Yacht definition
Examples of Yacht in a sentence
The Company shall not be liable for any compensatory, consequential, punitive or other damages or expenses (including travel and hotel) of ANY kind occasioned by the Charterer as a result of the Company’s inability to deliver the Yacht for any reason.
If the Charterer returns the Yacht in a condition that demands extraordinary cleaning, then the Company may charge the Charterer for that cleaning.
Full authority regarding the operation and management of the Yacht is hereby transferred to the Charterer for the term of the charter set to herein.
This insurance is held by the Company, according to the aforementioned terms, as protection against any loss or damage that may occur to, or be caused by, the Yacht during the charter period and the Charterer shall thereby be relieved of any liability for such loss or damage when covered by said policy or insurance, except to the extent of the security deposit and any liabilities as set out in the Client Responsibility Agreement.
The Charterer agrees to accept the Yacht as outlined herein and further agrees to pay ALL running expenses during the term of the charter.