Common use of Annual Certification and Notice of Changes Clause in Contracts

Annual Certification and Notice of Changes. Vendor shall certify in writing no later than January 31 of each year that each of the representations, warranties and covenants made in this Section are true as of December 31 of the prior year, or shall state in writing the facts that render such representations, warranties and covenants no longer true. Vendor shall notify LACERA in writing within three (3) business days of any of the following changes: (i) Vendor becomes aware that any of its representations, warranties and covenants set forth herein cease to be materially true at any time during the term of this Agreement; (ii) there is any change in Vendor’s senior personnel assigned to perform the Services under this Agreement, or in Vendor’s key personnel within its organization; (iii) there is any change in ownership or control of Vendor; or (iv) Vendor becomes aware of any other material change in its business organization, including without limitation the filing for bankruptcy relief.