Common use of Cancellation within 3 days Clause in Contracts

Cancellation within 3 days. If ▇▇▇▇▇ cancels all or part of the Event or notifies BCEC Management that it no longer requires all or part of the Event Facilities within 3 days before the start of the Hiring Period, then ▇▇▇▇▇ must also pay to BCEC Management as liquidated damages an amount equal to the Estimated Costs (calculated in accordance with clause 4.1) in respect of that part of the Event or Event Facilities cancelled or no longer required.

Cancellation within 3 days. If ▇▇▇▇▇ Hirer cancels all or part of the Event or notifies BCEC Management that it no longer requires all or part of the Event Facilities within 3 days before the start of the Hiring Period, then ▇▇▇▇▇ must also pay to BCEC Management as liquidated damages an amount equal to the Estimated Costs (calculated in accordance with clause 4.1) in respect of that part of the Event or Event Facilities cancelled or no longer required.