Abstract: A tool holder assembly is provided and includes a base portion and a holder portion. The holder portion is pivotably disposed within the base portion for reciprocating movement between a stored position and a removal position. The tool holder assembly also includes at least one interference member associated with one of either the base portion or the holder portion. The at least one interference member engaging a portion of the other of either the base portion or the holder portion and defining an interference fit therebetween for selectively restraining the holder portion in the stored position until a predetermined load is applied to overcome the interference fit.

Abstract: A tool holder is provided. The tool holder includes first and second casings connected by a hinge and at least one tool carrier. The tool carrier includes a base portion coupled to one of either the one of the first or second casings and a holder portion having at least one holder assembly adapted to receive a tool accessory. The holder portion is coupled to the base portion for selective movement between a stored position and a removal position, wherein the holder portion is positioned relative to the base portion to permit the tool accessory to be removed from the holder portion.