Additional Transferor’s Records. The Additional Transferor will xxxx its records to indicate that any Receivable absolutely assigned by the Additional Transferor to the Depositor is owned by the Depositor or its assignee on the related Acquisition Date, and will not change the indication until the Receivable has been paid in full by the Obligor, acquired by the Servicer or the Marketing Agent or sold to a third party, as applicable, under a Transaction Document or other Series Related Document.
Appears in 3 contracts
Samples: Receivables Transfer Agreement (Verizon Master Trust), Verizon Master Trust, Verizon Master Trust
Additional Transferor’s Records. The On the related Acquisition Date, the Additional Transferor will xxxx its records to indicate that any Receivable absolutely assigned by the Additional Transferor to the Depositor is owned by the Depositor or its assignee on the related Acquisition Date, and will not change the indication until the Receivable has been paid in full by the Obligor, acquired by the Servicer or the Marketing Agent or sold to a third party, as applicable, under a Transaction Document or other Series Related Document.
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Verizon Master Trust), Transfer and Servicing Agreement (Verizon Master Trust)
Additional Transferor’s Records. The On the related Acquisition Date, the Additional Transferor will xxxx mark its records to indicate that any Receivable absolutely assigned by the Additional Transferor to the Depositor is owned by the Depositor or its assignee on the related Acquisition Date, and will not change the indication until the Receivable has been paid in full by the Obligor, acquired by the Servicer or the Marketing Agent or sold to a third party, as applicable, under a Transaction Document or other Series Related Document.
Appears in 1 contract
Samples: Verizon Master Trust