SEC Contract Filing

Filing Date: 2019-09-18

Document Content:
<DOCUMENT>
<TYPE>EX-10.5
<SEQUENCE>7
<FILENAME>exhibit10-5.htm
<DESCRIPTION>RECEIVABLES PURCHASE AGREEMENT BETWEEN THE DEPOSITOR AND BMW BANK OF NORTH AMERICA
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 <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 10.5</font><br>
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 <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">RECEIVABLES PURCHASE AGREEMENT</div>
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 <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">BMW BANK OF NORTH AMERICA,</font></div>
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 <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">BMW FS SECURITIES LLC,</font></div>
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 <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Dated as of September 18, 2019</font></div>
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