Capacity and variable charges Sample Clauses
Capacity and variable charges. The parties record their intention to move to a capacity and variable pricing regime that is consistent with the overriding principles of this Schedule. No later than 6 months after the Commencement Date, Toll Rail and the Access Provider shall meet to consider and agree the appropriate principles for inclusion in such a regime, which must be consistent with the overall pricing principles set out in this Schedule. This regime is expected to be based on a capacity unit measure and variable tonnage unit measure by Line Segment, such that the aggregate of the proposed capacity and variable measures will be expected to equal the total TAC that would otherwise apply under this Schedule. The parties’ aim is to agree this regime to operate from 1 July 2005.
Capacity and variable charges. The TAC will be split between a capacity charge and a variable (“GTK”) component. The TAC will be further split by line segment, with a capacity charge per train path and a GTK component for each line segment, in accordance with the following principles:
