CIT Funding definition

CIT Funding means CIT Group Funding Company of Delaware LLC, a Delaware limited liability company.
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CIT Funding means CIT Group Funding Company of Delaware LLC.
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CIT Funding means CIT Group Funding Company of Delaware LLC. “CITLC Assigned Note” means that certain Promissory Note No. 3 (MSN 30267), dated as of March 27, 2008, in the original principal amount of $12,223,183.20, by Snapdragon Ltd. in favor of C.I.T. Leasing Corporation, and any promissory note issued from time to time in replacement thereof to the extent such replacement note is payable to the order of C.I.T. Leasing Corporation, together with certain payments received by or payable to C.I.T. Leasing Corporation thereunder.
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Examples of CIT Funding in a sentence

  • All terms used in this Note that are defined in the Pooling and Servicing Agreement dated as of February 1, 2006 by and among CIT Funding Company, LLC, CIT Financial USA, Inc., and the Issuer (the “Pooling and Servicing Agreement”) shall have the meanings assigned to them therein.

  • All terms used in this Note that are defined in the Pooling and Servicing Agreement dated as of February 1, 2005 by and among CIT Financial USA, Inc., CIT Funding Company, LLC and the Issuer (the "Pooling and Servicing Agreement") shall have the meanings assigned to them therein.

  • All terms used in this Note that are defined in the Pooling and Servicing Agreement dated as of April 1, 2008 by and among CIT Funding Company, LLC, CIT Financial USA, Inc., and the Issuer (the “Pooling and Servicing Agreement”) shall have the meanings assigned to them therein.

  • All terms used in this Note that are defined in the Pooling and Servicing Agreement dated as of October 1, 2006 by and among CIT Funding Company, LLC, CIT Financial USA, Inc., and the Issuer (the “Pooling and Servicing Agreement”) shall have the meanings assigned to them therein.

  • Designation of Restricted and Unrestricted Subsidiaries The Board of Directors of CIT may designate any Restricted Subsidiary other than CIT Funding to be an Unrestricted Subsidiary if that designation would not cause a Default.

  • See “— Repurchase at the Option of Holders — Asset Sales.” Notwithstanding anything to the contrary herein, CIT Funding will not, and CIT will not permit CIT Funding to, consolidate or merge with or into any other Person.

  • Anything to the contrary notwithstanding, at no time shall CIT Funding engage in any business activities other than owning intercompany receivables from CIT Financial Ltd.

  • As a result of the obligation to deliver amounts received in trust to holders of Senior Debt, holders of notes may recover less ratably than trade creditors of CIT or CIT Funding.

  • As a result of the subordination provisions described above, in the event of a bankruptcy, liquidation or reorganization of CIT or CIT Funding, holders of notes may recover less ratably than creditors of CIT or CIT Funding who are holders of Senior Debt.

  • Notwithstanding anything to the contrary, CIT Funding shall not be permitted to incur any Indebtedness other than Series B notes and the Guarantee under the Credit Agreement.

Related to CIT Funding

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • student loan means a loan towards a student's maintenance pursuant to any regulations made under section 22 of the Teaching and Higher Education Act 1998, section 73 of the Education (Scotland) Act 1980 or Article 3 of the Education (Student Support) (Northern Ireland) Order 1998 and includes, in Scotland, a young student's bursary paid under regulation 4(1)(c) of the Students’ Allowances (Scotland) Regulations 2007.

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.02.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • Master Funding Agreement means the Master Funding Agreement entered into by the Company and the Secretary of State on 31st October 2013;

  • Project Funding means the funding for the Services;

  • Additional Funding has the meaning prescribed to that term in clause 4.3 of this Agreement.

  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Supplemental Interest Trust The corpus of a trust created pursuant to Section 5.07 of this Agreement and designated as the “Supplemental Interest Trust,” consisting of the Swap Agreement, the Swap Account, the Interest Rate Cap Agreement, the Interest Rate Cap Account, the right to receive the Class X Distributable Amount as provided in Section 5.02(f)(vi), the Class LT4-I interest in REMIC 4 and the right to receive Class I Shortfalls.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • Asset Monitor means BDO Italia S.p.A., acting in its capacity as asset monitor, or any other entity that may be appointed as such pursuant to the Asset Monitor Agreement.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Funding means the amounts of money provided by the LHIN to the HSP in each Funding Year of this Agreement;

  • Mortgage Sale Agreement means the mortgage sale agreement dated 3 June 2005 as amended and restated on 4 October 2007, 20 May 2008, 23 June 2014, 24 April 2018 and as further amended and restated on 18 _ April 2019 made between Santander UK plc (1) Abbey Covered Bonds LLP (the "LLP") (2) and Deutsche Trustee Company Limited (the "Security Trustee") (3) (as the same may be or have been amended, varied or supplemented from time to time with the consent of those parties).

  • Pre-Funding Period The period from the Closing Date until the earlier of (i) the date on which the amount on deposit in the Pre-Funding Account is reduced to less than $50,000 or (ii) June 29, 2007.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • National City National City Mortgage Co., or any successor thereto.

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2022 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).