EX-4.1 2 tm2515870d1_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 EXECUTION VERSION FIRST SUPPLEMENTAL INDENTURE THIS FIRST SUPPLEMENTAL INDENTURE, dated May 23, 2025 and effective as of the Effective Date (as defined below) (this “First Supplemental Indenture”), is by and among WORLD OMNI AUTOMOBILE LEASE SECURITIZATION TRUST 2025-A, a Delaware statutory trust (the “Issuing Entity”), WILMINGTON TRUST, NATIONAL ASSOCIATION, as indenture trustee (in such capacity, the “Indenture Trustee”), and WILMINGTON TRUST, NATIONAL ASSOCIATION, as account bank (in such capacity, the “Account Bank”). Capitalized terms used in this First Supplemental Indenture and not otherwise defined herein shall have the meanings assigned thereto in Appendix A of the Indenture (as defined below). WHEREAS, the Issuing Entity, the Indenture Trustee and the Account Bank are parties to that certain Indenture, dated as of March 12, 2025 (as amended, supplemented and modified from time to time, the “Indenture”); WHEREAS, the parties hereto desire to amend the Indenture pursuant to Section 9.1(a) thereof; NOW, THEREFORE, in consideration of the mutual covenants contained herein, and other good and valuable considerat…
Open exhibit ↗Current Report · Items 8.01, 9.01 · 8-K
World Omni Automobile Lease Securitization Trust 2025-A
Other Events
Item 8.01. Other Events. On May 23, 2025, World Omni Automobile Lease Securitization Trust 2025-A, a Delaware statutory trust (the “Issuing Entity”), Wilmington Trust, National Association, as indenture trustee (the “Indenture Trustee”), and Wilmington Trust, National Association, as account bank (the “Account Bank”), entered into the First Supplemental Indenture (the “First Supplemental Indenture”).…
Disclosure sections
Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events.
On May 23, 2025, World Omni Automobile Lease Securitization
Trust 2025-A, a Delaware statutory trust (the “Issuing Entity”), Wilmington Trust, National Association, as indenture trustee
(the “Indenture Trustee”), and Wilmington Trust, National Association, as account bank (the “Account Bank”), entered
into the First Supplemental Indenture (the “First Supplemental Indenture”). The First Supplemental Indenture amends the Indenture,
dated as of March 12, 2025 (the “Indenture”), among the Issuing Entity, the Indenture Trustee and the Account Bank (filed
as Exhibit 4.1 to the registrant’s Form 8-K dated and filed on March 12, 2025, Commission File No. 333-264720-04), to amend the
Overcollateralization Target Amount from 13.65% (as stated in the Indenture prior to the effectiveness of the First Supplemental Indenture)
to 15.40% (as disclosed in the prospectus dated March 4, 2025, related to the issuance of the World Omni Automobile Lease Securitization
Trust 2025-A Notes, and filed with the SEC on March 6, 2025, Commission File No. 333-264720-04).