CANCELLATION SPONSORSHIP PACKAGES Sample Clauses

CANCELLATION SPONSORSHIP PACKAGES. The sponsor/company cancelling his application for a sponsorship package after the official application has been accepted by the Organizing Secretariat, will be liable to pay the following fees. If the package can not be reallocated to another company: - 50% of the total rate, if the cancellation is received in writing before June 15, 2017; - 100% of the total rate, if the cancellation is received in writing after June 15, 2017. Any refunds will be made after the conference but not later than December 31, 2017. The sponsor will not be entitled to any interest that the organizer may have derived from payments made by the sponsor. All bank charges, including sender’s and receiver’s charges, resulting from a refund related to cancellation of sponsorship package will be at the charge of the sponsor.
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