Transfer of Distributions. The Secured Party shall only be obliged to transfer Distributions under Paragraph 6(d)(i) if the Valuation Agent has confirmed in writing that no Delivery Amount would be created or increased by the transfer (and the date of calculation will be deemed a Valuation Date for this purpose).
Appears in 8 contracts
Samples: 2002 Master Agreement, 2002 Master Agreement (Verizon Owner Trust 2020-A), 2002 Master Agreement (Verizon Owner Trust 2019-C)