4.7 If the Lessee neglects to pay the outstanding cash of the Security amount to the Lessor within in time periods stipulated in 4.5 or the Leases neglects to fill in the Security amount till it is at the complete level as specified in 4.6, it is deemed that the Lessee defaults the Agreement and the Lessee shall be responsible for the fine to the Lessor in the rate 1.5% per month of the outstanding amount starting on the date the Lessee defaults until the Lessee pays the complete outstanding amount to the Lessor. The Lessor reserves the right to terminate the Agreement.