Common use of HOLD AND SAVE Clause in Contracts

HOLD AND SAVE. Include the optional language after the colon only if optional Article XIX - Obligations of Future Appropriations (see note 27) is included in the agreement and the sponsor requests this optional language be added to Article IX of the agreement. In addition, if this language is included, delete the “The”. Reminder: The entire article is not optional as only the phrase shown in the brackets is optional.

HOLD AND SAVE. Include the optional language after the colon only if optional Article XIX - Obligations of Future Appropriations (see note 2725) is included in the agreement and the sponsor requests this optional language be added to Article IX of the agreement. In addition, if this language is included, delete the “The”. Reminder: The entire article is not optional as only the phrase shown in the brackets is optional.

HOLD AND SAVE. Include all the optional language after the colon only if optional Article XIX - Obligations of Future Appropriations (see note 2732) is included in the agreement and the sponsor requests this optional language be added to Article IX of the agreement. In addition, if this language is included, delete the “The”. Reminder: The entire article is not optional as optional, only the phrase shown in the brackets is optional.