# EDGAR Filing Document

**Accession Number:** 0001844964
**File Stem:** 0000929638-25-002836
**Filing Date:** 2025-7
**Character Count:** 32436
**Document Hash:** 31fcc9754b4332c8f064b686c5e7db95
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-25-002836.hdr.sgml**: 20250731

**ACCESSION NUMBER**: 0000929638-25-002836

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 5

**CONFORMED PERIOD OF REPORT**: 20250731

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250731

**DATE AS OF CHANGE**: 20250731

**ABS ASSET CLASS**: Other

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Verizon ABS II LLC
- **CENTRAL INDEX KEY:** 0001836995
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 232259884
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-253034
- **FILM NUMBER:** 251172691

**BUSINESS ADDRESS:**
- **STREET 1:** ONE VERIZON WAY
- **CITY:** BASKING RIDGE
- **STATE:** NJ
- **ZIP:** 07920
- **BUSINESS PHONE:** 212-395-1000

**MAIL ADDRESS:**
- **STREET 1:** ONE VERIZON WAY
- **CITY:** BASKING RIDGE
- **STATE:** NJ
- **ZIP:** 07920
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Verizon Master Trust
- **CENTRAL INDEX KEY:** 0001844964
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 866471965
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-253034-01
- **FILM NUMBER:** 251172692

**BUSINESS ADDRESS:**
- **STREET 1:** C/O WILMINGTON TRUST, NA
- **STREET 2:** 1100 NORTH MARKET STREET
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19890-1605
- **BUSINESS PHONE:** 866-829-1928

**MAIL ADDRESS:**
- **STREET 1:** C/O WILMINGTON TRUST, NA
- **STREET 2:** 1100 NORTH MARKET STREET
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19890-1605

#### UNITED STATES

#### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, DC 20549

#### FORM 8-K

#### CURRENT REPORT PURSUANT TO

#### SECTION 13 OR 15(d) OF THE

#### SECURITIES EXCHANGE ACT OF 1934

---

| |
|:---|
|  Date of report (Date of earliest event reported): July 31, 2025 |
| VERIZON MASTER TRUST |
|  (Exact name of Issuing Entity as specified in its charter)<br> Commission File Numbers: 333-253034-01; 333-278415-01<br> Central Index Key: 0001844964 |
| VERIZON ABS II LLC |
|  (Exact name of Depositor/Registrant as specified in its charter)<br> Central Index Key: 0001836995 |

---

<u> Delaware </u> <u> 333-253034; 333-278415 </u> <u> 23-2259884 </u> <br> (State or Other Jurisdiction of Incorporation of Registrant) (Commission File Numbers of Registrant) (IRS Employer Identification No. of Registrant)

<u> CELLCO PARTNERSHIP </u> <br> (Exact name of Sponsor as specified in its charter) Central Index Key: 0001175215

<u> One Verizon Way Basking Ridge, New Jersey </u> <u> 07920 </u> <br> (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (212) 395-1000

<u> Not Applicable </u> <br> (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

------

Securities registered pursuant to Section 12(b) of the Exchange Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| &nbsp;&nbsp; Not applicable | &nbsp;&nbsp; Not applicable | &nbsp;&nbsp; Not applicable |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company [ ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

Item 8.01 <u>Other Events</u>.

Morgan, Lewis & Bockius LLP and Morris James LLP have been retained by Verizon ABS II LLC as counsel for its registration statement on Form SF-3 (Commission File Nos. 333-278415 and 333-278415-01) in connection with various transactions. Legal opinions by Morgan, Lewis & Bockius LLP and Morris James LLP to be incorporated into the registration statement are attached hereto as Exhibit 5.1, Exhibit 5.2, Exhibit 5.3, Exhibit 5.4, Exhibit 8.1 and Exhibit 8.2.

Item 9.01. <u>Financial Statements and Exhibits</u>.

<br> (a) Not applicable.

<br> (b) Not applicable.

<br> (c) Not applicable.

<br> (d) Exhibits:

<br> Exhibit No. Description

<br> [5.1](exhibit5-1.htm) [Opinion of Morgan, Lewis & Bockius LLP as to legality (including consent of such firm) (Series 2023-1 Class B Notes).](exhibit5-1.htm)

<br> [5.2](exhibit5-2.htm) [Opinion of Morgan, Lewis & Bockius LLP as to legality (including consent of such firm) (Series 2024-6 Class B Notes).](exhibit5-2.htm)

---

| | |
|:---|:---|
| [5.3\*](https://www.sec.gov/Archives/edgar/data/1836995/000092963823000144/exhibit5-2.htm) | [Opinion of Morris James LLP with respect to Delaware law (including consent of such firm) (Series 2023-1 Class B Notes).](https://www.sec.gov/Archives/edgar/data/1836995/000092963823000144/exhibit5-2.htm) |

---

------

---

| | |
|:---|:---|
| [5.4\*\*](https://www.sec.gov/Archives/edgar/data/1836995/000092963824003173/exhibit5-2.htm) | [Opinion of Morris James LLP with respect to Delaware law (including consent of such firm) (Series 2024-6 Class B Notes).](https://www.sec.gov/Archives/edgar/data/1836995/000092963824003173/exhibit5-2.htm) |

---

<br> [8.1](exhibit8-1.htm) [Opinion of Morgan, Lewis & Bockius LLP as to certain tax matters (including consent of such firm) (Series 2023-1 Class B Notes).](exhibit8-1.htm)

<br> [8.2](exhibit8-2.htm) [Opinion of Morgan, Lewis & Bockius LLP as to certain tax matters (including consent of such firm) (Series 2024-6 Class B Notes).](exhibit8-2.htm)

---

| | |
|:---|:---|
| 23.1 | Consent of Morgan, Lewis & Bockius LLP (included in [Exhibit 5.1](exhibit5-1.htm), [Exhibit 5.2](exhibit5-2.htm), [Exhibit 8.1](exhibit8-1.htm) and [Exhibit 8.2](exhibit8-2.htm)). |

---

---

| | |
|:---|:---|
| 23.2 | Consent of Morris James LLP (included in [Exhibit 5.3](https://www.sec.gov/Archives/edgar/data/1836995/000092963823000144/exhibit5-2.htm) and [Exhibit 5.4](https://www.sec.gov/Archives/edgar/data/1836995/000092963824003173/exhibit5-2.htm)). |

---

______________________

\* Previously filed on Form 8-K on January 26, 2023.

\*\* Previously filed on Form 8-K on September 18, 2024.

------

#### SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| VERIZON ABS II LLC | VERIZON ABS II LLC | VERIZON ABS II LLC |
| By:&nbsp;&nbsp;&nbsp;&nbsp; | <u>/s/ Jon Ransegnola</u> | <u>/s/ Jon Ransegnola</u> |
|  | Name:  | Jon Ransegnola |
|  | Title: | Assistant Treasurer |

---

Date: July 31, 2025

## Exhibit 5.1

Exhibits 5.1 and 23.1

[Letterhead of Morgan, Lewis & Bockius LLP]

July 31, 2025

Verizon ABS II LLC

One Verizon Way

Basking Ridge, New Jersey 07920

<br> Re: <u>Verizon Master Trust, Series 2023-1, Class B Notes</u>

Ladies and Gentlemen:

We have acted as special counsel to Verizon ABS II LLC, a Delaware limited liability company (the "<u>Depositor</u>") and Verizon Master Trust, a Delaware statutory trust (the "<u>Trust</u>") in connection with the offering and sale of $68,120,000 aggregate principal amount of 4.42% Asset Backed Notes, Class B (the "<u>Underwritten Notes</u>") issued by the Trust. The Underwritten Notes will be offered and sold to the Underwriter (as defined below) by the Depositor pursuant to the Underwriting Agreement, dated as of July 25, 2025 (the "<u>Underwriting Agreement</u>"), by and among the Depositor, Cellco Partnership d/b/a Verizon Wireless, and RBC Capital Markets, LLC, as the underwriter identified therein (the "<u>Underwriter</u>").

In connection with the issuance and sale of the Underwritten Notes, the Depositor has prepared a prospectus dated July 25, 2025 (together with any documents and other information incorporated therein by reference, each in the form prepared for use by the Underwriter in confirming sales of the Underwritten Notes, are together called the "<u>Prospectus</u>"). The Trust was formed pursuant to a Trust Agreement, dated as of February 3, 2021, between the Depositor and Wilmington Trust, National Association, as owner trustee (the "<u>Owner Trustee</u>"), as amended and restated by the Amended and Restated Trust Agreement, dated as of May 25, 2021, as amended, between the Depositor and the Owner Trustee.

The Depositor has filed with the Securities and Exchange Commission a registration statement on Form SF-3 (Registration Nos. 333-278415 and 333-278415-01), as amended by Pre-Effective Amendment No. 1, Pre-Effective Amendment No. 2, Post-Effective Amendment No. 1 and Post-Effective Amendment No. 2 thereto, for the registration of the Underwritten Notes and certain other securities under the Securities Act of 1933, as amended (the "<u>Securities Act</u>"). In this opinion letter, the foregoing registration statement, as so amended, at its effective date, including any documents and other information incorporated therein by reference, is called the "<u>Registration Statement</u>." As set forth in the Prospectus, the Underwritten Notes were issued pursuant to an Indenture, dated as of January 26, 2023 (the "<u>Series 2023-1 Indenture</u>"), between the Trust and U.S. Bank Trust Company, National Association, as indenture trustee (in such capacity, the "<u>Indenture Trustee</u>") and note paying agent and were previously retained by Verizon DPPA True-

------

July 31, 2025

up Trust (the "<u>True Up Trust</u>"). Pursuant to the Transfer Agreement, dated as of July 31, 2025, between the True Up Trust and the Depositor, the True Up Trust transferred the Underwritten Notes to the Depositor for the acquisition price set therein.

This opinion is being furnished in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act. No opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or the Prospectus other than as to the entitlement of the Underwritten Notes to the benefits of the Series 2023-1 Indenture and their enforceability against the Trust in accordance with their terms.

As such counsel, we have examined and relied upon originals or copies of such corporate records, documents, agreements or other instruments of the Depositor as we consider appropriate. As to all matters of fact, we have entirely relied upon certificates of officers of the Depositor and of public officials, and have assumed, without independent inquiry, the accuracy of those certificates. In connection with this opinion, we have also examined and relied upon the Registration Statement and the Prospectus. In our examination, we have assumed the genuineness of all signatures, the conformity to the originals of all documents reviewed by us as copies, the authenticity and completeness of all original documents reviewed by us in original or copy form, and the legal competence of each individual executing any document.

Each opinion set forth below relating to the binding effect of the Underwritten Notes is subject to the following general qualifications:

(i) the enforceability of any obligation of the Trust or otherwise may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium, marshalling or other laws and rules affecting the enforcement generally of creditors' rights and remedies (including such as may deny giving effect to waivers of debtors' or guarantors' rights); and

<br> (ii) the enforcement of any rights may in all cases be subject to an implied duty of good faith and general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity).

This opinion letter is limited solely to the internal, substantive laws of the State of New York as applied by courts located in New York without regard to choice of law.

Based upon and subject to the foregoing, we are of the opinion that the Underwritten Notes, when duly authorized by all requisite statutory trust action on the part of the Trust, executed by the Owner Trustee and authenticated by the Indenture Trustee in accordance with the Series 2023-1 Indenture, and when delivered against payment of the purchase price therefor as described in the Underwriting Agreement, will be entitled to the benefits of the Series 2023-1 Indenture and will constitute the binding obligations of the Trust, enforceable against the Trust in accordance with their terms.

------

July 31, 2025

We hereby consent to the filing of this opinion letter as an exhibit to the Registration Statement and to the references to this firm under the heading "Legal Opinions" in the Prospectus. In rendering the foregoing opinions and giving such consent, we do not admit that we are "experts" within the meaning of the Securities Act.

Very truly yours,<br>/s/ Morgan, Lewis & Bockius LLP

## Exhibit 5.2

Exhibits 5.2 and 23.1

[Letterhead of Morgan, Lewis & Bockius LLP]

July 31, 2025

Verizon ABS II LLC

One Verizon Way

Basking Ridge, New Jersey 07920

<br> Re: <u>Verizon Master Trust, Series 2024-6, Class B Notes</u>

Ladies and Gentlemen:

We have acted as special counsel to Verizon ABS II LLC, a Delaware limited liability company (the "<u>Depositor</u>") and Verizon Master Trust, a Delaware statutory trust (the "<u>Trust</u>") in connection with the offering and sale of $102,180,000 aggregate principal amount of 4.42% Asset Backed Notes, Class B (the "<u>Underwritten Notes</u>") issued by the Trust. The Underwritten Notes will be offered and sold to the Underwriter (as defined below) by the Depositor pursuant to the Underwriting Agreement, dated as of July 25, 2025 (the "<u>Underwriting Agreement</u>"), by and among the Depositor, Cellco Partnership d/b/a Verizon Wireless, and RBC Capital Markets, LLC, as the underwriter identified therein (the "<u>Underwriter</u>").

In connection with the issuance and sale of the Underwritten Notes, the Depositor has prepared a prospectus dated July 25, 2025 (together with any documents and other information incorporated therein by reference, each in the form prepared for use by the Underwriter in confirming sales of the Underwritten Notes, are together called the "<u>Prospectus</u>"). The Trust was formed pursuant to a Trust Agreement, dated as of February 3, 2021, between the Depositor and Wilmington Trust, National Association, as owner trustee (the "<u>Owner Trustee</u>"), as amended and restated by the Amended and Restated Trust Agreement, dated as of May 25, 2021, as amended, between the Depositor and the Owner Trustee.

The Depositor has filed with the Securities and Exchange Commission a registration statement on Form SF-3 (Registration Nos. 333-278415 and 333-278415-01), as amended by Pre-Effective Amendment No. 1, Pre-Effective Amendment No. 2, Post-Effective Amendment No. 1 and Post-Effective Amendment No. 2 thereto, for the registration of the Underwritten Notes and certain other securities under the Securities Act of 1933, as amended (the "<u>Securities Act</u>"). In this opinion letter, the foregoing registration statement, as so amended, at its effective date, including any documents and other information incorporated therein by reference, is called the "<u>Registration Statement</u>." As set forth in the Prospectus, the Underwritten Notes were issued pursuant to an Indenture, dated as of September 18, 2024 (the "<u>Series 2024-6 Indenture</u>"), between the Trust and U.S. Bank Trust Company, National Association, as indenture trustee (in such capacity, the "<u>Indenture Trustee</u>") and note paying agent and were previously retained by Verizon DPPA True-

------

July 31, 2025

up Trust (the "<u>True Up Trust</u>"). Pursuant to the Transfer Agreement, dated as of July 31, 2025, between the True Up Trust and the Depositor, the True Up Trust transferred the Underwritten Notes to the Depositor for the acquisition price set therein.

This opinion is being furnished in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act. No opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or the Prospectus other than as to the entitlement of the Underwritten Notes to the benefits of the Series 2024-6 Indenture and their enforceability against the Trust in accordance with their terms.

As such counsel, we have examined and relied upon originals or copies of such corporate records, documents, agreements or other instruments of the Depositor as we consider appropriate. As to all matters of fact, we have entirely relied upon certificates of officers of the Depositor and of public officials, and have assumed, without independent inquiry, the accuracy of those certificates. In connection with this opinion, we have also examined and relied upon the Registration Statement and the Prospectus. In our examination, we have assumed the genuineness of all signatures, the conformity to the originals of all documents reviewed by us as copies, the authenticity and completeness of all original documents reviewed by us in original or copy form, and the legal competence of each individual executing any document.

Each opinion set forth below relating to the binding effect of the Underwritten Notes is subject to the following general qualifications:

(iii) the enforceability of any obligation of the Trust or otherwise may be limited by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium, marshalling or other laws and rules affecting the enforcement generally of creditors' rights and remedies (including such as may deny giving effect to waivers of debtors' or guarantors' rights); and

<br> (iv) the enforcement of any rights may in all cases be subject to an implied duty of good faith and general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity).

This opinion letter is limited solely to the internal, substantive laws of the State of New York as applied by courts located in New York without regard to choice of law.

Based upon and subject to the foregoing, we are of the opinion that the Underwritten Notes, when duly authorized by all requisite statutory trust action on the part of the Trust, executed by the Owner Trustee and authenticated by the Indenture Trustee in accordance with the Series 2024-6 Indenture, and when delivered against payment of the purchase price therefor as described in the Underwriting Agreement, will be entitled to the benefits of the Series 2024-6 Indenture and will constitute the binding obligations of the Trust, enforceable against the Trust in accordance with their terms.

------

July 31, 2025

Page 3<br>

We hereby consent to the filing of this opinion letter as an exhibit to the Registration Statement and to the references to this firm under the heading "Legal Opinions" in the Prospectus. In rendering the foregoing opinions and giving such consent, we do not admit that we are "experts" within the meaning of the Securities Act.

Very truly yours,<br>/s/ Morgan, Lewis & Bockius LLP

## Exhibit 8.1

Exhibits 8.1 and 23.1

[Letterhead of Morgan, Lewis & Bockius LLP]

July 31, 2025

Verizon ABS II LLC

One Verizon Way

Basking Ridge, New Jersey 07920

<br> Re: <u>Verizon Master Trust, Series 2023-1, Class B Notes</u>

Ladies and Gentlemen:

We have acted as special counsel to Verizon ABS II LLC, a Delaware limited liability company (the "<u>Depositor</u>") and Verizon Master Trust, a Delaware statutory trust (the "<u>Trust</u>") in connection with the offering and sale of $68,120,000 aggregate principal amount of 4.74% Asset Backed Notes, Class B (the "<u>Underwritten Notes</u>") issued by the Trust. The Underwritten Notes will be offered and sold to the Underwriter (as defined below) by the Depositor pursuant to the Underwriting Agreement, dated as of July 25, 2025 (the "<u>Underwriting Agreement</u>"), by and among the Depositor, Cellco Partnership d/b/a Verizon Wireless, and RBC Capital Markets, LLC, as the underwriter identified therein (the "<u>Underwriter</u>").

In connection with the issuance and sale of the Underwritten Notes, the Depositor has prepared a prospectus dated July 25, 2025 (together with any documents and other information incorporated therein by reference, each in the form prepared for use by the Underwriter in confirming sales of the Underwritten Notes, are together called the "<u>Prospectus</u>"). The Trust was formed pursuant to a Trust Agreement, dated as of February 3, 2021, between the Depositor and Wilmington Trust, National Association, as owner trustee (the "<u>Owner Trustee</u>"), as amended and restated by the Amended and Restated Trust Agreement, dated as of May 25, 2021, as amended, between the Depositor and the Owner Trustee.

The Depositor has filed with the Securities and Exchange Commission a registration statement on Form SF-3 (Registration Nos. 333-278415 and 333-278415-01), as amended by Pre-Effective Amendment No. 1, Pre-Effective Amendment No. 2, Post-Effective Amendment No. 1 and Post-Effective Amendment No. 2 thereto, for the registration of the Underwritten Notes and certain other securities under the Securities Act of 1933, as amended (the "<u>Securities Act</u>"). In this opinion letter, the foregoing registration statement, as so amended, at its effective date, including any documents and other information incorporated therein by reference, is called the "<u>Registration Statement</u>." As set forth in the Prospectus, for purposes other than U.S. federal income tax, the Underwritten Notes were issued pursuant to an Indenture, dated as of January 26, 2023 (the "<u>Series 2023-1 Indenture</u>"), between the Trust and U.S. Bank Trust Company, National Association, as indenture trustee (in such capacity, the "<u>Indenture Trustee</u>") and note paying agent and were retained by Verizon DPPA True-up Trust (the "<u>True Up Trust</u>"). Pursuant to the Transfer

------

Verizon ABS II LLC

July 31, 2025

Agreement, dated as of July 31, 2025, between the True Up Trust and the Depositor, the True Up Trust transferred the Underwritten Notes to the Depositor for the acquisition price set therein.

As such counsel, we have relied upon originals or copies of such corporate records, documents, agreements or other instruments of the Depositor as we consider appropriate. As to various questions of fact material to such opinions, we have relied, to the extent we deemed appropriate, upon representations, statements and certificates of officers and representatives of the Depositor and others, and have assumed, without independent inquiry, the accuracy of those representations, statements and certificates. In connection with this opinion, we have also examined and relied upon the Registration Statement, the Prospectus and the Series 2023-1 Indenture. In our examination, we have assumed the genuineness of all signatures, the conformity to the originals of all documents reviewed by us as copies, the authenticity and completeness of all original documents reviewed by us in original or copy form, and the legal competence of each individual executing any document.

Attorneys involved in the preparation of this opinion letter are admitted to practice law in the State of New York and we do not express any opinion herein concerning any law other than the federal tax laws of the United States of America.

Based on the foregoing and consideration of such other matters as we have deemed appropriate, we are of the opinion that as of the date hereof, the statements in the Prospectus under the headings "Summary—Tax Status" and "Certain U.S. Federal Income Tax Consequences," insofar as they purport to describe certain provisions of United States federal income tax law or legal conclusions with respect thereto, are correct in all material respects.

Our opinion above is based upon our interpretations of current law, including the Internal Revenue Code of 1986, as amended, judicial decisions, administrative rulings and existing final and temporary Treasury regulations, which are subject to change both prospectively and retroactively, and upon the facts and assumptions discussed herein. This opinion letter is limited to the matters set forth herein, and no opinions are intended to be implied or may be inferred beyond those expressly stated herein. In addition, our opinion is based on the assumption that the matter, if litigated, will be properly presented to the applicable court. Furthermore, our opinion is not binding on the Internal Revenue Service and there can be no assurance that the Internal Revenue Service will not take a contrary position.

We hereby consent to the filing of this opinion letter as an exhibit to the Registration Statement and to the references to this firm in the Prospectus under the headings "Summary—Tax Status," "Certain U.S. Federal Income Tax Consequences" and "Legal Opinions." In rendering the foregoing opinions and giving such consent, we do not admit that we are "experts" within the meaning of the Securities Act.

Very truly yours,<br>/s/ Morgan, Lewis & Bockius LLP

## Exhibit 8.2

Exhibits 8.2 and 23.1

[Letterhead of Morgan, Lewis & Bockius LLP]

July 31, 2025

Verizon ABS II LLC

One Verizon Way

Basking Ridge, New Jersey 07920

<br> Re: <u>Verizon Master Trust, Series 2024-6, Class B Notes</u>

Ladies and Gentlemen:

We have acted as special counsel to Verizon ABS II LLC, a Delaware limited liability company (the "<u>Depositor</u>") and Verizon Master Trust, a Delaware statutory trust (the "<u>Trust</u>") in connection with the offering and sale of $102,180,000 aggregate principal amount of 4.42% Asset Backed Notes, Class B (the "<u>Underwritten Notes</u>") issued by the Trust. The Underwritten Notes will be offered and sold to the Underwriter (as defined below) by the Depositor pursuant to the Underwriting Agreement, dated as of July 25, 2025 (the "<u>Underwriting Agreement</u>"), by and among the Depositor, Cellco Partnership d/b/a Verizon Wireless, and RBC Capital Markets, LLC, as the underwriter identified therein (the "<u>Underwriter</u>").

In connection with the issuance and sale of the Underwritten Notes, the Depositor has prepared a prospectus dated July 25, 2025 (together with any documents and other information incorporated therein by reference, each in the form prepared for use by the Underwriter in confirming sales of the Underwritten Notes, are together called the "<u>Prospectus</u>"). The Trust was formed pursuant to a Trust Agreement, dated as of February 3, 2021, between the Depositor and Wilmington Trust, National Association, as owner trustee (the "<u>Owner Trustee</u>"), as amended and restated by the Amended and Restated Trust Agreement, dated as of May 25, 2021, as amended, between the Depositor and the Owner Trustee.

The Depositor has filed with the Securities and Exchange Commission a registration statement on Form SF-3 (Registration Nos. 333-278415 and 333-278415-01), as amended by Pre-Effective Amendment No. 1, Pre-Effective Amendment No. 2, Post-Effective Amendment No. 1 and Post-Effective Amendment No. 2 thereto, for the registration of the Underwritten Notes and certain other securities under the Securities Act of 1933, as amended (the "<u>Securities Act</u>"). In this opinion letter, the foregoing registration statement, as so amended, at its effective date, including any documents and other information incorporated therein by reference, is called the "<u>Registration Statement</u>." As set forth in the Prospectus, for purposes other than U.S. federal income tax, the Underwritten Notes were issued pursuant to an Indenture, dated as of September 18, 2024 (the "<u>Series 2024-6 Indenture</u>"), between the Trust and U.S. Bank Trust Company, National Association, as indenture trustee (in such capacity, the "<u>Indenture Trustee</u>") and note

------

Verizon ABS II LLC

July 31, 2025

paying agent and were retained by Verizon DPPA True-up Trust (the "<u>True Up Trust</u>"). Pursuant to the Transfer Agreement, dated as of July 31, 2025, between the True Up Trust and the Depositor, the True Up Trust transferred the Underwritten Notes to the Depositor for the acquisition price set therein.

As such counsel, we have relied upon originals or copies of such corporate records, documents, agreements or other instruments of the Depositor as we consider appropriate. As to various questions of fact material to such opinions, we have relied, to the extent we deemed appropriate, upon representations, statements and certificates of officers and representatives of the Depositor and others, and have assumed, without independent inquiry, the accuracy of those representations, statements and certificates. In connection with this opinion, we have also examined and relied upon the Registration Statement, the Prospectus and the Series 2024-6 Indenture. In our examination, we have assumed the genuineness of all signatures, the conformity to the originals of all documents reviewed by us as copies, the authenticity and completeness of all original documents reviewed by us in original or copy form, and the legal competence of each individual executing any document.

Attorneys involved in the preparation of this opinion letter are admitted to practice law in the State of New York and we do not express any opinion herein concerning any law other than the federal tax laws of the United States of America.

Based on the foregoing and consideration of such other matters as we have deemed appropriate, we are of the opinion that as of the date hereof, the statements in the Prospectus under the headings "Summary—Tax Status" and "Certain U.S. Federal Income Tax Consequences," insofar as they purport to describe certain provisions of United States federal income tax law or legal conclusions with respect thereto, are correct in all material respects.

Our opinion above is based upon our interpretations of current law, including the Internal Revenue Code of 1986, as amended, judicial decisions, administrative rulings and existing final and temporary Treasury regulations, which are subject to change both prospectively and retroactively, and upon the facts and assumptions discussed herein. This opinion letter is limited to the matters set forth herein, and no opinions are intended to be implied or may be inferred beyond those expressly stated herein. In addition, our opinion is based on the assumption that the matter, if litigated, will be properly presented to the applicable court. Furthermore, our opinion is not binding on the Internal Revenue Service and there can be no assurance that the Internal Revenue Service will not take a contrary position.

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Verizon ABS II LLC

July 31, 2025

We hereby consent to the filing of this opinion letter as an exhibit to the Registration Statement and to the references to this firm in the Prospectus under the headings "Summary—Tax Status," "Certain U.S. Federal Income Tax Consequences" and "Legal Opinions." In rendering the foregoing opinions and giving such consent, we do not admit that we are "experts" within the meaning of the Securities Act.

Very truly yours,<br>/s/ Morgan, Lewis & Bockius LLP

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