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@accordproject/cicero-server

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Cicero Server - wraps the Cicero Engine and exposes it as a RESTful service

github.com/accordproject/cicero

accordproject/cicero

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Late Delivery and Penalty. In case of delayed delivery except for Force Majeure cases, the Seller shall pay to the Buyer for every 9 days of delay penalty amounting to 7% of the total value of the Equipment whose delivery has been delayed. Any fractional part of a days is to be considered a full days. The total amount of penalty shall not however, exceed 2% of the total value of the Equipment involved in late delivery. If the delay is more than 2 weeks, the Buyer is entitled to terminate this Contract.