FORM OF AMENDED AND RESTATED TRUST AGREEMENT between BMW FS SECURITIES LLC, as Depositor, and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Owner Trustee Dated as of July 15, 2020Trust Agreement • July 10th, 2020 • BMW Vehicle Owner Trust 2020-A • Asset-backed securities • Delaware
THIS AMENDED AND RESTATED TRUST AGREEMENT, dated as of July 15, 2020, is between BMW FS SECURITIES LLC, a Delaware limited liability company, as depositor (the “Depositor”), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as owner trustee (the “Owner Trustee”).
FORM OF RECEIVABLES PURCHASE AGREEMENT between BMW FINANCIAL SERVICES NA, LLC, as Seller, and BMW FS SECURITIES LLC, as Depositor Dated as of July 15, 2020Receivables Purchase Agreement • July 10th, 2020 • BMW Vehicle Owner Trust 2020-A • Asset-backed securities • New York
THIS RECEIVABLES PURCHASE AGREEMENT dated as of July 15, 2020, is between BMW FINANCIAL SERVICES NA, LLC, a Delaware limited liability company (the “Seller”), and BMW FS SECURITIES LLC, a Delaware limited liability company, as depositor (the “Depositor”).
FORM OF OWNER TRUST ADMINISTRATION AGREEMENT among BMW VEHICLE OWNER TRUST 2020-A, as Issuer, BMW FINANCIAL SERVICES NA, LLC, as Owner Trust Administrator, and U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee Dated as of July 15, 2020Owner Trust Administration Agreement • July 10th, 2020 • BMW Vehicle Owner Trust 2020-A • Asset-backed securities • New York
FORM OF ASSET REPRESENTATIONS REVIEW AGREEMENT BMW VEHICLE OWNER TRUST 2020-A, as Issuer and BMW FINANCIAL SERVICES NA, LLC, as ServicerAsset Representations Review Agreement • July 10th, 2020 • BMW Vehicle Owner Trust 2020-A • Asset-backed securities • New York
This ASSET REPRESENTATIONS REVIEW AGREEMENT (this “Agreement”), entered into as of the 15th day of July 2020, by and among BMW VEHICLE OWNER TRUST 2020-A, a Delaware statutory trust (the “Issuer”), BMW FINANCIAL SERVICES NA, LLC, a Delaware limited liability company (the “Servicer”), and CLAYTON FIXED INCOME SERVICES LLC, a Delaware limited liability company (the “Asset Representations Reviewer”).
FORM OF SALE AND SERVICING AGREEMENT among BMW VEHICLE OWNER TRUST 2020-A, as Issuer, BMW FS SECURITIES LLC, as Depositor, BMW FINANCIAL SERVICES NA, LLC, as Sponsor, Servicer, Administrator and Custodian, and U.S. BANK NATIONAL ASSOCIATION, as...Sale and Servicing Agreement • July 10th, 2020 • BMW Vehicle Owner Trust 2020-A • Asset-backed securities • New York
THIS SALE AND SERVICING AGREEMENT, dated as of July 15, 2020 (this “Agreement”), is among BMW VEHICLE OWNER TRUST 2020-A, a Delaware statutory trust (the “Issuer”), BMW FS SECURITIES LLC, a Delaware limited liability company (the “Depositor”), BMW FINANCIAL SERVICES NA, LLC, a Delaware limited liability company (“BMW FS”), as sponsor (in such capacity, the “Sponsor”), as servicer (in such capacity, the “Servicer”), as administrator (in such capacity, the “Administrator”) and as custodian (in such capacity, the “Custodian”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the “Indenture Trustee”).
BMW VEHICLE OWNER TRUST 2020-A $1,000,000,000 ASSET BACKED NOTES BMW FS SECURITIES LLC (DEPOSITOR) UNDERWRITING AGREEMENTBMW Vehicle Owner Trust 2020-A • July 10th, 2020 • Asset-backed securities • New York
FORM OF INDENTURE between BMW VEHICLE OWNER TRUST 2020-A, as Issuer, and U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee Dated as of July 15, 2020Trust Agreement • July 10th, 2020 • BMW Vehicle Owner Trust 2020-A • Asset-backed securities • New York
THIS INDENTURE, dated as of July 15, 2020, is between BMW VEHICLE OWNER TRUST 2020-A, a Delaware statutory trust (the “Issuer”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as trustee and not in its individual capacity (the “Indenture Trustee”).
