Back-Up Security Agreement Sample Contracts

NILT TRUST,
Back-Up Security Agreement • October 17th, 2005 • Nissan Auto Leasing LLC Ii • Asset-backed securities • New York
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Contract
Back-Up Security Agreement • May 5th, 2020 • New York

EX-10.9 9 exhibit10-9.htm BACK-UP SECURITY AGREEMENT Exhibit 10.9 Execution Version FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2017-2, and U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of October 25, 2017 TABLE OF CONTENTS Page

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FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST [____]-[_], and as Indenture Trustee
Back-Up Security Agreement • June 2nd, 2010 • BMW Auto Leasing LLC • Asset-backed securities • New York
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FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2022-1, and as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of January 19, 2022
Back-Up Security Agreement • January 19th, 2022 • BMW Vehicle Lease Trust 2022-1 • Asset-backed securities • New York
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FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2023-1, and as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of February 15, 2023
Back-Up Security Agreement • February 15th, 2023 • BMW Vehicle Lease Trust 2023-1 • Asset-backed securities • New York
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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 19th, 2014 • Toyota Lease Trust • Asset-backed securities • New York

THIS BACK-UP SECURITY AGREEMENT, is dated as of [____________], by and among Toyota Lease Trust, a Delaware statutory trust (the “Titling Trust”), Toyota Motor Credit Corporation, a California corporation (“TMCC”), Toyota Leasing, Inc., a California corporation (the “Transferor”), Toyota Auto Lease Trust 20[__]-[__], a Delaware statutory trust (the “Issuer”), and [______], a national banking association, not in its individual capacity, but solely as indenture trustee (the “Indenture Trustee”) under the Indenture, dated as of [____________] (the “Indenture), from the Issuer to the Indenture Trustee.

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FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2015-2, and as Indenture Trustee
Back-Up Security Agreement • October 14th, 2015 • BMW Auto Leasing LLC • Asset-backed securities • New York
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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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FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2010-1, and Citibank, N.A., as Indenture Trustee
Back-Up Security Agreement • September 23rd, 2010 • BMW Vehicle Lease Trust 2010-1 • Asset-backed securities • New York

This Back-Up Security Agreement, dated as of September 23, 2010, 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 2010-1, 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 September 23, 2010 (the “Indenture), from the Issuer to the Indenture Trustee.

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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.

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FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2024-2, and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Indenture Trustee
Back-Up Security Agreement • October 7th, 2024 • BMW Vehicle Lease Trust 2024-2 • Asset-backed securities • New York

This Back-Up Security Agreement, dated as of October 7, 2024, 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, as transferor (the “Transferor”), BMW Vehicle Lease Trust 2024-2, a Delaware statutory trust, as issuer (the “Issuer”), and U.S. Bank Trust Company, 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 October 7, 2024 (the “Indenture”), between the Issuer and the Indenture Trustee.

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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
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FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2017-1, and
Back-Up Security Agreement • March 22nd, 2017 • BMW Vehicle Lease Trust 2017-1 • Asset-backed securities • New York
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FINANCIAL SERVICES VEHICLE TRUST,
Back-Up Security Agreement • October 13th, 2016 • BMW Vehicle Lease Trust 2016-2 • Asset-backed securities • New York
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FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2024-1, and as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of February 14, 2024
Back-Up Security Agreement • February 14th, 2024 • BMW Vehicle Lease Trust 2024-1 • Asset-backed securities • New York
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FINANCIAL SERVICES VEHICLE TRUST,
Back-Up Security Agreement • March 20th, 2019 • BMW Vehicle Lease Trust 2019-1 • Asset-backed securities • New York
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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, 2023
Back-Up Security Agreement • October 11th, 2023 • BMW Vehicle Lease Trust 2023-2 • Asset-backed securities • New York
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FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2012-1, and as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of April 26, 2012
Back-Up Security Agreement • April 26th, 2012 • BMW Vehicle Lease Trust 2012-1 • Asset-backed securities • New York

This Back-Up Security Agreement, dated as of April 26, 2012, 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 2012-1, 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 26, 2012 (the “Indenture”), from the Issuer to the Indenture Trustee.

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FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2018-1, and as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of October 17, 2018
Back-Up Security Agreement • October 17th, 2018 • BMW Vehicle Lease Trust 2018-1 • Asset-backed securities • New York
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FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2016-1, and
Back-Up Security Agreement • February 17th, 2016 • BMW Vehicle Lease Trust 2016-1 • Asset-backed securities • New York
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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 • October 1st, 2018 • Financial Services Vehicle Trust • Asset-backed securities • New York
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Contract
Back-Up Security Agreement • May 5th, 2020 • New York

EX-10.9 9 exhibit10-9.htm BACK-UP SECURITY AGREEMENT Exhibit 10.9 Execution Version FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2019-1, and U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee __________________________________ BACK-UP SECURITY AGREEMENT Dated as of March 20, 2019 __________________________________ TABLE OF CONTENTS Page

Sample 1
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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
NISSAN MOTOR ACCEPTANCE CORPORATION, NISSAN-INFINITI LT, NILT TRUST, NISSAN AUTO LEASING LLC II, NISSAN AUTO LEASE TRUST 2009-A, and U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of June 9, 2009
Back-Up Security Agreement • June 12th, 2009 • Nissan Auto Leasing LLC Ii • Asset-backed securities • New York

This Back-Up Security Agreement, dated as of June 9, 2009 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), is among Nissan Motor Acceptance Corporation, a California corporation (“NMAC”), Nissan-Infiniti LT, a Delaware statutory trust (the “Titling Trust”), NILT Trust, a Delaware statutory trust (“NILT Trust”), Nissan Auto Leasing LLC II, a Delaware limited liability company (“NALL II”), Nissan Auto Lease Trust 2009-A, a Delaware statutory trust (the “Issuing Entity”), and U.S. Bank National Association, a national banking association (“U.S. Bank”), as trustee (the “Indenture Trustee”) under the Indenture, dated as of June 9, 2009 (the “Indenture”), between the Issuing Entity and 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 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.

Sample 1
NISSAN MOTOR ACCEPTANCE CORPORATION, NISSAN-INFINITI LT, NILT TRUST, NISSAN AUTO LEASING LLC II, NISSAN AUTO LEASE TRUST 2009-B, and U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of September 11, 2009
Back-Up Security Agreement • September 3rd, 2009 • Nissan Auto Lease Trust 2009-B • Asset-backed securities • New York

This Back-Up Security Agreement, dated as of September 11, 2009 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), is among Nissan Motor Acceptance Corporation, a California corporation (“NMAC”), Nissan-Infiniti LT, a Delaware statutory trust (the “Titling Trust”), NILT Trust, a Delaware statutory trust (“NILT Trust”), Nissan Auto Leasing LLC II, a Delaware limited liability company (“NALL II”), Nissan Auto Lease Trust 2009-B, a Delaware statutory trust (the “Issuing Entity”), and U.S. Bank National Association, a national banking association (“U.S. Bank”), as trustee (the “Indenture Trustee”) under the Indenture, dated as of September 11, 2009 (the “Indenture”), between the Issuing Entity and the Indenture Trustee.

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Contract
Back-Up Security Agreement • May 5th, 2020 • New York

EX-10.9 9 a67013_ex10-9.htm BACK-UP SECURITY AGREEMENT Exhibit 10.9 Execution Version FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2015-1, and U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of January 14, 2015 TABLE OF CONTENTS Page

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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 • July 8th, 2015 • Financial Services Vehicle Trust • Asset-backed securities • New York
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FINANCIAL SERVICES VEHICLE TRUST, BMW MANUFACTURING L.P., BMW AUTO LEASING LLC, BMW VEHICLE LEASE TRUST 2021-2, and as Indenture Trustee FORM OF BACK-UP SECURITY AGREEMENT
Back-Up Security Agreement • September 10th, 2021 • BMW Vehicle Lease Trust 2021-2 • Asset-backed securities • New York
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NISSAN MOTOR ACCEPTANCE CORPORATION, NISSAN-INFINITI LT, NILT TRUST, NISSAN AUTO LEASING LLC II, NISSAN AUTO LEASE TRUST 2007-A, and U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of July 31, 2007
Back-Up Security Agreement • August 6th, 2007 • Nissan Auto Leasing LLC Ii • Asset-backed securities • New York

This Back-Up Security Agreement, dated as of July 31, 2007 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), is among Nissan Motor Acceptance Corporation, a California corporation (“NMAC”), Nissan-Infiniti LT, a Delaware statutory trust (the “Titling Trust”), NILT Trust, a Delaware statutory trust (“NILT Trust”), Nissan Auto Leasing LLC II, a Delaware limited liability company (“NALL II”), Nissan Auto Lease Trust 2007-A, a Delaware statutory trust (the “Issuing Entity”), and U.S. Bank National Association (“U.S. Bank”), as trustee (the “Indenture Trustee”) under the Indenture, dated as of July 31, 2007 (the “Indenture”), between the Issuing Entity and the Indenture Trustee.

Sample 1
NISSAN MOTOR ACCEPTANCE CORPORATION, NISSAN-INFINITI LT, NILT TRUST, NISSAN AUTO LEASING LLC II, NISSAN AUTO LEASE TRUST 2006-A, and U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of November 21, 2006
Back-Up Security Agreement • November 22nd, 2006 • Nissan Auto Leasing LLC Ii • Asset-backed securities • New York

This Back-Up Security Agreement, dated as of November 21, 2006 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), is among Nissan Motor Acceptance Corporation, a California corporation (“NMAC”), Nissan-Infiniti LT, a Delaware statutory trust (the “Titling Trust”), NILT Trust, a Delaware statutory trust (“NILT Trust”), Nissan Auto Leasing LLC II, a Delaware limited liability company (“NALL II”), Nissan Auto Lease Trust 2006-A, a Delaware statutory trust (the “Issuing Entity”), and U.S. Bank National Association (“U.S. Bank”), as trustee (the “Indenture Trustee”) under the Indenture, dated as of November 21, 2006 (the “Indenture”), between the Issuing Entity and the Indenture Trustee.

Sample 1
NISSAN MOTOR ACCEPTANCE CORPORATION, NISSAN-INFINITI LT, NILT TRUST, NISSAN AUTO LEASING LLC II, NISSAN AUTO LEASE TRUST 200[ ]-[ ], and [U.S. BANK NATIONAL ASSOCIATION], as Indenture Trustee BACK-UP SECURITY AGREEMENT Dated as of [ ]
Back-Up Security Agreement • January 8th, 2008 • Nissan-Infiniti Lt • Asset-backed securities • New York

This Back-Up Security Agreement, dated as of [ ] (as amended, supplemented or otherwise modified from time to time, this “Agreement”), is among Nissan Motor Acceptance Corporation, a California corporation (“NMAC”), Nissan-Infiniti LT, a Delaware statutory trust (the “Titling Trust”), NILT Trust, a Delaware statutory trust (“NILT Trust”), Nissan Auto Leasing LLC II, a Delaware limited liability company (“NALL II”), Nissan Auto Lease Trust 200[ ]-[ ], a Delaware statutory trust (the “Issuing Entity”), and [U.S. Bank National Association] (“[U.S. Bank]”), as trustee (the “Indenture Trustee”) under the Indenture, dated as of [ ] (the “Indenture”), between the Issuing Entity and 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 2009-1, and
Back-Up Security Agreement • June 12th, 2009 • BMW Vehicle Lease Trust 2009-1 • Asset-backed securities • New York
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