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Common use of SERVICING PROCEDURES Clause in Contracts

SERVICING PROCEDURES. It has complied in all material respects with the Servicing Procedures with respect to the Receivables.

Appears in 24 contracts

Sources: Omnibus Amendment (Verizon Owner Trust 2020-A), Transfer and Servicing Agreement (Verizon Owner Trust 2020-B), Omnibus Amendment (Verizon Owner Trust 2020-C)

SERVICING PROCEDURES. It has complied in all material respects with the applicable Servicing Procedures with respect to the Receivables.

Appears in 5 contracts

Sources: Master Collateral Agency and Intercreditor Agreement (Verizon Master Trust), Master Collateral Agency and Intercreditor Agreement (Verizon Master Trust), Transfer and Servicing Agreement (Verizon Master Trust)

Related Clauses

  • Special Servicing Procedures
  • General Servicing Procedures
  • Funding Procedures
  • Servicing Programs
  • Recovery Procedures

Parent Clauses

  • Servicer’s and Marketing Agent’s Representations and Warranties
  • Servicer and Marketing Agent
  • Administration and Servicing of Receivables
  • Miscellaneous Provisions
  • Indenture Trustee Actions

Sub-Clauses

  • Billing Data
  • File Creation
  • Reconciliations
  • Collection Data
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