Definition of Teekay Charterer

Teekay Charterer means the Shareholder in its capacity as the original bareboat charterer in respect of the Ships;
Sample 1

Examples of Teekay Charterer in a sentence

The parties to this Agreement acknowledge that Teekay LNG Partners L.P. ("Teekay LNG") may acquire the whole shareholding interest of the Teekay Guarantor in the Teekay Charterer or the Borrowers during the period falling between the Effective Date (as such term is defined in the Supplemental Agreement) and the first Delivery Date.