SECOND AMENDED AND RESTATED ASSET REPRESENTATIONS REVIEW AGREEMENT
Verizon ABS II LLC
Execution Version
SECOND AMENDED AND RESTATED
ASSET REPRESENTATIONS REVIEW AGREEMENT
among
VERIZON MASTER TRUST, as Trust
CELLCO PARTNERSHIP d/b/a VERIZON WIRELESS, as Servicer
and
PENTALPHA SURVEILLANCE LLC, as Asset Representations Reviewer
Dated as of April 23, 2024
TABLE OF CONTENTS
Page
ARTICLE I
USAGE AND DEFINITIONS
1
Section 1.1
Usage and Definitions
1
Section 1.2
Additional Definitions
1
Section 1.3
Review Materials and Test Definitions
2
ARTICLE II
ENGAGEMENT OF ASSET REPRESENTATIONS REVIEWER
3
Section 2.1
Engagement; Acceptance
3
Section 2.2
Confirmation of Status
3
ARTICLE III
ASSET REPRESENTATIONS REVIEW PROCESS
3
Section 3.1
Review Notices and Schedule of Tests
3
Section 3.2
Identification of Group Review Receivables
3
Section 3.3
Review Materials
4
Section 3.4
Performance of Reviews
4
Section 3.5
Review Reports
5
Section 3.6
Review Representatives
5
Section 3.7
Dispute Resolution
6
Section 3.8
Limitations on Review Obligations
6
…