In case of delayed delivery, except for Force Majeure cases, the Seller shall pay to the Buyer for every "2 days" of delay Penalty amounting to 10.5% of the total value of the Equipment whose delivery has been delayed.
Any fractional part of a days is to be considered a full days.
The total amount of penalty shall not however, exceed 55.0% of the total value of the Equipment involved in late delivery.
If the delay is more than "15 days", the Buyer is entitled to terminate this Contract.