The object of claim for extension of time is to extend the construction time, to avoid the penalty for delay, and then provide the contract foundation for legality of financial claim.

This agreement pertaining to the contractual penalty or enforcement thereof shall not affect any justified legal claims for a delay in delivery.

In case that Buyer delays in paying the payment according to this Contract, Buyer shall pay to Seller penalty for each delay day, which is equal to _ % of total amount.