Contractor-Owned Equipment and Vehicles in addition to those already specified in the Contract Documents Sample Clauses

Contractor-Owned Equipment and Vehicles in addition to those already specified in the Contract Documents. Rates not defined in the Contract will be paid at the lower of the two following rates taking into account owner rate, equipment age, and geographic region: (a) local EquipmentWatch Blue Book rate found at www.equipmentwatch.com; or (b) actual quotes from a local lease/rental company. Any equipment or vehicles already in use on the Project or already specified in the Contract Documents are not compensable as part of a Change Order unless additional equipment or vehicles are approved by the Owner in its sole discretion.

Related to Contractor-Owned Equipment and Vehicles in addition to those already specified in the Contract Documents

Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage at least equal to the aggregate Subscription Amount. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.
Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:
Miscellaneous a. A Person is deemed to be a holder of Registrable Securities whenever such Person owns or is deemed to own of record such Registrable Securities. If the Company receives conflicting instructions, notices or elections from two or more Persons with respect to the same Registrable Securities, the Company shall act upon the basis of instructions, notice or election received from the registered owner of such Registrable Securities.
Termination This Agreement may be terminated at any time prior to the Closing:
Entire Agreement The Transaction Documents, together with the exhibits and schedules thereto, contain the entire understanding of the parties with respect to the subject matter hereof and supersede all prior agreements and understandings, oral or written, with respect to such matters, which the parties acknowledge have been merged into such documents, exhibits and schedules.
Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.
Notices All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed to have been duly given (i) if delivered by hand and receipted for by the party to whom said notice or other communication shall have been directed, or (ii) mailed by certified or registered mail with postage prepaid, on the third (3rd) business day after the date on which it is so mailed:
NOW, THEREFORE the parties hereto agree as follows:
WHEREAS the Trust is an open-end management investment company registered under the Investment Company Act of 1940, as amended (the "1940 Act"); and
Definitions As used in this Agreement, the following terms shall have the following meanings: