TRUST AGREEMENT between WORLD OMNI AUTO LEASING LLC, as Depositor, and U.S. BANK TRUST NATIONAL ASSOCIATION, as Owner Trustee Dated September 19, 2018Trust Agreement • September 19th, 2018 • World Omni Automobile Lease Securitization Trust 2018-B • Asset-backed securities • Delaware
This TRUST AGREEMENT is dated September 19, 2018 between WORLD OMNI AUTO LEASING LLC, a Delaware limited liability company, as depositor (the "Depositor"), and U.S. BANK TRUST NATIONAL ASSOCIATION, as owner trustee (not in its individual capacity, but solely as owner trustee, the "Owner Trustee").
EXCHANGE NOTE TRANSFER AGREEMENT dated as of September 19, 2018 between WORLD OMNI AUTO LEASING LLC, as Depositor and WORLD OMNI AUTOMOBILE LEASE SECURITIZATION TRUST 2018-B, as Issuing Entity and BuyerExchange Note Transfer Agreement • September 19th, 2018 • World Omni Automobile Lease Securitization Trust 2018-B • Asset-backed securities • New York
ADMINISTRATION AGREEMENT AMONG WORLD OMNI AUTOMOBILE LEASE SECURITIZATION TRUST 2018-B, AS ISSUING ENTITY WORLD OMNI FINANCIAL CORP., AS ADMINISTRATOR AND MUFG UNION BANK, N.A., AS INDENTURE TRUSTEE DATED AS OF SEPTEMBER 19, 2018Administration Agreement • September 19th, 2018 • World Omni Automobile Lease Securitization Trust 2018-B • Asset-backed securities • New York
THIS ADMINISTRATION AGREEMENT (this “Agreement”) dated as of September 19, 2018, is between WORLD OMNI AUTOMOBILE LEASE SECURITIZATION TRUST 2018-B, a Delaware statutory trust (the “Issuing Entity”), WORLD OMNI FINANCIAL CORP., a Florida corporation, as administrator (“World Omni” or in its capacity as administrator, the “Administrator”), and MUFG UNION BANK, N.A., a national banking association, as indenture trustee (the “Indenture Trustee”). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned such terms in Appendix A to the Indenture dated as of September 19, 2018 (the “Indenture”) by and between the Issuing Entity and the Indenture Trustee.
EXCHANGE NOTE SALE AGREEMENTExchange Note Sale Agreement • September 19th, 2018 • World Omni Automobile Lease Securitization Trust 2018-B • Asset-backed securities • New York
THIS EXCHANGE NOTE SALE AGREEMENT is made and entered into as of September 19, 2018 (as amended, supplemented or modified from time to time, this “Agreement”) by AUTO LEASE FINANCE LLC, a Delaware limited liability company (the “Seller”), and WORLD OMNI AUTO LEASING LLC, a Delaware limited liability company (the “Buyer”).
World Omni Financial Corp., as Servicer World Omni LT, as Titling Trust and AL Holding Corp., as Closed-End Collateral Agent Exchange Note Servicing Supplement 2018-B TO CLOSED-END SERVICING AGREEMENT Dated as of September 19, 2018End Servicing Agreement • September 19th, 2018 • World Omni Automobile Lease Securitization Trust 2018-B • Asset-backed securities • New York
THIS Exchange Note Servicing Supplement 2018-B TO CLOSED-END SERVICING AGREEMENT (as amended, modified or supplemented from time to time, the “Exchange Note Servicing Supplement”), dated as of September 19, 2018, is among (i) WORLD OMNI FINANCIAL CORP., a Florida corporation (“World Omni”), as servicer (in such capacity, the “Servicer”), (ii) WORLD OMNI LT, a Delaware statutory trust (the “Titling Trust”) and (iii) AL HOLDING CORP., a Delaware corporation, as collateral agent (“ALHC” or the “Closed-End Collateral Agent”).
WORLD OMNI LT WORLD OMNI LT, As Borrower, AUTO LEASE FINANCE LLC, As Initial Beneficiary, AL HOLDING CORP., As Closed-End Collateral Agent, Dated as of September 19, 2018Collateral Agency Agreement • September 19th, 2018 • World Omni Automobile Lease Securitization Trust 2018-B • Asset-backed securities • New York
THIS 2018-B EXCHANGE NOTE SUPPLEMENT TO COLLATERAL AGENCY AGREEMENT (as amended, modified or supplemented from time to time, the "Exchange Note Supplement"), dated and effective as of September 19, 2018, is among World Omni LT, a Delaware statutory trust (the "Borrower" or the "Titling Trust"), Auto Lease Finance LLC, a Delaware limited liability company ("ALF" or the "Initial Beneficiary"), AL Holding Corp., a Delaware corporation (the "Closed-End Collateral Agent"), and U.S. Bank National Association, a national banking association (the "Closed-End Administrative Agent").
UNDERWRITING AGREEMENT FOR THE NOTES WORLD OMNI AUTOMOBILE LEASE SECURITIZATION TRUST 2018-B One Month LIBOR + 0.18% Class A-2b Asset Backed Notes UNDERWRITING AGREEMENTUnderwriting Agreement • September 13th, 2018 • World Omni Automobile Lease Securitization Trust 2018-B • Asset-backed securities • New York
The Notes will be issued pursuant to an Indenture (as amended, restated, modified or supplemented from time to time, the “Indenture”), to be dated as of the Closing Date, between the Trust and MUFG Union Bank, N.A., as indenture trustee (in such capacity, the “Indenture Trustee”). The Depositor will retain the asset backed certificates (the “Certificates”) issued pursuant to a trust agreement, to be dated as of the Closing Date, between the Depositor and U.S. Bank Trust National Association, as owner trustee (in such capacity, the “Owner Trustee”) (as amended, restated, modified or supplemented from time to time, the “Trust Agreement”). The Certificates will be subordinated to the Notes to the extent described in the Basic Documents (as defined below). The Notes will be secured by the assets of the Trust which will include, among other things, the Exchange Note (as defined below).
