10-D 1 a10d.htm a10d.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-D

ASSET-BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

For the monthly distribution period from
April 1, 2011 to April 30, 2011

Commission File Number of issuing entity: 333-166296-02

BMW VEHICLE LEASE TRUST 2011-1
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: 333-166296

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)

Delaware
(State or other jurisdiction of
incorporation or organization of the
issuing entity)
38-6880782
(I.R.S. Employer Identification No.)

c/o BMW Financial Services NA, LLC
300 Chestnut Ridge Road
Woodcliff Lake, NJ 07677
(Address of principal executive offices
of issuing entity)
07677
(Zip Code)

201-307-4000
(Telephone number including area code)

Not Applicable
(Former name, former address, if changed since last report)


 
 

 

Registered/reporting pursuant to (check one)

                 
               
Name of exchange
                 Title of class
 
Section 12(b)
 
Section 12(g)
 
Section 15(d)
 
(If Section 12(b))
                 
Fixed Rate Class A-1 Notes
 
o
 
o
 
þ
 
                    
Fixed Rate Class A-2 Notes
 
o
 
o
 
þ
 
                    
Fixed Rate Class A-3 Notes
 
o
 
o
 
þ
 
                    
Fixed Rate Class A-4 Notes
 
o
 
o
 
þ
 
                    

Indicate by check mark whether the registrant (1) has filed 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 shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes þ                     No o


 
 

 

PART I — DISTRIBUTION INFORMATION
 
Item 1. Distribution and Pool Performance Information.
 
Response to Item 1 is set forth in Exhibit 99.1.
 
PART II — OTHER INFORMATION
 
Item 2. Legal Proceedings.
 
None.
 
Item 3. Sales of Securities and Use of Proceeds.
 
None.
 
Item 4. Defaults Upon Senior Securities.
 
None.
 
Item 5. Submission of Matters to a Vote of Security Holders.
 
None.
 
Item 6. Significant Obligors of Pool Assets.
 
No updates to report.
 
Item 7. Significant Enhancement Provider Information.
 
None.
 
Item 8. Other Information.
 
None.
 
Item 9. Exhibits.
 
 
 (a) The following is a list of documents filed as part of this Report on Form 10-D:
 
 
Exhibit 99.1           Statement relating to the May 20, 2011 distribution.
   
(b) The exhibits required to be filed by the registrant pursuant to Item 601 of Regulation S-K are listed above and in the Exhibit Index that immediately follows the signature page hereof.
 
 
 
 
 
 

 

SIGNATURES
 
     Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Dated: May 27, 2011
 

 
BMW VEHICLE LEASE TRUST 2011-1
    (Issuing Entity)
 
By:           BMW Financial Services NA, LLC, solely as servicer
 
By:  /s/ Martin Stremplat
Name: Martin Stremplat
Title:   Vice President – Finance & CFO

 
 
 

 
 

 

EXHIBIT INDEX

Exhibit Number
 
Description
99.1
 
Statement relating to the May 20, 2011 distribution.