Common use of Depositor’s Authorized and Responsible Persons Clause in Contracts

Depositor’s Authorized and Responsible Persons. On or before the date of this Agreement, the Depositor shall notify the Master Collateral Agent and the Owner Trustee and provide specimen signatures of (i) each Person who is authorized to give instructions and directions to the Master Collateral Agent and the Owner Trustee on behalf of the Depositor and (ii) each Person who is a Responsible Person for the Depositor. The Depositor may change such Persons at any time by notifying the Master Collateral Agent and the Owner Trustee in writing.

Appears in 5 contracts

Samples: Master Collateral Agency and Intercreditor Agreement (Verizon Master Trust), Master Collateral Agency and Intercreditor Agreement (Verizon Master Trust), Transfer and Servicing Agreement (Verizon Master Trust)

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