5.1 If any payment to be paid by the Client to M25 Clearance under this Agreement is unpaid for a period of 30 days after it has become due M25 Clearance may at any time thereafter give to the Client 7 days written notice to terminate this Agreement and unless such overdue sum has been paid before the expiration of such notice M25 Clearance, shall, without the need for giving of any further notice, have the absolute right at any time thereafter to cease to provide Services where upon this Agreement shall then terminate absolutely and M25 Clearance’s obligations hereunder shall cease but without prejudice to the liabilities of Client to M25 Clearance .

5.2 Without prejudice to any other remedy which it may have, M25 Clearance shall be entitled to charge interest at the rate of 12.5% per month, above the base rate of National Westminster Bank on all overdue sums owed by the Client to M25 Clearance, such interest to accrue from day to day from the date when payment shall become due until the date when payment shall be made, whether before or after any judgment.