TALICC Commitment definition
TALICC Commitment means for any Lender, such Lender’s commitment to make TALICC Loans and to participate in
TALICC Commitment means for any Lender, such Lender’s commitment to make TALICC Loans and to participate in Letters of Credit issued to TALICC under this Agreement. The amount of the TALICC Commitment of each Lender as of the Restatement Effective Date is set forth on Schedule I, and such amount may be adjusted by reallocations of the TALICC Commitments pursuant to Section 2.8, reductions of the TALICC Commitments pursuant to Section 6.3, increases of the TALICC Commitments pursuant to Section 6.7 or assignments pursuant to Section 15.8.
Examples of TALICC Commitment in a sentence
TALICC may from time to time, upon at least 5 Business Days’ prior written notice received by the Administrative Agent (which shall promptly advise each Lender thereof), permanently reduce the TALICC Commitment Amount to an amount that is not less than the TALICC Usage.