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.
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.
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.