Document:

Exhibit 4.4

    

   

  

  
    DAIMLER TRUST,

    as Borrower,

    

    

    U.S. BANK TRUST NATIONAL ASSOCIATION,

    as Administrative Agent,

    

    

    DAIMLER TITLE CO.,

    as Collateral Agent,

    

    

    MERCEDES-BENZ FINANCIAL SERVICES USA LLC,

    as Lender and as Servicer,

    

    

    and

    

    

    U.S. BANK NATIONAL ASSOCIATION,

    as Indenture Trustee

    

    

    
      

     

      

    2019-A EXCHANGE NOTE SUPPLEMENT

    

    

    Dated as of January 1, 2019

    

    

    
      

    
      

      

    

    
      
        

    

    TABLE OF CONTENTS

     

      

    	

          	
            Page

          
	 	 
	
            ARTICLE ONE

          
	 	 
	
            USAGE, DEFINITIONS AND INCORPORATION BY REFERENCE

          
	 
	
            Section 1.01. Capitalized Terms; Rules of Usage

          	
            2

          
	 
	
            ARTICLE TWO

          
	 	 
	
            THE 2019-A EXCHANGE NOTE

          
	 
	
            Section 2.01. Creation and Designation

          	
            3

          
	
            Section 2.02. Issuance of the 2019-A Exchange Note; Registered Pledge

          	
            3

          
	
            Section 2.03. 2019-A Exchange Note Representations and Warranties

          	
            4

          
	
            Section 2.04. 2019-A Exchange Note Interest Payments

          	
            4

          
	
            Section 2.05. 2019-A Exchange Note Principal Payments

          	5
	
            Section 2.06. 2019-A Reserve Account

          	
            5

          
	
            Section 2.07. Additional Representations and Warranties

          	
            5

          
	 	 
	
            ARTICLE THREE

          
	 	 
	
            THE 2019-A REFERENCE POOL

          
	 
	
            Section 3.01. The 2019-A Reference Pool

          	6
	
            ARTICLE FOUR

          
	 	 
	
            EXCHANGE NOTE DEFAULTS AND REMEDIES

          
	 
	
            Section 4.01. 2019-A Exchange Note Defaults

          	7
	
            Section 4.02. Exchange Note Remedies

          	7
	
            ARTICLE FIVE

          
	 	 
	
            APPLICATION OF COLLECTIONS ON THE 2019-A REFERENCE POOL

          
	 
	
            Section 5.01. Application of 2019-A Reference Pool Collections Prior to Facility Default and Exchange Note Default

          	9
	
            Section 5.02. Application of 2019-A Reference Pool Collections Following a Liquidation

          	9
	 	 
	
            ARTICLE SIX

          
	 	 
	
            SECURITY INTEREST

          
	 
	
            Section 6.01. Security Interest

          	11

    

    

    
      
        

    

    
    	 	
            Page

          
	 
	
            ARTICLE SEVEN

          
	 	 
	
            EXCHANGE ACT REPORTING

          
	 
	
            Section 7.01. Further Assurances

          	12
	
            Section 7.02. Form 10-D Filings

          	12
	
            Section 7.03. Form 8-K Filings

          	12
	
            Section 7.04. Form 10-K Filings

          	13
	
            Section 7.05. Report on Assessment of Compliance and Attestation

          	13
	
            Section 7.06. Back-up Sarbanes-Oxley Certification.

          	14
	
            Section 7.07. Representations and Warranties

          	14
	
            Section 7.08. Indemnification.

          	14
	 	 
	
            ARTICLE EIGHT

          
	 	 
	
            MISCELLANEOUS

          
	 
	
            Section 8.01. Amendments

          	16
	
            Section 8.02. 2019-A Exchange Noteholders Entitled to Benefits of this Exchange Note  Supplement

          	17
	
            Section 8.03. Tax Characterization

          	17
	
            Section 8.04. GOVERNING LAW; SUBMISSION TO
                  JURISDICTION;  APPOINTMENT OF AGENT FOR SERVICE OF PROCESS

          	17
	
            Section 8.05. Successors and Assigns

          	18
	
            Section 8.06. Severability

          	18
	
            Section 8.07. Counterparts

          	18
	
            Section 8.08. Table of Contents and Headings

          	18
	
            Section 8.09. No Petition

          	18
	
            Section 8.10. No Recourse

          	18

    

    

    EXHIBITS

     

      

    	
            Exhibit A  –  Form of 2019-A Exchange Note

          	
            A-1

          
	
            Exhibit B  –  Schedule of 2019-A Reference Pool Assets

          	
            B-1

          
	 	 
	 	 
	
            SCHEDULES

          	 
	 	 
	
            Schedule A  –  Item 1119 Parties

          	
            SA-1

          
	
            Schedule B  –  Disclosure Items

          	
            SB-1

          
	
            Schedule C  --  Article Nine Security Interest Representations And Warranties

          	
            SC-1

          

    

    

    
      ii

      
        

    

    This 2019-A EXCHANGE NOTE SUPPLEMENT, dated as of January 1, 2019 (as amended, restated, supplemented or otherwise modified from time to
        time, this “2019-A Exchange Note Supplement”), is among DAIMLER TRUST, a Delaware statutory trust (the “Titling Trust”), as borrower (the “Borrower”), MERCEDES-BENZ FINANCIAL SERVICES USA LLC, a Delaware limited liability company (“MBFS USA”), as
        lender (in such capacity, the “Lender”) and as servicer (in such capacity, the “Servicer”), U.S. BANK TRUST NATIONAL ASSOCIATION, a national banking association, as administrative agent and not in its individual capacity (the “Administrative
        Agent”), DAIMLER TITLE CO., a Delaware corporation, as collateral agent (the “Collateral Agent”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as indenture trustee and not in its individual capacity (the “Indenture Trustee”).

    

    

    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 BNYM (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, the Collateral Agent and the Administrative Agent have entered into an Amended and
        Restated Collateral Agency Agreement, dated as of March 1, 2009 (the “Basic Collateral Agency Agreement”), pursuant to which the Lender will make advances to the Titling Trust from time to time to acquire Titling Trust Assets;

    

    

    WHEREAS, the Basic Collateral Agency Agreement provides, among other things, that the parties thereto may from time to time enter into an
        exchange note supplement pursuant to which the Lender will assign its interest in a portion of its outstanding advances to be evidenced by an exchange note, payments in respect of which shall be made from collections in respect of a pool of
        specified Titling Trust Assets;

    

    

    WHEREAS, the parties hereto wish to enter into this 2019-A Exchange Note Supplement to provide for the issuance of an exchange note to be
        known as the “2019-A Exchange Note” and the creation of a reference pool of leases and leased vehicles relating thereto;

    

    

    WHEREAS, concurrently herewith, (i) MBFS USA and Daimler Trust Leasing LLC, a Delaware limited liability company (the “Transferor”), are
        entering into a First-Tier Sale Agreement pursuant to which the Transferor will purchase the 2019-A Exchange Note from MBFS USA and (ii) the Transferor and Mercedes-Benz Auto Lease Trust 2019-A (the “Issuer”), are entering into a Second-Tier Sale
        Agreement pursuant to which the Transferor will transfer the 2019-A Exchange Note to the Issuer;

    

    

    WHEREAS, concurrently herewith, the Issuer is entering into an asset-backed financing transaction pursuant to, among other agreements, an
        Indenture, dated as of January 1, 2019 (the “Indenture”), between the Issuer and the Indenture Trustee, pursuant to which, among other things, the Issuer will pledge certain of its assets and grant a security interest in such assets, including the
        2019-A Exchange Note; and

    

    

    
      
        

    

    
    WHEREAS, concurrently herewith, the Titling Trust, the Servicer and the Collateral Agent are entering into a 2019-A Servicing Supplement to
        the Servicing Agreement, dated as of January 1, 2019 (as amended, modified or supplemented from time to time, the “2019-A Servicing Supplement”), pursuant to which, among other things, the terms of the Amended and Restated Servicing Agreement,
        dated as of March 1, 2009 (as modified, supplemented or amended from time to time, the “2019-A Servicing Agreement”) will be supplemented insofar as they apply to the 2019-A Leases and 2019-A Vehicles allocated to the 2019-A Reference Pool,
        providing more specific servicing obligations.

    

    

    NOW THEREFORE, in consideration of the premises and the mutual covenants herein contained, the receipt and sufficiency of which are hereby
        acknowledged, the parties hereto agree as follows:

    

    

    ARTICLE ONE

    

    

    USAGE, DEFINITIONS AND INCORPORATION BY REFERENCE

    

    

    Section 1.01.  Capitalized Terms; Rules of Usage.

    

    

    (a)          Capitalized terms used in this 2019-A Exchange Note
        Supplement that are not otherwise defined shall have the meanings ascribed thereto in Appendix 1 to the 2019-A 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 2019-A Exchange Note Supplement.  Appendix 1 also contains rules as to usage applicable to this 2019-A Exchange Note 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

    

    

    THE 2019-A EXCHANGE NOTE

    

    

    Section 2.01.  Creation and Designation.  There is hereby created an
          Exchange Note to be issued pursuant to the Basic Collateral Agency Agreement and this 2019-A Exchange Note Supplement to be known as the “2019-A Exchange Note”.  The terms of the 2019-A Exchange Note are as follows:

    

    

    (a)          the 2019-A Exchange Note Issuance
        Date is the 2019-A Closing Date;

    

    

    (b)          the Exchange Note Initial Principal
        Balance of the 2019-A Exchange Note is $1,467,746,186.55;

    

    

    (c)          the 2019-A Cutoff Date for the 2019-A
        Reference Pool is the close of business on November 30, 2018;

    

    

    (d)          the Exchange Note Interest Rate for
        the 2019-A Exchange Note will be a fixed rate equal to 3.26% per annum;

    

    

    (e)          the 2019-A Exchange Note Final
        Scheduled Payment Date is October 15, 2024;

    

    

    (f)          the 2019-A Exchange Note will be
        issued as a single class;

    

    

    (g)          no Rating Agency will issue ratings
        on the 2019-A Exchange Note;

    

    

    (h)          the first Payment Date for the 2019-A
        Exchange Note is February 15, 2019, and thereafter, the 15th day of each calendar month or, if such day is not a Business Day, the next Business Day;

    

    

    (i)          the 2019-A Exchange Note Interest
        Period with respect to the 2019-A Exchange Note shall be, with respect to any Payment Date, the related Collection Period; and

    

    

    (j)          the initial Securitization Value of
        the 2019-A Leases and related 2019-A Vehicles included in the 2019-A Reference Pool is equal to $1,544,995,985.84.

    

    

    Section 2.02.  Issuance of the 2019-A Exchange Note; Registered Pledge.

    

    

    (a)          The 2019-A Exchange Note, together with the
        Administrative Agent’s certificate of authentication on such 2019-A Exchange Note, will be delivered in the form of a certificated note substantially in the form set forth as Exhibit A hereto and will satisfy the requirements of Sections 4.01 and
        4.02 of the Basic Collateral Agency Agreement.  The 2019-A Exchange Note may be transferred (i) prior to the occurrence and continuance of an Event of Default, only in whole and not in part and (ii) subsequent to the occurrence and continuance of
        an Event of Default, either in whole or in part.

    

    

    
      3

      
        

    

    (b)          The Borrower will deliver to the Administrative Agent
        (i) the executed 2019-A Exchange Note for authentication and (ii) this 2019-A Exchange Note Supplement, and following receipt thereof and satisfaction of the conditions set forth in Section 4.02(c) of the Basic Collateral Agency Agreement, the
        Administrative Agent will (A) execute this 2019-A Exchange Note Supplement and (B) authenticate and deliver the 2019-A Exchange Note in accordance with Section 4.02(d) of the Basic Collateral Agency Agreement.

    

    

    (c)          The Lender agrees for the benefit of the 2019-A Exchange
        Noteholders that, with respect to the 2019-A Reference Pool, any claim that it may have against such assets will be subordinated in right to payment in full of the 2019-A Exchange Notes.

    

    

    (d)          All of the Issuer’s right, title and interest with
        respect to the 2019-A Exchange Note has been assigned to the Indenture Trustee pursuant to the Indenture.  The Indenture Trustee shall be listed in the Exchange Note Register as the Registered Pledgee of the 2019-A Exchange Note until the
        Outstanding Amount of the Notes has been reduced to zero and all Issuer Obligations have been paid in full (at which time the rights of the Indenture Trustee as Registered Pledgee of the 2019-A Exchange Note shall terminate).  The Lender has caused
        the 2019-A Exchange Note to be delivered to the Indenture Trustee in New York, New York.  The Registered Pledgee shall have the rights granted to the 2019-A Exchange Noteholder as described in the Basic Collateral Agency Agreement.  As the
        Registered Pledgee, the Indenture Trustee shall be entitled to exercise any and all rights or powers of a holder hereunder and under the Basic Collateral Agency Agreement, to the extent set forth in Section 6.13 of the Indenture.

    

    

    (e)          For so long as it is the Registered Pledgee, the
        Indenture Trustee shall be entitled to exercise the rights of the 2019-A Exchange Noteholder.  Following the return of the 2019-A Exchange Note to or upon the order of the Issuer pursuant to Section 8.05(b) of the Indenture, the Issuer shall be
        entitled to exercise all rights of the 2019-A Exchange Noteholder.

    

    

    Section 2.03.  2019-A Exchange Note Representations and Warranties.

    

    

    (a)          The Borrower represents and warrants that upon
        satisfaction of the conditions set forth in Sections 2.02(a) and (b), the 2019-A Exchange Note will have been duly authorized, executed and delivered under this 2019-A Exchange Note Supplement.

    

    

    (b)          By acceptance of the 2019-A Exchange Note, the 2019-A
        Exchange Noteholder agrees with and makes, as of the 2019-A Closing Date, the representations and warranties set forth in Section 4.03(f) of the Basic Collateral Agency Agreement.

    

    

    (c)          The Borrower hereby makes, as of the 2019-A Closing
        Date, the representations and warranties set forth in Schedule C on which the other parties hereto are relying, and any 2019-A Exchange Noteholder, in acquiring the related 2019-A Exchange Note, will rely.

    

    

    Section 2.04.  2019-A Exchange Note Interest Payments. For each
          Payment Date, the amount of interest due with respect to the 2019-A Exchange Note will be equal to the 2019-A Exchange Note Interest Distributable Amount.

    

    

    
      4

      
        

    

    Section 2.05.  2019-A Exchange Note Principal Payments.  For each
          Payment Date, the amount of principal payable with respect to the 2019-A Exchange Note will be equal to the 2019-A Exchange Note Principal Distributable Amount.  The entire outstanding 2019-A Exchange Note Balance will become due and payable on
          the 2019-A Exchange Note Final Scheduled Payment Date.  Notwithstanding the foregoing, the entire unpaid 2019-A Exchange Note Balance will be due and payable on the date on which an Exchange Note Default with respect to the 2019-A Exchange Note
          has occurred and is continuing, and the 2019-A Exchange Noteholder has declared the 2019-A Exchange Note to be immediately due and payable in the manner provided in the Basic Collateral Agency Agreement.  For the avoidance of doubt, the 2019-A
          Exchange Note will be deemed to not be paid in full until all Issuer Obligations have been paid in full.

    

    

    Section 2.06.  2019-A Reserve Account.

    

    

    (a)          In connection with the issuance of the 2019-A Exchange
        Note, the Servicer will establish the 2019-A Reserve Account pursuant to Section 4.01(a)(iii) of the 2019-A Servicing Supplement.  On the 2019-A Closing Date, the Transferor will deposit, or cause to be deposited, the Reserve Initial Deposit into
        the 2019-A Reserve Account.

    

    

    (b)          On each Payment Date, the Indenture Trustee will deposit
        into the 2019-A Reserve Account all 2019-A Available Funds in accordance with Section 8.03(a)(iv) of the Indenture until the amount on deposit in the 2019-A Reserve Account equals the Required Reserve Amount.

    

    

    (c)          On or prior to each Determination Date, the Servicer
        will determine the 2019-A Available Funds Shortfall Amount, if any, for the related Payment Date.  If the 2019-A Available Funds Shortfall Amount for any Payment Date is greater than zero, the Indenture Trustee will withdraw, or cause to be
        withdrawn, from the 2019-A Reserve Account an amount equal to the 2019-A Reserve Account Draw Amount and transfer the 2019-A Reserve Account Draw Amount to the 2019-A Exchange Note Collection Account on or prior to the related Payment Date, which
        amount shall be applied towards making distributions on such Payment Date.  If the Note Balance and all other Issuer Obligations have been paid in full and the Issuer has been terminated, any remaining amounts on deposit in the 2019-A Reserve
        Account shall be distributed to the Certificateholder.

    

    

    Section 2.07.  Additional Representations and Warranties.  Each of
          the Borrower, the Collateral Agent, the Titling Trust and the Administrative Agent hereby makes the following representations and warranties as of the 2019-A Closing Date:

    

    

    (a)          It is not in material default under
        any agreement, contract, instrument, or indenture of any nature whatsoever to which it or its Affiliates is bound, and which default would have a material adverse effect on its ability to perform its obligations under this 2019-A Exchange Note
        Supplement.

    

    

    (b)          No consent, approval, authorization
        or order of any Governmental Authority or body is required under federal or State law for the execution, delivery and performance by it, or compliance by it with this 2019-A Exchange Note Supplement or the consummation of the transactions
        contemplated hereby, or if required has been obtained or can be obtained prior to the execution of this 2019-A Exchange Note Supplement.

    

    

    (c)          It does not have any reason or cause
        to believe that it cannot perform each and every covenant of such party contained in this 2019-A Exchange Note Supplement.

    

    

    
      5

      
        

    

    ARTICLE THREE

    

    

    THE 2019-A REFERENCE POOL

    

    

    Section 3.01.  The 2019-A Reference Pool.

    

    

    (a)          Pursuant to Section 4.01 of the Basic Collateral Agency
        Agreement and Section 4.3(b) of the Titling Trust Agreement, the Initial Beneficiary will designate a portion of the Leases and related Vehicles included in the Revolving Facility Pool for allocation to a new reference pool, referred to as the
        “2019-A Reference Pool”.  The 2019-A Exchange Note will primarily be payable from 2019-A Collections on or in respect of the Collateral Assets included in the 2019-A Reference Pool in accordance with the priorities in Section 5.01.  For purposes of
        determining the 2019-A Collections that are applicable to the 2019-A Reference Pool, the 2019-A Leases and 2019-A Vehicles included in the 2019-A Reference Pool will be deemed to have been included in the 2019-A Reference Pool from and after the
        2019-A Cutoff Date.  A Schedule of 2019-A Reference Pool Assets appears as Exhibit B hereto.

    

    

    (b)          The 2019-A Leases and 2019-A Vehicles included in the
        2019-A Reference Pool will not be included in the Revolving Facility Pool or in any other Reference Pool and no Leases or Vehicles included in the Revolving Facility Pool or leases or leased vehicles allocated to any other Reference Pool after the
        2019-A Cutoff Date will be included in the 2019-A Reference Pool.  Notwithstanding the foregoing, 2019-A Leases and 2019-A Vehicles shall be reallocated from the 2019-A Reference Pool to the Revolving Facility Pool in connection with (i) purchases
        of 2019-A Leases and 2019-A Vehicles pursuant to Section 3.05 of the 2019-A Servicing Supplement, (ii) the optional redemption of the 2019-A Exchange Note pursuant to Section 5.01 of the 2019-A Servicing Supplement and 4.06 of the Basic Collateral
        Agency Agreement and (iii) following release of the Trust Estate pursuant to Section 8.05(b) of the Indenture.

    

    

    (c)          Notwithstanding any other provision of this 2019-A
        Exchange Note Supplement or the Basic Servicing Agreement, in the event that any 2019-A Vehicle is sold or otherwise disposed of by the Servicer, each of the 2019-A Exchange Noteholder and the Registered Pledgee (i) for as long as no Event of
        Default has occurred and is continuing, will be deemed automatically to release, and immediately prior to such sale or other disposition, does hereby agree to release at such time, any and all Liens and other rights and interests it possesses or
        may possess from time to time, without further action of the parties, in, to and under such 2019-A Vehicle, the proceeds thereof (including pursuant to any Insurance Policy) with respect to or covering such 2019-A Vehicle and any contract or
        agreement for the sale or other disposition of such 2019-A Vehicle, and (ii) during the occurrence and continuance of an Event of Default, shall continue to have all rights and interests it possesses or may possess from time to time with respect to
        or covering such 2019-A Vehicle and any contract or agreement for the sale or other disposition of such 2019-A Vehicle, the proceeds thereof (including pursuant to any Insurance Policy) with respect to or covering such 2019-A Vehicle and any
        contract or agreement for the sale or other disposition of such Vehicle until the actual net proceeds of such sale or other disposition have been deposited into the 2019-A Exchange Note Collection Account.  Notwithstanding the foregoing, nothing
        herein shall otherwise constitute a release of any rights under the 2019-A Basic Documents to receive an amount equal to the proceeds of such sale or other disposition.

    

    

    (d)          Upon repayment in full of the 2019-A Exchange Note and
        all Issuer Obligations or following release of the Trust Estate pursuant to Section 8.05(b) of the Indenture, the 2019-A Reference Pool will be deemed to be terminated and the 2019-A Leases and 2019-A Vehicles included in the 2019-A Reference Pool
        will be reallocated to the Revolving Facility Pool.

    

    

    
      6

      
        

    

    ARTICLE FOUR

    

    

    EXCHANGE NOTE DEFAULTS AND REMEDIES

    

    

    Section 4.01.  2019-A Exchange Note Defaults. 
          Notwithstanding Section 6.04 of the Basic Collateral Agency Agreement, only the following events or occurrences with respect to the 2019-A Exchange Note will constitute Exchange Note Defaults with respect to the 2019-A Exchange Note:

    

    

    (a)          Failure to Pay Interest.  The Borrower fails to pay or cause to be paid any part of the 2019-A Exchange Note Interest Distributable Amount, as specified in the Exchange Note Supplement, when due and
        such failure continues for five Business Days after the due date;

    

    

    (b)          Failure to Pay Principal.  The Borrower fails to pay or cause to be paid any principal of such Exchange Note on the 2019-A Exchange Note Final Scheduled Payment Date and, if such failure is due to an
        administrative omission, mistake or technical difficulty, that failure continues for five Business Days after the date when such principal became due;

    

    

    (c)          Breach of Covenant.  There is a default in the observance or performance of any covenant or agreement of the Borrower made in the Basic Collateral Agency Agreement or this 2019-A Exchange Note
        Supplement (other than a covenant or agreement, a default in the observance or performance of which is specifically covered by another Exchange Note Default with respect to the 2019-A Exchange Note), the 2019-A Exchange Noteholders are materially
        and adversely affected by such default and such default is not cured on or before the 60th day after the Borrower has received a notice that states that it is a
        “Notice of Exchange Note Default” and specifies the default; and

    

    

    (d)          Breach of Representation or Warranty.  Any representation or warranty of the Borrower made in the Basic Collateral Agency Agreement, this 2019-A Exchange Note Supplement or in any certificate or
        other document delivered in connection with the Basic Collateral Agency Agreement or this 2019-A Exchange Note Supplement proves to have been incorrect as of the time made, the 2019-A Exchange Noteholders are materially and adversely affected by
        such incorrectness and such incorrectness is not cured on or before the 60th day after the Borrower has received a notice from the 2019-A Exchange Noteholders that
        states that it is a “Notice of Exchange Note Default” and specifies the default.

    

    

    Section 4.02.  Exchange Note Remedies.

    

    

    (a)          If a Facility Default or an Exchange Note Default has
        occurred, the 2019-A Exchange Noteholder may take the actions set forth in Sections 6.04(c) or 6.05(a) of the Basic Collateral Agency Agreement; provided, that the Indenture Trustee, as the 2019-A Exchange Noteholder, will act at the direction of
        the Holders of Notes representing at least 66 2/3% of the Outstanding Amount.

    

    

    
      7

      
        

    

    (b)          The proceeds of any liquidation or sale of the 2019-A
        Collateral pursuant to Section 6.05(a)(ii)(C) of the Basic Collateral Agency Agreement, to the extent received by the Indenture Trustee and upon receipt of instructions from the Administrator indicating the amounts to be applied by the Indenture
        Trustee, will be applied in accordance with Section 5.04(b) of the Indenture.

    

    

    (c)          All amounts payable to the 2019-A Exchange Noteholder
        pursuant to this Section will be deposited by the Indenture Trustee into the 2019-A Exchange Note Collection Account.

    

    

    
      8

      
        

    

    ARTICLE FIVE

    

    

    APPLICATION OF COLLECTIONS ON THE 2019-A REFERENCE POOL

    

    

    Section 5.01.  Application of 2019-A Reference Pool Collections Prior to
            Facility Default and Exchange Note Default.  On each Payment Date, the Servicer will, with respect to the 2019-A Reference Pool (based on the information contained in the related Monthly Exchange Note Report delivered pursuant to Section
          6.01(a) of the 2019-A Servicing Supplement), allocate 2019-A Available Funds on deposit in the 2019-A Exchange Note Collection Account for such Payment Date in accordance with the following order of priority:

    

    

    (a)          to the Servicer, the 2019-A Reference
        Pool Servicing Fee and an amount equal to any Nonrecoverable Advances;

    

    

    (b)          to the 2019-A Exchange Noteholder,
        the 2019-A Exchange Note Interest Distributable Amount;

    

    

    (c)          to the 2019-A Exchange Noteholder,
        the 2019-A Exchange Note Principal Distributable Amount, as a payment of principal of the 2019-A Exchange Note until the 2019-A Exchange Note Balance has been reduced to zero;

    

    

    (d)          to the 2019-A Exchange Noteholder,
        the amount, if any, by which the sum of the amounts payable pursuant to Sections 8.03(a)(i) through (vii) of the Indenture (or, if applicable, pursuant to Sections 5.04(b)(i) through (v) of the Indenture) exceeds the sum of the amounts received by
        the 2019-A Exchange Noteholder pursuant to clauses (b) and (c), above;  and

    

    

    (e)          all remaining 2019-A Available Funds,
        to the 2019-A Exchange Noteholder, for distribution on the Certificates.

    

    

    Section 5.02.  Application of 2019-A Reference Pool Collections
            Following a Liquidation.  Notwithstanding the provisions of Section 5.01, following a sale or liquidation of any portion of the Collateral included in the 2019-A Reference Pool pursuant to Section 6.05(a)(ii)(C) of the Basic Collateral
          Agency Agreement, the proceeds of such sale or liquidation will be allocated in accordance with the following priorities:

    

    

    (a)          to make payments to the Servicer, to
        the extent necessary to pay the 2019-A Reference Pool Servicing Fee and any Nonrecoverable Advances with respect to the 2019-A Leases;

    

    

    (b)          to make payments to the 2019-A
        Exchange Noteholder, to the extent necessary to pay all accrued and unpaid interest on the 2019-A Exchange Note and any interest on such accrued and unpaid interest at the 2019-A Exchange Note Interest Rate;

    

    

    (c)          to make payments to the 2019-A
        Exchange Noteholder, to the extent necessary to reduce the 2019-A Exchange Note Balance to zero;

    

    

    
      9

      
        

    

    (d)          to make payments to the 2019-A
        Exchange Noteholder to the extent necessary, after giving effect to the distributions pursuant to sub-clauses (a), (b) and (c) above, to cover any shortfall in amounts payable under Sections 8.03(a)(i) through (vii) or Sections 5.04(b)(i) through
        (v) of the Indenture; and

    

    

    (e)          all remaining funds, to the 2019-A
        Exchange Noteholder, for distribution on the Certificates.

     

      

    
      10

      
        

    

    ARTICLE SIX

    

    

    SECURITY INTEREST

    

    

    Section 6.01.  Security Interest.  The Borrower hereby confirms its
          grant under the Basic Collateral Agency Agreement of a security interest in the Collateral to the Collateral Agent.  In addition, the Borrower hereby grants to the Collateral Agent on behalf of the Secured Parties a security interest in the
          Collateral.

    

    

    
      11

      
        

    

    ARTICLE SEVEN

    

    

    EXCHANGE ACT REPORTING

    

    

    Section 7.01.  Further Assurances.  The Indenture Trustee and the
          Servicer shall reasonably cooperate with the Transferor in connection with the satisfaction of the Transferor’s reporting requirements under the Exchange Act with respect to the Issuer.  The Transferor shall not exercise its right to request
          delivery of information or other performance under these provisions other than in good faith.  In addition to the other information specified in this Article, if so requested by the Transferor for the purpose of satisfying its reporting
          obligations under the Exchange Act, the Indenture Trustee and the Servicer shall provide the Transferor with (i) such information which is available to such Person without unreasonable effort or expense and within such timeframe as may be
          reasonably requested by the Transferor to comply with the Transferor’s reporting obligations under the Exchange Act and (ii) to the extent such Person is a party (and the Transferor is not a party) to any agreement or amendment required to be
          filed, copies of such agreement or amendment in EDGAR-compatible form.  Each of the Servicer and the Indenture Trustee acknowledges that interpretations of the requirements of Regulation AB may change over time, whether due to interpretive
          guidance provided by the Commission or its staff, consensus among participants in the asset-backed securities markets, advice of counsel or otherwise, and agrees to comply with reasonable requests made by the Transferor in good faith for delivery
          of information under these provisions on the basis of evolving interpretations of Regulation AB.

    

    

    Section 7.02.  Form 10-D Filings.  So long as the Transferor is
          required to file Exchange Act Reports with respect to the Issuer, no later than each Determination Date, each of the Indenture Trustee and the Servicer shall notify (and the Servicer shall cause any subservicer to notify) the Transferor of any
          Form 10-D Disclosure Item with respect to such Person (or in the case of the Indenture Trustee, a Responsible Officer of such Person), together with a description of any such Form 10-D Disclosure Item in form and substance reasonably acceptable
          to the Transferor.  In addition to such information as the Servicer is obligated to provide pursuant to other provisions of this 2019-A Exchange Note Supplement and the 2019-A Servicing Agreement, if so requested by the Transferor, the Servicer
          shall provide such information which is available to it without unreasonable effort or expense regarding the performance or servicing of the 2019-A Leases and 2019-A Vehicles as is reasonably required to facilitate preparation of distribution
          reports in accordance with Item 1121 of Regulation AB.  Such information shall be provided concurrently with the statements to Securityholders pursuant to Section 6.05 of the 2019-A Servicing Supplement, commencing with the first such report due
          not less than five Business Days following such request.

    

    

    Section 7.03.  Form 8-K Filings.  So long as the Transferor is
          required to file Exchange Act Reports with respect to the Issuer, each of the Indenture Trustee and the Servicer shall promptly notify the Transferor, but in no event later than two Business Days after its occurrence, of any Reportable Event of
          which such Person (or in the case of the Indenture Trustee, a Responsible Officer of such Person) has actual knowledge.  Each Person shall be deemed to have actual knowledge of any such event to the extent that it relates to such Person or any
          action or failure to act by such Person.

    

    

    
      12

      
        

    

    Section 7.04.  Form 10-K Filings.  So long as the Transferor is
          required to file Exchange Act Reports, (i) if the Item 1119 Parties listed on Schedule A have changed since the 2019-A Closing Date, no later than February 1 of each year, commencing in 2020, the Transferor shall provide each of the Indenture
          Trustee and the Servicer with an updated Schedule A setting forth the Item 1119 Parties and (ii) no later than March 15th of each year, commencing in 2020, the Indenture Trustee and the Servicer shall notify the Transferor of any Form 10-K Disclosure Item, together with a description of any such Form 10-K Disclosure Item, in form
          and substance reasonably acceptable to the Transferor.

    

    

    Section 7.05.  Report on Assessment of Compliance and Attestation. 
          So long as the Transferor is required to file Exchange Act Reports, on or before March 15 of each calendar year, commencing in 2020:

    

    

    (a)          The Indenture Trustee shall deliver
        to the Transferor and the Servicer the Servicing Criteria Assessment.  Such report shall be signed by an Authorized Officer of the Indenture Trustee and shall at a minimum address each of the Servicing Criteria specified with respect to the
        Indenture Trustee in Exhibit E to the 2019-A Servicing Supplement (provided that such certification may be revised after the date of this 2019-A Exchange Note Supplement as agreed by the Transferor and the Indenture Trustee to reflect any guidance
        with respect to such criteria from the Commission).  To the extent any of the Servicing Criteria are not applicable to the Indenture Trustee, with respect to asset-backed securities transactions taken as a whole involving the Indenture Trustee and
        that are backed by the same asset type backing the Notes, such report shall include such a statement to that effect.  The Indenture Trustee acknowledges and agrees that the Transferor and the Servicer with respect to its duties as the Certifying
        Person, and each of their respective officers and directors shall be entitled to rely upon each such Servicing Criteria Assessment and the attestation delivered pursuant to Section 7.05(b).

    

    

    (b)          The Indenture Trustee shall deliver
        to the Transferor and the Servicer a report of a registered public accounting firm that attests to, and reports on, the assessment of compliance made by the Indenture Trustee and delivered pursuant to Section 7.05(a).  Such attestation shall be in
        accordance with Rules 13a‐18 and 15d-18 of the Exchange Act (or any successor provisions), Rules 1-02(a)(3) and 2-02(g) of Regulation S-X (or any successor provisions) under the Securities Act and the Exchange Act, including, that, in the event
        that an overall opinion cannot be expressed, such registered public accounting firm shall state in such report why it was unable to express such an opinion.  Such report must be available for general use and not contain restricted use language.

    

    

    (c)          In the event the Indenture Trustee is
        terminated or resigns during the term of this 2019-A Exchange Note Supplement, such Person shall provide the documents and information pursuant to this 2019-A Exchange Note Supplement with respect to the period of time it was subject to this 2019-A
        Exchange Note Supplement or provided services with respect to the Issuer or the 2019-A Reference Pool.

    

    

    
      13

      
        

    

    Section 7.06.  Back-up Sarbanes-Oxley Certification.

    

    

    (a)          No later than March 15th of each year, beginning in 2020, the Servicer shall provide the Performance Certification to the Certifying Person, substantially in the form of  Exhibit D to the 2019-A Servicing Supplement
        (in the case of the Servicer), in each case on which the Certification Parties can reasonably rely; provided, that so long as the Servicer is an Affiliate of the Transferor, the Servicer may, but is not required to deliver the Performance
        Certificate.

    

    

    (b)          The Transferor will not request delivery of a
        certification under this clause unless the Transferor is required under the Exchange Act to file an annual report on Form 10-K with respect to the Issuer.  In the event that prior to the filing date of the Form 10-K in March of each year, the
        Servicer has actual knowledge of information material to the Sarbanes-Oxley Certification, the Servicer shall promptly notify the Transferor.

    

    

    Section 7.07.  Representations and Warranties.  As of the 2019-A Closing
            Date, the Indenture Trustee represents that:

    

    

    (i)          there are no affiliations relating
        to the Indenture Trustee with respect to any Item 1119 Party;

    

    

    (ii)         there are no relationships or
        transactions with respect to any Item 1119 Party and the Indenture Trustee that are outside the ordinary course of business or on terms other than would be obtained in an arm’s-length transaction with an unrelated third party, apart from the
        transactions contemplated under the Basic Documents, and that are material to the investors’ understanding of the Notes; and

    

    

    (iii)        there are no legal Proceedings
        pending, or known by a Responsible Officer of the Indenture Trustee to be contemplated by Governmental Authorities, against the Indenture Trustee, or of which the property of the Indenture Trustee is subject, that is material to the Noteholders.

    

    

    Section 7.08.  Indemnification.

    

    

    (a)          Each of the Indenture Trustee and the Servicer (if the
        Servicer is not MBFS USA) shall indemnify the Transferor, the Servicer with respect to its duties as Certifying Person or each Person who controls any of such parties (within the meaning of Section 15 of the Securities Act and Section 20 of the
        Exchange Act) and the respective present and former directors, officers, employees and agents of each of the foregoing, and shall hold each of them harmless from and against any losses, damages, penalties, fines, forfeitures, legal fees and
        expenses and related costs, judgments, and any other costs, fees and expenses that any of them may sustain arising out of or based upon:

    

    

    (i)          (A) any untrue statement of a
        material fact contained or alleged to be contained in the Provided Information or (B) the omission or alleged omission to state in the Provided Information a material fact required to be stated in the Provided Information, or necessary in order to
        make the statements therein, in the light of the circumstances under which they were made, not misleading; provided, by way of clarification, that clause (B) shall be construed solely by reference to the related Provided Information and not to any
        other information communicated in connection with a sale or purchase of securities, without regard to whether the Provided Information or any portion thereof is presented together with or separately from such other information; or

    

    

    
      14

      
        

    

    (ii)          with respect to the Indenture
        Trustee, any failure by the Indenture Trustee to deliver any Servicing Criteria Assessment when and as required under this Article and with respect to the Servicer, any failure by the Servicer to deliver any information, report, certification,
        accountant’s letter or other material when and as required under Sections 6.03 or 6.04 of the 2019-A Servicing Supplement or this Article, as applicable.

    

    

    (b)          In the case of any failure of performance described in
        Section 7.08(a)(ii), each of the Indenture Trustee and the Servicer shall promptly reimburse the Transferor for all costs reasonably incurred by each such party in order to obtain the information, report, certification, accountants’ letter or other
        material not delivered as required by the Indenture Trustee or the Servicer, as applicable.

    

    

    (c)          Notwithstanding anything to the contrary contained
        herein, in no event shall the Indenture Trustee be liable for special, punitive, indirect or consequential damages of any kind whatsoever, including but not limited to lost profits, even if the Indenture Trustee has been advised of the likelihood
        of such loss or damage and regardless of the form of action.

    

    

    
      15

      
        

    

    ARTICLE EIGHT

    

    

    MISCELLANEOUS

    

    

    Section 8.01.  Amendments.

    

    

    (a)          Notwithstanding the provisions of Section 9.01 of the
        Basic Collateral Agency Agreement, this 2019-A Exchange Note Supplement and the Basic Collateral Agency Agreement, as supplemented by this 2019-A Exchange Note Supplement, may be amended, supplemented or otherwise modified from time to time by a
        writing executed by the parties hereto, 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 2019-A Exchange Note Supplement that are not inconsistent with the provisions of this 2019-A Exchange Note Supplement; provided, that (i) the Lender 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
        2019-A Exchange Note Supplement other than those provided for in Section 8.01(a) requires the consent of the Majority Noteholders (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 2019-A Leases and 2019-A 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 2019-A
        Reserve Account, without the consent of all Holders of Notes then Outstanding, or (ii) reduce the percentage of the Note Balance of the Outstanding Notes the consent of the Holders of which is required for any amendment to this 2019-A Exchange Note
        Supplement without the consent of all Holders of Notes then Outstanding.

    

    

    (c)          No amendment to this 2019-A Exchange Note Supplement
        shall reduce the 2019-A Exchange Note Interest Rate or the 2019-A Exchange Note Principal Distributable Amount or delay the Final Scheduled Payment Date of the 2019-A Exchange Note, or materially and adversely affect the interests of the 2019-A
        Exchange Noteholder, without the consent of the 2019-A Exchange Noteholder (which shall be the Indenture Trustee, acting at the direction of the Majority Noteholders).

    

    

    (d)          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.

    

    

    (e)          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 notify each holder of a Note of the substance of such amendment.

    

    

    
      16

      
        

    

    Section 8.02.  2019-A Exchange Noteholders Entitled to Benefits of this
            2019-A Exchange Note Supplement.  MBFS USA will be the initial 2019-A Exchange Noteholder.  Any subsequent 2019-A Exchange Noteholder, by accepting the 2019-A Exchange Note, will be deemed to have agreed to the terms and conditions of the
          Basic Collateral Agency Agreement, as supplemented by this 2019-A Exchange Note Supplement, and will be entitled to the benefits of the Basic Collateral Agency Agreement, as supplemented by this 2019-A Exchange Note Supplement, with the same
          effect as if such 2019-A Exchange Noteholder had been a party thereto or hereto.

    

    

    Section 8.03.  Tax Characterization.  Neither the 2019-A Exchange
          Noteholder or any party to this 2019-A Exchange Note Supplement will elect or permit an election to be made to treat the Titling Trust or any Specified Interest as an association taxable as a corporation for U.S. federal income tax purposes
          pursuant to Treasury Regulation Section 301.7701-3.

    

    

    Section 8.04.  GOVERNING LAW; SUBMISSION TO JURISDICTION;  APPOINTMENT
            OF AGENT FOR SERVICE OF PROCESS; WAIVER OF JURY TRIAL.

    

    

    (a)          THIS 2019-A EXCHANGE NOTE SUPPLEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, WITHOUT REGARD TO PRINCIPLES
            OF CONFLICT OF LAWS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.  THE PARTIES HERETO HEREBY DECLARE THAT IT IS THEIR INTENTION THAT THIS 2019-A EXCHANGE NOTE SUPPLEMENT
            SHALL BE REGARDED AS MADE UNDER THE LAWS OF THE STATE OF DELAWARE AND THAT THE LAWS OF SAID STATE SHALL BE APPLIED IN INTERPRETING ITS PROVISIONS IN ALL CASES WHERE LEGAL INTERPRETATION SHALL BE REQUIRED.  EACH OF THE PARTIES HERETO AGREES THAT
            THIS 2019-A EXCHANGE NOTE SUPPLEMENT INVOLVES AT LEAST $100,000.00 AND HAS BEEN ENTERED INTO BY THE PARTIES HERETO IN EXPRESS RELIANCE UPON 6 DEL. C. § 2708.

    

    

    (b)          EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY AGREES (A) TO BE SUBJECT TO THE JURISDICTION OF THE COURTS OF THE STATE OF DELAWARE AND
            OF THE FEDERAL COURTS SITTING IN THE STATE OF DELAWARE AND (B)(1) TO THE EXTENT SUCH PARTY IS NOT OTHERWISE SUBJECT TO SERVICE OF PROCESS IN THE STATE OF DELAWARE, TO APPOINT AND MAINTAIN AN AGENT IN THE STATE OF DELAWARE AS SUCH PARTY’S AGENT
            FOR ACCEPTANCE OF LEGAL PROCESS, AND (2) THAT, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, SERVICE OF PROCESS MAY ALSO BE MADE ON SUCH PARTY BY PREPAID CERTIFIED MAIL WITH A PROOF OF MAILING RECEIPT VALIDATED BY THE UNITED STATES POSTAL
            SERVICE CONSTITUTING EVIDENCE OF VALID SERVICE, AND THAT SERVICE MADE PURSUANT TO (B)(1)  OR (2) ABOVE SHALL, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, HAVE THE SAME LEGAL FORCE AND EFFECT AS IF SERVED UPON SUCH PARTY PERSONALLY WITHIN
            THE STATE OF DELAWARE.

    

    

    
      17

      
        

    

    (c)          EACH PARTY TO THIS 2019-A EXCHANGE NOTE 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 2019-A BASIC DOCUMENT OR THE TRANSACTIONS CONTEMPLATED BY ANY 2019-A BASIC DOCUMENT.

    

    

    Section 8.05.  Successors and Assigns.  All covenants and agreements
          contained in this 2019-A Exchange Note Supplement shall be binding upon, and inure to the benefit of, the parties hereto and their respective successors and assigns, whether so expressed or not.  Any request, notice, direction, consent, waiver or
          other instrument or action by the parties hereto shall bind their respective successors and assigns.

    

    

    Section 8.06.  Severability.  If any one or more of the covenants,
          agreements, provisions or terms of this 2019-A Exchange Note Supplement or the 2019-A Exchange Note is held invalid, illegal or unenforceable, then such covenants, agreements, provisions and terms will be deemed severable from the remaining
          covenants, agreements, provisions and terms of this 2019-A Exchange Note Supplement and the 2019-A Exchange Note and will in no way affect the validity, legality or enforceability of the other covenants, agreements, provisions and terms of this
          2019-A Exchange Note Supplement and the 2019-A Exchange Note.

    

    

    Section 8.07.  Counterparts.  This 2019-A Exchange Note Supplement
          may be executed in any number of counterparts, each of which counterparts will be an original, and all of which counterparts will together constitute one and the same instrument.

    

    

    Section 8.08.  Table of Contents and Headings.  The Table of
          Contents and the various headings in this 2019-A Exchange Note Supplement are included for convenience only and will not affect the meaning or interpretation of any provision of this 2019-A Exchange Note Supplement.

    

    

    Section 8.09.  No Petition.  The Administrative Agent, the
          Collateral Agent and the Lender, by entering into this 2019-A Exchange Note Supplement, and the 2019-A Exchange Noteholder, by taking delivery of the 2019-A Exchange Note, 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 obligations under the Basic Collateral Agency Agreement, this 2019-A Exchange Note Supplement, the Exchange Notes, the 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 Notes, the 2019-A Exchange Note or the 2019-A Basic Documents and agrees that it will not cooperate with or encourage others to institute any such Proceeding.

    

    

    Section 8.10.  No Recourse.  It is expressly understood and agreed
          by the parties that (i) this 2019-A Exchange Note Supplement 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.

    

    

    
      18

      
        

    

    IN WITNESS WHEREOF, the parties hereto have caused this 2019-A Exchange Note Supplement to be duly executed by their respective officers
        duly authorized, as of the day and year first above written.

    

    

    	 	
            DAIMLER 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:

          
	 	 	 
	 	
            MERCEDES-BENZ FINANCIAL SERVICES USA LLC, as Lender

          
	 	 
	 	
            By:

          	 
	 	

          	
            Name:

          
	 	

          	
            Title:

          
	 	 	 
	 	
            MERCEDES-BENZ FINANCIAL SERVICES USA LLC, as Servicer

          
	 	 
	 	
            By:

          	 
	 	
            

            

          	
            Name:

          
	 	

          	
            Title:

          
	 	 	 
	 	
            DAIMLER TITLE CO.,

          
	 	
            as Collateral Agent

          
	 	 
	 	
            By:

          	 
	 	
            

            

          	
            Name:

          
	 	
            

            

          	
            Title:

          

    

    

    
      	
              

              

            	
              
                2019-A Exchange Note Supplement

              

            

       

      

    

    
      
        

    

    	 	
            U.S. BANK NATIONAL ASSOCIATION, as Indenture Trustee

          
	 	 
	 	
            By:

          	 
	 	

          	
            Name:

          
	 	

          	
            Title:

          
	 	 
	 	
            U.S. BANK TRUST  NATIONAL ASSOCIATION, as Administrative Agent

          
	 	 
	 	
            By:

          	 
	 	
            

            

          	
            Name:

          
	 	
            

            

          	
            Title:

          

    

    

    
      
        	
                

                

              	
                2019-A Exchange Note Supplement

              

      

       

      

    

    
      
        

    

    
    EXHIBIT A

    

    

    FORM OF 2019-A EXCHANGE NOTE

    

    

    THIS 2019-A EXCHANGE NOTE MAY BE TRANSFERRED PRIOR TO THE OCCURRENCE AND CONTINUANCE OF AN EVENT OF DEFAULT, ONLY IN WHOLE AND NOT IN PART
        AND SUBSEQUENT TO THE OCCURRENCE AND CONTINUANCE OF AN EVENT OF DEFAULT, EITHER IN WHOLE OR IN PART.  ANY TRANSFER IN VIOLATION OF THE FOREGOING WILL BE OF NO FORCE AND EFFECT, WILL BE VOID FROM THE BEGINNING AND WILL NOT OPERATE TO TRANSFER ANY
        RIGHTS TO THE PURCHASER OR TRANSFEREE, NOTWITHSTANDING ANY INSTRUCTIONS TO THE CONTRARY TO THE LENDER, THE BORROWER, THE ADMINISTRATIVE AGENT OR ANY INTERMEDIARY.

    

    

    A HOLDER OF THIS 2019-A EXCHANGE NOTE WILL BE DEEMED TO HAVE REPRESENTED AND WARRANTED THAT IT IS NOT, AND IS NOT ACTING ON BEHALF OF, OR
        USING THE ASSETS OF (A) AN “EMPLOYEE BENEFIT PLAN” AS DEFINED IN SECTION 3(3) OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), THAT IS SUBJECT TO TITLE I OF ERISA, (B) A “PLAN”, AS DEFINED IN SECTION 4975(e)(1) OF THE
        INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”), THAT IS SUBJECT TO SECTION 4975 OF THE CODE, (C) 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 (D) A GOVERNMENTAL, CHURCH, NON-U.S. OR OTHER PLAN THAT IS SUBJECT TO 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.

    

    

    THE PURCHASER UNDERSTANDS AND AGREES THAT ANY PURPORTED TRANSFER OF THIS 2019-A EXCHANGE NOTE OR ANY INTEREST HEREIN IN CONTRAVENTION OF
        ANY OF THE RESTRICTIONS AND CONDITIONS CONTAINED IN SECTION 4.03 OF THE BASIC COLLATERAL AGENCY AGREEMENT SHALL BE VOID AND OF NO EFFECT.

    

    

    THE PRINCIPAL OF THIS 2019-A EXCHANGE NOTE IS PAYABLE IN INSTALLMENTS AS SET FORTH HEREIN.  ACCORDINGLY, THE OUTSTANDING PRINCIPAL AMOUNT
        OF THIS 2019-A EXCHANGE NOTE AT ANY TIME MAY BE LESS THAN THE AMOUNT SHOWN ON THE FACE HEREOF.

     

      

    	
            Registered $____________

          	
            No.  __

          

     

      

    2019-A EXCHANGE NOTE

    

    

    
      A-1

      
        

    

    DAIMLER TRUST, as Borrower (the “Borrower”), for value received, hereby promises to pay to MERCEDES-BENZ FINANCIAL SERVICES USA LLC, as
        2019-A Exchange Noteholder (the “2019-A Exchange Noteholder”), for its benefit and the benefit of the other Transferees from time to time acquiring interests herein pursuant to the 2019-A Exchange Note Supplement, dated as of January 1, 2019 (the
        “Exchange Note Supplement”), among the Borrower, Mercedes-Benz Financial Services USA LLC, as Lender (in such capacity, the “Lender”) and Servicer (in such capacity, the “Servicer”), U.S. Bank Trust National Association, as Administrative Agent
        (the “Administrative Agent”), Daimler Title Co., as Collateral Agent (the “Collateral Agent”), and U.S. Bank National Association, as Indenture Trustee (the “Indenture Trustee”), to the Amended and Restated Collateral Agency Agreement, dated as of
        March 1, 2009 (the “Basic Collateral Agency Agreement”), among the Borrower, the Lender, the Servicer, the Administrative Agent and the Collateral Agent, and other transferees or registered assigns, the principal sum of
        _________________________________________ DOLLARS AND __________ CENTS ($__________) payable on each Payment Date in an amount described in Sections 5.01 and 5.02 of the Exchange Note Supplement; provided, however, that (i) the entire unpaid
        principal amount of this Note will be due and payable on the October, 2024 Payment Date (the “2019-A Exchange Note Final Scheduled Payment Date”) and (ii) the 2019-A Exchange Note may be redeemed earlier than the 2019-A Exchange Note Final
        Scheduled Payment Date pursuant to Section 5.01 of the 2019-A Servicing Supplement, dated as of January 1, 2019 (the “2019-A Servicing Supplement”), among the Lender, the Servicer, the Borrower and Daimler Title Co., as Collateral Agent. 
        Capitalized terms used herein that are not otherwise defined shall have the meanings ascribed thereto in Appendix 1 to the 2019-A Servicing Supplement or, if not defined therein, in Appendix A to the Basic Collateral Agency Agreement.  Appendix 1
        also contains rules as to usage applicable to this 2019-A Exchange Note.

    

    

    The Borrower will pay interest on this 2019-A Exchange Note in an amount equal to the 2019-A Exchange Note Interest Distributable Amount,
        and principal on this 2019-A Exchange Note in an amount equal to the 2019-A Exchange Note Principal Distributable Amount, in each case, until the principal of this 2019-A Exchange Note is paid or made available for payment.  Such principal of and
        interest on this 2019-A Exchange Note will be paid in the manner specified on the reverse hereof.

    

    

    The principal of and interest on this 2019-A Exchange Note are payable in such coin or currency of the United States as at the time of
        payment is legal tender for payment of public and private debts.  All payments made by the Borrower with respect to this 2019-A Exchange Note will be applied to interest on and principal of this 2019-A Exchange Note in the manner set forth in the
        Exchange Note Supplement.

    

    

    This 2019-A Exchange Note is a security governed by Article 8 of the Uniform Commercial Code.

    

    

    Reference is made to the further provisions of this 2019-A Exchange Note set forth on the reverse hereof, which will have the same effect
        as though fully set forth on the face of this 2019-A Exchange Note.

    

    

    Unless the certificate of authentication hereon has been executed by the Administrative Agent whose name appears below by manual or
        facsimile signature, this 2019-A Exchange Note will not be entitled to any benefit under the Basic Collateral Agency Agreement or the Exchange Note Supplement referred to on the reverse hereof, or be valid or obligatory for any purpose.

    

    

    
      A-2

      
        

    

    IN WITNESS WHEREOF, the Borrower has caused this 2019-A Exchange Note to be signed, manually or in facsimile, by its Authorized Officer, as
        of the date set forth below.

     

      

    	
            Date:   January __, 2019

          	
            DAIMLER 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:

          

    

    

    ADMINISTRATIVE AGENT’S CERTIFICATE OF AUTHENTICATION

    

    

    This is the 2019-A Exchange Note designated above and referred to in the within-mentioned Basic Collateral Agency Agreement and Exchange
        Note Supplement.

    

    

    	
            Date:   January __, 2019

          	
            U.S. BANK TRUST NATIONAL ASSOCIATION, not in its individual capacity but solely as Administrative Agent

          

    

    

    	

          	
            By:

          	 
	

          	 	
            Authorized Officer

          

     

    

    
      A-3

      
        

    

    REVERSE OF 2019-A EXCHANGE NOTE

    

    

    This 2019-A Exchange Note is one of the duly authorized issue of Exchange Notes, which may be issued under the Basic Collateral Agency
        Agreement, to which Basic Collateral Agency Agreement and all Exchange Note Supplements that are supplemental thereto reference is made for a statement of the respective rights and obligations thereunder of the Borrower, the Lender, the Servicer,
        the Administrative Agent, the Collateral Agent and the Exchange Noteholders.  The 2019-A Exchange Note is subject to all terms of the Basic Collateral Agency Agreement and the Exchange Note Supplement.  In the event of a conflict between the terms
        of this 2019-A Exchange Note, the Basic Collateral Agency Agreement and the Exchange Note Supplement, the terms of the Exchange Note Supplement will prevail.  The 2019-A Exchange Noteholder, by accepting this 2019-A Exchange Note, will be deemed to
        have agreed to the terms and conditions of the Basic Collateral Agency Agreement and the Exchange Note Supplement with the same effect as if such 2019-A Exchange Noteholder had been a party to the Basic Collateral Agency Agreement and the 2019-A
        Exchange Note Supplement.

    

    

    Interest on and principal of the 2019-A Exchange Note will be payable in accordance with the priority of payments set forth in Sections
        5.01 and 5.02 of the Exchange Note Supplement.  Principal of the 2019-A Exchange Note will be payable on each Payment Date in an amount equal to the 2019-A Exchange Note Principal Distributable Amount for such Payment Date.  “Payment Date” means
        the 15th day of each calendar month or, if any such day is not a Business Day, the next Business Day, commencing February 15, 2019.

    

    

    As described on the face hereof, the entire unpaid principal amount of this 2019-A Exchange Note will be due and payable on the 2019-A
        Exchange Note Final Scheduled Payment Date.  Notwithstanding the foregoing, the entire unpaid principal amount of this 2019-A Exchange Note will be due and payable on the date on which an Exchange Note Default with respect to the 2019-A Exchange
        Note has occurred and is continuing and the 2019-A Exchange Noteholder has declared the 2019-A Exchange Note to be immediately due and payable in the manner provided in the Basic Collateral Agency Agreement.

    

    

    Payments of interest on this 2019-A Exchange Note on each Payment Date, together with the installment of principal to the extent not in
        full payment of this 2019-A Exchange Note, will be made to the account of the 2019-A Exchange Noteholder either by wire transfer in immediately available funds, to the account of such 2019-A Exchange Noteholder or an account designated by the
        2019-A Exchange Noteholder at a bank or other entity having appropriate facilities therefor if such 2019-A Exchange Noteholder has provided to the Exchange Note Registrar appropriate written instructions at least five Business Days prior to such
        Payment Date or, if not, by check mailed first-class mail postage prepaid to the 2019-A Exchange Noteholder’s address as it appears on the Exchange Note Register prior to such Payment Date, except that the final installment of principal payable on
        this 2019-A Exchange Note on a Payment Date or the 2019-A Exchange Note Final Scheduled Payment Date will be payable only upon the presentation and surrender of this 2019-A Exchange Note in the manner set forth in Section 4.05 of the Basic
        Collateral Agency Agreement.  Such payments will be made without requiring that this 2019-A Exchange Note be submitted for notation of payment.  Any reduction in the principal amount of this 2019-A Exchange Note effected by any payments made on any
        Payment Date will be binding upon all future 2019-A Exchange Noteholders of this 2019-A Exchange

    

    

    
      A-4

      
        

    

    Note and of any 2019-A Exchange Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof, whether or not noted hereon.  If
        funds are expected to be available, as provided in the Exchange Note Supplement and the Basic Collateral Agency Agreement, for payment in full of the then remaining unpaid principal amount of this 2019-A Exchange Note on a Payment Date, then the
        Administrative Agent will notify the 2019-A Exchange Noteholder of the date on which the Borrower expects that the final installment of principal of and interest on the 2019-A Exchange Note will be paid not later than 15 days prior to such date. 
        Such notice will specify that such final installment will be payable only upon presentation and surrender of the 2019-A Exchange Note and will specify the place where the 2019-A Exchange Note may be presented and surrendered for payment of such
        installment.

    

    

    As provided in the 2019-A Servicing Supplement, the 2019-A Exchange Note may be purchased by the Servicer, in whole but not in part, in the
        manner and to the extent described in Section 5.01 of the 2019-A Servicing Supplement.

    

    

    The transfer of this 2019-A Exchange Note is subject to the restrictions on transfer specified on the face hereof and to the other
        limitations set forth in the Basic Collateral Agency Agreement and the Exchange Note Supplement.  Subject to the satisfaction of such restrictions and limitations, the transfer of this 2019-A Exchange Note may be registered on the Exchange Note
        Register upon surrender of this 2019-A Exchange Note for registration of transfer at the office or agency designated by the Borrower pursuant to the Basic Collateral Agency Agreement, duly endorsed by, or accompanied by a written instrument of
        transfer in form satisfactory to the Administrative Agent duly executed by, the 2019-A Exchange Noteholder hereof or the 2019-A Exchange Noteholder’s attorney duly authorized in writing, with such signature guaranteed by an “eligible guarantor
        institution” meeting the requirements of the Exchange Note Registrar, and thereupon a new 2019-A Exchange Note in the same aggregate principal amount will be issued to the designated transferee.  No service charge will be charged for any
        registration of transfer or exchange of this 2019-A Exchange Note, but the transferor may be required to pay a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any such registration of transfer or
        exchange.

    

    

    The 2019-A Exchange Noteholder, by accepting this 2019-A Exchange Note, acknowledges and agrees that (i) if an Insolvency Event occurs with
        respect to the Borrower, any claim that the 2019-A Exchange Noteholder may seek to enforce at any time against the Borrower will be limited in recourse to the 2019-A Reference Pool, (ii) if, notwithstanding clause (i) above, the 2019-A Exchange
        Noteholder is deemed to have any claim against the assets of the Borrower other than the assets included in the 2019-A Reference Pool, whether by operation of law, legal process, pursuant to Insolvency Laws or otherwise (including by virtue of
        Section 1111(b) of the Bankruptcy Code), such claim will be subordinate to the payment in full, including post-petition interest, of the claims of the Lender and to the holders of (a) all other Exchange Notes and (b) in the case of assets allocated
        to a Specified Interest other than the Daimler Retail Specified Interest, all other asset-backed securities, the payments on which are derived primarily from collections on designated assets of the Borrower and all related hedging arrangements and
        (iii) the 2019-A Exchange Noteholder irrevocably makes the election afforded to secured creditors by Section 1111(b)(I)(A)(i) of the Bankruptcy Code to receive the treatment afforded by Section 1111(b)(2) of the Bankruptcy Code with respect to any
        secured claim that such holder or party, as the case may be, may have against the Titling Trust or against any Series other than the Series in connection with which this 2019-A Exchange Note is issued.

    

    

    
      A-5

      
        

    

    THE RECITATION SET FORTH IN THE PRECEDING PARAGRAPH WILL BE DEEMED TO CONSTITUTE AN ENFORCEABLE SUBORDINATION AGREEMENT WITHIN THE MEANING
        OF SECTION 510(a) OF THE BANKRUPTCY CODE.

    

    

    In addition, the 2019-A Exchange Noteholder, by accepting this 2019-A Exchange Note, (i) consents to the Administrative Agent’s delegation
        under the Administration Agreement to the Collateral Agent Administrator of certain of the duties that the Administrative Agent is required to perform on behalf of the Collateral Agent pursuant to the Basic Collateral Agency Agreement and (ii)
        agrees that, in the event that any 2019-A Vehicle is sold or otherwise disposed of by the Servicer pursuant to the 2019-A Servicing Agreement, it will be deemed automatically to release, and immediately prior to such sale or other disposition, does
        hereby agree to release at such time, any and all Liens and other rights and interests it possesses or may possess from time to time, without further action of the parties, in, to and under such 2019-A Vehicle, the proceeds thereof (including
        pursuant to any Insurance Policy) with respect to or covering such 2019-A Vehicle and any contract or agreement for the sale or other disposition of such 2019-A Vehicle.  Notwithstanding the foregoing, nothing herein shall constitute a release of
        any rights under the 2019-A Basic Documents to receive an amount equal to the proceeds of such sale or other disposition.

    

    

    The 2019-A Exchange Noteholder, by accepting this 2019-A Exchange Note, 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 Secured Obligations under the Basic Collateral Agency Agreement, the Exchange Note Supplement, the Exchange Notes, the outstanding Certificates and the outstanding
        Securities, it will not institute against the Titling Trust, the Initial Beneficiary or the Transferor, or join in any institution against the Titling Trust, the Initial Beneficiary or the Transferor of, any bankruptcy, reorganization, arrangement,
        insolvency or liquidation Proceedings, or other Proceedings under any Insolvency Law in connection with any obligations relating to the 2019-A Exchange Note, the Basic Collateral Agency Agreement, the Exchange Note Supplement or any of the other
        2019-A Basic Documents and agrees that it will not cooperate with or encourage others to institute any such Proceedings.

    

    

    The Borrower has entered into the Exchange Note Supplement and this 2019-A Exchange Note is issued with the intention that, for U.S.
        federal, State and local income, single business and franchise tax purposes, this 2019-A Exchange Note will represent ownership of the 2019-A Reference Pool.  The 2019-A Exchange Noteholder, by its acceptance of this 2019-A Exchange Note, will be
        deemed to agree to treat this 2019-A Exchange Note for U.S. federal, State and local income, single business and franchise tax purposes in accordance with such treatment unless otherwise required by law.

    

    

    Prior to the due presentment for registration of transfer of this 2019-A Exchange Note, the Borrower and the Administrative Agent and any
        agent of the Borrower or the Administrative Agent may treat the Person in whose name this 2019-A Exchange Note (as of the day of determination or as of such other date as may be specified in the Exchange Note Supplement) is registered as the owner
        hereof for all purposes, whether or not this 2019-A Exchange Note is overdue, and none of the Borrower, the Administrative Agent or any such agent will be affected by notice to the contrary.

    

    

    
      A-6

      
        

    

    The Basic Collateral Agency Agreement permits the amendment thereof (in any manner and for any purpose) by the parties thereto so long as
        each Exchange Noteholder of an Outstanding Exchange Note has consented to such amendment.  The Basic Collateral Agency Agreement also permits the amendment thereof to amend or waive certain terms and conditions set forth therein without the consent
        of the Exchange Noteholders; provided certain conditions are satisfied.  Any such consent by the 2019-A Exchange Noteholder will be conclusive and binding upon the 2019-A Exchange Noteholder and upon all future holders of this 2019-A Exchange Note
        and of any 2019-A Exchange Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof whether or not notation of such consent or waiver is made upon this 2019-A Exchange Note.

    

    

    THIS 2019-A EXCHANGE NOTE, THE BASIC COLLATERAL AGENCY AGREEMENT AND THE EXCHANGE NOTE SUPPLEMENT WILL BE GOVERNED BY,
        AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF DELAWARE.

    

    

    No reference herein to the Basic Collateral Agency Agreement or the Exchange Note Supplement, and no provision of this 2019-A Exchange Note
        or of the Basic Collateral Agency Agreement, will alter or impair the obligation of the Borrower, which is absolute and unconditional, to pay the principal of and interest on this 2019-A Exchange Note at the times, place and rate, and in the coin
        or currency herein prescribed.

    

    

    Anything herein to the contrary notwithstanding, except as expressly provided in the 2019-A Basic Documents, none of U.S. Bank Trust
        National Association in its individual capacity, or Daimler Title Co., in its individual capacity, or any of their respective affiliates, partners, beneficiaries, agents, officers, directors, employees or successors or assigns, will be personally
        liable for, nor will recourse be had to any of them for, the payment of principal of or interest on this 2019-A Exchange Note or performance of, or omission to perform, any of the covenants, obligations or indemnifications contained in the Basic
        Collateral Agency Agreement or the Exchange Note Supplement.  The 2019-A Exchange Noteholder, by its acceptance hereof, agrees that, except as expressly provided in the 2019-A Basic Documents, in the case of an Exchange Note Default under the Basic
        Collateral Agency Agreement or the Exchange Note Supplement, the 2019-A Exchange Noteholder will have no claim against any of the foregoing for any deficiency, loss or claim therefrom; provided,  however, that nothing contained herein will be taken
        to prevent recourse to, and enforcement against, the assets of the Borrower for any and all liabilities, obligations and undertakings contained in the Basic Collateral Agency Agreement, the Exchange Note Supplement or in this 2019-A Exchange Note.

    

    

    
      A-7

      
        

    

    ASSIGNMENT

    

    

    Social Security or taxpayer I.D.  or other identifying number of assignee.

     

      

     
      	
              FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers without recourse unto

            	
               

            
	
              (name and address of assignee)

            

    

    

    

    the within 2019-A Exchange Note and all rights thereunder, and hereby irrevocably constitutes and appoints, attorney, to transfer said 2019-A Exchange Note on
        the books kept for registration thereof, with full power of substitution in the premises.

    

    

    	
            Date:

          
	 	 
	
            Signature Guaranteed:*

          

    

    

    

  
     

        

    * Note: The signature to this assignment must correspond with the name of the
        registered owner as it appears on the face of the within 2019-A Exchange Note in every particular, without alteration, enlargement or any change whatsoever.

     

      

    
      A-8

      
        

    

    
    EXHIBIT B

    

    

    SCHEDULE OF 2019-A REFERENCE POOL ASSETS

    

    

    (On file with the Collateral Agent)

    

    

    
      B-1

      
        

    

    
    SCHEDULE A

    

    

    ITEM 1119 PARTIES

    

    

    Transferor

    Seller

    Servicer

    Indenture Trustee

    Owner Trustee

    Collateral Agent

    Titling Trust

    Asset Representations Reviewer

    

    

    
      SA-1

      
        

    

    
    SCHEDULE B

    

    

    DISCLOSURE ITEMS

    

    

    Part II - Form 10-D Disclosure Items

     

      

    	 	
            FORM 10-D DISCLOSURE ITEMS

             

          
	 	
            Item on Form 10-D

          	
            Responsible Party

          
	 	
            Item 1: Distribution and Pool Performance Information

             

          	 
	 	
            Information included in the Monthly Investor Report

          	
            Servicer

            Administrator

             

          
	 	
            Any information required by Item 1121(a) and (b) which is NOT included on the Monthly Investor Report

             

          	
            Depositor

          
	 	
            Item 1A. Asset-Level Information.

             

          	 
	 	
            Information required by Item 1111 and Item 1125; Schedule AL – Asset-level information.

             

          	
            Servicer

          
	 	
            Item 1B. Asset Representations Reviewer and Investor Communication.

             

          	 
	 	
            Item 1121(d) – Asset Review

             

          	
            Servicer

          
	 	
            Item 1121(e) – Investor Communication

             

          	
            Indenture Trustee

            Servicer

          
	 	
            Item 2: Legal Proceedings

             

            ·      Any legal Proceeding pending against
                the following entities or their respective property, that is material to Certificateholders, including any Proceeding known to be contemplated by governmental authorities:

          	

          
	 	
            ·      Issuing Entity (Trust Fund)

          	
            Depositor

          
	 	
            ·      Sponsor (Seller)

          	
            Seller (if a party to the Sales and Servicing Agreement) or Depositor

          
	 	
            ·      Depositor

          	
            Depositor

          
	 	
            ·       Indenture Trustee

          	
            Indenture Trustee

          
	 	
            ·       Administrator

          	
            Administrator

          
	 	
            ·       Servicer

          	
            Servicer

          
	 	
            ·       Owner Trustee

          	
            Owner Trustee

          
	 	
            ·       1110(b) Originator

          	
            Depositor

          
	 	
            ·       Any 1108(a)(2) Servicer (other than
                the Servicer or Administrator)

          	
            Depositor

          
	 	
            ·       Any other party contemplated by
                1100(d)(1)

          	
            Depositor

          

    

    

    
      SB-1

      
        

    

    	 	
            FORM 10-D DISCLOSURE ITEMS

             

              

          
	 	
            Item on Form 10-D

          	
            Responsible Party

          
	 	
            Item 3: Sale of Securities and Use of Proceeds

             

            Information from Item 2(a) of Part II of Form 10-Q

             

            With respect to any sale of securities by the sponsor, depositor or issuing entity, that are backed by the same asset pool or are otherwise issued by
                the issuing entity, whether or not registered, provide the sales and use of proceeds information in Item 701 of Regulation S-K.  Pricing information can be omitted if securities were not registered.

             

          	
            Depositor

          
	 	
            Item 4: Defaults Upon Senior Securities

             

            Information from Item 3 of Part II of Form 10-Q

             

            Report the occurrence of any Event of Default (after expiration of any grace period and provision of any required notice)

             

          	
            Administrator

             

             

          
	 	
            Item 5: Submission of Matters to a Vote of Security Holders

             

            Information from Item 4 of Part II of Form 10-Q

             

          	
            Administrator

            Indenture Trustee

          
	 	
            Item 6: Significant Obligors of Pool Assets

             

            Item 1112(b) – Significant Obligor Financial Information*

             

          	
            Depositor

          
	 	
            *This information need only be reported on the Form 10-D for the distribution period in which updated information is required pursuant to the Item.

             

          	 
	 	
            Item 7. Change in Sponsor Interest in the Securities.

          	 
	 	
            Item 1124 – Sponsor Interest in the Securities, with respect
                to the reporting period covered by this report

             

          	
            Sponsor

            Servicer

          
	 	
            Item 8: Significant Enhancement Provider Information

             

            Item 1114(b)(2) – Credit Enhancement Provider Financial Information*

             

             

          	 
	 	
            ·      Determining applicable disclosure
                threshold

          	
            Depositor

          
	 	
            ·      Requesting required financial
                information (including any required accountants’ consent to the use thereof) or effecting incorporation by reference

             

          	
            Depositor

             

             

          
	 	
            Item 1115(b) – Derivative Counterparty Financial Information*

             

          	 
	 	
            ·      Determining current maximum probable
                exposure

          	
            Depositor

          
	 	
            ·      Determining current significance
                percentage

          	
            Depositor

          
	 	
            ·      Requesting required financial
                information (including any required accountants’ consent to the use thereof) or effecting incorporation by reference

             

          	
            Depositor

             

             

          

    

    

    
      SB-2

      
        

    

    	 	
            FORM 10-D DISCLOSURE ITEMS

             
	 	
            Item on Form 10-D

          	
            Responsible Party

          
	 	
            *This information need only be reported on the Form 10-D for the distribution period in which updated information is required pursuant to the Items.

             

          	 
	 	
            Item 9: Other Information

             

            Disclose any information required to be reported on Form 8-K during the period covered by the Form 10-D but not reported

             

          	 	
            Any party responsible for the applicable Form 8-K Disclosure item

          
	 	
            Item 10: Exhibits

          	 
	 	
             

            Monthly Statement to Noteholders

             

          	
            Administrator

          
	 	
            Exhibits required by Item 601 of Regulation S-K, such as material agreements

             

          	
            Depositor

          

    

    

    
      SB-3

      
        

    

    Part III - Form 10-K Disclosure Items

     

      

    	 	
            FORM 10-K DISCLOSURE ITEMS

             

              

          
	 	
            Item on Form 10-K

             

              

          	 	
            Responsible Party

          
	 	
            Item 1B: Unresolved Staff Comments

             

          	 	
            Depositor

          

	 	
            Item 9B: Other Information

          	 	
            Any party responsible for disclosure items on Form 8-K

          
	 	
            Item 15: Exhibits, Financial Statement Schedules

          	 	
            Depositor

          
	 	
            Additional Item:

             

            Disclosure per Item 1117 of Reg AB

          	 	
            (i) All parties to the Sale and Servicing Agreement (as to themselves), (ii) the Depositor as to the issuing entity, (iii) the Depositor as to the
                sponsor, any 1106(b) originator, any 1100(d)(1) party

          
	 	
            Additional Item:

             

            Disclosure per Item 1119 of Reg AB

          	 	
            (i) All parties to the Sale and Servicing Agreement (as to themselves), (ii) the Depositor as to the sponsor, originator, significant obligor,
                enhancement or support provider

          
	 	
            Additional Item:

             

            Disclosure per Item 1112(b) of Reg AB

          	 	
            Depositor/ Servicer

          
	 	
            Additional Item:

             

            Disclosure per Items 1114(b) and 1115(b) of Reg AB

             

          	 	
            Depositor

          

    

    

    
      SB-4

      
        

    

    Part IV - Form 8-K Disclosure (Reportable Events)

     

      

    	
            FORM 8-K DISCLOSURE (REPORTABLE EVENTS)

             

          

    	 	
            Item on Form 8-K

          	 	
            Responsible Party

             

          
	 	
            Item 1.01- Entry into a Material Definitive Agreement

             

            Disclosure is required regarding entry into or amendment of any definitive agreement that is material to the securitization, even if depositor is not
                a party.

             

            Examples: servicing agreement, custodial agreement.

             

            Note: disclosure not required as to definitive agreements that are fully disclosed in the prospectus.

             

          	 	
            All parties as to themselves

          
	 	
            Item 1.02- Termination of a Material Definitive Agreement

             

            Disclosure is required regarding termination of any definitive agreement that is material to the securitization (other than expiration in accordance
                with its terms), even if depositor is not a party.

             

            Examples: servicing agreement, custodial agreement.

             

          	 	
            All parties as to themselves

          
	 	
            Item 1.03- Bankruptcy or Receivership

             

            Disclosure is required regarding the bankruptcy or receivership, with respect to any of the following:

             

          	 	
            Depositor

          
	 	
            ·          Sponsor (Seller)

          	 	
            Depositor/Sponsor (Seller)

          
	 	
            ·          Depositor

          	 	
            Depositor

          
	 	
            ·          Servicer

          	 	
            Servicer

          
	 	
            ·          Affiliated Servicer

          	 	
            Servicer

          
	 	
            ·          Other Servicer servicing 20% or
                more of the pool assets at the time of the report

          	 	
            Servicer

          
	 	
            ·          Other material servicers

          	 	
            Servicer

          
	 	
            ·          Indenture Trustee

          	 	
            Indenture Trustee

          
	 	
            ·          Administrator

          	 	
            Administrator

          
	 	
            ·          Significant Obligor

          	 	
            Depositor

          
	 	
            ·          Credit Enhancer (10% or more)

          	 	
            Depositor

          
	 	
            ·          Derivative Counterparty

          	 	
            Depositor

          
	 	
            ·          Owner Trustee

             

          	 	
            Owner Trustee

          
	 	
            Item 2.04- Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet
                Arrangement

             

            Includes an early amortization, performance trigger or other event, including event of default, that would materially alter the payment
                priority/distribution of cash flows/amortization schedule.

             

            Disclosure will be made of events other than waterfall triggers which are disclosed in the monthly statements to the certificateholders.

             

          	 	
            Depositor

             

            Servicer

             

            Administrator

          

    

    

    
      SB-5

      
        

    

    	 	
            FORM 8-K DISCLOSURE (REPORTABLE EVENTS)

             

              

          
	 	
            Item on Form 8-K

             

              

          	 	
            Responsible Party

          
	 	
            Item 3.03- Material Modification to Rights of Security Holders

             

            Disclosure is required of any material modification to documents defining the rights of Certificateholders, including the Pooling and Servicing
                Agreement.

             

          	 	
            Administrator

             

            Indenture Trustee

             

            Depositor

          
	 	
            Item 5.03- Amendments of Articles of Incorporation or Bylaws; Change of Fiscal Year

             

            Disclosure is required of any amendment “to the governing documents of the issuing entity”.

             

          	 	
            Depositor

          
	 	
            Item 6.01- ABS Informational and Computational Material

          	 	
            Depositor

          
	 	
            Item 6.02- Change of Servicer or Administrator

             

            Requires disclosure of any removal, replacement, substitution or addition of any Servicer, affiliated servicer, and other servicer servicing 10% or
                more of pool assets at time of report, other material servicers or Indenture Trustee.

          	 	
            A change of both – Depositor

             

             

             

            A change of Servicer or Administrator - Servicer/Administrator/Depositor/

             

             

          
	 	
            Reg AB disclosure about any new servicer or Servicer is also required.

             

          	 	
            Servicer/Depositor

          
	 	
            Reg AB disclosure about any new Indenture Trustee is also required.

             

          	 	
            New Indenture Trustee

          
	 	
            Item 6.03- Change in Credit Enhancement or External Support

             

            Covers termination of any enhancement in manner other than by its terms, the addition of an enhancement, or a material change in the enhancement
                provided.  Applies to external credit enhancements as well as derivatives.

             

          	 	
            N/A

          
	 	
            Reg AB disclosure about any new enhancement provider is also required.

             

          	 	
            Depositor

          
	 	
            Item 6.04- Failure to Make a Required Distribution

             

          	 	
            Servicer

             

            Indenture Trustee

          
	 	
            Item 6.05- Securities Act Updating Disclosure

             

            If any material pool characteristic differs by 5% or more at the time of issuance of the securities from the description in the final prospectus,
                provide updated Reg AB disclosure about the actual asset pool.

             

          	 	
            Depositor

          
	 	
            If there are any new servicers or originators required to be disclosed under Regulation AB as a result of the foregoing, provide the information
                called for in Items 1108 and 1110 respectively.

             

          	 	
            Depositor

          
	 	
            Item 7.01- Reg FD Disclosure

             

          	 	
            Depositor

          

    

    

    
      SB-6

      
        

    

    
      	 	
              FORM 8-K DISCLOSURE (REPORTABLE EVENTS)

               

              

            
	 	
               Item on Form 8-K

               

              

            	 	
              Responsible Party

            
	 	
              Item 8.01- Other Events

               

               

               

              Any event, with respect to which information is not otherwise called for in Form 8-K, that the registrant deems of importance to certificateholders.

               

               

            	 	
              Depositor

            
	 	
              Item 9.01- Financial Statements and Exhibits

            	 	
              Responsible party, as applicable, for reporting/disclosing the financial statement or exhibit

            

    

    

    

    
      SB-7

      
        

    

    
    SCHEDULE C

    

    

    DISCLOSURE ITEMS

    

    

    ARTICLE NINE SECURITY INTEREST REPRESENTATIONS AND WARRANTIES

    

    

    
      
        	

              	1.	
                The Basic Collateral Agency Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the Collateral (other than the Collateral
                    Vehicles (the “Nonvehicle Collateral”) in favor of the Collateral Agent, which security interest is prior to all other Liens (other than Permitted Liens) of any Person (other than the Collateral Agent and other than as permitted by the
                    Basic Collateral Agency Agreement and the other Basic Documents) and is enforceable as such as against creditors of and purchasers from the Borrower.

              

      

    

    

    

    
      
        	

              	2.	
                The Nonvehicle Collateral constitutes “tangible chattel paper”,  “electronic chattel paper”, “accounts,” “instruments” or “general intangibles,” within the meaning of the
                    applicable UCC.

              

      

    

    

    

    
      
        	

              	3.	
                With respect to the Nonvehicle Collateral that constitutes tangible chattel paper or electronic chattel paper, the Borrower has taken all steps necessary to perfect its
                    security interest against the obligor in the property securing the lease.

              

      

    

    

    

    
      
        	

              	4.	
                The Borrower owns and has good and marketable title to the Collateral constituting the Reference Pool with respect to such Exchange Note free and clear of any Lien, claim
                    or encumbrance of any Person.

              

      

    

    

    

    
      
        	

              	5.	
                The Borrower has received all consents and approvals to the sale of the Nonvehicle Collateral hereunder to the Collateral Agent required by the terms of the Nonvehicle
                    Collateral that constitute instruments or payment intangibles.

              

      

    

    

    

    
      
        	

              	6.	
                The Borrower has caused or will have caused, within ten days, the filing of all appropriate financing statements in the proper filing office in the appropriate
                    jurisdictions under Applicable Law in order to perfect the security interest in the Nonvehicle Collateral granted to the Collateral Agent hereunder (to the extent that a security interest can be perfected by such filing).

              

      

    

    

    

    
      
        	

              	7.	
                The Borrower has in its possession the original copies of such instruments or tangible chattel paper that constitute or evidence the Nonvehicle Collateral. The instruments
                    or tangible chattel paper that constitute or evidence the Nonvehicle Collateral do not have any marks or notations indicating that they have been pledged, assigned, or otherwise conveyed to any Person other than the Collateral Agent.
                    All financing statements filed or to be filed against the Borrower in favor of the Collateral Agent in connection herewith describing the Collateral contain a statement that: “A purchase of or security interest in any collateral
                    described in this financing statement will violate the rights of the Secured Party.”

              

      

    

    

    

    
      SC-1

      
        

    

    
      
        	

              	8.	
                With respect to Nonvehicle Collateral that constitutes an instrument or tangible chattel paper, all original executed copies of each such instrument or tangible chattel
                    paper have been delivered to the Collateral Agent or to a custodian acting on behalf of the Collateral Agent.

              

      

    

    

    

    
      
        	

              	9.	
                Other than the security interest granted to the Collateral Agent pursuant to the Basic Collateral Agency Agreement, the Borrower has not pledged, assigned, sold, granted a
                    security interest in, or otherwise conveyed any of the Collateral, including Collateral included in a Reference Pool with  respect to an Exchange Note. The Borrower has not authorized the filing of and is not aware of any financing
                    statements against the Borrower that include a description of the collateral covering the Collateral other than any financing statement relating to the security interest granted to the Collateral Agent hereunder, any financing statement
                    that has been terminated or any financing statement relating to any “back-up security interest” filed in connection with an Exchange Note. The Borrower is not aware of any judgment or tax lien filings against the Borrower.

              

      

    

    

    

    
      
        	

              	10.	
                For a Lease that is electronic chattel paper, the Borrower has not communicated an authoritative copy of the Lease that constitutes or evidences the Collateral to any
                    Person other than the Collateral Agent.

              

      

    

    

    

    
      
        	

              	11.	
                Notwithstanding any other provision of the Basic Collateral Agency Agreement or any other Basic Document or related transaction document, the perfection representations,
                    warranties and covenants contained in this Schedule shall be continuing, and remain in full force and effect until such time as all obligations under the Basic Documents and any other related transaction document with respect to the
                    related Exchange Note and the related asset-backed notes have been finally and fully paid and performed.

              

      

    

    

    

    

    

    
       SC-2Exhibit 10.1

  

  
     

    

    MERCEDES-BENZ FINANCIAL SERVICES USA LLC,

    as Seller,

     

      

    and

     

      

    DAIMLER TRUST LEASING LLC,

    as Purchaser

     

      

    

     

      

    FIRST-TIER SALE AGREEMENT

     

      

    Dated as of January 1, 2019

    
      

      

      
        

      

      

    

    
      
        

    

    
    TABLE OF CONTENTS

     

      

    	
            

            

          	
            Page

          
	 	 
	
            ARTICLE ONE

          
	 	 
	
            USAGE, DEFINITIONS AND INCORPORATION BY REFERENCE

          
	 	 
	
            Section 1.01. Capitalized Terms; Rules of Usage

          	2
	 	 
	
            ARTICLE TWO

             
	 	 
	
            SALE OF THE FIRST-TIER ASSETS

          
	 	 
	
            Section 2.01. Sale of the First-Tier Assets

          	
            3

          
	
            Section 2.02. Closing; Further Assignments

          	
            3

          
	
            Section 2.03. Intent; Savings Clause

          	
            3

          
	 	 
	
            ARTICLE THREE

          
	 	 
	
            REPRESENTATIONS AND WARRANTIES

          
	 	 
	
            Section 3.01. Representations and Warranties of the Purchaser

          	
            4

          
	
            Section 3.02. Representations and Warranties of the Seller

          	
            5

          
	
            Section 3.03. Survival of Representations and Warranties

          	
            7

          
	 	 
	
            ARTICLE FOUR

          
	 	 
	
            CONDITIONS

          
	 	 
	
            Section 4.01. Conditions to Obligation of the Purchaser

          	
            8

          
	
            Section 4.02. Conditions to Obligation of the Seller

          	
            8

          
	
            Section 4.03. Deemed Satisfaction of Conditions

          	
            8

          
	
            ARTICLE FIVE

          
	 	 
	
            COVENANTS OF THE SELLER

          
	 	 
	
            Section 5.01. Protection of Right, Title and Interest to the First-Tier Assets

          	
            9

          
	
            Section 5.02. Other Liens or Interests

          	
            10

          
	
            Section 5.03. Indemnification

          	
            10

          
	 	 
	
            ARTICLE SIX

          
	 	 
	
            MISCELLANEOUS PROVISIONS

          
	 	 
	
            Section 6.01. Obligations of the Seller

          	
            12

          
	
            Section 6.02. Amendment

          	
            12

          

    

    

    
      i

      
        

    

    	
            Section 6.03. Waivers

          	
            12

          
	
            Section 6.04. Costs and Expenses

          	
            13

          
	
            Section 6.05. Notices

          	
            13

          
	
            Section 6.06. Severability

          	
            13

          
	
            Section 6.07. Counterparts

          	
            13

          
	
            Section 6.08. Successors and Assigns

          	
            13

          
	
            Section 6.09. No Petition

          	
            14

          
	
            Section 6.10. Table of Contents and Headings

          	
            14

          
	
            Section 6.11. GOVERNING LAW; SUBMISSION TO
                  JURISDICTION

          	
            14

          
	
            Section 6.12. WAIVER OF JURY TRIAL

          	
            14

          
	
            Section 6.13. Limited Recourse

          	
            14

          
	
            Section 6.14. Each Exchange Note Separate; Assignees of Exchange Note

          	
            15

          
	 	 
	
            EXHIBITS

          
	 	 
	
            Exhibit A –  Perfection Representations, Warranties and Covenants

          	
            A-1

          

    

    

    
      ii

      
        

    

    This FIRST-TIER SALE AGREEMENT, dated as of January 1, 2019 (as amended, restated, supplemented or otherwise modified from time to time,
        this “Agreement”), is between MERCEDES-BENZ FINANCIAL SERVICES USA LLC, a Delaware limited liability company (“MBFS USA”), as seller (the “Seller”), and DAIMLER

        TRUST LEASING LLC, a Delaware limited liability company, as purchaser (the “Purchaser”).

    

    

    RECITALS

    

    

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

    

    

    WHEREAS, MBFS USA, as lender (in such capacity, the “Lender”) and as servicer (in such capacity, the “Servicer”), the Titling Trust,
        Daimler Title Co., as collateral agent (the “Collateral Agent”), and U.S. Bank Trust National Association, as administrative agent, have entered into an Amended and Restated Collateral Agency Agreement, dated as of March 1, 2009 (the “Basic
        Collateral Agency Agreement”), pursuant to which the Lender will make advances to the Titling Trust from time to time that the Titling Trust will use to acquire Titling Trust Assets;

    

    

    WHEREAS, the parties to the Basic Collateral Agency Agreement have entered into the 2019-A Exchange Note Supplement, dated as of January 1,
        2019 (the “2019-A Exchange Note Supplement”), pursuant to which an exchange note, having an aggregate initial outstanding principal balance of $1,467,746,186.55, bearing a fixed interest rate of 3.26% per annum and a stated maturity date of October
        15, 2024 (the “2019-A Exchange Note”), was issued and delivered to the Lender;

    

    

    WHEREAS, pursuant to the 2019-A Exchange Note Supplement, the Seller and the Titling Trust have also specified certain leases and vehicles
        to be allocated to a reference pool with respect to the 2019-A Exchange Note; and

    

    

    WHEREAS, the parties hereto wish to enter into this Agreement pursuant to which the Seller will sell, transfer and assign the 2019-A
        Exchange Note and certain related property and rights to the Purchaser.

    

    

    NOW THEREFORE, in consideration of the premises and the mutual covenants herein contained, the receipt and sufficiency of which are hereby
        acknowledged, the parties hereto agree as follows:

    

    

    
      
        

    

    
    ARTICLE ONE

    

    

    USAGE, DEFINITIONS AND INCORPORATION BY REFERENCE

    

    

    Section 1.01.  Capitalized Terms; Rules of Usage. 
        Capitalized terms used herein that are not otherwise defined shall have the meaning ascribed thereto in Appendix 1 to the 2019-A Servicing Supplement or, if not defined therein, in Appendix A to the Basic Collateral Agency Agreement.  Appendix 1
        also contains rules as to usage applicable to this Agreement.  Except as otherwise specified herein or as the context may otherwise require, the following terms have the respective meanings set forth below for all purposes of this Agreement:

    

    

    “2019-A Servicing Supplement” means the 2019-A Servicing
        Supplement, dated as of January 1, 2019, to the Basic Servicing Agreement, among MBFS USA, as servicer and lender, Daimler Trust, as titling trust, and Daimler Title Co., as collateral agent.

    

    

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

    

    

    
      2

      
        

    

    ARTICLE TWO

    

    

    SALE OF THE FIRST-TIER ASSETS

    

    Section 2.01.  Sale of the First-Tier Assets.

    

    

    (a)          Effective as of the 2019-A Closing Date, the Seller
        sells, transfers, assigns and otherwise conveys to the Purchaser, without recourse, all right, title and interest of the Seller, whether now owned or hereafter acquired, in, to and under the 2019-A Exchange Note and all of the Seller’s rights under
        the 2019-A Basic Documents, including all monies paid thereon and all monies due thereon after the 2019-A Cutoff Date (collectively, the “First-Tier Assets”).

    

    

    (b)          The Purchaser accepts the sales, transfers, assignments
        and conveyances made pursuant to Section 2.01(a) and pays to the Seller, as payment for the 2019-A Exchange Note, the “Exchange Note Purchase Price” which is equal to the net proceeds of the sale of the 2019-A ABS Notes.  The First-Tier Assets will
        become the property and rights of the Purchaser.

    

    

    Section 2.02.  Closing; Further Assignments.

    

    

    (a)          The sale, transfer, assignment and conveyance of the
        First-Tier Assets will take place on the 2019-A Closing Date concurrently with the closings under the Second-Tier Sale Agreement and the Indenture.

    

    

    (b)          The Seller acknowledges that, pursuant to the (i)
        Second-Tier Sale Agreement, the Purchaser will sell, transfer, assign and convey the First-Tier Assets to the Issuer and assign its rights under this Agreement to the Issuer and (ii) the Indenture, the Issuer will assign and pledge the First-Tier
        Assets and certain other property and rights to the Indenture Trustee for the benefit of the 2019-A Secured Parties.  The Seller consents to such sale, transfer, assignments, pledge and conveyance.

    

    

    (c)          The sale, transfer, assignment and conveyance of the
        First-Tier Assets pursuant to this Agreement is without recourse, and the Seller does not guarantee payment on the First-Tier Assets or collection of any Collateral Asset included in the 2019-A Reference Pool.

    

    

    Section 2.03.  Intent; Savings Clause.  It is the intention
        of the parties hereto that (i) the sale pursuant to Section 2.01 constitute an absolute sale of the First-Tier Assets, including all monies paid thereon and all monies due thereon on or after the 2019-A Cutoff Date, conveying good title to the
        First-Tier Assets free and clear of any Lien other than Permitted Liens, from the Seller to the Purchaser and (ii) the First-Tier Assets not be a part of the Seller’s estate in the event of a bankruptcy or insolvency of the Seller.  If,
        notwithstanding the intention of the parties hereto, such sale is deemed to be a pledge in connection with a financing or is otherwise deemed not to be a sale, the Seller grants, and the parties intend that the Seller grants, to the Purchaser a
        security interest in the First-Tier Assets and the performance by the Seller of the obligation by the Seller to pay to the Purchaser all amounts received with respect to the 2019-A Exchange Note, and in such event, this Agreement will constitute a
        security agreement under applicable law and the Purchaser will have all of the rights and remedies of a secured party and creditor under the UCC.

    

    

    
      3

      
        

    

    ARTICLE THREE

    

    

    REPRESENTATIONS AND WARRANTIES

    

    Section 3.01.  Representations and Warranties of the Purchaser. 

        The Purchaser represents and warrants to the Seller as of the 2019-A Closing Date:

    

    

    (a)    Organization and Good Standing; Qualification.  The Purchaser has been duly organized and is validly existing as a limited liability company in good standing under the laws of the State of Delaware, with the
        power and authority to own or lease its properties and to conduct its activities as such properties are currently owned or leased and such activities are currently conducted.

    

    

    (b)    Due Qualification.  The Purchaser is duly qualified to do business as a foreign limited liability company in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the
        ownership or lease of property or the conduct of its activities requires such qualification, license or approval, unless the failure to obtain such qualifications, licenses or approvals would not reasonably be expected to have a material adverse
        effect on the Purchaser’s ability to perform its obligations under this Agreement.

    

    

    (c)    Power and Authority; Authorization; Execution and Delivery; Binding Obligation.  The Purchaser has the power and authority to execute, deliver and perform its obligations under this Agreement.  This Agreement has
        been duly authorized, executed and delivered by the Purchaser and constitutes the legal, valid and binding obligation of the Purchaser, enforceable against the Purchaser in accordance with its terms, except as such enforceability may be limited by
        insolvency, bankruptcy, reorganization or other laws relating to or affecting the enforcement of creditors’ rights and by general equitable principles.

    

    

    (d)    No Violation.  The consummation of the transactions contemplated by, and the fulfillment of the terms of, this Agreement will not (i) conflict with, result in any breach of any of the terms and provisions of, or
        constitute (with or without notice or lapse of time or both) a default under its limited liability company agreement, any material indenture, mortgage, deed of trust, loan agreement, guarantee, lease financing agreement or similar agreement or
        instrument under which the Purchaser is a party or by which the Purchaser is bound, (ii) result in the creation or imposition of any Lien upon any of the Purchaser’s properties pursuant to the terms of any such agreement or instrument (other than
        Permitted Liens or Liens contemplated by the 2019-A Basic Documents), (iii) violate the certificate of formation of the Purchaser or the limited liability company agreement of the Purchaser or (iv) violate or contravene any law or, to the
        Purchaser’s knowledge, any order, rule or regulation applicable to the Purchaser of any Governmental Authority having jurisdiction over the Purchaser or its properties, the failure to comply with which would reasonably be expected to have a
        material adverse effect on the Purchaser’s ability to perform its obligations under this Agreement.

    

    

    
      4

      
        

    

    (e)    No Proceedings.  There are no proceedings pending, or, to the Purchaser’s knowledge, threatened, and to the Purchaser’s knowledge there are no investigations pending or threatened, against or affecting the
        Purchaser or its property before any Governmental Authority (i) asserting the invalidity or unenforceability of the 2019-A Exchange Note, the 2019-A ABS Notes or this Agreement, (ii) seeking to prevent the consummation of any 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 ability of the Purchaser to perform its obligations under this Agreement.

    

    

    (f)     No Material Default.  Neither the Purchaser nor its affiliates is in material default under any agreement, contract, instrument, or indenture of any nature whatsoever to which the Purchaser or its
        affiliates is bound, and which default would have a material adverse effect on the ability of the Purchaser to perform its obligations under this Agreement.

    

    

    (g)    No Consent.  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 Purchaser, 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.

    

    

    Section 3.02.  Representations and Warranties of the Seller. 
        The Seller represents and warrants to the Purchaser as of the 2019-A Closing Date:

    

    

    (a)     Organization and Good Standing; Qualification.  The Seller has been duly organized and is validly existing as a limited liability company in good standing under the laws of the State of Delaware,
        with the power and authority to own or lease its properties and to conduct its activities as such properties are currently owned or leased and such activities are currently conducted.

    

    

    (b)    Due Qualification.  The Seller is duly qualified to do business as a foreign limited liability company in good standing, and has obtained all necessary licenses and approvals in all jurisdictions in which the
        ownership or lease of property or the conduct of its activities requires such qualification, license or approval, unless the failure to obtain such qualifications, licenses or approvals would not reasonably be expected to have a material adverse
        effect on the Seller’s ability to perform its obligations under this Agreement.

    

    

    (c)    Power and Authority; Authorization; Execution and Delivery; Binding Obligation.  The Seller has the power and authority to execute, deliver and perform its obligations under this Agreement.  This Agreement has
        been duly authorized, executed and delivered by the Seller and constitutes the legal, valid and binding obligation of the Seller, enforceable against the Seller in accordance with its terms, except as such enforceability may be limited by
        insolvency, bankruptcy, reorganization or other laws relating to or affecting the enforcement of creditors’ rights and by general equitable principles.

    

    

    
      5

      
        

    

    (d)    No Violation.  The consummation of the transactions contemplated by, and the fulfillment of the terms of, this Agreement will not (i) conflict with, result in any breach of any of the terms and provisions of, or
        constitute (with or without notice or lapse of time or both) a default under its limited liability company agreement, any material indenture, mortgage, deed of trust, loan agreement, guarantee, lease financing agreement or similar agreement or
        instrument under which the Seller is a party or by which the Seller is bound, (ii) result in the creation or imposition of any Lien upon any of the Seller’s properties pursuant to the terms of any such agreement or instrument (other than Permitted
        Liens or Liens contemplated by the 2019-A Basic Documents to which the Seller is a party), (iii) violate the certificate of formation of the Seller or the limited liability company agreement of the Seller or (iv) violate or contravene any law or,
        to the Seller’s knowledge, any order rule or regulation applicable to the Seller of any Governmental Authority having jurisdiction over the Seller or its properties, the failure to comply with which would reasonably be expected to have a material
        adverse effect on the Seller’s ability to perform its obligations under this Agreement.

    

    

    (e)    No Proceedings.  There are no proceedings pending, or, to the Seller’s knowledge, threatened, and to the Seller’s knowledge there are no investigations pending or threatened, against or affecting the Seller or
        its property before any Governmental Authority (i) asserting the invalidity or unenforceability of the 2019-A Exchange Note, the 2019-A ABS Notes or this Agreement, (ii) seeking to prevent the consummation of any 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 ability of the Seller to perform its obligations under this Agreement.

    

    

    (f)     Ownership and Transfer of 2019-A Exchange Note. Immediately preceding its sale of the 2019-A Exchange Note to the Purchaser, the Seller was the owner of the 2019-A Exchange Note, free and clear of
        any claims, and after such sale of the 2019-A Exchange Note to the Purchaser, the Purchaser shall be entitled to all of the rights and benefits of a holder of the 2019-A Exchange Note under the Basic Collateral Agency Agreement and the 2019-A
        Exchange Note Supplement.

    

    

    (g)    No Material Default.  Neither the Seller nor its affiliates is in material default under any agreement, contract, instrument, or indenture of any nature whatsoever to which the Seller or its affiliates is bound,
        and which default would have a material adverse effect on the ability of the Seller to perform its obligations under this Agreement.

    

    

    (h)    No Consent.  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 Seller, 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.

    

    

    (i)     Ability to Perform.  The Seller does not have any reason or cause to believe that it cannot perform each and every covenant of such party contained in this Agreement.

    

    

    
      6

      
        

    

    (j)     Solvency; Fair Value.  Both before and after giving effect to the sale, transfer, assignment and conveyance of the First-Tier Assets pursuant to this Agreement, the Seller is solvent and the transfer
        of the 2019-A Exchange Note pursuant hereto is not being made with the intent to hinder, delay or defraud the creditors of the Seller or any affiliate thereof.  The Seller is receiving from the Purchaser reasonably equivalent value in exchange for
        the transfer of 2019-A Exchange Note.

    

    

    (k)    Perfection Representations.  The Seller makes the representations and warranties set forth on Exhibit A.

    

    

    Section 3.03.  Survival of Representations and Warranties. 
        The representations and warranties set forth in this Article shall survive the closing under Section 2.02, the sale of the First-Tier Assets by the Purchaser to the Issuer pursuant to the Second-Tier Sale Agreement, and the pledge of the First-Tier
        Assets by the Issuer to the Indenture Trustee.  Upon discovery by the Seller, the Purchaser or the Indenture Trustee of a breach of any of the foregoing representations and warranties, the party discovering such breach shall give prompt written
        notice to the others.

    

    

    
      7

      
        

    

    ARTICLE FOUR

    

    CONDITIONS

    

    Section 4.01.  Conditions to Obligation of the Purchaser. 
        The obligation of the Purchaser to accept the First-Tier Assets as set forth in Section 2.01 is subject to the satisfaction of the following conditions:

    

    

    (a)    Representations and Warranties True.  The representations and warranties of the Seller contained in Section 3.02 and in the other 2019-A Basic Documents will be true and correct on the 2019-A Closing Date, and
        the Seller will have performed on or prior to the 2019-A Closing Date all obligations to be performed by the Seller under this Agreement on or prior to the 2019-A Closing Date.

    

    

    (b)    Delivery of 2019-A Exchange Note.  The Seller has delivered to the Purchaser the 2019-A Exchange Note, registered in the name of “Daimler Trust Leasing LLC” or its assignee or endorsed in blank by an effective
        endorsement.

    

    

    (c)    Documents to be Delivered by the Seller.  On the 2019-A Closing Date, the Seller will deliver such other documents as the Purchaser may reasonably request.

    

    

    (d)    Other Transactions.  The transactions contemplated by the 2019-A Basic Documents will be consummated on or prior to the 2019-A Closing Date.

    

    

    Section 4.02.  Conditions to Obligation of the Seller.  The
        obligation of the Seller to sell the 2019-A Exchange Note to the Purchaser as set forth in Section 2.01 is subject to each representation and warranty of the Purchaser as set forth in Section 3.01 and the other 2019-A Basic Documents being true and
        correct on the 2019-A Closing Date, and each obligation to be performed by the Purchaser under this Agreement on or prior to the 2019-A Closing Date having been performed on or prior to the 2019-A Closing Date.

    

    

    Section 4.03.  Deemed Satisfaction of Conditions.  Upon the
        transfer of the First-Tier Assets to, and the acceptance of the First-Tier Assets by, the Purchaser, all of the conditions set forth in this Article will be deemed to have been satisfied.

    

    

    
      8

      
        

    

    ARTICLE FIVE

    

    

    COVENANTS OF THE SELLER

    

    Section 5.01.  Protection of Right, Title and Interest to the First-Tier
            Assets.

    

    

    (a)          Within ten days after the 2019-A Closing Date, the
        Seller, as debtor, will record and file, at its own expense, an initial financing statement in each jurisdiction in which such financing statement is required by Applicable Law, naming the Seller, as debtor, and the Purchaser, as secured party, in
        such manner as is necessary, under the laws of each such jurisdiction, to perfect the sale, transfer, assignment and conveyance of the First-Tier Assets to the Purchaser (to the extent that such sale, transfer, assignment and conveyance may be
        perfected by such filing).  The Seller will deliver to the Purchaser file-stamped copies of, or filing receipts for, any such document filed promptly upon such document becoming available following such filing.

    

    

    (b)          The Seller will authorize and file such financing
        statements and cause to be authorized and filed such amendments and continuation statements, all in such manner and in such places as may be required by law fully to preserve, maintain and protect the interest of the Purchaser in the First-Tier
        Assets and in the proceeds thereof.  The Seller will deliver to the Purchaser file-stamped copies of, or filing receipts for, any such document filed promptly upon such document becoming available following such filing.

    

    

    (c)          The Seller authorizes the Purchaser to file any
        financing or continuation statements, and amendments to such statements, in all jurisdictions and with all filing offices as the Purchaser may determine, in its sole discretion, are necessary or advisable fully to preserve, maintain and protect the
        interest of the Purchaser in the First-Tier Assets and the proceeds thereof.  Such financing and continuation statements may describe the First-Tier Assets in any manner as the Purchaser may determine, in its sole discretion, is necessary,
        advisable or prudent to ensure the perfection of the Purchaser’s interest in the First-Tier Assets.  The Purchaser will deliver to the Seller file-stamped copies of, or filing receipts for, any such document filed promptly upon such document
        becoming available following such filing.

    

    

    (d)          The Seller agrees to do and perform any and all acts and
        to execute any and all further instruments required or reasonably requested by the Purchaser or by the Owner Trustee or the Indenture Trustee to more fully effect the purposes of this Agreement, including the execution of any financing statements
        or continuation statements relating to the First-Tier Assets for filing under the UCC of any applicable jurisdiction.

    

    

    (e)          The Seller will give the Purchaser at least 30 days’
        prior notice of any change in its jurisdiction of organization and will promptly file (and hereby authorizes the Purchaser and any assignee of the Purchaser hereunder to file) all amendments of any previously filed financing or continuation
        statement and any new financing statements as may be necessary to continue the perfection of the Purchaser’s interest in the First-Tier Assets.  The Seller will cause the Servicer to maintain its jurisdiction of organization (for purpose of Section
        9-307 of the UCC) in only one state within the United States.

    

    

    
      9

      
        

    

    (f)          The Seller will not change its name, form of
        organization, or corporate structure in any manner that would or could make any financing statement or continuation statement filed by the Seller in accordance with Section 5.01(a) seriously misleading within the meaning of Section 9-506 of the
        UCC, unless it has given the Purchaser at least 30 days’ prior notice thereof and promptly files appropriate amendments to all previously filed financing statements or continuation statements.

    

    

    Section 5.02.  Other Liens or Interests.  Except for the
        sales, transfers, assignments and conveyances under this Agreement, the Seller will not sell, contribute, pledge, assign, transfer or allow to be issued any First-Tier Asset to any other Person, or grant, create, incur, assume or suffer to exist
        any Lien on any interest therein, and the Seller will defend the right, title, and interest of the Purchaser in, to and under the First-Tier Assets against all claims of third parties claiming through or under the Seller.  However, the Seller’s
        obligations under this Section with respect to the First-Tier Assets will terminate upon the payment in full of the 2019-A Exchange Note pursuant to the Basic Collateral Agency Agreement and the 2019-A Exchange Note Supplement.

    

    

    Section 5.03.  Indemnification.  The Seller will be liable
        under this Agreement only to the extent of the obligations specifically undertaken by the Seller under this Agreement, and agrees to the following:

    

    

    (a)     The Seller will indemnify, defend and
        hold harmless the Purchaser, and its officers, directors, employees and agents, from and against any and all costs, expenses, losses, damages, claims and liabilities arising out of, or imposed upon the Purchaser through, the willful misconduct,
        negligence or bad faith of the Seller in the performance of its duties under this Agreement or by reason of reckless disregard of the Seller’s obligations and duties under this Agreement.

    

    

    (b)    Promptly upon receipt by the Purchaser, or
        any of its officers, directors, employees and agents, of notice of the commencement of any suit, action, claim, proceeding or governmental investigation against it, the Purchaser will, if a claim in respect of such suit, action, claim, proceeding
        or investigation is to be made against the Seller under this Section, notify the Seller of the commencement of such suit, action, claim, proceeding or investigation.  The Seller may participate in and assume the defense and settlement of any such
        suit, action, claim, proceeding or investigation at its expense, and no settlement of such suit, action, claim, proceeding or investigation may be made without the approval of the Seller and the Purchaser, which approvals will not be unreasonably
        withheld or delayed.  The Seller’s obligations under this Section will include reasonable fees and expenses of counsel and expenses of litigation.  After notice from the Seller to the Purchaser of the Seller’s intention to assume the defense of
        such suit, action, claim, proceeding or investigation with counsel reasonably satisfactory to the Purchaser, and so long as the Seller so assumes the defense of such suit, action, claim, proceeding or investigation in a manner reasonably
        satisfactory to the Purchaser, the Seller will not be liable for any expenses of counsel to the Purchaser unless there is a conflict between the interests of the Seller and the Purchaser, in which case the Seller will pay for the separate counsel
        to the Purchaser.

    

    

    
      10

      
        

    

    (c)     If the Seller makes any indemnity
        payments pursuant to this Section and the Purchaser thereafter collects any of such amounts from others, the Purchaser will promptly repay such amounts to the Seller, without interest.

    

    

    (d)    The indemnity obligations set forth in
        Section 5.03(a) will be in addition to any obligation that the Seller may otherwise have and will survive the termination of this Agreement.

    

    

    
      11

      
        

    

    ARTICLE SIX

    

    

    MISCELLANEOUS PROVISIONS

    

    Section 6.01.  Obligations of the Seller.  The obligations of
        the Seller under this Agreement will not be affected by reason of any invalidity, illegality or irregularity of the 2019-A Exchange Note or any 2019-A Lease or 2019-A Vehicle allocated to the 2019-A Reference Pool.

    

    

    Section 6.02.  Amendment.

    

    

    (a)          This Agreement may be amended, supplemented or otherwise
        modified from time to time by a writing executed by the parties hereto, 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 Agreement that are not inconsistent with the provisions of this Agreement; provided, that, (i) the Seller 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 Agreement other than those provided for in Section 6.02(a) requires the consent of the Majority Noteholders (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
        2019-A Leases and 2019-A 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 2019-A Reserve Account, without
        the consent of all holders of Notes then Outstanding or (ii) reduce the percentage of the Note Balance of the Outstanding Notes the consent of the Holders of which is required for any amendment to this Agreement without the consent of the Holders
        of all Outstanding Notes.

    

    

    (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 after the execution of any such amendment, the
        Seller shall furnish written notification of the substance of such amendment to the Owner Trustee, the Indenture Trustee and the Rating Agencies.

    

    

    Section 6.03.  Waivers.  No failure or delay on the part of
        the Seller, the Purchaser, the Issuer or the Indenture Trustee in exercising any power, right or remedy under this Agreement will operate as a waiver thereof, nor will any single or partial exercise of any such power, right or remedy preclude any
        other or further exercise thereof or the exercise of any other power, right or remedy.

    

    

    
      12

      
        

    

    Section 6.04.  Costs and Expenses.  The Seller will pay all
        expenses incidental to the performance of its obligations under this Agreement and the Seller agrees to pay all reasonable out-of-pocket costs and expenses of the Purchaser in connection with the perfection as against third parties of the
        Purchaser’s right, title and interest in and to the First-Tier Assets and the other property and rights sold hereunder and the enforcement of any obligation of the Seller hereunder.

    

    

    Section 6.05.  Notices.  Unless otherwise specified in this
        Agreement, all notices, requests, demands, consents, waivers or other communications to or from the parties to this Agreement will be in writing, including e‐mail.  Unless otherwise specified in this Agreement, any such notice, request, demand,
        consent or other communication will be delivered or addressed as set forth below or at such other address or facsimile number as any party may designate by notice to the other parties.

    

    

    
      
        	

              	(i)	
                In the case of the Seller:

              

      

    

    

    

    Mercedes-Benz Financial Services USA LLC

    36455 Corporate Drive

    Farmington Hills, Michigan  48331

    Attention:  Steven C. Poling

    E-mail:  steven.c.poling@daimler.com

    Facsimile:  (817) 224-3587

    

    

    
      
        	

              	(ii)	
                In the case of the Purchaser:

              

      

    

    

    

    Daimler Trust Leasing LLC

    c/o Mercedes-Benz Financial Services USA LLC

    36455 Corporate Drive

    Farmington Hills, Michigan  48331

    Attention:  Michelle D. Spreitzer

    E-mail:  michelle.d.spreitzer@daimler.com

    Facsimile:  (248) 991-6962

    

    

    Section 6.06.  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 or of the First-Tier Assets or the rights of the holders thereof.

    

    

    Section 6.07.  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.

    

    

    Section 6.08.  Successors and Assigns.  All covenants and
        agreements contained herein will be binding upon, and inure to the benefit of, the parties hereto and their respective successors and permitted assigns, all as provided in this Agreement.  Any request, notice, direction, consent, waiver or other
        instrument or action by a party to this Agreement will bind the successors and assigns of such party.  Except as otherwise provided in this Agreement, no other Person will have any right or obligation under this Agreement.

    

    

    
      13

      
        

    

    Section 6.09.  No Petition.  Each of the Seller and the
        Purchaser covenants 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, Notes and other Securities it will not institute against, or join any Person in instituting
        against the Initial Beneficiary, the Titling Trust, the Transferor, the Issuer or the 2019-A Exchange Noteholder any bankruptcy, reorganization, arrangement, insolvency or liquidation Proceedings, or other Proceedings under any Insolvency Law in
        connection with any obligations relating to the 2019-A Exchange Note, any 2019-A Notes or any 2019-A Basic Document and agrees that it will not cooperate with or encourage others to institute any such Proceeding.

    

    

    Section 6.10.  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 6.11.  GOVERNING LAW; SUBMISSION TO
            JURISDICTION.

    

    

    (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.

    

    

    (b)          Each party to this Agreement 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 legal proceedings arising out of or relating to this Agreement or the
        transactions contemplated by the 2019-A Basic Documents.  Each party to this Agreement 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 6.12.  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 ARISING OUT
          OF OR RELATING TO THIS AGREEMENT OR ANY OTHER 2019-A BASIC DOCUMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR ANY SUCH OTHER 2019-A BASIC DOCUMENT.

    

    

    Section 6.13.  Limited Recourse.  The Seller and the
        Purchaser agree that any claim that the Seller or the Purchaser may seek to enforce against each other is limited to the First-Tier Assets only and does not represent a claim against the assets of the Seller or the Purchaser as a whole or any
        assets other than the First-Tier Assets.

    

    

    
      14

      
        

    

    Section 6.14.  Each Exchange Note Separate; Assignees of Exchange Note.
        Each party hereto acknowledges and agrees (and each holder or pledgee of the 2019-A Exchange Note, by virtue of its acceptance of such 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 2019-A Exchange Note or the related 2019-A Reference Pool shall be enforceable against such 2019-A 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 2019-A Exchange Note or any 2019-A Lease or 2019-A
        Vehicle included in the 2019-A 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 2019-A Exchange Note transferred hereunder which is related to the 2019-A Reference Pool) shall not be subject to the claims, debts, liabilities, expenses or obligations arising from or
        with respect to the 2019-A Exchange Note in respect of such claim, (iv) no creditor or holder of a claim relating to (a) the 2019-A Exchange Note or the related 2019-A 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 2019-A Exchange Note related to the 2019-A Reference Pool shall be entitled to maintain any action against or recover any assets allocated to the 2019-A Reference
        Pool and (v) any purchaser, assignee or pledgee of an interest in the 2019-A Reference Pool or, the 2019-A 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.

    

    

    
      15

      
        

    

    IN WITNESS WHEREOF, the parties hereto have caused this First-Tier Sale Agreement 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 Seller

          
	 	 
	 	
            By:

          	 
	 	

          	
            Name:

          
	 	
            

            

          	
            Title:

          
	 	 
	 	
            DAIMLER TRUST LEASING LLC,

          
	 	
            as Purchaser

          
	 	 
	 	
            By:

          	 
	 	

          	
            Name:

          
	 	

          	
            Title:

          

     

    

    
      2019-A First-Tier Sale Agreement

    

    

    

    
      
        

    

    
    EXHIBIT A

    

    

    PERFECTION REPRESENTATIONS, WARRANTIES AND COVENANTS

    

    

    In addition to the representations, warranties and covenants contained in the First-Tier Sale Agreement, dated as of January 1, 2019 (the
        “First-Tier Sale Agreement”), between Mercedes-Benz Financial Services USA LLC, as seller (the “Seller”), and Daimler Trust Leasing LLC, as purchaser (the “Purchaser”), the Seller hereby further represents, warrants and covenants to the Purchaser
        as follows on the 2019-A Closing Date:

    

    

    
      
        	

              	1.	
                The First-Tier Sale Agreement creates a valid and continuing security interest (as defined in the applicable UCC) in the 2019-A Exchange Note in favor of the Purchaser,
                    which security interest is prior to all other Liens and is enforceable as such as against creditors of and purchasers from the Seller.

              

      

    

    

    

    
      
        	

              	2.	
                The 2019-A Exchange Note constitutes a “general intangible”, “instrument”, “certificated security”, or “tangible chattel paper”, within the meaning of the applicable UCC.

              

      

    

    

    

    
      
        	

              	3.	
                The Seller owns and has good and marketable title to the 2019-A Exchange Note free and clear of any Liens, claim or encumbrance of any Person, excepting only liens for
                    taxes, assessments or similar governmental charges or levies incurred in the ordinary course of business that are not yet due and payable or as to which any applicable grace period shall not have expired, or that are being contested in
                    good faith by proper proceedings and for which adequate reserves have been established, but only so long as foreclosure with respect to such a Lien is not imminent and the use and value of the property to which the Lien attaches is not
                    impaired during the pendency of such proceeding.

              

      

    

    

    

    
      
        	

              	4.	
                The Seller has received all consents and approvals to the sale of the 2019-A Exchange Note under the First-Tier Sale Agreement to the Purchaser required by the terms of the
                    2019-A Exchange Note to the extent that it constitutes an instrument or a payment intangible.

              

      

    

    

    

    
      
        	

              	5.	
                The Seller has received all consents and approvals required by the terms of the 2019-A Exchange Note, to the extent that it constitutes a securities entitlement,
                    certificated security or uncertificated security, to the transfer to the Purchaser of its interest and rights in the 2019-A Exchange Note under the First-Tier Sale Agreement.

              

      

    

    

    

    
      
        	

              	6.	
                The Seller has caused or will have caused, within ten days after the 2019-A Closing Date, the filing of all appropriate financing statements in the proper filing office in
                    the appropriate jurisdictions under applicable law in order to perfect the sale of the 2019-A Exchange Note from the Seller to the Purchaser and the security interest in the 2019-A Exchange Note granted under the First-Tier Sale
                    Agreement.

              

      

    

    

    

    
      A-1

      
        

    

    
      
        	

              	7.	
                To the extent that the 2019-A Exchange Note constitutes an instrument or tangible chattel paper, all original executed copies of each such instrument or tangible chattel
                    paper have been delivered to the Purchaser.

              

      

    

    

    

    
      
        	

              	8.	
                Other than the transfer of the 2019-A Exchange Note from the Seller to the Purchaser under the First-Tier Sale Agreement and from the Purchaser to the Issuer under the
                    Second-Tier Sale Agreement and the security interest granted to the Indenture Trustee pursuant to the Indenture, the Seller has not pledged, assigned, sold, granted a security interest in, or otherwise conveyed the 2019-A Exchange Note.

              

      

    

    

    

    
      
        	

              	9.	
                The Seller has not authorized the filing of, nor is aware of, any financing statements against the Seller that include a description of collateral covering the 2019-A
                    Exchange Note other than any financing statement relating to any security interest granted pursuant to the 2019-A Basic Documents or that has been terminated.

              

      

    

    

    

    
      
        	

              	10.	
                No instrument or tangible chattel paper that constitutes or evidences the 2019-A Exchange Note has any marks or notations indicating that it has been pledged, assigned or
                    otherwise conveyed to any Person other than the Indenture Trustee.

              

      

    

    

    

    Capitalized terms used herein that are not otherwise defined shall have the meanings ascribed thereto in the First-Tier Sale Agreement.

    

    

    

    

    A-2

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