Cancellation conditions: Personalized
If the Charterer who has paid the charter price in the whole, informs UTH on his withdrawal from use of the
Vessel, the Charter Company shall retail:
• 30% of the charter price where the charter is cancelled more than 61 (sixty-one) days before
commencement of the charter,
• 50% of the charter price where the charter is cancelled between 60 (sixty) and 31 (thirty-one) days
before commencement of the charter,
• 100% of the charter price where the charter in cancelled less than thirty days before the
commencement of the charter.