Inchoate Liens means inchoate Liens of the type described in Section 7.01(ii) of the Mortgage for taxes not yet due and 7.01(iii) (other than, in the case of said clause (iii), contested Liens); for the avoidance of doubt, “Inchoate Liens” shall not include any such Lien registered with the International Registry.
Inchoate Liens mean any Permitted Lien of the type described in clauses (i), (ii), (iii), (v) or (vi) of Section 7.01, except that “Inchoate Liens” shall not include any such Lien that is a Lien of record, whether filed with the FAA or any other applicable aviation authority, filed pursuant to the Uniform Commercial Code in any applicable jurisdiction or registered with the International Registry.
Inchoate Liens means (a) materialmen’s, warehousemen’s, mechanics’ and other Liens arising by operation of law in the ordinary course of business for sums not due or sums that are being contested in good faith with appropriate proceedings and (b) Liens for taxes or other governmental charges not at the time delinquent or thereafter payable without penalty or being contested in good faith with appropriate proceedings.
Examples of Inchoate Liens in a sentence
One must know if the solution is “ok” or if it will lead to a hazardous situation where there is the risk of fire or where someone may be injured or even electrocuted.
Inchoate Liens – Allowed Secured Tax Claim Liens shall not be affected by the Plan.
Inchoate Liens – Allowed Secured Tax Claim Liens for current tax periods and taxes shall not be affected by the Plan.
More Definitions of Inchoate Liens
Inchoate Liens mean inchoate Liens of the type described in Section 9(d)(ii) of the Credit Agreement for taxes not yet due and Section 9(d)(iii) of the Credit Agreement (other than, in the case of said clause (iii), contested Liens).
Inchoate Liens means Liens of the type set forth in clauses (f), (g), (h), (j) and (k) of Section 7.2.3 of the Credit Agreement.
Inchoate Liens means (a) materialmen's, warehousemen's, mechanics' and other Liens arising by operation of law in the ordinary course of business for sums not due or sums that are being contested in good faith and (b) Liens for taxes or other governmental charges not at the time delinquent or thereafter payable without penalty or being contested in good faith with appropriate proceedings.
Inchoate Liens means Liens of the type set forth in clause (2), (3), (9), (10), (12), (16) or (18) of the definition of Permitted Liens (as defined in the Indenture).
Inchoate Liens means any of the following Liens which by statute (i.e., through no act or omission of the Company or any of its Subsidiaries) may have priority over the Liens securing the Notes:
Inchoate Liens means (a) Liens for Taxes not yet due and payable, (b) mechanic’s Liens and materialmen’s Liens for services and materials for which payments are not yet due or which are being contested in good faith by appropriate proceedings, and (c) landlord’s Liens for rental payments not yet due and payable.
Inchoate Liens means liens arising under contracts customary in industry of the Company and liens with respect to vessels which, in each case, relate to obligations of the Company (or obligations of the vessel) which are not yet due or which will be paid or