Hold. Iomega may at any time direct Venture to hold the Long Lead Time Components in inventory to be used to fulfill future Purchase Orders. If Iomega does so, beginning three (3) months after the last date on which the Authorized Long Lead Time Components would have been used had Iomega submitted Purchase Orders in accordance with this Agreement for which those Authorized Long Lead Time Components would have been used to fulfill, Iomega shall pay an inventory carrying charge determined by applying an annual rate equal to LIBOR plus [**]% to the total value of the Authorized Long Lead Time Components being held by Venture. For purposes of the foregoing sentence, the total value of the Authorized Long Lead Time Components shall be the monthly averaged cost of materials of such components. Additionally, the applicable LIBOR rate shall be that rate in effect on the first business day of each month in which the provisions of this subsection apply. Venture will invoice Iomega on a monthly basis for any amounts due, and Iomega shall pay such amounts within [**] days after receipt of invoice. Venture shall use commercially reasonable efforts to use the Authorized Long Lead Time Components to fulfill future Purchase Orders issued by Iomega. Venture shall not in any event be obliged to hold any Authorized Long Lead Time Components for more than a total of nine (9) months and if any Authorized Long Lead Time Component remain unused after this period, Iomega shall at Venture's request purchase the authorized Long Lead Time Components at a price equal to that paid by Venture to the supplier of such Authorized Long Lead Time Components (without prejudice to Iomega's obligation to pay the inventory carrying charge as aforesaid) in which event Iomega shall own and have the right to control the disposition of such Long Lead Time Components.
Hold. Section 11.6. Hold Loan" \1 2}. The Fiscal Agent in its individual or any other capacity may become the owner or pledgee of any GoverrThental Lender Note and may otherwise deal with the Governmental Lender, the Funding Lenders, the Noteholder Representative, any Servicer and the Borrower with the same rights it would have if it were not Fiscal Agent. T-27388.001 /1 1 27885.doc 45 Council Agenda: 9-9-2014 Item No.: 3.5 Section 11.7. Held in "Section 11.7. Held in Trust" \1 21- Moneys held by the Fiscal Agent in trust hereunder need not be segregated from other funds except to the extent required by law. The Fiscal Agent shall be under no liability for interest on any moneys received by it hereunder except as otherwise provided herein.
Hold. 1. If a Contractor employs seven (7) or more employees covered by this Agreement, excluding Engineer-Oiler and Signalmen, Compressor Operators, Pump Operators, Generator Operators, Rodmen, Chainmen, Instrumentmen and Chief of Party on a Project, an Operating Engineer Foreman shall be employed at the rate of not less than Two Dollars ($2.00) per hour over the hourly rate of the highest paid Operating Engineer on the job or project. The additional pay shall be added to the regular rate and become the base rate for the entire shift. He shall not operate equipment except in an emergency or when the regular Operator is temporarily absent.
Hold. Tenant is to occupy the premises as a private residential dwelling. The Tenant shall peacefully and quietly have, hold and enjoy the premises during the term of the Lease. Tenant shall comply with all of the rules and regulations governing the premises and the community.
Hold. Harmless To the fullest extent permitted by law, the contractor will indemnify and hold harmless ClickableOil.com, Inc and its Owners, their officer, directors, partners, representatives, agents and employees from and against any and all claims, suits, liens, judgments, loses and expenses , including legal fees and all court costs and liabilities (including statutory liability) arising in whole or in part and in any manner from injury and or death of a person or damage to or loss of any property resulting form the acts, omissions, breach or default of contractor, its officers, directors, agents, employees and subcontractors, in connection with the performance of any work by or for contractor pursuant to any contract, purchase order, and/or any related proceed order either written or verbal, except those claims, suits, liens, judgments, damages, losses and expenses caused by the negligence of ClickableOil. Contractor will defend and bear all costs of defending any actions or proceedings brought against ClickableOil and or its owners, officers, directors, agents, and employees, arising in whole or in part out of any such acts, omission, breach or default. The forgoing indemnity shall include injury or death of any employee of contractor or subcontractors and shall not be limited in any way by an amount or type of damage, compensation, or benefit payable under worker's compensation, disability benefits, or other similar employees benefits act. The contractor hereby expressly permits ClickableOil.com, INC TO PURSUE CLAIMS against the contractor for indemnity, contribution and common law negligence arising out of claims for damages for death and personal injury.
Hold. HARMLESS Licensee hereby agrees to protect, indemnify, defend (with legal counsel acceptable to the Port) and to hold and save harmless the Port, its elected officials, agents and employees, their successors and assigns, heirs, executors, and administrators from and against all demands, liabilities, obligations, fines, claims, claims for mechanics liens, damages, penalties, causes of action, judgments, costs, and expenses (including without limitation attorney's fees and expenses) (collectively “Claims) due to, resulting from, or arising from: • Acts, failure to act, or omissions of Licensee, its servants, agents, invitees, guests and employees on or about Port property; • The Licensee’s use of Port property or any part thereof, including but not limited to, floats, docks or piers, ramps and approaches, buildings, sidewalks, curbs, parking lots, streets or ways; • Any failure on the part of Licensee to perform or comply with any rule, ordinance, contract or agreement term, or law; • Hazardous substances on Port property, to adjacent property, or into the waters of Fidalgo Bay caused in whole or in part by or arising from the activities of Licensee, its agents, or any other person or entity on the Port’s property as a result of Licensee’s activities during any period of time that Licensee has occupied all or a portion of the Port’s property during the term of this agreement or any previous agreement. ONLY TO THE EXTENT OF CLAIMS AGAINST LICENSEE BY THE PORT, THE UNDERSIGNED LICENSEE HEREBY WAIVES ITS IMMUNITY UNDER THE INDUSTRIAL INSURANCE ACT RCW TITLE 51, THE LONGSHOREMEN'S AND HARBOR WORKERS' COMPENSATION ACT, THE JONES ACT, AND OTHER SIMILAR WORKERS COMPENSATION STATUTUES. Initials THE UNDERSIGNED LICENSEE HEREBY AGREES TO INDEMNIFY THE PORT FOR THE CONCURRENT NEGLIGENCE OF THE PORT AND THE UNDERSIGNED LICENSEE TO THE EXTENT OF LICENSEE’S NEGLIGENCE. This indemnity agreement does not apply when such damage or injury is caused solely by negligent or intentional acts of the Port, its elected officials, agents, or employees.
Hold. Purchaser shall coordinate and pay all freight, insurance charges, taxes, import and export duties, inspection fees and other charges applicable to the sale and transport of the released Product. The delivery of Release Certificate shall not constitute a waiver or otherwise modify any warranty or indemnity set forth in this Agreement.