CIT LEASES definition

CIT LEASES means collectively: (a) the Equipment Lease Schedule No. Five (CIT No. 65169) dated as accepted by the Lessor thereunder on November 20, 1997 to a Master Equipment Lease Agreement (No. 941229DIR) dated as accepted by the Lessor thereunder on April 25, 1995 by and between the PLEDGOR and Champion Credit Corporation, with respect to which the aggregate amount of rental payments as of October 1, 2002 remaining to be paid thereunder is $198,127.09, and the final rental payment is due on March 1, 2003; and (b) the Equipment Lease Schedule No. Eight (CIT No. 81488) dated as accepted by the Lessor thereunder on June 12, 1998 to a Master Equipment Lease Agreement (No. 941229DIR) dated as accepted by the Lessor thereunder on April 25, 1995 by and between the PLEDGOR and Champion Credit Corporation, with respect to which the aggregate amount of unpaid principal payments as of October 1, 2002 remaining to be paid thereunder is $288,103.51 and the final rental payment is due on December 1, 2003.
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CIT LEASES means that certain (a) Loan Agreement [28139], dated as of December 21, 2006, by and among Borrower, C.I.T. Leasing Corporation and the lenders from time to time party thereto, (b) Loan Agreement [28140], dated as of December 21, 2006, by and among Borrower, C.I.T. Leasing Corporation and the lenders from time to time party thereto, and (c) Loan Agreement [28141], dated as of December 21, 2006, by and among Borrower, C.I.T. Leasing Corporation and the lenders from time to time party thereto.
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Examples of CIT LEASES in a sentence

  • The term "OBLIGATIONS" means the obligations of the DEBTOR to pay to the SECURED PARTIES all sums due to the SECURED PARTIES arising out of or related to the LOANS or the CIT LEASES.

  • The term "SECURED PARTY DOCUMENTS" means collectively all of the loan and lease documents which evidence or secure any of the LOANS or the CIT LEASES.

Related to CIT LEASES

  • Real Property Leases means all leases, sub-leases, licenses or other agreements, in each case, pursuant to which any Group Company leases or sub-leases any real property.

  • Equipment Leases has the meaning set forth in Section 2.1.9.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Company Leases has the meaning set forth in Section 3.14(b).

  • Subject Leases means, for any Asset Review, all 20[•]-[•] Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.