If it is mutually agreed that the Charterer will not be able to take possession of the boat for whatever reason, he is free to choose another Charterer who will abide by the terms of this agreement.
The following amounts will be retained by the Charteree if the Charterer is unable to replace himself:
In the event that the charter is terminated more than two (2) months prior to the charter’s start date, 30% of the charter cost will be forfeited.
In the event that the charter is terminated one (1) month prior to the charter’s start date, 50% of the charter cost will be due.
If the charter is terminated, the whole charter amount must be paid within the month before the charter date.
The charteree will give the yacht to the charterer on any other free and/or similar available charter for another time or within the following season if the deposit is not refunded due to death of family members or charter persons as well as any other situation which may occur like health conditions etc.