Payment of Principal, Interest and Other Amounts. The Issuer will duly and punctually pay the principal of and interest and Make-Whole Payments, if any, on the Notes according to the terms of the Notes and this Indenture. Amounts withheld under the Code or State or local tax law by any Person from a payment to a Noteholder will be considered as having been paid by the Issuer to the Noteholder.
Appears in 20 contracts
Samples: Transfer and Servicing Agreement (Verizon Owner Trust 2020-C), Transfer and Servicing Agreement (Verizon Owner Trust 2020-B), Transfer and Servicing Agreement (Verizon Owner Trust 2020-A)
Payment of Principal, Interest and Other Amounts. The Issuer will duly and punctually pay the principal of and interest [and Make-Whole Payments, if any, ,] on the Notes according to the terms of the Notes and this Indenture. Amounts withheld under the Code or State or local tax law by any Person from a payment to a Noteholder will be considered as having been paid by the Issuer to the Noteholder.
Appears in 3 contracts
Samples: Verizon ABS LLC, Verizon ABS LLC, Verizon ABS LLC
