Custom Made Tow Barge - 1888

a) The other party has the right to cancel a contract concluded between the parties under the conditions set forth below. Cancellation shall be effected by a written registered notice sent by the other party to us. The cancellation date is the date on which we receive the notice.

b) If the other party cancels the agreement less than two months before the cruise, the agreement between the parties shall be terminated on the understanding that the other party shall owe 15% of the total amount due to us under the agreement.

c) If the other party cancels the agreement less than one month before the cruise, the agreement between the parties shall be terminated on the understanding that the other party shall owe 50% of the total amount due to us under the agreement.

(d) If the other party cancels the agreement less than fourteen days before the cruise, the agreement between the parties shall be terminated on the understanding that the other party shall owe 60% of the total amount due to us under the agreement.

e) If the other party cancels the agreement less than seven days before the cruise, the agreement between the parties shall be terminated on the understanding that the other party shall owe 75% of the total to us under the agreement.

f) If the other party cancels the agreement less than 48 hours before the cruise, the agreement between the parties shall be terminated on the understanding that the other party shall owe 100% of the total to us under the agreement.