BMW AUTO LEASING LLC, as Transferor,Trust Agreement • November 9th, 2021 • Financial Services Vehicle Trust • Asset-backed securities • Delaware
This Amended and Restated Trust Agreement, dated as of [___________], 20[__], is between BMW Auto Leasing LLC, a Delaware limited liability company, as transferor (the “Transferor”), and [____________________], a [_____________], as trustee (the “Owner Trustee”).
BMW VEHICLE LEASE TRUST 20[__]-[__] Asset Backed Notes BMW AUTO LEASING LLC (DEPOSITOR) FORM OF UNDERWRITING AGREEMENTUnderwriting Agreement • November 9th, 2021 • Financial Services Vehicle Trust • Asset-backed securities • New York
BMW VEHICLE LEASE TRUST 20[__]-[__], as Issuer, BMW FINANCIAL SERVICES NA, LLC, as Administrator, BMW AUTO LEASING LLC, as Transferor, and [_____________], as Indenture Trustee FORM OF ISSUER ADMINISTRATION AGREEMENT Dated as of [____________], 20[__]Issuer Administration Agreement • November 9th, 2021 • Financial Services Vehicle Trust • Asset-backed securities • New York
This Issuer Administration Agreement, dated as of [____________], 20[__] (the “Agreement”), is among BMW Vehicle Lease Trust 20[__]-[__], a Delaware statutory trust, as issuer (the “Issuer”), BMW Financial Services NA, LLC, a Delaware limited liability company (“BMW FS”), as administrator (in such capacity, the “Administrator”), BMW Auto Leasing LLC, a Delaware limited liability company, as transferor (the “Transferor”), and [_____________], a [___________], as indenture trustee (the “Indenture Trustee”).
FORM OF ASSET REPRESENTATIONS REVIEW AGREEMENT BMW VEHICLE LEASE TRUST 20[__]-[__], as Issuer and BMW FINANCIAL SERVICES NA, LLC, as ServicerAsset Representations Review Agreement • November 9th, 2021 • Financial Services Vehicle Trust • Asset-backed securities • New York
This ASSET REPRESENTATIONS REVIEW AGREEMENT (this “Agreement”), entered into as of the [__]th day of [_______] 20[__], by and among BMW VEHICLE LEASE TRUST 20[__]-[__], a Delaware statutory trust (the “Issuer”), BMW FINANCIAL SERVICES NA, LLC, a a Delaware limited liability company (the “Servicer”), and [_________________],[____] (the “Asset Representations Reviewer”).
BMW VEHICLE LEASE TRUST 20[__]-[__], as Issuer,Control Agreement • November 9th, 2021 • Financial Services Vehicle Trust • Asset-backed securities • New York
MASTER AGREEMENT dated as of [________], 20[__]Isda Master Agreement • November 9th, 2021 • Financial Services Vehicle Trust • Asset-backed securities • New York
[__________] and BMW VEHICLE LEASE TRUST 20[__]-[_] have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be governed by this Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties confirming those Transactions.
FINANCIAL SERVICES VEHICLE TRUST, as Vehicle Trust, and BMW MANUFACTURING L.P., as UTI Beneficiary, and BMW FINANCIAL SERVICES NA, LLC, as Servicer and SponsorServicing Supplement • November 9th, 2021 • Financial Services Vehicle Trust • Asset-backed securities • New York
This 20[__]-[__] Servicing Supplement, dated as of [____________], 20[__], is among Financial Services Vehicle Trust, a Delaware statutory trust (the “Vehicle Trust”), BMW Manufacturing L.P., an Indiana limited partnership, as grantor and initial beneficiary of the Vehicle Trust (in such capacities, the “Grantor” and the “UTI Beneficiary,” respectively) and BMW Financial Services NA, LLC, a Delaware limited liability company (“BMW FS”), as servicer (in such capacity, the “Servicer”) and as sponsor (in such capacity, the “Sponsor”).
and BMW AUTO LEASING LLC, as Transferee FORM OF SUBI CERTIFICATE TRANSFER AGREEMENT Dated as of [___________], 20[__]Subi Certificate Transfer Agreement • November 9th, 2021 • Financial Services Vehicle Trust • Asset-backed securities • New York
This SUBI Certificate Transfer Agreement, dated as of [___________], 20[__] (this “Agreement”), is between BMW Manufacturing L.P., an Indiana limited partnership, as transferor (the “Transferor”), and BMW Auto Leasing LLC, a Delaware limited liability company, as transferee (the “Transferee”).
BMW MANUFACTURING L.P., as Grantor and UTI Beneficiary, and BNY MELLON TRUST OF DELAWARE, formerly known as The Bank of New York (Delaware), as Vehicle TrusteeVehicle Trust Supplement • November 9th, 2021 • Financial Services Vehicle Trust • Asset-backed securities
This 20[__]-[__] Vehicle Trust Supplement, dated as of [________________], 20[__], is between BMW Manufacturing L.P., an Indiana limited partnership, as grantor and initial beneficiary (in such capacities, the “Grantor” and the “UTI Beneficiary”, respectively) and BNY Mellon Trust of Delaware, formerly known as The Bank of New York (Delaware), a Delaware banking association, as trustee (in such capacity, the “Vehicle Trustee”).
BMW AUTO LEASING LLC, as Transferor, and BMW VEHICLE LEASE TRUST 20[__]-[__], as Transferee FORM OF ISSUER SUBI CERTIFICATE TRANSFER AGREEMENT Dated as of [___________], 20[__]Issuer Subi Certificate Transfer Agreement • November 9th, 2021 • Financial Services Vehicle Trust • Asset-backed securities • New York
This Issuer SUBI Certificate Transfer Agreement, dated as of [___________], 20[__] (this “Agreement”), is between BMW Auto Leasing LLC, a Delaware limited liability company, as transferor (the “Transferor”), and BMW Vehicle Lease Trust 20[__]-[__], a Delaware statutory trust (the “Issuer”), as transferee (in such capacity, the “Transferee”).
FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 20[__]-[__], and as Indenture Trustee FORM OF BACK-UP SECURITY AGREEMENT Dated as of [_____________], 20[__]Back-Up Security Agreement • November 9th, 2021 • Financial Services Vehicle Trust • Asset-backed securities • New York
This Back-Up Security Agreement, dated as of [_____________], 20[__], 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 20[__]-[__], a Delaware statutory trust (the “Issuer”), and [_____________], a [_____________], not in its individual capacity, but solely as indenture trustee (the “Indenture Trustee”) under the Indenture, dated as of [_____________], 20[__] (the “Indenture”), between the Issuer and the Indenture Trustee.
BMW VEHICLE LEASE TRUST 20[__]-[__] [___]% Asset Backed Notes, Class A-1 [____]% Asset Backed Notes, Class A-2a Benchmark [plus][minus] [___]% Asset Backed Notes, Class A-2b [___]% Asset Backed Notes, Class A-3 [___]% Asset Backed Notes, Class A-4...Indenture Agreement • November 9th, 2021 • Financial Services Vehicle Trust • Asset-backed securities • New York
This Indenture, dated as of [__________], 20[__], is between BMW Vehicle Lease Trust 20[__]-[__], a Delaware statutory trust (the “Issuer”), and [_________________], a [____________], as indenture trustee (the “Indenture Trustee”).
