amount, if applicable, and all reimbursable expenses and other Obligations together with accrued and unpaid interest thereon. “Trading Disruption” means, for either of the TGP Shares or the TNK Shares, any material suspension of or limitation imposed on trading by the Exchange for such Shares on any Exchange Business Day for such Shares (whether by reason of movements in price exceeding limits permitted by such Exchange or otherwise) relating to such Shares. “Transactions” means the execution, delivery and performance by Borrower of the Margin Loan Documents, the grant of the security interest contemplated hereby or thereby and the borrowing of the Advances. “Transfer Restriction” means, with respect to any item of Collateral, any condition to or restriction on the ability of the owner thereof to sell, assign or otherwise transfer such item of Collateral or enforce the provisions thereof or of any document related thereto whether set forth in such item of Collateral itself or in any document related thereto, including, without limitation, (i) any requirement that any sale, assignment or other transfer or enforcement for such item of Collateral be consented to or approved by any Person, including, without limitation, the issuer thereof or any other obligor thereon, (ii) any limitation on the type or status, financial or otherwise, of any purchaser, pledgee, assignee or transferee of such item of Collateral, (iii) any requirement for the delivery of any certificate, consent, agreement, opinion of counsel, notice or any other document of any Person to the issuer of, any other obligor on or any registrar or transfer agent for, such item of Collateral, prior to the sale, pledge, assignment or other transfer or enforcement of such item of Collateral and (iv) any registration or qualification requirement or prospectus delivery
Examples of TGP Shares in a sentence
As of the Closing Date, Borrower owns directly 11,250,000 TGP Shares and 11,250,000 TOO Shares, and has no other material assets.
As of the Closing Date, Borrower owns directly 35,958,274 TGP Shares and 5,036,306 TNK Shares, and has no other material assets.