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EX-4.1 - INDENTURE - BMW AUTO LEASING LLCindenture.htm
EX-1.1 - UNDERWRITING AGREEMENT - BMW AUTO LEASING LLCunderwriting.htm
EX-10.2 - VEHICLE TRUST SUPPLEMENT - BMW AUTO LEASING LLCvehicletrust.htm
EX-10.4 - 2013-1 SUBI SERVICING SUPPLEMENT - BMW AUTO LEASING LLCservicingsupp.htm
EX-10.9 - BACK-UP SECURITY AGREEMENT - BMW AUTO LEASING LLCbackupsecurity.htm
EX-10.8 - ISSUER ADMINISTRATION AGREEMENT - BMW AUTO LEASING LLCadminagreement.htm
EX-10.5 - SUBI CERTIFICATE TRANSFER AGREEMENT - BMW AUTO LEASING LLCsubicertificate.htm
EX-10.7 - AMENDED AND RESTATED TRUST AGREEMENT, - BMW AUTO LEASING LLCamendedandrestated.htm
EX-10.6 - ISSUER SUBI CERTIFICATE TRANSFER AGREEMENT - BMW AUTO LEASING LLCissuersubicertificate.htm
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C.  20549
 
Form 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 
Date of Report (Date of earliest event
Reported): January 16, 2013
 
BMW VEHICLE LEASE TRUST 2013-1
(Exact name of Issuing Entity as specified in its charter)
 
BMW AUTO LEASING LLC
(Exact name of Depositor as specified in its charter)
 
BMW FINANCIAL SERVICES NA, LLC
(Exact name of Sponsor as specified in its charter)
 
FINANCIAL SERVICES VEHICLE TRUST
(Exact name of co-registrant as specified in its charter)
 
 
                                 Delaware                                 
333-166296-04
 
 
 
                                 22-2013053                                 
(State or Other Jurisdiction of Incorporation)
(Commission
File Number)
(I.R.S. Employer Identification No.)
     
300 Chestnut Ridge Road
                                 Woodcliff Lake, NJ 07677                                 
(Address of Principal Executive Offices)
(Zip Code)
     
 
 
Registrant’s telephone number, including area code (201) 307-4000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
 
 

 
[   ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

 

Item 1.01.  Entry Into a Material Definitive Agreement
 
On or about January 24, 2013, BMW Auto Leasing LLC (“BMW LLC”) will transfer a special unit of beneficial interest in certain leases and the related leased vehicles (the “SUBI”) to BMW Vehicle Lease Trust 2013-1 (the “Trust”).  The Trust will grant a security interest in the SUBI to U.S. Bank National Association, and issue: (i) Class A-1 Asset-Backed Notes in the aggregate original principal amount of $229,000,000; (ii) Class A-2 Asset-Backed Notes in the aggregate original principal amount of $360,000,000; (iii) Class A-3 Asset-Backed Notes in the aggregate original principal amount of $336,000,000; and (iv) Class A-4 Asset-Backed Notes in the aggregate original principal amount of $75,000,000 (collectively, the “Notes”).  This Current Report on Form 8-K is being filed to file a copy of the Underwriting Agreement, Indenture, 2013-1 SUBI Servicing Supplement, Vehicle Trust Supplement, SUBI Certificate Transfer Agreement, Issuer SUBI Certificate Transfer Agreement, Amended and Restated Trust Agreement, Issuer Administration Agreement and Back-Up Security Agreement (as listed below) to be executed in connection with the issuance of the Notes to satisfy an undertaking to file copies of certain agreements to be executed in connection with the issuance of the Notes.
 
Item 9.01.  Financial Statements and Exhibits
 
(a)           Not applicable.
 
(b)           Not applicable.

(c)           Not applicable.
 
(d)           Exhibits:

1.1    Underwriting Agreement dated January 16, 2013 among BMW Financial Services NA, LLC (“BMW FS”), Merrill Lynch, Pierce, Fenner & Smith Incorporated and BMW LLC.
 
 
4.1    Indenture, to be dated as of January 24, 2013, between the Trust and U.S. Bank National Association, as indenture trustee (the “Indenture Trustee”).
 
 
10.2    Vehicle Trust Supplement, to be dated as of January 24, 2013, between BMW Manufacturing L.P., as grantor and UTI Beneficiary (“BMW LP”), and BNY Mellon Trust of Delaware, formerly known as The Bank of New York (Delaware), as vehicle trustee.

10.4    2013-1 SUBI Servicing Supplement, to be dated as of January 24, 2013, among BMW FS, as servicer, Financial Services Vehicle Trust, as vehicle trust (“FSVT”), and BMW LP, as UTI Beneficiary, to the Basic Servicing Agreement, dated as of August 30, 1995, among FSVT, BMW LP and BMW FS.
 
 
10.5    SUBI Certificate Transfer Agreement, to be dated as of January 24, 2013, between BMW LP, as transferor, and BMW LLC, as transferee.
 
 
10.6    Issuer SUBI Certificate Transfer Agreement, to be dated as of January 24, 2013, between BMW LLC, as transferor, and the Trust, as transferee.
 
 
10.7    Amended and Restated Trust Agreement, dated as of January 24, 2013, between BMW LLC and Wilmington Trust, National Association, as owner trustee.
 
 
10.8    Issuer Administration Agreement, dated as of January 24, 2013, among BMW FS, as administrator, the Trust, BMW LLC, as transferor, and the Indenture Trustee.

10.9    Back-Up Security Agreement, dated as of January 24, 2013, among FSVT, BMW LP, BMW LLC, the Trust and the Indenture Trustee.


 
 

 

SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.
 


BMW VEHICLE LEASE TRUST 2013-1
 
By: BMW Financial Services NA, LLC,
as Servicer
 
 
By: /s/ Joachim Hensel                                                       
Name: Joachim Hensel
Title: Vice President-Finance & CFO
 
 
By: /s/ Ralf Edelmann                         
Name: Ralf Edelmann
Title: Treasurer
FINANCIAL SERVICES VEHICLE TRUST
 
By: BMW Financial Services NA, LLC,
as Servicer
 
 
By: /s/ Joachim Hensel                                                       
Name: Joachim Hensel
Title: Vice President-Finance & CFO
 
 
By: /s/ Ralf Edelmann                                                          
Name: Ralf Edelmann
Title: Treasurer



BMW AUTO LEASING LLC

By: BMW Financial Services NA, LLC,
as Managing Member



By: /s/ Joachim Hensel                                                                        
Name: Joachim Hensel          
Title: Vice President-Finance & CFO


By: /s/ Ralf Edelmann                                                                                      
Name: Ralf Edelmann
Title: Treasurer

 
Dated: January 18, 2013