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 Master Trust, the Servicer or any Originator to the Obligors or any other Person relating to the Receivables and the other Master Trust Transferred Property, and the Depositor does not assume any of these obligations.

Appears in 16 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 Assumption of Obligations. These transfers and absolute assignments do not, and are not intended to, include any obligation of the Master TrustDepositor, the Servicer any Originator or any Originator Additional Transferor to the Obligors or any other Person relating to the Receivables and the other Master Trust Depositor Transferred Property, and the Depositor Trust does not assume any of these obligations.

Appears in 5 contracts

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

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