WORLD OMNI AUTO RECEIVABLES LLC 8-K
Accession 0001104659-26-005065
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 4:22 PM ET
Size
75.8 KB
Accession
0001104659-26-005065
Research Summary
AI-generated summary of this filing
WORLD OMNI AUTO RECEIVABLES LLC Amends Sale & Servicing Agreement
What Happened
World Omni Auto Receivables LLC filed an 8-K (Item 8.01) disclosing that, on January 13, 2026, the parties to the Sale and Servicing Agreement for World Omni Auto Receivables Trust 2023-C entered into an Omnibus Amendment. The amendment updates the Sale and Servicing Agreement dated August 16, 2023, to revise definitions for delinquent and defaulted receivables and to change corresponding delinquency reporting obligations. The amendment was executed by the Issuing Entity (World Omni Auto Receivables Trust 2023-C), the Depositor (World Omni Auto Receivables LLC), the Servicer (World Omni Financial Corp.), U.S. Bank National Association (account bank), and acknowledged by U.S. Bank Trust Company, N.A. (indenture trustee).
Key Details
- Amendment executed: January 13, 2026 (Omnibus Amendment to Sale and Servicing Agreement).
- Original agreement amended: Sale and Servicing Agreement dated August 16, 2023.
- Primary changes: revisions to definitions of delinquent and defaulted receivables and related delinquency reporting obligations.
- Filing: Disclosure included in the 8-K (Item 8.01) and the Omnibus Amendment is filed as Exhibit 4.1 (Item 9.01).
Why It Matters
Changes to how receivables are defined and reported can affect how the trust measures performance and discloses pool credit quality to investors and trustees. For investors in the 2023-C trust or potential buyers of related securities, this amendment clarifies the servicer’s reporting obligations and the criteria used to classify receivables as delinquent or in default—important for monitoring credit trends and trigger conditions tied to the pool. The filing is informational; it does not disclose changes to cash flows, credit enhancements, or payment priorities.
Issuer
WORLD OMNI AUTO RECEIVABLES LLC
CIK 0001083199
Related Parties
3- filerCIK 0001083199
- depositorCIK 0001083199
- sponsorCIK 0001004150
Filing Metadata
- Form type
- 8-K
- Filed
- Jan 19, 7:00 PM ET
- Accepted
- Jan 20, 4:22 PM ET
- Size
- 75.8 KB