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CMS M88355 <br />c) Any certification, representation or warranty by Contractor in response to the Solicitation or in this <br />Master Agreement that proves to be untrue or materially misleading; or <br />d) Institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or <br />against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its <br />property, which is not vacated or fully stayed within thirty (30) calendar days after the institution or <br />occurrence thereof, or <br />e) Any default specified in another section of this Master Agreement. <br />2) Upon the occurrence of an event of default, Lead State shall issue a written notice of default, identifying <br />the nature of the default, and providing a period of thirty (30) calendar days in which Contractor shall have <br />an opportunity to cure the default. The Lead State shall not be required to provide advance written notice or <br />a cure period and may immediately terminate this Master Agreement in whole or in part if the Lead State, <br />in its sole discretion, determines that it is reasonably necessary to preserve public safety or prevent <br />immediate public crisis. Time allowed for cure shall not diminish or eliminate Contractor's liability for <br />damages, including liquidated damages to the extent provided for under this Master Agreement. <br />3) If Contractor is afforded an opportunity to cure and fails to cure the default within the period specified in <br />the written notice of default, Contractor shall be in breach of its obligations under this Master Agreement <br />and Lead State shall have the right to exercise any or all of the following remedies: <br />a) Exercise any remedy provided by law; and <br />b) Terminate this Master Agreement and any related Contracts or portions thereof; and <br />c) Impose liquidated damages as provided in this Master Agreement; and <br />d) Suspend Contractor from being able to respond to future bid Solicitations; and <br />e) Suspend Contractors performance; and <br />f) Withhold payment until the default is remedied. <br />4) Unless otherwise specified in the Participating Addendum, in the event of a default under a Participating <br />Addendum, a Participating Entity shall provide a written notice of default as described in this section and <br />have ail of the rights and remedies under this paragraph regarding its participation in the Master <br />Agreement, in addition to those set forth in its Participating Addendum. Unless otherwise specified in a <br />Purchase Order, a Purchasing Entity shall provide written notice of default as described in this section and <br />have all of the rights and remedies under this paragraph and any applicable Participating Addendum with <br />respect to an Order placed by the Purchasing Entity. Nothing in these Master Agreement Terms and <br />Conditions shall be construed to limit the rights and remedies available to a Purchasing Entity under the <br />applicable commercial code. <br />K. Waiver of Breach <br />Failure of the Lead Stale, Participating Entity, or Purchasing Entity to declare a default or enforce any rights <br />and remedies shall not operate as a waiver under this Master Agreement or Participating Addendum. Any <br />waiver by the Lead State, Participating Entity, or Purchasing Entity must be in writing. Waiver by the Lead <br />State or Participating Entity of any default, right or remedy under this Master Agreement or Participating <br />Addendum, or by Purchasing Entity with respect to any Purchase Order, or breach of any terms or requirements <br />of this Master Agreement, a Participating Addendum, or Purchase Order shall not be construed or operate as a <br />waiver of any subsequent default or breach of such term or requirement, or of any other term or requirement <br />under this Master Agreement, Participating Addendum, or Purchase Order. <br />L. Debarment <br />The Contractor certifies that neither it nor its principals are presently debarred, suspended, proposed for <br />debarment, declared ineligible, or voluntarily excluded from participation in this transaction (Contract) by any <br />governmental department or agency. This certification represents a recurring certification made at the time any <br />Order is placed under this Master Agreement. If the Contractor cannot certify this statement, attach a written <br />explanation for review by the Lead State. <br />M. Indemnification <br />l) The Contractor shall defend, indemnify and hold harmless NASPO, NASPO Cooperative Purchasing <br />Organization LLC (doing business as NASPO ValuePoint), the Lead State, Participating Entities, and <br />Purchasing Entities, along with their officers, agents, and employees as well as any person or entity for <br />Page 18 of 21 <br />Body Annw Products RFP-NK•15-001, NASPO VaImPolnt Master Agreement Terms and Corddorts <br />