TCIL definition
Examples of TCIL in a sentence
If the TCIL Borrower Commitment Amount or the TIF Borrower Commitment Amount is increased in accordance with this Section 301(l), the Administrative Agent and the Borrowers shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase.
All of the issued and outstanding membership interests of the TIF Borrower are owned by Triton International Finance LLC and all of the issued and outstanding membership interests of the TCIL Borrower are owned by TCIL.
Each partial assignment of a Loan or Commitment shall be made as an assignment of an equal proportional part of the assigning Lender's rights and obligations under this Agreement with respect to each of the TIF Borrower Loan and TCIL Borrower Loan or the TIF Borrower Commitment and the TCIL Borrower Commitment, as applicable.
The parties hereto authorize the Administrative Agent to amend Schedule II hereto as of each Increase Effective Date to reflect any modification to the TCIL Borrower Commitment Amount or the TIF Borrower Commitment Amount pursuant to this Section 301(l).
The Borrowers shall prepay or shall cause the Lenders to allocate any Loans outstanding on the Increase Effective Date (and pay any additional amounts required under the Transaction Documents) to the extent necessary to keep the outstanding Loans with any revised Pro Rata Share arising from any non-ratable increase in the TCIL Borrower Commitment Amount or the TIF Borrower Commitment Amount under this Section 301(l).