How is Open Ticket defined in a legal contract?
- Open Ticket means a ticket whose flight number and date are not set and the seat is not reserved. Seen in 12 SEC filings
- Open Ticket means a ticket for which flight details and reservation are not designated. Seen in 2 SEC filings
- Open Ticket means a ticket which lacks defined flight, boarding date, and seat confirmation. Seen in 1 SEC filing
- Open Ticket means a feature enabling multiple response messages to the same outbound message over a pre-determined validity period. Seen in 1 SEC filing
- Open Ticket means a ticket with unset flight, boarding date, and seat confirmation. Seen in 1 SEC filing
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Open Ticket means a ticket without a predetermined flight number, departure date, or reserved seat.
Relevant Contract Types
Relevant Circumstances
- Planning personal or business travel itineraries
- Conducting travel arrangement for events, conferences or meetings
- Purchasing airline tickets as a travel agent or travel company
Relevant Sectors
Genie Definition 2
- Open Ticket means a feature permitting multiple responses to an outbound message in a given timeframe.
Relevant Contract Types
Relevant Circumstances
- Procuring software that includes a communication or messaging feature
- Establishing a customer service helpdesk for a business
- Implementing a ticket management system for IT support
Relevant Sectors
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Open Ticket means a ticket without a predetermined flight number, departure date, or reserved seat.
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