Authentication and Delivery. The Indenture Trustee will, on Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as stated below. Class A-1a Notes 1.85% $1,325,700,000 Class A-1b Notes One-Month LIBOR* + 0.27% $100,000,000 Class B Notes 1.98% $98,300,000 Class C Notes 2.06% $76,000,000 _______________ * Upon the occurrence of a Benchmark Transition Event, One-Month LIBOR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of the Indenture.
Appears in 3 contracts
Samples: Omnibus Amendment (Verizon Owner Trust 2020-A), Indenture (Verizon Owner Trust 2020-A), Indenture (Verizon Owner Trust 2020-A)
Authentication and Delivery. The Indenture Trustee will, on Issuer Trust Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as stated below. Class A-1a Notes 1.855.61% $1,325,700,000 265,070,000 Class A-1b Notes One-Month LIBORCompounded SOFR* + 0.270.68% $100,000,000 113,600,000 Class B Notes 1.985.85% $98,300,000 28,950,000 Class C Notes 2.066.09% $76,000,000 17,380,000 __________________ * Upon the occurrence of a Benchmark Transition Event, One-Month LIBOR Compounded SOFR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of the this Indenture.
Appears in 2 contracts
Samples: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)
Authentication and Delivery. The Indenture Trustee will, on Issuer Trust Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as stated below. Class A-1a Notes 1.855.00% $1,325,700,000 835,260,000 Class A-1b Notes One-Month LIBORCompounded SOFR* + 0.270.65% $100,000,000 278,500,000 Class B Notes 1.985.24% $98,300,000 85,150,000 Class C Notes 2.065.49% $76,000,000 51,090,000 __________________ * Upon the occurrence of a Benchmark Transition Event, One-Month LIBOR Compounded SOFR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of the this Indenture.
Appears in 2 contracts
Samples: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)
Authentication and Delivery. The Indenture Trustee will, on Issuer Trust Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as stated below. Class A-1a Notes 1.855.67% $1,325,700,000 434,610,000 Class A-1b Notes One-Month LIBORCompounded SOFR* + 0.270.95% $100,000,000 Class B Notes 1.985.96% $98,300,000 40,870,000 Class C Notes 2.066.21% $76,000,000 24,520,000 __________________ * Upon the occurrence of a Benchmark Transition Event, One-Month LIBOR Compounded SOFR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of the this Indenture.
Appears in 2 contracts
Samples: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)
Authentication and Delivery. The Indenture Trustee will, on Issuer Trust Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as stated below. Class A-1a Notes 1.855.23% $1,325,700,000 623,707,000 Class A-1b Notes One-Month LIBORCompounded SOFR* + 0.270.85% $100,000,000 267,303,000 Class B Notes 1.985.48% $98,300,000 68,120,000 Class C Notes 2.065.72% $76,000,000 40,870,000 __________________ * Upon the occurrence of a Benchmark Transition Event, One-Month LIBOR Compounded SOFR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of the this Indenture.
Appears in 2 contracts
Samples: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)
Authentication and Delivery. The Indenture Trustee will, on Issuer Trust Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as stated below. Class A-1a Notes 1.855.16% $1,325,700,000 537,800,000 Class A-1b Notes One-Month LIBORCompounded SOFR* + 0.270.85% $100,000,000 175,000,000 Class B Notes 1.985.40% $98,300,000 54,500,000 Class C Notes 2.065.65% $76,000,000 32,700,000 __________________ * Upon the occurrence of a Benchmark Transition Event, One-Month LIBOR Compounded SOFR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of the this Indenture.
Appears in 2 contracts
Samples: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)
Authentication and Delivery. The Indenture Trustee will, on Issuer Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as stated below. Class A-1a Notes 1.851.94% $1,325,700,000 1,275,700,000 Class A-1b Notes One-Month LIBOR* + 0.270.42% $100,000,000 150,000,000 Class B Notes 1.982.06% $98,300,000 Class C Notes 2.062.16% $76,000,000 _______________ * Upon the occurrence of a Benchmark Transition Replacement Event, One-Month LIBOR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of the Indenture.
Appears in 2 contracts
Samples: Indenture (Verizon Owner Trust 2019-C), Indenture (Verizon Owner Trust 2019-C)
Authentication and Delivery. The Indenture Trustee will, on Issuer Trust Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as stated below. Class A-1a Notes 1.855.21% $1,325,700,000 288,686,000 Class A-1b Notes One-Month LIBORCompounded SOFR* + 0.270.55% $100,000,000 245,918,000 Class B Notes 1.985.40% $98,300,000 40,872,000 Class C Notes 2.065.60% $76,000,000 24,524,000 __________________ * Upon the occurrence of a Benchmark Transition Event, One-Month LIBOR Compounded SOFR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of the this Indenture.
Appears in 2 contracts
Samples: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)
Authentication and Delivery. The Indenture Trustee will, on Issuer Trust Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as stated below. Class A-1a Notes 1.855.34% $1,325,700,000 604,635,000 Class A-1b Notes One-Month LIBORCompounded SOFR* + 0.270.58% $100,000,000 175,000,000 Class B Notes 1.985.54% $98,300,000 59,605,000 Class C Notes 2.065.73% $76,000,000 35,760,000 __________________ * Upon the occurrence of a Benchmark Transition Event, One-Month LIBOR Compounded SOFR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of the this Indenture.
Appears in 2 contracts
Samples: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)
Authentication and Delivery. The Indenture Trustee will, on Issuer Trust Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as stated below. Class A-1a Notes 1.853.72% $1,325,700,000 351,005,000 Class A-1b Notes One-Month LIBORCompounded SOFR* + 0.270.62% $100,000,000 57,355,000 Class B Notes 1.983.96% $98,300,000 35,310,000 Class C Notes 2.064.21% $76,000,000 16,410,000 __________________ * Upon the occurrence of a Benchmark Transition Event, One-Month LIBOR Compounded SOFR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of the this Indenture.
Appears in 1 contract
Samples: Indenture (Verizon Master Trust)
Authentication and Delivery. The Indenture Trustee will, on Issuer Trust Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as stated below. Class A-1a Notes 1.854.17% $1,325,700,000 1,069,212,000 Class A-1b Notes One-Month LIBORCompounded SOFR* + 0.270.67% $100,000,000 267,300,000 Class B Notes 1.984.42% $98,300,000 102,180,000 Class C Notes 2.064.67% $76,000,000 61,308,000 __________________ * Upon the occurrence of a Benchmark Transition Event, One-Month LIBOR Compounded SOFR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of the this Indenture.
Appears in 1 contract
Samples: Indenture (Verizon Master Trust)
Authentication and Delivery. The Indenture Trustee will, on Issuer Trust Order, authenticate and deliver the Notes for original issue in the Classes, Note Interest Rates and initial Note Balances as stated below. Class A-1a Notes 1.854.62% $1,325,700,000 816,010,000 Class A-1b Notes One-Month LIBORCompounded SOFR* + 0.270.42% $100,000,000 75,000,000 Class B Notes 1.984.82% $98,300,000 68,120,000 Class C Notes 2.064.99% $76,000,000 40,870,000 __________________ * Upon the occurrence of a Benchmark Transition Event, One-Month LIBOR Compounded SOFR will be replaced by the appropriate Benchmark Replacement as set forth in Section 2.16 of the this Indenture.
Appears in 1 contract
Samples: Indenture (Verizon Master Trust)