CIT Equipment definition

CIT Equipment means The CIT Group/Equipment Financing, Inc.
CIT Equipment or "CIT Units" or "Channel Ice Technology Units" means Channel Ice equipment manufactured by Buyer which is covered by some or all of the claims of the Patents or Patent Application.
CIT Equipment means all equipment or property acquired by Sellers pursuant to the CIT Note, other than any equipment or property that is currently located at any store that is not an Acquired Store. "CIT Note" means, any and all instruments, agreements, covenants and undertakings whereby Deutsche Financial Services Corporation or any or its affiliates, predecessors, successors or assigns financed the acquisition of equipment or other personal property currently located at one or more of the Acquired Stores including, but not limited to, the following agreements: Agreement by and between Jillian's of Youngstown, Ohio, Inc. and Deutsche Financial Services Corporation, dated March 29, 1999, Agreement by and between Jillian's of Covington, KY, Inc. and Deutsche Financial Services Corporation, dated January 27, 1999, Agreement by and between Jillian's of Indianapolis, IN, Inc. and Deutsche Financial Services Corporation, dated June 9, 1999, Agreement by and between Jillian's of Hollywood, CA, Inc. and Deutsche Financial Services Corporation, dated January 18, 2000.

Examples of CIT Equipment in a sentence

  • The Trust shall be known as "CIT Equipment Collateral 2003-EF1", in which name the Owner Trustee may conduct the activities of the Trust, make and execute contracts and other instruments on behalf of the Trust and ▇▇▇ and be sued on behalf of the Trust.

  • The Trust shall be known as "CIT Equipment Collateral 2004-EF1", in which name the Owner Trustee may conduct the activities of the Trust, make and execute contracts and other instruments on behalf of the Trust and ▇▇▇ and be sued on behalf of the Trust.

  • The Trust shall be known as "CIT Equipment Collateral 2004-VT1", in which name the Owner Trustee may conduct the activities of the Trust, make and execute contracts and other instruments on behalf of the Trust and ▇▇▇ and be sued on behalf of the Trust.

  • The Trust shall be known as "CIT Equipment Collateral 2005-EF1", in which name the Owner Trustee may conduct the activities of the Trust, make and execute contracts and other instruments on behalf of the Trust and ▇▇▇ and be sued on behalf of the Trust.

  • The Trust shall be known as "CIT Equipment Collateral 2003-VT1", in which name the Owner Trustee may conduct the activities of the Trust, make and execute contracts and other instruments on behalf of the Trust and ▇▇▇ and be sued on behalf of the Trust.

  • Survivability..............................................................................13 EXHIBIT A LIMITED POWER OF ATTORNEY This Administration Agreement, dated as of August 1, 2003 (this "Agreement"), is among CIT Equipment Collateral 2003-EF1 (the "Issuer"), The CIT Group/Equipment Financing, Inc.

  • In addition, upon such Court approval, all of the Debtors’ right, title and interest in any cash which comprises the CIT Capital Collateral or the CIT Equipment Collateral held by CIT shall be conveyed to CIT, which CIT shall be authorized to exercise its rights of set off with respect to any such escrows or other obligations due from CIT to the Debtors.

  • CIT Equipment Collateral 2008-VT1, a statutory trust organized and existing under the laws of the State of Delaware (herein referred to as the “Issuer”), for value received, hereby promises to pay to Cede & Co., or its registered assigns, the principal sum of [______] Dollars ($[________]) payable on the earlier of October 20, 2010 (the “Class A-2 Maturity Date”) and the Redemption Date, if any, pursuant to the Indenture referred to hereinbelow.

  • Survivability.....................................................12 EXHIBIT A LIMITED POWER OF ATTORNEY This Administration Agreement, dated as of May 1, 2003 (this "Agreement"), is among CIT Equipment Collateral 2003-VT1 (the "Issuer"), CIT Financial USA, Inc.

  • The Trust shall be known as "CIT Equipment Collateral 2005-VT1", in which name the Owner Trustee may conduct the activities of the Trust, make and execute contracts and other instruments on behalf of the Trust and ▇▇▇ and be sued on behalf of the Trust.


More Definitions of CIT Equipment

CIT Equipment means all equipment or property acquired by Sellers pursuant to the CIT Note, other than any equipment or property that is currently located at any store that is not an Acquired Store.
CIT Equipment means those items of equipment purchased by U.S. Plastic Lumber Ltd. or The Eaglebrook Group, Inc. with proceeds of loans advanced by CIT to such parties and which are listed on the CIT Collateral Schedules.