Terms and conditions of sale

1. Purpose

These terms and conditions of sale (the "Terms") govern the relationship between The Terrace Collection ("the Company"), operated by Mr Clément Andry as a sole proprietorship under Monaco law (RCI no. 19P09421), and any individual or entity ("the Client") submitting a booking request for access to a private terrace or a place aboard a boat during the Monaco Formula 1 Grand Prix, through the website https://theterracecollection.com. Any confirmed booking implies unreserved acceptance of these Terms.

2. Nature of the activity and intermediary role

The Company carries out an introduction and referral activity between the Client and third-party owners, operators or organisers of locations (terraces, boats) and events ("the Suppliers"). The Company is neither the owner, lessee nor manager of the locations featured on the site, and does not carry out any real estate agency or brokerage activity. No rental mandate is issued by the Company.

The hospitality service itself — access to the location, welcome, catering, service, on-site organisation — is provided directly by the relevant Supplier, under its sole operational responsibility. The Company does not take part in the physical delivery of this service and cannot be treated as the organiser of the hospitality event.

3. Booking

Any request submitted via the site's form or WhatsApp constitutes a booking request, subject to an availability confirmation from the relevant Supplier. The booking is only definitively concluded once the Client receives written confirmation (email) from the Company. No request that has not been confirmed in writing shall bind the Company or the Supplier.

4. Pricing and payment

Prices shown on the site are in euros, per person and per day unless otherwise stated, excluding additional options, and are indicative until written confirmation of the final price for the booking concerned. Payment terms (deposit, balance, due dates, accepted payment methods) are specified to the Client when each booking is confirmed.

5. Overbooking

The Company contractually requires each partner Supplier not to allocate, for a given location and date, a number of places greater than the location's actual available capacity (no-overbooking obligation). Compliance with this obligation is the Supplier's sole responsibility.

Should a Supplier breach this obligation, responsibility lies exclusively with that Supplier. The Company cannot be held liable for the consequences of overbooking attributable to a Supplier, including the inability to access the booked location. In such a case, the Company will make commercially reasonable efforts — without being obliged to, and without guaranteeing an outcome — to offer an alternative solution where possible.

6. Cancellation and refunds

Any confirmed booking is firm and final. In the event of cancellation initiated by the Client, regardless of reason or timing relative to the event, no refund is due from the Company.

As a purely discretionary commercial gesture, the Company may, on a case-by-case basis, offer some form of accommodation (partial credit, rebooking to another date or available location, etc.). Any such decision remains occasional, is never systematic, and does not constitute an acquired right for the Client nor a precedent for any other booking.

7. Cancellation, postponement or modification of the event

The Monaco Grand Prix is organised by third parties (FIA, Formula 1, Automobile Club de Monaco) over whom the Company has no authority. In the event of cancellation, postponement or substantial modification of the event by these third parties, or in the event of force majeure (as understood under Monaco law: an unforeseeable, irresistible and external event, including notably a decision by public authorities, exceptional weather conditions or security requirements), the Company cannot be held liable for the resulting non-performance. It will make reasonable efforts, to the extent it can itself recover funds from the relevant Supplier, to offer the Client a postponement or partial refund, without guarantee of outcome.

8. Limitation of liability

The Company's liability is limited to its role as an introduction intermediary. Except in the case of proven personal fault by the Company, it cannot be held liable for acts, breaches or shortcomings attributable to a Supplier (quality of the service, compliance with commitments made, overbooking, cancellation by the Supplier, incident occurring at the location, etc.).

In any case where the Company's liability is established, it is limited to direct damages and capped at the amount actually received by the Company for its intermediation on the booking concerned, excluding any indirect damage (loss of enjoyment, non-material damage, loss of opportunity, harm to reputation). This limitation does not apply in the event of gross or intentional misconduct by the Company, or where applicable law prohibits such a limitation.

9. Governing law and jurisdiction

These Terms are governed by Monaco law. Any dispute concerning their validity, interpretation or performance falls, failing an amicable resolution, within the exclusive jurisdiction of the courts of the Principality of Monaco, subject to any mandatory consumer-protection rules that residents of another country may retain the benefit of under their own national law.