Here's an example of a typical cancellation clause, and some expert advice on what to do if some of this language creeps into your next contract. CLAUSE: Cancellation Policy “If the Group cancels this contract, the Group's liability for liquidated damages will be as follows: Notice of Cancellation Received Liquidated damages More than 180 days prior to arrival 40% of anticipated room revenue 90-179 days prior to arrival 50% of anticipated room revenue 30-89 days prior to arrival 60% of ...

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