BMW AUTO LEASING LLC as Transferor, and as Owner TrusteeTrust Agreement • July 8th, 2015 • Financial Services Vehicle Trust • Asset-backed securities • Delaware
This Amended and Restated Trust Agreement, dated as of [________], 20[__], is between BMW Auto Leasing LLC, a Delaware limited liability company, as transferor (the “Transferor”), and [__________], a national banking association, as trustee (the “Owner Trustee”).
BMW VEHICLE LEASE TRUST 20[__]-[__] Asset Backed Notes BMW AUTO LEASING LLC (DEPOSITOR) UNDERWRITING AGREEMENTVehicle Lease • July 8th, 2015 • Financial Services Vehicle Trust • Asset-backed securities • New York
BMW VEHICLE LEASE TRUST 20[__]-[__], as Issuer, BMW FINANCIAL SERVICES NA, LLC, as Administrator, BMW AUTO LEASING LLC, as Transferor, and as Indenture Trustee ISSUER ADMINISTRATION AGREEMENT Dated as of [________], 20[__]Issuer Administration Agreement • July 8th, 2015 • Financial Services Vehicle Trust • Asset-backed securities • New York
BMW MANUFACTURING L.P., as Transferor, and BMW AUTO LEASING LLC, as Transferee SUBI CERTIFICATE TRANSFER AGREEMENT Dated as of [________], 20[__]Certificate Transfer Agreement • July 8th, 2015 • Financial Services Vehicle Trust • Asset-backed securities • New York
BMW MANUFACTURING L.P., as Grantor and UTI Beneficiary, and BNY MELLON TRUST OF DELAWARE, formerly known as The Bank of New York (Delaware), as Vehicle TrusteeFinancial Services Vehicle Trust • July 8th, 2015 • Asset-backed securities
This 20[__]-[__] Vehicle Trust Supplement, dated as of [________], 20[__], is between BMW Manufacturing L.P., an Indiana limited partnership, as grantor and initial beneficiary (in such capacities, the “Grantor” and the “UTI Beneficiary”, respectively) and BNY Mellon Trust of Delaware, formerly known as The Bank of New York (Delaware), a Delaware banking association, as trustee (in such capacity, the “Vehicle Trustee”).
BMW VEHICLE LEASE TRUST 20[__]-[__] [____]% Asset Backed Notes, Class A-1 [____]% Asset Backed Notes, Class A-2a [____]% Asset Backed Notes, Class A-2b [____]% Asset Backed Notes, Class A-3 [____]% Asset Backed Notes, Class A-4 [____]% Asset Backed...Vehicle Lease • July 8th, 2015 • Financial Services Vehicle Trust • Asset-backed securities • New York
This Indenture, dated as of [________], 20[__], is between the BMW Vehicle Lease Trust 20[__]-[__], a Delaware statutory trust (the “Issuer”), and [__________], a [__________], as indenture trustee (the “Indenture Trustee”).
FINANCIAL SERVICES VEHICLE TRUST, as Vehicle Trust, and BMW MANUFACTURING L.P., as UTI Beneficiary, and BMW FINANCIAL SERVICES NA, LLC, as Servicer and SponsorFinancial Services • July 8th, 2015 • Financial Services Vehicle Trust • Asset-backed securities • New York
Investor Remittances and Reporting 1122(d)(3)(i) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of receivables serviced by the Servicer. 1122(d)(3)(ii) Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the transaction agreements. 1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number
FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 20[__]-[__], and as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of [________], 20[__]Security Agreement • July 8th, 2015 • Financial Services Vehicle Trust • Asset-backed securities • New York
BMW AUTO LEASING LLC, as Transferor, and BMW VEHICLE LEASE TRUST 20[__]-[__], as Transferee ISSUER SUBI CERTIFICATE TRANSFER AGREEMENT Dated as of [________], 20[__]Subi Certificate Transfer Agreement • July 8th, 2015 • Financial Services Vehicle Trust • Asset-backed securities • New York
This Issuer SUBI Certificate Transfer Agreement, dated as of [________], 20[__] (the “Agreement”), is between BMW Auto Leasing LLC, a Delaware limited liability company, as transferor (the “Transferor”), and BMW Vehicle Lease Trust 20[__]-[__], a Delaware statutory trust (the “Issuer”), as transferee (in such capacity, the “Transferee”).
