TARGET RETENTION definition
TARGET RETENTION has the meaning set forth in Section 3.3.6(b) hereof.
TARGET RETENTION means, for each Financing Commitment approved by the Lender pursuant to Section 2.02, the target commitment to be retained by the Lender after the completion of the syndication for such Financing Commitment (which, in the case of a Loan facility, will generally be $5,000,000 to $10,000,000; provided that such amount may be increased by CIBC in its sole discretion, on an individual transaction basis or in general, as the case may be).