Enforcement Actions Against the User Sample Clauses

Enforcement Actions Against the User. The Servicer shall xxx to enforce or collect upon the Lease Agreements if the Servicer believes that such enforcement or collection suits are reasonably likely to increase the amount ultimately collected on the Lease Agreements and the Issuer has delivered to the Servicer its prior written consent to such action. Upon the commencement of such a legal proceeding, the Issuer shall, at the request of the Servicer, assign such Lease Agreement to the Servicer for purposes of collection only. In any such proceeding, the Servicer shall have the right, with the prior written consent of the Issuer, to (1) settle any such proceeding, (2) compromise any claims brought by a Lessee against the Servicer and (3) give a general release in connection with any proceeding by or against the Lessee arising out of or in connection with a Lease Agreement. The Servicer shall be entitled to receive prompt reimbursement for extraordinary out-of-pocket expenses payable pursuant to Section 3.04 and incurred in connection with the enforcement and collection of a Lease Agreement to the extent provided from funds on deposit in the Trust Account from time-to-time; provided, however, that the Servicer shall incur such out-of-pocket expenses only if the Servicer, in its commercially reasonable judgment, believes that the incurrence of such expense is reasonably likely to increase the net amount ultimately collected on such Lease Agreement after giving effect to such out-of-pocket expenses;