TG Holdings definition

TG Holdings means TG Holdings Yemen Inc., a wholly-owned subsidiary of TransGlobe;
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Examples of TG Holdings in a sentence

  • In 2018, the Ministry of Oil and Minerals of the Republic of Yemen (“MOM”) raised claims against the contractor parties, including TG Holdings.

  • The final award determined that the contractor parties, including TG Holdings, are entitled to their share of Production Sharing Oil that was lifted by MOM in the amount of $5.0 million.

  • Although it is not possible to estimate the extent of potential costs, if any, management believes that the ultimate resolution of such contingencies would not have a material adverse impact on the results of operations, financial position or liquidity of the Company.On March 31, 2015, TG Holdings Yemen, Inc.

  • The award also determined that the contractor parties, including TG Holdings, are jointly and severally liable for certain costs in the amount of $6.5 million.

  • Tannenbaum is the manager of TG Holdings and owns 100% of the capital interest in the company.

  • Approximately 90% of the issued and outstanding membership interests of Titan are held by Titan Grove Holdings LLC (TG Holdings).

  • TransGlobe is the indirect holder of TG Holdings Yemen Inc., which is 100% owned directly by TransGlobe Petroleum International Inc.

  • The award also determined that the contractor parties, including TG Holdings, are jointly and severally liable for certain costs in the amount of $6.5 million.The Company is not aware of any material provisions or other contingent liabilities as at September 30, 2021.

  • It is expected that drilling of the second exploration commitment well will commence immediately after the interpretation of the new seismic data, which is expected early in 2008.Block 84, Republic of Yemen (33% working interest)Operations and ExplorationIn December 2006, the Ministry of Oil and Minerals (“MOM”) selected the joint venture group comprised of DNO ASA (operator at 34%), TG Holdings Yemen Inc.

  • Block 75, Republic of Yemen (25% working interest)Operations and Exploration TG Holdings Yemen Inc., a wholly owned subsidiary of TransGlobe Energy Corporation, holds a 25% working interest in Block 75.

Related to TG Holdings

  • Holdings as defined in the preamble hereto.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Intermediate Holdings shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).

  • Intermediate Holdco as defined in the preamble to this Agreement.

  • Qualified Holdings means, as to any Recipient, all Shares owned beneficially or of record by: (i) such Recipient, or (ii) such Recipient's Customers, but in no event shall any such Shares be deemed owned by more than one Recipient for purposes of this Plan. In the event that more than one person or entity would otherwise qualify as Recipients as to the same Shares, the Recipient which is the dealer of record on the Fund's books as determined by the Distributor shall be deemed the Recipient as to such Shares for purposes of this Plan.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

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

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • New Holdings shall have the meaning provided in the definition of the term “Holdings”.

  • Holdco has the meaning set forth in the Preamble.

  • qualifying holding means a direct or indirect holding in an undertaking which represents 10 % or more of the capital or of the voting rights or which makes it possible to exercise a significant influence over the management of that undertaking;

  • Indirect holdings means all securities of a company that are held in an account or fund, including a mutual fund, that is managed by one or more persons who are not employed by the state treasurer or a retirement system, if the state treasurer or retirement system owns shares or interests either:

  • OpCo has the meaning set forth in the Preamble.

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • Permitted Holdings Debt has the meaning assigned to such term in Section 6.01(a)(xviii).

  • CEI / “CEIG” shall mean Chief Electrical Inspector to the State Government.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Topco has the meaning set out in the Preamble;

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

  • Oaktree means Oaktree Capital Management, LLC and its Affiliates, including any partnerships, separate accounts or other entities managed by Oaktree.

  • Foreign Holding Company means any Subsidiary all or substantially all of the assets of which are comprised of Equity Interests in one or more Foreign Subsidiaries or CFC Debt.

  • Natural parent means a minor's biological or adoptive parent, and includes the minor's noncustodial parent.

  • TPG has the meaning set forth in the preamble.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply: