Michael said:
I thought that was only if he let her go.
Good catch, Michael. I've got a running list of the myriad of clues Clark has handed Lois on a silver platter, but this glaring confession by Lex that
He. Let. Her. Go. went right past me. And, unfortunately, right past Lois.
ETA: Well, technically I guess Nigel said it, but it still implies the same thing. Lex expects her to hold up her end of the deal because he's held up his.