Common use of Lienable Work Clause in Contracts

Lienable Work. No excavation, construction, earth work, site work or any other mechanic's lienable work shall be done to or for the benefit of any Property, without Lender's approval, which shall not be unreasonably withheld, except for normal repair and maintenance in the ordinary course of business and up to $25,000 of work annually at each Property which does not decrease the value of such Property.

Appears in 2 contracts

Sources: Loan Agreement (Assisted Living Concepts Inc), Loan Agreement (Assisted Living Concepts Inc)