Common use of Early Termination Date Under the Cap Agreement Clause in Contracts

Early Termination Date Under the Cap Agreement. The Issuer agrees that it will not designate an “early termination date” (as defined in the Cap Agreement) under the Cap Agreement without the consent of the Administrator.

Appears in 10 contracts

Samples: Trust Agreement (Verizon Owner Trust 2020-A), Trust Agreement (Verizon Owner Trust 2020-A), Trust Agreement (Verizon Owner Trust 2019-C)

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Early Termination Date Under the Cap Agreement. The Issuer agrees that it will not designate an "early termination date" (as defined in the Cap Agreement) under the Cap Agreement without the consent of the Administrator.

Appears in 2 contracts

Samples: Trust Agreement (Verizon ABS LLC), Trust Agreement (Verizon ABS LLC)

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