CIT Funding definition

CIT Funding means CIT Group Funding Company of Delaware LLC.
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.

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 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.

  • 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 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 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.

  • 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 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.

  • 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.

  • 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

  • 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.

  • Project Funding means the funding for the Services;

  • 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;