if buyer elects to grant seller additional time within which to deliver the Wood pellet, Seller shall deliver the Wood Pellet within such period and shall pay buyer liquidated damages for the total period of delay if seller fails to deliver the wood pellet within th extension period, buyer shall have the right to terminate or cancel the contract without further liability, holding seller responsible for all resulting damages arbitrtionall dis putes in conection with this contract thereof shall be amicably settled through con sultation.
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