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H. Certificates <br /> Borrower shall provide to the State certificates evidencing Borrower's insurance coverage <br /> required in this Contract within 7 Business Days following the Effective Date. Borrower <br /> shall provide to the State certificates evidencing Subcontractor insurance coverage required <br /> under this Contract within 7 Business Days following the Effective Date, except that, if <br /> Borrower's subcontract is not in effect as of the Effective Date, Borrower shall provide to <br /> the State certificates showing Subcontractor insurance coverage required under this <br /> Contract within 7 Business Days following Borrower's execution of the subcontract. No <br /> later than 15 days before the expiration date of Borrower's or any Subcontractor's <br /> coverage, Borrower shall deliver to the State certificates of insurance evidencing renewals <br /> of coverage. At any other time during the term of this Contract, upon request by the State, <br /> Borrower shall, within 7 Business Days following the request by the State, supply to the <br /> State evidence satisfactory to the State of compliance with the provisions of this §22. <br /> 23. CONFLICTS OF INTEREST <br /> A. Actual Conflicts of Interest <br /> Borrower shall not engage in any business or activities, or maintain any relationships that <br /> conflict in any way with the full performance of the obligations of Borrower under this <br /> Contract. Such a conflict of interest would arise when a Borrower or Subcontractor's <br /> employee, officer or agent were to offer or provide any tangible personal benefit to an <br /> employee of the State, or any member of his or her immediate family or his or her partner, <br /> related to the award of, entry into or management or oversight of this Contract. <br /> B. Apparent Conflicts of Interest <br /> Borrower acknowledges that, with respect to this Contract, even the appearance of a <br /> conflict of interest shall be harmful to the State's interests. Absent the State's prior written <br /> approval, Borrower shall refrain from any practices, activities or relationships that <br /> reasonably appear to be in conflict with the full performance of Borrower's obligations <br /> under this Contract. <br /> C. Disclosure to the State <br /> If a conflict or the appearance of a conflict arises, or if Borrower is uncertain whether a <br /> conflict or the appearance of a conflict has arisen, Borrower shall submit to the State a <br /> disclosure statement setting forth the relevant details for the State's consideration. Failure <br /> to promptly submit a disclosure statement or to follow the State's direction in regard to the <br /> actual or apparent conflict constitutes a breach of this Contract. <br /> 24. BREACH <br /> A. Defined <br /> The failure of a Party to perform any of its obligations in accordance with this Contract, in <br /> whole or in part or in a timely or satisfactory manner, shall be a breach. The institution of <br /> proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against <br /> Borrower, or the appointment of a receiver or similar officer for Borrower or any of its <br /> property, which is not vacated or fully stayed within 30 days after the institution of such <br /> proceeding, shall also constitute a breach. <br /> Page 12 of 19 <br /> Contract Number:CT2018-1999 <br />