Late Delivery and Penalty. 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 total value of the Equipment whose delivery has been delayed. Any fractional part of a day is to be considered a full day. The total amount of penalty shall not, however, exceed 55% 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.