EXHIBIT 99.1
CIT Group Inc.
NOTICE DATE REPORT
(Series A Indenture)
Set forth below is the Notice Date Report for the Quarter ended December 31, 2010, under Section 7.15 (e) of the First Supplemental Indenture between CIT Group Inc., as Issuer, the Guarantors named therein, as Guarantors, and Deutsche Bank Trust Company Americas, as Trustee, Series A Parent Collateral Agent and Series A Subsidiary Collateral Agent, dated as of December 10, 2009
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1. Sweep Cash Amount* for the quarter ended December 31, 2010 | $ | 618,708,987 |
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2. Other Available Cash* as of December 31, 2010 | $ | 5,447,109,471 |
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3a. Payments made during the quarter ended December 31, 2010 on obligationsthat were Time-To-Fund (TTF) Requirements* | $ | 4,041,202,585 |
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3b. Payments made during the quarter ended December 31, 2010 on QualifiedDebt Obligations* | $ | 2,034,217,554 |
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3c. The projected amounts of TTF payments for the 12-month periodending December 31, 2011 | $ | 4,993,536,267 |
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4a. Permitted Bank Investments* made from sweep accounts duringthe quarter ended December 31, 2010 | $ | 0 |
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4b. Required Bank Investments* made from sweep accounts duringthe quarter ended December 31, 2010 | $ | 0 |
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4c. Required Bank Investments* made from Other Available Cash*during the quarter ended December 31, 2010 | $ | 16,961,441 |
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5. Business Reinvestments* made from sweep accounts during thequarter ended December 31, 2010 | $ | 0 |
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6. Payments made or required to be made to repay or repurchaseindebtedness outstanding under the 1stLien Facility, Series ANotes or Series B Notes, as applicable, during the quarter endingMarch 31, 2011 | $ | 1,252,222,135 |
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7. Cash sweep payment (i.e., “Available Sweep Amount”) requiredfor the quarter ended December 31, 2010 | $ | 0 |
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* As defined under the Series A Indenture. | | |
/s/ Mark A. Carlson
SVP & Assistant Treasurer
CIT Group Inc.
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