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• <br />• <br />• <br />' transferred, a description of the entire gas distribution system <br />to be transferred, and the terms of the transfer. Within 120 <br />days after receipt of the offer, the Grantee may, at its option, <br />elect to purchase all, but not less than all, of the gas <br />distribution system offered to the Grantee. The Grantee shall <br />exercise its election to purchase by giving written notice to the <br />City of its intention to purchase the gas distribution system <br />offered on the terms set forth in the offer. The closing for the <br />purchase and sale to the Grantee pursuant to this Section 5.6 <br />shall take place no later than 30 days after the City received <br />notice of Grantee's intent to purchase. In the event of any <br />purchase by the Grantee pursuant to this Section 5.6, the City <br />shall enact an ordinance granting a franchise to the Grantee on <br />terms identical to those contained in this ordinance, for a <br />period of at least ten years. The provisions of this Section 5.6 <br />shall survive any expiration, forfeiture, revocation, or <br />termination of this franchise for any reason whatsoever, and <br />shall survive any repeal or amendment of this ordinance. <br />Section 6: Service and Standards. <br />6.1. Supply of Gas. The Grantee agrees to provide and to <br />maintain its entire plant and system in the City in condition ,to <br />furnish safe, adequate and continuous service, subject, however, <br />to the further provisions of this section. <br />6.1.1. Failure to Deliver or Receive Gas. The Grantee is <br />not liable to any of its customers or to the City for its failure <br />to deliver gas, and said customers and the City are not liable to <br />the Grantee for their failure to receive gas when such failure is <br />-10- <br />