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Force Majeure
CLAUSE If the Group cancels this contract the Group39s liability for liquidated damages will be as followshellip Liquidated damages will be offset by any resold rooms Any cancellation for the sole purpose of utilizing another facility andor city will result in 100 charge of anticipated rooms food and beverage and function space revenue without respect to the date of cancellationrdquoThis cancellation policy begs us to look at the difference between ldquoliquidated damagesrdquo an
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GMID 2017 Brooklyn Panel
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