19. Subsequent Events

Purchase and cancellation of Senior Secured Notes

On October 19, 2011, Thermon Industries, Inc. (a subsidiary of TGH)(the “Note Issuer”)  purchased $4,265 in aggregate principal amount of its outstanding 9.500% Senior Secured Notes due 2017 in a privately negotiated purchase transaction with certain note holders of the Note Issuer at a premium of 105.37% of the principal amount or $229.  After the purchase, the Company cancelled the applicable notes.

18. Subsequent Events

Purchase and cancellation of Senior Secured Notes

On October 19, 2011, Thermon Industries, Inc. (a subsidiary of TGH)(the “Note Issuer”)  purchased $4,265 in aggregate principal amount of its outstanding 9.500% Senior Secured Notes due 2017 in a privately negotiated purchase transaction with certain note holders of the Note Issuer at a premium of 105.37% of the principal amount or $229.  After the purchase, the Company cancelled the applicable notes.