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An accident occurred during the Charter, how to handle it?

Claims and Security Deposit

The Captain shall notify the Owner, the Dealer and the Stakeholder (Azimut Yachts) of any breakdowns, disablements, crew changes, accidents, or other significant incidents that occur during the Charter Period and he will have management responsibility.

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What are the conditions of the Security Deposit? How is it managed?

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An accident occurred during the Charter, how to handle it?