DELAYED PERFORMANCE. Neither party shall be liable for a failure to ------------------- perform under this Agreement for any cause beyond such party's reasonable control, which may include acts of God, acts of a public enemy, acts of Governments of any state or political subdivision or any department or regulatory agency thereof or entity created thereby, quotas, embargoes, acts of any person engaged in subversive activity or sabotage, fires, floods, explosions, or other catastrophes, epidemics, or quarantine restrictions, strikes or other labor stoppages, slowdowns or disputes. Each party shall: (a) promptly notify the other of any such event or threatened event; and (b) use due diligence and all reasonable efforts to cure any such cause preventing or threatening to prevent its performance and to resume performance.
Appears in 2 contracts
Sources: Basestock Supply Agreement (Appleton Papers Inc/Wi), Basestock Supply Agreement (Paperweight Development Corp)