TALF definition
Examples of TALF in a sentence
The Lending Agreement and the TALF Standing Loan Facility Procedures represent the sole agreements and understandings with Lender governing or relating to loans to be made pursuant to TALF.
Upon any such release, Custodian shall transfer the released Collateral from the Master TALF Collateral Account pursuant to the instructions of the Applicable Primary Dealer; provided, that upon such transfer, none of Custodian, Administrator or Lender shall have any further liability or obligation to the applicable Borrower with respect to such Collateral.
Each Initial Loan Request shall be in the form specified by Lender from time to time and shall set forth the information required to be set forth therein in accordance with the TALF Standing Loan Facility Procedures, on an aggregate basis for all Applicable Borrowers.
Each TALF Agent and each Borrower shall maintain continuously as official records a copy of the Lending Agreement.
Delivery to Lender of a Letter of Agreement by a TALF Agent shall evidence such TALF Agent’s agreement to be bound by the terms hereof.
Each TALF Agent consents to the foregoing and agrees to promptly (and in any event within one Business Day of receipt thereof) provide to Lender any such notices or communications that it receives from its Applicable Borrowers.
Each TALF Agent acknowledges its obligation to comply with any tax withholding and reporting obligations that may be applicable to its activities hereunder (including in respect of payments to be made by it to its Applicable Borrowers) pursuant to applicable law.
Agents are not guaranteeing performance of or assuming any liability for the obligations of any TALF Agent, any Borrower or Lender hereunder.
Any such notices or communications intended for Lender shall be made exclusively through such Borrower’s Applicable TALF Agent.
Copies of the documentation effecting the sale or transfer of Collateral described in the preceding Section 19.2 shall be delivered by each of the Applicable TALF Agents to Custodian and Administrator.