America
securities and exchange commission
Washington DC 20549
Form 10-D
asset backed issuer
Distribution Report under Section 13 or 15(d)
Securities Exchange Act of 1934.
Monthly distribution period: October 1, 2023 to October 31, 2023
Issuer fee file number: 333-231740-05
Publishing entity central index key number: 0001863708
World Omni Automobile Lease Securitization Trust 2021-A
(Exact name of issuer as specified in the charter)
Commission File Depositor Number: 333-231740
Central Index Key Depositor Number: 0001439697
World Omni Auto Lease LLC
(exact name of depositor as specified in the charter)
Central Index Key Sponsor Number: 0001004150
World Omni Financial Corporation
(Exact name of sponsor as specified in charter)
Paula Pescaru, Assistant Secretary, (954) 418-5368
(phone number, including name and area code,
Name of person to be contacted in connection with this application
Delaware
(State or other jurisdiction of establishment or organization of the issuing entity)
90-0399122
(IRS Employer Identification Number)
250 Jim Moran Boulevard, Deerfield Beach, FL 33442
(Address (including postal code) of the issuer’s principal enforcement agency)
(954) 429-2200
(Telephone number of issuing institution (including area code))
Previous name or address if changed since last report: Not applicable.
To register/report (check one):
Class title | Section 12(b) | Article 12(g) | Section 15(d) |
Exchange name (For Section 12(b)) |
Asset-backed bonds, class A-1 | � | � | X | � |
Asset-backed bonds, class A-2 | � | � | X | � |
Asset-backed bonds, class A-3 | � | � | X | � |
Asset-backed bonds, class A-4 | � | � | X | � |
Asset-backed bonds, class B | � | � | X | � |
Registrant: (1) All reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such short period that the Registrant was required to file); A check mark indicates whether the document has been submitted. (2) has been subject to such filing requirements within the past 90 days;yes X no
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Part I – Distribution Information
Item 1. Distribution and pool performance information.
Distribution and pool performance information with respect to the assets of World Omni Automobile Lease Securitization Trust 2021-A for the distribution period beginning October 1, 2023 and ending October 31, 2023 is included in the monthly reports attached hereto. It is listed on the servicer certificate. This certificate is reported as Exhibit 99.1, which is incorporated herein by reference. For a description of the transactions and defined terms used in this report and the attached Monthly Servicer Certificate, filed as an Exhibit on Form 8-K filed by the Issuer on July 21, 2021. See Bills of Exchange Sales Agreements, Contracts and Other Documents.
Item 1A. Asset level information.
Asset Data File for the Issuer’s Asset Pool for the October Collection Period (“Form ABS-EE” filed by the Issuer with the Securities and Exchange Commission on November 29, 2023 as Exhibit 102 to Form ABS-EE) EE”) EE”) is incorporated by reference into this Form 10-D.
The Asset Documentation (Additional Explanatory Disclosures) relating to the Issuer’s asset pool for the October Collection Period filed as Exhibit 103 to each Form ABS-EE is also incorporated by reference into this Form 10-D.
Item 1B. Communication with asset representation reviewers and investors.
Not applicable.
Regulation AB Item 1121(c) Purchases and Exchanges
There are no activities to report during the distribution period required by Regulation AB, Item 1121(c).
Latest Form ABS-15G Date: January 9, 2023
Securitizer central index key (CIK): 0001004150
Part II – Other information
Item 2. Legal Proceedings.
Not applicable.
Section 3. Sale of Securities and Use of Proceeds.
Not applicable.
Item 4. Default on Senior Securities.
Not applicable.
Item 5. Submission of Matters to a Vote of Securityholders.
Not applicable.
Item 6. Material Obligors of Pool Assets.
Not applicable.
Item 7. Changes in Sponsor’s Interest in Securities.
Not applicable.
Item 8. Important Extension Provider Information.
Not applicable.
Item 9. Other Information.
Compliance with European Union and UK risk retention regulations.
World Omni Financial Corp. (“World Omni”) continues to have a significant net economic interest (“Retained Interest”) as the “originator” for purposes of each Securitization Rule (as defined in the Agreement). To do. Pursuant to option (d) of Article 6(3) of the respective Securitization Regulations, WOAL: (i) indirectly owns all limited liability company interests in World Omi Auto Leasing LLC (“WOAL”); Certificates issued by World Omni Automobile Lease Securitization Trust 2021-A (as defined in the Agreement), and (ii) any remaining interest in the 2021-A Reference Pool (as defined in the Agreement). Such Certificates and Interest are collectively represented below. At least 5% of the total securitization value of the units in the 2021-A Reference Pool (each as defined in the Agreement).
World Omni does not allow WOAL or any other affiliate to hedge or reduce any credit risk under or related to any retained interest or to sell, transfer or otherwise It does not allow you to abandon it in any way. Hedge or otherwise reduce the credit risk under or associated with the Reservation Rights (from the Reservation Rights) or sell, transfer or otherwise unless waived by method. To the extent permitted pursuant to securitization regulations. Additionally, World Omni has not changed the way it retains or calculates retained interest.
Item 10. Exhibits.
Exhibit 99 Monthly Servicer Certificate for Distribution Period beginning October 1, 2023 and ending October 31, 2023.
Exhibit 102 Asset Data File for Calendar Months October 1, 2023 through October 31, 2023 World Omni Automobile Lease Securitization Trust 2021-A on November 29, 2023, incorporated herein by reference (See ABS-EE Form Exhibit 102 filed by ).
Exhibit 103 Asset-Related Documents for Calendar Months October 1, 2023 through October 31, 2023 (incorporated herein by reference, by World Omni Automobile Lease Securitization Trust 2021-A on November 29, 2023) (See Exhibit 103 of the submitted ABS-EE form).
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has had duly authorized signatories sign this report on its behalf.
World Omni Automobile Lease Securitization Trust 2021-A (Issuing entity) |
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by: | World Omni Financial Corporation | |
(Servicer. Not in an individual capacity, but only as a servicer representing the issuing entity) | ||
Date: November 29, 2023 | /s/ Ronald J. Virtue | |
Ronald J. Virtue | ||
assistant treasurer |
Accessories/Exhibits
Document 99