Exhibit 99.8
Monthly Investor Report: Verizon Master Trust - VZMT 2024-4
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Collection Period | August 2025 | |
Payment Date | 09/22/2025 | |
Transaction Month | 15 | |
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 |
6/22/26 | 06/20/2029 | $288,686,000.00 | 5.21% | 5.21% | |||||||||||||||||||||||||||
Class A-1b |
6/22/26 | 06/20/2029 | $245,918,000.00 | 33 | SOFR +0.55% | 09/15/2025 | 4.38143% | 4.93% | ||||||||||||||||||||||||
Class B |
6/22/26 | 06/20/2029 | $40,872,000.00 | 5.40% | 5.40% | |||||||||||||||||||||||||||
Class C |
6/22/26 | 06/20/2029 | $24,524,000.00 | 5.60% | 5.60% | |||||||||||||||||||||||||||
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Total |
$600,000,000.00 | |||||||||||||||||||||||||||||||
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Series 2024-4 Allocation % x Group One Available Funds |
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$41,242,263.27 | ||||||||||||||||||||||||||||||
Amounts paid by the Cap Counterparty |
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N/A | ||||||||||||||||||||||||||||||
Available Subordinated Amounts |
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$0.00 | ||||||||||||||||||||||||||||||
Amounts drawn on the Reserve Account |
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$0.00 | ||||||||||||||||||||||||||||||
Amounts released from Principal Funding Account |
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$0.00 | ||||||||||||||||||||||||||||||
Any amounts deposited by the Class A Certificateholder in connection with an Optional Redemption |
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Total Available Funds |
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$41,242,263.27 | ||||||||||||||||||||||||||||||
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Beginning of Period Reserve Account Balance |
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$6,539,509.54 | ||||||||||||||||||||||||||||||
Required Reserve Amount |
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$6,539,509.54 | ||||||||||||||||||||||||||||||
Shortfall in Required Reserve Amount |
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$0.00 | ||||||||||||||||||||||||||||||
Reserve Account funds needed this period (True/False) |
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FALSE | ||||||||||||||||||||||||||||||
Reserve Account draw amount required |
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0.00 | ||||||||||||||||||||||||||||||
Reserve Account Deposit Amount |
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$0.00 | ||||||||||||||||||||||||||||||
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End of Period Reserve Account Balance |
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$6,539,509.54 | ||||||||||||||||||||||||||||||
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Waterfall Distribution | Amount Due | Amount Paid | Shortfall | Carryover Shortfall |
Remaining Available Funds |
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Master Collateral Agent Fee |
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$44.41 | $44.41 | $0.00 | $0.00 | $41,242,218.86 | ||||||||||||||||||||||||||
Owner Trustee Fee |
$0.00 | $0.00 | $0.00 | $0.00 | $41,242,218.86 | |||||||||||||||||||||||||||
Asset Representations Reviewer Fee |
$24.49 | $24.49 | $0.00 | $0.00 | $41,242,194.37 | |||||||||||||||||||||||||||
Supplemental ARR Fee |
$97.94 | $97.94 | $0.00 | $0.00 | $41,242,096.43 | |||||||||||||||||||||||||||
Indenture Trustee Fee |
$1,250.00 | $1,250.00 | $0.00 | $0.00 | $41,240,846.43 | |||||||||||||||||||||||||||
Servicing Fee |
$464,850.27 | $464,850.27 | $0.00 | $0.00 | $40,775,996.16 | |||||||||||||||||||||||||||
Class A-1a Note Interest |
$1,253,378.38 | $1,253,378.38 | $0.00 | $0.00 | $39,522,617.78 | |||||||||||||||||||||||||||
Class A-1b Note Interest |
$1,111,666.79 | $1,111,666.79 | $0.00 | $0.00 | $38,410,950.99 | |||||||||||||||||||||||||||
First Priority Principal Payment |
$0.00 | $0.00 | $0.00 | $0.00 | $38,410,950.99 | |||||||||||||||||||||||||||
Class B Note Interest |
$183,924.00 | $183,924.00 | $0.00 | $0.00 | $38,227,026.99 | |||||||||||||||||||||||||||
Second Priority Principal Payment |
$0.00 | $0.00 | $0.00 | $0.00 | $38,227,026.99 | |||||||||||||||||||||||||||
Class C Note Interest |
$114,445.33 | $114,445.33 | $0.00 | $0.00 | $38,112,581.66 | |||||||||||||||||||||||||||
Third Priority Principal Payment |
$0.00 | $0.00 | $0.00 | $0.00 | $38,112,581.66 | |||||||||||||||||||||||||||
Reserve Account up to Required Reserve Amount |
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$0.00 | $0.00 | $0.00 | $0.00 | $38,112,581.66 | ||||||||||||||||||||||||||
Regular Priority Principal Payment |
$0.00 | $0.00 | $0.00 | $0.00 | $38,112,581.66 | |||||||||||||||||||||||||||
Supplemental Successor Servicer Fee |
$0.00 | $0.00 | $0.00 | $0.00 | $38,112,581.66 | |||||||||||||||||||||||||||
Additional Interest Amounts |
$0.00 | $0.00 | $0.00 | $0.00 | $38,112,581.66 | |||||||||||||||||||||||||||
Make-Whole Payments |
$0.00 | $0.00 | $0.00 | $0.00 | $38,112,581.66 | |||||||||||||||||||||||||||
Additional Fees and Expenses |
$0.00 | $0.00 | $0.00 | $0.00 | $38,112,581.66 | |||||||||||||||||||||||||||
Additional Trust Expenses |
$0.00 | $0.00 | $0.00 | $0.00 | $38,112,581.66 | |||||||||||||||||||||||||||
Class R Interest |
$38,112,581.66 | $38,112,581.66 | $0.00 | $0.00 | $0.00 | |||||||||||||||||||||||||||
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Total |
$41,242,263.27 | $41,242,263.27 | $0.00 | $0.00 | ||||||||||||||||||||||||||||
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Total Priority Principal Payments and Additional Interest Amounts |
$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 | $1,253,378.38 | $0.00 | $0.00 | $1,253,378.38 | ||||||||||||||||||||||||||
Class A-1b |
$0.00 | $0.00 | $1,111,666.79 | $0.00 | $0.00 | $1,111,666.79 | ||||||||||||||||||||||||||
Class B |
$0.00 | $0.00 | $183,924.00 | $0.00 | $0.00 | $183,924.00 | ||||||||||||||||||||||||||
Class C |
$0.00 | $0.00 | $114,445.33 | $0.00 | $0.00 | $114,445.33 | ||||||||||||||||||||||||||
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Total |
$0.00 | $0.00 | $2,663,414.50 | $0.00 | $0.00 | $2,663,414.50 | ||||||||||||||||||||||||||
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Noteholder Payments | Note Balance | Payment per $1,000 of Notes | As of Prior Payment Date | Current Payment Date | ||||||||||||||||||||||||||||
per $1,000 of Notes | Interest Payment | Make-Whole Payment | Total Payment | Balance | Note Pool Factor | Balance | Note Pool Factor | |||||||||||||||||||||||||
Class A-1a |
$1,000.00 | $4.34 | $0.00 | $4.34 | $288,686,000.00 | 1.00 | $288,686,000.00 | 1.00 | ||||||||||||||||||||||||
Class A-1b |
$1,000.00 | $4.52 | $0.00 | $4.52 | $245,918,000.00 | 1.00 | $245,918,000.00 | 1.00 | ||||||||||||||||||||||||
Class B |
$1,000.00 | $4.50 | $0.00 | $4.50 | $40,872,000.00 | 1.00 | $40,872,000.00 | 1.00 | ||||||||||||||||||||||||
Class C |
$1,000.00 | $4.67 | $0.00 | $4.67 | $24,524,000.00 | 1.00 | $24,524,000.00 | 1.00 | ||||||||||||||||||||||||
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Total |
$1,000.00 | $4.44 | $0.00 | $4.44 | $600,000,000.00 | 1.00 | $600,000,000.00 | 1.00 | ||||||||||||||||||||||||
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Beginning Period | Add: Deposit | Ending Period | ||||||||||||||||||||||||||||||
Principal Funding Account Limit |
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$300,000,000.00 | $300,000,000.00 | |||||||||||||||||||||||||||||
Principal Funding Account balance |
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$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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