The Seller is entitled to correspondently postpone the transportation and/or the release of Goods in case of any delay in
payment or in issuance of Qualified L/C under this Purchase Agreement and/or in case of any delay in payment under other
purchase order(s)/agreement(s)/contract(s) between Buyer/Buyer’s affiliate and Seller/Seller’s affiliate. Late fees shall be
charged on any amounts overdue for delay in payment or be charged on the total amount for delay in issuance of Qualified L/C
or in picking up Goods at the rate of 0.04 % per day. In the event that such delay of payment and/or delay of issuance of
Qualified L/C and/or delay of pick-up of Goods exceeds one week, the Seller is entitled to terminate this Agreement and retain
the payment received as liquidated damages without prejudice to Seller's other remedies under this Agreement.