Common use of Legal Title and Distributions Clause in Contracts

Legal Title and Distributions. The Class R Interest Holder has no legal title to any Trust Property. The Class R Interest Holder will receive distributions only as set forth in Section 8.2 and Section 8.3(g)(iii) of this Indenture.

Appears in 40 contracts

Samples: Indenture (Verizon Master Trust), Verizon Master Trust, Verizon Master Trust

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