Sale And Servicing Agreement Sample Contracts

CarMax Auto Owner Trust 2018-2 – CARMAX AUTO OWNER TRUST 2018-2, as Issuer, CARMAX AUTO FUNDING LLC, as Depositor, and CARMAX BUSINESS SERVICES, LLC, as Servicer SALE AND SERVICING AGREEMENT Dated as of April 1, 2018 (April 20th, 2018)

SALE AND SERVICING AGREEMENT, dated as of April 1, 2018 (as amended, supplemented or otherwise modified and in effect from time to time, this Agreement), among CARMAX AUTO OWNER TRUST 2018-2, a Delaware statutory trust (the Trust), CARMAX AUTO FUNDING LLC, a Delaware limited liability company (the Depositor), and CARMAX BUSINESS SERVICES, LLC, a Delaware limited liability company (CarMax), as servicer (in such capacity, the Servicer).

Santander Drive Auto Receivables Trust 2018-2 – SALE AND SERVICING AGREEMENT by and Among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2018-2, as Issuer SANTANDER DRIVE AUTO RECEIVABLES LLC, as Seller SANTANDER CONSUMER USA INC., as Servicer and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture Trustee Dated as of April 18, 2018 (April 19th, 2018)

SALE AND SERVICING AGREEMENT, dated as of April 18, 2018 (as amended, supplemented or otherwise modified and in effect from time to time, this Agreement), by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2018-2, a Delaware statutory trust (the Issuer), SANTANDER DRIVE AUTO RECEIVABLES LLC, a Delaware limited liability company, as seller (the Seller), SANTANDER CONSUMER USA INC., an Illinois corporation (Santander Consumer), as servicer (in such capacity, the Servicer), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the Indenture Trustee).

Hyundai Auto Receivables Trust 2018-A – SALE AND SERVICING AGREEMENT Among HYUNDAI AUTO RECEIVABLES TRUST 2018-A, Issuer, HYUNDAI ABS FUNDING, LLC, Depositor, HYUNDAI CAPITAL AMERICA, Seller and Servicer, and CITIBANK, N.A., Indenture Trustee Dated as of April 18, 2018 (April 19th, 2018)

This SALE AND SERVICING AGREEMENT, dated as of April 18, 2018, among HYUNDAI AUTO RECEIVABLES TRUST 2018-A, a Delaware statutory trust (the "Issuer"), HYUNDAI ABS FUNDING, LLC, a Delaware limited liability company (the "Depositor"), HYUNDAI CAPITAL AMERICA, a California corporation, as servicer (in such capacity, the "Servicer") and as seller (in such capacity, the "Seller"), and CITIBANK, N.A., a national banking association, as indenture trustee (the "Indenture Trustee").

Eighth Commitment Amendment to Loan Sale and Servicing Agreement (April 12th, 2018)

THIS EIGHTH COMMITMENT AMENDMENT TO LOAN SALE AND SERVICING AGREEMENT (this "Eighth Amendment"), dated as of April 6, 2018, is entered into by and among BBCV Receivables-Q 2010 LLC, a Delaware limited liability company, as seller (the "Seller"), Quorum Federal Credit Union, a federally chartered credit union, as buyer (the "Buyer"), Vacation Trust, Inc., a Florida Corporation, as Club Trustee (the "Club Trustee"), U.S. Bank National Association, a national banking association, as custodian and paying agent (the "Custodian"), Bluegreen Vacations Corporation, a Florida corporation, as servicer (the "Servicer"), and Concord Servicing Corporation, an Arizona corporation, as backup servicer (the "Backup Servicer").

Eighth Commitment Amendment to Loan Sale and Servicing Agreement (April 12th, 2018)

THIS EIGHTH COMMITMENT AMENDMENT TO LOAN SALE AND SERVICING AGREEMENT (this "Eighth Amendment"), dated as of April 6, 2018, is entered into by and among BRFC-Q 2010 LLC, a Delaware limited liability company, as seller (the "Seller"), Quorum Federal Credit Union, a federally chartered credit union, as buyer (the "Buyer"), Vacation Trust, Inc., a Florida Corporation, as Club Trustee (the "Club Trustee"), U.S. Bank National Association, a national banking association, as custodian and paying agent (the "Custodian"), Bluegreen Vacations Corporation, a Florida corporation, as servicer (the "Servicer"), and Concord Servicing Corporation, an Arizona corporation, as backup servicer (the "Backup Servicer").

Santander Drive Auto Receivables Trust 2018-2 – SALE AND SERVICING AGREEMENT by and Among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2018-2, as Issuer SANTANDER DRIVE AUTO RECEIVABLES LLC, as Seller SANTANDER CONSUMER USA INC., as Servicer and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture Trustee Dated as of April 18, 2018 (April 12th, 2018)

SALE AND SERVICING AGREEMENT, dated as of April 18, 2018 (as amended, supplemented or otherwise modified and in effect from time to time, this Agreement), by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2018-2, a Delaware statutory trust (the Issuer), SANTANDER DRIVE AUTO RECEIVABLES LLC, a Delaware limited liability company, as seller (the Seller), SANTANDER CONSUMER USA INC., an Illinois corporation (Santander Consumer), as servicer (in such capacity, the Servicer), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the Indenture Trustee).

Bfc Financial – Eighth Commitment Amendment to Loan Sale and Servicing Agreement (April 12th, 2018)

THIS EIGHTH COMMITMENT AMENDMENT TO LOAN SALE AND SERVICING AGREEMENT (this "Eighth Amendment"), dated as of April 6, 2018, is entered into by and among BBCV Receivables-Q 2010 LLC, a Delaware limited liability company, as seller (the "Seller"), Quorum Federal Credit Union, a federally chartered credit union, as buyer (the "Buyer"), Vacation Trust, Inc., a Florida Corporation, as Club Trustee (the "Club Trustee"), U.S. Bank National Association, a national banking association, as custodian and paying agent (the "Custodian"), Bluegreen Vacations Corporation, a Florida corporation, as servicer (the "Servicer"), and Concord Servicing Corporation, an Arizona corporation, as backup servicer (the "Backup Servicer").

Hyundai Auto Receivables Trust 2018-A – SALE AND SERVICING AGREEMENT Among HYUNDAI AUTO RECEIVABLES TRUST 2018-A, Issuer, HYUNDAI ABS FUNDING, LLC, Depositor, HYUNDAI CAPITAL AMERICA, Seller and Servicer, and CITIBANK, N.A., Indenture Trustee Dated as of April 18, 2018 (April 12th, 2018)

This SALE AND SERVICING AGREEMENT, dated as of April 18, 2018, among HYUNDAI AUTO RECEIVABLES TRUST 2018-A, a Delaware statutory trust (the "Issuer"), HYUNDAI ABS FUNDING, LLC, a Delaware limited liability company (the "Depositor"), HYUNDAI CAPITAL AMERICA, a California corporation, as servicer (in such capacity, the "Servicer") and as seller (in such capacity, the "Seller"), and CITIBANK, N.A., a national banking association, as indenture trustee (the "Indenture Trustee").

Bfc Financial – Eighth Commitment Amendment to Loan Sale and Servicing Agreement (April 12th, 2018)

THIS EIGHTH COMMITMENT AMENDMENT TO LOAN SALE AND SERVICING AGREEMENT (this "Eighth Amendment"), dated as of April 6, 2018, is entered into by and among BRFC-Q 2010 LLC, a Delaware limited liability company, as seller (the "Seller"), Quorum Federal Credit Union, a federally chartered credit union, as buyer (the "Buyer"), Vacation Trust, Inc., a Florida Corporation, as Club Trustee (the "Club Trustee"), U.S. Bank National Association, a national banking association, as custodian and paying agent (the "Custodian"), Bluegreen Vacations Corporation, a Florida corporation, as servicer (the "Servicer"), and Concord Servicing Corporation, an Arizona corporation, as backup servicer (the "Backup Servicer").

World Omni Auto Receivables Trust 2018-B – Sale and Servicing Agreement (April 11th, 2018)

This SALE AND SERVICING AGREEMENT is dated as of April 11, 2018, among WORLD OMNI AUTO RECEIVABLES TRUST 2018-B, a Delaware statutory trust (the "Issuing Entity"), WORLD OMNI AUTO RECEIVABLES LLC, a Delaware limited liability company (the "Depositor"), as depositor, and WORLD OMNI FINANCIAL CORP., a Florida corporation ("World Omni" or the "Servicer").

World Omni Auto Receivables Trust 2018-B – Sale and Servicing Agreement (April 6th, 2018)

This SALE AND SERVICING AGREEMENT is dated as of April 11, 2018, among WORLD OMNI AUTO RECEIVABLES TRUST 2018-B, a Delaware statutory trust (the "Issuing Entity"), WORLD OMNI AUTO RECEIVABLES LLC, a Delaware limited liability company (the "Depositor"), as depositor, and WORLD OMNI FINANCIAL CORP., a Florida corporation ("World Omni" or the "Servicer").

Nissan Auto Receivables 2014-A Owner Trust – Amendment to Sale and Servicing Agreements (March 29th, 2018)

This AMENDMENT TO SALE AND SERVICING AGREEMENTS, dated as of March 27, 2018 (this Amendment), is by and between NISSAN AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the Seller) and NISSAN MOTOR ACCEPTANCE CORPORATION (NMAC), a California corporation, as Servicer (in such capacity, the Servicer, and together with the Seller, the Parties).

Nissan Auto Receivables 2017-B Owner Trust – Amendment to Sale and Servicing Agreements (March 29th, 2018)

This AMENDMENT TO SALE AND SERVICING AGREEMENTS, dated as of March 27, 2018 (this Amendment), is by and between NISSAN AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the Seller) and NISSAN MOTOR ACCEPTANCE CORPORATION (NMAC), a California corporation, as Servicer (in such capacity, the Servicer, and together with the Seller, the Parties).

Nissan Auto Receivables 2015-B Owner Trust – Amendment to Sale and Servicing Agreements (March 29th, 2018)

This AMENDMENT TO SALE AND SERVICING AGREEMENTS, dated as of March 27, 2018 (this Amendment), is by and between NISSAN AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the Seller) and NISSAN MOTOR ACCEPTANCE CORPORATION (NMAC), a California corporation, as Servicer (in such capacity, the Servicer, and together with the Seller, the Parties).

Nissan Auto Receivables 2013-C Owner Trust – Amendment to Sale and Servicing Agreements (March 29th, 2018)

This AMENDMENT TO SALE AND SERVICING AGREEMENTS, dated as of March 27, 2018 (this Amendment), is by and between NISSAN AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the Seller) and NISSAN MOTOR ACCEPTANCE CORPORATION (NMAC), a California corporation, as Servicer (in such capacity, the Servicer, and together with the Seller, the Parties).

Nissan Auto Receivables 2017-A Owner Trust – Amendment to Sale and Servicing Agreements (March 29th, 2018)

This AMENDMENT TO SALE AND SERVICING AGREEMENTS, dated as of March 27, 2018 (this Amendment), is by and between NISSAN AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the Seller) and NISSAN MOTOR ACCEPTANCE CORPORATION (NMAC), a California corporation, as Servicer (in such capacity, the Servicer, and together with the Seller, the Parties).

Nissan Auto Receivables 2015-A Owner Trust – Amendment to Sale and Servicing Agreements (March 29th, 2018)

This AMENDMENT TO SALE AND SERVICING AGREEMENTS, dated as of March 27, 2018 (this Amendment), is by and between NISSAN AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the Seller) and NISSAN MOTOR ACCEPTANCE CORPORATION (NMAC), a California corporation, as Servicer (in such capacity, the Servicer, and together with the Seller, the Parties).

Nissan Auto Receivables 2014-B Owner Trust – Amendment to Sale and Servicing Agreements (March 29th, 2018)

This AMENDMENT TO SALE AND SERVICING AGREEMENTS, dated as of March 27, 2018 (this Amendment), is by and between NISSAN AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the Seller) and NISSAN MOTOR ACCEPTANCE CORPORATION (NMAC), a California corporation, as Servicer (in such capacity, the Servicer, and together with the Seller, the Parties).

Nissan Auto Receivables 2017-C Owner Trust – Amendment to Sale and Servicing Agreements (March 29th, 2018)

This AMENDMENT TO SALE AND SERVICING AGREEMENTS, dated as of March 27, 2018 (this Amendment), is by and between NISSAN AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the Seller) and NISSAN MOTOR ACCEPTANCE CORPORATION (NMAC), a California corporation, as Servicer (in such capacity, the Servicer, and together with the Seller, the Parties).

Nissan Auto Receivables 2015-C Owner Trust – Amendment to Sale and Servicing Agreements (March 29th, 2018)

This AMENDMENT TO SALE AND SERVICING AGREEMENTS, dated as of March 27, 2018 (this Amendment), is by and between NISSAN AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the Seller) and NISSAN MOTOR ACCEPTANCE CORPORATION (NMAC), a California corporation, as Servicer (in such capacity, the Servicer, and together with the Seller, the Parties).

Nissan Auto Receivables 2016-A Owner Trust – Amendment to Sale and Servicing Agreements (March 29th, 2018)

This AMENDMENT TO SALE AND SERVICING AGREEMENTS, dated as of March 27, 2018 (this Amendment), is by and between NISSAN AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the Seller) and NISSAN MOTOR ACCEPTANCE CORPORATION (NMAC), a California corporation, as Servicer (in such capacity, the Servicer, and together with the Seller, the Parties).

Nissan Auto Receivables 2016-C Owner Trust – Amendment to Sale and Servicing Agreements (March 29th, 2018)

This AMENDMENT TO SALE AND SERVICING AGREEMENTS, dated as of March 27, 2018 (this Amendment), is by and between NISSAN AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the Seller) and NISSAN MOTOR ACCEPTANCE CORPORATION (NMAC), a California corporation, as Servicer (in such capacity, the Servicer, and together with the Seller, the Parties).

World Omni Auto Receivables Trust 2017-B – Amendment No. 1 to Sale and Servicing Agreement (March 8th, 2018)

THIS AMENDMENT NO. 1 TO SALE AND SERVICING AGREEMENT (this "Amendment") is made as of March 5, 2018, among World Omni Financial Corp., a Florida corporation ("World Omni"), World Omni Auto Receivables LLC, a Delaware limited liability company ("WOAR"), and World Omni Auto Receivables Trust 2017-B, a Delaware statutory trust (the "Issuing Entity").

Nissan Auto Receivables 2018-A Owner Trust – SALE AND SERVICING AGREEMENT Among NISSAN AUTO RECEIVABLES 2018-A OWNER TRUST, as Issuer, NISSAN AUTO RECEIVABLES CORPORATION II, as Seller, NISSAN MOTOR ACCEPTANCE CORPORATION, as Servicer and U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee Dated as of February 28, 2018 (March 1st, 2018)

SALE AND SERVICING AGREEMENT, dated as of February 28, 2018 (this Agreement), among NISSAN AUTO RECEIVABLES 2018-A OWNER TRUST, a Delaware statutory trust (the Issuer), NISSAN AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the Seller), NISSAN MOTOR ACCEPTANCE CORPORATION, a California corporation in its individual capacity (in such capacity, NMAC) and as Servicer (in such capacity, the Servicer) and U.S. Bank National Association, a national banking association, as indenture trustee (the Indenture Trustee). Capitalized terms used herein without definition shall have the respective meanings assigned to such terms in Article I.

American Honda Receivables Llc – HONDA AUTO RECEIVABLES 2018-1 OWNER TRUST, as Issuer, AMERICAN HONDA RECEIVABLES LLC, as Seller, and AMERICAN HONDA FINANCE CORPORATION, as Servicer, RPA Seller and Sponsor SALE AND SERVICING AGREEMENT Dated February 28, 2018 (February 28th, 2018)

This Sale and Servicing Agreement, dated February 28, 2018 is among American Honda Receivables LLC, a Delaware limited liability company ("AHR" or, in its capacity as Seller, the "Seller"), American Honda Finance Corporation, a California corporation ("AHFC" or, in its capacity as Servicer, the "Servicer" and in its capacity as seller under the Receivables Purchase Agreement, the "RPA Seller"), and Honda Auto Receivables 2018-1 Owner Trust, a Delaware statutory trust, as Issuer (the "Issuer").

American Honda Receivables Llc – HONDA AUTO RECEIVABLES 2018-1 OWNER TRUST, as Issuer, AMERICAN HONDA RECEIVABLES LLC, as Seller, and AMERICAN HONDA FINANCE CORPORATION, as Servicer, RPA Seller and Sponsor SALE AND SERVICING AGREEMENT Dated February 28, 2018 (February 23rd, 2018)

This Sale and Servicing Agreement, dated February 28, 2018 is among American Honda Receivables LLC, a Delaware limited liability company ("AHR" or, in its capacity as Seller, the "Seller"), American Honda Finance Corporation, a California corporation ("AHFC" or, in its capacity as Servicer, the "Servicer" and in its capacity as seller under the Receivables Purchase Agreement, the "RPA Seller"), and Honda Auto Receivables 2018-1 Owner Trust, a Delaware statutory trust, as Issuer (the "Issuer").

Drive Auto Receivables Trust 2018-1 – SALE AND SERVICING AGREEMENT by and Among DRIVE AUTO RECEIVABLES TRUST 2018-1, as Issuer SANTANDER DRIVE AUTO RECEIVABLES LLC, as Seller SANTANDER CONSUMER USA INC., as Servicer and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Indenture Trustee Dated as of February 21, 2018 (February 22nd, 2018)

SALE AND SERVICING AGREEMENT, dated as of February 21, 2018 (as amended, supplemented or otherwise modified and in effect from time to time, this Agreement), by and among DRIVE AUTO RECEIVABLES TRUST 2018-1, a Delaware statutory trust (the Issuer), SANTANDER DRIVE AUTO RECEIVABLES LLC, a Delaware limited liability company, as seller (the Seller), SANTANDER CONSUMER USA INC., an Illinois corporation (Santander Consumer), as servicer (in such capacity, the Servicer), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the Indenture Trustee).

Nissan Auto Receivables 2018-A Owner Trust – SALE AND SERVICING AGREEMENT Among NISSAN AUTO RECEIVABLES 2018-A OWNER TRUST, as Issuer, NISSAN AUTO RECEIVABLES CORPORATION II, as Seller, NISSAN MOTOR ACCEPTANCE CORPORATION, as Servicer and U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee Dated as of February 28, 2018 (February 22nd, 2018)

SALE AND SERVICING AGREEMENT, dated as of February 28, 2018 (this Agreement), among NISSAN AUTO RECEIVABLES 2018-A OWNER TRUST, a Delaware statutory trust (the Issuer), NISSAN AUTO RECEIVABLES CORPORATION II, a Delaware corporation (the Seller), NISSAN MOTOR ACCEPTANCE CORPORATION, a California corporation in its individual capacity (in such capacity, NMAC) and as Servicer (in such capacity, the Servicer) and U.S. Bank National Association, a national banking association, as indenture trustee (the Indenture Trustee). Capitalized terms used herein without definition shall have the respective meanings assigned to such terms in Article I.

Drive Auto Receivables Trust 2018-1 – SALE AND SERVICING AGREEMENT by and Among DRIVE AUTO RECEIVABLES TRUST 2018-1, as Issuer SANTANDER DRIVE AUTO RECEIVABLES LLC, as Seller SANTANDER CONSUMER USA INC., as Servicer and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Indenture Trustee Dated as of February 21, 2018 (February 16th, 2018)

SALE AND SERVICING AGREEMENT, dated as of February 21, 2018 (as amended, supplemented or otherwise modified and in effect from time to time, this Agreement), by and among DRIVE AUTO RECEIVABLES TRUST 2018-1, a Delaware statutory trust (the Issuer), SANTANDER DRIVE AUTO RECEIVABLES LLC, a Delaware limited liability company, as seller (the Seller), SANTANDER CONSUMER USA INC., an Illinois corporation (Santander Consumer), as servicer (in such capacity, the Servicer), and WILMINGTON TRUST, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the Indenture Trustee).

CarMax Auto Owner Trust 2018-1 – Amendment No. 1 to Sale and Servicing Agreement (February 7th, 2018)

THIS AMENDMENT NO. 1 TO SALE AND SERVICING AGREEMENT (this Amendment) is made as of February 7, 2018, among CARMAX AUTO OWNER TRUST 2018-1, a Delaware statutory trust (the Trust), CARMAX AUTO FUNDING LLC, a Delaware limited liability company (the Depositor), and CARMAX BUSINESS SERVICES, LLC, a Delaware limited liability company (CarMax), as servicer (in such capacity, the Servicer).

World Omni Auto Receivables Trust 2018-A – Sale and Servicing Agreement (February 7th, 2018)

This SALE AND SERVICING AGREEMENT is dated as of February 7, 2018, among WORLD OMNI AUTO RECEIVABLES TRUST 2018-A, a Delaware statutory trust (the "Issuing Entity"), WORLD OMNI AUTO RECEIVABLES LLC, a Delaware limited liability company (the "Depositor"), as depositor, and WORLD OMNI FINANCIAL CORP., a Florida corporation ("World Omni" or the "Servicer").

World Omni Auto Receivables Trust 2018-A – Sale and Servicing Agreement (February 1st, 2018)

This SALE AND SERVICING AGREEMENT is dated as of February 7, 2018, among WORLD OMNI AUTO RECEIVABLES TRUST 2018-A, a Delaware statutory trust (the "Issuing Entity"), WORLD OMNI AUTO RECEIVABLES LLC, a Delaware limited liability company (the "Depositor"), as depositor, and WORLD OMNI FINANCIAL CORP., a Florida corporation ("World Omni" or the "Servicer").

Toyota Auto Receivables 2018-A Owner Trust – Sale and Servicing Agreement (January 31st, 2018)

SALE AND SERVICING AGREEMENT, dated as of January 31, 2018, among TOYOTA AUTO RECEIVABLES 2018-A OWNER TRUST, a Delaware statutory trust (the "Issuer"), TOYOTA AUTO FINANCE RECEIVABLES LLC, a Delaware limited liability company ("TAFR LLC" or the "Seller"), and TOYOTA MOTOR CREDIT CORPORATION, a California corporation ("TMCC," the "Sponsor" or the "Servicer").

Santander Drive Auto Receivables Trust 2018-1 – SALE AND SERVICING AGREEMENT by and Among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2018-1, as Issuer SANTANDER DRIVE AUTO RECEIVABLES LLC, as Seller SANTANDER CONSUMER USA INC., as Servicer and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Indenture Trustee Dated as of January 24, 2018 (January 26th, 2018)

SALE AND SERVICING AGREEMENT, dated as of January 24, 2018 (as amended, supplemented or otherwise modified and in effect from time to time, this Agreement), by and among SANTANDER DRIVE AUTO RECEIVABLES TRUST 2018-1, a Delaware statutory trust (the Issuer), SANTANDER DRIVE AUTO RECEIVABLES LLC, a Delaware limited liability company, as seller (the Seller), SANTANDER CONSUMER USA INC., an Illinois corporation (Santander Consumer), as servicer (in such capacity, the Servicer), and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association, as indenture trustee (the Indenture Trustee).

BMW Vehicle Owner Trust 2018-A – SALE AND SERVICING AGREEMENT Among BMW VEHICLE OWNER TRUST 2018-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 Indenture Trustee Dated as of January 24, 2018 (January 24th, 2018)

THIS SALE AND SERVICING AGREEMENT (this "Agreement"), dated as of January 24, 2018 is among BMW VEHICLE OWNER TRUST 2018-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").