Sale and Servicing Agreement
BMW FS SECURITIES LLC
Execution Version
SALE AND SERVICING AGREEMENT
among
BMW VEHICLE OWNER TRUST 2026-A,
as Issuer,
BMW FS SECURITIES LLC,
as Depositor,
BMW FINANCIAL SERVICES NA, LLC,
as Sponsor, Servicer, Administrator and Custodian,
U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION,
as Indenture Trustee,
and
U.S. BANK NATIONAL ASSOCIATION,
as Securities Intermediary
Dated as of August 19, 2026
TABLE OF CONTENTS
PAGE
| ARTICLE I. DEFINITIONS | ||
| SECTION 1.01. | Definitions. | 1 |
| SECTION 1.02. | Other Definitional Provisions. | 19 |
| ARTICLE II. CONVEYANCE OF RECEIVABLES | ||
| SECTION 2.01. | Conveyance of Receivables. | 20 |
| ARTICLE III. THE RECEIVABLES |
…