Boston, Massachusetts Sample Clauses

Boston, Massachusetts. Understanding Fare Increases Automated Fare Collection (AFC) systems are being implemented in the majority of transit systems and provide useful data that can be analyzed for a variety of purposes. Transit agencies, due to budget issues, usually increase fares or reduce services as mechanisms to raise revenues or to lower costs. These changes can have a significant impact on the transit system. Xxxxxx, X. X., 2014 on the Analysis of the 2012 Massachusetts Bay Transportation Authority thesis presents a study on the 2012 fare increase by the Massachusetts Bay Transportation Authority (MBTA). Data from the MBTA AFC system is used to understand of the impacts of the fare increase. Elasticity of demand or fare elastic criteria is important for the estimation of ridership and revenue because it can measure the reaction to different fare changes. It measures the response of ridership to changes in fare levels or service quality. Fare elasticity with respect to demand is negative because fare and demand are inversely related. In the thesis, it is mentioned that fare increases will generate revenue when demand elasticity with respect to fare is between 0 and -1 and that revenue will decrease if the elasticity is less than -1. They also mentioned that elasticities tend to be greater for larger fare increases. Lastly, the commonly used Xxxxxxx-Xxxxxx rule of thumb is included: the elasticity of demand with respect to fare is approximately -0.3. The Xxxxxxx-Xxxxxx elasticity rule can be used to estimate overall changes in ridership due to fare changes. When dealing with fare elasticities, different methodologies can be used. Below are three approaches to estimate fare elasticities: • Preference surveys that can be used to evaluate expected responses to proposed changes, but the response may be different than actual reactions after a change is made. • Shrinkage analysis measures ridership before and after fare increase by calculating the ratio of the percent change in demand to the percent change in fare. • Econometric studies can incorporate other factors of the transit system and user population when estimating ridership demand based on historical data. The objective of this study was to have better insight of the fare increase impacts on people’s behavior regarding transportation habits by using the MBTA data. The system experienced a fare increase of 23% based on fare type and trip category on July 1, 2012. The periods chosen to complete the analysis of the fare in...
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Boston, Massachusetts. On this 1(st) day of August, 2007, before me, the undersigned notary public, personally appeared the above named Xxxx X. Xxxxxx and Xxxxxxxxx X. Marius, proved to me through satisfactory evidence of identification, which consisted of personal knowledge, to be the persons whose names are signed on the preceding document in my presence and who swore or affirmed to me that the contents of the document are truthful and accurate to the best of their knowledge and belief. Before me, /s/ Xxxxxxx X. Xxxxxx ---------------------------- My commission expires:
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Boston, Massachusetts. (b) Buyer shall select the carrier (which may include Buyer’s own trucks) and shall pay directly to the carrier the applicable freight charges.
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Related to Boston, Massachusetts

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  • Massachusetts Law to Apply -------------------------- This Contract shall be construed and the provisions thereof interpreted under and in accordance with laws of The Commonwealth of Massachusetts.

  • Massachusetts Law This Agreement and all rights and obligations hereunder, including matters of construction, validity, and performance, shall be governed by the laws of The Commonwealth of Massachusetts.

  • Illinois The following counties in the State of Illinois: Cook, Lake, McHenry, Kane, DuPage, Will as well as any other counties in the State of Illinois in which the Employee regularly (a) makes contact with customers of the Company or any of its subsidiaries, (b) conducts the business of the Company or any of its subsidiaries or (c) supervises the activities of other employees of the Company or any of its subsidiaries as of the Date of Termination.

  • Massachusetts Business Trust With respect to any Fund which is a party to this Agreement and which is organized as a Massachusetts business trust, the term “Fund” means and refers to the trustees from time to time serving under the applicable trust agreement of such trust, as the same may be amended from time to time (the ‘Declaration of Trust”). It is expressly agreed that the obligations of any such Fund hereunder shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Fund personally, but bind only the trust property of the Fund as set forth in the applicable Declaration of Trust. In the case of each Fund which is a Massachusetts business trust (in each case, a “Trust”), the execution and delivery of this Agreement on behalf of the Trust has been authorized by the trustees, and signed by an authorized officer, of the Trust, in each case acting in such capacity and not individually, and neither such authorization by the trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually, but shall bind only the trust property of the Trust as provided in its Declaration of Trust.

  • Oklahoma This Agreement is not a contract of insurance. Coverage afforded under this contract is not guaranteed by the Oklahoma Insurance Guaranty Association. CANCELLATION section is amended as follows: In the event You cancel this Agreement, return of premium shall be based upon ninety percent (90%) of the unearned pro rata premium, less any claims that have been paid or less the cost of repairs made on Your behalf. In the event We cancel this Agreement, return of premium shall be based upon one hundred percent (100%) of unearned pro rata premium, less any claims that have been paid or less the cost of repairs made on Your behalf. ARBITRATION – While arbitration is mandatory, the outcome of any arbitration shall be non-binding on the parties, and either party shall, following arbitration, have the right to reject the arbitration award and bring suit in a district court of Oklahoma.

  • Texas If You purchased this Agreement in Texas, unresolved complaints or questions concerning the regulations of service contracts may be addressed to the Texas Department of Licensing and Regulation, P.O. Box 12157, Austin, Texas 78711, telephone number (000) 000-0000 or (000) 000-0000. Obligor: Generali Warranty Services, LLC, 0 Xxxxx Xxxxx Xxxxxx, 000 Xxxxxxxxx Xx, 00xx Xx. New York, NY 00000 (000) 000-0000). Lic #779. CANCELLATION section is amended as follows: You, the service Agreement holder, may apply for reimbursement directly to the insurer if a refund or credit is not paid before the 46th day after the date on which Your Agreement is returned to the provider. A ten percent (10%) penalty per month shall be applied to refunds not paid or credited within forty-five (45) days of receipt of returned service Agreement.

  • Massachusetts Law to Apply This Agreement shall be construed and the provisions thereof interpreted under and in accordance with laws of The Commonwealth of Massachusetts.

  • Arizona In the “WHAT IS NOT COVERED” section of this Agreement, exclusion (E) is removed. CANCELLATION section is amended as follows: No claim incurred or paid will be deducted from the amount to be returned in the event of cancellation. Arbitration does not preclude the consumer’s right to file a complaint with the Arizona Department of Insurance Consumer Affairs Division, (000) 000-0000. Exclusions listed in the Agreement apply once the Covered Product is owned by You.

  • California For residents of California, the Administrator of this Agreement is 4warranty Corporation 00000 Xxxxxxxx Xxxx Xxxx., Xxxx. 000, Xxxxx 000, Xxxxxxxxxxxx, Xxxxxxx 00000. CANCELLATION section is amended as follows: A ten percent (10%) penalty per month shall be applied to refunds not paid or credited within thirty (30) days of receipt of returned Service Agreement. For all products other than home appliances and home electronic products, if the Agreement is cancelled: (a) within sixty (60) days of receipt of this Agreement, You shall receive a full refund of the purchase price of this Agreement provided no service has been performed, or (b) after sixty (60) days, You will receive a pro rata refund, less the cost of any service received. Arbitration provision does not prohibit a California resident from following the process to resolve complaints as outlined by the California Bureau of Electronic and Appliance Repair (BEAR). To learn more about this process, You may contact BEAR at 0-000-000-0000, or You may write to Department of Consumer Affairs, 0000 X. Xxxxxx Xxxxx, Xxxxx X, Xxxxxxxxxx, XX 00000, or You may visit their website at xxx.xxxx.xx.xxx. Informal dispute resolution is not available.

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