CIT Account definition
Examples of CIT Account in a sentence
The Seller shall only terminate a Collection Account Bank or close a Collection Account (or a related Lock-Box) or CIT Account, in each case, with the prior written consent of the Administrative Agent.
The Servicer shall only terminate a Collection Account Bank or close a Collection Account (or a related Lock-Box) or CIT Account, in each case, with the prior written consent of the Administrative Agent.
The Seller (or the Servicer on its behalf) shall, and shall cause each Originator and CIT to remit all Collections received in any CIT Account directly to a Collection Account no later than one (1) Business Day following receipt thereof.
The Servicer shall, and shall cause each Originator and CIT to, remit all Collections received in a CIT Account directly to a Collection Account no later than one (1) Business Day following receipt thereof.
The Originators shall only terminate (or permit the Servicer to terminate) a Collection Account Bank or close a Collection Account (or a related Lock-Box) or CIT Account, in each case, with the prior written consent of the Administrative Agent.
Without the prior written consent of the Administrative Agent, the Seller shall not terminate or change any standing instruction given to CIT, ▇▇▇▇▇ or HSBC with respect to the daily remittance of Collections from any CIT Account, ▇▇▇▇▇ Exception Account or HSBC Exception Account to a Collection Account.
Without the prior written consent of the Administrative Agent, the Originators shall not terminate or change any standing instruction given to CIT, W▇▇▇▇ or HSBC with respect to the daily remittance of Collections from any CIT Account, W▇▇▇▇ Exception Account or HSBC Exception Account to a Collection Account.
Each Originator (or the Servicer on its behalf) and CIT shall remit all Collections received in any CIT Account directly to a Collection Account no later than one (1) Business Day following receipt thereof.
Without the prior written consent of the Administrative Agent, the Servicer shall not terminate or change any standing instruction given to CIT, W▇▇▇▇ or HSBC with respect to the daily remittance of Collections from any CIT Account, W▇▇▇▇ Exception Account or HSBC Exception Account to a Collection Account.
Without the prior written consent of the Administrative Agent, the Seller shall not terminate or change any standing instruction given to CIT, W▇▇▇▇ or HSBC with respect to the daily remittance of Collections from any CIT Account, W▇▇▇▇ Exception Account or HSBC Exception Account to a Collection Account.