SEC Contract Filing

Filing Date: 2020-10-29

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>5
<FILENAME>exhibit10-2.htm
<DESCRIPTION>ORIGINATOR RECEIVABLES TRANSFER AGREEMENT
<TEXT>
<html>
 <head>
 <title></title>
 <!-- Licensed to: morganlewis
 Document created using EDGARfilings PROfile 7.0.1.0
 Copyright 1995 - 2020 Broadridge -->
 </head>
<body style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;" bgcolor="#ffffff">
 <div>
 <div style="font-family: 'Times New Roman';">
 <div style="text-align: right; font-weight: bold;">Exhibit 10.2</div>
 <div>
 <div><br>
 </div>
 <div><br>
 </div>
 </div>
 <div>
 <table id="z2ec25ffe4c064ba495aea80c5528c349" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" border="0" cellpadding="0" cellspacing="0">

 <tr>
 <td style="border-bottom: 3px double #000000; width: 100%;">
 <div>&#160;</div>
 </td>
 </tr>

 </table>
 </div>
 <div><br>
 </div>
 <div><br>
 </div>
 <div><br>
 </div>
 <div><br>
 </div>
 <div style="text-align: center;">FORM OF ORIGINATOR RECEIVABLES TRANSFER AGREEMENT</div>
 <div><br>
 </div>
 <div style="text-align: center;">between</div>
 <div><br>
 </div>
 <div style="text-align: center;">THE VARIOUS ORIGINATORS FROM TIME TO TIME PARTY HERETO,<br>
 as Originators</div>
 <div><br>
 </div>
 <div style="text-align: center;">and</div>
 <div><br>
 </div>
 <div style="text-align: center;">VERIZON ABS LLC,<br>
 as Depositor</div>
 <div><br>
 </div>
 <div><br>
 </div>
 <div><br>
 </div>
 <div><br>
 </div>
 <div style="text-align: center;">Dated as of November 2, 2020</div>
 <div><br>
 </div>
 <div><br>
 </div>
 <div>
 <div>
 <div><br>
 </div>
 </div>
 <div>
 <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; color: #000000; width: 100%;" border="0" cellpadding="0" cellspacing="0">

 <tr>
 <td style="border-bottom: 3px double #000000; width: 100%;">
 <div>&#160;</div>
 </td>
 </tr>

 </table>
 </div>
 <div><br>
 </div>
 </div>
 <div>
 <div><br>
 </div>
 </div>
 <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
 <div style="page-break-after:always;" id="DSPFPageBreak">
 <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
 </div>
 <!--PROfilePageNumberReset%LCR%1%-%-%-->
 <div style="text-align: center; font-weight: bold;">TABLE OF CONTENTS</div>
 <div><br>
 </div>
 <div style="text-align: right; font-weight: bold;">Page</div>
 <div><br>
 </div>
 <table style="font-family: 'Times New Roman',Times,serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: rgb(0, 0, 0);" id="ze7ae67bb28cb4b74adf4827445cf79ae" border="0" cellpadding="0" cellspacing="0">

 <tr>
 <td style="width: 90pt; vertical-align: top;">
 <div style="font-family: 'Times New Roman';">ARTICLE I</div>
 </td>
 <td style="vertical-align: top;">
 <div style="font-family: 'Times New Roman';">USAGE AND DEFINITIONS</div>
 </td>
 <td style="width: 50pt; vertical-align: bottom; text-align: right;">
 <div style="font-family: 'Times New Roman';">1</div>
 </td>
 </tr>
 <tr>
 <td style="width: 90pt; vertical-align: top;">&#160;</td>
 <td style="vertical-align: top;">&#160;</td>
 <td style="width: 50pt; vertical-align: bottom; text-align: right;">&#160;</td>
 </tr>
 <tr>
 <td style="width: 90pt; vertical-align: top;">
 <div style="margin-left: 35.3pt; font-family: 'Times New Roman';">Section 1.1.</div>
 </td>
 <td style="vertical-align: top;">
 <div style="margin-left: 35.3pt; font-family: 'Times New Roman';">Usage and Definitions</div>
 </td>
 <td style="width: 50pt; vertical-align: bottom; text-align: right;">
 <div style="font-family: 'Times New Roman';">1</div>
 </td>
 </tr>
 <tr>
 <td style="width: 90pt; vertical-align: top;">&#160;</td>
 <td style="vertical-align: top;">&#160;</td>
 <td style="width: 50pt; vertical-align: bottom; text-align: right;">&#160;</td>
 </tr>
 <tr>
 <td style="width: 90pt; vertical-align: top;">
 <div style="font-family: 'Times New Roman';">ARTICLE II</div>
 </td>
 <td style="vertical-align: top;">
 <div style="font-family: 'Times New Roman';">TRANSFER OF ORIGINATOR TRANSFERRED PROPERTY</div>
 </td>
 <td style="width: 50pt; vertical-align: bottom; text-align: right;">
 <div style="font-family: 'Times New Roman';">1</div>
 </td>
 </tr>
 <tr>
 <td style="width: 90pt; vertical-align: top;">&#160;</td>
 <td style="vertical-align: top;">&#160;</td>
 <td style="width: 50pt; vertical-align: bottom; text-align: right;">&#160;</td>
 </tr>
 <tr>
 <td style="width: 90pt; vertical-align: top;">
 <div style="margin-left: 35.3pt; font-family: 'Times New Roman';">Section 2.1.</div>
 </td>
 <td style="vertical-align: top;">
 <div style="margin-left: 35.3pt; font-family: 'Times New Roman';">Transfers and Absolute Assignments of Originator Transferred Property</div>
 </td>
 <td style="width: 50pt; vertical-align: bottom; text-align: right;">
 <div style="font-family: 'Times New Roman';">1</div>
 </td>
 </tr>
 <tr>
 <td style="width: 90pt; vertical-align: top;">
 <div style="margin-left: 35.3pt; font-family: 'Times New Roman';">Section 2.2.</div>
 </td>
 <td style="vertical-align: top;">
 <div style="margin-left: 35.3pt; font-family: 'Times New Roman';">Acquisition of Receivables</div>
 </td>
 <td style="width: 50pt; vertical-align: bottom; text-align: right;">
 <div style="font-family: 'Times New Roman';">3</div>
 </td>
 </tr>
 <tr>
 <td style="width: 90pt; vertical-align: top;">
 <div style="margin-left: 35.3pt; font-family: 'Times New Roman';">Section 2.3.</div>
 </td>
 <td style="vertical-align: top;">
 <div style="margin-left: 35.3pt; font-family: 'Times New Roman';">Acknowledgement of Further Assignments</div>
 </td>
 <td style="width: 50pt; vertical-align: bottom; text-align: right;">
 <div style="font-family: 'Times New Roman';">3</div>
 </td>
 </tr>
 <tr>
 <td style="width: 90pt; vertical-align: top;">
 <div style="margin-left: 35.3pt; font