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):  April 23, 2024
 
VERIZON MASTER TRUST
(Exact name of Issuing Entity as specified in its charter)
Commission File Number: 333-253034-01
Central Index Key: 0001844964
 
VERIZON ABS II LLC
(Exact name of Depositor/Registrant as specified in its charter)
Central Index Key: 0001836995
                                                                                                                          
Delaware
 
333-253034
 
23-2259884
(State or Other Jurisdiction of Incorporation of Registrant)
 
(Commission File Number of Registrant)
 
(IRS Employer Identification No. of Registrant)

CELLCO PARTNERSHIP
(Exact name of Sponsor as specified in its charter)
Central Index Key: 0001175215

One Verizon Way
Basking Ridge, New Jersey
 
07920
(Address of principal executive offices)
 
(Zip Code)

Registrant’s telephone number, including area code: (212) 395-1000
 
Not Applicable
(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
Not applicable
 
Not applicable
 
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 1.01                  Entry into a Material Definitive Agreement.
 
On April 23, 2024 (the “Closing Date”), Verizon Master Trust (the “Trust”) issued (i) Class A-1a Asset-Backed Notes with an initial note balance of $604,635,000; (ii) Class A-1b Asset-Backed Notes with an initial note balance of $175,000,000; (iii) Class B Asset-Backed Notes with an initial note balance of $59,605,000; and (iv) Class C Asset-Backed Notes with an initial note balance of $35,760,000 (collectively, the “Notes”), which are further described in the final prospectus dated April 16, 2024.  In connection with the issuance of the Notes, this Current Report on Form 8-K is being filed to file executed copies of the following agreements, each dated as of the Closing Date:

1.
an Indenture between the Trust, as issuer, and U.S. Bank Trust Company, National Association, as indenture trustee and note paying agent;


2.
a Series 2024-3 Account Control Agreement among the Trust, as grantor, U.S. Bank Trust Company, National Association, as secured party, and U.S. Bank National Association, as financial institution; and


3.
a Second Amended and Restated Asset Representations Review Agreement, among the Trust, Cellco Partnership d/b/a Verizon Wireless (“Cellco”), as servicer, and Pentalpha Surveillance LLC, as asset representations reviewer.
 
Item 9.01.
Financial Statements and Exhibits.


(a)
Not applicable.


(b)
Not applicable.


(c)
Not applicable.





(d)
Exhibits:


Exhibit No.
Description


1.1*


4.1**


4.2


10.1**



10.2**


10.3**


10.4**


10.5**


10.6**


10.7








10.8**


10.9


36.1*


99.1***


99.2****




99.3*****
_________
* Previously filed on Form 8-K on April 18, 2024.
** Previously filed on Form 8-K on May 25, 2021.
*** Previously filed on Form 8-K on November 4, 2021.
**** Previously filed on Form 8-K on August 11, 2022.
***** Previously filed on Form 8-K on December 22, 2023.

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
       
       
 
By:   
/s/ Kee Chan Sin
   
Name:  
Kee Chan Sin
   
Title:
Chief Financial Officer


Date:  April 23, 2024
 

ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

INDENTURE

SERIES 2024-3 ACCOUNT CONTROL AGREEMENT

SECOND AMENDED AND RESTATED ASSET REPRESENTATIONS REVIEW AGREEMENT