Provisions for Cure and Default upon Non-Compliance. If the School fails to provide to Sponsor evidence of insurance required by this section after two (2) business days written notice from Sponsor, then the School shall be in material breach of this Contract. Further, any failure by the School to continuously maintain the insurance as required herein (it being understood that there shall be no lapse of coverage) shall be a material breach of this Contract. In any event, the School’s failure to comply with this section will constitute cause for non-renewal, or immediate termination of this Contract pursuant to section I.D.(4) above.
Appears in 5 contracts
Samples: Charter School Renewal Contract, Renewal Contract, Renewal Contract
