Common Contracts
2 similar null contracts by World Omni 1998-a Automobile Lease Securitization Trust, World Omni Lease Securitization L P /De/
Exhibit 5.1 October , 1998 World Omni Lease Securitization L.P. 6150 Omni Park Avenue Mobile, Alabama 36609 Re: World Omni 1998-A Automobile Lease Securitization Trust __%, Automobile Lease Asset Backed Notes, Class A-1 (the "Class A-1 Notes"), ____%...World Omni 1998-a Automobile Lease Securitization Trust • November 3rd, 1998 • Asset-backed securities
We have acted as special Illinois and New York counsel for World Omni Financial Corp., a Florida corporation ("WOFCO"), and World Omni Lease Securitization L.P., a Delaware limited partnership (the "Transferor"), in connection with the proposed offering by the Transferor of $_________ initial principal amount of Class A-1 Notes, $_________ initial principal amount of Class A-2 Notes, $__________ initial principal amount of Class A-3 Notes and $__________ initial principal amount of Class A-4 Notes, in each case to be issued pursuant to an Indenture, dated as of October , 1998 (the "Indenture"), between The Bank of New York, as indenture trustee (in such capacity, the "Indenture Trustee"), and PNC Bank, Delaware, a Delaware banking corporation, as owner trustee (in such capacity, the "Owner Trustee"). The Class A Notes are to be acquired by Credit Suisse First Boston Corporation and Merrill Lynch and Co., Inc., as representatives of the several underwriters (collectively, the "Underwrit
October 20, 1997World Omni Lease Securitization L P /De/ • October 23rd, 1997 • Asset-backed securities
