Document:

EX-10.9

 Exhibit 10.9 
  

 
 NISSAN AUTO LEASE TRUST
20[●]-[●], 
 NISSAN MOTOR ACCEPTANCE CORPORATION, 

as Administrative Agent, 
 NISSAN
AUTO LEASING LLC II, 
 as Depositor, 

and 

[                    ], 

as Indenture Trustee 
  

 
 TRUST
ADMINISTRATION AGREEMENT 
 Dated as of [●] [●], 20[●] 

 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 Section 1.01
	 	 Capitalized Terms; Interpretive Provisions
	  	 	1	 
			
	 Section 1.02
	 	 Duties of the Administrative Agent
	  	 	2	 
			
	 Section 1.03
	 	 Records
	  	 	7	 
			
	 Section 1.04
	 	 Compensation
	  	 	7	 
			
	 Section 1.05
	 	 Additional Information to be Furnished to the Issuing Entity
	  	 	7	 
			
	 Section 1.06
	 	 Independence of the Administrative Agent
	  	 	7	 
			
	 Section 1.07
	 	 No Joint Venture
	  	 	7	 
			
	 Section 1.08
	 	 Other Activities of Administrative Agent
	  	 	7	 
			
	 Section 1.09
	 	 Term of Agreement; Resignation and Removal of Administrative Agent
	  	 	7	 
			
	 Section 1.10
	 	 Action Upon Termination, Resignation or Removal
	  	 	9	 
			
	 Section 1.11
	 	 Notices
	  	 	9	 
			
	 Section 1.12
	 	 Amendments
	  	 	9	 
			
	 Section 1.13
	 	 Successors and Assigns
	  	 	10	 
			
	 Section 1.14
	 	 Governing Law
	  	 	10	 
			
	 Section 1.15
	 	 Headings
	  	 	11	 
			
	 Section 1.16
	 	 Counterparts
	  	 	11	 
			
	 Section 1.17
	 	 Severability
	  	 	11	 
			
	 Section 1.18
	 	 Limitation of Liability of Owner Trustee and Indenture Trustee
	  	 	11	 
			
	 Section 1.19
	 	 Third-Party Beneficiary
	  	 	11	 
			
	 Section 1.20
	 	 No Petition
	  	 	11	 

  
 -i- 

 TRUST ADMINISTRATION AGREEMENT 

This Trust Administration Agreement, dated as of [●] [●], 20[●] (this “Agreement”), is among Nissan Auto
Lease Trust 20[●]-[●], a Delaware statutory trust (the “Issuing Entity”), Nissan Motor Acceptance Corporation, a California corporation (“NMAC”), as administrative agent (in such capacity, the
“Administrative Agent”), Nissan Auto Leasing LLC II, a Delaware limited liability company (“NALL II”), as depositor (the “Depositor”), and
[                    ], a [                    ]
(“[                    ]”), as indenture trustee (the “Indenture Trustee”). 

RECITALS 
 WHEREAS, the Issuing
Entity was formed pursuant to a trust agreement, dated as of [●] [●], 20[●], as amended and restated by the amended and restated trust agreement, dated as of [●] [●], 20[●] (the “Trust
Agreement”), between the Depositor and [                    ], as trustee (the “Owner Trustee”); and 

WHEREAS, the parties desire to enter into this agreement to provide for, among other things, the Administrative Agent’s provision of
certain services to the Issuing Entity and the Owner Trustee. 
 NOW, THEREFORE, in consideration of the mutual agreements herein contained,
and of other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree as follows: 

Section 1.01    Capitalized Terms; Interpretive Provisions. 

(a)    Capitalized terms used herein that are not otherwise defined shall have the respective meanings ascribed thereto in
the Agreement of Definitions, dated as of [●], 20[●], by and among the Issuing Entity, NILT Trust, a Delaware statutory trust, as grantor and initial beneficiary (in such capacity, the “Grantor” and the “UTI
Beneficiary,” respectively), and as transferor, Nissan-Infiniti LT, a Delaware statutory trust (the “Titling Trust”), NMAC, in its individual capacity, as Administrative Agent and as servicer (in such capacity, the
“Servicer”), NALL II, NILT, Inc., a Delaware corporation, as trustee to the Titling Trust (the “Titling Trustee”), the Owner Trustee, Wilmington Trust Company, a Delaware corporation with trust powers, as Delaware
trustee (the “Delaware Trustee”), U.S. Bank, as trust agent (in such capacity, the “Trust Agent”) and the Indenture Trustee. 

(b)    For all purposes of this Agreement, except as otherwise expressly provided or unless the context otherwise
requires, (i) terms used herein include, as appropriate, all genders and the plural as well as the singular, (ii) references to words such as “herein,” “hereof” and the like shall refer to this Agreement as a whole and
not to any particular part, Article or Section within this Agreement, (iii) references to an Article or Section such as “Article One” or “Section 1.01” shall refer to the applicable Article or
Section of this Agreement, (iv) the term “include” and all variations thereof shall mean “include without limitation,” (v) the term “or” shall include “and/or,” (vi) the term “proceeds” shall
have the meaning ascribed to such term in the UCC, (vii) references to Persons include their permitted successors and assigns, (viii) references to agreements and other contractual instruments include all subsequent amendments, amendments
and restatements and supplements thereto or changes therein entered into in accordance with 

  
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20[●]-[●] Trust Administration Agreement) 

 
their respective terms and not prohibited by this Agreement, except that references to the SUBI Trust Agreement include only such items as related to the 20[●]-[●] SUBI and the
Titling Trust, (ix) references to laws include their amendments and supplements, the rules and regulations thereunder and any successors thereto, (x) references to this Agreement include all Exhibits hereto, (xi) the phrase
“Titling Trustee on behalf of the Trust,” or words of similar import, shall, to the extent required to effectuate the appointment of any Co-Trustee pursuant to the Titling Trust Agreement, be deemed
to refer to the Trustee (or such Co-Trustee) on behalf of the Titling Trust, and (xii) in the computation of a period of time from a specified date to a later specified date, the word “from”
shall mean “from and including” and the words “to” and “until” shall mean “to but excluding.” 

Section 1.02    Duties of the Administrative Agent. 

(a)    The Administrative Agent agrees to perform all its duties as Administrative Agent and the duties of the Issuing
Entity and the Owner Trustee under the Related Documents. In addition, the Administrative Agent shall consult with the Owner Trustee regarding the duties of the Issuing Entity or the Owner Trustee under the Related Documents. The Administrative
Agent shall monitor the performance of the Issuing Entity and shall advise the Owner Trustee when action is necessary to comply with the respective duties of the Issuing Entity and the Owner Trustee under the Related Documents. The Administrative
Agent shall prepare for execution by the Issuing Entity, or shall cause the preparation by other appropriate persons of, all such documents, reports, notices, filings, instruments, certificates and opinions that it shall be the duty of the Issuing
Entity or the Owner Trustee to prepare, file or deliver pursuant to the Related Documents. In addition, the Administrative Agent or the Depositor shall execute and deliver any filings, certificates, affidavits or other instruments required under the
Sarbanes-Oxley Act of 2002, to the extent permitted by applicable law. In furtherance of the foregoing, the Administrative Agent shall take (or, in the case of the immediately preceding sentence, cause to be taken) all appropriate action that the
Issuing Entity or the Owner Trustee is required to take pursuant to the Indenture, including, without limitation, such of the foregoing as are required with respect to the following matters under the Indenture (references are to Sections of the
Indenture): 
 (i)    the preparation of or obtaining of the documents and instruments required for execution and
authentication of the Notes and delivery of the same to the Indenture Trustee (Section 2.02); 
 (ii)    the duty
to cause the Note Register to be kept and to give the Indenture Trustee notice of any appointment of a new Note Registrar and the location, or change in location, of the Note Register (Section 2.04); 

(iii)    preparation of, obtaining of or filing of all instruments, opinions and certificates or other documents required
for the release of Collateral (Section 2.08); 
 (iv)    the maintenance of an office in
[                    ], for registration of transfer or exchange of Notes (Section 3.02); 

  
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(NALT 20[●]-[●] Trust Administration Agreement) 

 (v)    the duty to cause newly appointed Paying Agents, if any, to
deliver to the Indenture Trustee the instrument specified in the Indenture regarding funds held in trust (Section 3.03); 

(vi)    the direction to the Indenture Trustee to deposit monies with Paying Agents, if any, other than the Indenture
Trustee (Section 3.03); 
 (vii)    the obtaining and preservation of the Issuing Entity’s qualifications to
do business (Section 3.04); 
 (viii)    the preparation of all supplements and amendments to the Indenture and
all financing statements, continuation statements, instruments of further assurance and other instruments and the taking of such other action as are necessary or advisable to protect the Owner Trust Estate (Section 3.05); 

(ix)    the delivery of the Opinion of Counsel on the Closing Date and the annual delivery of Opinions of Counsel, as to
the Owner Trust Estate, and the annual delivery of the Officer’s Certificate and certain other statements as to compliance with the Indenture (Sections 3.06 and 3.09); 

(x)    the identification to the Indenture Trustee in an Officer’s Certificate of any Person with whom the Issuing
Entity has contracted to perform its duties under the Indenture (Section 3.07(b)); 
 (xi)    the notification of
the Indenture Trustee and each Rating Agency of a Servicer Default under the Servicing Agreement and, if such Servicer Default arises from the failure of the Servicer to perform any of its duties or obligations under the Servicing Agreement with
respect to the 20[●]-[●] SUBI Assets, the taking of all reasonable steps available to remedy such failure (Section 3.07(d)); 

(xii)    the delivery of written notice to the Indenture Trustee[, the [Swap Counterparty][Cap Provider]] and each Rating
Agency of each Indenture Default (Section 3.11); 
 (xiii)    the delivery of prior written notice to each Rating
Agency of the Issuing Entity’s consolidation or merger with or into any other Person (Section 3.15(a)); 

(xiv)    the delivery of prior written notice to each Rating Agency of the Issuing Entity’s conveyance or transfer of
any of its properties or assets to any Person (Section 3.15(b)); 
 (xv)    the preparation and obtaining of
documents and instruments required for the release of the Issuing Entity from its obligations under the Indenture (Section 4.01); 

(xvi)    the monitoring of the Issuing Entity’s obligations as to the satisfaction and discharge of the Indenture and
the preparation of an Officer’s Certificate and the obtaining of the Opinion of Counsel and the Independent Certificate relating thereto (Section 4.01); 

  
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(NALT 20[●]-[●] Trust Administration Agreement) 

 (xvii)    the preparation and delivery of notice to the Rating Agencies
of the removal of the Indenture Trustee and the appointment of a successor Indenture Trustee (Section 6.08); 

(xviii)    the preparation of any written instruments required to confirm more fully the authority of any co-trustee or separate trustee and any written instruments necessary in connection with the resignation or removal of the Indenture Trustee or any co-trustee or separate
trustee (Sections 6.08 and 6.10); 
 (xix)    the furnishing of the Indenture Trustee with the names and
addresses of Noteholders during any period when the Indenture Trustee is not the Note Registrar (Section 7.01); 

(xx)    the furnishing of certain reports with the Indenture Trustee (Section 7.03); 

(xxi)    the taking of all other actions necessary with respect to the investment of funds in the Note Distribution
Account (Sections 8.02 and 8.05); 
 (xxii)    [Reserved]; 

(xxiii)    the preparation of Issuing Entity Requests and the obtaining of Opinions of Counsel with respect to the
execution of supplemental indentures, and the mailing of notices to the Noteholders [and the [Cap Provider][Swap Counterparty]]with respect thereto (Sections 9.01 and 9.02); 

(xxiv)    the execution of new Notes conforming to any supplemental indenture (Section 9.05); 

(xxv)    the duty to notify each Rating Agency of redemption of the Notes (Section 10.02); 

(xxvi)    the preparation and delivery of all Officer’s Certificates, Opinions of Counsel and Independent
Certificates with respect to any requests by the Issuing Entity to the Indenture Trustee to take any action under the Indenture (Section 11.01(a), (b)); 

(xxvii)    the preparation and delivery of Officer’s Certificates and the obtaining of Independent Certificates, if
necessary, for the release of property from the Lien of the Indenture (Section 11.01(b)); 

(xxviii)    [Reserved]; and 

(xxix)    the preparation of Definitive Notes in accordance with the instructions of the Clearing Agency (Section
2.11). 
 (b)    The Administrative Agent shall (a) pay the Indenture Trustee from time to time the reasonable
compensation provided for in the Indenture with respect to services rendered by the Indenture Trustee, (b) pay the Owner Trustee, the Certificate Registrar and the Paying Agent from time to time reasonable compensation provided for in the Trust
Agreement for all services 

  
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(NALT 20[●]-[●] Trust Administration Agreement) 

 
rendered by the Owner Trustee, the Certificate Registrar and the Paying Agent (which compensation shall not be limited by any provision of law in regard to the compensation for a trustee of an
express trust); (c) provide the indemnification specified in Section 8.01 of the Trust Agreement, and Section 6.07 of the Indenture, and (d) cause the Servicer to provide the indemnification
specified in Section 8.02(e) of the Servicing Agreement. 
 (c)    In addition to the duties
set forth above in Sections 1.02(a) and (b), the Administrative Agent shall perform such calculations and shall prepare or shall cause the preparation by other appropriate Persons of, and shall execute on behalf of the Issuing Entity
or the Owner Trustee, all such documents, notices, reports, filings, instruments, certificates and opinions that the Issuing Entity or the Owner Trustee is required to prepare, file or deliver pursuant to the Related Documents, and at the request of
the Owner Trustee shall take all appropriate action that the Issuing Entity or the Owner Trustee is required to take pursuant to the Related Documents. Subject to Section 1.06 of this Agreement, and in accordance with the
directions of the Owner Trustee, the Administrative Agent shall administer, perform or supervise the performance of such other activities in connection with the Collateral (including the Related Documents) as are not covered by any of the foregoing
provisions and as are expressly requested by the Owner Trustee and are reasonably within the capability of the Administrative Agent. 

(d)    Notwithstanding anything in this Agreement or the Related Documents to the contrary, the Administrative Agent shall
be responsible for promptly notifying the Owner Trustee if any withholding tax is imposed on the Issuing Entity’s payments (or allocations of income) to a Trust Certificateholder as contemplated in Section 5.02(d) of
the Trust Agreement. Any such notice shall specify the amount of any withholding tax required to be withheld by the Owner Trustee pursuant to such provision. 

(e)    Notwithstanding anything in this Agreement or the Related Documents to the contrary, the Administrative Agent shall
be responsible for performance of the duties of the Owner Trustee set forth in Sections 5.03 and 9.01(c) of the Trust Agreement with respect to notifying the Trust Certificateholders of the Payment Date on which their Trust
Certificates will be repaid and Section 5.04(a) of the Trust Agreement with respect to accounting and reports to Trust Certificateholders; provided, however, that the Owner Trustee shall retain responsibility
for the distribution of the documentation necessary to enable each Trust Certificateholder to prepare its federal and state income tax returns. 

(f)    The Administrative Agent shall satisfy its obligations with respect to clauses (d) and (e) above by retaining,
at the expense of the Administrative Agent, Accountants acceptable to the Owner Trustee, which shall perform the obligations of the Administrative Agent thereunder. 

(g)    The Administrative Agent shall perform any duties expressly required to be performed by the Administrative Agent
under the Trust Agreement. The Administrative Agent shall perform all duties and obligations applicable to or required of the Issuing Entity set forth in Schedule A to the 20[●]-[●] Servicing Supplement in accordance with the terms and
conditions thereof. 
 (h)    [Reserved]. 

  
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(NALT 20[●]-[●] Trust Administration Agreement) 

 (i)    In carrying out the foregoing duties or any of its other
obligations under this Agreement, the Administrative Agent may enter into transactions or otherwise deal with any of its Affiliates; provided, however, that the terms of any such transactions or dealings shall be in accordance with any
directions received from the Issuing Entity and shall be, in the Administrative Agent’s opinion, no less favorable to the Issuing Entity than would be available from unaffiliated parties. 

(j)    With respect to matters that in the reasonable judgment of the Administrative Agent are non-ministerial, the Administrative Agent shall not take any action unless within a reasonable time before the taking of such action the Administrative Agent shall have notified the Owner Trustee of the proposed
action and the Owner Trustee shall not have withheld consent or provided an alternative direction. For the purpose of the preceding sentence, “non-ministerial matters” shall include: 

(i)    amendment of or any supplement to the Indenture; 

(ii)    the initiation of any claim or lawsuit by the Issuing Entity and the compromise of any action, claim or lawsuit
brought by or against the Issuing Entity (other than in connection with the collection of the Leases); 
 (iii)    the
amendment, change or modification of the Related Documents; 
 (iv)    the appointment of successor Note Registrars,
successor Paying Agents and successor Indenture Trustees pursuant to the Indenture or the appointment of successor Administrative Agents or successor Servicers, or the consent to the assignment by the Note Registrar, any Paying Agent or Indenture
Trustee of its obligations under the Indenture; and 
 (v)    the removal of the Indenture Trustee. 

Notwithstanding anything to the contrary in this Agreement, the Administrative Agent shall not be obligated to, and shall not, (i) make
any payments to the Noteholders [or the Swap Counterparty] under the Related Documents, (ii) sell the Owner Trust Estate pursuant to Section 5.02 of the Indenture, (iii) take any other action that the Issuing
Entity directs the Administrative Agent not to take on its behalf or (iv) take any other action which may be construed as having the effect of varying the investment of the Trust Certificateholders. 

(k)    The Administrative Agent will deliver to each Rating Agency notice (which shall be deemed to be delivered if a copy
of such notice has been posted on any web site maintained by NMAC pursuant to a commitment to any Rating Agency relating to the Notes in accordance with 17 C.F.R. 240.17g-5(a)(3)) of (i) any Servicer
Default pursuant to Section 3.07(d) of the Indenture; (ii) any breach of perfection representations pursuant to Section 3.18(c) of the Indenture; (iii) any declaration that the principal of the Notes has been accelerated pursuant
to Section 5.02 of the Indenture; (iv) any Indenture Default of which it has been provided notice pursuant to Section 6.05 of the Indenture; (v) any merger or consolidation of the Indenture Trustee pursuant to
Section 6.09 of the Indenture; (vi) unaudited report it has been provided pursuant to Section 8.04(f) of the Indenture; (vii) any final payment of Trust Certificates pursuant to
Section 9.01(c) of the Trust Agreement; (viii) any resignation of the Owner Trustee of which it has been provided notice pursuant to Section 10.02 of the Trust Agreement; (ix) any

  
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(NALT 20[●]-[●] Trust Administration Agreement) 

 
resignation or removal of the Owner Trustee pursuant to Section 10.02 of the Trust Agreement; (x) any merger or consolidation of the Owner Trustee pursuant to
Section 10.04 of the Trust Agreement; (xi) any Servicer Default of which it has been provided notice pursuant to Section 8.12(c) of the 20[●]-[●] Servicing Supplement; and
(xii) any amendment to the Agreement of Definitions pursuant to Section 1.04(g) of the Agreement of Definitions. 

Section 1.03    Records. The Administrative Agent shall maintain appropriate books of account and records
relating to services performed hereunder, which books of account and records shall be accessible for inspection by the Issuing Entity and the Depositor at any time during normal business hours upon reasonable prior written notice. 

Section 1.04    Compensation. As compensation for the performance of the Administrative Agent’s
obligations under this Agreement and as reimbursement for its expenses related thereto, the Administrative Agent shall be entitled to a monthly payment of compensation in an amount to be agreed to between the Administrative Agent and the Servicer,
which shall be solely an obligation of the Servicer and which shall not be paid from the proceeds of the Leases, Leased Vehicles or other Titling Trust Assets. 

Section 1.05    Additional Information to be Furnished to the Issuing Entity. The Administrative Agent shall
furnish to the Issuing Entity from time to time such additional information regarding the Collateral as the Issuing Entity shall reasonably request. 

Section 1.06    Independence of the Administrative Agent. For all purposes of this Agreement, the
Administrative Agent shall be an independent contractor and shall not be subject to the supervision of the Issuing Entity or the Owner Trustee with respect to the manner in which it accomplishes the performance of its obligations hereunder. Unless
expressly authorized by the Issuing Entity, the Administrative Agent shall have no authority to act for or represent the Issuing Entity or the Owner Trustee in any way and shall not otherwise be deemed an agent of the Issuing Entity or the Owner
Trustee. 
 Section 1.07    No Joint Venture. Nothing contained in this Agreement (i) shall constitute
the Administrative Agent and either of the Issuing Entity or the Owner Trustee as members of any partnership, joint venture, association, syndicate, unincorporated business or other separate entity, (ii) shall be construed to impose any
liability as such on any of them or (iii) shall be deemed to confer on any of them any express, implied or apparent authority to incur any obligation or liability on behalf of the others. 

Section 1.08    Other Activities of Administrative Agent. Nothing herein shall prevent the Administrative
Agent or its Affiliates from engaging in other businesses or, in its sole discretion, from acting in a similar capacity as an Administrative Agent for any other Person or entity, even though such person or entity may engage in business activities
similar to those of the Issuing Entity, the Owner Trustee or the Indenture Trustee. 
 Section 1.09    Term of
Agreement; Resignation and Removal of Administrative Agent. This Agreement shall continue in force until the dissolution of the Issuing Entity, upon which event this Agreement shall automatically terminate. 

  
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(NALT 20[●]-[●] Trust Administration Agreement) 

 (a)    Subject to Sections 1.09(d) and 1.09(e) of this
Agreement, the Administrative Agent may resign its duties hereunder by providing the Issuing Entity with at least 60 days’ prior written notice. 

(b)    Subject to Sections 1.09(d) and 1.09(e) of this Agreement, the Issuing Entity may remove the
Administrative Agent without cause by providing the Administrative Agent with at least 60 days’ prior written notice. 

(c)    Subject to Sections 1.09(d) and 1.09(e) of this Agreement, at the sole option of the Issuing Entity,
the Administrative Agent may be removed immediately upon written notice of termination from the Issuing Entity to the Administrative Agent if any of the following events shall occur: 

(i)    the Administrative Agent shall default in the performance of any of its duties under this Agreement and which,
after notice of such default, continues unremedied for 60 days (or for such longer period not in excess of 90 days as may be reasonably necessary to remedy such failure); 

(ii)    (A) the existence of any Proceeding in, or the entry of a decree or order for relief by, a court or regulatory
authority having jurisdiction over the Administrative Agent in an involuntary case under the federal bankruptcy laws, as now or hereafter in effect, (B) the appointment of a receiver, liquidator, assignee, trustee, custodian, sequestrator, or
other similar official with respect to the Administrative Agent or of any substantial part of its property or (C) the ordering of the winding up or liquidation of the affairs of the Administrative Agent, and in each case, the continuance of any
such Proceeding unstayed and in effect for a period of 90 consecutive days, or immediately upon entry of any decree or order; or 

(iii)    the Administrative Agent (A) applies for or consents to the appointment of, or the taking of possession by,
a receiver, custodian, trustee, or liquidator of itself or of all or a substantial part of its property, (B) fails to pay, or is generally unable to pay, its debts as they become due, (C) makes a general assignment for the benefit of
creditors, (D) commences a voluntary case under the federal bankruptcy laws (E) is adjudicated to be bankrupt or insolvent, (F) files a petition seeking to take advantage of any other law providing for the relief of debtors, or
(G) takes any corporate action for the purpose of effecting any of the foregoing, and in each case, the continuance of any such event remains unstayed and in effect for a period of 90 consecutive days. 

The Administrative Agent agrees that if any of the events specified in clauses (ii) or (iii) above shall occur, it shall give written
notice thereof to the Issuing Entity and the Indenture Trustee within seven days after the occurrence of such event. 

(d)    No resignation or removal of the Administrative Agent pursuant to this Section shall be effective until (i) a
successor Administrative Agent shall have been appointed by the Issuing Entity and (ii) such successor Administrative Agent shall have agreed in writing to be bound by the terms of this Agreement in the same manner as the Administrative Agent
is bound hereunder. 

  
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(NALT 20[●]-[●] Trust Administration Agreement) 

 (e)    The appointment of any successor Administrative Agent shall be
effective only after satisfaction of the Rating Agency Condition with respect to the proposed appointment. 

(f)    Subject to Sections 1.09(d) and 1.09(e), the Administrative Agent acknowledges that upon the
appointment of a successor Servicer pursuant to the Servicing Agreement, the Administrative Agent shall immediately resign and such successor Servicer shall automatically become the Administrative Agent under this Agreement. 

Section 1.10    Action Upon Termination, Resignation or Removal. Promptly upon the effective date of
termination of this Agreement pursuant to the first sentence of Section 1.09 or the resignation or removal of the Administrative Agent pursuant to Section 1.09(a), (b) or (c),
respectively, the Administrative Agent shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Administrative Agent shall forthwith upon such termination pursuant to
the first sentence of Section 1.09 deliver to the Issuing Entity all property and documents representing or relating to the Collateral then in the custody of the Administrative Agent. In the event of the resignation or
removal of the Administrative Agent pursuant to Section 1.09(a), (b) or (c), respectively, the Administrative Agent shall cooperate with the Issuing Entity and take all reasonable steps requested to assist the
Issuing Entity in making an orderly transfer of the duties of the Administrative Agent. 

Section 1.11    Notices. All demands, notices and communications hereunder shall be in writing and shall be
delivered, sent electronically by telecopier or email (if an email address is provided), or mailed by registered or certified first-class United States mail, postage prepaid, hand delivery, prepaid courier service, and addressed in each case as
follows: (i) if to the Issuing Entity or the Administrative Agent, at [●] (telecopier no. [●]) (email: [●]), Attention: Treasurer; (ii) if to the Owner Trustee, at [●] (telecopier no. [●]) (email: [●]),
Attention: [●]; (iii) if to the Indenture Trustee, at [●] (telecopier no. [●]) (email: [●]), Attention: Nissan Auto Lease Trust 20[●]-[●]; [(iv) if to [●], at [●] (telecopier no. [●]) (email:
[●]), Attention: [●]; (v) if to [●], at [●] (telecopier no. [●]) (email: [●]), Attention: [●];] or (vi) if to the Depositor, at [●] (telecopier no. [●]) (email: [●]), Attention:
Treasurer; or at such other address as shall be designated by any of the foregoing in a written notice to the other parties hereto. Delivery shall occur only when delivered by hand or, in the case of mail, email or facsimile notice, upon actual
receipt or reported tender of such communication by an officer of the intended recipient entitled to receive such notices located at the address of such recipient for notices hereunder; provided, however, any demand, notice or
communication to be delivered pursuant to this Trust Administration Agreement to any Rating Agency shall be deemed to be delivered if a copy of such demand, notice or communication has been posted on any web site maintained by NMAC pursuant to a
commitment to any Rating Agency relating to the Notes in accordance with 17 C.F.R. 240 17g-5(a)(3). 

Section 1.12    Amendments. This Agreement may be amended from time to time by a written amendment duly
executed and delivered by the parties hereto, with the written consent of the Owner Trustee but without the consent of the Securityholders, for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of
this Agreement or of modifying in any manner the rights of the Securityholders; provided, that such amendment will not materially and adversely affect any Noteholder. An amendment shall be 

  
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(NALT 20[●]-[●] Trust Administration Agreement) 

 
deemed not to materially and adversely affect the Noteholders if (i) the Rating Agency Condition is satisfied with respect to such amendment, or (ii) the Administrative Agent or the
Depositor delivers an Officer’s Certificate to the Indenture Trustee stating that such amendment will not materially and adversely affect the Noteholders. This Agreement may also be amended by the parties hereto with the written consent of the
Owner Trustee and (a) the holders of Notes evidencing at least a majority of the Outstanding Amount, or (b) in the case of any amendment that does not materially and adversely affect the Noteholders, the holders of Trust Certificates
evidencing at least a majority of the Certificate Balance, for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Agreement or of modifying in any manner the rights of Securityholders;
provided however, that no such amendment may (i) increase or reduce in any manner the amount of, or accelerate or delay the timing of, collections of payments on the 20[●]-[●] Leases or distributions that are required to be made for
the benefit of the Securityholders, or (ii) reduce the aforesaid percentage of the holders of Notes and Trust Certificates which are required to consent to any such amendment, without the consent of the holders of all outstanding Notes and
Trust Certificates. [Notwithstanding the foregoing, this Agreement may not be amended in any way that would materially and adversely affect the rights of the [Cap Provider] [Swap Counterparty] without prior consent of the [Cap Provider] [Swap
Counterparty]; provided that the [Cap Provider’s] [Swap Counterparty’s] consent to any such amendment shall not be unreasonably withheld, and provided, futher that the [Cap Provider’s] [Swap Counterparty’s] consent will be deemed
to have been given if the [Cap Provider] [Swap Counterparty] does not object in writing within 10 days of receipt of a written request for such consent.] Notwithstanding the foregoing, the Administrative Agent may not amend this Agreement without
the permission of the Depositor, which permission shall not be unreasonably withheld. 

Section 1.13    Successors and Assigns. This Agreement may not be assigned by the Administrative Agent unless
such assignment is previously consented to in writing by the Issuing Entity and the Owner Trustee and subject to the satisfaction of the Rating Agency Condition in respect thereof. An assignment with such consent and satisfaction, if accepted by the
assignee, shall bind the assignee hereunder in the same manner as the Administrative Agent is bound hereunder. Notwithstanding the foregoing, this Agreement may be assigned by the Administrative Agent without the consent of the Issuing Entity or the
Owner Trustee to a corporation or other organization that is a successor (by merger, consolidation or purchase of assets) to the Administrative Agent; provided, that such successor organization executes and delivers to the Issuing Entity, the Owner
Trustee and the Indenture Trustee an agreement, in form and substance reasonably satisfactory to the Owner Trustee and the Indenture Trustee, in which such corporation or other organization agrees to be bound hereunder by the terms of said
assignment in the same manner as the Administrative Agent is bound hereunder. Subject to the foregoing, this Agreement shall bind any successors or assigns of the parties hereto. 

Section 1.14    Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF NEW YORK, WITHOUT REFERENCE TO ITS CONFLICT OF LAW PROVISIONS (OTHER THAN SECTION 5-1401 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK). 

  
 10 

(NALT 20[●]-[●] Trust Administration Agreement) 

 Section 1.15    Headings. The headings of the various
Sections herein are for convenience of reference only and shall not define or limit any of the terms or provisions hereof. 

Section 1.16    Counterparts. This Agreement may be executed by the parties hereto in separate counterparts,
each of which when so executed and delivered shall be an original, but all such counterparts shall together constitute but one and the same instrument. 

Section 1.17    Severability. Any provision of this Agreement that is prohibited or unenforceable in any
jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not
invalidate or render unenforceable such provision in any other jurisdiction. 
 Section 1.18    Limitation of
Liability of Owner Trustee and Indenture Trustee. 
 (a)    Notwithstanding anything contained herein to the
contrary, this instrument has been countersigned by [                    ] in its capacity as Owner Trustee of the Issuing Entity and in no event
shall [                    ] in its individual capacity or any beneficial owner of the Issuing Entity have any liability for the representations,
warranties, covenants, agreements or other obligations of the Issuing Entity hereunder, as to all of which recourse shall be had solely to the assets of the Issuing Entity. For all purposes of this Agreement, in the performance of any duties or
obligations of the Issuing Entity hereunder, the Owner Trustee shall be subject to, and entitled to the benefits of, the terms and provisions of Articles Six, Seven and Eight of the Trust Agreement. 

(b)    Notwithstanding anything contained herein to the contrary, this Agreement has been executed by
[                    ] as Indenture Trustee and in no event shall
[                    ] have any liability for the representations, warranties, covenants, agreements or other obligations of the Issuing Entity
hereunder or in any of the certificates, notices or agreements delivered pursuant hereto, as to all of which recourse shall be had solely to the assets of the Issuing Entity. 

Section 1.19    Third-Party Beneficiary. The Owner Trustee is a third-party beneficiary to this Agreement and
is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if it were a party hereto. 

Section 1.20    No Petition. Each of the parties hereto covenants and agrees that prior to the date that is
one year and one day after the date upon which all obligations under each Securitized Financing have been paid in full, it will not institute against, or join any other Person in instituting against the Grantor, the Depositor, the Titling Trustee,
the Titling Trust, the Issuing Entity, any other Special Purpose Affiliate or any Beneficiary, any bankruptcy, reorganization, arrangement, insolvency or liquidation Proceeding or other Proceeding under any federal or state bankruptcy or similar
law. 
 [Signature Page to Follow] 

  
 11 

(NALT 20[●]-[●] Trust Administration Agreement) 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and
delivered as of the day and year first above written. 
  

			
	NISSAN AUTO LEASE TRUST 20[●]-[●],
	as Issuing Entity
	
	By: [                                   
                         ],
	not in its individual capacity,
	but solely as Owner Trustee
		
	By:	 	
                     
                                         
       

	Name:	 	  

	Title:	 	  

	
	NISSAN AUTO LEASING LLC II,
	as Depositor
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	[                                    
    ],
	as Indenture Trustee
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	NISSAN MOTOR ACCEPTANCE CORPORATION,
	as Administrative Agent
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 S-1 

(NALT 20[●]-[●] Trust Administration Agreement)EX-10.10

 Exhibit 10.10 
  

 
 NILT TRUST, 

as Transferor, 
 and 

NISSAN AUTO LEASING LLC II, 
 as
Transferee 
  
  

SUBI CERTIFICATE 
 TRANSFER
AGREEMENT 
 Dated as of [●] [●], 20[●] 
  

 
  

 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE ONE DEFINITIONS
	  	 	2	
			
	 Section 1.01
	 	 Definitions
	  	 	2	
			
	 Section 1.02
	 	 Interpretive Provisions
	  	 	2	
		
	 ARTICLE TWO TRANSFER OF 20[●]-[●] SUBI CERTIFICATE
	  	 	2	
			
	 Section 2.01
	 	 Transfer of 20[●]-[●] SUBI Certificate
	  	 	2	
			
	 Section 2.02
	 	 True Sale
	  	 	3	
			
	 Section 2.03
	 	 Representations and Warranties of the Transferor and the Transferee
	  	 	3	
			
	 Section 2.04
	 	 Financing Statement and Books and Records
	  	 	6	
			
	 Section 2.05
	 	 Acceptance by the Transferee
	  	 	7	
			
	 Section 2.06
	 	 Release of Claims
	  	 	7	
		
	 ARTICLE THREE MISCELLANEOUS
	  	 	7	
			
	 Section 3.01
	 	 Amendment
	  	 	7	
			
	 Section 3.02
	 	 Governing Law
	  	 	8	
			
	 Section 3.03
	 	 Severability
	  	 	9	
			
	 Section 3.04
	 	 Binding Effect
	  	 	9	
			
	 Section 3.05
	 	 Headings
	  	 	9	
			
	 Section 3.06
	 	 Counterparts
	  	 	9	
			
	 Section 3.07
	 	 Further Assurances
	  	 	9	
			
	 Section 3.08
	 	 Third-Party Beneficiaries
	  	 	9	
			
	 Section 3.09
	 	 No Petition
	  	 	9	
			
	 Section 3.10
	 	 No Recourse
	  	 	10	
			
	 Section 3.11
	 	 Notices
	  	 	10	
		
	 Schedule I Perfection Representations, Warranties and Covenants
	  			

 SUBI CERTIFICATE TRANSFER AGREEMENT 

This SUBI Certificate Transfer Agreement, dated as of [●] [●], 20[●] (this “Agreement”), is between NILT
Trust, a Delaware statutory trust (“NILT Trust”), as transferor (the “Transferor”), and Nissan Auto Leasing LLC II, a Delaware limited liability company (“NALL II”), as transferee (the
“Transferee”). 
 RECITALS 

A.    Nissan-Infiniti LT (the “Titling Trust”) is a Delaware statutory trust governed by the Amended and
Restated Trust and Servicing Agreement, dated as of August 26, 1998 (the “Titling Trust Agreement”), by and among, NILT Trust, as grantor and initial beneficiary (in such capacity, the “Grantor” and the
“UTI Beneficiary,” respectively), Nissan Motor Acceptance Corporation, a California corporation (“NMAC”), as servicer (the “Servicer”), Wilmington Trust Company, a Delaware corporation with trust
powers, as Delaware trustee (the “Delaware Trustee”), NILT, Inc., a Delaware corporation, as trustee (the “Titling Trustee”), and U.S. Bank National Association, a national banking association (“U.S.
Bank”), as trust agent (the “Trust Agent”); 
 B.    Pursuant to the Titling Trust Agreement,
the purposes of the Titling Trust include taking assignments and conveyances of and holding in trust various assets (the “Trust Assets”); 

C.    The Grantor, the UTI Beneficiary, the Servicer, the Titling Trustee, the Delaware Trustee and the Trust Agent are
entering into the 20[●]-[●] SUBI Supplement, dated as of [●] [●], 20[●] (the “20[●]-[●] SUBI Supplement”, and together with the Titling Trust Agreement, the
“SUBI Trust Agreement”), to (i) establish a special unit of beneficial interest (the “20[●]-[●] SUBI”), and (ii) identify and allocate certain Trust Assets to the
20[●]-[●] SUBI; 
 D.    Pursuant to the SUBI Trust Agreement a separate portfolio of leases (the
“20[●]-[●] Leases”), the vehicles that are leased under the 20[●]-[●] Leases (the “20[●]-[●] Vehicles”), and certain other
related Trust Assets have been allocated to the 20[●]-[●] SUBI; 
 E.    The Titling Trust has issued a
certificate evidencing a 100% beneficial interest in the 20[●]-[●] SUBI (the “20[●]-[●] SUBI Certificate”) to the Transferor; 

F.    The Transferor and the Transferee desire to provide for the sale, transfer and assignment by the Transferor to the
Transferee, without recourse, of all of the Transferor’s right, title and interest in and to the 20[●]-[●] SUBI Certificate; and 

G.    Immediately after the transfer and assignment of the 20[●]-[●] SUBI Certificate to the Transferee, the
Transferee shall sell, transfer, and assign all of its right, title and interest in the 20[●]-[●] SUBI Certificate to Nissan Auto Lease Trust 20[●]-[●], as issuer (the “Issuing Entity”) in connection with a
securitization. 

  

					
		  	1	  	(NALT 20[●]-[●] SUBI Certificate Transfer Agreement)

 NOW, THEREFORE, in consideration of the mutual agreements herein contained, and of other
good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties hereto agree as follows: 
 ARTICLE
ONE 
 DEFINITIONS 

Section 1.01    Definitions. Capitalized terms used herein that are not otherwise defined shall have the
respective meanings ascribed thereto in the Agreement of Definitions, dated as of [●] [●], 20[●], among the Issuing Entity, NILT Trust, as Grantor, UTI Beneficiary and Transferor, the Titling Trust, NMAC, in its individual
capacity, as Servicer and as administrative agent (in such capacity, the “Administrative Agent”), NALL II, the Titling Trustee, the Delaware Trustee,
[                    ], a [                    ],
as owner trustee (in such capacity, the “Owner Trustee”), the Trust Agent, and [                    ], as indenture trustee (in such
capacity, the “Indenture Trustee”). 
 Section 1.02    Interpretive Provisions. For all
purposes of this Agreement, except as otherwise expressly provided or unless the context otherwise requires, (i) terms used herein include, as appropriate, all genders and the plural as well as the singular, (ii) references to words such
as “herein,” “hereof” and the like shall refer to this Agreement as a whole and not to any particular part, Article or Section within this Agreement, (iii) references to an Article or Section such as “Article One”
or “Section 1.01” shall refer to the applicable Article or Section of this Agreement, (iv) the term “include” and all variations thereof shall mean “include without limitation,” (v) the
term “or” shall include “and/or,” (vi) the term “proceeds” shall have the meaning ascribed to such term in the UCC, (vii) references to Persons include their permitted successors and assigns, (viii) references
to agreements and other contractual instruments include all subsequent amendments, amendments and restatements and supplements thereto or changes therein entered into in accordance with their respective terms and not prohibited by this Agreement,
except that references to the SUBI Trust Agreement include only such items as related to the 20[●]-[●] SUBI and the Titling Trust, (ix) references to laws include their amendments and supplements, the rules and regulations
thereunder and any successors thereto, (x) references to this Agreement include all Exhibits hereto, (xi) the phrase “Titling Trustee on behalf of the Trust,” or words of similar import, shall, to the extent required to
effectuate the appointment of any Co-Trustee pursuant to the Titling Trust Agreement, be deemed to refer to the Trustee (or such Co-Trustee) on behalf of the Titling
Trust, and (xii) in the computation of a period of time from a specified date to a later specified date, the word “from” shall mean “from and including” and the words “to” and “until” shall mean “to
but excluding.” 
 ARTICLE TWO 

TRANSFER OF 20[●]-[●] SUBI CERTIFICATE 

Section 2.01    Transfer of 20[●]-[●] SUBI Certificate. 

In consideration of the Transferee delivering (or causing to be delivered) to, or upon the order of, the Transferor of $[●] (the
“Transfer Price”) of which an amount agreed to by the Transferee and the Transferor shall be paid to the Transferor in cash by federal wire transfer (same day) funds, and to the extent not paid in cash by the Transferee, the
remainder of the Transfer Price shall constitute a capital contribution from NMAC to the Transferee, the Transferor hereby absolutely sells, transfers, assigns and otherwise conveys to the Transferee, without recourse, and the Transferee does hereby
purchase and acquire, as of the date set forth 

  

					
		  	2	  	(NALT 20[●]-[●] SUBI Certificate Transfer Agreement)

 
above, all of the Transferor’s right, title and interest in and to the following (collectively, the “Assets”): 

(i)    the 20[●]-[●] SUBI Certificate and the interest in the 20[●]-[●] SUBI
represented thereby, including all monies due and paid or to become due and paid or payable thereon or in respect thereof after the Cutoff Date; 

(ii)    all of the Transferor’s rights and benefits as holder of the 20[●]-[●] SUBI
Certificate under the Servicing Agreement and the SUBI Trust Agreement; 
 (iii)    the right to realize
upon any property that underlies or may be deemed to secure the interest in the 20[●]-[●] SUBI represented by the 20[●]-[●] SUBI Certificate, as granted in the 20[●]-[●] SUBI Supplement and in the
20[●]-[●] SUBI Certificate; 
 (iv)    all general intangibles, chattel paper, instruments,
documents, money, deposit accounts, certificates of deposit, securities accounts, investment property, financial assets, goods, letters of credit, letters of credit rights, advices of credit and uncertificated securities, and other property
consisting of, arising from, or relating or credited to the foregoing; and 
 (v)    all cash and non-cash proceeds of all of the foregoing. 
 Section 2.02    True Sale.
The parties hereto intend that the sale, transfer, and assignment of the Assets constitutes a true sale and assignment of the Assets such that any interest in and title to the Assets would not be property of the Transferor’s estate in the event
that the Transferor becomes a debtor in a case under any bankruptcy law. To the extent that the conveyance of the Assets hereunder is characterized by a court or similar governmental authority as a financing (i) it is intended by the Transferor
and the Transferee that the interest conveyed constitutes a grant of a security interest under the UCC as in effect in the State of Delaware by the Transferor to the Transferee to secure the Transfer Price to the Transferor, which security interest
shall be perfected and of a first priority, (ii) the Transferor hereby grants to the Transferee a security interest in all of its right, title, and privilege and interest in and to the Assets and the parties hereto agree that this Agreement
constitutes a “security agreement” under all applicable laws, and (iii) the possession by the Transferee or its agent of the 20[●]-[●] SUBI Certificate shall be deemed to be “possession by the secured party” or
possession by the purchaser or a Person designated by such purchaser, for purposes of perfecting the security interest pursuant to the New York UCC and the UCC of any other applicable jurisdiction. 

Section 2.03    Representations and Warranties of the Transferor and the Transferee. 

(a)    The Transferor hereby represents and warrants to the Transferee as of the date of this Agreement and the Closing
Date that: 
 (i)    Organization and Good Standing. The Transferor is a statutory trust duly
formed, validly existing, and in good standing under the laws of the State of Delaware, and has the power and the authority to own its properties and to conduct its business as such properties are currently owned and such business is presently
conducted, and had at all relevant times, and shall have, the power, the authority and the legal right to acquire, own and sell the Assets. 

  

					
		  	3	  	(NALT 20[●]-[●] SUBI Certificate Transfer Agreement)

 (ii)    Due Qualification. The Transferor is duly
qualified to do business as a foreign business trust in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of property or the conduct of its business shall require such
qualifications, except where the failure to have any such license, approval, or qualification would not have a Material Adverse Effect on the Transferor. 

(iii)    Power and Authority. The Transferor has the power and the authority to execute and deliver
this Agreement and to carry out its terms; and the execution, delivery, and performance of this Agreement has been duly authorized by the Transferor by all necessary corporate acts. 

(iv)    Binding Obligation. This Agreement constitutes a legal, valid, and binding obligation of the
Transferor, enforceable against it in accordance with its terms, except as enforceability may be subject to or limited by bankruptcy, insolvency, reorganization, moratorium, liquidation, or other similar laws affecting the enforcement of
creditors’ rights in general and by general principles of equity, regardless of whether such enforceability shall be considered in a proceeding in equity or at law. 

(v)    No Violation. The execution, delivery, and performance by the Transferor of this Agreement,
the consummation of the transactions contemplated by this Agreement, and the fulfillment of the terms hereof do not (A) conflict with, result in any breach of any of the terms and provisions of, or constitute (with or without notice or lapse of
time) a default under, the Transferor’s trust agreement, (B) conflict with or breach any of the material terms or provisions of, or constitute (with or without notice or lapse of time) a default under, any indenture, agreement or other
instrument to which the Transferor is a party or by which it may be bound or any of its properties are subject, (C) result in the creation or imposition of any Lien upon any of its properties pursuant to the terms of any material indenture,
agreement, or other instrument (other than as permitted by the Basic Documents), (D) violate any law or, to the knowledge of the Transferor, any order, rule, or regulation applicable to it or its properties, or (E) contravene, violate, or
result in a default under any judgment, injunction, order, decree, or other instrument of any court or of any federal or state regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Transferor or
any of its properties; except, in the case of clauses (B), (C), (D) and (E) of this Section 2.03(a)(v), to the extent it would not reasonably be likely to have a Material Adverse Effect on the Transferor. 

(vi)    No Proceedings. There are no proceedings in which the Transferor has been served or, to the
knowledge of the Transferor, proceedings or investigations that are pending or threatened, in each case against the Transferor, before any court, regulatory body, administrative agency or other tribunal, or governmental instrumentality
(A) asserting the invalidity of this Agreement, (B) seeking to prevent the consummation of any of the transactions contemplated by this Agreement or any other Basic Document or 

  

					
		  	4	  	(NALT 20[●]-[●] SUBI Certificate Transfer Agreement)

 
(C) seeking any determination or ruling that, in the reasonable judgment of the Transferor, would materially and adversely affect the performance by the Transferor of its obligations under this
Agreement. 
 (vii)    Title to 20[●]-[●] SUBI
Certificate. Immediately prior to the transfer of the 20[●]-[●] SUBI Certificate pursuant to this Agreement, the Transferor (A) is the true and lawful owner of the 20[●]-[●] SUBI Certificate and has the legal right
to transfer the 20[●]-[●] SUBI Certificate, (B) has good and valid title to the 20[●]-[●] SUBI Certificate and the 20[●]-[●] SUBI Certificate is on the date hereof free and clear of all Liens, and
(C) will convey good, valid, and indefeasible title to the 20[●]-[●] SUBI Certificate to the Transferee under this Agreement. 

(b)    Perfection Representations. The representations, warranties and covenants set forth on Schedule I
hereto shall be a part of this Agreement for all purposes. Notwithstanding any other provision of this Agreement or any other Basic Document, the perfection representations contained in Schedule I shall be continuing, and remain in full force
and effect until such time as all obligations under the Indenture have been finally and fully paid and performed. The parties to this Agreement: (i) shall not waive any of the perfection representations contained in Schedule I,
(ii) shall provide the Rating Agencies with prompt written notice of any breach of perfection representations contained in Schedule I, and (iii) shall not waive a breach of any of the perfection representations contained in
Schedule I. 
 (c)    The Transferee hereby represents and warrants to the Transferor as of the date of this
Agreement and the Closing Date that: 
 (i)    Organization and Good Standing. The Transferee is a
limited liability company duly organized, validly existing, and in good standing under the laws of the State of Delaware, has the power and the authority to own its properties and to conduct its business as such properties are currently owned and
such business is presently conducted, and had at all relevant times, and shall have, the power, the authority and the legal right to acquire, own and sell the Assets. 

(ii)    Due Qualification. The Transferee is duly qualified to do business as a foreign limited
liability company in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the ownership or lease of property or the conduct of its business shall require such qualifications, except where the failure to
have any such license, approval or qualification would not have a Material Adverse Effect on the Transferee. 

(iii)    Power and Authority. The Transferee has the power and the authority to execute and deliver
this Agreement and to carry out its terms; and the execution, delivery, and performance of this Agreement has been duly authorized by the Transferee by all necessary corporate acts. 

(iv)    Binding Obligation. This Agreement constitutes a legal, valid, and binding obligation of the
Transferee, enforceable against it in accordance with its terms, except as enforceability may be subject to or limited by bankruptcy, insolvency, reorganization, 

  

					
		  	5	  	(NALT 20[●]-[●] SUBI Certificate Transfer Agreement)

 
moratorium, liquidation, or other similar laws affecting the enforcement of creditors’ rights in general and by general principles of equity, regardless of whether such enforceability shall
be considered in a proceeding in equity or at law. 
 (v)    No Violation. The execution,
delivery, and performance of this Agreement by the Transferee and the consummation of the transactions contemplated by this Agreement and the fulfillment of the terms hereof do not (A) conflict with, result in any breach of any of the terms and
provisions of, or constitute (with or without notice or lapse of time) a default under, the limited liability company agreement of the Transferee, (B) conflict with or breach any of the material terms or provisions of, or constitute (with or
without notice or lapse of time) a default under, any indenture, agreement, or other instrument to which the Transferee is a party or by which it may be bound or any of its properties are subject, (C) result in the creation or imposition of any
Lien upon any of its properties pursuant to the terms of any material indenture, agreement, or other instrument (other than as permitted by the Basic Documents), (D) violate any law or, to the knowledge of the Transferee, any order, rule, or
regulation applicable to it or its properties, or (E) contravene, violate, or result in a default under any judgment, injunction, order, decree, or other instrument of any court or of any federal or state regulatory body, administrative agency
or other governmental instrumentality having jurisdiction over the Transferee or any of its properties; except, in the case of clauses (B), (C), (D) and (E) of this Section 2.03(c)(v), to the extent it would not reasonably be likely to
have a Material Adverse Effect on the Transferee. 
 (vi)    No Proceedings. There are no
proceedings in which the Transferee has been served or, to the knowledge of the Transferee, proceedings or investigations that are pending or threatened, in each case against the Transferee, before any court, regulatory body, administrative agency
or other tribunal or governmental instrumentality (A) asserting the invalidity of this Agreement, (B) seeking to prevent the consummation of any of the transactions contemplated by this Agreement, or (C) seeking any determination or
ruling that, in the reasonable judgment of the Transferee, would materially and adversely affect the performance by the Transferee of its obligations under this Agreement. 

(d)    The representations and warranties set forth in this Section shall survive the sale of the Assets by the Transferor
to the Transferee, the sale of the Assets by the Transferee to the Issuing Entity and the pledge and grant of a security interest in the Assets by the Issuing Entity to the Indenture Trustee (for the benefit of the Noteholders) pursuant to the
Indenture. Upon discovery by the Transferor or the Transferee, or upon a Responsible Officer of the Indenture Trustee having actual knowledge of a breach of any of the foregoing representations and warranties, the party discovering such breach shall
give prompt written notice to the others. 
 Section 2.04    Financing Statement and Books and Records. 

(a)    In connection with the conveyance of the Assets hereunder, the Transferor agrees that on or prior to the Closing
Date it will deliver to or at the direction of the Transferee, with all requisite endorsements, the 20[●]-[●] SUBI Certificate and will file on or within ten days after the Closing Date, at its own expense, one or more financing
statements with respect to the Assets 

  

					
		  	6	  	(NALT 20[●]-[●] SUBI Certificate Transfer Agreement)

 
meeting the requirements of applicable state law in such manner as necessary to perfect, preserve, maintain and protect the interest of the Transferee in the Assets (to the extent such security
interest can be perfected by the filing of a financing statement), and the proceeds thereof to the Transferor (and any continuation statements as are required by applicable state law), and to deliver a file-stamped copy of each such financing
statement (or continuation statement) or other evidence of such filings (which may, for purposes of this Section 2.04, consist of telephone confirmation of such filings with the file stamped copy of each such filing to be
provided to the Transferee in due course), as soon as is practicable after receipt by the Transferor thereof. 

(b)    The Transferor further agrees that it will take no actions inconsistent with the Transferee’s ownership of the
Assets and on or prior to the Closing Date indicate on its books, records, and statements that the Assets have been sold to the Transferee. 

Section 2.05    Acceptance by the Transferee. The Transferee agrees to comply with all covenants and
restrictions applicable to a Holder of the 20[●]-[●] SUBI Certificate and the interest in the 20[●]-[●] SUBI represented thereby, whether set forth in the 20[●]-[●] SUBI Certificate, in the SUBI Trust Agreement,
or otherwise, and assumes all obligations and liabilities, if any, associated therewith. 

Section 2.06    Release of Claims. Pursuant to Section 3.04(b) of the Titling Trust
Agreement (as amended by Section 12.07 of the 20[●]-[●] SUBI Supplement) and Section 12.02(b) of the 20[●]-[●] SUBI Supplement, the Transferee hereby covenants and agrees for the express benefit of
each holder from time to time of a UTI Certificate and any other SUBI Certificate that the Transferee shall release all claims to the UTI Assets and the related Other SUBI Assets, respectively, and, in the event such release is not given effect, to
subordinate fully all claims it may be deemed to have against the UTI Assets or such Other SUBI Assets, as the case may be. 
 ARTICLE THREE

 MISCELLANEOUS 

Section 3.01    Amendment. 

(a)    Any term or provision of this Agreement may be amended by the parties hereto, without the consent of any other
Person; provided, that (i) either (A) any amendment that materially and adversely affects the Noteholders shall require the consent of Noteholders evidencing not less than a Majority Interest of the Notes voting together as a
single class, or (B) such amendment shall not materially and adversely affect the Noteholders, and (ii) any amendment that adversely affects the interests of the Trust Certificateholder, the Indenture Trustee or the Owner Trustee shall
require the prior written consent of each Person whose interests are adversely affected. An amendment shall be deemed not to materially and adversely affect the Noteholders if (i) the Rating Agency Condition is satisfied with respect to such
amendment, or (ii) NALL II delivers an Officer’s Certificate to the Indenture Trustee stating that such amendment shall not materially and adversely affect the Noteholders. The consent of the Trust Certificateholder or the Owner Trustee
shall be deemed to have been given if NALL II does not receive a written objection from such Person within 10 Business Days after a written request for such consent shall have been given. The Indenture Trustee may, but shall not be obligated to,
enter into or consent to any such amendment that affects the Indenture Trustee’s own rights, duties, liabilities or immunities under this Agreement or otherwise. 

  

					
		  	7	  	(NALT 20[●]-[●] SUBI Certificate Transfer Agreement)

 (b)    Notwithstanding the foregoing, no amendment shall (i) reduce
the interest rate or principal amount of any Note or change the due date of any installment of principal of or interest in any Note, or the Redemption Price with respect thereto, without the consent of the Holder of such Note, or (ii) reduce
the Outstanding Amount, the Holders of which are required to consent to any matter without the consent of the Holders of at least a Majority Interest of the Notes which were required to consent to such matter before giving effect to such amendment.

 (c)    It shall not be necessary for the consent of any Person pursuant to this Section for such Person to approve
the particular form of any proposed amendment, but it shall be sufficient if such Person consents to the substance thereof. 

(d)    Prior to the execution of any amendment to this Agreement, NALL II shall provide each Rating Agency, the Trust
Certificateholder, the Transferor, the Owner Trustee and the Indenture Trustee with written notice of the substance of such amendment. No later than 10 Business Days after the execution of any amendment to this Agreement, NALL II shall furnish a
copy of such amendment to each Rating Agency, the Trust Certificateholder, the Indenture Trustee and the Owner Trustee. Any such notice to be delivered pursuant to this Agreement to any Rating Agency shall be deemed to be delivered if a copy of such
notice has been posted on any web site maintained by NMAC pursuant to a commitment to any Rating Agency relating to the Notes in accordance with 17 C.F.R. 240 17g-5(a)(3). 

(e)    Neither U.S. Bank, as trustee of NILT Trust, nor the Indenture Trustee shall be under any obligation to ascertain
whether a Rating Agency Condition has been satisfied with respect to any amendment. When the Rating Agency Condition is satisfied with respect to such amendment, the Transferee shall cause to be delivered to a Responsible Officer of U.S. Bank, as
trustee of NILT Trust, and the Indenture Trustee an Officer’s Certificate to that effect, and U.S. Bank, as trustee of NILT Trust, and the Indenture Trustee may conclusively rely upon the Officer’s Certificate from the Transferee that a
Rating Agency Condition has been satisfied with respect to such amendment. 
 (f)    [Notwithstanding the foregoing,
this Agreement may not be amended in any way that would materially and adversely affect the rights of the [Cap Provider][Swap Counterparty] without prior consent of the [Cap Provider][Swap Counterparty]; provided that the [Cap Provider’s][Swap
Counterparty’s] consent to any such amendment shall not be unreasonably withheld, and provided, further that the [Cap Provider’s][Swap Counterparty’s] consent will be deemed to have been given if the [Cap Provider][Swap Counterparty]
does not object in writing within 10 days of receipt of a written request for such consent.] 

Section 3.02    Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO ANY OTHERWISE APPLICABLE PRINCIPLES OF CONFLICT OF LAWS (OTHER THAN SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW). 

  

					
		  	8	  	(NALT 20[●]-[●] SUBI Certificate Transfer Agreement)

 Section 3.03    Severability. If one or more of the
covenants, agreements, or provisions of this Agreement shall be, for any reason whatever, held invalid or unenforceable, such provisions shall be deemed severable from the remaining covenants, agreements, and provisions of this Agreement, and such
invalidity or unenforceability shall in no way affect the validity or enforceability of such remaining covenants, agreements, and provisions, or the rights of any parties hereto. To the extent permitted by law, the parties hereto waive any provision
of law that renders any provision of this Agreement invalid or unenforceable in any respect. 

Section 3.04    Binding Effect. The provisions of this Agreement shall be binding upon and inure to the
benefit of the parties hereto and their permitted successors and assigns. 
 The Transferor acknowledges and agrees that (a) (i) the
Transferee may, pursuant to the Trust SUBI Certificate Transfer Agreement, transfer and assign the 20[●]-[●] SUBI and the 20[●]-[●] SUBI Assets represented thereby and assign its rights under this Agreement to the Issuing
Entity, and (ii) the representation, warranties and covenants contained in this Agreement and the rights of the Transferee under this Agreement are intended to benefit the Issuing Entity, and (b) the Issuing Entity may, pursuant to the
Indenture, pledge and grant a security interest in the 20[●]-[●] SUBI and the 20[●]-[●] SUBI Assets represented thereby and assign the Transferee’s rights under this Agreement to the Indenture Trustee, and (ii) the
representation, warranties, and covenants contained in this Agreement and the rights of the Transferee under this Agreement are intended to benefit the Indenture Trustee (for the benefit of the holders of the Notes). The Transferor hereby consents
to all such transfers, assignments, pledges and grants. 
 Section 3.05    Headings. The Article and Section
headings are for convenience of reference only and shall not define or limit any of the terms or provisions hereof. 

Section 3.06    Counterparts. This Agreement may be executed in any number of counterparts, each of which so
executed and delivered shall be deemed to be an original, but all of which counterparts shall together constitute but one and the same instrument. 

Section 3.07    Further Assurances. Each party hereto shall do such acts, and execute and deliver to the other
party such additional documents or instruments as may be reasonably requested, in order to effect the purposes of this Agreement and to better assure and confirm unto the requesting party its rights, powers and remedies hereunder. 

Section 3.08    Third-Party Beneficiaries. This Agreement shall inure to the benefit of and be binding upon
the parties hereto and each Holder of the 20[●]-[●] SUBI Certificate and each Registered Pledgee, who shall be considered third-party beneficiaries hereof. Except as otherwise provided in this Agreement, no other Person shall have any
right or obligation hereunder. 
 Section 3.09    No Petition. Each of the parties hereto covenants and agrees
that prior to the date that is one year and one day after the date upon which all obligations under each Securitized Financing have been paid in full, it will not institute against, or join any other Person in instituting against the Grantor, the
Transferor, the Titling Trustee, the Titling Trust, the Issuing Entity, any other Special Purpose Affiliate or any Beneficiary, any bankruptcy, reorganization, arrangement, insolvency or liquidation Proceeding or other Proceeding under any federal
or state bankruptcy or similar law. 

  

					
		  	9	  	(NALT 20[●]-[●] SUBI Certificate Transfer Agreement)

 This Section shall survive the complete or partial termination of this Agreement, the
resignation or removal of the Titling Trustee and the complete or partial resignation or removal of the Servicer. 

Section 3.10    No Recourse. It is expressly understood and agreed by the parties hereto that (a) this
Agreement is executed and delivered by U.S. Bank, not individually or personally, but solely as trustee of NILT Trust, in the exercise of the powers and authority conferred and vested in it, (b) each of the representations, undertakings, and
agreements herein made on the part of the Transferor, as it relates to NILT Trust, is made and intended not as personal representations, undertakings, and agreements by U.S. Bank, but is made and intended for the purpose of binding only NILT Trust,
(c) nothing herein contained shall be construed as creating any liability on U.S. Bank, individually or personally, to perform any covenant, either expressed or implied, contained herein, all such liability, if any, being expressly waived by
the parties hereto and by any Person claiming by, through or under the parties hereto, and (d) under no circumstances shall U.S. Bank be personally liable for the payment of any indebtedness or expenses of NILT Trust under this Agreement or any
other related documents. 
 Section 3.11    Notices. All demands, notices and communications hereunder shall
be in writing and shall be delivered or mailed by registered or certified first-class United States mail, postage prepaid, hand delivery, prepaid courier service, by telecopier or electronically by email (if an email address is provided), and
addressed in each case as follows: (i) if to the Transferor, at [●] (telecopier no. [●]) (email: [●]), Attention: Treasurer; (ii) if to the Indenture Trustee, at [●] (telecopier no. [●]) (email: [●]),
Attention: Nissan Auto Lease Trust 20[●]-[●]; (iii) if to the Owner Trustee, at [●] (telecopier no. [●]) (email: [●]), Attention: Corporate Trust Administration; (iv) if to the Transferee, at [●] (telecopier
no. [●]) (email: [●]), Attention: Treasurer; [(v) if to [●], at [●] (telecopier no. [●]) (email: [●]), Attention: [●]; (vi) if to [●], at [●] (telecopier no. [●]) (email: [●]),
Attention: [●];] or (vii) at such other address as shall be designated by any of the foregoing in a written notice to the other parties hereto. Delivery shall occur only when delivered by hand or, in the case of mail, email or facsimile
notice, upon actual receipt or reported tender of such communication by an officer of the intended recipient entitled to receive such notices located at the address of such recipient for notices hereunder; provided, however, any
demand, notice or communication to be delivered pursuant to this Agreement to any Rating Agency shall be deemed to be delivered if a copy of such demand, notice or communication has been posted on any web site maintained by NMAC pursuant to a
commitment to any Rating Agency relating to the Notes in accordance with 17 C.F.R. 240 17g-5(a)(3). 

[Signature Page to Follow] 

  

					
		  	10	  	(NALT 20[●]-[●] SUBI Certificate Transfer Agreement)

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed by
their respective officers duly authorized as of the day and year first above written. 
  

					
	NILT TRUST, as Transferor
		
	By:	 	U.S. BANK NATIONAL ASSOCIATION, as Trustee
		
	By:	 	
                     
                                         
       

		 	Name:	 	
                     
                                        

		 	Title:	 	  

	
	NISSAN AUTO LEASING LLC II, as Transferee
		
	By:	 	
                     
                                        

		 	Name:	 	  

		 	Title:	 	  

  

					
		  	S-1	  	(NALT 20[●]-[●] SUBI Certificate Transfer Agreement)

 SCHEDULE I 

PERFECTION REPRESENTATIONS, WARRANTIES AND COVENANTS 

In addition to the representations, warranties and covenants contained in the SUBI Certificate Transfer Agreement, NILT Trust (“NILT
Trust”), as transferor, hereby represents, warrants, and covenants to the Nissan Auto Leasing LLC II (“NALL II”), as transferee, as follows on the Closing Date: 

1.    The SUBI Certificate Transfer Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the
20[●]-[●] SUBI Certificate in favor of NALL II, which security interest is prior to all other Liens and is enforceable as such as against creditors of and purchasers from NILT Trust. 

2.    The 20[●]-[●] SUBI Certificate constitutes a “general intangible,” “instrument,”
“certificated security” or “tangible chattel paper,” within the meaning of the applicable UCC. 

3.    NILT Trust owns and has good and marketable title to the 20[●]-[●] SUBI Certificate free and clear of any Liens, claim
or encumbrance of any Person, excepting only liens for taxes, assessments or similar governmental charges or levies incurred in the ordinary course of business that are not yet due and payable or as to which any applicable grace period shall not
have expired, or that are being contested in good faith by proper proceedings and for which adequate reserves have been established, but only so long as foreclosure with respect to such a lien is not imminent and the use and value of the property to
which the Lien attaches is not impaired during the pendency of such proceeding. 
 4.    NILT Trust has received all consents and
approvals to the sale of the 20[●]-[●] SUBI Certificate hereunder to NALL II required by the terms of the 20[●]-[●] SUBI Certificate to the extent that it constitutes an instrument or a payment intangible. 

5.    NILT Trust has received all consents and approvals required by the terms of the 20[●]-[●] SUBI Certificate, to the
extent that it constitutes a securities entitlement, certificated security or uncertificated security, to the transfer to NALL II of its interest and rights in the 20[●]-[●] SUBI Certificate hereunder. 

6.    NILT Trust has caused or will have caused, within ten days after the effective date of the SUBI Certificate Transfer Agreement, the
filing of all appropriate financing statements in the proper filing office in the appropriate jurisdictions under applicable law in order to perfect the sale of the 20[●]-[●] SUBI Certificate from NILT Trust to NALL II and the security
interest in the 20[●]-[●] SUBI Certificate (to the extent such security interest can be perfected by the filing of a financing statement) granted to NALL II hereunder. 

7.    To the extent that the 20[●]-[●] SUBI Certificate constitutes an instrument or tangible chattel paper, all original
executed copies of each such instrument or tangible chattel paper have been delivered to NALL II. 
 8.    Other than the transfer of
the 20[●]-[●] SUBI Certificate from NILT Trust to NALL II under the SUBI Certificate Transfer Agreement and from NALL II to the Issuing Entity under 

  

					
		  	Sched.-1	  	(NALT 20[●]-[●] SUBI Certificate Transfer Agreement)

 
the Trust SUBI Certificate Transfer Agreement and the security interest granted to the Indenture Trustee pursuant to the Indenture, NILT Trust has not pledged, assigned, sold, granted a security
interest in, or otherwise conveyed the 20[●]-[●] SUBI Certificate. NILT Trust has not authorized the filing of, nor is aware of, any financing statements against NILT Trust that include a description of collateral covering the
20[●]-[●] SUBI Certificate other than any financing statement relating to any security interest granted pursuant to the Basic Documents or that has been terminated. 

9.    No instrument or tangible chattel paper that constitutes or evidences the 20[●]-[●] SUBI Certificate has any marks or
notations indicating that it has been pledged, assigned or otherwise conveyed to any Person other than the Indenture Trustee. 

  

					
		  	Sched.-2	  	(NALT 20[●]-[●] SUBI Certificate Transfer Agreement)

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