Examples of Idle in a sentence
On February 28, 2002, if Buyer is selected as the winning bidder at the Auction, Buyer shall deposit with the Escrow Agent $5,172,000 (the "HOT IDLE DEPOSIT").
The Hot Idle Deposit and sums subsequently deposited in the account maintained pursuant to the Hot Idle Escrow Agreement (collectively, the "HOT IDLE ACCOUNT") shall be held and disbursed pursuant to the terms of the Hot Idle Escrow Agreement and this Agreement.
ASSIGNOR SHALL NOT BE LIABLE FOR ANY INDIRECT, CONSEQUENTIAL OR SPECIAL DAMAGES OR LOSSES, OR ANY NEGLIGENT OR INTENTIONAL INFRINGEMENT DUE TO PERFORMANCE OF THE AGREEMENT BY ASSIGNEE, INCLUDING BUT NOT LIMITED TO THE LOSSES OF PROFITS, GAINS, INTERESTS OR IDLE EQUIPMENT ARISING OUT OF ANY BREACH OF THE AGREEMENT HEREUNDER.
THE BUYER ACKNOWLEDGES AND AGREES THAT THE SELLER IS SELLING AND CONVEYING AND THE BUYER IS PURCHASING, TAKING AND ACCEPTING THE IDLE ASSETS STRICTLY ON AN “AS IS, WHERE IS” BASIS.
In the IDLE state, there is no processing of Line In or Line Out.