Definition of Teekay Guarantee

  1. Teekay Guarantee means the guarantee executed by the Teekay Guarantor in favour of the Security Trustee in respect of all of the obligations of the Borrowers to the Finance Parties under this Agreement and the Security Documents;

Examples of Teekay Guarantee in a sentence

  1. QGTC may provide an additional or supplementary guarantee in respect of the obligations of the Borrowers to replace the Teekay Guarantee; or

Definition of Teekay Guarantee in Agreement

Teekay Guarantee means the guarantee executed by the Teekay Guarantor in favour of the Security Trustee in respect of all of the obligations of the Borrowers to the Finance Parties under this Agreement and the Security Documents;