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Common use of No Assumption of Obligations Clause in Contracts

No Assumption of Obligations. These transfers and absolute assignments do not, and are not intended to, include any obligation of the Depositor or any Originator to the Obligors or any other Person relating to the Receivables and the other Depositor Transferred Property, and the Issuer does not assume any of these obligations.

Appears in 24 contracts

Samples: Omnibus Amendment (Verizon Owner Trust 2020-A), Transfer and Servicing Agreement (Verizon Owner Trust 2020-B), Omnibus Amendment (Verizon Owner Trust 2020-C)

No Assumption of Obligations. These transfers and absolute assignments do not, and are not intended to, include any obligation of the Depositor or any Originator to the Obligors or any other Person relating to the Receivables and the other Depositor Originator Transferred Property, and the Issuer Depositor does not assume any of these obligations.

Appears in 21 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)

No Assumption of Obligations. These transfers and absolute assignments do not, and are not intended to, include any obligation of the Depositor or any Originator Additional Transferor to the Obligors or any other Person relating to the Receivables and the other Depositor Additional Transferor Transferred Property, and the Issuer Depositor does not assume any of these obligations.

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)