The agreement may be terminated by the Exhibitor only in writing to CanGift. If such notice in writing is received, the following shall apply:
- notice received 90 days or more prior to the first day of the Market move-in will entitle the Exhibitor to a refund of its deposit paid to date less 10%;
- notice received 59-89 days prior to the first day of the Market move-in will entitle the Exhibitor to a refund of its deposit paid to date less 25%;
- notice received 15-58 days prior to the first day of the Market move-in will entitle the Exhibitor to a refund of its deposit paid to date less 50%;
- if notice is received by the Exhibitor 14 days or less prior to the first day of the Market move-in no monies paid to date will be refunded.
- if the final booth payment is due but has not been received by CanGift, the Exhibitor will be deemed to have terminated the Agreement and no monies paid to date will be refunded.
Termination of the Agreement shall disentitle the Exhibitor to any rights or claims against the booth space, the Market or CanGift and all monies retained are hereby agreed by the parties to be a fair and reasonable estimate of the damages incurred by CanGift for administrative and other related costs arising out of the termination. The Agreement may be terminated forthwith and without prior notice by the Market at any time on the breach of any of the terms and conditions hereof by the Exhibitor, and thereupon all rights of the Exhibitor hereunder shall cease and terminate. CanGift may thereupon sell or otherwise deal with the space as it deems necessary.