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University is excess and non-contributory. The certificate of insurances must reflect that 322 the above wording is included in the required policies. 323 324 g. All policies shall be written by a reputable insurance company with a current AM 325 Best Rating of A-VII or better, and authorized to do business in Minnesota. 326 327 h. Licensee shall require that its contractors and consultants of every tier waive all 328 subrogation and recovery rights against University for General Liability and Workers 329 Compensation. 330 331 i. No endorsements, except those expressly stated herein, may be included on any 332 policy limiting coverage. 333 334 j. Licensee’s contractors and consultants shall provide to University prior to 335 entering onto the University Property fully executed Certificates of Insurance evidencing 336 that they have obtained the required coverage and endorsements. 337 338 6. Permits. In additional to any other approvals required by this Agreement, Licensee shall 339 obtain from University’s Building Code Office any permits required for Licensee’s construction 340 of the Project on the University Property. 341 342 7. Default. Default Licensee shall be in default (“”) of this Agreement if Licensee violates 343 or fails to perform or observe any covenant, condition, or obligation of this Agreement for a 344 period of 10 days after Licensee’s receipt of written notice from University describing the 345 alleged violation or failure, except with respect to Section 4.3, for which Licensee shall be in 346 Default if it fails to commence correction of the unperformed covenant, condition, or obligation 347 within 1 day after receipt of written notice and to thereafter diligently pursue such correction to 348 completion. In the event of any such written notice by University to Licensee, University agrees 349 that, upon request of Licensee, University representatives will meet and confer with 350 representatives of Licensee to assist Licensee in understanding the alleged violation or failure 351 and how it may be cured to the satisfaction of University. In the event of a Default, the 352 University, in its sole discretion, may: (i) seek specific performance of the unperformed 353 obligation; (ii) seek an injunction restraining a violation of this Agreement; (iii) perform 354 Licensee’s obligations and charge Licensee for its costs reasonably incurred in doing so; or (iv) 355 terminate this Agreement. Licensee shall promptly reimburse University for costs the University 356 incurs under this section. Notwithstanding anything to the contrary in this Section 7, (a) in the 357 event that correction of the condition which is alleged by University to constitute a failure by 358 Licensee to perform or observe a covenant, condition or obligation of this Agreement requires 359 work which is impractical due to reasonably foreseeable weather conditions during said 10 day 360 period, provided that Licensee diligently pursues correction of the unperformed covenant, 361 condition or obligation, Licensee shall be entitled to 30 days after Licensor’s written notice to 362 complete the work which is required to perform the alleged unperformed obligation; (b) if 363 Licensee’s Default poses an imminent hazard or threat to human health or the environment, the 364 University is required to give Licensee written notice before the University shall have the right to 365 do any of the following: (i) seek specific performance of the unperformed obligation; (ii) seek an 366 8