What happens if Sailo can not place the hold on the refundable security deposit for my trip?

Sailo will attempt to place a hold on the refundable security deposit 3 days before the trip or at the time of booking, whichever comes last.      

In case the hold can not be placed and no other direct arrangements have been made between the Renter and the Boat Owner, Sailo will cancel the trip and the Renter will be not eligible for a refund.