Common use of Materiality of Security Inquiry Provisions Clause in Contracts

Materiality of Security Inquiry Provisions. The Security Inquiry provisions of this Agreement, as set forth above, are material to Owner 's entry into this Agreement and any breach thereof by CM@Risk may, at Owner’s option, sole and unfettered discretion, be considered to be a breach of contract of sufficient magnitude to terminate this Agreement. Such termination shall subject CM@Risk to liability for its breach of contract. ATTACHMENT 1 PERFORMANCE AND PAYMENT BOND FORMS SECTION 00050 - ARIZONA BOARD OF REGENTS PERFORMANCE BOND PURSUANT TO BOARD OF REGENTS POLICY 3-804E (Penalty of this bond must be 100% of the Contract Amount) KNOW ALL MEN BY THESE PRESENTS: That, (hereinafter called the Principal), as Principal, and a corporation organized and existing under the laws of the State of , with its principal office in the City of (hereinafter called the Surety), as Surety, are held and firmly bound unto the Arizona Board of Regents, (hereinafter called the Obligee), in the amount of Dollars ($ ), for the payment whereof, the said Principal and Surety bind themselves, and their heirs, administrators, executors, successors and assigns, jointly and severally, firmly by these presents.

Materiality of Security Inquiry Provisions. The Security Inquiry provisions of this Agreement, as set forth above, are material to Owner Owner's entry into this Agreement and any breach thereof by CM@Risk may, at Owner’s option, sole and unfettered discretion, be considered to be a breach of contract of sufficient magnitude to terminate this Agreement. Such termination shall subject CM@Risk to liability for its breach of contract. ATTACHMENT 1 PERFORMANCE AND PAYMENT BOND FORMS SECTION 00050 - ARIZONA BOARD OF REGENTS PERFORMANCE BOND PURSUANT TO BOARD OF REGENTS POLICY 3-804E (Penalty of this bond must be 100% of the Contract Amount) KNOW ALL MEN BY THESE PRESENTS: That, (hereinafter called the Principal), as Principal, and a corporation organized and existing under the laws of the State of , with its principal office in the City of (hereinafter called the Surety), as Surety, are held and firmly bound unto the Arizona Board of Regents, (hereinafter called the Obligee), in the amount of Dollars ($ ), for the payment whereof, the said Principal and Surety bind themselves, and their heirs, administrators, executors, successors and assigns, jointly and severally, firmly by these presents.

Materiality of Security Inquiry Provisions. The Security Inquiry provisions of this Agreement, as set forth above, are material to Owner Owner's entry into this Agreement and any breach thereof by CM@Risk may, at Owner’s option, sole and unfettered discretion, be considered to be a breach of contract of sufficient magnitude to terminate this Agreement. Such termination shall subject CM@Risk to liability for its breach of contract. ATTACHMENT 1 PERFORMANCE AND PAYMENT BOND FORMS SECTION 00050 - ARIZONA BOARD OF REGENTS PERFORMANCE BOND PURSUANT TO BOARD OF REGENTS POLICY 3-804E (Penalty of this bond must be 100% of the Contract Amount) KNOW ALL MEN BY THESE PRESENTS: That, (hereinafter called the Principal), as Principal, and a corporation organized and existing under the laws of the State of , with its principal office in the City of (hereinafter called the Surety), as Surety, are held and firmly bound unto the Arizona Board of Regents, (hereinafter called the Obligee), in the amount of Dollars dollars ($ ), for the payment whereof, the said Principal and Surety bind themselves, and their heirs, administrators, executors, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has entered into a certain written contract with the Obligee, dated the day of , 20 , to construct and complete a certain work described as which contract is hereby referred to and made a part hereof as fully and to the same extent as if copied at length herein.

Materiality of Security Inquiry Provisions. The Security Inquiry provisions of this Agreement, as set forth above, are material to Owner Owner's entry into this Agreement and any breach thereof by CM@Risk may, at Owner’s option, sole and unfettered discretion, be considered to be a breach of contract of sufficient magnitude to terminate this Agreement. Such termination shall subject CM@Risk to liability for its breach of contract. ATTACHMENT 1 PERFORMANCE AND PAYMENT BOND FORMS SECTION 00050 - ARIZONA BOARD OF REGENTS PERFORMANCE BOND PURSUANT TO BOARD OF REGENTS POLICY 3-804E (Penalty of this bond must be 100% of the Contract Amount) KNOW ALL MEN BY THESE PRESENTS: That, (hereinafter called the Principal), as Principal, and a corporation organized and existing under the laws of the State of , with its principal office in the City of (hereinafter called the Surety), as Surety, are held and firmly bound unto the Arizona Board of Regents, (hereinafter called the Obligee), in the amount of Dollars ($ ), for the payment whereof, the said Principal and Surety bind themselves, and their heirs, administrators, executors, successors and assigns, jointly and severally, firmly by these presents.

Materiality of Security Inquiry Provisions. The Security Inquiry provisions of this Agreement, as set forth above, are material to Owner Owner's entry into this Agreement and any breach thereof by CM@Risk may, at Owner’s option, sole and unfettered discretion, be considered to be a breach of contract of sufficient magnitude to terminate this Agreement. Such termination shall subject CM@Risk to liability for its breach of contract. ATTACHMENT 1 PERFORMANCE AND PAYMENT BOND FORMS SECTION 00050 - ARIZONA BOARD OF REGENTS PERFORMANCE BOND PURSUANT TO BOARD OF REGENTS POLICY 3-804E (Penalty of this bond must be 100% of the Contract Amount) KNOW ALL MEN BY THESE PRESENTS: That, (hereinafter called the Principal), as Principal, and a corporation organized and existing under the laws of the State of , with its principal office in the City of (hereinafter called the Surety), as Surety, are held and firmly bound unto the Arizona Board of Regents, (hereinafter called the Obligee), in the amount of Dollars dollars ($ ), for the payment whereof, the said Principal and Surety bind themselves, and their heirs, administrators, executors, successors and assigns, jointly and severally, firmly by these presents.