Common Contracts

2 similar Security Agreement contracts by BMW Vehicle Lease Trust 2010-1

FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2010-1, and Citibank, N.A., as Indenture Trustee
Security Agreement • September 23rd, 2010 • BMW Vehicle Lease Trust 2010-1 • Asset-backed securities • New York

This Back-Up Security Agreement, dated as of September 23, 2010, is among Financial Services Vehicle Trust, a Delaware statutory trust (the “Vehicle Trust”), BMW Manufacturing L.P., an Indiana limited partnership (“BMW LP”), BMW Auto Leasing LLC, a Delaware limited liability company (the “Transferor”), BMW Vehicle Lease Trust 2010-1, a Delaware statutory trust (the “Issuer”), and Citibank, N.A., a national banking association, not in its individual capacity, but solely as indenture trustee (the “Indenture Trustee”) under the Indenture, dated as of September 23, 2010 (the “Indenture), from the Issuer to the Indenture Trustee.

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FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2010-1, and Citibank, N.A., as Indenture Trustee
Security Agreement • September 21st, 2010 • BMW Vehicle Lease Trust 2010-1 • Asset-backed securities • New York

This Back-Up Security Agreement, dated as of September 23, 2010, is among Financial Services Vehicle Trust, a Delaware statutory trust (the “Vehicle Trust”), BMW Manufacturing L.P., an Indiana limited partnership (“BMW LP”), BMW Auto Leasing LLC, a Delaware limited liability company (the “Transferor”), BMW Vehicle Lease Trust 2010-1, a Delaware statutory trust (the “Issuer”), and Citibank, N.A., a national banking association, not in its individual capacity, but solely as indenture trustee (the “Indenture Trustee”) under the Indenture, dated as of September 23, 2010 (the “Indenture), from the Issuer to the Indenture Trustee.

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