The Company shall be entitled, without prejudice to its other rights and remedies, either to terminate wholly or in part any or every contract between itself and the Buyer or to suspend any further deliveries under any or every such contract in any of the following events:
a) Any diligence or other legal process being levied upon any of the Buyer's assets.
b) If any debt is due and payable by the Buyer to the Company but is unpaid;
c) If the buyer has failed to take delivery of any goods under any contract between it and the Company otherwise than in accordance with the Buyer's contractual rights;
d) If the Buyer becomes insolvent or enters into any composition or arrangement (including a voluntary arrangement) with his creditors or being a body corporate has passed a resolution for voluntary winding-up except where solely for the purpose of amalgamation or reconstruction or if a petition has been presented for an order for its winding-up or for a receiver (including an administrative receiver) or administrator to be appointed or if any such order or appointment is made or if being an individual or partnership the Buyer suspends payment of his or their debts in whole or in part or if an application has been made for an interim order or a petition has been presented for a bankruptcy order or if any such order is made or if the Buyer whether or not a body corporate shall carry out or be subject to any analogous act or proceedings under foreign law. In the event of a termination by the Company of the contract in accordance with sections (a), (b), (c) or (d) above or any cancellation and/or repudiation of the contract by the Buyer the Company shall be entitled to recover as damages from the Buyer the following:
(i) The value including any work completed or goods manufactured at the date of termination.
(ii) The value of any work begun or goods begun to be manufactured but not completed at the date of termination including the cost of materials, labour, overheads and profit in connection therewith.
(iii) A sum representing any further profit which the Company would have made on the contract but for its termination such profit to be determined by the Company's Auditors whose decision shall be conclusive and binding on the Buyer.