Common use of Determination of the Transfer Fee Clause in Contracts

Determination of the Transfer Fee. (a) The Transfer Fee is the amount equivalent to the present value, calculated at the Discount Rate, of the payment of the aggregate TOP Charges (ATPY) for the relevant Train Service Types that would have been payable for the remainder of the Term assuming:

Determination of the Transfer Fee. (a) The Transfer Fee is the amount equivalent to the present value, calculated at the Discount Rate, of the payment of the aggregate TOP Charges (ATPY) for the relevant Train Service Types that would have been payable for the remainder of the Term assuming:if the Nominated Access Rights were not transferred but the Operator did not operate the relevant Train Services (NPV Amount) less the amount which is the product of the NPV Amount and the Reduction Factor.

Determination of the Transfer Fee. (a) The Transfer Fee is the amount equivalent to the present value, calculated at the Discount Rate, of the payment of the aggregate TOP Charges (ATPY) for the relevant Train Service Services Types that would have been payable for the remainder of the Term assuming:if the Nominated Access Rights were not transferred but the End User did not operate the relevant Train Services (NPV Amount) less the amount which is the product of the NPV Amount and the Reduction Factor.

Determination of the Transfer Fee. (a) The Transfer Fee is the amount equivalent to the present value, calculated at the Discount Rate, of the payment of the aggregate TOP Charges (ATPY) for the relevant Train Service Types that would have been payable for the remainder of the Term assuming:if the Nominated Access Rights were not transferred but the relevant Train Services did not operate (NPV Amount) less the amount which is the product of the NPV Amount and the Reduction Factor.

Determination of the Transfer Fee. (a) The Transfer Fee is the amount equivalent to the present value, calculated at the Discount Rate, of the payment of the aggregate TOP Charges (ATPY) for the relevant Train Service Types that would have been payable for the remainder of the Term assumingif the Nominated Access Rights were not transferred but the Operator did not operate the relevant Train Services (NPV Amount) less the amount which is the product of the NPV Amount and the Reduction Factor.assuming:

Determination of the Transfer Fee. (a) The Transfer Fee is the amount equivalent to the present value, calculated at the Discount Rate, of the payment of the aggregate TOP Charges (ATPY) for the relevant Train Service ServicesService Types that would have been payable for the remainder of the Term assumingif the Nominated Access Rights were not transferred but the End User did not operate the relevant Train Services (NPV Amount) less the amount which is the product of the NPV Amount and the Reduction Factor.assuming: