Material Event - Form 8-K

On April 16, 2024, Verizon Master Trust (the "Trust"), a Delaware statutory trust, and Cellco Partnership d/b/a Verizon Wireless ("Cellco") entered into an Underwriting Agreement (the "Underwriting Agreement") with of Wells Fargo Securities, LLC, Mizuho Securities USA LLC, RBC Capital Markets, LLC and SMBC Nikko Securities America, Inc., acting on behalf of themselves and as representatives of the several underwriters named therein, for the sale of certain notes of Series 2024-3. On or about April 23, 2024 (the "Closing Date"), the Trust will issue the following classes of notes in the following amounts: (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"). Attached as Exhibit 1.1 is the Underwriting Agreement.