Definition of Teekay Guarantor Group


Teekay Guarantor Group means the Teekay Guarantor and all its Subsidiaries;
Sample 1

Examples of Teekay Guarantor Group in a sentence

The Borrowers undertake to procure that the Retention Account shall be operated by the relevant member of the Teekay Guarantor Group in accordance with the provisions of clause 8.6.24 and the Retention Account Pledge.
Such Insurances shall be effected through the Approved Broker with or directly by the Lessee or another member of the Teekay Guarantor Group, with a first class underwriter or group of underwriters, insurance companies and associations approved, such approval not to be unreasonably withheld or delayed, by the Facility Agent and underwritten a full one hundred per cent.