If the Charterer cancels the charter for any reason he can (if previously agreed with Charteree) transfer his rights and commitments to other Charterer.
If the Charterer is not able to find another Charterer, Charteree shall retain:
- 10 % of charter fee for the cancellation after booking confirmation (not refundable).
- 50 % of charter fee for cancellation 3 months before the commencement of the charter.
- 100 % of charter fee for cancellation 2 months before commencement of the charter.
If cancellation is due to objective reasons (death of a family member, havy injury, illness, war or others) the received deposit will not be paid back, but the Charteree will try to give the yacht to the Charterer's disposal in another free period of time if possible. In this matter we recommend to the Charterer to close an travel cancellation insurance by the insurance company of his choice.Charter terms and conditions - All