/Docs/G/Cicero-Template-CmA/LateDeliveryAndPenalty/0.md
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---

(Sec = (Ti = Late Delivery and Penalty)

(sec = In case of delayed delivery(forceMajeure.sec = (forceMajeure.Alt0.sec = {AltPrompt}: (copy)- "(SecName = forceMajeure)
.sec={(SecName = forceMajeure)
.AltX.sec}" where X is 1-2)
:(forceMajeure.Altolist =

1. (forceMajeure.Altsecs = (forceMajeure.Alt1.sec = except for Force Majeure cases)
   
2. (forceMajeure.Alt2.sec = )
   )
   

)
)
the Seller shall pay to the Buyer for every {penaltyDuration} of delay penalty amounting to {penaltyPercentage}% of the total value of the Equipment whose delivery has been delayed. Any fractional part of a {fractionalPart} is to be considered a full {fractionalPart}. The total amount of penalty shall not however, exceed {capPercentage}% of the total value of the Equipment involved in late delivery. If the delay is more than {termination}, the Buyer is entitled to terminate this Contract.)
)