Time any lad exercised with spirit (10)

I believe the answer is:

animatedly

'with spirit' is the definition.

'time any lad exercised' is the wordplay.
'exercised' indicates anagramming the letters.
'time'+'any'+'lad'='timeanylad'
'timeanylad' is an anagram of 'ANIMATEDLY'.

I've seen this clue in The Telegraph.

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