Common use of No Deemed Knowledge Clause in Contracts

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a breach of the Group Eligibility Representation, Potential Default with respect to Group [_] or any Event of Default with respect to Group [_] or any other fact (including whether any reacquisition or acquisition request remains unresolved for one-hundred eighty (180) days) or event unless (i) a Responsible Person of the Indenture Trustee has actual knowledge of the breach, Potential Default with respect to Group [_], Event of Default with respect to Group [_] or other fact or event or (ii) where written notice is required, a Responsible Person of the Indenture Trustee has actually received written notice of the specific breach, Potential Default with respect to Group [_], Event of Default with respect to Group [_] or other fact or event at its Corporate Trust Office, and such notice specifically identifies the Trust, this Indenture and such breach, Potential Default with respect to Group [_], Event of Default with respect to Group [_], or other fact or event. Any notice of an occurrence of a breach of the Group Eligibility Representation under a Receivables Transfer Agreement or the Transfer and Servicing Agreement delivered to the Indenture Trustee shall specifically identify the Group [_] Receivables in breach. Knowledge or information acquired by [___] in its capacity as Indenture Trustee, Note Paying Agent or Note Registrar, as applicable, shall not be imputed to [___] in any other capacity in which it may act under the Transaction Documents or any Series [_]-[_] Series Related Document or to any affiliate of [___] and vice versa. For the avoidance of doubt, receipt by the Indenture Trustee of a Review Report under the Asset Representations Review Agreement shall not constitute knowledge of any such event or breach.

Appears in 3 contracts

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

AutoNDA by SimpleDocs

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a breach of the Group Eligibility Representation, Potential Default with respect to Group [_] 1 or any Event of Default with respect to Group [_] 1 or any other fact (including whether any reacquisition or acquisition request remains unresolved for one-hundred eighty (180) days) or event unless (i) a Responsible Person of the Indenture Trustee has actual knowledge of the breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event or (ii) where written notice is required, a Responsible Person of the Indenture Trustee has actually received written notice of the specific breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event at its Corporate Trust Office, and such notice specifically identifies the Trust, this Indenture and such breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_]1, or other fact or event. Any notice of an occurrence of a breach of the Group Eligibility Representation under a Receivables Transfer Agreement or the Transfer and Servicing Agreement delivered to the Indenture Trustee shall specifically identify the Group [_] 1 Receivables in breach. Knowledge or information acquired by [___] U.S. Bank Trust Company, National Association in its capacity as Indenture Trustee, Note Paying Agent or Note Registrar, as applicable, shall not be imputed to [___] U.S. Bank Trust Company, National Association in any other capacity in which it may act under the Transaction Documents or any Series [_]2023-[_] 7 Series Related Document or to any affiliate of [___] U.S. Bank Trust Company, National Association and vice versa. For the avoidance of doubt, receipt by the Indenture Trustee of a Review Report under the Asset Representations Review Agreement shall not constitute knowledge of any such event or breach.

Appears in 2 contracts

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

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a breach of the Group Eligibility Representation, Potential Default with respect to Group [_] 1 or any Event of Default with respect to Group [_] 1 or any other fact (including whether any reacquisition or acquisition request remains unresolved for one-hundred eighty (180) days) or event unless (i) a Responsible Person of the Indenture Trustee has actual knowledge of the breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event or (ii) where written notice is required, a Responsible Person of the Indenture Trustee has actually received written notice of the specific breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event at its Corporate Trust Office, and such notice specifically identifies the Trust, this Indenture and such breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_]1, or other fact or event. Any notice of an occurrence of a breach of the Group Eligibility Representation under a Receivables Transfer Agreement or the Transfer and Servicing Agreement delivered to the Indenture Trustee shall specifically identify the Group [_] 1 Receivables in breach. Knowledge or information acquired by [___] U.S. Bank Trust Company, National Association in its capacity as Indenture Trustee, Note Paying Agent or Note Registrar, as applicable, shall not be imputed to [___] U.S. Bank Trust Company, National Association in any other capacity in which it may act under the Transaction Documents or any Series [_]2023-[_] 4 Series Related Document or to any affiliate of [___] U.S. Bank Trust Company, National Association and vice versa. For the avoidance of doubt, receipt by the Indenture Trustee of a Review Report under the Asset Representations Review Agreement shall not constitute knowledge of any such event or breach.

Appears in 2 contracts

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

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a breach of the Group Eligibility Representation, Potential Default with respect to Group [_] 1 or any Event of Default with respect to Group [_] 1 or any other fact (including whether any reacquisition or acquisition request remains unresolved for one-hundred eighty (180) days) or event unless (i) a Responsible Person of the Indenture Trustee has actual knowledge of the breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event or (ii) where written notice is required, a Responsible Person of the Indenture Trustee has actually received written notice of the specific breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event at its Corporate Trust Office, and such notice specifically identifies the Trust, this Indenture and such breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_]1, or other fact or event. Any notice of an occurrence of a breach of the Group Eligibility Representation under a Receivables Transfer Agreement or the Transfer and Servicing Agreement delivered to the Indenture Trustee shall specifically identify the Group [_] 1 Receivables in breach. Knowledge or information acquired by [___] U.S. Bank Trust Company, National Association in its capacity as Indenture Trustee, Note Paying Agent or Note Registrar, as applicable, shall not be imputed to [___] U.S. Bank Trust Company, National Association in any other capacity in which it may act under the Transaction Documents or any Series [_]2024-[_] 1 Series Related Document or to any affiliate of [___] U.S. Bank Trust Company, National Association and vice versa. For the avoidance of doubt, receipt by the Indenture Trustee of a Review Report under the Asset Representations Review Agreement shall not constitute knowledge of any such event or breach.

Appears in 2 contracts

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

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a breach of the Group Eligibility Representation, Potential Default with respect to Group [_] 1 or any Event of Default with respect to Group [_] 1 or any other fact (including whether any reacquisition or acquisition request remains unresolved for one-hundred eighty (180) days) or event unless (i) a Responsible Person of the Indenture Trustee has actual knowledge of the breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event or (ii) where written notice is required, a Responsible Person of the Indenture Trustee has actually received written notice of the specific breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event at its Corporate Trust Office, and such notice specifically identifies the Trust, this Indenture and such breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_]1, or other fact or event. Any notice of an occurrence of a breach of the Group Eligibility Representation under a Receivables Transfer Agreement or the Transfer and Servicing Agreement delivered to the Indenture Trustee shall specifically identify the Group [_] 1 Receivables in breach. Knowledge or information acquired by [___] U.S. Bank Trust Company, National Association in its capacity as Indenture Trustee, Note Paying Agent or Note Registrar, as applicable, shall not be imputed to [___] U.S. Bank Trust Company, National Association in any other capacity in which it may act under the Transaction Documents or any Series [_]2024-[_] 3 Series Related Document or to any affiliate of [___] U.S. Bank Trust Company, National Association and vice versa. For the avoidance of doubt, receipt by the Indenture Trustee of a Review Report under the Asset Representations Review Agreement shall not constitute knowledge of any such event or breach.

Appears in 2 contracts

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

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a breach of the Group Eligibility Representation, Potential Default with respect to Group [_] 1 or any Event of Default with respect to Group [_] 1 or any other fact (including whether any reacquisition or acquisition request remains unresolved for one-hundred eighty (180) days) or event unless (i) a Responsible Person of the Indenture Trustee has actual knowledge of the breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event or (ii) where written notice is required, a Responsible Person of the Indenture Trustee has actually received written notice of the specific breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event at its Corporate Trust Office, and such notice specifically identifies the Trust, this Indenture and such breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_]1, or other fact or event. Any notice of an occurrence of a breach of the Group Eligibility Representation under a Receivables Transfer Agreement or the Transfer and Servicing Agreement delivered to the Indenture Trustee shall specifically identify the Group [_] 1 Receivables in breach. Knowledge or information acquired by [___] U.S. Bank Trust Company, National Association in its capacity as Indenture Trustee, Note Paying Agent or Note Registrar, as applicable, shall not be imputed to [___] U.S. Bank Trust Company, National Association in any other capacity in which it may act under the Transaction Documents or any Series [_]2024-[_] 4 Series Related Document or to any affiliate of [___] U.S. Bank Trust Company, National Association and vice versa. For the avoidance of doubt, receipt by the Indenture Trustee of a Review Report under the Asset Representations Review Agreement shall not constitute knowledge of any such event or breach.

Appears in 2 contracts

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

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a breach of the Group Eligibility Representation, Potential Default with respect to Group [_] 1 or any Event of Default with respect to Group [_] 1 or any other fact (including whether any reacquisition or acquisition request remains unresolved for one-hundred eighty (180) days) or event unless (i) a Responsible Person of the Indenture Trustee has actual knowledge of the breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event or (ii) where written notice is required, a Responsible Person of the Indenture Trustee has actually received written notice of the specific breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event at its Corporate Trust Office, and such notice specifically identifies the Trust, this Indenture and such breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_]1, or other fact or event. Any notice of an occurrence of a breach of the Group Eligibility Representation under a Receivables Transfer Agreement or the Transfer and Servicing Agreement delivered to the Indenture Trustee shall specifically identify the Group [_] 1 Receivables in breach. Knowledge or information acquired by [___] U.S. Bank Trust Company, National Association in its capacity as Indenture Trustee, Note Paying Agent or Note Registrar, as applicable, shall not be imputed to [___] U.S. Bank Trust Company, National Association in any other capacity in which it may act under the Transaction Documents or any Series [_]2022-[_] 7 Series Related Document or to any affiliate of [___] U.S. Bank Trust Company, National Association and vice versa. For the avoidance of doubt, receipt by the Indenture Trustee of a Review Report under the Asset Representations Review Agreement shall not constitute knowledge of any such event or breach.

Appears in 2 contracts

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

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a breach of the Group Eligibility Representation, Potential Default with respect to Group [_] 1 or any Event of Default with respect to Group [_] 1 or any other fact (including whether any reacquisition or acquisition request remains unresolved for one-hundred eighty (180) days) or event unless (i) a Responsible Person of the Indenture Trustee has actual knowledge of the breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event or (ii) where written notice is required, a Responsible Person of the Indenture Trustee has actually received written notice of the specific breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event at its Corporate Trust Office, and such notice specifically identifies the Trust, this Indenture and such breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_]1, or other fact or event. Any notice of an occurrence of a breach of the Group Eligibility Representation under a Receivables Transfer Agreement or the Transfer and Servicing Agreement delivered to the Indenture Trustee shall specifically identify the Group [_] 1 Receivables in breach. Knowledge or information acquired by [___] U.S. Bank Trust Company, National Association in its capacity as Indenture Trustee, Note Paying Agent or Note Registrar, as applicable, shall not be imputed to [___] U.S. Bank Trust Company, National Association in any other capacity in which it may act under the Transaction Documents or any Series [_]2023-[_] 1 Series Related Document or to any affiliate of [___] U.S. Bank Trust Company, National Association and vice versa. For the avoidance of doubt, receipt by the Indenture Trustee of a Review Report under the Asset Representations Review Agreement shall not constitute knowledge of any such event or breach.

Appears in 2 contracts

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

AutoNDA by SimpleDocs

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a breach of the Group Eligibility Representation, Potential Default with respect to Group [_] 1 or any Event of Default with respect to Group [_] 1 or any other fact (including whether any reacquisition or acquisition request remains unresolved for one-hundred eighty (180) days) or event unless (i) a Responsible Person of the Indenture Trustee has actual knowledge of the breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event or (ii) where written notice is required, a Responsible Person of the Indenture Trustee has actually received written notice of the specific breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event at its Corporate Trust Office, and such notice specifically identifies the Trust, this Indenture and such breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_]1, or other fact or event. Any notice of an occurrence of a breach of the Group Eligibility Representation under a Receivables Transfer Agreement or the Transfer and Servicing Agreement delivered to the Indenture Trustee shall specifically identify the Group [_] 1 Receivables in breach. Knowledge or information acquired by [___] U.S. Bank Trust Company, National Association in its capacity as Indenture Trustee, Note Paying Agent or Note Registrar, as applicable, shall not be imputed to [___] U.S. Bank Trust Company, National Association in any other capacity in which it may act under the Transaction Documents or any Series [_]2023-[_] 5 Series Related Document or to any affiliate of [___] U.S. Bank Trust Company, National Association and vice versa. For the avoidance of doubt, receipt by the Indenture Trustee of a Review Report under the Asset Representations Review Agreement shall not constitute knowledge of any such event or breach.

Appears in 2 contracts

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

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a breach of the Group Eligibility Representation, Potential Default with respect to Group [_] 1 or any Event of Default with respect to Group [_] 1 or any other fact (including whether any reacquisition or acquisition request remains unresolved for one-hundred eighty (180) days) or event unless (i) a Responsible Person of the Indenture Trustee has actual knowledge of the breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event or (ii) where written notice is required, a Responsible Person of the Indenture Trustee has actually received written notice of the specific breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event at its Corporate Trust Office, and such notice specifically identifies the Trust, this Indenture and such breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_]1, or other fact or event. Any notice of an occurrence of a breach of the Group Eligibility Representation under a Receivables Transfer Agreement or the Transfer and Servicing Agreement delivered to the Indenture Trustee shall specifically identify the Group [_] 1 Receivables in breach. Knowledge or information acquired by [___] U.S. Bank Trust Company, National Association in its capacity as Indenture Trustee, Note Paying Agent or Note Registrar, as applicable, shall not be imputed to [___] U.S. Bank Trust Company, National Association in any other capacity in which it may act under the Transaction Documents or any Series [_]2022-[_] 6 Series Related Document or to any affiliate of [___] U.S. Bank Trust Company, National Association and vice versa. For the avoidance of doubt, receipt by the Indenture Trustee of a Review Report under the Asset Representations Review Agreement shall not constitute knowledge of any such event or breach.

Appears in 1 contract

Samples: Indenture (Verizon Master Trust)

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a breach of the Group Eligibility Representation, Potential Default with respect to Group [_] 1 or any Event of Default with respect to Group [_] 1 or any other fact (including whether any reacquisition or acquisition request remains unresolved for one-hundred eighty (180) days) or event unless (i) a Responsible Person of the Indenture Trustee has actual knowledge of the breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event or (ii) where written notice is required, a Responsible Person of the Indenture Trustee has actually received written notice of the specific breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event at its Corporate Trust Office, and such notice specifically identifies the Trust, this Indenture and such breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_]1, or other fact or event. Any notice of an occurrence of a breach of the Group Eligibility Representation under a Receivables Transfer Agreement or the Transfer and Servicing Agreement delivered to the Indenture Trustee shall specifically identify the Group [_] 1 Receivables in breach. Knowledge or information acquired by [___] U.S. Bank Trust Company, National Association in its capacity as Indenture Trustee, Note Paying Agent or Note Registrar, as applicable, shall not be imputed to [___] U.S. Bank Trust Company, National Association in any other capacity in which it may act under the Transaction Documents or any Series [_]2024-[_] 8 Series Related Document or to any affiliate of [___] U.S. Bank Trust Company, National Association and vice versa. For the avoidance of doubt, receipt by the Indenture Trustee of a Review Report under the Asset Representations Review Agreement shall not constitute knowledge of any such event or breach.

Appears in 1 contract

Samples: Indenture (Verizon Master Trust)

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a breach of the Group Eligibility Representation, Potential Default with respect to Group [_] 1 or any Event of Default with respect to Group [_] 1 or any other fact (including whether any reacquisition or acquisition request remains unresolved for one-hundred eighty (180) days) or event unless (i) a Responsible Person of the Indenture Trustee has actual knowledge of the breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event or (ii) where written notice is required, a Responsible Person of the Indenture Trustee has actually received written notice of the specific breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event at its Corporate Trust Office, and such notice specifically identifies the Trust, this Indenture and such breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_]1, or other fact or event. Any notice of an occurrence of a breach of the Group Eligibility Representation under a Receivables Transfer Agreement or the Transfer and Servicing Agreement delivered to the Indenture Trustee shall specifically identify the Group [_] 1 Receivables in breach. Knowledge or information acquired by [___] U.S. Bank Trust Company, National Association in its capacity as Indenture Trustee, Note Paying Agent or Note Registrar, as applicable, shall not be imputed to [___] U.S. Bank Trust Company, National Association in any other capacity in which it may act under the Transaction Documents or any Series [_]2024-[_] 6 Series Related Document or to any affiliate of [___] U.S. Bank Trust Company, National Association and vice versa. For the avoidance of doubt, receipt by the Indenture Trustee of a Review Report under the Asset Representations Review Agreement shall not constitute knowledge of any such event or breach.

Appears in 1 contract

Samples: Indenture (Verizon Master Trust)

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a breach of the Group Eligibility Representation, Potential Default with respect to Group [_] 1 or any Event of Default with respect to Group [_] 1 or any other fact (including whether any reacquisition or acquisition request remains unresolved for one-hundred eighty (180) days) or event unless (i) a Responsible Person of the Indenture Trustee has actual knowledge of the breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event or (ii) where written notice is required, a Responsible Person of the Indenture Trustee has actually received written notice of the specific breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_] 1 or other fact or event at its Corporate Trust Office, and such notice specifically identifies the Trust, this Indenture and such breach, Potential Default with respect to Group [_]1, Event of Default with respect to Group [_]1, or other fact or event. Any notice of an occurrence of a breach of the Group Eligibility Representation under a Receivables Transfer Agreement or the Transfer and Servicing Agreement delivered to the Indenture Trustee shall specifically identify the Group [_] 1 Receivables in breach. Knowledge or information acquired by [___] U.S. Bank Trust Company, National Association in its capacity as Indenture Trustee, Note Paying Agent or Note Registrar, as applicable, shall not be imputed to [___] U.S. Bank Trust Company, National Association in any other capacity in which it may act under the Transaction Documents or any Series [_]2022-[_] 5 Series Related Document or to any affiliate of [___] U.S. Bank Trust Company, National Association and vice versa. For the avoidance of doubt, receipt by the Indenture Trustee of a Review Report under the Asset Representations Review Agreement shall not constitute knowledge of any such event or breach.

Appears in 1 contract

Samples: Indenture (Verizon Master Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!