Equipment or Property. Except as specifically provided herein to the contrary, each Party hereto shall at all times be responsible for and hold harmless and indemnify the other Party from and against damage to or loss of its own and its subcontractor’s equipment or property. Except to the extent that the proceeds from Contractor’s insurance as made available to Contractor do not compensate Contractor therefore, Company shall be responsible for and shall hold harmless and indemnify Contractor for loss or destruction of or damage to Contractor’s drill pipe, drill collars, subs, reamers, bumper subs, stabilizers and other in-hole equipment when such equipment is being used in the hole below the rotary table, normal wear excepted. Abnormal wear and/or damage for which Company shall be responsible hereunder shall include, but not be limited to, wear and/or damage resulting from the presence of H2S or other corrosive elements in the hole including those introduced into the drilling fluid, excessive wear caused by sand cutting, damage resulting from excessive or uncontrolled pressure such as those encountered during testing, blow-out, or in a well out of control, excessive deviation of the hole from vertical, dog-leg severity, fishing, cementing or testing operations, and from any unusual drilling practices employed at Company’s request. Company’s responsibility for such abnormal wear and/or damage as referred to herein shall include abnormal wear and/or damage to Contractor’s choke hoses and manifolds, blowout prevention and other appurtenant equipment. Company shall pay the cost of repairing damaged equipment if repairable. In the case of equipment lost, destroyed or damaged beyond repair, Company shall reimburse Contractor an amount equal to the then current replacement cost of such equipment delivered to the Drilling Unit.
Equipment or Property. Except as specifically provided herein to the contrary, each Party hereto shall, at all times, be responsible for and shall hold harmless and indemnify the other Party from and against any damage to or loss of its own equipment or property, regardless of the cause of loss, including the negligence of such Party, and despite the fact that a Party’s items may be under the control of other Party, except that;
Equipment or Property. (a) Except as specifically provided herein to the contrary, Contractor shall at all times be responsible for and hold harmless and indemnify Operator from and against damage to or loss of Contractor's property, Contractor's Items, and the property, equipment, material and services of Contractor's Affiliated Companies, partnerships, and limited liability companies, and its and all of their co-owners, partners, co-venturers, joint owners, and its contractors and subcontractors of any tier and the officers, directors, employees, agents, assigns, representatives, managers, consultants, insurers and subrogees of each of the foregoing. To the extent that the proceeds from Contractor's insurance as made available to Contractor do not compensate Contractor therefor,
Equipment or Property. (a) Except as specifically provided herein to the contrary, Contractor shall at all times be responsible for and hold harmless and indemnify Operator Group from and against damage to or loss of Contractor Group’s property and Contractor’s Items. To the extent that the proceeds from Contractor Group’s insurance as made available to Contractor Group do not compensate Contractor Group therefor:
Equipment or Property. TransferPurchase of Equipment. Grantor shall have the right to require that Grantee transfer to GrantorFor any equipment, including title thereto, purchased in whole or in part with Grantor fundsGrant Funds, if Grantor determines that Grantee has not met the conditions of 2 CFR 200.439., the costs for such equipment will be disallowed. Grantor shall notify Grantee in writing should Grantor require that the transferpurchase of such equipment. Upon such notification by Grantor, and upon receipt or delivery of such equipment by Grantor, Grantee will be deemed to have transferred the equipment to Grantor as if Grantee had executed a xxxx of sale xxxxxxxx.xx disallowed.
Equipment or Property. Operator shall at all times be responsible for and hold harmless and indemnify Contractor from and against damage to or loss of Operator’s property, Operator’s Items and the property, equipment and materials of Operator’s Affiliated Companies, and its and all of their co-owners, co-lessees, farmors, farmees, partners, co-venturers, joint owners, and its contractors and subcontractors of any tier (with the exception of Contractor and its subcontractors of any tier), consultants, agents or servants, and the employees of each of the foregoing. Except as specifically provided herein to the contrary, Contractor shall at all times be responsible for and hold harmless and indemnify Operator from and against damage to or loss of Contractor’s Items and the property, equipment and materials of Contractor’s Affiliated Companies, subcontractors, consultants, agents or servants, and the employees of each of the foregoing. Notwithstanding the foregoing, to the extent that the proceeds from Contractor’s insurance as made available to Contractor do not compensate Contractor therefor:
Equipment or Property
