Common use of Compensation Method Clause in Contracts

Compensation Method. THE CARRIER utilizes cash, immediately negotiable checks, and/or travel vouchers as compensation in accordance with applicable laws and governmental regulations, or as determined by THE CARRIER if there are no applicable laws or governmental regulations. For Involuntary Passengers traveling on nonstop flight segments originating at a point within the United States, denied boarding compensation shall be made in cash or an immediately negotiable check on the day and place the denied boarding occurs, except where THE CARRIER arranges, for the Passenger’s convenience, alternate means of transportation that departs before the payment can be prepared and given to the Passenger, in which case it shall be made by mail or other means within 24 hours after the time the denied boarding occurs. For Voluntary Passengers, THE CARRIER utilizes travel vouchers as compensation. These vouchers are issued on the date and at the point of the overbooking. If the Passenger agrees to serve as Voluntary, such Passenger shall receive a travel voucher for which the Passenger shall sign a receipt releasing THE CARRIER from any liability. Travel vouchers may be used to purchase airline tickets, pay for excess baggage, pay penalties, and pay for difference in fares. Travel vouchers are not valid to purchase services provided by other airlines. These vouchers are valid for 1 year from issuance date, are not refundable and cannot be used to pay for any type of taxes. Face value of issued vouchers shall be determined by THE CARRIER pursuant to the compensation policy in force at the time of the irregularity.

Appears in 18 contracts

Samples: Transportation Agreement, Transportation Agreement, Transportation Agreement

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Compensation Method. THE CARRIER utilizes cash, immediately negotiable checks, and/or travel vouchers as compensation in accordance with applicable laws and governmental regulations, or as determined by THE CARRIER if there are no applicable laws or governmental regulations. For Involuntary Passengers traveling on nonstop flight segments originating at a point within the United States, denied boarding compensation shall be made in cash or an immediately negotiable check on the day and place the denied boarding occurs, except where THE CARRIER arranges, for the Passenger’s convenience, alternate means of transportation that departs before the payment can be prepared and given to the Passenger, in which case it shall be made by mail or other means within 24 hours after the time the denied boarding occurs. For Voluntary Passengers, THE CARRIER utilizes travel vouchers known as Denied Boarding Compensation (DBC) as compensation. These vouchers are issued on the date and at the point of the overbooking. If the Passenger agrees to serve as Voluntary, such Passenger shall receive a travel voucher for which the Passenger shall sign a receipt releasing THE CARRIER from any liability. Travel vouchers (DBC’s) may be used to purchase airline tickets, pay for excess baggage, pay penalties, and pay for difference in fares. Travel vouchers are not valid to purchase services provided by other airlines. These vouchers are valid for 1 year from issuance date, (DBC’s) are not refundable and have no residual value and cannot be used to pay for any type of taxes. Face value of issued vouchers (DBC’s) shall be determined by THE CARRIER pursuant to the compensation policy in force at the time of the irregularity.

Appears in 3 contracts

Samples: Transportation Agreement, Transportation Agreement, Transportation Agreement

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