There is provided a tool holding and conveying chain adapted to securely lock and position a tool pot, i.e., a connecting pin, to a pin hole of either an outer or inner link plate so that the tool pot does not to turn and to achieve steady and smooth attachment and removal of a tool in and out of the tool pot with a simple attachment structure. The tool pot has a pair of positioning flat portions formed by cutting a link plate attaching outer circumferential region of the tool pot and the outer link plate has a pair of positioning cooperative flat portions formed so as to bulge out of an inner circumference to a center of a pin hole. The positioning flat portions of the tool pot is fitted into and locked by the positioning cooperative flat portions when the tool pot is attached in the link plate.