Seayott.com Terms of Service
Last Updated: March 1, 2025
1. Introduction
These Terms and Conditions govern the use of the Seayott.com platform, which connects yacht owners ("Providers") with customers seeking to charter luxury yachts ("Customers"). By accessing or using the Platform, you agree to be bound by these Terms and Conditions.
2. Yacht Charter
Providers make their yachts available for charter through the Platform. Customers can browse and book yachts through the Platform, subject to the terms of a separate Customer Agreement.
3. Fees
Seayott.com charges Providers a commission fee for each successful charter booking. The commission fee is calculated as a percentage of the charter fee paid by the Customer. The specific percentage is specified in the Yacht Charter Agreement between Seayott.com and the Provider.
4. Insurance
Providers are responsible for maintaining adequate insurance coverage for their yachts, including Hull and Machinery Insurance, Protection and Indemnity Insurance, and Third-Party Liability Insurance. Providers must provide Seayott.com with certificates of insurance as proof of coverage.
5. Digital Assets
Providers grant Seayott.com a non-exclusive, royalty-free, worldwide license to use all digital assets (photos, videos, descriptions, etc.) provided for marketing and chartering the yacht. Providers warrant that they own or have the right to license these assets and will provide accurate, up-to-date information. Seayott.com may remove or modify any inappropriate or inaccurate assets.
6. Liability
Providers are solely responsible for the operation and maintenance of their yachts. Providers shall indemnify and hold harmless Seayott.com from and against any and all claims, losses, damages, liabilities, costs, and expenses (including attorneys' fees) arising out of or relating to the operation or maintenance of the Yacht, except to the extent such claims, losses, damages, liabilities, costs and expenses are caused by the negligence or willful misconduct of Seayott.com.
7. Disclaimer
Seayott.com makes no warranties, express or implied, with respect to the yachts listed on the Platform, including any warranty of merchantability or fitness for a particular purpose. Seayott.com shall not be liable for any damages whatsoever arising out of or relating to the charter of the Yacht, including but not limited to direct, indirect, incidental, consequential, special or exemplary damages.
8. Termination
The Yacht Charter Agreement between Seayott.com and the Provider may be terminated by either party upon 14 days' written notice to the other party.
9. Governing Law
This Agreement shall be governed by and construed in accordance with English law and the governing laws of the United Kingdom.
10. Notices
All notices and other communications hereunder shall be in English, in writing, and shall be deemed to have been duly given when delivered in person, upon the first business day following deposit in the United Kingdom mail, postage prepaid, certified or registered, return receipt requested, addressed as follows:
If to Platform: CYLON GROUP LIMITED. 86-90 Paul Street, London, England, EC2A 4NE Attention: IVAYLO KOLEV, DIRECTOR
If to Provider: [YACHT PROVIDER COMPANY NAME] [ADDRESS] Attention: [CONTACT PERSON]
or to such other postal addresses as either party may designate in writing from time to time.
11. Waiver
No waiver of any provision of this Agreement shall be effective unless in writing and signed by the waiving party.
12. Severability
If any provision of this Agreement is held to be invalid or unenforceable, such provision shall be struck from this Agreement and the remaining provisions shall remain in full force and effect.
13. Binding Effect
This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.
14. Right to Refuse Service
Seayott.com reserves the right to refuse service to any Customer at its sole discretion.
15. Effectiveness in EU Countries
This Agreement shall be effective in all European Union countries, including Spain.
16. Customer Responsibility
Providers are solely responsible for the well-being and catering of Customers who have secured their charter through the Platform. Providers shall ensure that Customers behave as expected on board the Yacht. Seayott.com shall not be liable for any actions or omissions of Customers.
17. Security Deposit
Providers shall require a security deposit from each Customer prior to the commencement of the charter. The amount of the security deposit shall be determined by Provider and specified in the Customer Agreement. The security deposit shall be used to cover any damages to the Yacht or its equipment caused by the Customer. If the Customer fails to pay the security deposit, Provider may refuse to allow the Customer to board the Yacht.
18. Cancellation Policy
Customers may cancel the charter up to 3 days prior to the commencement of the charter and receive a full refund of the charter fee. If the Customer cancels the charter within 24 hours of the commencement of the charter, the Customer shall forfeit the full charter fee. Providers may cancel the charter at any time prior to the commencement of the charter for any reason whatsoever. In such a rare event, Provider shall refund to the Customer the full charter fee. If Provider cancels the charter after the commencement of the charter, Provider shall refund to the Customer a pro rata portion of the charter fee for the unused portion of the charter.
19. Force Majeure
Neither party shall be liable for any delay or failure to perform its obligations under this Agreement due to any cause beyond its reasonable control, including but not limited to acts of God, war, terrorism, riots, embargoes, strikes, lockouts, or other labor disputes.
20. Dispute Resolution
Any dispute arising out of or relating to this Agreement shall be settled by arbitration in accordance with the rules of the Chartered Institute of Arbitrators (CIArb). The arbitration shall be held in LONDON, UNITED KINGDOM. The decision of the arbitrator shall be final and binding on both parties.