The midfielder spent the first half of this season at Hamilton Academical – playing 25 times (all comps) and contributing one goal and three assists.
Tait will now join up with League One league leaders, Falkirk, on loan for the remainder of the season as John McGlynn’s side aims to gain promotion back to the cinch Championship.
The 22-year-old initially joined Hibernian FC in August 2021 but has spent the majority of his time out on loan – with spells at Raith Rovers, Kilmarnock, Arbroath and Hamilton.
Everyone at Hibernian FC wishes Dylan the best of luck during his time with Falkirk.