Common use of BETTER SECURITY AND RIGHTS Clause in Contracts

BETTER SECURITY AND RIGHTS. The Chargor must, at the Chargor's cost, do whatever the Financier reasonably requires to: (a) more satisfactorily secure to the Financier the payment of the Secured Money; or (b) enable the Financier to better exercise its rights over the Charged Property, and must use its best efforts to make anyone else who has an interest in the Charged Property or claims under or in trust for the Chargor do the same.

BETTER SECURITY AND RIGHTS. The Chargor must, at the Chargor's cost, do whatever the Financier reasonably requires to: (a) more satisfactorily secure the Charged Property as security to the Financier for the payment of the Secured Money; or (b) enable the Financier to better exercise its rights over the Charged Property, and must use its best efforts to make anyone else who has an interest in the Charged Property or claims under or in trust for the Chargor do the same.