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CANARY SAILING - TERMS AND CONDITION OF BUSINESS

COPY OF THE CONTRACT THAT YOU WILL BE ASKED TO SIGN ON ARRIVAL WHEN YOU TAKE OVER THE BOAT

Bare Boat charter contract

This agreement is made between :Frank Castella 42.774.317 k ( Canary sailing), The Company, and

The Charterer s name and adress ............................................. ..................................................


Yacht model: 
Port of delivery: .....................................................................  Port of re-delivery: .......................................................
Cruising limits:  CANARY ISLANDS WATERS
Charter period:   ....................................................................... ....................................................................................
Charter fee: to be paid as follows, advance payment of 30% upon booking: ..............................................................
Balance of due on arrival: ............................................ ................................................................................................
Security deposit due on arrival:....................................................... .............................................................................
.

Charter terms



1.- Charter and payment

1. -The company shall let on bareboat charter and the charterer shall hire the yacht for the charter period
2..-The advance payment shall be paid to the company on the signing of this agreement. The balance payment and the security deposit shall be paid on arrival. All moneys payable hereunder are deemed due upon signing this agreementt

2.- Security deposit
1.- The company may retain and apply the security deposit in deduction or extinction of,
2.- Any liability of the charterer to the company, howsoever the same may arise, and-or
3.- The cost of repairing any loss or damage to the yacht, her equipment, or furnishings attributed to carelessness or bad seamanship

4.- Any liability arising from damage caused to third party property provided that such retention shall be without prejudice to the right of the company to recover any unsatisfied balance of such liability or cost from the charterer
5.- Subject as aforesaid, the security deposit or any balance remaining shall be returned to the charterer within 14 days after the re-delivery of the yacht to the company or, in the event of dispute, upon the determination of such a dispute.

3.- Company´s obligations

1.- the company shall deliver the yacht to the charterer or his appointed representative in good and seaworthy condition, complying with the provisions of the Department of Transport, (i.e. Secretaría de Estado de Infraestructuras y transportes, Dirección General de la Marina Mercante) for the safety of small commercial vessels code of practice, to the extent that the said code is applicable to the yacht. In the event of any loss of time occasioned as a result of the company’s failure to comply with the provisions of this clause, the charterer s damaged shall be limited to the charter fee and the company’s shall have no liability for consequential losses of whatsoever nature.
2.-the company will use its best endeavours to deliver the yacht to the charterer at the agreed time and place. If for any reason the yacht shall not be so delivered, a pro rate refund will be made to the chartered for each complete 12 hours delay. If such delay exceeds 25% of the total charter period, the charterer shall be at liberty to treat the charter as determined and the company shall thereupon return all sums paid. In this event, the company shall not be liable to pay to the charterer any other compensation for any loss or damage of whatsoever nature resulting from curtailment or cancellation of this charter.

4.- Insurance

1.- The yacht and her equipment shall be insured on the term of the Institute Yacht Clauses or on term similar thereto for her full value with third party damage cover, subject to a policy deductible no greater than the security deposit.
2.- Notwithstanding, the charterer shall indemnify the company in respect of any loss or damage to the yacht or her equipment or any other expenses or liability arising out of any act of omission of the charterer, his servants or agents or any other member of his party which is not for any reason covered by the yachts insurance.
3.- The company has a additional policy to cover for death or personal injury suffered by the charterer, his servants, agents or any member of his party save in the event that same is caused by his wilful default.
4.-The charterer will not take the yacht outside the cruising limits, nor do any other act which may visitate the yachts insurance or prejudice his right to claim there under

5.- Charterer obligations

1.-The charterer must be the holder of a certificate of competence and warrants that he/she and his/her crew have the experience and competence needed and they are capable of safely handling the yacht.
2.-The Charterer shall pay for all running expenses during the charter period and to the extent that upon return, any consumables have not been restored to their level upon handover, the charterer shall be liable to the company for the cost thereof.
3.-In the event of any damage to or failure of the yacht or any incident involving a third party, the charterer shall at the earliest opportunity report such occurrence to the company or his local agent and shall comply with any instructions given by him.
4.-The charterer will not sub charter or part with the control of the yacht without the written consent of the company.
5.-The charterer will not use the yacht for any purpose other than private pleasure cruising for himself, his crew and gest. He will not race the yacht without written consent of the Owner.
6.-The charterer will limit the number of persons in his party to those specified on the passengers list, which will be no more than the legal amount which is eight,
7.--The charterer shall take care and assume full responsibility for the safety and maintenance of the yacht and its equipment at all times including periods when the yacht is left unattended.
8.--The charterer shall observe all regulations of customs, harbour or other authorities specially those related to drugs
9.-The charterer shall not allow any animals on board the yacht without written consent of the company.
10.--The charterer shall ensure that the yacht remains afloat at all times.
11.-At the end of the charter period, the charterer shall re-deliver the yacht to the company at the port of delivery, cleaned, and in the condition as upon delivery (reasonable wear and tear excepted) and with her inventory complete. If the charterer shall fail to re-deliver the yacht at the time and place agreed, he shall be liable for a sum equal to twice the pro-rate daily charter fee for every day or part thereof by which re- delivery is delayed. The charterer obligation under this agreement shall continue until eventual re-delivery.

6.- General

1.-The company or its agent shall have the right to accompany the charterer for trial prior to delivery. In the event that the company is not satisfied as to the ability of the charterer to safely handle the yacht, the company, shall be at liberty to terminate this agreement.
2.-The company shall have the right to restrict the cruising limits of the charterer in the light of the experience of the charterer and the members of his party, and/or the actual or anticipate weather conditions
3.-Save as provided otherwise in the terms of business of the company, the provisions herein shall exhaustively govern the rights and obligation of the parties hereto.
4.-This agreement is subject to Spanish Law. Any differences or disputes of whatsoever nature arising out of this charter shall be referred to the Courts of Law of Las Palmas of Gran Canaria.



Signed by or on behalf of the company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 


Signed by the Charterer . . . . . . . . . . . . . . . . . . . . . . Date . . . . . . . . . . . .


 

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