Common use of Optional Redemption of Notes Clause in Contracts

Optional Redemption of Notes. On any Payment Date on and after the Payment Date in November 2021, the Class A Certificateholder, with the consent of the Administrator, on behalf of the Issuer, shall have the option to redeem the Notes, in whole but not in part, as set forth in Section 8.2 of the Transfer and Servicing Agreement.

Appears in 2 contracts

Sources: Trust Agreement (Verizon Owner Trust 2020-C), Trust Agreement (Verizon Owner Trust 2020-C)

Optional Redemption of Notes. On any Payment Date on and after the Payment Date in November 20212019, the Class A Certificateholder, with the consent of the Administrator, on behalf of the Issuer, shall have the option to redeem the Notes, in whole but not in part, as set forth in Section 8.2 of the Transfer and Servicing Agreement.

Appears in 2 contracts

Sources: Trust Agreement (Vzot 2018-A), Trust Agreement (Vzot 2018-A)

Optional Redemption of Notes. On any Payment Date on and after the Payment Date in November September 2021, the Class A Certificateholder, with the consent of the Administrator, on behalf of the Issuer, shall have the option to redeem the Notes, in whole but not in part, as set forth in Section 8.2 of the Transfer and Servicing Agreement.

Appears in 2 contracts

Sources: Trust Agreement (Verizon Owner Trust 2020-B), Trust Agreement (Verizon Owner Trust 2020-B)

Optional Redemption of Notes. On any Payment Date on and after the Payment Date in November 2021July 2020, the Class A Certificateholder, with the consent of the Administrator, on behalf of the Issuer, shall have the option to redeem the Notes, in whole but not in part, as set forth in Section 8.2 of the Transfer and Servicing Agreement.

Appears in 2 contracts

Sources: Trust Agreement (Verizon Owner Trust 2019-B), Trust Agreement (Verizon Owner Trust 2019-B)

Optional Redemption of Notes. On any Payment Date on and after the Payment Date in November 2021April 2020, the Class A Certificateholder, with the consent of the Administrator, on behalf of the Issuer, shall have the option to redeem the Notes, in whole but not in part, as set forth in Section 8.2 of the Transfer and Servicing Agreement.

Appears in 2 contracts

Sources: Trust Agreement (Verizon Owner Trust 2019-A), Trust Agreement (Verizon Owner Trust 2019-A)

Optional Redemption of Notes. On any Payment Date on and after the Payment Date in November February 2021, the Class A Certificateholder, with the consent of the Administrator, on behalf of the Issuer, shall have the option to redeem the Notes, in whole but not in part, as set forth in Section 8.2 of the Transfer and Servicing Agreement.

Appears in 2 contracts

Sources: Trust Agreement (Verizon Owner Trust 2020-A), Trust Agreement (Verizon Owner Trust 2020-A)

Optional Redemption of Notes. On any Payment Date on and after the Payment Date in November 20212020, the Class A Certificateholder, with the consent of the Administrator, on behalf of the Issuer, shall have the option to redeem the Notes, in whole but not in part, as set forth in Section 8.2 of the Transfer and Servicing Agreement.

Appears in 2 contracts

Sources: Trust Agreement (Verizon Owner Trust 2019-C), Trust Agreement (Verizon Owner Trust 2019-C)

Optional Redemption of Notes. On any Payment Date on and after the Payment Date in November 20212018, the Class A Certificateholder, with the consent of the Administrator, on behalf of the Issuer, shall have the option to redeem the Notes, in whole but not in part, as set forth in Section 8.2 of the Transfer and Servicing Agreement.

Appears in 2 contracts

Sources: Trust Agreement (Verizon ABS LLC), Trust Agreement (Verizon ABS LLC)