Common use of Proceeding Clause in Contracts

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 2024-3 Secured Parties, and it will not be necessary to make any Series 2024-3 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242021-3 1 Secured Parties, and it will not be necessary to make any Series 20242021-3 1 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242022-3 7 Secured Parties, and it will not be necessary to make any Series 20242022-3 7 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242025-3 5 Secured Parties, and it will not be necessary to make any Series 20242025-3 5 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242025-3 1 Secured Parties, and it will not be necessary to make any Series 20242025-3 1 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242025-3 9 Secured Parties, and it will not be necessary to make any Series 20242025-3 9 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 2024-3 8 Secured Parties, and it will not be necessary to make any Series 2024-3 8 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242021-3 2 Secured Parties, and it will not be necessary to make any Series 20242021-3 2 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242023-3 5 Secured Parties, and it will not be necessary to make any Series 20242023-3 5 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 2024-3 4 Secured Parties, and it will not be necessary to make any Series 2024-3 4 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 2024-3 6 Secured Parties, and it will not be necessary to make any Series 2024-3 6 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242023-3 4 Secured Parties, and it will not be necessary to make any Series 20242023-3 4 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242023-3 7 Secured Parties, and it will not be necessary to make any Series 20242023-3 7 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242022-3 Secured Parties, and it will not be necessary to make any Series 20242022-3 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242022-3 4 Secured Parties, and it will not be necessary to make any Series 20242022-3 4 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242023-3 1 Secured Parties, and it will not be necessary to make any Series 20242023-3 1 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242025-3 Secured Parties, and it will not be necessary to make any Series 20242025-3 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242023-3 2 Secured Parties, and it will not be necessary to make any Series 20242023-3 2 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242022-3 1 Secured Parties, and it will not be necessary to make any Series 20242022-3 1 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242025-3 7 Secured Parties, and it will not be necessary to make any Series 20242025-3 7 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242022-3 2 Secured Parties, and it will not be necessary to make any Series 20242022-3 2 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 2024-3 1 Secured Parties, and it will not be necessary to make any Series 2024-3 1 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 2 contracts

Sources: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242025-3 2 Secured Parties, and it will not be necessary to make any Series 20242025-3 2 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 1 contract

Sources: Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242025-3 8 Secured Parties, and it will not be necessary to make any Series 20242025-3 8 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 1 contract

Sources: Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242023-3 Secured Parties, and it will not be necessary to make any Series 20242023-3 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 1 contract

Sources: Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242025-3 10 Secured Parties, and it will not be necessary to make any Series 20242025-3 10 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 1 contract

Sources: Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 2024-3 7 Secured Parties, and it will not be necessary to make any Series 2024-3 7 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 1 contract

Sources: Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242025-3 4 Secured Parties, and it will not be necessary to make any Series 20242025-3 4 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 1 contract

Sources: Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242025-3 6 Secured Parties, and it will not be necessary to make any Series 20242025-3 6 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 1 contract

Sources: Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242022-3 6 Secured Parties, and it will not be necessary to make any Series 20242022-3 6 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 1 contract

Sources: Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242023-3 6 Secured Parties, and it will not be necessary to make any Series 20242023-3 6 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 1 contract

Sources: Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 20242022-3 5 Secured Parties, and it will not be necessary to make any Series 20242022-3 5 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 1 contract

Sources: Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 2024-3 2 Secured Parties, and it will not be necessary to make any Series 2024-3 2 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 1 contract

Sources: Indenture (Verizon Master Trust)

Proceeding. In any Proceeding brought by the Indenture Trustee (and any Proceeding involving the interpretation of this Indenture to which the Indenture Trustee is a party), the Indenture Trustee will be held to represent all the Series 2024-3 5 Secured Parties, and it will not be necessary to make any Series 2024-3 5 Secured Party, including a Noteholder, a party to the Proceeding.

Appears in 1 contract

Sources: Indenture (Verizon Master Trust)