Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 2022-3 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 20222024-3 4 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 20222021-3 1 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 2022-3 7 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 20222024-3 1 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 20222023-3 7 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 20222023-3 1 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 2022-3 1 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 20222023-3 4 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 20222023-3 5 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 20222024-3 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 2022-3 4 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 20222021-3 2 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 2022-3 2 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Verizon Master Trust, Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 20222023-3 2 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 2 contracts
Samples: Indenture (Verizon Master Trust), Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 20222023-3 6 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 1 contract
Samples: Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 20222023-3 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 1 contract
Samples: Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 20222024-3 2 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 1 contract
Samples: Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 2022-3 6 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 1 contract
Samples: Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 20222024-3 5 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 1 contract
Samples: Verizon Master Trust
Effect of Waiver. On any waiver, the Potential Default with respect to Group 1 or Event of Default with respect to Group 1 will be considered not to have occurred with respect to Series 2022-3 5 for all purposes of this Indenture. No waiver will extend to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1 or impair any right relating to any other Potential Default with respect to Group 1 or Event of Default with respect to Group 1.
Appears in 1 contract
Samples: Verizon Master Trust