Calculations for Take or Pay Sample Clauses

Calculations for Take or Pay. [Note: The QRC propose that consideration should be given to immediately introducing full ToP (with no system trigger test and no capping) to new access agreements for which a system premium applies, with a reversion to standard ToP terms when the premium ceases to apply] (a) The Reference Tariff also includes a Take or Pay charge. (b) The Take or Pay charge included in the Reference Tariff is calculated in accordance with: (i) where the Access Agreement, or, for a New Access Agreement, the relevant Old Access Agreement, was executed or renewed: (A) on or after 20 December 2001 but prior to 30 June 2006, Clause 3.2, Part A, Schedule F of the 2001 Undertaking; Deleted: provided that where that calculation refers to the System Gtk, or to gtk in circumstances where that gtk relates to Train Services other than solely those under the relevant Access Agreement, then that System Gtk, and that gtk, exclude any gtk attributable to any Train Service that has the Xxxxxxx Island Coal Terminal as a destination (subject to this clause 2.4(b)(i)(A), references to System Gtk and gtk in this clause having the meaning given in the 2001 Undertaking) (B) on or after 30 June 2006 but prior to 23 October 2008, Clause 2.2, Part B, Schedule F of the 2005 Undertaking; or (C) on or after 23 October 2008 but prior to 1 October 2010, Clause 2.2, Part B, Schedule F of the 2008 Undertaking; or (ii) where clause 2.4(b)(i) does not apply, clauses 2.4(d) to (n). (c) In relation to Take or Pay charges in the context of an End User Access Agreement, Take or Pay charges will be payable under that End User Access Agreement, including in relation to the non-operation of Train Services under any relevant Train Operations Agreement. Take or Pay charges will not be payable to Aurizon Network by a Train Operator under a Train Operations Agreement relevant to that End User. (d) Subject to clauses 2.4(g) to (n), Take or Pay charges applicable to an Access Holder will be: (i) determined for each Year; (ii) invoiced for each Year following completion of that Year; and (iii) calculated as the amount which is 100% of the amount calculated as: AT  rtp   AT  ntk   AT  nt  3  4  1000  (A) each of AT2, AT3 and AT4 inputs for that Access Holder’s Access Charges at the rate applicable in that Year); and (B) the rtp, nt and ntk (as applicable) are calculated by: (1) the rtp, nt and ntk (as applicable) that would have been achieved for the relevant Year had the full contracted entitlement been r...