other_material
confidence high
sentiment neutral
materiality 0.30
World Omni 2025-A trust amends overcollateralization target to 15.40% via First Supplemental Indenture
World Omni Auto Leasing LLC
- Overcollateralization Target Amount increased from 13.65% to 15.40% to align with the prospectus dated March 4, 2025.
- First Supplemental Indenture dated May 23, 2025, among World Omni Automobile Lease Securitization Trust 2025-A, Wilmington Trust as indenture trustee and account bank.
- Amendment corrects the target to match the originally disclosed level in the trust's March 6, 2025 SEC filing.
- No other changes to the base Indenture dated March 12, 2025.
item 8.01item 9.01