3. Terms of Liability and Cancellation
3.1 In case, the shipment is delayed beyond the time of delivery, the RTN may impose a daily fine at rate of 0.1 percent (equal to US$ 396.48) of the total cost of the incomplete work and when the delay reaches 45 days, the RTN is entitled to announce the cancellation of the order by registered Letter of Annulment for this work. The penalty will not be more than 10 (ten) percent of the total price, except that the contractor agrees to be fined without affecting any of the conditions in this agreement, If the order for this work is treated as cancelled by the contractor within the delivery deadline, the contractor will be fined by the employer at the rate of 10 (ten) percent of the total price.
3.2 In case, Light Helicopters Turbine Engine Company fails to deliver the parts as agreed in Light Helicopters Turbine Engine Company offered. Light Helicopters Turbine Engine Company is obiligated to bring back the wrong parts and urgently deliver the right parts to the RTN. The RTN. will not responsible for any compensation due to Light Helicopters Turbine Engine Company’s wrong delivery.