Common use of No Adverse Selection Clause in Contracts

No Adverse Selection. None of the Administrator, the Master Trust or any of their respective Affiliates has selected any Receivables to be transferred and assigned to the Depositor on the Closing Date or the applicable Acquisition Date through a process that is intended to be adverse to the Depositor or the Depositor’s assignees.

Appears in 15 contracts

Samples: Omnibus Amendment (Vzot 2018-A), Master Trust Receivables Transfer Agreement (Verizon Owner Trust 2020-C), Master Trust Receivables Transfer Agreement (Verizon Owner Trust 2020-C)

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No Adverse Selection. None of the Administrator, the Master Trust such Originator or any of their respective Affiliates has selected any Receivables to be transferred and assigned to the Depositor on the Closing Date or the applicable Acquisition Date through a process that is intended to be adverse to the Depositor or the Depositor’s assignees.

Appears in 15 contracts

Samples: Omnibus Amendment (Vzot 2018-A), Originator Receivables Transfer Agreement (Verizon Owner Trust 2020-C), Originator Receivables Transfer Agreement (Verizon Owner Trust 2020-C)

No Adverse Selection. None of the Administrator, the Master Trust Additional Transferor or any of their respective Affiliates has selected any Receivables to be transferred and assigned to the Depositor on the Closing Date or the applicable Acquisition Date through a process that is intended to be adverse to the Depositor or the Depositor’s assignees.

Appears in 6 contracts

Samples: Additional Transferor Receivables Transfer Agreement (Verizon Master Trust), Master Collateral Agency and Intercreditor Agreement (Verizon Master Trust), Master Collateral Agency and Intercreditor Agreement (Verizon Master Trust)

No Adverse Selection. None of the Administrator, the Master Trust such Originator or any of their respective Affiliates has selected any Receivables to be transferred and assigned to the Depositor on the Closing Date or the applicable Acquisition Date through a process that is intended to be adverse to the Depositor or the Depositor’s assignees.

Appears in 5 contracts

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

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No Adverse Selection. None of the Administrator, the Master Trust or any of their respective Affiliates has selected any Receivables to be transferred and assigned to the Depositor on the Closing Date or the applicable Acquisition Date through a process that is intended to be adverse to the Depositor or the Depositor’s 's assignees.

Appears in 1 contract

Samples: Master Trust Receivables Transfer Agreement (Verizon ABS LLC)

No Adverse Selection. None of the Administrator, the Master Trust such Originator or any of their respective Affiliates has selected any Receivables to be transferred and assigned to the Depositor on the Closing Date or the applicable Acquisition Date through a process that is intended to be adverse to the Depositor or the Depositor’s 's assignees.

Appears in 1 contract

Samples: Originator Receivables Transfer Agreement (Verizon ABS LLC)

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