Common use of Certificate Holder Clause in Contracts

Certificate Holder. The Regents of the University of Colorado, University Risk Management, 0000 Xxxxx Xxxxxx, Xxxxx 000, Xxxxxx, XX 00000. Failure of the Contractor to fully comply with these requirements during the term of the Contract may be considered a material breach of contract and may be cause for immediate termination of the Contract at the option of the Principal Representative. The Principal Representative reserves the right to negotiate additional specific insurance requirements at the time of the contract award.