Common use of Calculation of SAR Relinquishment Fee Clause in Contracts

Calculation of SAR Relinquishment Fee. ‌ The SAR Relinquishment Fee for the Surplus Access Rights for a Train Service Type is the amount equivalent to the present value, calculated at the Discount Rate, of the payment of the aggregate AT2 Component of the TOP Charges for the Surplus Access Rights that would have been payable for the remainder of the Term assuming:

Calculation of SAR Relinquishment Fee. ‌ The SAR Relinquishment Fee for the Surplus Access Rights for a Train Service Type is the amount equivalent to the present value, calculated at the Discount Rate, of the payment of the aggregate AT2 Component of the TOP Charges for the Surplus Access Rights that would have been payable for the remainder of the Term assuming: