Calculation of TOP Rebate. (a) Within 20 Business Days of the end of each Contract Year, ARTC will undertake an annual reconciliation of the Rebate owing to the Access Holder in respect of each Train Path in each Pricing Zone determined in accordance with the following formula (“Annual Reconciliation”): If APU < ACP Where: APU is the Actual Path Usages being, subject to clause 16.5, the total number of Path Usages in the Pricing Zone in respect of which the Operator actually operated a Service for the Access Holder on that Train Path in the previous Contract Year; ACP is the Annual Contracted Path Usages for that Train Path in the Pricing Zone specified in the Train Path Schedules; then the Access Holder is entitled to a Rebate equal to the lesser of the rebate applicable for the annual deficiency in contracted Path Usages for that Train Path in the Pricing Zone and the sum of the accrued system monthly rebates under Schedule 2 in respect of that Train Path in the Pricing Zone as determined in accordance with the following formulae: Deleted: 29 October 2009
Calculation of TOP Rebate. (a) Within 20 Business Days of the end of each Contract Year, ARTC will undertake an annual reconciliation of the Rebate owing to the Access Holder for each Train Path in each Pricing Zone determined in accordance with the following formula (“Annual Reconciliation”): If APU < ACP Where: Deleted: 16.5 Deleted: 16.5 APU is the Actual Path Usages being, subject to clause 16.5, the total number of Path Usages in the Pricing Zone in respect of which the Operator actually operated a Service for the Access Holder on that Train Path in the previous Contract Year; ACP is the unconditional Annual Contracted Path Usages for that Train Path in the Pricing Zone specified in the Train Path Schedules;
