Common use of Failure by Vendor Clause in Contracts

Failure by Vendor. MMCAP Infuse reserves the right to immediately terminate the Agreement if the Vendor is not in compliance with the insurance requirements and retains all rights to pursue any legal remedies against the Vendor. All insurance policies must be open to inspection by Minnesota, and copies of policies must be submitted to MMCAP Infuse upon written request.

Failure by Vendor. MMCAP Infuse reserves the right to immediately terminate the Agreement if the Vendor is not in compliance with the insurance requirements and retains all rights to pursue any legal remedies against the Vendor. All Certified copies of all insurance policies must be open to inspection by Minnesota, and copies of evidence of insurance policies must be submitted to MMCAP Infuse upon written request.