CIT’s System definition

CIT’s System means CIT’s ACAR or other interest-based loan accounting and reporting system.
CIT’s System means systems operated and maintained by LCPL for, clearing of cheques including without any limitation, receiving, processing, clearing and archival of cheque images and data which could be access by participants through Regional Centres and/or through direct connectivity mode.
CIT’s System means CIT’s StuckyNet or other internet-based loan accounting and reporting system.

Examples of CIT’s System in a sentence

  • Defendants have refused to implement testing, contact tracing, quarantine, distancing, and isolation protocols, even when faced with cases of COVID-19 within Adirondack.

  • After the end of each month, the Agent agrees to prepare and make available to the Companies (by mail, facsimile, e-mail or posting to CIT’s System, as mutually agreed to by the Funds Administrator and the Agent) and the Lenders, a statement showing the accounting for the charges, loans, advances and other transactions occurring among the Agent, the Lenders, the Funds Administrator and each Company during that month.

  • The Companies hereby authorize the Agent and the Lenders to make Revolving Loans to the Funds Administrator based upon a telephonic or e-mail request (or, if permitted by the Agent, based upon a request posted on CIT’s System) made by any officer or other employee of the Funds Administrator that the Funds Administrator has authorized in writing to request Revolving Loans hereunder, as reflected by the Agent’s records.

  • The Agent shall provide to the Funds Administrator access to CIT’s System during normal business hours, for the purposes of (i) obtaining information regarding loan balances and Net Availability, and (ii) if permitted by the Agent, making requests for Revolving Loans and submitting Borrowing Base Certificates.

  • The Company hereby authorizes CIT to make Revolving Loans to the Company based upon a telephonic or e-mail request (or, if permitted by CIT, based upon a request posted on CIT’s System) made by any officer or other employee of the Company that the Company has authorized in writing to request Revolving Loans hereunder, as reflected by CIT’s records.


More Definitions of CIT’s System

CIT’s System means the Agent’s internet-based loan accounting and reporting system. Closing Date shall mean the date on which this Financing Agreement is executed by the Companies, the Agent and the Lenders that initially are parties hereto, and delivered to the Agent. Collateral shall mean, collectively, all present and future Accounts, Equipment, Inventory and other Goods, Documents of Title, General Intangibles, Investment Property, Real Estate and Other Collateral. Commitment shall mean, as to each Lender, the amount of the Commitment for such Lender set forth on the signature page to this Financing Agreement or in the Assignment and Transfer Agreement to which such Lender is a party, as such amount may be reduced or increased in accordance with the provisions of Section 13.4(b) or any other applicable provision of this Financing Agreement.
CIT’s System means the Agent's StuckeyNet or other internet-based loan accounting and reporting system. CLOSING DATE shall mean the date on which this Financing Agreement is executed by each Company that initially is a party hereto, the Agent and the Lenders that initially are parties hereto, and delivered to the Agent. COLLATERAL shall mean, collectively, all present and future assets and properties of the Companies, including, without limitation, all present and future Accounts, Equipment, Inventory and other Goods, Documents of Title, General Intangibles, Investment Property, and Other Collateral, but shall not include any Excluded Collateral. COLLECTION DAYS shall mean a period of one (1) Business Day after the deposit of proceeds of Collateral or other monies into the Agent's Bank Account, for which interest may be charged on the aggregate amount of such deposits at the rate provided for in Section 8.1 or 8.2 (if applicable) of this Financing Agreement. COMMITMENT shall mean, as to each Lender, the amount of the commitment for such Lender set forth on the signature page to this Financing Agreement or in the Assignment and Transfer Agreement to which such Lender is a party, as such amount may be reduced or increased in accordance with the provisions of Section 13.4(b) or any other applicable provision of this Financing Agreement. COMMITMENT LETTER shall mean the Commitment Letter dated February 14, 2005 issued by CIT to, and accepted by, the Parent, for itself and on behalf of the other Companies.
CIT’s System means systems operated and maintained by LankaClear for CITS including without any limitation, receiving, processing, clearing and archival of CITS Items, and receipt, and for access by CITS participants through Regional Centres and/or through direct connectivity with CITS.
CIT’s System means the Agent's internet-based loan accounting and reporting system. CLOSING DATE shall mean the date on which this Financing Agreement is executed by the Companies, the Agent and the Lenders that initially are parties hereto, and delivered to the Agent. COLLATERAL shall mean, collectively, all present and future Accounts, Equipment, Inventory and other Goods, Documents of Title, General Intangibles, Investment Property, Real Estate and Other Collateral.
CIT’s System means the Agent’s StuckeyNet or other internet-based loan accounting and reporting system. Closing Date shall mean the date on which this Financing Agreement is executed by the Companies, the Agent and the Lenders that initially are parties hereto, and delivered to the Agent. Collateral shall mean, collectively, all present and future Accounts, Equipment, Inventory and other Goods, Documents of Title, General Intangibles, Investment Property, Real Estate and Other Collateral. Collection Days shall mean a period of one (1) Business Day after the deposit of proceeds of Collateral or other monies into the Agent’s Bank Account, for which interest may be charged on the aggregate amount of such deposits at the rate provided for in Section 8.1 or 8.2 (if applicable) of this Financing Agreement. Commitment shall mean, as to each Lender, the amount of the commitment for such Lender set forth on the signature page to this Financing Agreement or in the Assignment and Transfer Agreement to which such Lender is a party, as such amount may be reduced or increased in accordance with the provisions of Section 13.4(b) or any other applicable provision of this Financing Agreement. Commitment Letter shall mean the Commitment Letter dated March 27, 2006 issued by the Agent to, and accepted by, Parent. Confidential Information shall have the meaning provided for in Section 13.7 of this Agreement. Copyrights shall mean all present and hereafter acquired copyrights, copyright registrations, recordings, applications, designs, styles, licenses, marks, prints and labels bearing any of the foregoing, all reissues and renewals thereof, all licenses thereof, all other general intangible, intellectual property and other rights pertaining to any of the foregoing, together with the goodwill associated therewith, and all income, royalties and other Proceeds of any of the foregoing. Default shall mean any event specified in Section 10.1 hereof, regardless of whether any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act, has occurred or been satisfied.
CIT’s System means systems operated and maintained by LCPL for, clearing of cheques including without any limitation, receiving, processing, clearing and archival
CIT’s System means the Agent’s StuckeyNet or other internet-based loan accounting and reporting system. Closing Date shall mean the date on which this Financing Agreement is executed by each Credit Party, the Agent and the Lenders that initially are parties hereto, and delivered to the Agent, and the Back-Stop Letter of Credit is issued or the initial Revolving Loans are funded. Collateral shall mean, collectively, all present and future assets and properties of the Credit Parties, including, without limitation, all present and future Accounts, Equipment, Inventory and other Goods, Documents of Title, General Intangibles, Investment Property, Real Estate and Other Collateral, subject to the last sentence of Section 6.1(a) of this Financing Agreement. Collection Days shall mean a period of one (1) Business Day after the deposit of proceeds of Collateral or other monies into the Agent’s Bank Account, for which interest may be charged on the aggregate amount of such deposits at the rate provided for in Section 8.1 or 8.2 (if applicable) of this Financing Agreement. Commitment shall mean, as to each Lender, the amount of the commitment for such Lender set forth on the signature page to this Financing Agreement or in the Assignment and Transfer Agreement to which such Lender is a party, as such amount may be reduced or increased in accordance with the provisions of Section 13.4(b) or any other applicable provision of this Financing Agreement.