Nissan Auto Leasing LLC II

19/07/2024 | Press release | Distributed by Public on 19/07/2024 17:36

Material Event Form 8 K

ITEM 8.01. OTHER EVENTS.

The Depositor has filed a prospectus, dated July 17, 2024, setting forth a description of the pool of closed-end Nissan and Infiniti leases, the related Nissan and Infiniti leased vehicles and related assets and the structure of $126,000,000 aggregate principal amount of the Class A-1 Asset Backed Notes (the "Class A-1 Notes"), $220,000,000 aggregate principal amount of the Class A-2a Asset Backed Notes (the "Class A-2a Notes"), $253,250,000 aggregate principal amount of the Class A-2b Asset Backed Notes (the "Class A-2b Notes"), $473,250,000 aggregate principal amount of the Class A-3 Asset Backed Notes (the "Class A-3 Notes"), $68,700,000 aggregate principal amount of the Class A-4 Asset Backed Notes (the "Class A-4 Notes"), and $58,800,000 aggregate principal amount of the Class B Asset Backed Notes by Nissan Auto Lease Trust 2024-B (the "Class B Notes" and, together with the Class A-1 Notes, Class A-2a Notes, Class A-2b Notes, Class A-3 Notes and Class A-4 Notes, the "Notes").

This Current Report on Form 8-K is being filed in connection with the issuance of the Notes to satisfy an undertaking to file unqualified legality and tax opinions at the time of each takedown from the Registration Statement. Copies of the legality and tax opinions delivered by Mayer Brown LLP, counsel to the Nissan Auto Leasing LLC II, in connection with the issuance of the Notes are attached hereto as Exhibits 5.1 and 8.1, respectively and copies of the legality opinion delivered by Richards, Layton and Finger, P.A., counsel to Nissan-Infiniti LT LLC, in connection with the issuance of the Notes is attached hereto as Exhibit 5.2.