Warehouseman’s Lien. Magellan shall have a warehouseman’s lien upon any Product in the Terminal in accordance with Texas law for any amounts owed to Magellan hereunder which have not been paid when due (whether incident to the Product then in the Terminal or otherwise). If a warehouse receipt is required under Law for such a lien to arise, this Agreement shall be deemed to be the warehouse receipt for all Product at the Terminal.
Appears in 6 contracts
Samples: Dock Capacity Allocation Contract, Dock Capacity Allocation Contract, Dock Capacity Allocation Contract
