Document:

Exhibit 10.4

    

    
      
        

        

        MERCEDES-BENZ FINANCIAL SERVICES USA LLC,

      

      as Servicer and as Lender,

      

      

      DAIMLER TRUST,

      as Titling Trust,

      

      

      and

      

      

      DAIMLER TITLE CO.,

      as Collateral Agent

      

      

      
        

       

        

      2018-B SERVICING SUPPLEMENT

      

      

      Dated as of November 1, 2018

       

        

      
        

       

        

      
        
          

      

      
      TABLE OF CONTENTS

      

      

      	
              

              

            	
              Page

            
	 	 
	
              ARTICLE ONE

            
	 	 
	
              USAGE AND DEFINITIONS

            
	 	 
	
              Section 1.01. Capitalized Terms; Rules of Usage.

            	
              2

            
	 	 
	
              ARTICLE TWO

            
	 	 
	
              DESIGNATION

            
	 	 
	
              Section 2.01. Designation

            	
              3

            
	 	 
	
              ARTICLE THREE

            
	 	 
	
              THE SERVICER

            
	 	 
	
              Section 3.01. Appointment of Servicer.

            	
              4

            
	
              Section 3.02. Servicer Representations and Warranties.

            	
              4

            
	
              Section 3.03. 2018-B Lease and 2018-B Vehicle Representations and Warranties

            	
              5

            
	
              Section 3.04. Liability of the Servicer; Indemnities.

            	
              5

            
	
              Section 3.05. Purchase Upon Breach.

            	
              6

            
	
              Section 3.06. Collection of Payments

            	
              7

            
	
              Section 3.07. Servicer May Own 2018-B Exchange Note and 2018-B ABS Notes

            	
              7

            
	
              Section 3.08. Fees and Expenses.

            	
              7

            
	
              Section 3.09. Termination

            	
              8

            
	
              Section 3.10. Asset Representations Review

            	
              8

            
	
              Section 3.11. Dispute Resolution

            	
              9

            
	 	 
	
              ARTICLE FOUR

            
	 	 
	
              ACCOUNTS, COLLECTIONS AND APPLICATION OF FUNDS

            
	 	 
	
              Section 4.01. 2018-B Bank Accounts.

            	
              12

            
	
              Section 4.02. Remittances.

            	
              13

            
	 	 
	
              ARTICLE FIVE

            
	 	 
	
              TERMINATION

            
	 	 
	
              Section 5.01. Optional Termination.

            	
              14

            

      

      

      
        i

        
          

      

      	
              ARTICLE SIX

            
	 	 
	
              REPORTS AND NOTICES

            
	 	 
	
              Section 6.01. Monthly Reports.

            	
              15

            
	
              Section 6.02. Notices and Certificates Under the Basic Servicing Agreement

            	
              15

            
	
              Section 6.03. Annual Officer’s Certificate.

            	
              15

            
	
              Section 6.04. Annual Independent Public Accountants’ Attestation.

            	
              16

            
	
              Section 6.05. Statements to Securityholders

            	
              16

            
	 	 
	
              ARTICLE SEVEN

            
	 	 
	
              SERVICER EVENTS OF DEFAULT

            
	 	 
	
              Section 7.01. Servicer Events of Default.

            	
              17

            
	 	 
	
              ARTICLE EIGHT

            
	 	 
	
              MISCELLANEOUS

            
	 	 
	
              Section 8.01. Amendments.

            	
              20

            
	
              Section 8.02. Successors and Assigns

            	
              20

            
	
              Section 8.03. Third-Party Beneficiaries

            	
              21

            
	
              Section 8.04. No Petition

            	
              21

            
	
              Section 8.05. GOVERNING LAW; SUBMISSION TO
                    JURISDICTION.

            	
              21

            
	
              Section 8.06. WAIVER OF JURY TRIAL

            	
              21

            
	
              Section 8.07. Severability

            	
              21

            
	
              Section 8.08. Counterparts

            	
              22

            
	
              Section 8.09. Table of Contents and Headings

            	
              22

            
	
              Section 8.10. Conflict with Basic Servicing Agreement

            	
              22

            
	
              Section 8.11. No Recourse

            	
              22

            
	
              Section 8.12. Each Exchange Note Separate; Assignees of Exchange Note

            	
              22

            
	 	 
	
              EXHIBITS

            
	 	 
	
              Exhibit A – 2018-B Reference Pool Asset Schedule

            	
              A-1

            
	
              Exhibit B – 2018-B Lease and 2018-B Vehicle Representations and Warranties

            	
              B-1

            
	
              Exhibit C – Form of Monthly Investor Report

            	
              C-1

            
	
              Exhibit D – Form of Performance Certification

            	
              D-1

            
	
              Exhibit E – Servicing Criteria to be Addressed in Assessment Of Compliance

            	
              E-1

            
	 	 
	
              Appendix 1 – Usage and Definitions

            	
              A1-1

            

      

      

      
        ii

        
          

      

      This 2018-B SERVICING SUPPLEMENT, dated as of November 1, 2018 (as amended, restated, supplemented or otherwise modified from time to
          time, this “2018-B Servicing Supplement”), is among MERCEDES-BENZ FINANCIAL SERVICES USA LLC, a Delaware limited liability company (“MBFS USA”), as servicer with respect to the 2018-B Reference Pool referred to herein (in such capacity, the
          “Servicer”) and as lender under the Collateral Agency Agreement referred to herein (in such capacity, the “Lender”), DAIMLER TRUST, a Delaware statutory trust (the “Titling Trust”), and DAIMLER TITLE CO., a Delaware corporation, as collateral
          agent (the “Collateral Agent”).

      

      

      RECITALS

      

      

      WHEREAS, pursuant to a Second Amended and Restated Trust Agreement, dated as of April 1, 2008 (the “Titling Trust Agreement”), among MBFS
          USA, Daimler Trust Holdings LLC and BNY Mellon Trust of Delaware (f/k/a BNY Mellon (Delaware)) (f/k/a The Bank of New York (Delaware)), the Titling Trust was created to hold title to leases, vehicles and certain related assets (the “Titling Trust
          Assets”);

      

      

      WHEREAS, the Lender, the Servicer, the Titling Trust and the Collateral Agent have entered into an Amended and Restated Servicing
          Agreement, dated as of March 1, 2009 (the “Basic Servicing Agreement”), which provides, for, among other things, the servicing of the Titling Trust Assets by the Servicer;

      

      

      WHEREAS, the Lender, the Servicer, the Titling Trust, the Collateral Agent and U.S. Bank Trust National Association have entered into an
          Amended and Restated Collateral Agency Agreement, dated as of March 1, 2009 (the “Basic Collateral Agency Agreement”), pursuant to which MBFS USA will make advances to the Titling Trust from time to time to acquire Titling Trust Assets;

      

      

      WHEREAS, pursuant to the Basic Collateral Agency Agreement and an Exchange Note Supplement, dated as of November 1, 2018 (the “2018-B
          Exchange Note Supplement”), among the parties to the Basic Collateral Agency Agreement and U.S. Bank Trust National Association, as Indenture Trustee, the Lender will assign its interest in a portion of its outstanding advances to be evidenced by
          an exchange note (the “2018-B Exchange Note”), payments in respect of which shall be made from collections in respect of a pool of specified Titling Trust Assets (the “2018-B Reference Pool”);

      

      

      WHEREAS, the Lender, on the date hereof, has sold the 2018-B Exchange Note to Daimler Trust Leasing LLC (the “Transferor”) pursuant to a
          First-Tier Sale Agreement, dated as of November 1, 2018 (the “First-Tier Sale Agreement”);

      

      

      WHEREAS, Daimler Trust Leasing LLC, on the date hereof, has sold the 2018-B Exchange Note to Mercedes-Benz Auto Lease Trust 2018-B
          pursuant to a Second-Tier Sale Agreement, dated as of November 1, 2018 (the “Second-Tier Sale Agreement”);

      

      

      WHEREAS,  in connection with the issuance of the 2018-B Exchange Note, the parties to the Basic Servicing Agreement will enter into a
          supplement to the Basic Servicing Agreement to forth the specific rights and duties of the Servicer and the other agreements and undertakings with respect to the administration and servicing of the 2018-B Reference Pool; and

      

      

      
        
          

      

      
      WHEREAS, the parties hereto wish to enter into this 2018-B Servicing Supplement to set forth the additional duties required of the
          Servicer with respect to the 2018-B Reference Pool and the 2018-B Exchange Note.

      

      

      NOW, THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which are
          hereby acknowledged, the parties hereto agree as follows:

      

      

      ARTICLE ONE

      

      

      USAGE AND DEFINITIONS

      

      

      Section 1.01.  Capitalized Terms; Rules of Usage.

      

      

      (a)           Capitalized terms used in this 2018-B Servicing
          Supplement that are not otherwise defined shall have the meanings ascribed thereto in Appendix 1 hereto or, if not defined therein, in Appendix A to the Basic Collateral Agency Agreement, which Appendices are hereby incorporated into and made a
          part of this Agreement.  Appendix 1 also contains rules as to usage applicable to this 2018-B Servicing Supplement.

      

      

      (b)           Except as otherwise indicated by the context, all
          references herein to (i) “Leases” shall be to Collateral Leases and (ii) “Vehicles” shall be to Collateral Vehicles.

       

        

      
        2

        
          

      

      ARTICLE TWO

      

      

      DESIGNATION

      

      

      Section 2.01.  Designation.  The parties designate the
          Collateral Assets listed on Exhibit A to be known as the “2018-B Reference Pool” and each Lease and Vehicle included therein to be known as a “2018-B Lease” and a “2018-B Vehicle,” respectively.

       

        

      
        3

        
          

      

      ARTICLE THREE

      

      

      THE SERVICER

      

      

      Section 3.01.  Appointment of Servicer.

      

      

      (a)           Each party acknowledges and agrees that MBFS USA, as
          Servicer under the Basic Servicing Agreement, will also act as Servicer under this 2018-B Servicing Supplement with respect to the 2018-B Reference Pool and the 2018-B Exchange Note and MBFS USA will also act as agent and custodian of the Titling
          Trust in the management and control of the 2018-B Leases and 2018-B Vehicles included in the 2018-B Reference Pool and for all other purposes set forth in the 2018-B Servicing Agreement, in each case, for the benefit of each holder and pledgee of
          the 2018-B Exchange Note.  MBFS USA hereby accepts such appointments.

      

      

      (b)           The Servicer may delegate its duties and obligations
          as Servicer in accordance with Section 3.05 of the Basic Servicing Agreement.

      

      

      (c)           The Servicer shall account for the 2018-B Leases and
          2018-B Vehicles allocated to the 2018-B Reference Pool separately from any other Reference Pool and the Revolving Facility Pool.  The 2018-B Leases, the certificates of title relating to the 2018-B Vehicles, the insurance policies and insurance
          records and other documents related to the 2018-B Leases and 2018-B Vehicles will not be physically segregated from other Leases, certificates of title, insurance policies and insurance records or other documents related to other Leases and
          Vehicles owned or serviced by the Servicer, including Leases and Vehicles which are not part of the 2018-B Reference Pool.  The accounting records and computer systems of MBFS USA will reflect the allocation of the 2018-B Leases and 2018-B
          Vehicles to the 2018-B Reference Pool.  The Servicer may appoint one or more agents to act as subcustodians of certain items relating to the 2018-B Leases, the Certificates of Title relating to the 2018-B Vehicles, the insurance policies and
          insurance records and other documents related to the 2018-B Leases and 2018-B Vehicles; provided, however, that the Servicer shall remain solely responsible for their safekeeping.

      

      

      Section 3.02.  Servicer Representations and Warranties.

      

      

      (a)           The Servicer has made the representations and
          warranties set forth in Section 3.02 of the Basic Servicing Agreement on which the Lender, the Titling Trust and the Collateral Agent have relied, and the 2018-B Exchange Noteholder, in acquiring the 2018-B Exchange Note, will rely.  Such
          representations and warranties are remade as of the 2018-B Exchange Note Issuance Date and will survive the sale, transfer, assignment and conveyance of the 2018-B Exchange Note to the 2018-B Exchange Noteholder, the Transferor and the Issuer and
          the pledge of the 2018-B Exchange Note to the Indenture Trustee pursuant to the Indenture.

      

      

      (b)           As of the 2018-B Exchange Note Issuance Date, the
          Servicer is not in material default under any agreement, contract, instrument or indenture of any nature whatsoever to which it is bound, which default would have a material adverse effect on the ability of the Servicer to perform its obligations
          under this Agreement.

      

      

      
        4

        
          

      

      (c)           As of the 2018-B Exchange Note Issuance Date, no
          consent, approval, authorization or order of any court or governmental agency or body is required under federal or State law for the execution, delivery and performance by the Servicer of, or compliance by it with, this Agreement or the
          consummation of the transactions contemplated hereby, or if required has been obtained or can be obtained prior to the execution of this Agreement.

      

      

      (d)           To the knowledge of the Servicer, no selection
          procedures believed to be adverse to the 2018-B Exchange Noteholder have been utilized in selecting the 2018-B Leases and 2018-B Vehicles included in the 2018-B Reference Pool from other Leases and Vehicles that meet the criteria specified in
          Exhibit B hereto.

      

      

      (e)           To the knowledge of the Servicer, all material
          consents, licenses, approvals or authorizations of, or registrations or declarations with, any Governmental Authority required to be obtained, effected or given by Titling Trust in connection with (i) the execution, delivery and performance by
          the Titling Trust of each 2018-B Lease and (ii) the acquisition by the Titling Trust of such 2018-B Lease and the related 2018-B Vehicle, were duly obtained, effected or given and were in full force and effect as of such date of creation or
          acquisition and remained in full force and effect as of the 2018-B Closing Date.

      

      

      Section 3.03.  2018-B Lease and 2018-B Vehicle Representations and
              Warranties.  The Servicer makes the representations and warranties set forth in Exhibit B with respect to the 2018-B Leases and the 2018-B Vehicles, on which the 2018-B Exchange Noteholder, the Transferor and the Issuer (on behalf
          of the Noteholders) are relying in acquiring the 2018-B Exchange Note.  Such representations and warranties are effective as of the 2018-B Cutoff Date (unless otherwise specified) and will survive the sale, transfer, assignment and conveyance of
          the 2018-B Exchange Note to the 2018-B Exchange Noteholder, the Transferor and the Issuer and the pledge of the 2018-B Exchange Note to the Indenture Trustee pursuant to the Indenture.

      

      

      Section 3.04.  Liability of the Servicer; Indemnities.

      

      

      (a)           The Servicer will indemnify, defend and hold
          harmless the Covered Parties and the Holder of the Daimler Retail Specified Interest Certificate (each, with respect to this subsection, an “Indemnified Person”) in accordance with Section 3.03(b) of the Basic Servicing Agreement, as well as from
          and against any and all costs, expenses, losses, damages, claims and liabilities arising out of the Servicer’s willful misconduct, negligence or bad faith or resulting from the use, ownership or operation by the Servicer or any of its Affiliates
          of a 2018-B Vehicle.

      

      

      (b)           The Servicer will indemnify, defend and hold
          harmless the Titling Trust, the Collateral Agent, the Securities Intermediary, the Administrative Agent, the Trustees and their respective officers, directors, employees and agents (each, with respect to this subsection, an “Indemnified Person”)
          from and against any and all costs, expenses, losses, damages, claims and liabilities arising out of, or incurred in connection with, the acceptance of or performance by the Servicer of the trusts and duties contained in this 2018-B Servicing
          Supplement, except to the extent that any such cost, expense, loss, damage, claim or liability (i) is due to the willful misconduct, negligence or bad faith of the Indemnified Person or (ii) in the case of either Trustee, arises from such
          Trustee’s breach of any of its representations or warranties set forth in the Trust Agreement or the Indenture, as the case may be (including any and all costs, expenses, losses, damages, claims and liabilities arising in connection with any
          legal action by the Indenture Trustee or the Securities Intermediary to enforce remedies against the Servicer, including its indemnification obligations, under this Agreement).

      

      

      
        5

        
          

      

      (c)           In addition to the Indemnified Parties included in
          the Basic Servicing Agreement, the Servicer will treat the Issuer and each Trustee as “Indemnified Persons” pursuant to Sections 3.03(d), (e), (f) and (g) of the Basic Servicing Agreement.

      

      

      (d)           The provisions of this Section 3.04 shall survive
          the termination of this 2018-B Servicing Supplement.

      

      

      Section 3.05.  Purchase Upon Breach.

      

      

      (a)           Deposit of Repurchase Payments.

      

      

      (i)          If an
          Authorized Officer of the Servicer has actual knowledge, or receives notice from the 2018-B Exchange Noteholder, a Noteholder, a Note Owner or the Indenture Trustee of a breach of (A) a representation or warranty set forth in Section 3.03, (B)
          the agreements set forth in Section 3.06 or (C) the covenants set forth in Sections 4.02(a) or 6.08 of the Basic Servicing Agreement and such breach materially and adversely affects the interest of the Issuer in the related 2018-B Lease or 2018-B
          Vehicle and such breach has not been cured in all material respects on or before the last day of the Collection Period which includes the 30th day after the date on which the Servicer obtained actual knowledge of, or received written notice of,
          such breach, the Servicer shall deposit into the 2018-B Exchange Note Collection Account an amount equal to the related Repurchase Payment with respect to such 2018-B Lease and related 2018-B Vehicle.

      

      

      (ii)         The Servicer
          shall deposit into the 2018-B Exchange Note Collection Account an amount equal to the related Repurchase Payment if the Servicer determines, in its sole discretion, that, as a result of a computer systems error or computer systems limitation or
          for any other reason, the Servicer is unable to service a 2018-B Lease and 2018-B Vehicle in accordance with the terms of the 2018-B Servicing Agreement.

      

      

      (iii)        So long as
          MBFS USA remains the Servicer, the Servicer will deposit into the 2018-B Exchange Note Collection Account an amount equal to the Repurchase Payment with respect to any 2018-B Lease if the Servicer is notified that the garaging location of the
          related 2018-B Vehicle has changed and, as a result of such change, such 2018-B Vehicle is no longer garaged in an Eligible State and such state does not become an Eligible State within 90 days of the Servicer becoming aware of such change.

      

      

      (iv)        The Servicer
          will deposit the Repurchase Payment with respect to any 2018-B Lease and related 2018-B Vehicle that the Servicer is removing from the 2018-B Reference Pool in accordance with Section 3.05(a) into the 2018-B Exchange Note Collection Account on
          the Deposit Date immediately following the last day of the Collection Period which includes the 30th day after the date on which the Servicer becomes aware of, or receives written notice of, such breach or failure; provided that, for the
          avoidance of doubt, with respect to 3.05(a)(iii), the Servicer will be deemed to have become aware of or have received written notice of such breach or failure at the end of the 90 day period set forth therein.

       

      

      
        6

        
          

      

      (b)           Purchase Constitutes Sole Remedy for Breach.  The sole remedy of the Collateral Agent, the 2018-B Exchange Noteholder, the Indenture Trustee and the Holders of the 2018-B ABS Notes with respect to (i) a breach of the
          representations and warranties contained in Section 3.03 or (ii) any of the events described in Section 3.05(a)(i)(B), (a)(ii) or (a)(iii) is to cause the related Repurchase Payment to be paid as provided in Section 3.05(a)(iv).

      

      

      (c)           Reallocation of Purchased 2018-B Leases and 2018-B Vehicles.  Upon the deposit of the Repurchase Payment for any 2018-B Lease and 2018-B Vehicle pursuant to Section 3.05(a), such 2018-B Lease and 2018-B Vehicle will
          be reallocated to the Revolving Facility Pool at the direction of the Servicer and will no longer be included in the 2018-B Reference Pool.

      

      

      Section 3.06.  Collection of Payments.  The Servicer may
          grant extensions, waivers, rebates, modifications or adjustments with respect to any 2018-B Lease, except that if, after the 2018-B Cutoff Date, the Servicer grants an extension with respect to any 2018-B Lease which extends its related Maturity
          Date to a date later than the Payment Date occurring six months prior to the Final Scheduled Payment Date of the Class A-4 Notes, the Servicer shall deposit into the 2018-B Exchange Note Collection Account an amount equal to the related
          Repurchase Payment and will reallocate such 2018-B Lease and the related 2018-B Vehicle to the Revolving Facility Pool in accordance with Section 3.05 except, in either case, to the extent that any such extension is required by Applicable Law.

      

      

      Section 3.07.  Servicer May Own 2018-B Exchange Note and 2018-B ABS
              Notes.  The Servicer, and any Affiliate of the Servicer, may, in its individual or any other capacity, become the owner or pledgee of the 2018-B Exchange Note and/or the 2018-B ABS Notes with the same rights as it would have if it
          were not the Servicer or an Affiliate thereof, except as otherwise provided in the 2018-B Servicing Agreement, the Collateral Agency Agreement and the Indenture.  Except as otherwise set forth in the 2018-B Basic Documents, 2018-B ABS Notes so
          owned by or pledged to the Servicer or such Affiliate will have an equal and proportionate benefit under the Basic Servicing Agreement and this 2018-B Servicing Supplement.

      

      

      Section 3.08.  Fees and Expenses.

      

      

      (a)           2018-B Reference Pool Servicing Fee.  The 2018-B Reference Pool Servicing Fee will be payable solely from, and the right of the Servicer to receive the 2018-B Reference Pool Servicing Fee will be limited in recourse
          to, the 2018-B Available Funds and other amounts applied to the payment of such fee pursuant to the 2018-B Exchange Note Supplement or the Indenture.

      

      

      (b)           Investment Earnings.  Notwithstanding the provisions of Section 5.03(b) of the Basic Servicing Agreement, investment earnings on funds on deposit in the 2018-B Bank Accounts shall constitute 2018-B Available
          Collections and, on or before each Payment Date, the Indenture Trustee shall deposit such investment earnings, net of any applicable investment losses and expenses, into the 2018-B Exchange Note Collection Account.

      

      

      
        7

        
          

      

      Section 3.09.  Termination.  This 2018-B Servicing
          Supplement will be terminated in the event that the Basic Servicing Agreement is terminated in accordance therewith and may also be terminated at the option of the Servicer or the Titling Trust at any time following the payment in full of the
          2018-B Exchange Note; provided, that the rights and obligations of the parties under Section 3.04 will survive any such termination.

      

      

      Section 3.10.  Asset Representations Review.

      

      

      (a)           If a Delinquency Trigger has occurred with respect
          to any Collection Period, the Servicer will promptly notify the Indenture Trustee thereof and include in the Monthly Investor Report related to such Collection Period a notice of occurrence of the Delinquency Trigger and of the rights of the
          Noteholders and Note Owners pursuant to Section 7.02 of the Indenture regarding Review by the Asset Representations Reviewer. The Indenture Trustee shall not be deemed to have knowledge that any Reallocation Request remained unresolved for 180
          days unless a Responsible Officer of the Indenture Trustee has actual knowledge that such Reallocation Request in fact remained unresolved for 180 days or has received written notice evidencing that such Reallocation Request in fact remained
          unresolved for 180 days.  The Indenture Trustee shall be under no obligation under the Indenture or otherwise to monitor reallocation activity or to independently determine which Reallocation Requests remain unresolved after 180 days.

      

      

      (b)           Upon receipt of notice from the Indenture Trustee
          pursuant to Section 7.02(a) of the Indenture regarding the demand by the Noteholders or the Note Owners to initiate a vote on whether a Review shall be conducted by the Asset Representations Reviewer, the Servicer will include in the Monthly
          Investor Report to be filed with the Form 10-D report for the Collection Period in which such demand was received (i) a statement that Holders of a sufficient percentage of the aggregate Note Balance of the Notes are requesting a full Noteholder
          vote on whether to direct the Asset Representations Reviewer to conduct a Review and (ii) a description of the applicable voting procedures, including the applicable voting deadline, which shall be no earlier than 150 days after the date of the
          filing of such Form 10-D report.

      

      

      (c)           Upon receipt of the Review Notice from the Indenture
          Trustee pursuant to Section 7.02 of the Indenture, the Servicer shall (i) identify as “Review Assets” within the meaning of the Asset Representations Review Agreement all 2018-B Leases as to which the related Lessee was more than 60 days
          Delinquent as of the last day of the Collection Period preceding the Collection Period in which the vote of the Noteholders and Note Owners directing the Review took place, (ii) provide to the Asset Representations Reviewer a list of such Review
          Assets in accordance with Section 3.01 of the Asset Representations Review Agreement, (iii) provide such other reasonable assistance to the Asset Representations Reviewer as it may reasonably request in order to facilitate the Review pursuant to
          the Asset Representations Review Agreement and (iv) include in the Form 10-D report for the Collection Period in which the Review Notice was received that the necessary percentage of the Noteholders and Note Owners of the Note Balance of Notes
          voted have agreed to a Review and a Review will be conducted.

      

      

      
        8

        
          

      

      (d)           Upon receipt of a copy of the Review Report from the
          Asset Representations Reviewer pursuant to the Asset Representations Review Agreement, the Servicer will include in the Monthly Investor Report to be filed with the Form 10-D report for the Collection Period in which such Review Report was
          received a summary of the results of the Review set forth in such Review Report.

      

      

      (e)           Upon receipt of a copy of the Review Report, the
          Servicer (i) will review such Review Report and, with respect to any 2018-B Lease and related 2018-B Vehicle as to which the Review Report indicated a Test Fail, make a determination for each Test Fail whether a breach of a representation and
          warranty that materially and adversely affects the interest of the Issuer in the related 2018-B Lease or 2018-B Vehicle has occurred and (ii) may, or if it determines that such a breach has occurred, shall deposit the related Repurchase Payment
          with respect to such 2018-B Lease and related 2018-B Vehicle in accordance with Section 3.05.

      

      

      (f)            If during any Collection Period the Servicer
          receives notice or has actual knowledge that the Asset Representations Reviewer has resigned or has been removed, replaced or substituted, or if a successor Asset Representations Reviewer has been appointed, the Servicer will include in the Form
          10-D report for such Collection Period the date of such event and a general statement of the circumstances surrounding the change.

      

      

      Section 3.11.  Dispute Resolution.

      

      

      (a)           Referral to Dispute Resolution.  If any Requesting Party makes a Reallocation Request, and the
            Reallocation Request has not fulfilled or otherwise resolved to the reasonable satisfaction of the Requesting Party within 180 days of the Servicer’s receipt thereof, the Requesting Party may refer the matter, in its discretion, to either mediation (including non-binding arbitration) or binding third-party
            arbitration, or may file a legal action in court of competent jurisdiction.  The Requesting Party must commence the mediation or arbitration proceeding according to the ADR Rules of the ADR Organization, or a court action according with
            applicable court procedures, in each case within 90 days after the end of the 180-day period.  The Servicer agrees to participate in the dispute resolution method selected by the Requesting Party.  In no event shall the Indenture Trustee be a Requesting Party or pursue dispute resolution unless it is directed to do so by the Noteholders or Note Owners of at least 5% of the Controlling Class, and such
            Noteholders or Note Owners shall have offered to the Indenture Trustee security or indemnity satisfactory to it against the reasonable costs, expenses, disbursements, advances and liabilities that might be incurred by it, its agents and its
            counsel in compliance with such direction.

      

      

      (b)          Mediation.  If the Requesting Party selects mediation (including non-binding arbitration) for dispute
            resolution:

      

      

      (i)          The mediation will be administered by the ADR Organization using its ADR Rules.  However, if any ADR Rules are inconsistent with
          the procedures for mediation stated in this Section, the procedures in this Section will control.

      

      

      (ii)         A single
          mediator will be selected by the ADR Organization from a list of neutrals maintained by it according to the ADR Rules.  The mediator must be impartial, an attorney admitted to practice in the State of New York and have at least 15 years of
          experience in commercial litigation and, if possible, consumer finance or asset-backed securitization matters.

      

      

      
        9

        
          

      

      (iii)        The mediation
          will start within 15 days after the selection of the mediator and conclude within 30 days after the start of the mediation.

      

      

      (iv)        Expenses of the
          mediation will be allocated to the parties as mutually agreed by them as part of the mediation.

      

      

      (v)         If the parties
          fail to agree at the completion of the mediation, the Requesting Party may refer the Reallocation Request to arbitration under this
            Section.

      

      

      (c)          Arbitration.  If the Requesting Party selects binding arbitration for dispute resolution:

      

      

      (i)          The arbitration will be administered by the ADR Organization using its ADR Rules.  However, if any ADR Rules are inconsistent with
          the procedures for arbitration stated in this Section, the procedures in this Section will control.

      

      

      (ii)         A single
          arbitrator will be selected by the ADR Organization from a list of neutrals maintained by it according to the ADR Rules.  The arbitrator must be impartial, an attorney admitted to practice in the State of New York and have at least 15 years of
          experience in commercial litigation and, if possible, consumer finance or asset-backed securitization matters.  The arbitrator will be independent and impartial and will comply with the Code of Ethics for Arbitrators in Commercial Disputes in
          effect at the time of the arbitration.  Before accepting an appointment, the arbitrator must promptly disclose any circumstances likely to create a reasonable inference of bias or conflict of interest or likely to preclude completion of the
          proceedings within the stated time schedule.  The arbitrator may be removed by the ADR Organization for cause consisting of actual bias, conflict of interest or other serious potential for conflict.

      

      

      (iii)        The arbitrator
          will have the authority to schedule, hear and determine any motions, according to New York law, and will do so at the motion of any party.  Discovery will be scheduled for completion within 60 days of selection of the arbitrator and will be
          limited for each party to two witness depositions not to exceed five hours, two interrogatories, one document request and one request for admissions.  The arbitrator may, however, grant additional discovery on a showing of good cause that the
          additional discovery is reasonable and necessary.  Briefs will be limited to no more than ten pages each, and will be limited to initial statements of the case, motions and a pre-hearing brief.  The evidentiary hearing on the merits will start no
          later than 90 days after selection of the arbitrator and will proceed for no more than ten Business Days with equal time allocated to each party for the presentation of evidence and cross examination.  The arbitrator may allow additional time for
          discovery and hearings on a showing of good cause or due to unavoidable delays.

      

      

      
        10

        
          

      

      (iv)        The arbitrator
          will make its final determination no later than 120 days after its selection.  The arbitrator will resolve the dispute according to the terms of this Agreement and the other 2018-B Basic Documents, and may not modify or change this Agreement or
          the other 2018-B Basic Documents in any way.  The arbitrator will not have the power to award punitive damages or consequential damages in any arbitration conducted by them.  In its final determination, the arbitrator will determine and award the
          expenses of the arbitration (including filing fees, the fees of the arbitrator, expense of any record or transcript of the arbitration and administrative fees) to the parties in its reasonable discretion.  The determination of the arbitrator will
          be in writing and counterpart copies will be promptly delivered to the parties.  The determination will be final and non-appealable, except for actions to confirm or vacate the determination permitted under federal or State law, and may be
          entered and enforced in any court of competent jurisdiction.

      

      

      (v)        By selecting
          binding arbitration, the Requesting Party waives the right to bring an action in court, including the right to a trial by jury.

      

      

      (vi)        The Requesting
          Party may not, and hereby waives any right, to bring a putative or certificated class action or any type of representative action to arbitration.  If this waiver of class action rights is found to be unenforceable for
            any reason, the Requesting Party agrees that it will bring its claims in a court of competent jurisdiction.

      

      

      (d)          Additional Conditions.  For each mediation or arbitration:

      

      

      (i)          Any mediation or arbitration will be held in New York, New York at the offices of the mediator or arbitrator or at another location
          selected by the Servicer.  Any party or witness may participate by teleconference or video conference.

      

      

      (ii)         The Servicer
          and the Requesting Party will have the right to seek provisional relief from a competent court of law, including a temporary restraining order, preliminary injunction or attachment order, if such relief is available by law.

      

      

      (iii)        The Servicer shall not be required to produce personally
          identifiable customer information for purposes of any mediation or arbitration.  The existence and details of any unresolved Reallocation Request, any informal meetings, mediations or arbitration proceedings, the nature and amount of any relief
          sought or granted, any offers or statements made and any discovery taken in the proceeding, will be confidential, privileged and inadmissible for any purpose in any mediation, arbitration, litigation or other proceeding.  The parties will keep
          this information confidential and will not disclose or discuss it with any third party (other than a party's attorneys, experts,
            accountants and other advisors, as reasonably required in connection with the mediation or arbitration proceeding under this Section, except as required by law, regulatory requirement or court order.  If a party to a mediation or arbitration
            proceeding receives a subpoena or other request for information from a third party (other than a governmental regulatory body) for confidential information of the other party to the mediation or arbitration proceeding, the recipient will
            promptly notify the other party and will provide the other party with the opportunity to object to the production of its confidential information.

      

      

      (iv)        To the extent the Indenture Trustee is found responsible for any expenses allocated to the Requesting Party in any dispute resolution proceeding, such expenses shall be payable
            to the Indenture Trustee pursuant to Section 8.03 or Section 5.04 of the Indenture, as applicable, and  if not so paid, then by the Servicer.

       

      

      
        11

        
          

      

      ARTICLE FOUR

      

      

      ACCOUNTS, COLLECTIONS AND APPLICATION OF FUNDS

      

      

      Section 4.01.  2018-B Bank Accounts.

      

      

      (a)           Establishment of 2018-B Bank Accounts.  On or before the 2018-B Exchange Note Issuance Date, the Servicer will establish the 2018-B Bank Accounts as three segregated trust accounts, and maintain each as an Eligible
          Account at the Securities Intermediary on behalf of the Indenture Trustee, to be designated as:

      

      

      (i)          “U.S. Bank
          National Association, as Indenture Trustee, as secured party for Mercedes-Benz Auto Lease Trust 2018-B” that will be designated as the “2018-B Exchange Note Collection Account”;

      

      

      (ii)         “U.S. Bank
          National Association, as Indenture Trustee, as secured party for Mercedes-Benz Auto Lease Trust 2018-B” that will be designated as the “2018-B Distribution Account”; and

      

      

      (iii)        “U.S. Bank
          National Association, as Indenture Trustee, as secured party for Mercedes-Benz Auto Lease Trust 2018-B” that will be designated as the “2018-B Reserve Account.”

      

      

      Initially, the 2018-B Exchange Note Collection Account will be account number 261656000, the 2018-B Distribution Account will be account
          number 261656001 and the 2018-B Reserve Account will be account number 261656002.

      

      

      (b)          Control of the 2018-B Bank Accounts.  Each of the 2018-B Bank Accounts will be under the sole dominion and control of the Indenture Trustee, as secured party for the benefit of the 2018-B Secured Parties, so long as the
          2018-B Bank Accounts remain subject to the Lien of the Indenture.  Following the payment in full of (i) the 2018-B ABS Notes and the release of the 2018-B Bank Accounts from the Lien of the Indenture, (A) at the direction of the Servicer, the
          2018-B Distribution Account and the 2018-B Reserve Account may be closed and (B) the 2018-B Exchange Note Collection Account will be under the sole dominion and control of the Collateral Agent and (ii) the 2018-B Exchange Note, the 2018-B
          Exchange Note Collection Account will be under the sole dominion and control of the Borrower and may, at the direction of the Borrower, be closed.  The Servicer may, however, make deposits to or request the Indenture Trustee (or, after the Note
          Balance of the 2018-B ABS Notes has been reduced to zero and the 2018-B Bank Accounts have been released from the Lien of the Indenture, the Collateral Agent, and following the payment in full of the 2018-B Exchange Note, the Borrower) to make
          deposits to or withdrawals from the 2018-B Exchange Note Collection Account in accordance with the 2018-B Exchange Note Supplement, the Indenture, the Collateral Agency Agreement and this 2018-B Servicing Supplement.  All monies deposited in the
          2018-B Exchange Note Collection Account will be held (i) until the Note Balance of the 2018-B ABS Notes has been reduced to zero, all Issuer Obligations have been paid in full and the 2018-B Bank Accounts have been released from the Lien under
          the Indenture, by the Indenture Trustee, (ii) until the payment in full of the 2018-B Exchange Note, by the Collateral Agent and (iii) following the payment in full of the 2018-B Exchange Note, by or on behalf of the Borrower, and in each case
          will be applied only upon the terms and conditions of the 2018-B Basic Documents, as applicable.  The authority of the Servicer to make deposits to the 2018-B Bank Accounts is revocable at any time (i) by the Indenture Trustee until the Note
          Balance of the 2018-B ABS Notes has been reduced to zero and the 2018-B Bank Accounts have been released from the Lien of the Indenture, (ii) then, by the Collateral Agent until the payment in full of the 2018-B Exchange Note, and (iii)
          thereafter by the Borrower.

      

      

      
        12

        
          

      

      (c)           Agreement with Depository Institution.  The 2018-B Bank Accounts will only be established at a depository institution or trust company that complies with the requirements set forth in Section 5.02(d) of the Basic
          Servicing Agreement.

      

      

      Section 4.02.  Remittances.

      

      

      (a)           For so long as the Monthly Remittance Condition (i)
          is not met, the Servicer shall remit into the 2018-B Exchange Note Collection Account all 2018-B Collections within two Business Days after receipt and identification and (ii) is met, the Servicer will remit to the 2018-B Exchange Note Collection
          Account an amount equal to all 2018-B Collections for a Collection Period no later than the related Deposit Date.

      

      

      (b)           Pending deposit into the 2018-B Exchange Note
          Collection Account, the Servicer may use such 2018-B Collections at its own risk and for its own benefit and is not required to segregate 2018-B Collections from its own funds.

      

      

      
        13

        
          

      

      ARTICLE FIVE

      

      

      TERMINATION

      

      

      Section 5.01.  Optional Termination.

      

      

      (a)           On any Payment Date on which the Outstanding Amount
          is equal to or less than 5% of the Initial Note Balance, after giving effect to all principal payments on such Payment Date, the Servicer will have the option to purchase the 2018-B Exchange Note in whole but not in part.  To exercise such
          option, the Servicer will (i) notify the Borrower, the Collateral Agent, the Administrative Agent and the Indenture Trustee of such election not fewer than ten and not more than 30 days prior to the related Payment Date and (ii) deposit in the
          2018-B Exchange Note Collection Account an amount equal to the 2018-B Exchange Note Purchase Price.  The 2018-B ABS Notes shall be redeemed in accordance with Section 10.01 of the Indenture.

      

      

      (b)           Upon purchase of the 2018-B Exchange Note by the
          Servicer pursuant to this Section and upon redemption of the Notes and the payment of all Issuer Obligations in full, pursuant to Section 4.06 of the Basic Collateral Agency Agreement, the Borrower shall cancel the 2018-B Exchange Note and the
          2018-B Leases and 2018-B Vehicles shall be reallocated to the Revolving Facility Pool.

      

      

      (c)           If in any Collection Period the Servicer reasonably
          believes that the Outstanding Amount will be less than or equal to 5% of the Initial Note Balance as of the last day of such Collection Period and expects to provide the notice required in Section 5.01(a) and thereafter to purchase the 2018-B
          Exchange Note, the Servicer agrees to give to the Indenture Trustee notice thereof at least 30 days prior to the Payment Date on which such purchase is expected to be effected; provided that such notice shall not create an obligation on behalf of
          the Servicer to effect, nor be condition precedent to Servicer’s effecting, such purchase on such Payment Date.

      

      

      
        14

        
          

      

      ARTICLE SIX

      

      

      REPORTS AND NOTICES 

      

      

      Section 6.01.  Monthly Reports.

      

      

      (a)           On or prior to each Determination Date, the Servicer
          will deliver to the Lender, the Collateral Agent, the Administrative Agent and the Transferor a Monthly Exchange Note Report for the related Collection Period; provided, that the Servicer may satisfy this obligation by delivering the Monthly
          Investor Report for the related Collection Period and the Monthly Investor Report also constitutes as the Monthly Exchange Note Report for this 2018-B Servicing Supplement.

      

      

      (b)          On or prior to each Determination Date, the Servicer
          will deliver to the Trustees and the Transferor a Monthly Investor Report for the related Collection Period.

      

      

      (c)           On or prior to the 15th day following each Payment
          Date, the Servicer will prepare a Form ABS-EE, including an asset data file and asset-related document containing the asset-level information for each 2018-B Lease for the prior Collection Period as required by Item 1A of Form 10-D.

      

      

      Section 6.02.  Notices and Certificates Under the Basic Servicing
              Agreement.  Any notice or certificate received by the Servicer or delivered by the Servicer under the Basic Servicing Agreement relating to the 2018-B Reference Pool will be forwarded by the Servicer to the Indenture Trustee within
          five Business Days of delivery or receipt thereof by the Servicer.

      

      

      Section 6.03.  Annual Officer’s Certificate.

      

      

      (a)           The Servicer will deliver to the Rating Agencies,
          the Transferor and the Trustees on or before the 90th day following the end of each fiscal year, beginning with the fiscal year ending December 31, 2018 an Officers’ Certificate signed by a Responsible Officer of the Servicer stating that (i) a
          review of the activities of the Servicer during the preceding 12-month period (or such shorter period in the case of the first such Officer's Certificate) and of the performance of its obligations under this 2018-B Servicing Supplement has been
          made under such officer's supervision and (ii) to such officer's knowledge, based on such review, the Servicer has fulfilled all its obligations under this 2018-B Servicing Supplement in all material respects throughout such period or, if there
          has been a failure in the fulfillment of any such obligation, specifying each such failure known to such officer and the nature and status thereof.

      

      

      (b)           The Servicer will deliver to the Transferor and the
          Trustees on or before the 90th day following the end of each fiscal year, beginning with the fiscal year ending December 31, 2018, a report regarding the Servicer’s assessment of compliance with the Servicing Criteria during the immediately
          preceding calendar year (or such shorter period in the case of the first such report) including disclosure of any material instance of non-compliance identified by the Servicer, in the form specified by paragraph (b) of Rule 13a-18 or Rule 15d-18
          of the Exchange Act and Item 1122 of Regulation AB, which report shall address each of the Servicing Criteria specified with respect to the Servicer in Exhibit E hereto delivered to the Issuer and the Administrator concurrently with the execution
          of this Agreement.

      

      

      
        15

        
          

      

      (c)           Deliveries pursuant to this Section may be delivered
          by e-mail. A copy of the documents delivered pursuant to this Section may be obtained by any Noteholder or Person certifying it is a Note Owner by a request in writing to the Indenture Trustee at its Corporate Trust Office.

      

      

      Section 6.04.  Annual Independent Public Accountants’ Attestation.

      

      

      (a)           On or before the 90th day following the end of each
          fiscal year, beginning with the fiscal year ending December 31, 2018, the Servicer shall cause a firm of independent public accountants (who may also render other services to the Servicer, the Transferor or their respective Affiliates) to furnish
          to the Transferor and the Trustees each attestation report on assessments of compliance with the Servicing Criteria with respect to the Servicer during the related fiscal year (or such shorter period in the case of the first such attestation
          report) delivered by such accountants in the form specified by paragraph (c) of Rule 13a-18 or Rule 15d-18 of the Exchange Act and Item 1122 of Regulation AB.  The certification required by this paragraph may be replaced by any similar
          certification using other procedures or attestation standards which are now or in the future in use by servicers of comparable assets or which otherwise comply with any rule, regulation, “no action” letter or similar guidance promulgated by the
          Commission.

      

      

      (b)           Deliveries pursuant to this Section may be delivered
          by e-mail.  A copy of the documents delivered pursuant to this Section may be obtained by any Noteholder or Person certifying it is a Note Owner by a request in writing to the Indenture Trustee at its Corporate Trust Office.

      

      

      Section 6.05.  Statements to Securityholders.  Within the
          prescribed period of time for tax reporting purposes after the end of each calendar year during the term of the Issuer, but not later than the latest date permitted by law, the Servicer shall cause each Trustee to mail to each Person who at any
          time during such calendar year shall have been a Securityholder, a statement, prepared by the Servicer, containing certain information for such calendar year or, in the event such Person shall have been a Securityholder during a portion of such
          calendar year, for the applicable portion of such year, for the purposes of such Securityholder’s preparation of federal income tax returns.  In addition, the Servicer shall furnish to the Trustees for distribution to such Person at such time
          such other information necessary under Applicable Law for the preparation of such income tax returns.

       

        

      
        16

        
          

      

      ARTICLE SEVEN

      

      

      SERVICER EVENTS OF DEFAULT

      

      

      Section 7.01.  Servicer Events of Default.

      

      

      (a)           Notwithstanding Section 8.03 of the Basic Servicing
          Agreement, only the occurrence and continuation of any of the following events will be an “Exchange Note Servicer Event of Default” with respect to the 2018-B Exchange Note, and the “Exchange Note Servicer Events of Default” set forth in Section
          8.03(a) of the Basic Servicing Agreement shall not apply to the 2018-B Exchange Note or to this 2018-B Servicing Supplement:

      

      

      (i)          any failure by
          the Servicer to deliver to the Indenture Trustee any proceeds or payment required to be so delivered with respect to the 2018-B Exchange Note under the Basic Servicing Agreement or this 2018-B Servicing Supplement that continues unremedied for
          ten Business Days after the earlier of the date on which (A) notice of such failure is given to the Servicer by the Indenture Trustee or (B) an Authorized Officer of the Servicer has actual knowledge of such failure;

      

      

      (ii)         any failure by
          the Servicer to duly observe or perform in any material respect any other of its covenants or agreements in the 2018-B Servicing Agreement, which failure materially and adversely affects the rights of holders of interests in the 2018-B Exchange
          Note, the Noteholders or, in the event that Certificates are sold to unaffiliated third parties, the Certificateholders, and which continues unremedied for 90 days after written notice thereof is given to the Servicer by the Indenture Trustee;

      

      

      (iii)        any
          representation, warranty or statement of the Servicer made in the 2018-B Servicing Agreement or any certificate, report or other writing delivered pursuant to the 2018-B Servicing Agreement shall prove to be incorrect in any material respect when
          made, which failure materially and adversely affects the rights of holders of interests in the 2018-B Exchange Note, the Noteholders or, in the event that Certificates are sold to unaffiliated third parties, the Certificateholders, and which
          failure continues unremedied for 90 days after written notice thereof is given to the Servicer by the Indenture Trustee; or

      

      

      (iv)        the occurrence
          of an Insolvency Event with respect to the Servicer;

      

      

      provided, however, that the occurrence of any event set forth in clauses (i) through (iii) with respect to the 2018-B Reference Pool will be an Exchange
          Note Servicer Event of Default only with respect to the 2018-B Reference Pool and will not be a Servicer Event Default with respect to any other Reference Pool or the Revolving Facility Pool.

      

      

      Notwithstanding the foregoing, a delay in or failure of performance referred to under clause (i), (ii) or (iii) for a period of 120 days
          will not constitute an Exchange Note Servicer Event of Default if that failure or delay was caused by Force Majeure.  Upon the occurrence of any such event, the Servicer will not be relieved from using all commercially reasonable efforts to
          perform its obligations in a timely manner in accordance with the terms of the Basic Servicing Agreement and this 2018-B Servicing Supplement.

      

      

      
        17

        
          

      

      (b)          With respect to actions taken under Section 8.03(c) of
          the Basic Servicing Agreement after the occurrence of an Exchange Note Servicer Event of Default, any actions to be taken by the 2018-B Exchange Noteholder thereunder shall be exercised by the Indenture Trustee, acting at the direction of 66 2/3%
          of the Holders of the Outstanding Amount of the Controlling Class.

      

      

      (c)           In accordance with Section 8.05 of the Basic
          Servicing Agreement, after the occurrence of an Exchange Note Servicer Event of Default, the 2018-B Exchange Noteholder (which for purposes of this Section shall be the Indenture Trustee, acting at the direction of 66 2/3% of the Holders of the
          Outstanding Amount of the Controlling Class) may waive any such Servicer Event of Default and its consequences.  Upon any such waiver, the applicable Exchange Note Servicer Event of Default will cease to exist, and will be deemed to have been
          remedied for every purpose of this Agreement.  No such waiver will extend to any subsequent or other event or impair any right consequent thereon.

      

      

      (d)          On or after the receipt by the Servicer of notice of
          an Exchange Note Servicer Event of Default, all authority and power of the Servicer under this 2018-B Servicing Supplement, whether with respect to the Notes, the Certificates, the Trust Estate or otherwise, shall, without further action, pass to
          and be vested in the Indenture Trustee or such Successor Servicer as may be appointed pursuant to the terms of the Basic Servicing Agreement.  If the Indenture Trustee shall become Successor Servicer pursuant to this Section 7.01(a), the
          Indenture Trustee shall be entitled to appoint as sub-Servicer any one of its Affiliates or agents; provided that the Indenture Trustee in its capacity as Servicer shall be fully liable for the actions or omissions of such Affiliate or agent in
          such capacity as sub-Servicer.  The outgoing Servicer shall cooperate with the Indenture Trustee, the Owner Trustee and such Successor Servicer in effecting the termination of the responsibilities and rights of the outgoing Servicer under this
          2018-B Servicing Supplement, including the transfer to the Indenture Trustee or such Successor Servicer for administration by it of all cash amounts that shall at the time be held by the outgoing Servicer for deposit, or have been deposited by
          the outgoing Servicer, in the 2018-B Bank Accounts or thereafter received with respect to the 2018-B Leases and 2018-B Vehicles and all information or documents that the Indenture Trustee or such Successor Servicer may require, and the Successor
          Servicer shall not be liable if it cannot perform due to the failure of the predecessor Servicer to so deliver.  In addition, the Servicer shall transfer its electronic records relating to the 2018-B Leases and 2018-B Vehicles to the Successor
          Servicer in such electronic form as the Successor Servicer may reasonably request.  All Transition Costs shall be paid by the outgoing Servicer (or by the initial Servicer if the outgoing Servicer is the Indenture Trustee acting on an interim
          basis) upon presentation of reasonable documentation of such costs and expenses.

      

      

      
        18

        
          

      

      (e)           Notwithstanding Section 7.01(d), if the Indenture
          Trustee shall be unwilling so to act or if it is legally unable so to act, a Successor Servicer shall be appointed in accordance with Section 8.04 of the Basic Servicing Agreement.  Compensation for any Successor Servicer shall not be greater
          than that payable to MBFS USA as initial Servicer hereunder without the prior consent of the Majority Noteholders of the Controlling Class (or Holders of Certificates representing not less than 51% of the aggregate Certificate Percentage
          Interests then outstanding if the Notes are no longer Outstanding).  The Indenture Trustee and such successor shall take such action, consistent with this 2018-B Servicing Supplement, as shall be necessary to effectuate any such succession.  The
          Indenture Trustee shall not be relieved of its duties as Successor Servicer under this Section until a newly appointed Servicer shall have assumed the obligations and duties of the terminated Servicer under this 2018-B Servicing  Supplement. 
          Notwithstanding anything to the contrary contained herein, in no event shall the Indenture Trustee be liable for any servicing fee or for any differential in the amount of the servicing fee paid hereunder, the amount necessary to induce any
          Successor Servicer to act as Successor Servicer hereunder, the responsibilities of the Servicer set forth in Sections 3.05 and 3.10 hereunder, or the obligations with respect to the payment or reimbursement of fees, expenses or other amounts
          (including indemnities other than those resulting from the actions of the Indenture Trustee as successor Servicer) of the Owner Trustee, the Indenture Trustee or the Asset Representations Reviewer, the fees and expenses of the Owner Trustee’s
          attorneys, the Indenture Trustee’s attorneys, or the Asset Representations Reviewer’s attorneys, the fees and expenses of any custodian and the fees and expenses of independent accountants or expenses incurred in connection with distributions and
          reports to the Noteholders.

      

      

      
        19

        
          

      

      ARTICLE EIGHT

      

      

      MISCELLANEOUS

      

      

      Section 8.01.  Amendments.

      

      

      (a)           This 2018-B Servicing Supplement and the Basic
          Servicing Agreement, as supplemented by this 2018-B Servicing Supplement, may be amended in accordance with Section 10.01 of the Basic Servicing Agreement without the consent of any Securityholder, to cure any ambiguity, to correct or supplement
          any provision herein which may be inconsistent with any other provision herein or to add, change or eliminate any other provision with respect to matters or questions arising under this 2018-B Servicing Supplement that are not inconsistent with
          the provisions of this 2018-B Servicing Supplement; provided, that (i) the Servicer shall have delivered to the Indenture Trustee an Opinion of Counsel or an Officer’s Certificate of the Issuer to the effect that such action will not materially
          adversely affect the interests of any Noteholders or (ii) the Rating Agency Condition shall have been satisfied with respect to such amendment.

      

      

      (b)           Each amendment, supplement or other modification of
          this 2018-B Servicing Supplement other than those provided for in Section 7.01(a) requires the consent of the Majority Noteholders of the Controlling Class (or if the Notes are no longer Outstanding, Holders of Certificates evidencing not less
          than a majority of the aggregate Certificate Percentage Interests); provided, however, that no such amendment may (i) increase or reduce in any manner the amount of, or accelerate or delay the timing of, or change the allocation or priority of,
          collections of payments on or in respect of the 2018-B Leases and 2018-B Vehicles or distributions that are required to be made for the benefit of the Securityholders, change the Interest Rate applicable to any class of Notes or the Required
          Reserve Amount for the 2018-B Reserve Account, without the consent of all holders of Notes then Outstanding or (ii) reduce the percentage of the Note Balance of the Notes or of the Controlling Class the consent of the Holders of which is required
          for any amendment to this 2018-B Servicing Supplement without the consent of all Holders of Notes or of the Controlling Class then Outstanding.

      

      

      (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)           Promptly upon the execution of any such amendment,
          (i) the Servicer will send a copy of such amendment to the Indenture Trustee and the Rating Agencies and (ii) the Indenture Trustee will deliver to each Holder of a 2018-B ABS Note a copy of such amendment.

      

      

      Section 8.02.  Successors and Assigns.  All covenants and
          agreements in the Basic Servicing Agreement, as supplemented by this 2018-B Servicing Supplement, shall be binding upon, and inure to the benefit of, the parties hereto and their successors and assigns.  Any request, notice, direction, consent,
          waiver or other instrument or action by the parties hereto shall bind their respective successors and assigns.

      

      

      
        20

        
          

      

      Section 8.03.  Third-Party Beneficiaries.  The Issuer and
          the Indenture Trustee, as holder and pledgee, respectively, of the 2018-B Exchange Note, and their respective successors, permitted assigns and pledges are third-party beneficiaries of the obligations of the parties hereto and may directly
          enforce the performance of any such obligations hereunder.

      

      

      Section 8.04.  No Petition.  Each of the Servicer and the
          Collateral Agent covenants and agrees that for a period of one year and one day (or, if longer, any applicable preference period) after payment in full of all Exchange Notes and all outstanding Securities, it will not institute against, or join
          any Person in instituting against, the Titling Trust, the Initial Beneficiary or the Transferor any bankruptcy, reorganization, arrangement, insolvency or liquidation Proceedings, or other Proceedings under any Insolvency Law in connection with
          any obligations relating to the 2018-B ABS Notes, the 2018-B Exchange Note or the 2018-B Basic Documents and agrees that it will not cooperate with or encourage others to institute any such Proceeding.

      

      

      Section 8.05.  GOVERNING LAW; SUBMISSION TO
              JURISDICTION.

      

      

      (a)           THIS 2018-B SERVICING SUPPLEMENT 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
            CONFLICTS OF LAWS (OTHER THAN SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW), AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

      

      

      (b)           Each party to this 2018-B Servicing Supplement
          submits to the nonexclusive jurisdiction of the United States District Court for the Southern District of New York and of any New York State Court sitting in New York, New York for purposes of all Proceedings arising out of or relating to this
          2018-B Servicing Supplement or the transactions contemplated by the 2018-B Basic Documents.  Each party to this 2018-B Servicing Supplement irrevocably waives, to the fullest extent it may do so, any objection that it may now or hereafter have to
          the laying of the venue of any such Proceeding brought in such a court and any claim that any such Proceeding brought in such a court has been brought in an inconvenient forum.

      

      

      Section 8.06.  WAIVER OF JURY TRIAL.  EACH PARTY TO THIS 2018-B SERVICING SUPPLEMENT IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL
            PROCEEDING ARISING OUT OF OR RELATING TO ANY 2018-B BASIC DOCUMENT OR THE TRANSACTIONS CONTEMPLATED BY ANY 2018-B BASIC DOCUMENT.

      

      

      Section 8.07.  Severability.  If any one or more of the
          covenants, agreements, provisions or terms of this 2018-B Servicing Supplement or the 2018-B Servicing Agreement is held invalid, illegal or unenforceable, then such covenants, agreements, provisions or terms will be deemed severable from the
          remaining covenants, agreements, provisions and terms of this 2018-B Servicing Supplement or the 2018-B Servicing Agreement, as applicable, and will in no way affect the validity, legality or enforceability of the other covenants, agreements,
          provisions and terms of this 2018-B Servicing Supplement or the 2018-B Servicing Agreement.

      

      

      
        21

        
          

      

      Section 8.08.  Counterparts.  This 2018-B Servicing
          Supplement may be executed in any number of counterparts, each of which will be an original, and all of which will together constitute one and the same instrument.

      

      

      Section 8.09.  Table of Contents and Headings.  The Table
          of Contents and the various headings in this 2018-B Servicing Supplement are included for convenience only and will not affect the meaning or interpretation of any provision of this 2018-B Servicing Supplement.

      

      

      Section 8.10.  Conflict with Basic Servicing Agreement.  In
          the event of any conflict between this 2018-B Servicing Supplement and the Basic Servicing Agreement, the terms of this 2018-B Servicing Supplement will prevail.

      

      

      Section 8.11.  No Recourse.  It is expressly understood and
          agreed by the parties that (i) this document is executed and delivered by BNYM, not individually or personally, but solely as Titling Trustee, in the exercise of the powers and authority conferred and vested in it, (ii) each of the
          representations, undertakings and agreements herein made on the part of the Titling Trust is made and intended not as personal representations, undertakings and agreements by BNYM but is made and intended for the purpose for binding only the
          Titling Trust, (iii) nothing herein contained shall be construed as creating any liability on BNYM, 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 (iv) under no circumstances shall BNYM be personally liable for the payment of any indebtedness or expenses of the Titling Trust or be liable for
          the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Titling Trust under this document or any other related documents.

      

      

      Section 8.12.  Each Exchange Note Separate; Assignees of Exchange Note. 

          Each party hereto acknowledges and agrees (and each holder or pledgee of the 2018-B Exchange Note, by virtue of its acceptance of such 2018-B Exchange Note or pledge thereof acknowledges and agrees) that (i) the Specified Interest is a separate
          series of the Titling Trust as provided in Section 3806(b)(2) of Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code Section 3801 et seq., (ii) the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing
          with respect to (a) the 2018-B Exchange Note or the related 2018-B Reference Pool shall be enforceable against such 2018-B Reference Pool only and not against any other Reference Pool or the Revolving Facility Pool and (b) any other Exchange
          Note, any other Reference Pool or the Revolving Facility Pool shall be enforceable against such other Exchange Note, other Reference Pools, or the Revolving Facility Pool only, as applicable, and not against the 2018-B Exchange Note or any 2018-B
          Lease or 2018-B Vehicle included in the 2018-B Reference Pool, (iii) except to the extent required by law, the leases and the related leased vehicles included in the Revolving Facility Pool or leases and the related leased vehicles included in
          any other Reference Pool with respect to any other Exchange Note (other than the 2018-B Exchange Note transferred hereunder which is related to the 2018-B Reference Pool) shall not be subject to the claims, debts, liabilities, expenses or
          obligations arising from or with respect to the 2018-B Exchange Note in respect of such claim, (iv) no creditor or holder of a claim relating to (a) the 2018-B Exchange Note or the related 2018-B Reference Pool shall be entitled to maintain any
          action against or recover any assets allocated to any other Reference Pool, the Revolving Facility Pool or any other Exchange Note or the assets allocated thereto (except to the extent of amounts available to such Persons on a fully subordinated
          basis), and (b) any other Reference Pool, the Revolving Facility Pool or any other Exchange Note other than the 2018-B Exchange Note related to the 2018-B Reference Pool shall be entitled to maintain any action against or recover any assets
          allocated to the 2018-B Reference Pool and (v) any purchaser, assignee or pledgee of an interest in the 2018-B Reference Pool or, the 2018-B Exchange Note, must, prior to or contemporaneously with the grant of any such assignment, pledge or
          security interest, (a) give to the Titling Trust a non-petition covenant substantially similar to that set forth in Section 11.10 of the Titling Trust Agreement and (b) execute an agreement for the benefit of each holder, assignee or pledgee from
          time to time of any other Exchange Note to release all claims to the assets of the Titling Trust allocated to the Revolving Facility Pool and each other Reference Pool and, in the event that such release is not given effect, to fully subordinate
          all claims it may be deemed to have against the assets of the Titling Trust allocated to the Revolving Facility Pool and each other Reference Pool.

       

        

      
        22

        
          

      

      IN WITNESS WHEREOF, the parties hereto have caused this 2018-B Servicing Supplement to be duly executed by their respective officers duly
          authorized as of the day and year first above written.

      

      

      	 	
              MERCEDES-BENZ FINANCIAL SERVICES USA LLC, as Servicer

            
	 	 	 
	 	
              By:

            	 
	 	 	
              Name:

            
	 	 	
              Title:

            
	 	 	 
	 	
              MERCEDES-BENZ FINANCIAL SERVICES USA LLC, as Lender

            
	 	 	 
	 	
              By:

            	 
	 	 	
              Name:

            
	 	 	
              Title:

            
	 	 	 
	 	
              DAIMLER TRUST,

              as Titling Trust

            
	 	 	 
	 	
              By:

            	
              BNY MELLON TRUST OF DELAWARE (f/k/a BNYM (Delaware))

            
	 	 	
              (f/k/a The Bank of New York (Delaware)), not in its individual capacity but solely as Titling Trustee

            
	 	 	 
	 	
              By:

            	 
	 	 	
              Name:

            
	 	 	
              Title:

            
	 	 	 
	 	
              DAIMLER TITLE CO.,

              as Collateral Agent

            
	 	 	 
	 	
              By:

            	 
	 	 	
              Name:

            
	 	 	
              Title:

            

      

      

      
        
          

      

      
      EXHIBIT A

      

      

      2018-B REFERENCE POOL ASSET SCHEDULE

      

      

      (On file with the Collateral Agent)

      

      

      
        A-1

        
          

      

      
      EXHIBIT B

      

      

      2018-B LEASE AND 2018-B VEHICLE REPRESENTATIONS AND WARRANTIES

      

      

      (i)            Origination.  The 2018-B Lease is a Stand-Alone Lease that was originated (a) by a Dealer, (b) on or after December 1, 2013, (c) pursuant to an agreement which allows for recourse to the Dealer in the event of certain
          defects in the 2018-B Lease (but not for a default by the related Lessee) and (d) in substantial compliance with the Credit and Collection Policy.

      

      

      (ii)           Leases.  The 2018-B Lease constitutes “tangible chattel paper” or “electronic chattel paper” within the meaning of Section 9-102 of the UCC.

      

      

      (iii)          Leased Vehicle.  The related 2018-B Vehicle is a Mercedes-Benz passenger car or sport utility vehicle that was new at the time of the origination of the related 2018-B Lease and is not powered by a diesel engine.

      

      

      (iv)          Certificate of Title and Lienholder.  The 2018-B Vehicle was titled in a State, or the Servicer has started procedures that will result in the 2018-B Vehicle being titled, in accordance with the Titling Trust
          Agreement and in a manner acceptable to the related Registrar of Titles, and the Collateral Agent is or will be noted as lienholder of the 2018-B Vehicle (other than in Kansas, Missouri, Nebraska, Nevada or South Dakota) and such lien is a
          perfected first priority security interest.

      

      

      (v)           Lessee.  The related Lessee is a Person other than MBFS USA, any Affiliate thereof or a Governmental Authority and, at the time of origination of the 2018-B Lease, based on information provided by the Lessee, the
          Lessee is located in and has a billing address within a State.

      

      

      (vi)          Closed-End Lease; Payment in Dollars.  The 2018-B Lease is payable solely in Dollars in the United States and is a closed-end lease that provides for equal monthly payments by the Lessee, which scheduled payments, if made
          when due, fully amortize to an amount equal to the Booked Residual Value of the related 2018-B Vehicle based upon the related Contract Rate.

      

      

      (vii)        One Original.  There is only one original executed copy or one authoritative copy of the 2018-B Lease, as applicable.  The Servicer, or its custodian, has possession or control, as applicable, of such original or
          authoritative copy, which does not have any marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any Person other than the Titling Trust.

      

      

      (viii)        Compliance with Law.  The 2018-B Lease complied in all material respects at the time it was originated and, as of the 2018-B Cutoff Date, will comply in all material respects with all requirements of federal, State
          and local laws.

      

      

      
        B-1

        
          

      

      (ix)          Enforceability.  The 2018-B Lease was fully and properly executed by the parties thereto and such 2018-B Lease represents the legal, valid and binding full-recourse payment obligation of the related Lessee, enforceable
          against such Lessee in accordance with its terms, except as enforceability is subject to or limited by bankruptcy, reorganization, insolvency, fraudulent conveyance, moratorium and other similar laws affecting the enforcement of creditors’ rights
          in general or principles of equity (whether considered in a suit at law or in equity).

      

      

      (x)          Title to the Lease and Leased Vehicle.  Neither the 2018-B Lease nor the 2018-B Vehicle has been sold, transferred, assigned, pledged or granted by any Dealer to any Person other than the Titling Trust.  The Titling Trust
          has good and marketable title to such 2018-B Lease and 2018-B Vehicle, free and clear of any Liens (other than Permitted Liens), participations and rights of others, including, to the knowledge of the Servicer, Liens (other than Permitted Liens)
          or claims for work, labor or material relating to such 2018-B Vehicle.

      

      

      (xi)          Lease in Full Force and Effect; No Waiver.  The 2018-B Lease is in full force and effect and not satisfied, subordinated or rescinded and no provision of the 2018-B Lease has been waived in any manner that causes or could
          cause such 2018-B Lease to not qualify with the other criteria set forth herein.

      

      

      (xii)         No Defenses.  The 2018-B Lease is not subject to any right of rescission, cancellation, setoff, claim, counterclaim or any other defense (including defenses arising out of violations of usury laws) of the related
          Lessee to payment of the amounts due thereunder, and no such right of rescission, cancellation, set-off, claim, counterclaim or any other defense (including defenses arising out of violations of usury laws) has been asserted or threatened.

      

      

      (xiii)        Assignability.  The 2018-B Lease is fully assignable and does not require the consent of the related Lessee or any other Person as a condition to any transfer, sale or assignment of the rights thereunder to the
          Titling Trust.

      

      

      (xiv)        Lease Term.  As of its origination date, the 2018-B Lease had an original Lease Term of no less than 12 months and no more than 60 months.

      

      

      (xv)         Insurance.  As of the time of origination of the 2018-B Lease, the related lease agreement required the related Lessee to obtain physical damage insurance covering the related 2018-B Vehicle.

      

      

      (xvi)        No Bankruptcy.  As of the 2018-B Cutoff Date, the Servicer has not received actual notice that the Lessee on any 2018-B Lease is a debtor in a bankruptcy proceeding.

      

      

      (xvii)       No Extensions.  The 2018-B Lease has not been extended or otherwise been deferred, but may have been modified in accordance with the Credit and Collection Policy so long as such modification did not cause such 2018-B
          Lease to not qualify with the other criteria set forth herein.

      

      

      (xviii)      Delinquencies; No Payment Default.  As of the 2018-B Cutoff Date, none of the 2018-B Leases is Delinquent by more than 30 days.  As of the 2018-B Cutoff Date, none of the 2018-B Leases is a Defaulted Lease.

      

      

      
        B-2

        
          

      

      (xix)         Securitization Value.  As of the 2018-B Cutoff Date, each 2018-B Lease had a Securitization Value not less than $15,000 and no more than $250,000.

      

      

      (xx)          FICO Score.  As of its origination date, the Lessee under the 2018-B Lease had a FICO score of not less than 651.

      

      

      (xxi)         No Allocation to Other Specified Interest.  The 2018-B Lease and the related 2018-B Vehicle allocated to the 2018-B Reference Pool has not been allocated to any Reference Pool other than the 2018-B Reference Pool.

      

      

      (xxii)        Model Year.  The related 2018-B Vehicle has a model year between 2014 and 2018.

      

      

      
        B-3

        
          

      

      
      EXHIBIT C

      

      

      FORM OF MONTHLY INVESTOR REPORT

      

      

      Mercedes-Benz Auto Lease Trust 2018-B

      Investor Report

      

      

      	
              Collection Period Ended

            	
              DD-Mon-YYYY

            	
              Amounts in USD

            
	 	 	 

      	
              Dates

            	 	 	 	 	 
	 	 	 	 	 	 
	
              Collection Period No.

            	
              #

            	 	 	 	 
	
              Collection Period (from... to)

            	
              DD-Mon-YYYY

            	
              DD-Mon-YYYY

            	 	 	 
	
              Determination Date

            	
              DD-Mon-YYYY

            	 	 	 	 
	
              Record Date

            	
              DD-Mon-YYYY

            	 	 	 	 
	
              Payment Date

            	
              DD-Mon-YYYY

            	 	 	 	 
	
              Interest Period of the Class A-1 Notes (from... to)

            	
              DD-Mon-YYYY

            	
              DD-Mon-YYYY

            	
              Actual/360 Days

            	
              #

            	 
	
              Interest Period of the Class A-2, A-3 and A-4 Notes (from... to)

            	
              DD-Mon-YYYY

            	
              DD-Mon-YYYY

            	
              30/360 Days

            	
              #

            	 

      

      

      	
              Summary

            	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	
              Initial 

              Balance

            	 	 	
              Beginning 

              Balance

            	 	 	
              Ending

               Balance

            	 	
              Principal 

              Payment

            	
              Principal 

              per $1000 

              Face 

              Amount

            	 	
              Note Factor

            	 
	
              Class A-1 Notes

            	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
              Class A-2 Notes

            	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
              Class A-3 Notes

            	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
              Class A-4 Notes

            	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
              Total Note Balance

            	 	
              $

            	 	 	 	
              $

            	 	 	 	
              $

            	 	 	
               

            	 	 	$	 	 
	
              Overcollateralization

            	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
              Total Securitization Value

            	 	
              $

            	 	 	 	
              $

            	 	 	 	 	 	 	 	 	 	$	 	 
	
              present value of lease payments

            	 	
              $

            	 	 	 	
              $

            	 	 	 	 	 	 	 	 	 	$	 	 
	
              present value of Base Residual Value

            	 	
              $

            	 	 	 	
              $

            	 	 	 	 	 	 	 	 	 	$	 	 

      

      

      	 	 	
              Amount

            	 	 	
              Percentage

            	 
	
              Initial Overcollateralization Amount

            	 	
              $

            	 	 	 	

            	
              %

            	 
	
              Target Overcollateralization Amount

            	 	
              $

            	 	 	 	

            	
              %

            	 
	
              Current Overcollateralization Amount

            	 	
              $

            	 	 	 	

            	
              %

            	 

      

      

      
        C-1

        
          

      

      	 	 	
              Interest Rate

            	 	
              Interest

              Payment

            	 	
              Interest per

              $1000 Face

              Amount

            	 	 	
              Interest &

              Principal

              Payment

            	 	 	
              Interest &

              Principal

              Payment per

              $1000 Face

              Amount

            	 
	
              Class A-1 Notes

            	 	

            	
              %

            	 	 	 	 	 	 	$	 	 	 	
              $

            	 	 
	
              Class A-2 Notes

            	 	
              %

            	 	 	 	 	 	 	$	 	 	 	
              $

            	 	 
	
              Class A-3 Notes

            	 	
              %

            	 	 	 	 	 	 	$	 	 	 	
              $

            	 	 
	
              Class A-4 Notes

            	 	
              %

            	 	 	 	 	 	 	$	 	 	 	
              $

            	 	 
	
              Total

            	 	 	 	 	
               

            	 	$	 	 	 	 	 	 	 	$	 	 
	
              Total

            	 	 	 	 	
               

            	 	$	 	 	 	 	 	 	 	$	 	 

      

      

      	 	 	
              Initial Balance

            	 	 	
              Beginning Balance

            	 	 	
              Ending Balance

            	 
	
              Exchange Note Balance

            	 	
              $

            	 	 	 	
              $

            	 	 	 	
              $

            	 	 

      

      

      	
              2018-B Available Collections

            	 
	 	 	 	 
	
              Lease Payments Received

            	 	
              $

            	 	 
	
              Net Sales Proceeds-early terminations (including Defaulted Leases)

            	 	
              $

            	 	 
	
              Net Sales Proceeds-scheduled terminations

            	 	
              $

            	 	 
	
              Excess wear and tear included in Net Sales Proceeds

            	 	
              $

            	 	 
	
              Excess mileage included in Net Sales Proceeds

            	 	
              $

            	 	 
	
              Repurchase Payments

            	 	
              $

            	 	 
	
              Advances made by the Servicer

            	 	
              $

            	 	 
	
              Investment Earnings

            	 	
              $

            	 	 
	
              Total Available Funds

            	 	
              $

            	 	 

      

      

      	
              Distribution on the Exchange Note

            	 	 	 
	 	 	 	 	 
	(1)	
               Total Servicing Fee and Nonrecoverable Servicer Advances

            	 	
              $

            	 	 
	(2)	
               Exchange Note Interest Distributable Amount (____%)

            	 	
              $

            	 	 
	(3)	
               Exchange Note Principal Distributable Amount

            	 	
              $

            	 	 
	(4)	
               Any amounts by which the sum payable pursuant to Section 8.03(a)(i) through (vii) of the Indenture
                  (or, if applicable, pursuant to Section 5.04(b)(i)through (vii) of the Indenture) exceed the sum of the Exchange Note Interest Distributable Amount and the Exchange Note Principal Distributable Amount

            	 	
              $

            	 	 
	(5)	
               Remaining Funds Payable

            	 	
              $

            	 	 
	
              Total Distribution

            	 	
              $

            	 	 

      

      

      	
              Available Funds ABS Notes

            	 
	 	 	 	 
	
              Total Exchange Note Payments

            	 	
              $

            	 	 
	
              Reserve Account Draw Amount

            	 	
              $

            	 	 
	
              Total Available Funds

            	 	
              $

            	 	 

      

      

      
        C-2

        
          

      

      	
              ABS Note Distributions

            	 
	 	 	 	 	 
	(1)	
              Total Trustee Fees and any Asset Representations Reviewer fees (max $250,000 p.a.)

            	 	
              $

            	 	 
	(2)	
              Interest Distributable Amount Class A Notes

            	 	
              $

            	 	 
	(3)	
               Priority Principal Distribution Amount

            	 	
              $

            	 	 
	(4)	
              To Reserve Fund to reach the Reserve Fund Required Amount

            	 	
              $

            	 	 
	(5)	
               Regular Principal Distribution Amount

            	 	
              $

            	 	 
	(6)	
               Additional Servicing Fee and Transition Costs

            	 	
              $

            	 	 
	(7)	
               Total Trustee Fees and any Asset Representations Reviewer fees [not previously paid under (1)]

            	 	
              $

            	 	 
	(8)	
               Excess Collections to Certificateholders

            	 	
              $

            	 	 
	
              Total Distribution

            	 	 	 	 

      

      

      	
              Distribution Detail

            
	 	 	 	 
	 	
              Amount 

              Due

            	
              Amount 

              Paid

            	
              Shortfall

            
	
              Total Servicing Fee

            	 	 	 
	
              Total Trustee Fee

            	 	 	 
	 	 	 	 
	 	 	 	 
	
              Monthly Interest Distributable Amount

            	 	 	 
	
              thereof on Class A-1 Notes

            	 	 	 
	
              thereof on Class A-2 Notes

            	 	 	 
	
              thereof on Class A-3 Notes

            	 	 	 
	
              thereof on Class A-4 Notes

            	 	 	 
	 	 	 	 
	
              Interest Carryover Shortfall Amount

            	 	 	 
	
              thereof on Class A-1  Notes

            	 	 	 
	
              thereof on Class A-2 Notes

            	 	 	 
	
              thereof on Class A-3 Notes

            	 	 	 
	
              thereof on Class A-4 Notes

            	 	 	 
	
              Interest Distributable Amount Class A Notes

            	 	 	 
	 	 	 	 
	
              Priority Principal Distribution Amount

            	 	 	 
	 	 	 	 
	
              Regular Principal Distribution Amount

            	 	 	 
	 	 	 	 
	
              Principal Distribution Amount

            	 	 	 

      

      

      	
              Reserve Fund and Investment Earnings

            
	
              Reserve Fund

            
	 	 
	
              Reserve Fund Required Amount

            	 
	 	 
	
              Reserve Fund Amount - Beginning Balance

            	 
	
              plus top up Reserve Fund up to the Required Amount

            	 
	
              plus Net Investment Earnings for the Collection Period

            	 
	
              minus Net Investment Earnings

            	 
	
              minus Reserve Fund Draw Amount

            	 
	
              Reserve Fund Amount - Ending Balance

            	 
	 	 
	
              Reserve Fund Deficiency

            	 
	 	 
	
              Investment Earnings

            	 
	 	 
	
              Net Investment Earnings on the Reserve Fund

            	 
	
              Net Investment Earnings on the Exchange Note

            	 
	
              Collection Account

            	 
	
              Investment Earnings for the Collection Period

            	 

      

      

      
        C-3

        
          

      

      	
              Notice to Investors

            
	 	 	 
	
              Pool Statistics

            
	 	 	 
	
              Pool Data

            
	 	
              Amount

            	
              Number of Leases

            
	
              Cutoff Date Securitization Value

            	 	 
	 	 	 
	
              Securitization Value beginning of Collection Period

            	 	 
	
              Principal portion of lease payments

            	 	 
	
              Terminations- Early

            	 	 
	
              Terminations- Scheduled

            	 	 
	
              Repurchase Payment (excluding interest)

            	 	 
	
              Gross Losses

            	 	 
	
              Securitization Value end of Collection Period

            	 	 

      

      

      	
              Pool Factor

            	
              %

            
	 	
              As of Cutoff Date

            	
              Current

            
	 	 	 
	
              Weighted Average Securitization Rate

            	 	 
	 	 	 
	
              Weighted Average Remaining Term (months)

            	 	 
	
              Weighted Average Seasoning (months)

            	 	 
	
              Aggregate Base Residual Value

            	 	 
	
              Cumulative Turn-in Ratio

            	 	 
	
              Proportion of base prepayment assumption realized life to date

            	 	 
	
              Actual lifetime prepayment speed

            	 	 

      

      

      	
              Delinquency Profile

            
	 	 	 	 
	
              Delinquency Profile*

            	
              Amount **

            	
              Number of Leases

            	
              Percentage

            
	
              Current

            	 	 	 
	
              31-60 Days Delinquent

            	 	 	 
	
              61-90 Days Delinquent

            	 	 	 
	
              91-120 Days Delinquent

            	 	 	 
	
              Total

            	 	 	 

      *A lease is not considered delinquent if the amount past due is less than 10% of the payment due under such lease

      **Based on the actual Securitization Value of the respective leases"

      

      

      Delinquency Trigger:

      60+ Delinquent Leases to EOP Aggregate Securitization Value: 4.747%

      Delinquency Trigger Occurred?          [Y/N]

      

      

      
        C-4

        
          

      

      	
              Loss Statistics

            
	 	 	 	 	 
	
              Credit Loss

            	
              Current

              Amount

            	
              Cumulative

              Number of

              Leases

            	
              Amount

            	
              Number of

              Leases

            
	
              Securitization Value of Defaulted Leases, Beg of Collection Period

            	 	 	 	 
	
              Liquidation Proceeds

            	 	 	 	 
	
              Recoveries

            	 	 	 	 
	 	 	 	 	 
	
              Principal Net Credit Loss / (Gain)

            	 	 	 	 
	 	 	 	 	 
	
              Net Credit Loss / (Gain) as % of Average Securitization Value (annualized):

            	 	 	 	 
	
              Current Collection Period

            	 	 	 	 
	
              Prior Collection Period

            	 	 	 	 
	
              Second Prior Collection Period

            	 	 	 	 
	
              Third Prior Collection Period

            	 	 	 	 
	 	 	 	 	 
	
              Four Month Average

            	 	 	 	 
	 	 	 	 	 
	
              Cumulative Net Credit Loss / (Gain) as % of Cutoff Date Securitization Value

            	 	 	 	 
	 	 	 	 	 
	
              Average Net Credit Loss / (Gain)

            	 	 	 	 

      

      

      	
              Residual Loss

            	
              Current

              Amount

            	
              Cumulative

              Number of

              Leases

            	
              Amount

            	
              Number of

              Leases

            
	
              Securitization Value of Liquidated Leases, Beg of Collection Period

            	 	 	 	 
	
              Sales Proceeds and Other Payments Received

            	 	 	 	 
	 	 	 	 	 
	
              Residual Loss / (Gain)

            	 	 	 	 
	 	 	 	 	 
	
              Residual Loss / (Gain) as % of Average Securitization Value (annualized):

            	 	 	 	 
	
              Current Collection Period

            	 	 	 	 
	
              Prior Collection Period

            	 	 	 	 
	
              Second Prior Collection Period

            	 	 	 	 
	
              Third Prior Collection Period

            	 	 	 	 
	 	 	 	 	 
	
              Four Month Average

            	 	 	 	 
	 	 	 	 	 
	
              Cumulative Residual Loss / (Gain) as % of Cutoff Date Securitization Value

            	 	 	 	 
	 	 	 	 	 
	
              Average Residual Loss / (Gain)

            	 	 	 	 

      

      

      [For the first Monthly Investor Report following the Closing Date:]

      [The fair value of the Notes and the Certificates on the Closing Date is summarized as follows:

      

      

      Class A-1 Notes $M (%), Class A-2 Notes $M (%), Class A-3 Notes $M (%), Class A-4 Notes $M (%), Certificates $M (%), Total $M (%).

      

        The Depositor must retain a percentage interest in the Certificates with a fair value of at least 5% of the aggregate value of the Notes and Certificates,
            or $[insert dollar amount equal to 5% of the aggregate value of the Notes and Certificates], according to Regulation RR.

        

        

        [Description of material differences, if any, in methodology or key inputs and assumptions.]

      

    

     

      
      
        C-5

        
          

      

      

    
      EXHIBIT D 

      

      

      FORM OF PERFORMANCE CERTIFICATION

      

      

      Re:  Mercedes-Benz Auto Lease Trust 2018-B

      

      

      The undersigned Servicer hereby certifies to _______ and its officers, directors and Affiliates (collectively, the “Certification
          Parties”) as follows, with the knowledge and intent that the Certification Parties will rely on this Certification in connection with the certification concerning the Issuer to be signed by an officer of the Servicer pursuant to the
          Sarbanes-Oxley Act of 2002:

      

      

      1.            I have reviewed:

      

      

      (i)          the servicer compliance statement
          of the Servicer provided in the form specified by Item 1123 of Regulation AB (the “Compliance Statement”);

      

      

      (ii)         the report on assessment of the
          Servicer’s compliance with the servicing criteria set forth in Item 1122(d) of Regulation AB (the “Servicing Criteria”), provided in accordance with Rules 13a-18 and 15d-18 under the Securities Exchange Act of 1934, as amended (the “Exchange
          Act”), and Item 1122 of Regulation AB (the “Servicing Assessment”);

      

      

      (iii)        the registered public accounting
          firm’s attestation report provided in the form specified by Rules 13a-18 and 15d-18 under the Exchange Act and Section 1122(b) of Regulation AB (the “Attestation Report”); and

      

      

      (iv)       all servicing reports, officer’s
          certificates and other information relating to the servicing of the 2018-B Leases and 2018-B Vehicles by the Servicer during 20___ that were delivered by the Servicer to the Indenture Trustee pursuant to the Agreement (collectively, the
          “Servicing Information”).

      

      

      2.            Based on my knowledge, the Servicing Information,
          taken as a whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in the light of the circumstances under which such statements were made, not misleading with
          respect to the period of time covered by the Servicing Information.

      

      

      3.            Based on my knowledge, all of the Servicing
          Information required to be provided by the Servicer under the Agreement has been provided to the Indenture Trustee.

      

      

      4.             I am responsible for reviewing the activities
          performed by Mercedes-Benz Financial Services USA LLC, as Servicer (the “Servicer”) under the 2018-B Servicing Supplement, dated as of November 1, 2018 (the “Agreement”), among Mercedes Benz Financial Services USA LLC, as the lender (in such
          capacity, the “Lender”) and as servicer (in such capacity, the “Servicer”), Daimler Trust (the “Titling Trust”) and Daimler Title Co., as collateral agent (the “Collateral Agent”), and based on my knowledge and the compliance review conducted in
          preparing the Compliance Statement and except as disclosed in the Compliance Statement, the Servicing Assessment or the Attestation Report, the Servicer has fulfilled its obligations under the Agreement in all material respects.

      

      

      
        D-1

        
          

      

      5.            The Compliance Statement required to be delivered by
          the Servicer pursuant to the Agreement, and the Servicing Assessment and Attestation Report required to be provided by the Servicer pursuant to the Agreement, have been provided to the Indenture Trustee.  Any material instances of noncompliance
          described in such reports have been disclosed to the Transferor.  Any material instance of noncompliance with the Servicing Criteria has been disclosed in such reports.

      

      

      Capitalized terms not otherwise defined herein have the meanings ascribed thereto in the Agreement.

      

      

      	
              Date: 

                

            	 	 	 	 
	 	 	 	 
	 	 	
              MERCEDES-BENZ FINANCIAL SERVICES USA LLC

            
	 	 	 	 
	 	 	
              By:

            	 
	 	 	 	
              Name:

            
	 	 	 	
              Title:

            

      

      

      
        D-2

        
          

      

      
      EXHIBIT E

      

      

      SERVICING CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE

      

      

      The assessment of compliance to be delivered by the Servicer, shall address, at a minimum, the criteria identified as below as
          “Applicable Servicing Criteria”:

      

      

      	
              Reference

            	
              Criteria

            	
              Applicable Servicing

              Criteria

            	
              Responsible

              Party

            
	 	
              General Servicing Considerations

            	 	 
	
              1122(d)(1)(i)

            	
              Policies and procedures are instituted to monitor any performance or other triggers and events of default in accordance with the transaction
                  agreements.

            	 	
              Servicer

               

               

            
	
              1122(d)(1)(ii)

            	
              If any material servicing activities are outsourced to third parties, policies and procedures are instituted to monitor the third party’s
                  performance and compliance with such servicing activities.

            	 	
              Servicer

               

               

            
	
              1122(d)(1)(iii)

            	
              Any requirements in the transaction agreements to maintain a back-up servicer for the pool assets are maintained.

            	
              N/A

            	 
	
              1122(d)(1)(iv)

            	
              A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in
                  the amount of coverage required by and otherwise in accordance with the terms of the transaction agreements.

            	 	 
	
              1122(d)(1)(v)

            	
              Aggregation of information, as applicable, is mathematically accurate and the information conveyed accurately reflects the information.

            	 	
              Servicer

            
	 	
              Cash Collection and Administration

            	 	 
	
              1122(d)(2)(i)

            	
              Payments on pool assets are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days
                  following receipt, or such other number of days specified in the transaction agreements.

            	 	
              Servicer

               

               

            
	
              1122(d)(2)(ii)

            	
              Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by authorized personnel.

            	
              N/A for obligor disbursements

            	
              Servicer

               

               

            
	
              1122(d)(2)(iii)

            	
              Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are
                  made, reviewed and approved as specified in the transaction agreements.

            	 	
              Servicer

               

               

            
	
              1122(d)(2)(iv)

            	
              The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, are separately
                  maintained (e.g., with respect to commingling of cash) as set forth in the transaction agreements.

            	 	
              Servicer

               

               

            

      

      

      
        E-1

        
          

      

      	
              Reference

            	Criteria	
              Applicable Servicing

              Criteria

            	
              Responsible

              Party

            
	
              1122(d)(2)(v)

            	
              Each custodial account is maintained at a federally insured depository institution as set forth in the transaction agreements. For purposes of this
                  criterion, “federally insured depository institution” with respect to a foreign financial institution means a foreign financial institution that meets the requirements of Rule 13k-1(b)(1) of the Securities Exchange Act.

            	 	
              Indenture Trustee

            
	
              1122(d)(2)(vi)

            	
              Unissued checks are safeguarded so as to prevent unauthorized access.

            	
              N/A

            	 
	
              1122(d)(2)(vii)

            	
               Reconciliations are prepared on a monthly basis for all asset-backed securities related bank accounts, including custodial accounts and related
                  bank clearing accounts. These reconciliations are (A) mathematically accurate; (B) prepared within 30 calendar days after the bank statement cutoff date, or such other number of days specified in the transaction agreements; (C) reviewed
                  and approved by someone other than the person who prepared the reconciliation; and (D) contain explanations for reconciling items. These reconciling items are resolved within 90 calendar days of their original identification, or such
                  other number of days specified in the transaction agreements.

            	 	
              Servicer

               

              Indenture Trustee

            
	 	
              Investor Remittances and Reporting

            	 	 
	
              1122(d)(3)(i)

            	
              Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable
                  Commission requirements. Specifically, such reports (A) are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) provide information calculated in accordance with the terms specified in the
                  transaction agreements; (C) are filed with the Commission as required by its rules and regulations; and (D) agree with investors’ or the trustee’s records as to the total unpaid principal balance and number of pool assets serviced by the
                  Servicer.

            	 	
              Servicer

               

               

            
	
              1122(d)(3)(ii)

            	
              Amounts due to investors are allocated and remitted in accordance with timeframes, distribution priority and other terms set forth in the
                  transaction agreements.

            	 	
              Servicer

               

              Indenture Trustee

            
	
              1122(d)(3)(iii)

            	
              Disbursements made to an investor are posted within two business days to the Servicer’s investor records, or such other number of days specified in
                  the transaction agreements.

            	 	
              Servicer

               

              Indenture Trustee

            
	
              1122(d)(3)(iv)

            	
              Amounts remitted to investors per the investor reports agree with cancelled checks, or other form of payment, or custodial bank statements.

            	 	
              Servicer Indenture Trustee

            

      

      

      
        E-2

        
          

      

      	
              Reference

            	Criteria	
              Applicable Servicing

              Criteria

            	
              Responsible

              Party

            
	 	
              Pool Asset Administration

            	 	 
	
              1122(d)(4)(i)

            	
              Collateral or security on pool assets is maintained as required by the transaction agreements or related pool asset documents.

            	 	
              Servicer

            
	
              1122(d)(4)(ii)

            	
              Pool assets and related documents are safeguarded as required by the transaction agreements

            	 	
              Servicer

            
	
              1122(d)(4)(iii)

            	
              Any additions, removals or substitutions to the asset pool are made, reviewed and approved in accordance with any conditions or requirements in the
                  transaction agreements.

            	 	
              Servicer

               

               

            
	
              1122(d)(4)(iv)

            	
              Payments on pool assets, including any payoffs, made in accordance with the related pool assets documents are posted to the Servicer’s obligor
                  records maintained no more than two business days after receipt, or such other number of days specified in the transaction agreements, and allocated to principal, interest or other items (e.g., escrow) in accordance with the related pool
                  asset documents.

            	 	
              Servicer

            
	
              1122(d)(4)(v)

            	
              The Servicer’s records regarding the pool assets agree with the Servicer’s records with respect to an obligor’s unpaid principal balance.

            	 	
              Servicer

            
	
              1122(d)(4)(vi)

            	
              Changes with respect to the terms or status of an obligor's pool assets (e.g., loan modifications or re-agings) are made, reviewed and approved by
                  authorized personnel in accordance with usual customary procedures.

            	 	
              Servicer

            
	
              1122(d)(4)(vii)

            	
              Loss mitigation or recovery actions (e.g., forbearance plans, modifications and deeds in lieu of foreclosure, foreclosures and repossessions, as
                  applicable) are initiated, conducted and concluded in accordance with usual customary procedures.

            	 	
              Servicer

            
	
              1122(d)(4)(viii)

            	
              Records documenting collection efforts are maintained during the period a pool asset is delinquent in accordance with the transaction agreements.
                  Such records are maintained on at least a monthly basis, or such other period specified in the transaction agreements, and describe the entity’s activities in monitoring delinquent pool assets including, for example, phone calls, letters
                  and payment rescheduling plans in cases where delinquency is deemed temporary (e.g., illness or unemployment).

            	 	
              Servicer

            
	
              1122(d)(4)(ix)

            	
              Adjustments to interest rates or rates of return for pool assets with variable rates are computed based on the related pool asset documents.

            	
              N/A

            	 

      

      

      
        E-3

        
          

      

      
      	
              Reference

            	Criteria	
              Applicable Servicing

              Criteria

            	
              Responsible

              Party

            
	
              1122(d)(4)(x)

            	
              Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s pool asset
                  documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable pool asset documents and state laws; and (C)
                  such funds are returned to the obligor within 30 calendar days of full repayment of the related pool assets, or such other number of days specified in the transaction agreements.

            	
              N/A

            	 
	
              1122(d)(4)(xi)

            	
              Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as
                  indicated on the appropriate bills or notices for such payments, provided that such support has been received by the servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction
                  agreements.

            	
              N/A

            	 
	
              1122(d)(4)(xii)

            	
              Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the servicer’s funds and not charged to
                  the obligor, unless the late payment was due to the obligor’s error or omission.

            	
              N/A

            	 
	
              1122(d)(4)(xiii)

            	
              Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the servicer, or such other
                  number of days specified in the transaction agreements.

            	
              N/A

            	 
	
              1122(d)(4)(xiv)

            	
              Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements.

            	 	
              Servicer

            
	
              1122(d)(4)(xv)

            	
              Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in
                  the transaction agreements.

            	
              N/A

            	 

      

      

      	 	
              By:

            	 
	 	 	
              Name:

            
	 	 	
              Title:

            

      

      

      
        E-4

        
          

      

      
      
        APPENDIX 1

        

        

        USAGE AND DEFINITIONS

        

        

        USAGE

        

        

        The following rules of construction and usage are applicable to this Appendix and to any agreement that incorporates this
            Appendix and any certificate or other document made or delivered pursuant to any such agreement:

        

        

        (a)         All terms
            defined in this Appendix, unless otherwise defined in any agreement that incorporates this Appendix or any certificate or other document made or delivered pursuant to any such agreement, have the meanings assigned in this Appendix.

        

        

        (b)         Accounting
            terms not defined in this Appendix or in any such agreement, certificate or other document, and accounting terms partly defined in this Appendix or in any such agreement, certificate or other document, to the extent not defined, have the
            respective meanings given to them under International Financial Reporting Standards as in effect on the date of such agreement, certificate or other document.  To the extent that the definitions of accounting terms in this Appendix or in any
            such agreement, certificate or other document are inconsistent with the meanings of such terms under International Financial Reporting Standards, the definitions contained in this Appendix or in any such agreement, certificate or other document
            will control.

        

        

        (c)         References to
            words such as “this Agreement”, “herein”, “hereof” and the like shall refer to an agreement that incorporates this Appendix as a whole and not to any particular part, Article or Section within such agreement.  References in an agreement to
            “Article”, “Section”, “Exhibit”, “Schedule”, “Appendix”, “subsection” or another subdivision or to an attachment are, unless otherwise specified, to an article, section, exhibit, schedule, appendix, subsection or other subdivision of or an
            attachment to such agreement.  The term “or” means “and/or” and the term “including” means “including without limitation”.

        

        

        (d)        The
            definitions contained in this Appendix are equally applicable to both the singular and plural forms of such terms and to the masculine as well as to the feminine and neuter genders of such terms.

        

        

        (e)         Any agreement
            or statute defined or referred to in this Appendix or in any agreement that incorporates this Appendix means such agreement or statute as from time to time amended, modified, supplemented or replaced, including (in the case of agreements) by
            waiver or consent and (in the case of statutes) by succession of comparable successor statutes and includes (in the case of agreements) references to all attachments thereto and instruments incorporated therein and (in the case of statutes) any
            rules and regulations promulgated thereunder and any judicial and administrative interpretations thereof.

         

          (f)         References
              to a Person are also to its permitted successors and assigns.

        

         

        
          A1-1

          
            

        

        
          (g)        References to deposits, transfers and payments of any amounts refer to
              deposits, transfers or payments of such amounts in immediately available funds; and the term “proceeds” has the meaning ascribed to such term in the UCC.

        

         

        
        (h)        Except where
            “not less than zero” or similar language is indicated, amounts determined by reference to a mathematical formula may be positive or negative.

        

        

        DEFINITIONS

        

        

        “2018-B ABS Notes” or “Notes” means the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes, in each case, substantially in the form of Exhibit A to the
            Indenture.

        

        

        “2018-B Administration Agreement”
            means the 2018-B Administration Agreement, dated as of November 1, 2018, among the Issuer, the Administrator and the Indenture Trustee.

        

        

        “2018-B Aggregate Base Residual Value”
            means, as of any date, the aggregate of the Base Residual Values of the 2018-B Leases as of such date.

        

        

        “2018-B Aggregate Securitization Value”
            means, as of any date, the aggregate of the Securitization Values of the 2018-B Leases as of such date.

        

        

        “2018-B Available Collections” means,
            for any Payment Date and the related Collection Period, the sum of (i) all amounts distributed to the 2018-B Exchange Noteholder pursuant to Section 5.01 of the 2018-B Exchange Note Supplement and (ii) investment earnings, net of any applicable
            investment losses and expenses, on funds on deposit in the 2018-B Bank Accounts.

        

        

        “2018-B Available Funds” means, for
            any Payment Date and the related Collection Period, the sum of (i) 2018-B Available Collections and (ii) the 2018-B Reserve Account Draw Amount.

        

        

        “2018-B Available Funds Shortfall Amount”
            means, for any Payment Date and the related Collection Period, the amount, if any, by which 2018-B Available Collections is less than the amount necessary to make the distributions in clauses (i) through (iii) of Section 8.03(a) of the
            Indenture.

        

        

        “2018-B Bank Accounts” means the
            2018-B Exchange Note Collection Account, the 2018-B Distribution Account and the 2018-B Reserve Account.

        

        

        “2018-B Basic Documents” means (i) the
            Basic Documents, (ii) the 2018-B Servicing Supplement, (iii) the 2018-B Exchange Note Supplement, (iv) the Control Agreements, (v) the First-Tier Sale Agreement, (vi) the Second-Tier Sale Agreement, (vii) the Indenture, (viii) the 2018-B
            Administration Agreement, (ix) the Trust Agreement and (x) the Asset Representations Review Agreement.

        

        

        “2018-B Closing Date” means November
            20, 2018.

        

        

        “2018-B Collateral” has the meaning
            specified in the Granting Clause of the Indenture.

        

        

        
          A1-2

          
            

        

        “2018-B Collections” means, for any
            Payment Date and the related Collection Period, the net amount collected or received by the Servicer on or in respect of the 2018-B Leases and 2018-B Vehicles during or in respect of such Collection Period and transferred to the 2018-B Exchange
            Note Collection Account in respect of (i) Base Monthly Payments (including Payments Ahead when received) and any other payments under the 2018-B Leases, in each case excluding any Administrative Charges, (ii) Repurchase Payments, (iii) Net
            Liquidation Proceeds, (iv) Excess Mileage/Wear and Tear Fees, (v) proceeds of Dealer Recourse Rights, (vi) Pull Ahead Payments, (vii) Servicer Advances made by the Servicer and (viii) in the case of an optional termination pursuant to Section
            5.01 of the 2018-B Servicing Supplement, the price specified in such Section; provided, however, that 2018-B Collections shall not include (1) any amounts received with respect to a 2018-B Lease for which a Repurchase Payment was included in
            the Collections for any prior Collection Period and (2) any payments received on any 2018-B Lease to the extent that the Servicer has previously made a Servicer Advance with respect to such 2018-B Lease and is entitled to reimbursement from
            such payment.

        

        

        “2018-B Cutoff Date” means, with
            respect to the 2018-B Reference Pool, the close of business on September 30, 2018.

        

        

        “2018-B Cutoff Date Aggregate Securitization
                Value” means $1,202,354,911.01, the 2018-B Aggregate Securitization Value as of the 2018-B Cutoff Date.

        

        

        “2018-B Distribution Account” means
            the account designated as such pursuant to Section 4.01(a)(ii) of the 2018-B Servicing Supplement.

        

        

        “2018-B Exchange Note” means the note,
            substantially in the form set forth in Exhibit A to the 2018-B Exchange Note Supplement, duly executed and authenticated in accordance with the Basic Collateral Agency Agreement and the 2018-B Exchange Note Supplement.

        

        

        “2018-B Exchange Note Balance” means,
            as of any date, the 2018-B Exchange Note Initial Principal Balance, reduced by payments of principal made on or prior to such date on the 2018-B Exchange Note.

        

        

        “2018-B Exchange Note Collection Account”
            means the account designated as such pursuant to Section 4.01(a)(i) of the 2018-B Servicing Supplement.

        

        

        “2018-B Exchange Note Final Scheduled Payment
                Date” means July 15, 2024.

        

        

        “2018-B Exchange Note Initial Principal Balance”
            means $1,142,237,165.46, which is approximately 95% of the 2018-B Cutoff Date Aggregate Securitization Value.

        

        

        “2018-B Exchange Note Interest Distributable
                Amount” means, with respect to any Payment Date and the related 2018-B Exchange Note Interest Period, the amount equal to the sum of (i) the aggregate amount of interest accrued on the 2018-B Exchange Note Balance at the 2018-B
            Exchange Note Interest Rate for the related 2018-B Exchange Note Interest Period, plus (ii) the portion of the 2018-B Exchange Note Interest Distributable Amount, if any, that was not paid on any prior Payment Date plus interest on such unpaid
            amount, to the extent permissible by law, at the 2018-B Exchange Note Interest Rate.

        

        

        
          A1-3

          
            

        

        “2018-B Exchange Note Interest Period”
            means, with respect to the 2018-B Exchange Note and any Payment Date, the period from and including the 15th day of the month in which the preceding Payment Date
            occurred (or, in the case of the first Payment Date or if no interest has yet been paid, from and including the 2018-B Closing Date) to but excluding the 15th day
            of the month in which such Payment Date occurs.

        

        

        “2018-B Exchange Note Interest Rate”
            means a fixed rate of 3.32% per annum.

        

        

        “2018-B Exchange Note Issuance Date”
            means the 2018-B Closing Date.

        

        

        “2018-B Exchange Note Principal Distributable
                Amount” means, with respect to any Payment Date and the related Collection Period, the amount equal to the sum of (i) the difference between (a) the 2018-B Aggregate Securitization Value as of the close of business on the last
            day of the immediately preceding Collection Period, less (b) the 2018-B Aggregate Securitization Value as of the close of business on the last day of the related Collection Period, plus (ii) the portion of the 2018-B Exchange Note Principal
            Distributable Amount, if any, that was not paid on one or more prior Payment Dates; provided, that, for each Payment Date occurring on or after the Exchange Note Final Scheduled Payment Date, the 2018-B Exchange Note Distributable Payment
            Amount will equal the entire outstanding 2018-B Exchange Note Balance as of such Payment Date.

        

        

        “2018-B Exchange Note Purchase Date”
            means, with respect to the purchase of the 2018-B Exchange Note pursuant to Section 5.01 of the 2018-B Servicing Supplement, the Payment Date specified by the Servicer pursuant to such Section.

        

        

        “2018-B Exchange Note Purchase Price”
            means an amount equal to the 2018-B Exchange Note Balance as of the 2018-B Exchange Note Purchase Date, plus accrued and unpaid interest thereon.

        

        

        “2018-B Exchange Note Supplement”
            means the 2018-B Exchange Note Supplement to the Basic Collateral Agency Agreement, dated as of November 1, 2018, among the Borrower, the Administrative Agent, the Collateral Agent, the Lender, the Servicer and the Indenture Trustee.

        

        

        “2018-B Exchange Noteholder” means
            initially, MBFS USA and, after giving effect to the transactions contemplated by the First-Tier Sale Agreement and the Second-Tier Sale Agreement, the Issuer.

        

        

        “2018-B Lease” means a Lease
            identified as a “2018-B Lease” in the Schedule of 2018-B Reference Pool Assets and included in the 2018-B Reference Pool, excluding any Lease for which the Repurchase Payment has been paid by the Servicer pursuant to Section 3.05(a) of the
            2018-B Servicing Supplement.

        

        

        “2018-B Lease File” means, with
            respect to each 2018-B Lease, the related Lease File.

        

        

        “2018-B Reference Pool” means the
            Collateral Leases and Collateral Vehicles listed on the Schedule of 2018-B Reference Pool Assets.

        

        

        
          A1-4

          
            

        

        “2018-B Reference Pool Servicing Fee”
            means, with respect to any Collection Period, (i) the product of (a) one-twelfth of 1.00% (or, with respect to the first Payment Date, one-sixth of 1.00%) and (b) the 2018-B Exchange Note Balance of the first day of such Collection Period, plus
            (ii) the portion, if any, of the 2018-B Reference Pool Servicing Fee for one or more prior Collection Periods that has not been paid.

        

        

        “2018-B Reserve Account” means the
            account established pursuant to Section 4.01(a)(iii) of the 2018-B Servicing Supplement.

        

        

        “2018-B Reserve Account Draw Amount”
            means, for any Payment Date and the related Collection Period, the lesser of (i) the amount on deposit in the 2018-B Reserve Account and (ii) the 2018-B Available Funds Shortfall Amount; provided, however, that, if on the last day of such
            Collection Period the Note Balance is zero, the 2018-B Reserve Account Draw Amount for that Payment Date will equal the amount on deposit in and available for withdrawal from the 2018-B Reserve Account after giving effect to all deposits to and
            withdrawals from the 2018-B Reserve Account on the preceding Payment Date.

        

        

        “2018-B Secured Parties” means the
            Noteholders.

        

        

        “2018-B Servicing Agreement” means the
            Basic Servicing Agreement, as supplemented by the 2018-B Servicing Supplement.

        

        

        “2018-B Servicing Supplement” means
            the 2018-B Supplement to the Basic Servicing Agreement, dated as of November 1, 2018, among the Servicer, the Lender, the Titling Trust and the Collateral Agent.

        

        

        “2018-B Vehicle” means the new
            Mercedes-Benz passenger cars, sport utility vehicles and crossovers and smart automobiles allocated to the 2018-B Reference Pool.

        

        

        “ABS Control Agreement” means the
            2018-B Collateral Account Control Agreement, dated as of November 1, 2018, among the Issuer, the Indenture Trustee and U.S. Bank National Association, in its capacity as a securities intermediary.

        

        

        “Additional Servicing Fee” means, with
            respect to any Payment Date and the related Collection Period, if a Successor Servicer has been appointed pursuant to the 2018-B Servicing Agreement, the amount, if any, by which (i) the compensation payable to such Successor Servicer for such
            Collection Period exceeds (ii) the 2018-B Reference Pool Servicing Fee for such Collection Period.

        

        

        “Administrator” means MBFS USA, in its
            capacity as Administrator pursuant to the 2018-B Administration Agreement, and its successors in such capacity.

        

        

        “ADR Organization” means the American
            Arbitration Association or, if the American Arbitration Association no longer exists or if its ADR Rules would no longer permit mediation or arbitration, as applicable, of the dispute, another nationally recognized mediation or arbitration
            organization selected by the Servicer.

        

        

        
          A1-5

          
            

        

        “ADR Rules” means the relevant rules
            of the ADR Organization for mediation (including non-binding arbitration) or binding arbitration, as applicable, of commercial disputes in effect at the time of the mediation or arbitration.

        

        

        “Aggregate Scheduled Securitization Value”
            means, as of any date, the aggregate of the Scheduled Securitization Values of the 2018-B Leases as of such date.

        

        

        “ALG Current Residual Value” means,
            with respect to a 2018-B Lease, the expected wholesale value of the related 2018-B Vehicle at its Maturity Date based on a residual value estimate of Book 5 (September/October edition) provided by Automotive Lease Guide in October 2018.

        

        

        “ALG Residual Value” means, with
            respect to a 2018-B Lease, the expected wholesale value of a 2018-B Vehicle at its Maturity Date based on a residual value estimate provided by the Automobile Lease Guide at the time such 2018-B Lease was originated.

        

        

        “Applicable Anti-Money Laundering Law”
            means the Customer Identification Program requirements established under the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Title III of Pub. L. 107 56 (signed into law
            October 26, 2001) and its implementing regulations (collectively, USA PATRIOT Act), the Financial Crimes Enforcement Network’s (FinCEN) Customer Due Diligence Requirements and such other laws, rules, regulations and executive orders in effect
            from time to time applicable to banking institutions.

        

        

        “Asset Representations Review Agreement”
            means the Asset Representations Review Agreement, dated as of November 1, 2018, among the Issuer, the Servicer, the Administrator and the Asset Representations Reviewer.

        

        

        “Asset Representations Reviewer” means
            Clayton Fixed Income Services LLC, a Delaware limited liability company.

        

        

        “Authenticating Agent” has the meaning
            specified in the Indenture.

        

        

        “Authorized Officer” means (i) the
            “Authorized Officers” listed under the definition of the term “Authorized Officer” in Appendix A to the Collateral Agency Agreement; (ii) in the case of the Transferor, those individuals determined pursuant to Section 4.18(a) of the Transferor
            LLC Agreement; (iii) in the case of the Issuer or the Owner Trustee, any officer of the Owner Trustee or any agent acting pursuant to a power of attorney by the Issuer or the Owner Trustee who is authorized to act for the Issuer or the Owner
            Trustee in matters relating to the Issuer and who is identified on the list of Authorized Officers delivered by the Owner Trustee to the Indenture Trustee on the 2018-B Closing Date (as such list may be modified or supplemented from time to
            time thereafter) and, so long as the 2018-B Administration Agreement is in effect, any officer of the Administrator who is authorized to act for the Administrator in matters relating to the Issuer and to be acted upon by the Administrator
            pursuant to the 2018-B Administration Agreement and who is identified on the list of Authorized Officers delivered by the Administrator to the Indenture Trustee on the 2018-B Closing Date (as such list may be modified or supplemented from time
            to time thereafter); and (iv) in the case of the Indenture Trustee and the Note Registrar, any officer within the Corporate Trust Office of such Person, including any vice president, assistant vice president, assistant treasurer, assistant
            secretary or any other officer of such Person, customarily performing functions similar to those performed by any of the above designated and also, with respect to a particular matter, any other officer to whom such matter is referred because
            of such officer’s knowledge of and familiarity with the particular subject.

        

        

        
          A1-6

          
            

        

        “Base Residual Value” means, with
            respect to a 2018-B Lease, the lowest of the (i) Residual Value, (ii) the ALG Residual Value and (iii) the ALG Current Residual Value.

        

        

        “Benefit Plan” means (i) an “employee
            benefit plan”, as defined in Section 3(3) of ERISA, that is subject to Title I of ERISA, (ii) a “plan”, as defined in Section 4975(e)(1) of the Code, that is subject to Section 4975 of the Code or (iii) an entity whose underlying assets include
            “plan assets” by reason of such employee benefit plan’s or plan’s investment in the entity (within the meaning of Department of Labor Regulation 29 C.F.R. Section 2510.3-101, as modified by Section 3(42) of ERISA) or any governmental, church,
            non‐U.S. or other plan that is subject to a Similar Law.

        

        

        “Benefit Plan Investor” means (i) an
            “employee benefit plan”, as defined in Section 3(3) of ERISA, that is subject to Title I of ERISA, (ii) a “plan”, as defined in Section 4975(e)(1) of the Code, that is subject to Section 4975 of the Code or (iii) an entity whose underlying
            assets include “plan assets” by reason of such employee benefit plan’s or plan’s investment in the entity (within the meaning of Department of Labor Regulation 29 C.F.R. Section 2510.3-101, as modified by Section 3(42) of ERISA).

        

        

        “Book-Entry Notes” means a beneficial
            interest in the 2018-B ABS Notes, ownership and transfers of which shall be made through book entries by a Clearing Agency as described in Section 2.10 of the Indenture.

        

        

        “Business Day” means a day other than
            a Saturday, a Sunday or a day on which banking institutions or trust companies in the State of New York, the State of Delaware, the State of Michigan, the State of Illinois or the State of Minnesota, are authorized by law, regulation or
            executive order to be closed.

        

        

        “Certificate” means the Issuer’s Asset
            Backed Certificates issued pursuant to the Trust Agreement, substantially in the form of Exhibit B to the Trust Agreement.

        

        

        “Certificate Percentage Interest”
            means, with respect to a Certificate, the percentage specified on such Certificate as the Certificate Percentage Interest, which percentage represents the beneficial interest of the holder of such Certificate in the Issuer.  The initial
            Certificate Percentage Interest held by the Depositor shall be 100%.

        

        

        “Certificateholder” means the Person
            in whose name a Certificate is registered on the Certificate Register.

        

        

        “Certification Parties” means,
            collectively, the Certifying Person and the entity for which the Certifying Person acts as an officer, and such entity’s officers, directors and Affiliates.

        

        

        “Certifying Person” means an
            individual who signs the Sarbanes-Oxley Certification.

        

        

        
          A1-7

          
            

        

        “Class” means a group of Notes whose
            form is identical except for variation in denomination, principal amount or owner, and references to “each Class” thus mean each of the Class A-1 Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.

        

        

        “Class A Notes” means the Class A-1
            Notes, the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes, collectively.

        

        

        “Class A-1 Final Scheduled Payment Date”
            means November 15, 2019.

        

        

        “Class A-1 Interest Rate” means
            2.71642% per annum (computed on the basis of the actual number of days elapsed, but assuming a 360-day year).

        

        

        “Class A-1 Note Balance” means, as of
            any date, the Initial Class A-1 Note Balance reduced by all payments of principal made on or prior to such date on the Class A-1 Notes.

        

        

        “Class A-1 Notes” means the
            $234,000,000 aggregate principal amount of the Issuer’s 2.71642% Class A-1 Asset Backed Notes, issued pursuant to the Indenture.

        

        

        “Class A-2 Final Scheduled Payment Date”
            means December 15, 2020.

        

        

        “Class A-2 Notes” means the
            $345,000,000 aggregate principal amount of the Issuer’s 3.04% Class A-2 Asset Backed Notes, issued pursuant to the Indenture.

        

        

        “Class A-2 Interest Rate” means 3.04%
            per annum (computed on the basis of a 360-day year of twelve 30-day months).

        

        

        “Class A-2 Note Balance” means, as of
            any date, the Initial Class A-2 Note Balance reduced by all payments of principal made on or prior to such date on the Class A-2 Notes.

        

        

        “Class A-3 Final Scheduled Payment Date”
            means September 15, 2021.

        

        

        “Class A-3 Interest Rate” means 3.21%
            per annum (computed on the basis of a 360-day year of twelve 30-day months).

        

        

        “Class A-3 Note Balance” means, as of
            any date, the Initial Class A-3 Note Balance reduced by all payments of principal made on or prior to such date on the Class A-3 Notes.

        

        

        “Class A-3 Notes” means the
            $365,000,000 aggregate principal amount of the Issuer’s 3.21% Class A-3 Asset Backed Notes, issued pursuant to the Indenture.

        

        

        “Class A-4 Final Scheduled Payment Date”
            means July 15, 2024.

        

        

        “Class A-4 Interest Rate” means 3.31%
            per annum (computed on the basis of a 360-day year of twelve 30-day months).

        

        

        “Class A-4 Note Balance” means, as of
            any date, the Initial Class A-4 Note Balance reduced by all payments of principal made on or prior to such date on the Class A-4 Notes.

        

        

        
          A1-8

          
            

        

        “Class A-4 Notes” means the
            $90,020,000 aggregate principal amount the Issuer’s 3.31% Class A-4 Asset Backed Notes, issued pursuant to the Indenture.

        

        

        “Clearing Agency” means an
            organization registered as a “clearing agency” pursuant to Section 17A of the Exchange Act and shall initially be DTC.

        

        

        “Clearing Agency Participant” means a
            broker, dealer, bank or other financial institution or other Person for which from time to time a Clearing Agency effects book-entry transfers and pledges of securities deposited with the Clearing Agency.

        

        

        “Collection Period” means, with
            respect to any Payment Date, the immediately preceding calendar month (or, in the case of the first Collection Period, the period from but excluding the 2018-B Cutoff Date to and including the last day of the calendar month immediately
            preceding the calendar month in which the first Payment Date occurs).

        

        

        “Commission” means the Securities and
            Exchange Commission.

        

        

        “Control Agreements” means the ABS
            Control Agreement and the Titling Trust Control Agreement.

        

        

        “Corporate Trust Office” means, with
            respect to

        

        

        (i)          the Indenture
            Trustee and, for so long as the Indenture Trustee is the Note Registrar, the Note Registrar, the office of the Indenture Trustee at which its corporate trust business is administered, which on the 2018-B Closing Date is located at:

        

        

        U.S. Bank National Association

        190 S. LaSalle Street, Seventh Floor

        Chicago, Illinois  60603

        Attention: Structured Finance/MBALT 2018-B

        E-mail: melissa.rosal@usbank.com

        Telephone:  (312) 332-7496

        Fax:  (312) 332-7996

        

        

        or at such other address as each party may designate by notice to the Borrower, the Servicer and each Noteholder; and

        

        

        (ii)         the Owner
            Trustee, the office of the Owner Trustee at which its corporate trust business is administered, which on the 2018-B Closing Date is located at:

        

        

        Wilmington Trust, National Association

        Rodney Square North

        1100 North Market Street

        Wilmington, Delaware  19890

        Attention:  Corporate Trust Administration

        E-mail: cmay@wilmingtontrust.com

        Telephone:  (302) 636-6294

        Fax:  (302) 636-4140

        

        

        
          A1-9

          
            

        

        or at such other address as the Owner Trustee may designate by notice to the Indenture Trustee and the Transferor, or the
            principal corporate trust office of any successor Owner Trustee at the address designated by such successor Owner Trustee by notice to the Indenture Trustee and the Transferor.

        

        

        “Default” means any occurrence that
            with notice or the lapse of time or both would become an Event of Default.

        

        

        “Defaulted Lease” means any Lease with
            respect to which, at any time prior to its Maturity Date, (i) an amount equal to 10% or more of any related Base Monthly Payment remains unpaid for 120 days or more from the related Payment Due Date, (ii) such Lease has been identified by the
            Servicer as uncollectible, (iii) the related Vehicle has been repossessed and the related Lease has been terminated, (iv) such Lease has been written off by the Servicer in accordance with the Credit and Collection Policy for writing off lease
            contracts for leased vehicles other than with respect to repossessions or (v) in respect of which the Servicer’s records, in accordance with the Credit and Collection Policy, indicate that all Insurance Proceeds expected to be received have
            been received following a casualty or other loss with respect to the related Vehicle.

        

        

        “Definitive Note” means a definitive
            fully registered Note.

        

        

        “Delaware Secretary of State” means
            the Secretary of State of the State of Delaware.

        

        

        “Delaware Statutory Trust Act” means
            The Delaware Statutory Trust Act, 12 Del. C. §3801 et seq.

        

        

        “Delinquency Trigger” means, for any
            Collection Period, that the aggregate Securitization Value of Leases in the 2018-B Reference Pool that are more than 60 days Delinquent as a percentage of the aggregate Securitization Value of the Leases in the 2018-B Reference Pool as of the
            last day of the Collection Period exceeds 4.747%.

        

        

        “Delinquent” means a Lease on which
            10% or more of a scheduled payment required to be paid by the Lessee is more than two days past due.

        

        

        “Depository Agreement” means the
            agreement between the Issuer and DTC, as the initial Clearing Agency, dated as of the 2018-B Closing Date.

        

        

        “Determination Date” means, with
            respect to any Collection Period, two Business Days before the related Payment Date.

        

        

        “DTC” means The Depository Trust
            Company.

        

        

        “EDGAR” means the Commission’s
            Electronic Data Gathering, Analysis and Retrieval system.

        

        

        
          A1-10

          
            

        

        “Eligible Account” means a trust
            account (1) maintained with a depository institution or trust company (i)(a) the short-term unsecured debt obligations of which are rated in the highest short-term rating category (excluding any “+” signs associated with such rating) by each
            Rating Agency or (b) having corporate trust powers and a long-term unsecured debt rating that is rated “investment grade” by each Rating Agency (which, in the case of Fitch, so long as Fitch is a Rating Agency, rated at least “A”) and (ii)
            which is maintained in a segregated trust account in the corporate trust department of such depository institution or trust company or (2) maintained with the Securities Intermediary that is also the Indenture Trustee.

        

        

        “Eligible State” means, with respect
            to the Titling Trust, any State in which the Titling Trust is, if and to the extent required by Applicable Law, qualified, authorized and licensed to hold title or other evidence of the interest in leased vehicles.

        

        

        “Event of Default” has the meaning
            specified in Section 5.01 of the Indenture.

        

        

        “Exchange Act” means the Securities
            Exchange Act of 1934 and any regulations promulgated thereunder.

        

        

        “Exchange Act Reports” means any
            reports on Form 10-D, Form 8-K or Form 10-K required to be filed by the Transferor with respect to the Issuer under the Exchange Act.

        

        

        “Exchange Note Supplement” means the
            2018-B Exchange Note Supplement.

        

        

        “FICO®” means Fair Isaac & Co.

        

        

        “Final Scheduled Payment Date” means
            with respect to (i) the Class A‐1 Notes, the Class A‐1 Final Scheduled Payment Date, (ii) the Class A‐2 Notes, the Class A‐2 Final Scheduled Payment Date, (iii) the Class A-3 Notes, the Class A-3 Final Scheduled Payment Date and (iv) the Class
            A-4 Notes, the Class A-4 Final Scheduled Payment Date.

        

        

        “Fitch” means Fitch Ratings, Inc., or
            any successor that is a nationally recognized statistical rating organization.

        

        

        “First-Tier Assets” has the meaning
            specified in Section 2.01(a) of the First-Tier Sale Agreement.

        

        

        “First-Tier Sale Agreement” means the
            First-Tier Sale Agreement, dated as of November 1, 2018, between MBFS USA, as seller, and the Transferor, as purchaser.

        

        

        “Force Majeure” means any delay or
            failure in performance caused by acts beyond the Issuer’s reasonable control, including acts of God, war, vandalism, sabotage, accidents, fires, floods, strikes, labor disputes, mechanical breakdown, shortages or delays in obtaining suitable
            parts or equipment, material, labor, or transportation, acts of subcontractors, interruption of utility services, acts of any unit of government or governmental agency, or any similar cause.

        

        

        “Form 10-D Disclosure Item” means,
            with respect to any Person, any event specified in Part II of Schedule B to the 2018-B Exchange Note Supplement for which such Person is the responsible party, if such Person or in the case of the Owner Trustee or Indenture Trustee, a
            Responsible Officer of such Person, has actual knowledge of such event.

        

        

        
          A1-11

          
            

        

        “Form 10-K Disclosure Item” means,
            with respect to any Person, (i) any Form 10-D Disclosure Item and (ii) any additional items specified in Part III of Schedule B to the 2018-B Exchange Note Supplement for which such Person is the responsible party, or if such Person is the
            Indenture Trustee or the Owner Trustee, a Responsible Officer of such Person has actual knowledge of such event.

        

        

        “Grant” means mortgage, pledge,
            bargain, sell, warrant, alienate, remise, release, convey, assign, transfer, create and grant a lien upon and a security interest in and right of set-off or recoupment against, and to deposit, set over and confirm pursuant to any 2018-B Basic
            Document.  A Grant of the 2018-B Collateral or of any other agreement or instrument shall include all rights, powers and options (but none of the obligations) of the granting party thereunder, including the immediate and continuing right to
            claim for, collect, receive and give receipt for principal and interest payments in respect of the 2018-B Collateral and all other monies payable thereunder, to give and receive notices and other communications, to make waivers or other
            agreements, to exercise all rights and options, to bring Proceedings in the name of the granting party or otherwise, and generally to do and receive anything that the granting party is or may be entitled to do or receive thereunder or with
            respect thereto.

        

        

        “Indenture” means the Indenture, dated
            as of November 1, 2018, between the Issuer and the Indenture Trustee.

        

        

        “Indenture Trustee” means U.S. Bank,
            in its capacity as indenture trustee under the Indenture, and its successors in such capacity.

        

        

        “Independent” means, with respect to
            any Person, that such Person (i) is in fact independent of the Issuer, any other obligor on the Notes, the Transferor, the Servicer and any of their respective Affiliates, (ii) does not have any direct financial interest or any material
            indirect financial interest in the Issuer, any such other obligor, the Transferor, the Servicer or any of their respective Affiliates and (iii) is not connected with the Issuer, any such other obligor, the Transferor, the Servicer or any of
            their respective Affiliates as an officer, employee, promoter, underwriter, trustee, partner, director or individual or entity performing similar functions.

        

        

        “Independent Certificate” means a
            certificate or opinion to be delivered to the Indenture Trustee under the circumstances described in, and otherwise complying with, the applicable requirements of Section 11.01 of the Indenture, made by an Independent appraiser or other expert
            appointed by an Issuer Order and acceptable to the Indenture Trustee in the exercise of reasonable care, and such opinion or certificate shall state that the signer has read the definition of “Independent” and the signer is Independent within
            the meaning thereof.

        

        

        “Initial Class A-1 Note Balance” means
            $234,000,000.

        

        

        “Initial Class A-2 Note Balance” means
            $345,000,000.

        

        

        “Initial Class A-3 Note Balance” means
            $365,000,000.

        

        

        “Initial Class A-4 Note Balance” means
            $90,020,000.

        

        

        
          A1-12

          
            

        

        “Initial Note Balance” means, as the
            context may require, with respect to (i) all of the Notes, $1,034,020,000 or (ii) any Note, an amount equal to the Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial Class A-3 Note Balance or the Initial Class A-4
            Note Balance, as the case may be.

        

        

        “Insolvency Event” means, with respect
            to any Person, (i) the making of a general assignment for the benefit of creditors; (ii) the filing of a voluntary petition in bankruptcy; (iii) being adjudged as bankrupt or insolvent, or having had entered against such Person an order for
            relief in any bankruptcy or insolvency Proceeding; (iv) the filing by such Person of a petition or answer seeking reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any Insolvency Laws; (v)
            the filing by such Person of an answer or other pleading admitting or failing to contest the material allegations of a petition filed against such Person in any proceeding specified in clause (viii) below; (vi) the seeking, consenting to or
            acquiescing in the appointment of a trustee, receiver, liquidator or similar official of such Person or of all or any substantial part of the assets of such Person; (vii) the failure by such Person generally to pay its debts as such debts
            become due; (viii) the failure to obtain dismissal within 90 days of the commencement of any Proceeding against such Person seeking (a) reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under any
            statute, law or regulation or (b) the appointment of a trustee, liquidator, receiver or similar official, in each case of such Person or of such Person’s assets or any substantial portion thereof; and (ix) the taking of action by such Person in
            furtherance of any of the foregoing.  The foregoing definition of “Insolvency Event” is intended to replace and shall supersede and replace the definition of “Bankruptcy” set forth in Sections 18-101(1) and 18-304 of the Delaware Limited
            Liability Company Act.

        

        

        “Insolvency Laws” means the Bankruptcy
            Code and all other applicable liquidation, conservatorship, bankruptcy, moratorium, rearrangement, receivership, insolvency, reorganization, suspension of payments or similar debtor relief laws from time to time in effect affecting the rights
            of creditors generally.

        

        

        “Interest Distributable Amount” means,
            with respect to the 2018-B ABS Notes and any Payment Date and the related Interest Period, the sum of:

        

        

        (i)          the portion
            of the Interest Distributable Amount with respect to the immediately preceding Payment Date that was not paid on such date; plus

        

        

        (ii)         in the case
            of (a) the Class A-1 Notes, the product of (1) the Note Balance for the Class A-1 Notes as of the first day of such Interest Period, times (2) the Class A-1 Interest Rate, times (3) a fraction, (A) the numerator of which is the actual number of
            days in the related Interest Period and (B) the denominator of which is 360 or (b) the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes, the product of (1) the Note Balance for the related Class as of the first day of such Interest
            Period, times (2) the Interest Rate for such Class, times (3) a fraction, (A) the numerator of which is 30 (or, in the case of the first Payment Date, 25) and (B) the denominator of which is 360.

        

        

        
          A1-13

          
            

        

        “Interest Period” means, with respect
            to the 2018-B ABS Notes, with respect to any Payment Date and (i) the Class A-1 Notes, the period from and including the previous Payment Date (or, in the case of the first Payment Date or if no interest has yet been paid, from and including
            the 2018-B Closing Date) to, but excluding, such Payment Date and (ii) the Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes, the period from and including the 15th day of the month in which the preceding Payment Date occurred (or, in the case of the first Payment Date or if no interest has yet been paid, from and including the 2018-B Closing Date) to but excluding the 15th day of the month in which such Payment Date occurs.

        

        

        “Interest Rate” means the Class A-1
            Interest Rate, the Class A-2 Interest Rate,  the Class A-3 Interest Rate and the Class A-4 Interest Rate, as applicable.

        

        

        “Issuer” means Mercedes-Benz Auto
            Lease Trust 2018-B, a Delaware statutory trust.

        

        

        “Issuer Basic Documents” means the
            2018-B Basic Documents to which the Issuer is a party.

        

        

        “Issuer Obligations” means all amounts
            and obligations which the Issuer may at any time owe under the 2018-B Basic Documents, including to the Indenture Trustee for the benefit of the Noteholders under the Indenture or the other 2018-B Basic Documents.

        

        

        “Issuer Order” and “Issuer Request” means a written order of or request by the Issuer, signed by an Authorized Officer and delivered to the Indenture Trustee.

        

        

        “Item 1119 Party” means the
            Transferor, the Seller, the Servicer, the Indenture Trustee, the Owner Trustee, the Asset Representations Reviewer and any other material transaction party, as identified in Schedule A to the 2018-B Exchange Note Supplement.

        

        

         “Liquidated Lease” means, with respect to any Collection Period, a Lease (i) in respect of which the related Leased Vehicle was sold or otherwise disposed of by
            the Servicer following the scheduled or early termination of such Lease or (ii) that terminated more than 120 days prior to the end of such Collection Period and the related Leased Vehicle has not been sold or otherwise disposed of by the
            Servicer as of the end of such Collection Period.

        

        

         “Majority Noteholders” means, as of any date, the Holders of at least 51% of the Outstanding Amount of (i) the 2018-B ABS Notes or (ii) any Class of Notes, as
            indicated by the context.

        

        

        “MBFS USA” means Mercedes-Benz
            Financial Services USA LLC.

        

        

        “Monthly Investor Report” means, with
            respect to any Collection Period and the related Payment Date, a servicing report setting forth 2018-B Collections and certain other information regarding the 2018-B Reference Pool received during or in respect of such Collection Period and the
            payments due on such Payment Date with respect to the 2018-B Exchange Note and the 2018-B ABS Notes, in substantially the form of Exhibit C to the 2018-B Servicing Supplement.

        

        

        “Monthly Remittance Condition” means
            that (i) MBFS USA is the Servicer and is a direct or indirect wholly owned subsidiary of Daimler AG, (ii) there exists no Servicer Event of Default and (iii) Daimler AG’s and MBFS USA’s short-term unsecured debt is rated in the highest
            short-term rating category (excluding any “+” signs associated with such rating) by each Rating Agency.

        

        

        
          A1-14

          
            

        

        “Note Balance” means, as of any date,
            the sum of the Class A-1 Note Balance, the Class A-2 Note Balance, the Class A-3 Note Balance and the Class A-4 Note Balance.

        

        

        “Note Factor” means, with respect to
            each Class of 2018-B ABS Notes on any Payment Date, the four or more digit decimal equivalent of a fraction the numerator of which is the Outstanding Amount of such Class of 2018-B ABS Notes on such Payment Date (after giving effect to any
            payment of principal on such Payment Date) and the denominator of which is the Initial Class A-1 Note Balance, the Initial Class A-2 Note Balance, the Initial Class A-3 Note Balance or the Initial Class A-4 Note Balance, as applicable.

        

        

        “Note Owner” means, with respect to
            any Book-Entry Note, the Person who is the beneficial owner of such Book-Entry Note, as reflected on the books of the Clearing Agency or on the books of a Person maintaining an account with such Clearing Agency (directly as a Clearing Agency
            Participant or as an indirect participant, in each case in accordance with the rules of such Clearing Agency).

        

        

        “Note Paying Agent” means the
            Indenture Trustee or any other Person that meets the eligibility standards for the Indenture Trustee specified in Section 6.11 of the Indenture and is authorized by the Issuer to make payments to and distributions from the 2018-B Distribution
            Account, including payments of principal of or interest on the 2018-B ABS Notes on behalf of the Issuer.

        

        

        “Note Redemption Price” means, an
            amount equal to the sum of (i) the Note Balance as of the Redemption Date, (ii) the Interest Distributable Amount payable on the Payment Date on which the redemption occurs and (iii) all Issuer Obligations.

        

        

        “Note Register” and “Note Registrar” have the meanings specified in Section 2.05(a) of the Indenture.

        

        

        “Noteholder” or “Holder” means, as of any date, the Person in whose name a 2018-B ABS Note is registered on the Note Register on the applicable Record Date.

        

        

        “Notes” means the Class A-1 Notes, the
            Class A-2 Notes, the Class A-3 Notes and the Class A-4 Notes.

        

        

        “Officer’s Certificate” means, with
            respect to (i) the Servicer, the Transferor or the Administrator, a certificate signed by the chairman of the board, the president, any executive vice president, any vice president, the treasurer, any assistant treasurer, the secretary, any
            assistant secretary or the controller of the Servicer, the Transferor or the Administrator, as the case may be, and (ii) the Issuer or the Owner Trustee, a certificate signed by any Authorized Officer of the Issuer or the Owner Trustee, under
            the circumstances described in, and otherwise complying with, Section 11.01 of the Indenture, and delivered to the Indenture Trustee.  Unless otherwise specified by the context, any reference in the Indenture to an Officer’s Certificate shall
            be to an Officer’s Certificate of the Issuer.

        

        

        
          A1-15

          
            

        

        “Opinion of Counsel” means a written
            opinion of counsel who may, except as otherwise provided in the 2018-B Basic Documents, be employees of or counsel to the Issuer, either Trustee, the Servicer or any of their respective Affiliates and, in the case of an opinion of counsel to be
            delivered to a party to the 2018-B Basic Documents or another entity (i) is delivered by counsel reasonably acceptable to the related recipient and (ii) is addressed to the related recipient.

        

        

        “Outstanding” means, as of any date,
            all 2018-B ABS Notes authenticated and delivered under the Indenture on or before such date except:

        

        

        (i)          2018-B ABS
            Notes that have been cancelled by the Note Registrar or delivered to the Note Registrar for cancellation;

        

        

        (ii)         2018-B ABS
            Notes to the extent an amount necessary to pay all or such portion of such 2018-B ABS Notes has been deposited with the Indenture Trustee or any Note Paying Agent in trust for the Noteholders of such 2018-B ABS Notes on or before such date;
            provided that if such 2018-B ABS Notes are to be redeemed, notice of such redemption has been duly given pursuant to the Indenture or provision for such notice has been made, satisfactory to the Indenture Trustee; and

        

        

        (iii)        2018-B ABS
            Notes in exchange for or in lieu of which other 2018-B ABS Notes have been authenticated and delivered pursuant to the Indenture unless proof satisfactory to the Indenture Trustee is presented that a Protected Purchaser holds any such 2018-B
            ABS Notes;

        

        

        provided that in determining whether (a) the Noteholders of 2018-B ABS Notes evidencing the requisite Note Balance have given any request,
            demand, authorization, direction, notice, consent, or waiver under any 2018-B Basic Document, 2018-B ABS Notes owned by the Issuer, the Transferor, the Servicer or any of their respective Affiliates will be disregarded and deemed not to be
            Outstanding and (b) the Indenture Trustee is protected in relying on any such request, demand, authorization, direction, notice, consent or waiver, only 2018-B ABS Notes that an Authorized Officer of the Indenture Trustee knows to be so owned
            will be disregarded and deemed not to be Outstanding; and, provided, further, that, notwithstanding the foregoing,  Notes owned by the Issuer, the Transferor, the Servicer or any of their respective Affiliates will be treated as Outstanding if
            no other Notes remain Outstanding.

        

        

        “Outstanding Amount” means, as of any
            date, the Note Balance of all Outstanding 2018-B ABS Notes.

        

        

        “Outstanding Balance” means, with
            respect to a 2018-B Lease, the Securitization Value of such 2018-B Lease as of the 2018-B Cutoff Date less the principal portion of all payments made in respect of such 2018-B Lease since the 2018-B Cutoff Date.

        

        

        “Owner Trustee” means Wilmington
            Trust, solely in its capacity as owner trustee under the Trust Agreement and not in its individual capacity, and any successor in such capacity.

        

        

        “Paying Agent” means the Indenture
            Trustee or any other Person appointed as such pursuant to Section 3.11 of the Trust Agreement.

        

        

        
          A1-16

          
            

        

        “Payment Date” means, with respect to
            the 2018-B Exchange Note and the 2018-B ABS Notes, the 15th day of each calendar month, or, if such day is not a Business Day, the next Business Day, beginning
            December 17, 2018.

        

        

        “PBGC” means the Pension Benefit
            Guaranty Corporation.

        

        

        “Performance Certification” means each
            certification delivered to the Certifying Person pursuant to Article Seven of the 2018-B Exchange Note Supplement.

        

        

        “Permitted Investments” means, with
            respect to any 2018-B Bank Account, book-entry securities, negotiable instruments or securities represented by instruments in bearer or registered form with maturities not exceeding the Deposit Date relating to the next Payment Date that
            evidence:

        

        

         (i)         direct
            obligations of, and obligations fully guaranteed as to timely payment by, the United States or its agencies;

        

        

         (ii)        demand
            deposits, time deposits, certificates of deposit or bankers’ acceptances of any depository institution or trust company (a) incorporated under the laws of the United States, any State or any United States branch of a foreign bank, (b) subject
            to supervision and examination by federal or State banking or depository institution authorities and (c) at the time of the investment or contractual commitment to invest therein, the commercial paper or other short-term unsecured debt
            obligations (other than such obligations the rating of which is based on the credit of a Person other than such depository institution or trust company) of which have the Required Rating;

        

        

         (iii)       commercial
            paper, including asset-backed commercial paper, having, at the time of the investment or contractual commitment to invest therein, the Required Rating;

        

        

         (iv)       investments
            in money market funds having, at the time of the investment or contractual commitment to invest therein, (a) a rating from each Rating Agency in the highest investment category granted thereby, which, in the case of Fitch (so long as Fitch is a
            Rating Agency), shall be at least “AAAmmf”, or (b) if not rated by Fitch (so long as Fitch is a Rating Agency), a rating in the highest investment category from at least one Rating Agency and one other nationally recognized rating organization
            that rates such investment; and

        

        

         (v)        repurchase
            obligations with respect to any security that is a direct non-callable obligation of, or fully guaranteed by, the United States or any agency or instrumentality thereof the obligations of which are backed by the full faith and credit of the
            United States, in either case entered into with a depository institution or trust company (acting as principal) described in clause (ii) above.

        

        

        
          A1-17

          
            

        

        Notwithstanding the foregoing, (a) except as otherwise provided in the 2018-B Servicing Supplement, each of the foregoing
            obligations, instruments and securities shall mature no later than the Business Day immediately preceding the date on which such funds are required to be available for application pursuant to any related 2018-B Basic Document (other than in the
            case of the investment of monies in obligations, instruments or securities of which the entity at which the related 2018-B Bank Account is located is the obligor, which may mature on such date), and shall be held to such maturity, (b) no
            Permitted Investment may be purchased at a premium, (c) no obligation or security may be a Permitted Investment unless (1) the Titling Trustee has Control over such obligation or security and (2) at the time such obligation or security was
            delivered to the Titling Trustee or the Titling Trustee or the Security Trustee became the related Entitlement Holder, such entity did not have notice of any adverse claim with respect thereto within the meaning of Section 8-105 of the UCC and
            (d) any reference to the highest available credit rating of an obligation shall exclude any “+” signs associated with such rating.

        

        

        “Personally Identifiable Information”
            has the meaning set forth in the Asset Representations Review Agreement.

        

        

        “Predecessor Note” means, with respect
            to any particular Note, every previous Note evidencing all or a portion of the same debt as that evidenced by such particular Note; and, for the purpose of this definition, any Note authenticated and delivered under Section 2.06 of the
            Indenture in lieu of a mutilated, lost, destroyed or stolen Note shall be deemed to evidence the same debt as the mutilated, lost, destroyed or stolen Note.

        

        

        “Principal Distribution Amount” means,
            for any Payment Date, to the extent of funds available for payment, the sum of the Priority Principal Distribution Amount and the Regular Principal Distribution Amount, not to exceed the outstanding Note Balance.

        

        

        “Priority Principal Distribution Amount”
            means, with respect to any Payment Date, an amount not less than zero, equal to (i) the Outstanding Amount of the Notes as of the preceding Payment Date (after giving effect to any principal payments made on the Notes on such preceding Payment
            Date) or, in the case of the first Payment Date, the Initial Note Balance, minus (ii) the 2018-B Aggregate Securitization Value at the end of the related Collection Period; provided, however, that the Priority Principal Distribution Amount on
            and after the Final Scheduled Payment Date of any Class of the Notes will not be less than the amount that is necessary to reduce the Note Balance of that Class of Notes to zero.

        

        

        “Provided Information” means, with
            respect to (i) the Indenture Trustee, the Servicing Criteria Assessment provided under Section 7.05 of the 2018-B Exchange Note Supplement by or on behalf of the Indenture Trustee, and (ii) the Servicer, the information provided pursuant to
            Sections 6.03 and 6.04 of the 2018-B Servicing Supplement by or on behalf of the Servicer.

        

        

        “Rating Agency” means each of Standard
            & Poor’s and Fitch; provided, however, that if either of Standard & Poor’s or Fitch ceases to exist, Rating Agency shall mean any nationally recognized statistical rating organization or other comparable Person designated by the Issuer
            to replace such Person, written notice of which designation shall have been given to the Transferor, the Servicer and the Trustees.

        

        

        “Rating Agency Condition” means, with
            respect to any action, and each Rating Agency, either (i) written confirmation by that Rating Agency that such action will not cause such Rating Agency to qualify, reduce or withdraw any of its then-current ratings assigned to the Notes or (ii)
            that such Rating Agency has been given at least ten days’ prior written notice of such action and such Rating Agency has not issued any written notice that such action would cause such Rating Agency to qualify, reduce or withdraw any of its
            then-current ratings assigned to the Notes.

        

        

        
          A1-18

          
            

        

        “Reallocation Request” means a request
            by a Requesting Party to the Servicer to purchase and reallocate a 2018-B Lease and related 2018-B Vehicle due to an alleged breach of a representation and warranty set forth in Section 3.03 of the Servicing Supplement.

        

        

        “Record Date” means, with respect to a
            Payment Date or Redemption Date, the close of business on the day immediately preceding such Payment Date or Redemption Date; provided, however, that if Definitive Notes have been issued pursuant to the Indenture, Record Date shall mean, with
            respect to the 2018-B ABS Notes and any Payment Date or Redemption Date, the last day of the preceding Collection Period.

        

        

        “Redemption Date” means, with respect
            to the redemption of the 2018-B ABS Notes pursuant to Section 10.01 of the Indenture, the Payment Date specified by the Servicer pursuant to such Section.

        

        

        “Registered Holder” means the Person
            in whose name a Note is registered on the Note Register on the applicable Record Date.

        

        

        “Registered Pledgee” means, with
            respect to the 2018-B Exchange Note, the Person listed in the Exchange Note Register as the registered pledgee of the 2018-B Exchange Note.

        

        

        “Regular Principal Distribution Amount”
            means, with respect to any Payment Date, an amount not less than zero, equal to (i) the excess, if any, of (a) the Outstanding Amount of the Notes as of the preceding Payment Date (after giving effect to any principal payments made on the Notes
            on such preceding Payment Date) or, in the case of the first Payment Date, the Initial Note Balance, minus (b) the 2018-B Aggregate Securitization Value as of the last day of the related Collection Period minus the Target Overcollateralization
            Amount minus (ii) the Priority Principal Distribution Amount, if any, with respect to such Payment Date.

        

        

        “Regulation AB” means subpart 229.1100
            – Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1125, subject to such clarification and interpretation as has been provided by the Commission in the adopting release (Asset-Backed Securities, Securities Act Release No.
            33-8518, 70 Fed. Reg. 1,506, 1,531 (Jan. 7, 2005)) or by the staff of the Commission, or as may be provided by the Commission or its staff from time to time.

        

        

        “Regulation RR” means Regulation RR
            under the Exchange Act.

        

        

        “Reportable Event” means any event
            required to be reported on Form 8-K, including each event specified on Part IV of Schedule B of the 2018-B Exchange Note Supplement (i) for which such Person is the responsible party and (ii) of which such Person (or in the case of the
            Indenture Trustee, as Responsible Officer of such Person) has actual knowledge.

        

        

        “Representatives” means J.P. Morgan
            Securities LLC, Credit Agricole Securities (USA) Inc. and Mizuho Securities USA LLC, each in its capacity as representative of the underwriters named in the Underwriting Agreement.

        

        

        
          A1-19

          
            

        

        “Repurchase Payment” means, with
            respect to a 2018-B Lease and the related 2018-B Vehicle required to be purchased by the Servicer pursuant to Section 3.05(a) of the 2018-B Servicing Supplement, the Outstanding Balance of such 2018-B Lease plus any accrued but unpaid interest
            thereon.

        

        

        “Requesting Party” means the Issuer, the Owner Trustee, the Indenture Trustee (acting at the direction of the Noteholders or Note Owners in accordance with Section 3.11(a) of the 2018-B Servicing Supplement), any
              Noteholder or a Note Owner who provides to the requested party a written certification stating that the Note Owner is a beneficial owner of a Note, together with
              supporting documentation such as a trade confirmation, an account statement, a letter from a broker or dealer verifying ownership or another similar document evidencing ownership of a Note, in each case reasonably satisfactory to the
              requested party.

        

        

        “Required Reserve Amount” means, (i)
            $3,005,887.28 (i.e., 0.25% of the 2018-B Cutoff Date Aggregate Securitization Value) or (ii) on any Payment Date occurring on or after the date
            on which the Outstanding Amount of the Notes has been reduced to zero, zero; provided that the Required Reserve Amount may not be greater than the Note Balance of the Notes.

        

        

        “Reserve Initial Deposit” means, with
            respect to the 2018-B Reserve Account, $3,005,887.28 (i.e., 0.25% of the 2018-B Cutoff Date Aggregate Securitization Value).

        

        

        “Responsible Officer” means any
            officer of the Indenture Trustee within the Corporate Trust Office, including any Vice President, Assistant Vice President, Assistant Treasurer or Assistant Secretary or any other officer of the Indenture Trustee customarily performing
            functions similar to those performed by any of the above-designated officers and also, with respect to a particular matter, any other officer to whom such matter is referred because of such officer’s knowledge of and familiarity with the
            particular subject, in each case having direct responsibility for the administration of the Indenture.

        

        

        “Review” has the meaning stated in the
            Asset Representations Review Agreement.

        

        

        “Review Assets” has the meaning stated
            in the Asset Representations Review Agreement and Section 3.10(c) of the Servicing Supplement.

        

        

        “Review Notice” has the meaning stated
            in the Asset Representations Review Agreement.

        

        

        “Review Report” has the meaning stated
            in the Asset Representations Review Agreement.

        

        

        “Sarbanes-Oxley Act” means the
            Sarbanes-Oxley Act of 2002.

        

        

        “Sarbanes-Oxley Certification” means
            the certification concerning the Issuer, to be signed by an officer of the Servicer or the Transferor and submitted to the Commission pursuant to the Sarbanes-Oxley Act.

        

        

        
          A1-20

          
            

        

        “Schedule of 2018-B Reference Pool Assets”
            means the Schedule of 2018-B Reference Pool Assets appearing as Exhibit B to the 2018-B Exchange Note Supplement and Exhibit A to the 2018-B Servicing Supplement.

        

        

        “Scheduled Securitization Value”
            means, with respect to any 2018-B Lease and any Collection Period:

        

        

        (i)          if such
            2018-B Lease is not covered by clauses (ii) and (iii) below, as of the close of business on the last day of such Collection Period, the sum of the present values of (a) all scheduled remaining Base Monthly Payments due under that 2018-B Lease
            and (b) the Base Residual Value, in each case discounted by using the related Securitization Rate;

        

        

        (ii)         if such
            2018-B Lease became a Defaulted Lease during or prior to such Collection Period, zero; and

        

        

        (iii)        if such
            2018-B Lease became a Liquidated Lease, Extended Lease or a 2018-B Lease purchased by the Servicer pursuant to Section 3.05(a) of the 2018-B Servicing Supplement prior to such Collection Period, zero.

        

        

        “Second-Tier Assets” has the meaning
            specified in Section 2.01(a) of the Second-Tier Sale Agreement.

        

        

        “Second-Tier Sale Agreement” means the
            Second-Tier Sale Agreement, dated as of November 1, 2018, between the Transferor, as seller, and the Issuer, as purchaser.

        

        

        “Securities” means the 2018-B ABS
            Notes and the Certificates.

        

        

        “Securities Act” means the Securities
            Act of 1933, 15 U.S.C. 77a et seq., and any regulations promulgated thereunder.

        

        

        “Securities Intermediary” has the
            meaning specified in Section 1.01 of the ABS Control Agreement.

        

        

        “Securitization Rate” means, for any
            2018-B Lease and the related 2018-B Vehicle, the greater of (i) the Contract Rate set forth in the related lease agreement and (ii) 8.70%.

        

        

        “Securitization Transaction” means any
            transaction involving a sale or other transfer of Leases and Leased Vehicles directly or indirectly to an issuing entity in connection with the issuance of publicly offered or privately placed rated or unrated asset-backed securities.

        

        

        “Securitization Value” means, with
            respect to any 2018-B Lease:

        

        

        (i)          for each
            2018-B Lease as of the 2018-B Cutoff Date, the sum of the present values of (a) all remaining Base Monthly Payments due under that 2018-B Lease and (b) the Base Residual Value, in each case discounted by using the related Securitization Rate;

        

        

        
          A1-21

          
            

        

        (ii)         for each
            2018-B Lease that was not or did not become a Defaulted Lease or a Liquidated Lease as of the last day of any Collection Period, the Securitization Value of such 2018-B Lease as of the 2018-B Cutoff Date, less the principal portion of all
            payments made in respect of such 2018-B Lease since the 2018-B Cutoff Date;

        

        

        (iii)        for which
            the related 2018-B Vehicle was repurchased by the Servicer during or prior to the Collection Period before its Maturity Date occurred, zero; and

        

        

        (iv)       that became a
            Liquidated Lease or a Defaulted Lease during or prior to the Collection Period before its Maturity Date occurred, zero.

        

        

        “Securityholder” means any Noteholder
            or Certificateholder, as applicable.

        

        

        “Servicer Event of Default” means any
            of the Exchange Note Servicer Events of Default set forth in Section 7.01(a) of the 2018-B Servicing Supplement.

        

        

        “Servicing Criteria” means the
            “servicing criteria” set forth in Item 1122(d) of Regulation AB.

        

        

        “Servicing Criteria Assessment” means
            a report of the Indenture Trustee’s assessment of compliance with the Servicing Criteria pursuant to Section 7.05 of the 2018-B Exchange Note Supplement during the immediately preceding calendar year, as set forth under Rules 13a-18 and 15d-18
            of the Exchange Act and Item 1122 of Regulation AB.

        

        

        “Servicing Supplement” means the
            2018-B Servicing Supplement.

        

        

        “Similar Law” means any federal,
            State, local or non-U.S. law that is substantially similar to the prohibited transaction provisions of Section 406 of ERISA or Section 4975 of the Code.

        

        

        “Standard & Poor’s” means S&P
            Global Ratings, a Standard & Poor’s Financial Services LLC business.

        

        

         “Successor Servicer” means any entity
            appointed as a successor to the Servicer pursuant the 2018-B Servicing Agreement.

        

        

        “Target Overcollateralization Amount”
            means, with respect to any Payment Date, 15.25% of the 2018-B Cutoff Date Aggregate Securitization Value.

        

        

        “Test Fail” has the meaning stated in
            the Asset Representations Review Agreement.

        

        

        “Titling Trust Agreement” means the
            amended and restated titling trust agreement, dated as of April 1, 2008, as amended by the amendment to the titling trust agreement, dated as of March 1, 2009, in each case among the Titling Trust Administrator, the Initial Beneficiary and the
            Titling Trustee.

        

        

        “Titling Trust Control Agreement”
            means the Titling Trust Account Control Agreement, dated as of November 1, 2018, among the Titling Trust, the Indenture Trustee and U.S. Bank National Association, in its capacity as a securities intermediary.

        

        

        
          A1-22

          
            

        

        “Transferor” means Daimler Trust
            Leasing LLC, a Delaware limited liability company.

        

        

        “Transition Costs” means the
            reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise),
            including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Lease Files or any amendment to the 2018-B Servicing Agreement required in connection with the transfer of servicing.

        

        

        “Trust Agreement” means the Amended
            and Restated Trust Agreement, dated as of November 1, 2018, between the Transferor and the Owner Trustee.

        

        

        “Trust Estate” has the meaning
            specified in the Indenture.

        

        

        “Trust Indenture Act” or “TIA” means the Trust Indenture Act of 1939 as in force on the Closing Date, unless otherwise specifically provided in the Indenture.

        

        

        “Trustees” means the Indenture Trustee
            and the Owner Trustee.

        

        

        “Underwriting Agreement” means the
            Underwriting Agreement, dated November 15, 2018, among the Transferor, MBFS USA and the Representatives.

        

        

        “United States” or “U.S.” means the United States of America.

        

        

        “U.S. Bank” means U.S. Bank National
            Association.

        

        

        “U.S. Bank Trust” means U.S. Bank
            Trust National Association.

        

        

        “Wilmington Trust” means Wilmington
            Trust, National Association.

      

      

      

      

    

    
      A1-23Exhibit 10.5

    

     

    

    
      MERCEDES-BENZ AUTO LEASE TRUST 2018-B,

      as Issuer,

      

      

      MERCEDES-BENZ FINANCIAL SERVICES USA LLC,

      as Servicer and Administrator,

      

      

      and

      

      

      CLAYTON FIXED INCOME SERVICES LLC,

      as Asset Representations Reviewer

      

        

      

      

      ASSET REPRESENTATIONS

      

      

      REVIEW AGREEMENT

      Dated as of November 1, 2018

      

        

      

      

      
        
          

      

      
      TABLE OF CONTENTS

       

        

      	 	
              Page

            
	 	 
	
              ARTICLE One

            	 
	
              USAGE AND DEFINITIONS

            	 
	 	 
	
              Section 1.01. Capitalized Terms; Rules of Usage

            	
              1

            
	 	 
	
              ARTICLE Two

            	 
	
              ENGAGEMENT; ACCEPTANCE

            	 
	 	 
	
              Section 2.01. Engagement; Acceptance

            	
              4

            
	
              Section 2.02. Confirmation of Status

            	
              4

            
	 	 
	
              ARTICLE Three

            	 
	
              ASSET REPRESENTATIONS REVIEW PROCESS

            	 
	 	 
	
              Section 3.01. Review Notices and Identification of Review Assets

            	
              4

            
	
              Section 3.02. Review Materials

            	
              4

            
	
              Section 3.03. Performance of Reviews

            	
              5

            
	
              Section 3.04. Review Report

            	
              5

            
	
              Section 3.05. Review Representatives

            	
              6

            
	
              Section 3.06. Dispute Resolution

            	
              6

            
	
              Section 3.07. Limitations on Review Obligations

            	
              6

            
	 	 
	
              ARTICLE Four

            	 
	
              ASSET REPRESENTATIONS REVIEWER

            	 
	 	 
	
              Section 4.01. Representations and Warranties of the Asset Representations Reviewer

            	
              7

            
	
              Section 4.02. Covenants

            	
              8

            
	
              Section 4.03. Fees and Expenses

            	
              8

            
	
              Section 4.04. Limitation on Liability

            	
              10

            
	
              Section 4.05. Indemnification by Asset Representations Reviewer

            	
              10

            
	
              Section 4.06. Indemnification of Asset Representations Reviewer

            	
              10

            
	
              Section 4.07. Inspections of Asset Representations Reviewer

            	
              11

            
	
              Section 4.08. Delegation of Obligations

            	
              11

            
	
              Section 4.09. Confidential Information

            	
              11

            
	
              Section 4.10. Personally Identifiable Information

            	
              12

            
	 	 
	
              ARTICLE Five

            	 
	
              REMOVAL, RESIGNATION

            	 
	 	 
	
              Section 5.01. Eligibility of the Asset Representations Reviewer

            	
              14

            
	
              Section 5.02. Resignation and Removal of Asset Representations Reviewer

            	
              14

            
	
              Section 5.03. Successor Asset Representations Reviewer

            	
              15

            
	
              Section 5.04. Merger, Consolidation or Succession

            	
              16

            
	 	 
	
              ARTICLE Six

            	 
	
              OTHER AGREEMENTS

            	 
	 	 
	
              Section 6.01. Independence of the Asset Representations Reviewer

            	
              16

            

      

      

      
        i

        
          

      

      	
              Section 6.02. No Petition

            	
              16

            
	
              Section 6.03. Limitation of Liability of Owner Trustee

            	
              16

            
	
              Section 6.04. Termination of Agreement

            	
              17

            
	 	 
	
              ARTICLE Seven

            	 
	
              MISCELLANEOUS PROVISIONS

            	 
	 	 
	
              Section 7.01. Amendments

            	
              17

            
	
              Section 7.02. Assignment; Benefit of Agreement; Third Party Beneficiaries

            	
              17

            
	
              Section 7.03. Notices

            	
              18

            
	
              Section 7.04. GOVERNING LAW

            	
              19

            
	
              Section 7.05. WAIVER OF JURY TRIAL

            	
              19

            
	
              Section 7.06. No Waiver; Remedies

            	
              19

            
	
              Section 7.07. Severability

            	
              19

            
	
              Section 7.08. Table of Contents and Headings

            	
              19

            
	
              Section 7.09. Counterparts

            	
              19

            
	
              Schedule A – Representations and Warranties, Review Materials and Tests

            	
              SA-1

            

      

      

      
        ii

        
          

      

      This ASSET REPRESENTATIONS REVIEW AGREEMENT, dated as of November 1, 2018 (as amended, restated, supplemented or otherwise modified from
          time to time, this “Agreement”), is among MERCEDES-BENZ AUTO LEASE TRUST 2018-B, a Delaware statutory trust (the “Issuer”), MERCEDES-BENZ FINANCIAL SERVICES USA LLC, a Delaware limited liability company, as servicer and administrator (in such
          capacities, the “Servicer” and the “Administrator”, respectively) and CLAYTON FIXED INCOME SERVICES LLC, a Delaware limited liability company, (the “Asset Representations Reviewer”).

      

      

      RECITALS

      

      

      WHEREAS, the Issuer will engage the Asset Representations Reviewer to perform a review of certain motor vehicle leases and leased
          vehicles for compliance with certain representations and warranties made with respect thereto; and

      

      

      WHEREAS, the Asset Representations Reviewer desires to perform such review in accordance with the terms of this Agreement.

      

      

      NOW, THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt and sufficiency of which are
          hereby acknowledged, the parties hereto agree as follows:

      

      

      ARTICLE ONE

      

      

      USAGE AND DEFINITIONS

      

      

      Section 1.01.  Capitalized Terms; Rules of Usage.  Capitalized

          terms used in this Agreement that are not otherwise defined shall have the meanings ascribed thereto in Appendix 1 to the 2018-B Servicing Supplement or, if not defined therein, in Appendix A to the Basic Collateral Agency Agreement, which
          Appendices are hereby incorporated into and made a part of this Agreement.  Appendix 1 also contains rules of usage applicable to this Agreement.  Whenever used herein, unless the context otherwise requires, the following words and phrases shall
          have the respective meanings set forth below for all purposes of this Agreement.  In the event of any conflict between a definition appearing below and any other 2018-B Basic Document, the definition appearing below shall control for purposes of
          this Agreement.

      

      

      “2018-B Servicing Supplement” means the 2018-B Servicing
          Supplement, dated as of January 1, 2018, to the Basic Servicing Agreement, among the Servicer, MBFS USA, as Lender, Daimler Trust, as titling trust, and Daimler Title Co., as collateral agent.

      

      

      “Annual Fee” has the meaning stated in Section 4.03(a).

      

      

      “Annual Period” means each annual period commencing on the
          2018-B Closing Date, in the case of the first such period, and otherwise on the most recent anniversary of the 2018-B Closing Date and ending on the next anniversary of the 2018-B Closing Date.

      

      

      “ARR Indemnified Person” means each of the Asset
          Representations Reviewer and its officers, directors, employees and agents.

      

      

      
        
          

      

      
      “Basic Collateral Agency Agreement” means the Amended and
          Restated Basic Collateral Agency Agreement, dated as of March 1, 2009, among Daimler Trust, the Administrative Agent, Daimler Title Co., as collateral agent, and MBFS USA, as lender and as servicer.

      

      

      “Confidential Information” means oral, written and
          electronic materials (irrespective of its source or form of communication) furnished before, on or after the date of this Agreement to the Asset Representations Reviewer for the purposes contemplated by this Agreement, including (i) lists of
          Review Assets and any related Review Materials, (ii) origination and servicing guidelines, policies and procedures, and form contracts and (iii) notes, analyses, compilations, studies or other documents or records prepared by the Servicer, which
          contain information supplied by or on behalf of the Servicer or its representatives; provided,   that Confidential Information will not include information that (a) is or becomes generally available to the public other than as a result of
          disclosure by the Information Recipients, (b) was available to, or becomes available to, the Information Recipients on a non-confidential basis from a Person or entity other than the Issuer or the Servicer before its disclosure to the Information
          Recipients who, to the knowledge of the Information Recipient is not bound by a confidentiality agreement with the Issuer or the Servicer and is not prohibited from transmitting the information to the Information Recipients, (c) is independently
          developed by the Information Recipients without the use of the Confidential Information, as shown by the Information Recipients’ files and records or other evidence in the Information Recipients’ possession or (d) the Issuer or the Servicer
          provides permission to the applicable Information Recipients to release.

      

      

      “Eligible Representations” shall mean those representations
          identified within the “Tests” included in Schedule A.

      

      

      “Information Recipients” means the Asset Representations
          Reviewer and its officers, directors, employees, agents, representatives or affiliates, including legal counsel.

      

      

      “Issuer PII” means PII furnished by the Issuer, the Servicer
          or their Affiliates to the Asset Representations Reviewer and PII developed or otherwise collected or acquired by the Asset Representations Reviewer in performing its obligations under this Agreement.

      

      

      “Personally Identifiable Information”  or “PII” means information in any format about an identifiable individual, including, name, address, phone number, e-mail address, account number(s), identification number(s),
          any other actual or assigned attribute associated with or identifiable to an individual and any information that when used separately or in combination with other information could identify an individual.

      

      

      “Review” means the completion by the Asset Representations
          Reviewer of the procedures listed under “Tests” in Schedule A for each Review Asset as described in Section 3.03.

      

      

      “Review Assets” means those 2018-B Leases and 2018-B Leased
          Vehicles identified by the Servicer as requiring a Review by the Asset Representations Reviewer following receipt of a Review Notice according to Section 3.01.

      

      

      “Review Fee” has the meaning stated in Section 4.03(b).

      

      

      
        2

        
          

      

      “Review Materials” means the documents, data, and other
          information required for each “Test” in Schedule A.

      

      

      “Review Notice” means a notice delivered to the Asset
          Representations Reviewer by the Indenture Trustee pursuant to Section 7.02 of the Indenture.

      

      

      “Review Report” means the report prepared and delivered by
          the Asset Representations Reviewer pursuant to Section 3.04, which will, among other things, (i) indicate for each Review Asset whether there was a Test Pass, Test Fail or Test Complete for each related Test, (ii) include, for each Test Fail or
          Test Complete, the related reason for such Test Fail or Test Complete, including (for example) whether the Review Asset was a Test Fail as a result of missing or incomplete Review Materials and (iii) contain a summary of the Review results to be
          included in the Issuer’s Form 10-D report for the Collection Period in which the Review Report is received.

      

      

      “Test Complete” has the meaning stated in Section 3.03(c).

      

      

      “Test Fail” has the meaning stated in Section 3.03(a).

      

      

      “Test Pass” has the meaning stated in Section 3.03(a).

      

      

      “Tests” mean the procedures listed in Schedule A, as applied
          to the process described in Section 3.03.

      

      

      
        3

        
          

      

      ARTICLE TWO

      

      

      ENGAGEMENT; ACCEPTANCE

      

      

      Section 2.01.  Engagement; Acceptance.  The Issuer hereby
          engages Clayton Fixed Income Services LLC to act as the Asset Representations Reviewer for the Issuer.  Clayton Fixed Income Services LLC accepts the engagement and agrees to perform the obligations of the Asset Representations Reviewer on the
          terms stated in this Agreement.

      

      

      Section 2.02.  Confirmation of Status.  The parties confirm
          that the Asset Representations Reviewer is not responsible for (i) reviewing the 2018-B Leases and 2018-B Leased Vehicles for compliance with the representations and warranties under the 2018-B Servicing Supplement, except as described in this
          Agreement or (ii) determining whether noncompliance with the representations or warranties constitutes a breach of the 2018-B Servicing Supplement.

      

      

      ARTICLE THREE

      

      

      ASSET REPRESENTATIONS REVIEW PROCESS

      

      

      Section 3.01.  Review Notices and Identification of Review Assets. 

          On receipt of a Review Notice from the Indenture Trustee pursuant to Section 7.02 of the Indenture, the Asset Representations Reviewer will start a Review.  Once a Review Notice has been issued, the Servicer will provide the list of Review Assets
          to the Asset Representations Reviewer within ten Business Days.

      

      

      The Asset Representations Reviewer will not be obligated to start a Review until a Review Notice and the related list of Review Assets is
          received.  The Asset Representations Reviewer is not obligated to verify (i) whether the Indenture Trustee properly determined that a Review Notice was required or (ii) the accuracy or completeness of the list of Review Assets provided by the
          Servicer.

      

      

      Section 3.02.  Review Materials.

      

      

      (a)          Access to Review Materials.  Within 60 days of the delivery of a Review Notice, the Servicer will provide the Asset Representations Reviewer with access to the Review Materials for all Review Assets in one or more of the
          following ways: (i) by providing access to the Servicer’s systems, either remotely or at an office of the Servicer, (ii) by electronic posting to a password-protected website to which the Asset Representations Reviewer has access, (iii) by
          providing originals or photocopies at an office of the Servicer or (iv) in another manner agreed by the Servicer and the Asset Representations Reviewer.  The Servicer may redact or remove Personally Identifiable Information from the Review
          Materials without changing the meaning or usefulness of the Review Materials.  The Asset Representations Reviewer shall be entitled to rely in good faith, without independent investigation or verification, that the Review Materials are accurate
          and complete in all material respects, and not misleading in any material respect.

      

      

      
        4

        
          

      

      (b)          Missing or Insufficient Review Materials.  The Asset Representations Reviewer will review the Review Materials to determine if any Review Materials are missing or insufficient for the Asset Representations Reviewer to
          perform any Test.  If the Asset Representations Reviewer determines any missing or insufficient Review Materials, the Asset Representations Reviewer will notify the Servicer promptly, and in any event no less than 30 days before completing the
          Review.  The Servicer will have 60 days to give the Asset Representations Reviewer access to the missing Review Materials or other documents or information to correct the insufficiency.  If the missing Review Materials or other documents have not
          been provided by the Servicer within 60 days, the related Review Report will report a Test Fail for each Test that requires use of the missing or insufficient Review Materials.

      

      

      Section 3.03.  Performance of Reviews.

      

      

      (a)          Test Procedures.  For a Review, the Asset Representations Reviewer will perform, for each Review Asset, the Tests for each Eligible Representation.  In the course of its review, the Asset Representations Reviewer will use
          the Review Materials listed in Schedule A.  For each Test and Review Asset, the Asset Representations Reviewer will determine if the Test has been satisfied (a “Test Pass”) or if the Test has not been satisfied (a “Test Fail”).

      

      

      (b)          Review Period.  The Asset Representations Reviewer will complete the Review within 60 days of receiving access to the Review Materials.  However, if additional Review Materials are provided to the Asset Representations
          Reviewer as described in Section 3.02(b), the Review period will be extended for an additional 30 days.

      

      

      (c)          Completion of Review for Certain Review Assets.  Following the delivery of the list of the Review Assets and before the delivery of the Review Report by the Asset Representations Reviewer, the Servicer may notify the
          Asset Representations Reviewer if a Review Asset has been paid in full by the related Lessee or purchased from the Issuer in accordance with the terms of the 2018-B Servicing Agreement.  On receipt of such notice, the Asset Representations
          Reviewer will immediately terminate all Tests of the related Review Asset, and the Review of such Review Assets will be considered complete (a “Test Complete”).  In this case, the related Review Report will indicate a Test Complete for such
          Review Asset and the related reason.

      

      

      (d)          Duplicative Tests.  If the same Test is required for more than one representation and warranty, the Asset Representations Reviewer will only perform the Test once for each Review Asset, but will report the results of the
          Test for each applicable representation and warranty on the Review Report.

      

      

      (e)          Termination of Review.  If a Review is in process and the Notes will be paid in full on the next Payment Date, the Servicer will notify the Asset Representations Reviewer no less than five days before that Payment Date. 
          On receipt of such notice, the Asset Representations Reviewer will terminate the Review immediately and will not be obligated to deliver a Review Report.

      

      

      Section 3.04.  Review Report.  Within five Business Days
          after the end of the applicable Review period under Section 3.03(b), the Asset Representations Reviewer will deliver to the Issuer, the Servicer and the Indenture Trustee a Review Report.  The Asset Representations Reviewer will ensure that the
          Review Report does not contain any Personally Identifiable Information.  On reasonable request of the Servicer, the Asset Representations Reviewer will provide additional details on the Test results.

      

      

      
        5

        
          

      

      Section 3.05.  Review Representatives.

      

      

      (a)          Servicer Representative.  The Servicer will designate one or more representatives who will be available to assist the Asset Representations Reviewer in performing the Review, including responding to requests and answering
          questions from the Asset Representations Reviewer about access to Review Materials on the Servicer’s originations, leases or other systems, obtaining missing or insufficient Review Materials and/or providing clarification of any Review Materials
          or Tests.

      

      

      (b)          Asset Representations Review Representative.  The Asset Representations Reviewer will designate one or more representatives who will be available to the Issuer, the Servicer and the Administrator during the performance of
          a Review.

      

      

      (c)          Questions About Review.  The Asset Representations Reviewer will make appropriate personnel available to respond in writing to written questions or requests for clarification of any Review Report from the Indenture
          Trustee or the Servicer until the earlier of (i) the payment in full of the Notes and (ii) one year after the delivery of the Review Report.  The Asset Representations Reviewer will not be obligated to respond to questions or requests for
          clarification from Noteholders or any other Person and will direct such Persons to submit written questions or requests to the Servicer.

      

      

      Section 3.06.  Dispute Resolution.  If a Review Asset that
          was the subject of a Review becomes the subject of a dispute resolution proceeding under Section 3.11 of the 2018-B Servicing Supplement, the Asset Representations Reviewer will participate in the dispute resolution proceeding on request of a
          party to the proceeding.  The reasonable out-of-pocket expenses of the Asset Representations Reviewer for its participation in any dispute resolution proceeding will be considered expenses of the requesting party for the dispute resolution and
          will be paid, in the case of (i) an arbitration, by a party to the dispute resolution as determined by the arbitrator for the dispute resolution, and (ii) a mediation, as the parties shall mutually determine, in each case according to Section
          3.11 of the 2018-B Servicing Supplement.  If not paid by a party to the dispute resolution, the expenses will be reimbursed by the Issuer pursuant to Section 4.03(d).

      

      

      Section 3.07.  Limitations on Review Obligations.

      

      

      (a)          Review Process Limitations.  The Asset Representations Reviewer will have no obligation (i) to determine whether a Delinquency Trigger has occurred or whether the required percentage of Noteholders has voted to direct a
          Review under the Indenture; (ii) to determine which 2018-B Leases and 2018-B Leased Vehicles are subject to a Review, (iii) to obtain or confirm the validity of the Review Materials, (iv) to obtain missing or insufficient Review Materials, (v) to
          take any action or cause any other party to take any action under any of the 2018-B Basic Documents to enforce any remedies for breaches of representations or warranties about the Eligible Representations, (vi) to determine the reason for the
          delinquency of any Review Asset, the creditworthiness of any Lessee, the overall quality of any Review Asset or the compliance by the Servicer with its covenants with respect to the servicing of such Review Asset, or (vii) to establish cause,
          materiality or recourse for any failed Test.

      

      

      
        6

        
          

      

      (b)          Testing Procedure Limitations.  The Asset Representations Reviewer will only be required to perform the Tests listed under Schedule A, and will not be obligated to perform additional procedures on any Review Asset or to
          provide any information other than a Review Report.  However, the Asset Representations Reviewer may provide additional information in a Review Report about any Review Asset that it determines in good faith to be material to the Review.

      

      

      ARTICLE FOUR

      

      

      ASSET REPRESENTATIONS REVIEWER

      

      

      Section 4.01.  Representations and Warranties of the Asset
              Representations Reviewer.  The Asset Representations Reviewer hereby makes the following representations and warranties as of the 2018-B Closing Date:

      

      

      (a)          Organization and Qualification.  The Asset Representations Reviewer is duly organized and validly existing as a limited liability company in good standing under the laws of State of Delaware.  The
          Asset Representations Reviewer is qualified 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 its properties or the conduct of its
          activities requires the qualification, license or approval, unless the failure to obtain the qualifications, licenses or approvals would not reasonably be expected to have a material adverse effect on the Asset Representations Reviewer’s ability
          to perform its obligations under this Agreement.

      

      

      (b)          Power, Authority and Enforceability.  The Asset Representations Reviewer has the power and authority to execute, deliver and perform its obligations under this Agreement.  The Asset Representations
          Reviewer has authorized the execution, delivery and performance of this Agreement.  This Agreement is the legal, valid and binding obligation of the Asset Representations Reviewer enforceable against the Asset Representations Reviewer, except as
          may be limited by insolvency, bankruptcy, reorganization or other laws relating to the enforcement of creditors’ rights or by general equitable principles.

      

      

      (c)          No Conflicts and No Violation.  The completion of the transactions  contemplated by this Agreement and the performance of the Asset Representations Reviewer’s obligations under this Agreement will
          not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Asset Representations Reviewer is a debtor or guarantor, (ii) result in the creation or
          imposition of a Lien on the properties or assets of the Asset Representations Reviewer under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document, (iii) violate the organizational documents of the
          Asset Representations Reviewer or (iv) violate a law or, to the Asset Representations Reviewer’s knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality
          having jurisdiction over the Asset Representations Reviewer or its properties that applies to the Asset Representations Reviewer, which, in each case, would reasonably be expected to have a material adverse effect on the Asset Representations
          Reviewer’s ability to perform its obligations under this Agreement.

      

      

      
        7

        
          

      

      (d)          No Proceedings.  To the Asset Representations Reviewer’s knowledge, there are no proceedings or investigations pending or threatened in writing before a federal or State court, regulatory body,
          administrative agency or other governmental instrumentality having jurisdiction over the Asset Representations Reviewer or its properties (i) asserting the invalidity of this Agreement, (ii) seeking to prevent the completion of the transactions
          contemplated by this Agreement or (iii) seeking any determination or ruling that would reasonably be expected to have a material adverse effect on the Asset Representations Reviewer’s ability to perform its obligations under, or the validity or
          enforceability of, this Agreement.

      

      

      (e)          Eligibility.  The Asset Representations Reviewer meets the eligibility requirements in Section 5.01.

      

      

      Section 4.02.  Covenants.  The Asset Representations Reviewer
              covenants and agrees that:

      

      

      (a)          Eligibility.  It will notify the Issuer and the Servicer promptly if it no longer meets, or reasonably expects that it will no longer meet, the eligibility requirements in Section 5.01.

      

      

      (b)          Review Systems; Personnel.  It will maintain business process management and/or other systems necessary to ensure that it can perform each Test and, on execution of this Agreement, will load each
          Test into these systems.  The Asset Representations Reviewer will ensure that these systems allow for each Review Asset and the related Review Materials to be individually tracked and stored as contemplated by this Agreement.  The Asset
          Representations Reviewer will maintain adequate staff that is properly trained to conduct Reviews as required by this Agreement.

      

      

      (c)          Maintenance of Review Materials.  It will maintain copies of any Review Materials, Review Reports and other documents relating to a Review, including internal correspondence and work papers, for a
          period of at least two years after any termination of this Agreement.

      

      

      Section 4.03.  Fees and Expenses.

      

      

      (a)          Annual Fee.  As compensation for its activities hereunder, the Asset Representations Reviewer shall be entitled to receive an annual fee (the “Annual Fee”) with respect to each Annual Period prior to the termination of
          the Issuer, in an amount equal to $5,000.  The Annual Fee will be paid by the Issuer on the 2018-B Closing Date and on each anniversary of the 2018-B Closing Date until this Agreement is terminated; provided, however, that if the Asset
          Representations Reviewer resigns or is removed in accordance with Section 5.02, then the Asset Representations Reviewer shall refund to the Issuer a portion of the Annual Fee attributable to the portion of the annual period during which the Asset
          Representations Reviewer will no longer act as the Asset Representations Reviewer, assuming for purposes of such calculation that the Annual Fee for each day during the annual period is an amount equal to the Annual Fee divided by 365.

      

      

      
        8

        
          

      

      (b)          Review Fee.  Following the completion of a Review and the delivery of the related Review Report pursuant to Section 3.04, or the termination of a Review according to Section 3.03(e), and the delivery to the Indenture
          Trustee and the Servicer of a detailed invoice, the Asset Representations Reviewer will be entitled to a fee of $175 for each Review Asset for which the Review was started (the “Review Fee”), payable by the Issuer.  However, no Review Fee will be
          charged for any Review Asset which was included in a prior Review or for which no Tests were completed prior to the Asset Representations Reviewer being notified of a termination of the Review according to Section 3.03(c) or due to missing or
          insufficient Review Materials under Section 3.02(b).  If the detailed invoice is submitted on or before the first day of a month, the Review Fee will be paid by the Issuer according to the priority of payments in the Indenture on the Payment Date
          in that month.  However, if a Review is terminated according to Section 3.03(e), the Asset Representations Reviewer must submit its invoice for the Review Fee for the terminated Review no later than ten Business Days before the final Payment Date
          to be reimbursed on such final Payment Date.

      

      

      (c)          Reimbursement of Travel Expenses.  If the Servicer provides access to the Review Materials at one of its properties, the Issuer will reimburse the Asset Representations Reviewer for its reasonable travel expenses incurred
          in connection with the Review upon receipt of a detailed invoice.

      

      

      (d)          Dispute Resolution Expenses.  If the Asset Representations Reviewer participates in a dispute resolution proceeding under Section 3.06 and its reasonable out-of-pocket expenses for participating in the proceeding are not
          paid by a party to the dispute resolution within 90 days after the end of the proceeding, the Issuer will reimburse the Asset Representations Reviewer for such expenses upon receipt of a detailed invoice.

      

      

      (e)          Payment of Invoices.  When applicable pursuant to this Section, the fees and expenses of the Asset Representations Reviewer are to be paid via the priority of payments described in Section 5.04(b) or 8.03 of the
          Indenture, as applicable.  The Asset Representations Reviewer will issue invoices to the Issuer at the notices addresses set forth in Section 11.04 of the Indenture and Issuer shall pay all invoices submitted by the Asset Representations Reviewer
          within 30 days following the receipt by the Issuer, in accordance with the priority of payments described in Section 5.04(b) or 8.03 of the Indenture, as applicable.  The Administrator shall promptly pay to the Asset Representations Reviewer the
          amount of any fees, expenses and indemnification amounts not otherwise paid or reimbursed by the Issuer on any Payment Date in accordance with the terms of Section 5.04(b) or 8.03 of the Indenture, as applicable; provided that the Asset
          Representations Reviewer shall promptly reimburse the Administrator for any such amounts to the extent it subsequently receives payment or reimbursement in respect thereof from the Issuer in accordance with the terms of such Sections.  For the
          avoidance of doubt, the aggregate limit on the Asset Representations Reviewer fees, expenses and indemnities specified in Section 8.03 of the Indenture shall not apply to payments made or to be made by the Administrator to the Asset
          Representations Reviewer pursuant to this subsection.

      

      

      
        9

        
          

      

      Section 4.04.  Limitation on Liability.  The Asset
          Representations Reviewer will not be liable to any Person for any action taken, or not taken, in good faith under this Agreement or for errors in judgment.  The Asset Representations Reviewer will, however, be liable for its willful misconduct,
          bad faith or negligence in performing its obligations under this Agreement, but in no event will it be liable for special, indirect or consequential losses or damages (including lost profit), even if it has been advised of the likelihood of the
          loss or damage and regardless of the form of action.

      

      

      Section 4.05.  Indemnification by Asset Representations Reviewer. 

          The Asset Representations Reviewer will indemnify each of the Issuer, the Seller, the Servicer, the Administrator, the Owner Trustee and the Indenture Trustee and their respective directors, officers, employees and agents for all fees, expenses,
          losses, damages and liabilities, including any legal fees or expenses incurred in connection with the enforcement of the Asset Representations Reviewer’s indemnification or other obligations hereunder, resulting from the Asset Representations
          Reviewer’s (i) willful misconduct, bad faith or negligence in performing its obligations under this Agreement and (ii) breach of any of its representations or warranties in this Agreement.  The Asset Representations Reviewer’s obligations under
          this Section will survive the termination of this Agreement, the termination of the Issuer and the resignation or removal of the Asset Representations Reviewer.

      

      

      Section 4.06.  Indemnification of Asset Representations Reviewer.

      

      

      (a)          Indemnification.  The Issuer will, or will cause the Administrator to, indemnify each ARR Indemnified Person for all costs, expenses, losses, damages and liabilities resulting from the performance of its obligations under
          this Agreement (including the fees and expenses of defending itself against any loss, damage or liability), but excluding any cost, expense, loss, damage or liability resulting from the Asset Representations Reviewer’s (i) willful misconduct, bad
          faith or negligence or (ii) breach of any of its representations or warranties in this Agreement.

      

      

      (b)          Proceedings.  Promptly on receipt by an ARR Indemnified Person of notice of a Proceeding against it, such ARR Indemnified Person will, if a claim is to be made under Section 4.06(a), notify the Issuer and the
          Administrator of the Proceeding.  The Issuer and/or the Administrator may participate in and assume the defense and settlement of a Proceeding at its expense.  If the Issuer or the Administrator notifies an ARR Indemnified Person of its intention
          to assume the defense of the Proceeding with counsel reasonably satisfactory to such ARR Indemnified Person, and so long as the Issuer, the Servicer or the Administrator assumes the defense of the Proceeding in a manner reasonably satisfactory to
          such ARR Indemnified Person, the Issuer and the Administrator will not be liable for fees and expenses of counsel to such ARR Indemnified Person unless there is a conflict between the interests of the Issuer or the Administrator, as applicable,
          and an ARR Indemnified Person.  If there is a conflict, the Issuer, the Servicer or the Administrator will pay for the reasonable fees and expenses of separate counsel to the ARR Indemnified Person.  No settlement of a Proceeding may be made
          without the approval of the Issuer and the Administrator and the ARR Indemnified Person, which approval will not be unreasonably withheld, conditioned or delayed.

      

      

      
        10

        
          

      

      (c)          Survival of Obligations.  The Issuer’s and the Administrator’s obligations under this Section will survive the resignation or removal of the Asset Representations Reviewer and the termination of this Agreement.

      

      

      (d)          Repayment.  If the Issuer or the Administrator makes any payment under this Section and an ARR Indemnified Person later collects any of the amounts for which the payments were made to it from others, such ARR Indemnified
          Person will promptly repay the amounts to the Issuer or the Administrator, as applicable.

      

      

      Section 4.07.  Inspections of Asset Representations Reviewer. 

          The Asset Representations Reviewer agrees that, with reasonable advance notice not more than once during any year, it will permit authorized representatives of the Issuer, the Servicer or the Administrator, during the Asset Representations
          Reviewer’s normal business hours, to examine and review its books of account, records, reports and other documents and materials relating to (a) the performance of its obligations under this Agreement, (b) payments of its fees and expenses for
          its performance of its obligations under this Agreement and (c) a claim made by it under this Agreement.  In addition, the Asset Representations Reviewer will permit representatives of the Issuer, the Servicer or the Administrator to make copies
          and extracts of any of those documents and to discuss them with the Asset Representations Reviewer’s officers and employees.  Each of the Issuer, the Servicer and the Administrator will, and will cause its authorized representatives to, hold in
          confidence the foregoing information except if disclosure may be required by Applicable Law or if the Issuer, the Servicer or the Administrator reasonably determines that it is required to make the disclosure under this Agreement or the other
          2018-B Basic Documents.  The Asset Representations Reviewer will maintain all relevant books, records, reports and other documents and materials for a period of at least two years after the termination of its obligations under this Agreement.

      

      

      Section 4.08.  Delegation of Obligations.  The Asset
          Representations Reviewer may not delegate or subcontract its obligations under this Agreement to any Person without the prior written consent of the Issuer and the Servicer.

      

      

      Section 4.09.  Confidential Information.

      

      

      (a)          Treatment.  The Asset Representations Reviewer agrees to hold and treat Confidential Information given to it under this Agreement in confidence and under the terms and conditions of this Section, and will implement and
          maintain safeguards to further assure the confidentiality of the Confidential Information.  The Confidential Information will not, without the prior written consent of the Issuer and the Servicer, be disclosed or used by any Information Recipient
          other than for the purposes of performing Reviews of Review Assets or performing its obligations under this Agreement.  The Asset Representations Reviewer agrees that it will not, and will cause its Affiliates to not (i) purchase or sell
          securities issued by the Servicer or its Affiliates or special purpose entities on the basis of Confidential Information or (ii) use the Confidential Information for the preparation of research reports, newsletters or other publications or
          similar communications.

      

      

      (b)          Protection.  The Asset Representations Reviewer will take reasonable measures to protect the secrecy of and avoid disclosure and unauthorized use of Confidential Information, including those measures that it takes to
          protect its own confidential information and not less than a reasonable standard of care.  The Asset Representations Reviewer acknowledges that Personally Identifiable Information is also subject to the additional requirements in Section 4.10.

      

      

      
        11

        
          

      

      (c)          Disclosure.  If the Asset Representations Reviewer is required by applicable law, regulation, rule or order issued by a Governmental Authority to disclose part of the Confidential Information, it may disclose the
          Confidential Information.  However, before a required disclosure, the Asset Representations Reviewer, if permitted by law, regulation, rule or order, will use its reasonable efforts to provide the Issuer and the Servicer with notice of the
          requirement and will cooperate, at the Servicer’s expense, in the Issuer’s and the Servicer’s pursuit of a proper protective order or other relief for the disclosure of the Confidential Information.  If the Issuer and the Servicer are unable to
          obtain a protective order or other proper remedy by the date that the information is required to be disclosed, the Asset Representations Reviewer will disclose only that part of the Confidential Information that it is advised by its legal counsel
          it is legally required to disclose.

      

      

      (d)          Responsibility for Information Recipients.  The Asset Representations Reviewer will be responsible for a breach of this Section by its Information Recipients.

      

      

      (e)          Violation.  The Asset Representations Reviewer agrees that a violation of this Agreement may cause irreparable injury to the Issuer and the Servicer and the Issuer and the Servicer may seek injunctive relief in addition
          to legal remedies.  If an action is initiated by the Issuer or the Servicer to enforce this Section, the prevailing party will be reimbursed for its fees and expenses, including reasonable attorney’s fees, incurred for the enforcement.

      

      

      Section 4.10.  Personally Identifiable Information.

      

      

      (a)          Use of Issuer PII.  The Issuer does not grant the Asset Representations Reviewer any rights to Issuer PII except as otherwise provided in this Agreement.  The Asset Representations Reviewer will use Issuer PII only to
          perform its obligations under this Agreement or as specifically directed in writing by the Issuer and will only reproduce Issuer PII to the extent necessary for these purposes.  The Asset Representations Reviewer must comply with all laws
          applicable to PII, Issuer PII and the Asset Representations Reviewer’s business, including any legally required codes of conduct, including those relating to privacy, security and data protection.  The Asset Representations Reviewer will protect
          and secure Issuer PII.  The Asset Representations Reviewer will implement privacy or data protection policies and procedures that comply with applicable law and this Agreement.  The Asset Representations Reviewer will implement and maintain
          reasonable and appropriate practices, procedures and systems, including administrative, technical and physical safeguards to (i) protect the security, confidentiality and integrity of Issuer PII, (ii) ensure against anticipated threats or hazards
          to the security or integrity of Issuer PII, (iii) protect against unauthorized access to or use of Issuer PII and (iv) otherwise comply with its obligations under this Agreement.  These safeguards include a written data security plan, employee
          training, information access controls, restricted disclosures, systems protections (e.g., intrusion protection, data storage protection and data transmission protection) and physical security measures.

      

      

      
        12

        
          

      

      (b)          Additional Limitations.  In addition to the use and protection requirements described in Section 4.10(a), the Asset Representations Reviewer’s disclosure of Issuer PII is also subject to the following requirements:

      

      

      (i)           The Asset
          Representations Reviewer will not disclose Issuer PII to its personnel or allow its personnel access to Issuer PII except (A) for the Asset Representations Reviewer personnel who require Issuer PII to perform a Review, (B) with the prior consent
          of the Issuer or (C) as required by applicable law.  When permitted, the disclosure of or access to Issuer PII will be limited to the specific information necessary for the individual to complete the assigned task.  The Asset Representations
          Reviewer will inform personnel with access to Issuer PII of the confidentiality requirements in this Agreement and train its personnel with access to Issuer PII on the proper use and protection of Issuer PII.

      

      

      (ii)          The Asset
          Representations Reviewer will not sell, disclose, provide or exchange Issuer PII with or to any third party without the prior consent of the Issuer.

      

      

      (c)          Notice of Breach.  The Asset Representations Reviewer will notify the Issuer promptly in the event of an actual or reasonably suspected security breach, unauthorized access, misappropriation or other compromise of the
          security, confidentiality or integrity of Issuer PII and, where applicable, immediately take action to prevent any further breach.

      

      

      (d)          Return or Disposal of Issuer PII.  Except where return or disposal is prohibited by applicable law, promptly on the earlier of the completion of the Review or the request of the Issuer, all Issuer PII in any medium in the
          Asset Representations Reviewer’s possession or under its control will be (i) destroyed in a manner that prevents its recovery or restoration or (ii) if so directed by the Issuer, returned to the Issuer without the Asset Representations Reviewer
          retaining any actual or recoverable copies, in both cases, without charge to the Issuer.  Where the Asset Representations Reviewer retains Issuer PII, the Asset Representations Reviewer will limit the Asset Representations Reviewer’s further use
          or disclosure of Issuer PII to that required by applicable law.

      

      

      (e)          Compliance; Modification.  The Asset Representations Reviewer will cooperate with and provide information to the Issuer regarding the Asset Representations Reviewer’s compliance with this Section.  The Asset
          Representations Reviewer and the Issuer agree to modify this Section as necessary for either party to comply with applicable law.

      

      

      (f)          Audit of Asset Representations Reviewer.  The Asset Representations Reviewer will permit the Issuer and its authorized representatives to audit the Asset Representations Reviewer’s compliance with this Section during the
          Asset Representations Reviewer’s normal business hours on reasonable advance notice to the Asset Representations Reviewer, and not more than once during any year unless circumstances necessitate additional audits.  The Issuer agrees to make
          reasonable efforts to schedule any audit described in this Section with the inspections described in Section 4.07.  The Asset Representations Reviewer will also permit the Issuer during normal business hours on reasonable advance notice to audit
          any service providers used by the Asset Representations Reviewer to fulfill the Asset Representations Reviewer’s obligations under this Agreement.

      

      

      
        13

        
          

      

      (g)          Affiliates and Third Parties.  If the Asset Representations Reviewer processes the PII of the Issuer’s Affiliates or a third party when performing a Review, and if such Affiliate or third party is identified to the Asset
          Representations Reviewer, such Affiliate or third party is an intended third-party beneficiary of this Section, and this Agreement is intended to benefit the Affiliate or third party.  The Affiliate or third party may enforce the PII related
          terms of this Section against the Asset Representations Reviewer as if each were a signatory to this Agreement.

      

      

      ARTICLE FIVE

      

      

      REMOVAL, RESIGNATION

      

      

      Section 5.01.  Eligibility of the Asset Representations Reviewer. 

          The Asset Representations Reviewer must be a Person who (i) is not Affiliated with the Issuer, the Depositor, the Servicer, the Indenture Trustee, the Owner Trustee or any of their Affiliates and (ii) was not, and is not Affiliated with a Person
          that was, engaged by the Issuer, the Depositor, the Servicer or any Underwriter to perform any due diligence on the 2018-B Leases and 2018-B Leased Vehicles prior to the 2018-B Closing Date.

      

      

      Section 5.02.  Resignation and Removal of Asset Representations
              Reviewer.

      

      

      (a)          No Resignation.  The Asset Representations Reviewer will not resign as Asset Representations Reviewer unless it determines it is legally unable to perform its obligations under this Agreement and there is no reasonable
          action that it could take to make the performance of its obligations under this Agreement permitted under applicable law.  In such event, the Asset Representations Reviewer will deliver a notice of its resignation to the Issuer and the Servicer,
          together with an Opinion of Counsel supporting its determination.

      

      

      (b)          Removal.  If any of the following events occur, the Issuer, by notice to the Asset Representations Reviewer, may remove the Asset Representations Reviewer and terminate its rights and obligations under this Agreement:

      

      

      (i)           the Asset
          Representations Reviewer no longer meets the eligibility requirements in Section 5.01;

      

      

      (ii)          the Asset
          Representations Reviewer breaches of any of its representations, warranties, covenants or obligations in this Agreement; or

      

      

      (iii)         an 
          Insolvency Event of the Asset Representations Reviewer occurs.

      

      

      (c)          Notice of Resignation or Removal.  The Issuer will notify the Servicer and the Indenture Trustee of any resignation or removal of the Asset Representations Reviewer.

      

      

      (d)          Continue to Perform After Resignation or Removal.  The Asset Representations Reviewer will continue to perform its obligations under this Agreement until a successor Asset Representations Reviewer has accepted its
          engagement according to Section 5.03(b).

      

      

      
        14

        
          

      

      Section 5.03.  Successor Asset Representations Reviewer.

      

      

      (a)          Engagement of Successor Asset Representations Reviewer.  Following the resignation or removal of the Asset Representations Reviewer, the Issuer will engage a successor Asset Representations Reviewer who meets the
          eligibility requirements of Section 5.01.

      

      

      (b)          Effectiveness of Resignation or Removal.  No resignation or removal of the Asset Representations Reviewer will be effective until a successor Asset Representations Reviewer has executed and delivered to the Issuer and the
          Servicer an agreement accepting its engagement and agreeing to perform the obligations of the Asset Representations Reviewer under this Agreement or entering into a new agreement with the Issuer on substantially the same terms as this Agreement.

      

      

      (c)          Transition and Expenses.  If the Asset Representations Reviewer resigns or is removed, it will cooperate with the Issuer and the Servicer and take all actions reasonably requested to assist the Issuer in making an orderly
          transition of its rights and obligations under this Agreement to the successor Asset Representations Reviewer.  The Asset Representations Reviewer will pay the reasonable expenses of transitioning its obligations under this Agreement and
          preparing the successor Asset Representations Reviewer to take on the obligations on receipt of an invoice with reasonable detail of the expenses from the Issuer and the Servicer or the successor Asset Representations Reviewer.

      

      

      
        15

        
          

      

      Section 5.04.  Merger, Consolidation or Succession.  Any
          Person (i) into which the Asset Representations Reviewer is merged or consolidated, (ii) resulting from any merger or consolidation to which the Asset Representations Reviewer is a party or (iii) succeeding to the business of the Asset
          Representations Reviewer, if that Person meets the eligibility requirements in Section 5.01, will be the successor to the Asset Representations Reviewer under this Agreement.  Such Person will execute and deliver to the Issuer, the Servicer and
          the Administrator an agreement to assume the Asset Representations Reviewer’s obligations under this Agreement (unless the assumption happens by operation of law).

      

      

      ARTICLE SIX

      

      

      OTHER AGREEMENTS

      

      

      Section 6.01.  Independence of the Asset Representations Reviewer. 

          The Asset Representations Reviewer will be an independent contractor and will not be subject to the supervision of the Issuer for the manner in which it accomplishes the performance of its obligations under this Agreement.  Unless expressly
          authorized by the Issuer, the Asset Representations Reviewer will have no authority to act for or represent the Issuer and will not be considered an agent of the Issuer.  Nothing in this Agreement will make the Asset Representations Reviewer and
          the Issuer members of any partnership, joint venture or other separate entity or impose any liability as such on any of them.  For the avoidance of doubt, the Indenture Trustee will not be responsible for monitoring the performance by the Asset
          Representations Reviewer of its obligations under this Agreement.

      

      

      Section 6.02.  No Petition.  Each of the parties to this
          Agreement covenants and agrees that for a period of one year and one day (or, if longer, any applicable preference period) after payment in full of all Exchange Notes and all outstanding Securities, it will not institute against, or join any
          Person in instituting against, the Titling Trust, the Initial Beneficiary, the Issuer or the Transferor any bankruptcy, reorganization, arrangement, insolvency or liquidation Proceedings, or other Proceedings under any Insolvency Law in
          connection with any obligations relating to the 2018-B ABS Notes, the 2018-B Exchange Note or the 2018-B Basic Documents and agrees that it will not cooperate with or encourage others to institute any such Proceeding.

      

      

      Section 6.03.  Limitation of Liability of Owner Trustee. 
          It is expressly understood and agreed by the parties hereto that (i) this Agreement is executed and delivered by WTNA, not individually or personally but solely as Owner Trustee of the Issuer, in the exercise of the powers and authority conferred
          and vested in it, (ii) each of the representations, undertakings and agreements herein made on the part of the Issuer is made and intended not as personal representations, undertakings and agreements by WTNA but is made and intended for the
          purpose of binding only the Issuer, (iii) nothing herein contained shall be construed as creating any liability on WTNA, individually or personally, to perform any covenant either expressed or implied contained herein of the Issuer, all such
          liability, if any, being expressly waived by the parties hereto and by any Person claiming by, through or under the parties hereto, (iv) WTNA has not verified and has made no investigation as to the accuracy or completeness of any representations
          and warranties made by the Issuer in this Agreement and (v) under no circumstances shall WTNA be personally liable for the payment of any indebtedness or expenses of the Issuer or be liable for the breach or failure of any obligation,
          representation, warranty or covenant made or undertaken by the Issuer under this Agreement or any other related documents.

      

      

      
        16

        
          

      

      Section 6.04.  Termination of Agreement.  This Agreement
          will terminate, except for the obligations under Section 4.05, on the earlier of (i) the payment in full of all outstanding Notes and the satisfaction and discharge of the Indenture and (ii) the date the Issuer is terminated under the Trust
          Agreement.

      

      

      ARTICLE SEVEN

      

      

      MISCELLANEOUS PROVISIONS

      

      

      Section 7.01.  Amendments.

      

      

      (a)          The parties may amend this Agreement:

      

      

      (i)           to clarify an
          ambiguity, correct an error or correct or supplement any term of this Agreement that may be defective or inconsistent with the other terms of this Agreement or to provide for, or facilitate the acceptance of this Agreement by, a successor Asset
          Representations Reviewer, in each case without the consent of the Noteholders or any other Person;

      

      

      (ii)          to add, change
          or eliminate terms of this Agreement, in each case without the consent of the Noteholders or any other Person, if the Administrator delivers an Officer’s Certificate to the Issuer, the Owner Trustee and the Indenture Trustee stating that the
          amendment will not have a material adverse effect on the Noteholders; or

      

      

      (iii)         to add,
          change or eliminate terms of this Agreement for which an Officer’s Certificate is not or cannot be delivered under Section 7.01(a)(ii), with the consent of the Majority Noteholders.

      

      

      (b)          Notwithstanding anything to the contrary in this
          Section, any amendment to this Agreement that affects the rights or the obligation of either the Indenture Trustee or the Owner Trustee will require the consent of the Indenture Trustee or the Owner Trustee, as applicable.

      

      

      Section 7.02.  Assignment; Benefit of Agreement; Third Party
              Beneficiaries.

      

      

      (a)          Assignment.  Except as stated in Section 5.04, this Agreement may not be assigned by the Asset Representations Reviewer without the consent of the Issuer and the Servicer.

      

      

      (b)          Benefit of Agreement; Third-Party Beneficiaries.  This Agreement is for the benefit of and will be binding on the parties and their permitted successors and assigns.  The Owner Trustee and the Indenture Trustee, for the
          benefit of the Noteholders, will be third-party beneficiaries of this Agreement and may enforce this Agreement against the Asset Representations Reviewer and the Servicer.  No other Person will have any right or obligation under this Agreement.

      

      

      
        17

        
          

      

      Section 7.03.  Notices.

      

      

      (a)          Notices to Parties.  Unless otherwise expressly specified or permitted by the terms hereof, all notices, requests, demands, consents, waivers or other communications to or from the parties to this Agreement will be in
          writing.  Notices, requests, demands, consents and other communications will be deemed to have been given and made, (i) upon delivery or, in the case of a letter mailed via registered first class mail, postage prepaid, three days after deposit in
          the mail and (ii) in the case of (a) a facsimile, when receipt is confirmed by telephone or by reply e-mail or reply facsimile from the recipient, (b) an e-mail, when receipt is confirmed by telephone or by reply e‐mail from the recipient and (c)
          an electronic posting to a password-protected website, upon printed confirmation of the recipient’s access to such password-protected website, or when notification of such electronic posting is confirmed in accordance with clauses (ii)(b) and
          (ii)(c) above.

      

      

      (b)          Notice Addresses.  Any notice, request, demand, consent, waiver or other communication will be addressed as stated in the 2018-B Administration Agreement or this  Agreement, as applicable, or to another address as a party
          may give by notice to the other parties.

      

      

      In the case of the Asset Representations Reviewer, all such notices, including Review Notices, shall be sent to:

      

      

      Via electronic mail to ARRNotices@clayton.com

      

      

      and to:

      

      

      Clayton Fixed Income Services LLC

      2638 South Falkenburg Road

      Riverview, Florida 33578

      Attn: SVP

      

      

      with a copy to:

      

      

      Clayton Fixed Income Services LLC, c/o Clayton Holdings LLC

      1500 Market Street, West Tower Suite 2050

      Philadelphia, Pennsylvania 19102

      Attn: General Counsel

      

      

      In the case the Administrator or the Servicer, all such notices shall be sent to:

      

      

      Mercedes-Benz Financial Services USA, LLC

      36455 Corporate Drive

      Farmington Hills, Michigan 48331

      Attention:  Steven C. Poling (e-mail: steven.c.poling@daimler.com)

      

      

      
        18

        
          

      

      Section 7.04.  GOVERNING LAW.

      

      

      (a)          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 CONFLICTS OF LAWS (OTHER THAN SECTION 5-1401 OF THE NEW
            YORK GENERAL OBLIGATIONS LAW), AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

      

      

      Section 7.05.  WAIVER OF JURY TRIAL.  EACH PARTY TO THIS AGREEMENT IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING
            RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY ANY 2018-B BASIC DOCUMENT.

      

      

      Section 7.06.  No Waiver; Remedies.  No party’s failure or
          delay in exercising a power, right or remedy under this Agreement will operate as a waiver.  No single or partial exercise of a power, right or remedy will preclude any other or further exercise of the power, right or remedy or the exercise of
          any other power, right or remedy.  The powers, rights and remedies under this Agreement are in addition to any powers, rights and remedies under law.

      

      

      Section 7.07.  Severability.  If any one or more of the
          covenants, agreements, provisions or terms of this Agreement is held invalid, illegal or unenforceable, then such covenants, agreements, provisions or terms will be deemed severable from the remaining covenants, agreements, provisions and terms
          of this Agreement, and will in no way affect the validity, legality or enforceability of the other covenants, agreements, provisions and terms of this Agreement.

      

      

      Table of Contents and Headings.  The Table of Contents and
          the various headings in this Agreement are included for convenience only and will not affect the meaning or interpretation of any provision of this Agreement.

      

      

      Section 7.09.  Counterparts.  This Agreement may be
          executed in any number of counterparts, each of which will be an original, and all of which will together constitute one and the same instrument.

      

      

      
        19

        
          

      

      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

       

        

      	 	
              MERCEDES-BENZ AUTO LEASE TRUST 2018-B,

            
	 	
              

              

            	
              as Issuer

            
	 	 	 
	 	
              By:

            	
              WILMINGTON TRUST, NATIONAL ASSOCIATION, not in its individual capacity, but solely as Owner Trustee

            
	 	 	 
	 	
              By:

            	 
	 	 	
              Name:

            
	 	 	
              Title:

            
	 	 	 
	 	
              MERCEDES-BENZ FINANCIAL SERVICES USA LLC,

            
	 	

            	as Servicer and Administrator
	 	 	 
	 	
              By:

            	 
	 	 	
              Name:

            
	 	 	
              Title:

            
	 	 	 
	 	
              CLAYTON FIXED INCOME SERVICES LLC,

            
	 	
              

              

            	
              as Asset Representations Reviewer

            
	 	 	 
	 	
              By:

            	 
	 	 	
              Name:

            
	 	 	
              Title:

            

      

      

      
        2018-B Asset Representation Review Agreement

      

      

      

      
        
          

      

      
      SCHEDULE A

      

      

      REPRESENTATIONS AND WARRANTIES, REVIEW MATERIALS AND TESTS

      

      

      Representation (1) - Origination

      

      

      The 2018-B Lease is a Stand-Alone Lease that was originated (a) by a Dealer, (b) on or after August 1, 2012, (c) pursuant to an agreement
          which allows for recourse to the Dealer in the event of certain defects in the 2018-B Lease (but not for a default by the related Lessee) and (d) in substantial compliance with the Credit and Collection Policy.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          lease agreement was signed by the Lessee and the Lessor

      

      

      (ii)         Confirm the
          lease agreement form number and revision date are on the List of Approved Contract Forms

      

      

      (iii)        Confirm the
          lease agreement is dated on or after December 1, 2013

      

      

      (iv)        Confirm the
          dealer agreement contains provisions which allow for recourse to the Dealer in the event of certain defects in the Lease, outside of  default by the related Lessee

      

      

      (v)         Confirm there
          is no evidence the lease agreement is not in compliance with the Credit and Collection Policy

      

      

      (vi)        If section (i)
          through (v) are confirmed, then Test Pass

      

      

      Representation (2) - Leases

      

      

      The 2018-B Lease constitutes “tangible chattel paper” or “electronic chattel paper” within the meaning of Section 9-102 of the UCC.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      
        
          	

                	-	
                  Title documents

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm there
          is a signature under the appropriate Lessee, Co-lessee and Lessor signature lines within the lease agreement

      

      

      
        SA-1

        
          

      

      (ii)         Confirm the
          lease agreement reports a monetary obligation greater than zero

      

      

      (iii)        Confirm the
          assignment section of the lease agreement lists the  Titling Trust as the sole assignee

      

      

      (iv)        If sections (i)
          through (iii) are confirmed, then Test Pass

      

      

      Representation (3) – Leased Vehicle

      

      

      The related 2018-B Vehicle is a Mercedes-Benz passenger car or sport utility vehicle that was new at the time of the origination of the
          related 2018-B Lease and is not powered by a diesel engine.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          vehicle description section of the lease agreement reports that the leased vehicle is a new vehicle

      

      

      (ii)         Confirm the
          vehicle description section of the lease agreement reports that the leased vehicle is a Mercedes-Benz passenger car, sport utility vehicle or a smart automobile and is not powered by a diesel engine

      

      

      (iii)        If sections
          (i) and (ii) are confirmed, then Test Pass

      

      

      Representation (4) – Certificate of Title and Lienholder

      

      

      Each 2018-B Vehicle was titled, or the Servicer has started procedures that will result in the 2018-B Vehicle being titled, in one of the
          50 states of the United States or the District of Columbia and the Collateral Agent is or will be noted as lienholder of the 2018-B Vehicle (other than in Kansas, Missouri, Nebraska, Nevada or South Dakota) and such lien is a perfected first
          priority security interst.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      
        
          	

                	-	
                  Title documents

                

        

      

      

      

      
        
          	

                	-	
                  Lease file

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          title lists the Collateral Agent as the first priority lienholder or evidence of an application for such title is present

      

      

      
        SA-2

        
          

      

      (ii)         Confirm the
          Vehicle Identification Number (VIN) listed on the title matches the VIN number on the lease agreement

      

      

      (iii)        Confirm there
          is no evidence of any lien that would take priority over the Collateral Agent’s security interest

      

      

      (iv)        If sections (i)
          through (iii) are confirmed, then Test Pass

      

      

      Representation (5) - Lessee

      

      

      The related Lessee is a Person other than MBFS USA, any Affiliate thereof or a Governmental Authority and, at the time of origination of
          the 2018-B Lease, based on information provided by the Lessee, the Lessee is located in and has a billing address within a State.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          Lessee is not reported as MBFS USA, an affiliate or a governmental authority

      

      

      (ii)         Confirm the
          Lessee’s address as reported on the lease agreement is located within the United States

      

      

      (iii)        If sections
          (i) and (ii) are confirmed, then Test Pass

      

      

      Representation (6) – Closed-End Lease; Payment in Dollars

      

      

      The 2018-B Lease is payable solely in Dollars in the United States and is a closed-end lease that provides for equal monthly payments by
          the Lessee, which scheduled payments, if made when due, fully amortize to an amount equal to the Booked Residual Value of the related 2018-B Vehicle based upon the related Contract Rate.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          lease agreement represents a closed end lease

      

      

      (ii)         Confirm the
          lease agreement is denominated in US dollars

      

      

      (iii)        Confirm the
          monthly payments section of the lease agreement calls for level monthly payments over the entire lease term with the possible exception of the first and last payment

      

      

      
        SA-3

        
          

      

      (iv)        Calculate the
          product of the level monthly payment with the number of payments due over the lease term and confirm this amount fully amortizes to the Booked Residual Value of the related 2018-B Vehicle based upon the related Contract Rate

      

      

      (v)         If sections (i)
          through (iv) are confirmed, then Test Pass

      

      

      Representation (7) – One Original

      

      

      There is only one original executed copy or authoritative copy, as applicable, of the 2018-B Lease.  The Servicer, or its custodian, has
          possession or control of such original or authoritative copy, as applicable, which does not have any marks or notations indicating that it has been pledged, assigned or otherwise conveyed to any Person other than the Titling Trust.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm that
          the lease agreement is marked as the original copy or authoritative copy, as applicable

      

      

      (ii)         Confirm there
          is no evidence that the lease agreement has been pledged, assigned or otherwise conveyed to any Person other than the Titling Trust

      

      

      (iii)        If sections
          (i) and (ii) are confirmed, then Test Pass

      

      

      Representation (8) – Compliance with Law

      

      

      The 2018-B Lease complied in all material respects at the time it was originated and, as of the 2018-B Cutoff Date, will comply in all
          material respects with all requirements of federal, State and local laws.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          lease agreement form number and revision date are on the List of Approved Contract Forms

      

      

      (ii)         Confirm the
          following sections of the contract are present and completed:

      

      

      
        
          	

                	(a)	
                  Name and address of Lessor

                

        

      

      
        
          	

                	(b)	
                  Name and address of Lessee and Co-lessee (if applicable)

                

        

      

      
        
          	

                	(c)	
                  Vehicle description

                

        

      

      
        
          	

                	(d)	
                  Amount due at lease signing

                

        

      

      
        
          	

                	(e)	
                  Amount of monthly payment

                

        

      

      

      

      
        SA-4

        
          

      

      
        
          	

                	(f)	
                  Number of monthly payments

                

        

      

      
        
          	

                	(g)	
                  Other charges

                

        

      

      
        
          	

                	(h)	
                  Total of Payments

                

        

      

      

      

      (iii)        Confirm there
          is an itemization of the amount due at lease signing

      

      

      (iv)        Confirm there
          is an itemization of the monthly payment

      

      

      (v)         Confirm the
          following disclosures are included on the contract

      

      

      
        
          	

                	(a)	
                  Early termination

                

        

      

      
        
          	

                	(b)	
                  Excessive wear

                

        

      

      
        
          	

                	(c)	
                  Purchase option

                

        

      

      
        
          	

                	(d)	
                  Insurance requirements

                

        

      

      
        
          	

                	(e)	
                  Late charges

                

        

      

      

      

      (vi)          If sections
          (i) through (v) are confirmed, then Test Pass

      

      

      Representation (9) - Enforceability

      

      

      The 2018-B Lease was fully and properly executed by the parties thereto and such 2018-B Lease represents the legal, valid and binding
          full-recourse payment obligation of the related Lessee, enforceable against such Lessee in accordance with its terms, except as enforceability is subject to or limited by bankruptcy, reorganization, insolvency, fraudulent conveyance, moratorium
          and other similar laws affecting the enforcement of creditors’ rights in general or principles of equity (whether considered in a suit at law or in equity).

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          lease agreement was signed by the Lessor, Lessee and Co-lessee (if applicable)

      

      

      (ii)         Confirm the
          lease agreement form number and revision date are on the List of Approved Contract Forms

      

      

      (iii)        If sections
          (i) and (ii) are confirmed, then Test Pass

      

      

      Representation (10) – Title to the Lease and Leased Vehicle

      

      

      Neither the 2018-B Lease nor the 2018-B Vehicle has been sold, transferred, assigned, pledged or granted by any Dealer to any Person
          other than the Titling Trust.  The Titling Trust has good and marketable title to such 2018-B Lease and 2018-B Vehicle, free and clear of any Liens (other than Permitted Liens), participations and rights of others, including, to the knowledge of
          the Servicer, Liens (other than Permitted Liens) or claims for work, labor or material relating to such 2018-B Vehicle.

      

      

      
        SA-5

        
          

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      
        
          	

                	-	
                  Title documents

                

        

      

      

      

      
        
          	

                	-	
                  Lease file

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          assignment section of the lease agreement has been signed by the Dealer and lists the Titling Trust as the assignee

      

      

      (ii)         Confirm there
          is no evidence within the lease file that the Lease has been sold, transferred, assigned, pledged or granted by any Dealer to any Person other than the Title Trust

      

      

      (iii)        Confirm the
          title shows that the Titling Trust is the owner of the Lease vehicle

      

      

      (iv)        Confirm the
          title document does not indicate any additional liens (other than permitted liens)

      

      

      (v)         If sections (i)
          through (iv) are confirmed, then Test Pass

      

      

      Representation (11) – Lease in Full Force and Effect; No Waiver

      

      

      The 2018-B Lease is in full force and effect and not satisfied, subordinated or rescinded and no provision of the 2018-B Lease has been
          waived in any manner that causes or could cause such 2018-B Lease to not qualify with the other criteria set forth herein.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      
        
          	

                	-	
                  Data tape

                

        

      

      

      

      
        
          	

                	-	
                  Lease file

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          lease agreement form number and revision date are on the List of Approved Contracts

      

      

      (ii)         Confirm within
          the data tape that the lease has not been paid off as of the 2018-B Cutoff Date

      

      

      
        SA-6

        
          

      

      (iii)        Confirm there
          is no evidence within the lease file that the Lease has been satisfied, subordinated or rescinded

      

      

      (iv)        Confirm there
          is no evidence within the lease file that any provision of the lease has been waived in any manner that would cause the Lease to become invalid

      

      

      (v)         If sections (i)
          through (iv) are confirmed, then Test Pass

      

      

      Representation (12) – No Defenses

      

      

      The 2018-B Lease is not subject to any right of rescission, cancellation, setoff, claim, counterclaim or any other defense (including
          defenses arising out of violations of usury laws) of the related Lessee to payment of the amounts due thereunder, and no such right of rescission, cancellation, set-off, claim, counterclaim or any other defense (including defenses arising out of
          violations of usury laws) has been asserted or threatened.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease file

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm there
          is no indication within the lease file that the Lease is subject to any right of rescission, cancellation, setoff, claim or counterclaim that could cause the Lease to become invalid

      

      

      (ii)         Confirm there
          is no indication within the lease file of any threats of rescission, cancellation, setoff, claim or counterclaim that could cause the Lease to become invalid

      

      

      (iii)        If sections
          (i) and (ii) are confirmed, then Test Pass

      

      

      Representation (13) - Assignability

      

      

      The 2018-B Lease is fully assignable and does not require the consent of the related Lessee or any other Person as a condition to any
          transfer, sale or assignment of the rights thereunder to the Titling Trust.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          lease agreement form number and revision date are on the List of Approved Contracts

      

      

      
        SA-7

        
          

      

      (ii)         Confirm the
          lease agreement contains language allowing the sale, transfer, assignment, conveyance or pledge of the Lease without the consent of the related Lessee or any other Person

      

      

      (iii)        If sections
          (i) and (ii) are confirmed, then Test Pass

      

      

      Representation (14) – Lease Term

      

      

      As of its origination date, the 2018-B Lease had an original Lease Term of no less than 12 months and no more than 60 months.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          number of payments as stated on the lease agreement are within the allowable lease term limits

      

      

      (ii)         If section (i)
          is confirmed, then Test Pass

      

      

      Representation (15) - Insurance

      

      

      As of the time of origination of the 2018-B Lease, the related lease agreement required the related Lessee to obtain physical damage
          insurance covering the related 2018-B Vehicle.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          lease agreement contains language that required the Lessee to obtain and maintain physical damage insurance to the related Leased Vehicle

      

      

      (ii)         If section (i)
          is confirmed, then Test Pass

      

      

      Representation (16) – No Bankruptcy

      

      

      As of the 2018-B Cutoff Date, the Servicer has not received actual notice that the Lessee on any 2018-B Lease is a debtor in a bankruptcy
          proceeding.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease file

                

        

      

      

      

      
        SA-8

        
          

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          lease file does not contain evidence that the related Lessee or Lease is the subject of any bankruptcy proceeding or insolvency proceeding as of the 2018-B Cutoff Date

      

      

      (ii)         If section (i)
          is confirmed, then Test Pass

      

      

      Representation (17) – No Extensions

      

      

      The 2018-B Lease has not been extended or otherwise been deferred, but may have been modified in accordance with the Credit and
          Collection Policy so long as such modification did not cause such 2018-B Lease to not qualify with the other criteria set forth herein.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      
        
          	

                	-	
                  Data file

                

        

      

      

      

      
        
          	

                	-	
                  Lease file

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          Lease has not been extended, deferred or modified as of the 2018-B Cutoff Date

      

      

      (ii)         If the Lease
          has been extended, deferred or modified, confirm that (a) there is no evidence that the extension, deferment or modification violated the Credit and Collection Policy and (b) the Lease, as extended, deferred or modified, meets all other
          representations

      

      

      (iii)        If section (i)
          or section (ii) is confirmed, then Test Pass

      

      

      Representation (18) – Delinquencies; No Payment Default

      

      

      As of the 2018-B Cutoff Date, none of the 2018-B Leases is Delinquent by more than 30 days.  As of the 2018-B Cutoff Date, none of the
          2018-B Leases is a Defaulted Lease.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Data tape

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          data tape does not indicate that 10% or more of the Base Monthly Payment required to be paid on the Lease was more than 30 days past due as of the 2018-B Cutoff Date

      

      

      
        SA-9

        
          

      

      (ii)         If section (i)
          is confirmed, then Test Pass

      

      

      Representation (19) – Securitization Value

      

      

      As of the 2018-B Cutoff Date, each 2018-B Lease had a Securitization Value not less than $15,000 and no more than $250,000.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease file

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          Lease has a Securitization Value that is greater than or equal to $15,000.00

      

      

      (ii)         Confirm the
          Lease has a Securitization Value that is less than or equal to $250,000.00

      

      

      (iii)        If sections
          (i) and (ii) are confirmed, then Test pass

      

      

      Representation (20) – FICO Score

      

      

      As of its origination date, the Lessee under the 2018-B Lease had a FICO score of not less than 651.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease file

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          related Lessee’s FICO score was greater than or equal to 651

      

      

      (ii)         If section (i)
          is confirmed, then Test Pass

      

      

      Representation (21) – No Allocation to Other Specified Interest

      

      

      The 2018-B Lease and the related 2018-B Vehicle allocated to the 2018-B Reference Pool has not been allocated to any Reference Pool other
          than the 2018-B Reference Pool.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease file

                

        

      

      

      

      Procedures to be Performed

      

      

      (i)          Confirm the
          lease file indicates that the related Lease and Leased Vehicle were allocated to the 2018-B Reference Pool

      

      

      
        SA-10

        
          

      

      (ii)         Confirm the
          related Lease and Leased Vehicle have not been re-allocated to any other reference pool other than the 2018-B Reference Pool

      

      

      (iii)        If section (i)
          and (ii) are confirmed, then Test Pass

      

      

      Representation (22) – Model Year

      

      

      The related 2018-B Vehicle has a model year between 2014 and 2018, inclusive.

      

      

      Review Materials

      

      

      
        
          	

                	-	
                  Lease agreement

                

        

      

      

      

      Procedures to be Performed  

      

      

      (i)          Confirm the
          vehicle description of the lease agreement indicates that the Leased Vehicle is of a model year between 2014 and 2018

      

      

      (ii)         If section (i)
          is confirmed, then Test Pass

       

        

      

      

      SA-11

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