Common use of Description of Accounts Clause in Contracts

Description of Accounts. Pursuant to this Agreement and the Indenture, the Grantor, the Servicer and the Financial Institution have established the following accounts, subject to the lien of the Secured Party (each, a “Collateral Account”), each of which Collateral Accounts shall be a Trust Financing Account: (i) “Series 2024-3 Distribution Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-3” with account number 226075000. (ii) “Series 2024-3 Reserve Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-3” with account number 226075001. (iii) “Series 2024-3 Principal Funding Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-3” with account number 226075002.

Appears in 2 contracts

Samples: Account Control Agreement (Verizon Master Trust), Account Control Agreement (Verizon Master Trust)

AutoNDA by SimpleDocs

Description of Accounts. Pursuant to this Agreement and the Indenture, the Grantor, the Servicer and the Financial Institution have established the following accounts, subject to the lien of the Secured Party (each, a “Collateral Account”), each of which Collateral Accounts shall be a Trust Financing Account: (i) “Series 2024-3 4 Distribution Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-34” with account number 226075000243549000. (ii) “Series 2024-3 4 Reserve Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-34” with account number 226075001243549001. (iii) “Series 2024-3 4 Principal Funding Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-34” with account number 226075002243549002.

Appears in 2 contracts

Samples: Account Control Agreement (Verizon Master Trust), Account Control Agreement (Verizon Master Trust)

Description of Accounts. Pursuant to this Agreement and the Indenture, the Grantor, the Servicer and the Financial Institution have established the following accounts, subject to the lien of the Secured Party (each, a “Collateral Account”), each of which Collateral Accounts shall be a Trust Financing Account: (i) “Series 2024-3 2 Distribution Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-32” with account number 226075000219469000. (ii) “Series 2024-3 2 Reserve Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-32” with account number 226075001219469001. (iii) “Series 2024-3 2 Principal Funding Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-32” with account number 226075002219469002.

Appears in 1 contract

Samples: Account Control Agreement (Verizon Master Trust)

Description of Accounts. Pursuant to this Agreement and the Indenture, the Grantor, the Servicer and the Financial Institution have established the following accounts, subject to the lien of the Secured Party (each, a “Collateral Account”), each of which Collateral Accounts shall be a Trust Financing Account: (i) “Series 2024-3 6 Distribution Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-36” with account number 226075000260913000. (ii) “Series 2024-3 6 Reserve Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-36” with account number 226075001260913001. (iii) “Series 2024-3 6 Principal Funding Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-36” with account number 226075002260913002.

Appears in 1 contract

Samples: Account Control Agreement (Verizon Master Trust)

AutoNDA by SimpleDocs

Description of Accounts. Pursuant to this Agreement and the Indenture, the Grantor, the Servicer and the Financial Institution have established the following accounts, subject to the lien of the Secured Party (each, a “Collateral Account”), each of which Collateral Accounts shall be a Trust Financing Account: (i) “Series 2024-3 8 Distribution Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-38” with account number 226075000278569000. (ii) “Series 2024-3 8 Reserve Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-38” with account number 226075001278569001. (iii) “Series 2024-3 8 Principal Funding Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-38” with account number 226075002278569002.

Appears in 1 contract

Samples: Account Control Agreement (Verizon Master Trust)

Description of Accounts. Pursuant to this Agreement and the Indenture, the Grantor, the Servicer and the Financial Institution have established the following accounts, subject to the lien of the Secured Party (each, a “Collateral Account”), each of which Collateral Accounts shall be a Trust Financing Account: : (i) “Series 2024-3 7 Distribution Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-37” with account number 226075000. 261291000. (ii) “Series 2024-3 7 Reserve Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-37” with account number 226075001. 261291001. (iii) “Series 2024-3 7 Principal Funding Account – U.S. Bank Trust Company, National Association, as Note Paying Agent, as secured party for the benefit of the Secured Parties of Verizon Master Trust, Series 2024-37” with account number 226075002261291002.

Appears in 1 contract

Samples: Account Control Agreement (Verizon Master Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!