6.3 If, prior to the date of cancellation, the ship has assumed the charter arrangements or if the owner has had to meet other expenses on behalf of the charterer, the charterer shall reimburse such costs, unless the charterer can be reimbursed in whole or in part by the supplier or transferred to the next charter; in this case, these costs will be adjusted accordingly. The owner is obliged to reduce these costs as much as possible. 4.6 In the event of significant damage to the ship during the charter period giving entitlement to the ship`s insurance or in the event of a breakdown of equipment or materials rendering the ship unusable, a proportional credit shall be made for the period during which the ship has not been seagoing or unusable, or (if the charter chooses this and the subsequent charter of the yacht authorisation) the charter period shall be extended for the period of such forced incapacity, provided that neither the charterer nor any member of its party caused or contributed to the damage or breakdown, and provided that the owner is not held liable for any other compensation in the event of damage or breakdown, whether with regard to consequential losses, financial or other losses, whether. – Damage or burglary is caused by the negligence of the owner and results in death or bodily harm. (An engine failure in an auxiliary yacht is not considered inappropriate for use under this Agreement). 5.10 The charterer shall limit the number of persons in his party to a number of berths on the ship, except by prior appointment with the owner, this agreement being conditional on the party to the charterer does not exceed the number of berths authorized by the competent authority on the ship. 6.2.3 In the event that the owner is able to charter the vessel for all or part of the charter period, the owner will credit the net amount of the charter rent resulting from the new charter up to the value of the balance. The owner shall make every reasonable efforts to re-charter the vessel and may not refuse to give consent to the relocation, although charters that can reasonably be considered harmful to the vessel, its reputation or its timing may be refused. The carrier shall make the aircraft available to the charterer in accordance with the schedule below and the charterer shall charter the aircraft by the air carrier under the conditions set out in the schedule below and subject to the conditions set out in the terms and conditions annexed to this Agreement and forming part of this Agreement.

The Baltic Air Charter Association (“BACA”) has prepared the attached draft model contract as a guide for its members and others with regard to frequently used contractual terms that are involved in agreements that may cover the activity they carry out. . . .