If the Buyer is in default with regard to any obligation under the Agreement or these general terms and conditions, or if the Buyer has filed (or applied) for bankruptcy, suspension of payments, debt restructuring under the Debt Restructuring (Natural Persons) Act, incapacity for work, strikes, seizure, (business) takeover and/or merger, or death, all the claims of Neomounts on the Buyer will become immediately due and payable and Neomounts will have the right to terminate the Agreement in writing. At such time Neomounts will be entitled to payment of the entire invoice amount, less the (direct) costs saved by Neomounts as a result of the termination. In such a case, the Buyer will not be able to claim compensation for damage.