BMW AUTO LEASING LLC as Transferor, and WILMINGTON TRUST COMPANY, as Owner TrusteeTrust Agreement • November 13th, 2007 • BMW Vehicle Lease Trust 2007-1 • Asset-backed securities • Delaware
BMW VEHICLE LEASE TRUST 2007-1, as Issuer, BMW FINANCIAL SERVICES NA, LLC, as Administrator, BMW AUTO LEASING LLC, as Transferor, and Citibank, N.A., ISSUER ADMINISTRATION AGREEMENT Dated as of November 2, 2007Issuer Administration Agreement • November 13th, 2007 • BMW Vehicle Lease Trust 2007-1 • Asset-backed securities • New York
This Issuer Administration Agreement, dated as of November 2, 2007 (the “Agreement”), is among BMW Vehicle Lease Trust 2007-1, 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 Citbank, N.A., a national banking association (the “Indenture 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 • November 13th, 2007 • BMW Vehicle Lease Trust 2007-1 • Asset-backed securities • New York
This 2007-1 Servicing Supplement, dated as of November 2, 2007, is among Financial Services Vehicle Trust, a Delaware statutory trust (the “Trust”), BMW Manufacturing L.P., an Indiana limited partnership, as grantor and initial beneficiary of the 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 MANUFACTURING L.P., as Transferor, and BMW AUTO LEASING LLC, as Transferee SUBI CERTIFICATE TRANSFER AGREEMENT Dated as of November 2, 2007Subi Certificate Transfer Agreement • November 13th, 2007 • BMW Vehicle Lease Trust 2007-1 • Asset-backed securities • New York
This SUBI Certificate Transfer Agreement, dated as of November 2, 2007 (the “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”).
SCHEDULE to the Master Agreement dated as of November 2, 2007 betweenMaster Agreement • November 13th, 2007 • BMW Vehicle Lease Trust 2007-1 • Asset-backed securities • New York
BMW AUTO LEASING LLC, as Transferor, and BMW VEHICLE LEASE TRUST 2007-1, as Transferee ISSUER SUBI CERTIFICATE TRANSFER AGREEMENT Dated as of November 2, 2007Issuer Subi Certificate Transfer Agreement • November 13th, 2007 • BMW Vehicle Lease Trust 2007-1 • Asset-backed securities • New York
BMW VEHICLE LEASE TRUST 2007-1 $1,250,000,000 ASSET BACKED NOTES BMW AUTO LEASING LLC (DEPOSITOR) UNDERWRITING AGREEMENTUnderwriting Agreement • November 13th, 2007 • BMW Vehicle Lease Trust 2007-1 • Asset-backed securities • Indiana
BMW VEHICLE LEASE TRUST 2007-1 (the “Counterparty”)Confirmation • November 13th, 2007 • BMW Vehicle Lease Trust 2007-1 • Asset-backed securities
This Confirmation supplements, forms part of, and is subject to, the ISDA Master Agreement dated as of November 2, 2007, as amended and supplemented from time to time (the “Agreement”), between JPMORGAN CHASE BANK N.A. (“JPMorgan”) and BMW Vehicle Lease Trust 2007-1 (the “Counterparty”). All provisions contained in the Agreement govern this Confirmation except as expressly modified below.
BMW MANUFACTURING L.P., as Grantor and UTI Beneficiary, and THE BANK OF NEW YORK (DELAWARE), as Vehicle TrusteeVehicle Trust Supplement • November 13th, 2007 • BMW Vehicle Lease Trust 2007-1 • Asset-backed securities
