Exhibit 99.7
Monthly Investor Report: Verizon Master Trust - VZMT 2024-8
| Collection Period |
Payment Date | Transaction Month | Series Status at End of Prior Payment Date | |||||||||||||||||||||||||||||
| April 2026 | 05/20/2026 | 18 | 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 | 30 | SOFR +0.42 | % | 05/13/2026 | 3.64285 | % | 4.06 | % | ||||||||||||||||||||
| 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 |
$ | 65,933,831.73 | ||
| 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 |
$ | 65,933,831.73 |
| 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 |
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| Master Collateral Agent Fee |
$ | 73.10 | $ | 73.10 | $ | 0.00 | $ | 0.00 | $ | 65,933,758.63 | ||||||||||
| Owner Trustee Fee |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 65,933,758.63 | ||||||||||
| Asset Representations Reviewer Fee |
$ | 38.15 | $ | 38.15 | $ | 0.00 | $ | 0.00 | $ | 65,933,720.48 | ||||||||||
| Supplemental ARR Fee |
$ | 152.59 | $ | 152.59 | $ | 0.00 | $ | 0.00 | $ | 65,933,567.89 | ||||||||||
| Indenture Trustee Fee |
$ | 1,250.00 | $ | 1,250.00 | $ | 0.00 | $ | 0.00 | $ | 65,932,317.89 | ||||||||||
| Servicing Fee |
$ | 771,105.03 | $ | 771,105.03 | $ | 0.00 | $ | 0.00 | $ | 65,161,212.86 | ||||||||||
| Class A-1a Note Interest |
$ | 3,141,638.50 | $ | 3,141,638.50 | $ | 0.00 | $ | 0.00 | $ | 62,019,574.36 | ||||||||||
| Class A-1b Note Interest |
$ | 253,928.13 | $ | 253,928.13 | $ | 0.00 | $ | 0.00 | $ | 61,765,646.23 | ||||||||||
| First Priority Principal Payment |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 61,765,646.23 | ||||||||||
| Class B Note Interest |
$ | 273,615.33 | $ | 273,615.33 | $ | 0.00 | $ | 0.00 | $ | 61,492,030.90 | ||||||||||
| Second Priority Principal Payment |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 61,492,030.90 | ||||||||||
| Class C Note Interest |
$ | 169,951.08 | $ | 169,951.08 | $ | 0.00 | $ | 0.00 | $ | 61,322,079.82 | ||||||||||
| Third Priority Principal Payment |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 61,322,079.82 | ||||||||||
| Reserve Account up to Required Reserve Amount |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 61,322,079.82 | ||||||||||
| Regular Priority Principal Payment |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 61,322,079.82 | ||||||||||
| Supplemental Successor Servicer Fee |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 61,322,079.82 | ||||||||||
| Additional Interest Amounts |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 61,322,079.82 | ||||||||||
| Make-Whole Payments |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 61,322,079.82 | ||||||||||
| Additional Fees and Expenses |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 61,322,079.82 | ||||||||||
| Additional Trust Expenses |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 61,322,079.82 | ||||||||||
| Class R Interest |
$ | 61,322,079.82 | $ | 61,322,079.82 | $ | 0.00 | $ | 0.00 | $ | 0.00 | ||||||||||
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| Total |
$ | 65,933,831.73 | $ | 65,933,831.73 | $ | 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 | $ | 3,141,638.50 | $ | 0.00 | $ | 0.00 | $ | 3,141,638.50 | ||||||||||||
| Class A-1b |
$ | 0.00 | $ | 0.00 | $ | 253,928.13 | $ | 0.00 | $ | 0.00 | $ | 253,928.13 | ||||||||||||
| 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 | $ | 3,839,133.04 | $ | 0.00 | $ | 0.00 | $ | 3,839,133.04 | ||||||||||||
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| Noteholder | Note Balance | Payment per $1,000 of Notes | As of Prior Payment Date | Current Payment Date | ||||||||||||||||||||||||||||
| Payments | 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 | $ | 3.39 | $ | 0.00 | $ | 3.39 | $ | 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 | $ | 3.84 | $ | 0.00 | $ | 3.84 | $ | 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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