Common use of No Duty to Monitor or Administer Clause in Contracts

No Duty to Monitor or Administer. Except as expressly provided in this Indenture and the other Series [_]-[_] Series Related Documents, the Indenture Trustee shall have no obligation to administer, service or collect the Group [_] Receivables or to maintain, monitor or otherwise supervise the administration, servicing or collection of the Group [_] Receivables.

Appears in 3 contracts

Samples: Verizon Master Trust, Verizon Master Trust, Verizon Master Trust

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No Duty to Monitor or Administer. Except as expressly provided in this Indenture and the other Series [_]2024-[_] 3 Series Related Documents, the Indenture Trustee shall have no obligation to administer, service or collect the Group [_] 1 Receivables or to maintain, monitor or otherwise supervise the administration, servicing or collection of the Group [_] 1 Receivables.

Appears in 2 contracts

Samples: Verizon Master Trust, Verizon Master Trust

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