How is Travel Fee defined in a legal contract?
- Travel Fee means the set fee for a single return journey to the location where one or several assessments or follow-up assessments are to be conducted on the same day. This fee covers all labor, travel time, parking, tolls, distance travelled, and all other travel related costs. Seen in 1 SEC filing.
- Travel Fee means the travel expense to be paid by you. Seen in 1 SEC filing.
- Travel Fee means the compensation paid for a consultant's time and costs linked with traveling to a client's location as established in [schedule] I. Seen in 1 SEC filing.
- Travel Fee means the charges invoiced by external providers pertaining to travel, stay, and linked costs, yet excluding costs such as visa and passport fees, supplementary luggage charges, travel indemnity, health expenses, expenditures for optional free-time activities, or personal items. Seen in 1 SEC filing.
Which definition should you use?
🤔 Our AI Legal Assistant 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
- Travel Fee means the fixed costs tied to going to the assessment location, covering labor, distance traveled, and other related expenses.
Relevant Contract Types
Relevant Circumstances
- When an employee is required to travel for work
- When a consultant's services involve onsite visits
Relevant Sectors
Genie Definition 2
- Travel Fee means the payment made by a client for a consultant's expenses tied to traveling to a client's location.
Relevant Contract Types
Relevant Circumstances
- When a consultant's services require travel to a client's location
Relevant Sectors
Genie Definition 3
- Travel Fee means the charges by external providers related to travel, accommodation, excluding personal and optional costs.
Relevant Contract Types
Relevant Circumstances
- When a company needs to outline its policy around compensating travel related costs
Relevant Sectors
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Travel Fee means the fixed costs tied to going to the assessment location, covering labor, distance traveled, and other related expenses
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