Common use of By using the Cancellation Guarantee to cancel Your booking / flight ticket Clause in Contracts

By using the Cancellation Guarantee to cancel Your booking / flight ticket. You and Your fellow passengers waive all rights to the travel documents that We have mediated to the Service Provider. By purchasing the Cancellation Guarantee service You accept that We, following Your cancellation request, automatically acquire all rights to the flight ticket and the booking and the right to use these rights vis-à-vis the Service Provider.