Buying a reservation gives you guaranteed bandwidth for a set period of time at a fixed price. The pricing is set by the seller and depends on both the quantity of bandwidth desired and the duration of the reservation. There is no additional fee.
Reservations can start and end at any time in the future, up to a future time specified by the seller.
You can cancel reservations any time prior to expiration, but there may be a cancellation fee based on a percentage of the remaining value of the reservation. The fee may be anywhere between 0% (no penalty for cancellation) to 100% (no refund on cancellation). Merkato quotes the cancellation percentage to you when you make the reservation and again when the cancellation is confirmed.
The following sections describe the use of these reservation windows in detail.