Common use of Bids Clause in Contracts

Bids. Liens (including pledges and deposits) incurred to secure the performance of bids, trade contracts, tenders, and leases (other than Indebtedness), statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business;

Bids. Liens (including pledges and deposits) incurred to secure the performance of bids, trade contracts, governmental contracts, tenders, and leases (other than Indebtedness), statutory obligations, surety and surety, appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business;