COLLECTION COSTS. The Bank may engage any third party debt collector or other agents to demand, cover or collect any sums the Borrower owes the Bank. The Borrower hereby:-
(a) authorizes the Bank to disclose personal or other information of the Borrower to any such person for debt collection purposes; and
(b) agrees to pay and indemnify the Bank immediately on demand for all reasonable costs and expenses (including, but without limitation, legal fees on a full indemnity basis and any debt collection agency fees, costs and expenses reasonably incurred in connection with the recovery or attempted recovery of any sum(s) payable by the Borrower under the Loan) the Bank reasonably incur in respect of any such debt collection actions.
