Res 1986-095B - Laserfiche WebLink

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this Agreement, by reason of physical inability of CITY to deliver the purchase money because of failure or national moratorium of operation of the banks, transfer agents, brokers, stock exchanges or modes of transportation: or work stoppages: or restraint by court order or other public authority: or action or inaction concerning governmental or regulatory authorizations: or transportation delay: or death or personal injury to a representative of a Party whose signature is necessary, upon such Party's giving notice and full particulars of such force majeure in writing or by telephone to the other Party as soon as reasonably possible after the occurrence of the cause relied upon, the obligations of that Party giving such notice, so far as they are affected by such force majeure, shall be suspended during the continuance of any inability of performance so caused, but in no event for longer than ninety (90) days. Telephone notices given under the provisions of Section 14.09(a) shall be confirmed in writing as soon as reasonably possible and shall specifically state full particulars of the force majeure, date when the force majeure began and when the force majeure ceased or is expected to cease. This Agreement shall not be terminated by reason of any such cause but shall remain in full force and effect. Either Party rendered unable to fulfill any of its obligations under this Agreement by reason of force majeure shall exercise due diligence to remove such inability with all reasonable dispatch. The time during which any force majeure occurrence results in the suspension of obligations by a Party to this Agreement shall be 27.