TERMS AND CONDITIONS OF PAYMENT

1. THE CONTRACT
A Contract shall be deemed to have been made between New Matchpoint Sport Investment Ltd. (“New Matchpoint”) and the booking client (“the client”) when the client has confirmed requirements by, inter alia, online-booking, facsimile, letter, or written order form, and New Matchpoint have accepted such a booking - an invoice being proof of such acceptance.
2. PRICE
All prices quoted are exclusive of VAT. In the event of the rate of VAT applicable being increased between the acceptance of a booking and an event the client shall be liable to pay such increase before packages are issued.
3. PAYMENT
3.1 Deposit. A non-refundable deposit of 50% of the overall price of the booking must be paid within 7 days of acceptance of the booking unless the booking is accepted within 60 days of an event in which case the full amount must be paid immediately upon the booking being accepted.
3.2 Payment of Balance. The balance of the overall price must be paid not less than 60 days before the date of the event.
4. CONSEQUENCES OF FAILURE TO PAY
4.1 If payment is not made within the time limits in clause 3 above, this will be in breach of the contract by the client entitling New Matchpoint to treat the contract as at an end, and re-allocate the corporate hospitality facilities, bookings and/or tickets without informing the client.
4.2 In the event of New Matchpoint treating the contract as at an end under clause 4.1, New Matchpoint shall be entitled to retain all sums already paid by the client. The balance, if any, of the cost/price of the booking shall become immediately payable by the client to New Matchpoint. This is without prejudice to New Matchpoint’s rights to claim damages from the client in respect of any loss suffered by New Matchpoint.
5. CANCELLATIONS OR VARIATIONS BY THE CLIENT
Any notice of a cancellation of a booking or part of a booking, or any request by the client for a variation to a booking, must be made in writing by letter or by email sent to mary@saidian.net or by EMS to Rm1501, Tower C Webok Time-Center, No.17 Zhongguancun South Street, Haidian District, Beijing, PRC. 100081
6. CONSEQUENCES OF CANCELLATION BY THE CLIENT
If a booking or part of a booking is cancelled by the client more than 60 days before the event the client shall be liable for 50% of the total price of the booking. If a booking or part of a booking is cancelled by the client less than sixty days before the event the client shall be liable for the total price of the booking.
7. ALTERATION TO ADVERTISED PACKAGES
7.1 All advertised packages are subject to availability.
7.2 Every reasonable effort will be made to adhere to the advertised packages but any package may be altered or omitted or dates or other details changed either before or after confirmation of the booking. Where such alterations, omissions, changes of date or other details occur prior to or after confirmation of the booking, New Matchpoint agrees to use reasonable endeavors (such reasonable endeavors to be strictly subject to the organizers/promoters of events and/or other third parties making alternative packages available and further subject to New Matchpoint’s right to change the price applicable) to provide a reasonable alternative package and the client agrees to accept such reasonable alternative package.
7.3 New Matchpoint have the right to change the price applicable to a booking (upwards or downwards) at any time prior to a booking being accepted. When such change alters the price from that advertised, the altered price must be paid in accordance with payment clause 3 above.
8. LIABILITY OF NEW MATCHPOINT
8.1 The client
Thereby acknowledges that New Matchpoint acts as an agent of the client in arranging the booking and that New Matchpoint will not be liable for any misrepresentation, negligence, contractual or tortuous loss of any kind whatsoever suffered by the client due to any act or omission by or on behalf of New Matchpoint or any third party.
8.2 In any event New Matchpoint shall not be liable for death or personal injury suffered by the client or its guests arising out of the booking. This restriction of liability shall also extend to any loss or damage sustained to property or belongings of the client or any of the client’s guests or for any further costs, demands or expenses incurred or suffered by the client arising out of the booking.
8.3 If an event is cancelled or postponed for any reason, including national emergency, outbreak of war, prohibitive government regulations, strikes, consequences of terrorism, inclement weather conditions or any other cause
beyond the reasonable control of Pall Mall Plc, no refunds will be made.
9. LAW AND CONSTRUTION
The contract and these Terms and Conditions shall be governed by English law and New Matchpoint and the client hereby submits to the exclusive jurisdiction of the English Courts in all matters regarding to contracts and these Terms and Conditions.