Back-Up Security Agreement Sample Contracts

FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2011-1, and CITIBANK, N.A., as Indenture Trustee BACK- UP SECURITY AGREEMENT Dated as of April 21, 2011
Back-Up Security Agreement • April 21st, 2011 • BMW Vehicle Lease Trust 2011-1 • Asset-backed securities • New York

This Back-Up Security Agreement, dated as of April 21, 2011, 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 2011-1, 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 April 21, 2011 (the “Indenture), from the Issuer to the Indenture Trustee.

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TOYOTA LEASE TRUST, TOYOTA MOTOR CREDIT CORPORATION, TOYOTA LEASING, INC., TOYOTA AUTO LEASE TRUST 20[__]-[__], and as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of [____________]
Back-Up Security Agreement • September 22nd, 2011 • Toyota Lease Trust • Asset-backed securities • New York
Sample 1
FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 20[__]-[__], and as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of [________], 20[__]
Back-Up Security Agreement • March 29th, 2013 • BMW Auto Leasing LLC • 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”), from the Issuer to the Indenture Trustee.

Sample 1
FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2013-1, and as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of January 24, 2013
Back-Up Security Agreement • January 18th, 2013 • BMW Vehicle Lease Trust 2013-1 • Asset-backed securities • New York

This Back-Up Security Agreement, dated as of January 24, 2013, 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 2013-1, a Delaware statutory trust (the “Issuer”), and U.S. Bank National Association, a national banking association, not in its individual capacity, but solely as indenture trustee (the “Indenture Trustee”) under the Indenture, dated as of January 24, 2013 (the “Indenture”), from the Issuer to the Indenture Trustee.

Sample 1
FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2013-1, and as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of January 24, 2013
Back-Up Security Agreement • January 24th, 2013 • BMW Vehicle Lease Trust 2013-1 • Asset-backed securities • New York

This Back-Up Security Agreement, dated as of January 24, 2013, 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 2013-1, a Delaware statutory trust (the “Issuer”), and U.S. Bank National Association, a national banking association, not in its individual capacity, but solely as indenture trustee (the “Indenture Trustee”) under the Indenture, dated as of January 24, 2013 (the “Indenture”), from the Issuer to the Indenture Trustee.

Sample 1
FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2014-1, and as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of April 16, 2014
Back-Up Security Agreement • April 16th, 2014 • BMW Auto Leasing LLC • Asset-backed securities • New York

This Back-Up Security Agreement, dated as of April 16, 2014, 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 2014-1, a Delaware statutory trust (the “Issuer”), and U.S. Bank National Association, a national banking association, not in its individual capacity, but solely as indenture trustee (the “Indenture Trustee”) under the Indenture, dated as of April 16, 2014 (the “Indenture”), from the Issuer to the Indenture Trustee.

Sample 1
FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2015-1, and as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of January 14, 2015
Back-Up Security Agreement • January 14th, 2015 • BMW Vehicle Lease Trust 2015-1 • Asset-backed securities • New York
Sample 1
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