ITT ESI definition

ITT ESI means ITT Educational Services, Inc., a Delaware corporation.
View Source
ITT ESI means the Company and any Subsidiary.
View Source

Examples of ITT ESI in a sentence

  • The Origination Vendor and the terms of the Origination Agreement shall be subject to the approval of ITT ESI.

  • The CUSO shall regularly consult with ITT ESI regarding the selection, supervision, financial condition and performance of the Servicer.

  • The CUSO shall regularly consult with ITT ESI regarding the selection, supervision, financial condition and performance of the Origination Vendor.

  • Each Servicer and the terms of its respective Servicing Agreement shall be subject to the approval of ITT ESI.

  • During the Term of this Agreement, and thereafter, while any ITT ESI Risk Loans remain outstanding, measured at the end of each fiscal quarter based on ITT ESI’s quarterly and annual reports filed with the SEC, ITT ESI will maintain an average persistence percentage over the eight fiscal quarters ending on the measurement date of not less than 70%, calculated on a straight average basis.

  • Such membership fee will be non-refundable if a Loan is subsequently cancelled or refunded, but will be refunded if erroneously paid by ITT ESI.

  • During the Term of this Agreement, the CUSO shall, as soon as the same are available (and in any event within ninety (90) days after the end of each fiscal year), provide ITT ESI with a copy of its audited financial statements for such fiscal year, and as soon as the same are available (and in any event within forty-five (45) days after the end of each fiscal quarter) provide ITT ESI with a copy of its unaudited financial statements for such fiscal quarter.

  • The failure of ITT ESI to pay any of the Obligations after the same is due and payable (whether by acceleration, declaration, extension or otherwise) within thirty (30) days after written notice to ITT ESI specifying such failure (including each amount unpaid and the Loan Pool to which it relates).

  • Except as otherwise provided in this Agreement, the Servicing Agreement or the Risk Sharing Agreement, all decisions with respect to the administration, collection, enforcement, servicing and charge off of any Loan shall be made by the CUSO in accordance with the Collection and Charge Off Standards and in consultation with and under the direction of ITT ESI.

  • Prior to the Effective Date, ITT ESI will provide a schedule to the CUSO of the open account credit extended prior to that date, along with the credit criteria utilized by ITT ESI in connection therewith.

Related to ITT ESI

  • Distribution Reinvestment Plan means the distribution reinvestment plan of the Company approved by the Board and as set forth in the Prospectus.

  • ITT has the meaning given to it in the recitals to this Framework Agreement;

  • SpinCo shall have the meaning set forth in the Preamble.

  • Seller 401(k) Plan has the meaning set forth in Section 6(e) below.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.