Exhibit 99.10
| Monthly Investor Report: Verizon Master Trust - VZMT 2024-8 | ||
| Collection Period | August 2025 | |
| Payment Date | 09/22/2025 | |
| Transaction Month | 10 | |
| Series Status at End of Prior Payment Date | Revolving | |
| Offered Notes | Anticipated Redemption Date |
Final Maturity Date |
Issuance Note Balance |
SOFR: Days in the Interest Period |
Note Interest Rate | SOFR Adjustment Date |
SOFR30A | Total | ||||||||||||||||||||||||
| Class A-1a |
11/22/27 | 11/20/2030 | $816,010,000.00 | 4.62% | 4.62% | |||||||||||||||||||||||||||
| Class A-1b |
11/22/27 | 11/20/2030 | $75,000,000.00 | 33 | SOFR +0.42% | 09/15/2025 | 4.38143% | 4.80% | ||||||||||||||||||||||||
| Class B |
11/22/27 | 11/20/2030 | $68,120,000.00 | 4.82% | 4.82% | |||||||||||||||||||||||||||
| Class C |
11/22/27 | 11/20/2030 | $40,870,000.00 | 4.99% | 4.99% | |||||||||||||||||||||||||||
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| Total |
$1,000,000,000.00 | |||||||||||||||||||||||||||||||
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| Series 2024-8 Allocation % x Group One Available Funds |
|
$68,326,288.83 | ||||||||||||||||||||||||||||||
| Amounts paid by the Cap Counterparty |
|
N/A | ||||||||||||||||||||||||||||||
| Available Subordinated Amounts |
|
$0.00 | ||||||||||||||||||||||||||||||
| Amounts drawn on the Reserve Account |
|
$0.00 | ||||||||||||||||||||||||||||||
| Amounts released from Principal Funding Account |
|
$0.00 | ||||||||||||||||||||||||||||||
| Any amounts deposited by the Class A Certificateholder in connection with an Optional Redemption |
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| Total Available Funds |
$68,326,288.83 | |||||||||||||||||||||||||||||||
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| Beginning of Period Reserve Account Balance |
|
$10,899,182.56 | ||||||||||||||||||||||||||||||
| Required Reserve Amount |
|
$10,899,182.56 | ||||||||||||||||||||||||||||||
| Shortfall in Required Reserve Amount |
|
$0.00 | ||||||||||||||||||||||||||||||
| Reserve Account funds needed this period (True/False) |
|
FALSE | ||||||||||||||||||||||||||||||
| Reserve Account draw amount required |
|
0.00 | ||||||||||||||||||||||||||||||
| Reserve Account Deposit Amount |
|
$0.00 | ||||||||||||||||||||||||||||||
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| End of Period Reserve Account Balance |
|
$10,899,182.56 | ||||||||||||||||||||||||||||||
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| Waterfall Distribution | Amount Due | Amount Paid | Shortfall | Carryover Shortfall |
Remaining Available Funds |
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| Master Collateral Agent Fee |
|
$73.58 | $73.58 | $0.00 | $0.00 | $68,326,215.25 | ||||||||||||||||||||||||||
| Owner Trustee Fee |
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$0.00 | $0.00 | $0.00 | $0.00 | $68,326,215.25 | ||||||||||||||||||||||||||
| Asset Representations Reviewer Fee |
|
$40.57 | $40.57 | $0.00 | $0.00 | $68,326,174.68 | ||||||||||||||||||||||||||
| Supplemental ARR Fee |
|
$162.27 | $162.27 | $0.00 | $0.00 | $68,326,012.41 | ||||||||||||||||||||||||||
| Indenture Trustee Fee |
|
$1,250.00 | $1,250.00 | $0.00 | $0.00 | $68,324,762.41 | ||||||||||||||||||||||||||
| Servicing Fee |
|
$770,120.05 | $770,120.05 | $0.00 | $0.00 | $67,554,642.36 | ||||||||||||||||||||||||||
| Class A-1a Note Interest |
|
$3,141,638.50 | $3,141,638.50 | $0.00 | $0.00 | $64,413,003.86 | ||||||||||||||||||||||||||
| Class A-1b Note Interest |
|
$330,098.31 | $330,098.31 | $0.00 | $0.00 | $64,082,905.55 | ||||||||||||||||||||||||||
| First Priority Principal Payment |
|
$0.00 | $0.00 | $0.00 | $0.00 | $64,082,905.55 | ||||||||||||||||||||||||||
| Class B Note Interest |
|
$273,615.33 | $273,615.33 | $0.00 | $0.00 | $63,809,290.22 | ||||||||||||||||||||||||||
| Second Priority Principal Payment |
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$0.00 | $0.00 | $0.00 | $0.00 | $63,809,290.22 | ||||||||||||||||||||||||||
| Class C Note Interest |
|
$169,951.08 | $169,951.08 | $0.00 | $0.00 | $63,639,339.14 | ||||||||||||||||||||||||||
| Third Priority Principal Payment |
|
$0.00 | $0.00 | $0.00 | $0.00 | $63,639,339.14 | ||||||||||||||||||||||||||
| Reserve Account up to Required Reserve Amount |
|
$0.00 | $0.00 | $0.00 | $0.00 | $63,639,339.14 | ||||||||||||||||||||||||||
| Regular Priority Principal Payment |
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$0.00 | $0.00 | $0.00 | $0.00 | $63,639,339.14 | ||||||||||||||||||||||||||
| Supplemental Successor Servicer Fee |
|
$0.00 | $0.00 | $0.00 | $0.00 | $63,639,339.14 | ||||||||||||||||||||||||||
| Additional Interest Amounts |
|
$0.00 | $0.00 | $0.00 | $0.00 | $63,639,339.14 | ||||||||||||||||||||||||||
| Make-Whole Payments |
|
$0.00 | $0.00 | $0.00 | $0.00 | $63,639,339.14 | ||||||||||||||||||||||||||
| Additional Fees and Expenses |
|
$0.00 | $0.00 | $0.00 | $0.00 | $63,639,339.14 | ||||||||||||||||||||||||||
| Additional Trust Expenses |
|
$0.00 | $0.00 | $0.00 | $0.00 | $63,639,339.14 | ||||||||||||||||||||||||||
| Class R Interest |
$63,639,339.14 | $63,639,339.14 | $0.00 | $0.00 | $0.00 | |||||||||||||||||||||||||||
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| Total |
$68,326,288.83 | $68,326,288.83 | $0.00 | $0.00 | ||||||||||||||||||||||||||||
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| Total Priority Principal Payments and Additional Interest Amounts |
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$0.00 | ||||||||||||||||||||||||||||||
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| Noteholder Payments | Note Balance | PFA Account | Interest Payment | Add’l Interest | Make-Whole | Total Payment | ||||||||||||||||||||||||||
| Class A-1a |
|
$0.00 | $0.00 | $3,141,638.50 | $0.00 | $0.00 | $3,141,638.50 | |||||||||||||||||||||||||
| Class A-1b |
|
$0.00 | $0.00 | $330,098.31 | $0.00 | $0.00 | $330,098.31 | |||||||||||||||||||||||||
| Class B |
|
$0.00 | $0.00 | $273,615.33 | $0.00 | $0.00 | $273,615.33 | |||||||||||||||||||||||||
| Class C |
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$0.00 | $0.00 | $169,951.08 | $0.00 | $0.00 | $169,951.08 | |||||||||||||||||||||||||
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| Total |
$0.00 | $0.00 | $3,915,303.22 | $0.00 | $0.00 | $3,915,303.22 | ||||||||||||||||||||||||||
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| Noteholder Payments | Note Balance per $1,000 of Notes |
Payment per $1,000 of Notes | As of Prior Payment Date | Current Payment Date | ||||||||||||||||||||||||||||
| Interest Payment |
Make-Whole Payment | Total Payment | Balance | Note Pool Factor | Balance | Note Pool Factor | ||||||||||||||||||||||||||
| Class A-1a |
$1,000.00 | $3.85 | $0.00 | $3.85 | $816,010,000.00 | 1.00 | $816,010,000.00 | 1.00 | ||||||||||||||||||||||||
| Class A-1b |
$1,000.00 | $4.40 | $0.00 | $4.40 | $75,000,000.00 | 1.00 | $75,000,000.00 | 1.00 | ||||||||||||||||||||||||
| Class B |
$1,000.00 | $4.02 | $0.00 | $4.02 | $68,120,000.00 | 1.00 | $68,120,000.00 | 1.00 | ||||||||||||||||||||||||
| Class C |
$1,000.00 | $4.16 | $0.00 | $4.16 | $40,870,000.00 | 1.00 | $40,870,000.00 | 1.00 | ||||||||||||||||||||||||
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| Total |
$1,000.00 | $3.92 | $0.00 | $3.92 | $1,000,000,000.00 | 1.00 | $1,000,000,000.00 | 1.00 | ||||||||||||||||||||||||
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| Beginning Period | Add: Deposit | Ending Period | ||||||||||||||||||||||||||||||
| Principal Funding Account Limit |
|
$500,000,000.00 | $500,000,000.00 | |||||||||||||||||||||||||||||
| Principal Funding Account balance |
|
$0.00 | $0.00 | $0.00 | ||||||||||||||||||||||||||||
Note: Information regarding Amortization Event Tests and Excess Concentration Amounts can be found on the Verizon Master Trust report filed as Exhibit 99.1 to this Form 10-D.
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