8-K 1 a32299.txt CIT EC EF 2001-A 8-K Securities and Exchange Commission Washington, DC 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report: 18-Mar-02 CIT EC EF 2001-A A New York Commission File I.R.S. Employer Corporation No. 0001159705 c/o CIT Financial USA, Inc. 1 Tyco Drive, Livingston, N.J. 07039 Telephone Number (973) 740-5000 Item 5. Other CIT Equipment Collateral - EF - 2001-A Monthly Servicing Report

Page 3 of 9 II.DISTRIBUTION AMOUNTS A. COLLECTION ACCOUNT DISTRIBUTIONS 1. Servicing Fee 568,913.96 2. Class A-1 Note Interest Distribution 114,354.53 Class A-1 Note Principal Distribution 25,013,161.34 Aggregate Class A-1 distribution 25,127,515.87 3. Class A-2 Note Interest Distribution 854,791.67 Class A-2 Note Principal Distribution 0.00 Aggregate Class A-2 distribution 854,791.67 4. Class A-3 Note Interest Distribution 1,072,800.00 Class A-3 Note Principal Distribution 0.00 Aggregate Class A-3 distribution 1,072,800.00 5. Class A-4 Note Interest Distribution 1,006,316.67 Class A-4 Note Principal Distribution 0.00 Aggregate Class A-4 distribution 1,006,316.67 6. Class B Note Interest Distribution 173,708.39 Class B Note Principal Distribution 1,316,482.18 Aggregate Class B distribution 1,490,190.57 7. Deposit to the Reserve Account 0.00 8. Amounts Payable in connection with the Reserve Account 26,008.49 9. To the holder of the equity certificate 6,470,686.99 Collection Account Distributions = 36,617,224.22 ------------- ------------- B. RESERVE ACCOUNT DISTRIBUTIONS 1. Withdrawal from the Reserve Account 0.00 2. Interest to the Holdback Amount Designee 41,666.98 3. Release of Excess from the Reserve Account 402,843.55 ------------- Reserve Account Distributions = 444,510.53 ------------- -------------

Page 4 of 9 III. INFORMATION REGARDING DISTRIBUTIONS ON THE SECURITIES

IV. Information Regarding the Securities A Summary of Balance Information

Page 5 of 9 B Other Information

V. PRINCIPAL A. MONTHLY PRINCIPAL AMOUNT 1. Principal Balance of Notes and Equity Certificates 910,262,328.44 (End of Prior Collection Period) 2. Contract Pool Principal Balance (End of Collection Period) 883,932,684.92 -------------- Total monthly principal amount 26,329,643.52

VI. CONTRACT POOL DATA A. CONTRACT POOL CHARACTERISTICS

Page 6 of 9 B. DELINQUENCY INFORMATION

Page 7 of 9 VIII. MISCELLANEOUS INFORMATION A. SERVICER ADVANCE BALANCE 1. Opening Servicer Advance Balance 8,919,075.32 2. Current Period Servicer Advance 3,429,444.31 3. Recoveries of prior Servicer Advances (2,847,463.85) ------------- 4. Ending Servicer Advance Balance 9,501,055.78 D. OTHER RELATED INFORMATION 1. Life to Date Prepayment (CPR) 13.5% 2. Life to Date Substitutions: a. Prepayments 0.00 b. Defaults 0.00

Page 8 of 9 NCT Funding Company LLC, Allfirst Bank, as trustee under the Indenture, and CIT Financial USA, Inc., in its individual capacity and as Servicer, DO HEREBY CERTIFY that I am a Responsible Officer of the Servicer and, pursuant to Section 9.02 of the Pooling and Servicing Agreement, I DO HEREBY FURTHER CERTIFY the following report with respect to the Payment Date occurring on 03/20/02 This Certificate shall constitute the Servicer's Certificate as required by Section 9.02 of the Pooling and Servicing Agreement with respect to the above Payment Date. Any term capitalized but not defined herein shall have the meaning ascribed thereto in the Pooling and Servicing Agreement. CIT Financial USA, Inc. Glenn Votek ----------- Glenn Votek Executive Vice President, and Treasurer Page 9 of 9