Common use of Review and Exercise Clause in Contracts

Review and Exercise. any exercise or attempted exercise of any right under this Agreement or any Collateral Document, in each case on demand and on a full indemnity basis. This means that each Obligor agrees to personally meet any of these costs and expenses and reimburse the Lender for any of these losses. The Lender will only exercise its rights under this clause in relation to costs and losses which it must reasonably incur to protect its interest and for which it is not compensated by any fees payable under this Agreement.

Review and Exercise. any exercise or attempted exercise of any right under this Agreement or any Collateral Document, in each case on demand and on a full indemnity basis. This means that each Obligor agrees to personally meet any of these costs and expenses and reimburse the Lender for any of these losses. The Lender will only exercise its rights under this clause in relation to costs and losses which it must reasonably incur to protect its interest and for which it is not compensated by any fees payable under this Agreement.rights