7.6 Late Payment:7.6.1 Without prej

7.6 Late Payment:7.6.1 Without prejudice to any of the SELLER’s other rights under this Agreement, if the BUYER fails to pay in full any sums on the due date, the SELLER shall have the right to charge interest at three (3) percentage points above the average London Interbank Offered Rate (“LIBOR”) for one month for United States dollars as published on Reuters Page “LIBOR” (or any successor thereto), such interest to run from the due date until the date payment is received by the SELLER’S bank.Such interest shall be payable to the SELLER on demand therefore being made by the SELLER.7.6.2 Interest shall continue to accrue until payment is paid in full notwithstanding the termination of this agreement for any cause whatsoever.7.6.3 The amount of interest payable to the SELLER shall be engrossed for withholding tax, if any, such that the net amount received by the SELLER after the deduction of any such withholding tax shall be equal to the full amount of interest due. Withholding tax on interest payment, if any, shall be for the account of BUYER.The provisions of this sub-clause shall not be construed as an indication of any willingness on the part of SELLER to provide extended credit as a matter of course, and shall be without prejudice to any rights and remedies which SELLER may have under this Agreement or otherwise.