Common use of Mechanics Liens, Etc Clause in Contracts

Mechanics Liens, Etc. Landlords’, carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s or other like statutory Liens arising in the ordinary course of business which are not overdue for a period of more than thirty (30) days or which are being contested in good faith and by appropriate proceedings diligently conducted, if adequate reserves with respect thereto are maintained on the books of the applicable Person;

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Centerline Holding Co), Revolving Credit and Term Loan Agreement (Centerline Holding Co)

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Mechanics Liens, Etc. Landlords’, carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s ’s, suppliers’, brokers’ or other like statutory Liens arising in the ordinary course of business which are not overdue for a period of more than thirty (30) days or which are being contested in good faith and by appropriate proceedings diligently conducted, if adequate reserves with respect thereto are maintained on the books of the applicable Person;

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Centerline Holding Co)

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Mechanics Liens, Etc. Landlords’, carriers’Carriers', warehousemen’s's, mechanics', materialmen’s's, repairmen’s 's or other like statutory Liens arising in the ordinary course of business which are not overdue for a period of more than thirty (30) days or which are being contested in good faith and by appropriate proceedings diligently conducted, if adequate reserves with respect thereto are maintained on the books of the applicable Person;

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Chartermac)

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