BMW AUTO LEASING LLC, as Transferor, and WILMINGTON TRUST, NATIONAL ASSOCIATION, as Owner TrusteeTrust Agreement • October 11th, 2023 • BMW Vehicle Lease Trust 2023-2 • Asset-backed securities • Delaware
This Amended and Restated Trust Agreement, dated as of October 11, 2023, is between BMW Auto Leasing LLC, a Delaware limited liability company, as transferor (the “Transferor”), and Wilmington Trust, National Association, a national banking association, as owner trustee (the “Owner Trustee”).
BMW VEHICLE LEASE TRUST 2023-2, as Issuer, BMW FINANCIAL SERVICES NA, LLC, as Administrator, BMW AUTO LEASING LLC, as Transferor, and ISSUER ADMINISTRATION AGREEMENT Dated as of October 11, 2023Issuer Administration Agreement • October 11th, 2023 • BMW Vehicle Lease Trust 2023-2 • Asset-backed securities • New York
This Issuer Administration Agreement, dated as of October 11, 2023 (the “Agreement”), is among BMW Vehicle Lease Trust 2023-2, 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 U.S. Bank Trust Company, National Association, a national banking association, as indenture trustee (the “Indenture Trustee”).
ASSET REPRESENTATIONS REVIEW AGREEMENT BMW VEHICLE LEASE TRUST 2023-2, as Issuer and BMW FINANCIAL SERVICES NA, LLC, as Servicer and CLAYTON FIXED INCOME SERVICES LLC, as Asset Representations Reviewer Dated as of October 11, 2023Asset Representations Review Agreement • October 11th, 2023 • BMW Vehicle Lease Trust 2023-2 • Asset-backed securities • New York
This ASSET REPRESENTATIONS REVIEW AGREEMENT (this “Agreement”), entered into as of the 11th day of October 2023, by and among BMW VEHICLE LEASE TRUST 2023-2, a Delaware statutory trust (the “Issuer”), BMW FINANCIAL SERVICES NA, LLC, a Delaware limited liability company (the “Servicer”), and CLAYTON FIXED INCOME SERVICES LLC, a Delaware limited liability company (the “Asset Representations Reviewer”).
BMW VEHICLE LEASE TRUST 2023-2, as Issuer, and as Secured Party, and as Securities Intermediary CONTROL AGREEMENT Dated as of October 11, 2023Control Agreement • October 11th, 2023 • BMW Vehicle Lease Trust 2023-2 • Asset-backed securities • New York
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 • October 11th, 2023 • BMW Vehicle Lease Trust 2023-2 • Asset-backed securities
This 2023-2 Vehicle Trust Supplement, dated as of October 11, 2023, 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”).
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 • October 11th, 2023 • BMW Vehicle Lease Trust 2023-2 • Asset-backed securities • New York
This 2023-2 Servicing Supplement, dated as of October 11, 2023, 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”).
BMW AUTO LEASING LLC, as Transferor, and BMW VEHICLE LEASE TRUST 2023-2, as Transferee ISSUER SUBI CERTIFICATE TRANSFER AGREEMENT Dated as of October 11, 2023Issuer Subi Certificate Transfer Agreement • October 11th, 2023 • BMW Vehicle Lease Trust 2023-2 • Asset-backed securities • New York
This Issuer SUBI Certificate Transfer Agreement, dated as of October 11, 2023 (this “Agreement”), is between BMW Auto Leasing LLC, a Delaware limited liability company, as transferor (the “Transferor”), and BMW Vehicle Lease Trust 2023-2, 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 2023-2, and as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of October 11, 2023Back-Up Security Agreement • October 11th, 2023 • BMW Vehicle Lease Trust 2023-2 • Asset-backed securities • New York
BMW MANUFACTURING L.P., as Transferor, and BMW AUTO LEASING LLC, as Transferee SUBI CERTIFICATE TRANSFER AGREEMENT Dated as of October 11, 2023Subi Certificate Transfer Agreement • October 11th, 2023 • BMW Vehicle Lease Trust 2023-2 • Asset-backed securities • New York
This SUBI Certificate Transfer Agreement, dated as of October 11, 2023 (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”).
