Cancellation of participation by the exhibitor terminates the contractual relationship with IFEMA to all effects and with the loss of the sums which have been accrued by IFEMA at the time of notification. Cancellation must be made expressly and in writing to the exhibition management team.
For the purposes of the above paragraph, the sums accrued are those which the exhibitor should have paid to IFEMA on cancellation, in accordance with the timetable for payments on the exhibitor application form of the event.
If the exhibition management team has been notified of intent to cancel within thirty days prior to the opening of the event, full payment for space hired will be requested by IFEMA.
With respect to the services offered in the IFEMA services catalogue which the exhibitor would have hired prior to cancellation, the cancellation charges established in article 7 of the General Terms and Conditions for Admission and Contracts in Fairs Organised by IFEMA will apply.