Exhibit 99.7
| Monthly Investor Report: Verizon Master Trust - VZMT 2024-8
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| Collection Period | Payment Date | Transaction Month | Series Status at End of Prior Payment Date | |||
| February 2026 | 03/20/2026 | 16 | 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 | 28 | SOFR +0.42% | 03/13/2026 | 3.67223% | 4.09 | % | |||||||||||||||||||||||
| 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 |
$63,152,793.26 | |||
| 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 |
$63,152,793.26 | |||
| 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 | |||
| End of Period Reserve Account Balance |
$10,899,182.56 | |||
| Waterfall Distribution | Amount Due | Amount Paid | Shortfall | Carryover Shortfall | Remaining Available Funds | |||||||||||||||||||
| Master Collateral Agent Fee |
$71.39 | $71.39 | $0.00 | $0.00 | $63,152,721.87 | |||||||||||||||||||
| Owner Trustee Fee |
$0.00 | $0.00 | $0.00 | $0.00 | $63,152,721.87 | |||||||||||||||||||
| Asset Representations Reviewer Fee |
$44.88 | $44.88 | $0.00 | $0.00 | $63,152,676.99 | |||||||||||||||||||
| Supplemental ARR Fee |
$179.54 | $179.54 | $0.00 | $0.00 | $63,152,497.45 | |||||||||||||||||||
| Indenture Trustee Fee |
$1,250.00 | $1,250.00 | $0.00 | $0.00 | $63,151,247.45 | |||||||||||||||||||
| Servicing Fee |
$772,905.20 | $772,905.20 | $0.00 | $0.00 | $62,378,342.25 | |||||||||||||||||||
| Class A-1a Note Interest |
$3,141,638.50 | $3,141,638.50 | $0.00 | $0.00 | $59,236,703.75 | |||||||||||||||||||
| Class A-1b Note Interest |
$238,713.42 | $238,713.42 | $0.00 | $0.00 | $58,997,990.33 | |||||||||||||||||||
| First Priority Principal Payment |
$0.00 | $0.00 | $0.00 | $0.00 | $58,997,990.33 | |||||||||||||||||||
| Class B Note Interest |
$273,615.33 | $273,615.33 | $0.00 | $0.00 | $58,724,375.00 | |||||||||||||||||||
| Second Priority Principal Payment |
$0.00 | $0.00 | $0.00 | $0.00 | $58,724,375.00 | |||||||||||||||||||
| Class C Note Interest |
$169,951.08 | $169,951.08 | $0.00 | $0.00 | $58,554,423.92 | |||||||||||||||||||
| Third Priority Principal Payment |
$0.00 | $0.00 | $0.00 | $0.00 | $58,554,423.92 | |||||||||||||||||||
| Reserve Account up to Required Reserve Amount |
$0.00 | $0.00 | $0.00 | $0.00 | $58,554,423.92 | |||||||||||||||||||
| Regular Priority Principal Payment |
$0.00 | $0.00 | $0.00 | $0.00 | $58,554,423.92 | |||||||||||||||||||
| Supplemental Successor Servicer Fee |
$0.00 | $0.00 | $0.00 | $0.00 | $58,554,423.92 | |||||||||||||||||||
| Additional Interest Amounts |
$0.00 | $0.00 | $0.00 | $0.00 | $58,554,423.92 | |||||||||||||||||||
| Make-Whole Payments |
$0.00 | $0.00 | $0.00 | $0.00 | $58,554,423.92 | |||||||||||||||||||
| Additional Fees and Expenses |
$0.00 | $0.00 | $0.00 | $0.00 | $58,554,423.92 | |||||||||||||||||||
| Additional Trust Expenses |
$0.00 | $0.00 | $0.00 | $0.00 | $58,554,423.92 | |||||||||||||||||||
| Class R Interest |
$58,554,423.92 | $58,554,423.92 | $0.00 | $0.00 | $0.00 | |||||||||||||||||||
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| Total |
$63,152,793.26 | $63,152,793.26 | $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 | $238,713.42 | $0.00 | $0.00 | $238,713.42 | ||||||||||||||||||
| Class B |
$0.00 | $0.00 | $273,615.33 | $0.00 | $0.00 | $273,615.33 | ||||||||||||||||||
| Class C |
$0.00 | $0.00 | $169,951.08 | $0.00 | $0.00 | $169,951.08 | ||||||||||||||||||
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| Total |
$0.00 | $0.00 | $3,823,918.33 | $0.00 | $0.00 | $3,823,918.33 | ||||||||||||||||||
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| Noteholder Payments | Note Balance | Payment per $1,000 of Notes
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As of Prior Payment Date
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Current Payment Date
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| 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 | $3.85 | $0.00 | $3.85 | $816,010,000.00 | 1.00 | $816,010,000.00 | 1.00 | ||||||||||||||||||||||||
| Class A-1b |
$1,000.00 | $3.18 | $0.00 | $3.18 | $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 | $3.82 | $0.00 | $3.82 | $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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