Electrification Asset Usage Charge Sample Clauses

Electrification Asset Usage Charge.Β The Electrification Asset Usage Charge is an amount for electrification asset usage which is derived from the following formula: πΈπ‘™π‘’π‘π‘‘π‘Ÿπ‘–π‘“π‘–π‘π‘Žπ‘‘π‘–π‘œπ‘› 𝐴𝑠𝑠𝑒𝑑 π‘ˆπ‘ π‘Žπ‘”π‘’ πΆβ„Žπ‘Žπ‘Ÿπ‘”π‘’ = βˆ‘(πΈπ‘‰π‘‘π‘˜ β€’ π‘ˆπ‘‰π‘‘π‘˜ ) where: βˆ‘ means the summation across all Services using electric traction; EVtk means an amount in respect of the Electrification Asset Usage Rate, expressed in pounds sterling per electrified kgtm and rounded to four decimal places;
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Electrification Asset Usage Charge.Β 7.1 For the purposes of paragraph 1, the term EAVt means an amount in respect of the Electrification Asset Usage Charge for electrification asset usage which is derived from the following formula: 𝐸𝐴𝑉𝑑 = βˆ‘(πΈπ‘‰π‘‘π‘˜ β€’ π‘ˆπ‘‰π‘‘π‘˜ ) where: βˆ‘ means the summation across all route types k; EVtk means an amount in respect of the Electrification Asset Usage Charge per electrified Vehicle Mile, expressed in xxxxx and rounded to two decimal places, on route type k in Relevant Year t, which is derived from the following formula: πΈπ‘‰π‘‘π‘˜ = πΈπ‘‰π‘‘βˆ’1π‘˜ β€’ (1 + (πΆπ‘ƒπΌπ‘‘βˆ’1βˆ’πΆπ‘ƒπΌπ‘‘βˆ’2)) πΆπ‘ƒπΌπ‘‘βˆ’2 where: CPIt-1 has the meaning set out in paragraph 3.1 above; and CPIt-2 has the meaning set out in paragraph 3.1 above, but so that in relation to the Relevant Year commencing on 1 April 2019, EVtk shall have, in respect of each electrified Vehicle Mile on route type k, the relevant value per electrified Vehicle Mile on route type k set out in the section of the Track Usage Price List entitled "Charter Electrification Asset Usage Charge rates", multiplied by the Initial Indexation Factor, and in relation to the next following Relevant Year EVt-1k shall have the same value; and UVtk means the actual number of electrified Vehicle Miles for all railway vehicles operated by or on behalf of the Train Operator under this contract on route type k in Relevant Year t.
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Electrification Asset Usage Charge.Β 8.1 For the purposes of paragraph 1, the term EAVt means an amount for electrification asset usage which is derived from the following formula: πΈπ‘™π‘’π‘π‘‘π‘Ÿπ‘–π‘“π‘–π‘π‘Žπ‘‘π‘–π‘œπ‘› 𝐴𝑠𝑠𝑒𝑑 π‘ˆπ‘ π‘Žπ‘”π‘’ πΆβ„Žπ‘Žπ‘Ÿπ‘”π‘’ = βˆ‘πΈπ‘‰ tkβ—π‘ˆπ‘‰ tk where: βˆ‘ means the summation across all route types; EVtk means an amount in respect of the Electrification Asset Usage Charge per electrified Vehicle Mile on route type k for Relevant Year t, expressed in xxxxx per electrified Vehicle Mile and rounded to two decimal places, which is derived from the following formula: where: CPIt–1 has the meaning set out in paragraph 2.2 above; and CPIt–2 has the meaning set out in paragraph 3.1 above, but so that in relation to the Relevant Year commencing on 1 April 2019, EV t-1k shall have, in respect of each electrified Vehicle Mile on route type k, the value per electrified Vehicle Mile for the Electrification Asset Usage Charge set out in the Track Usage Price List, multiplied by the Initial Indexation Factor; and in relation to the next following Relevant Year EV t-1k shall have the same value; and UV tk means the actual number of electrified Vehicle Miles on route type k in Relevant Year t operated by or on behalf of the Train Operator. Where the Train Operator operates a Bimodal Electric Multiple Unit or Bimodal Locomotive, the actual number of electrified Vehicle Miles on route type k in Relevant Year t shall be calculated as follows:
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Electrification Asset Usage Charge.Β For the purposes of paragraph 1, the term EAVt means an amount in respect of the Electrification Asset Usage Charge for electrification asset usage which is derived from the following formula: where: βˆ‘ means the summation across all route types k; EVtk means an amount in respect of the Electrification Asset Usage Charge per electrified Vehicle Mile, expressed in xxxxx and rounded to two decimal places, on route type k in Relevant Year t, which is derived from the following formula: where: CPIt-1 has the meaning set out in paragraph 3.1 above; and CPIt-2 has the meaning set out in paragraph 3.1 above, but so that in relation to the Relevant Year commencing on 1 April 2019, EVtk shall have, in respect of each electrified Vehicle Mile on route type k, the relevant value per electrified Vehicle Mile on route type k set out in the section of the Track Usage Price List entitled "Charter Electrification Asset Usage Charge rates", multiplied by the Initial Indexation Factor, and in relation to the next following Relevant Year EVt-1k shall have the same value; and UVtk means the actual number of electrified Vehicle Miles for all railway vehicles operated by or on behalf of the Train Operator under this contract on route type k in Relevant Year t. Not used Not used Not used Payment of Track Charges and other sums due under the Contract Payment of Track Charges and other sums due under the Contract The Train Operator shall pay or procure the payment to Network Rail of: the Variable Usage Charge; the Traction Electricity Charge; not used; the Electrification Asset Usage Charge; the Slot Charge; the Cancellation Charge; and any other sums which have fallen due in accordance with any provision of this contract, attributable to any Period as invoiced by Network Rail on or after expiry of each such Period within 21 days of the invoice date or 28 days after the end of the Period, whichever is later. Not used
Sample 1Sample 2
Electrification Asset Usage Charge.Β For the purposes of paragraph 1, the term EAVt means an amount for electrification asset usage which is derived from the following formula: πΈπ‘™π‘’π‘π‘‘π‘Ÿπ‘–π‘“π‘–π‘π‘Žπ‘‘π‘–π‘œπ‘› 𝐴𝑠𝑠𝑒𝑑 π‘ˆπ‘ π‘Žπ‘”π‘’ πΆβ„Žπ‘Žπ‘Ÿπ‘”π‘’ = βˆ‘πΈπ‘‰π‘‘π‘˜β—π‘ˆπ‘‰π‘‘π‘˜ where: βˆ‘ means the summation across all route types; EVtk means an amount in respect of the Electrification Asset Usage Charge per electrified Vehicle Mile on route type k for Relevant Year t, expressed in xxxxx per electrified Vehicle Mile and rounded to two decimal places, which is derived from the following formula: πΈπ‘‰π‘‘π‘˜ = πΈπ‘‰π‘‘βˆ’1π‘˜ ● (1 + (πΆπ‘ƒπΌπ‘‘βˆ’1βˆ’οΏ½οΏ½π‘ƒπΌπ‘‘βˆ’2)) οΏ½οΏ½π‘ƒπΌπ‘‘βˆ’2 where: CPIt–1 and CPIt–2 each have the meanings set out in paragraph 3.1 above, but so that in relation to the Relevant Year commencing on 1 April 2019, EVtk shall have, in respect of each electrified Vehicle Mile on route type k, the value per electrified Vehicle Mile for the Electrification Asset Usage Charge set out in the Track Usage Price List, multiplied by the Initial Indexation Factor; and in relation to the next following Relevant Year EVt-1k shall have the same value; and UVtk means the actual number of electrified Vehicle Miles on route type k in Relevant Year t operated by or on behalf of the Train Operator. Where the Train Operator operates a Bimodal Electric Multiple Unit or Bimodal Locomotive, the actual number of electrified Vehicle Miles on route type k in Relevant Year t shall be calculated as follows:
Sample 1
Electrification Asset Usage Charge.Β 7.1 For the purposes of paragraph 1, the term EAVt means an amount in respect of the Electrification Asset Usage Charge for electrification asset usage which is derived from the following formula: = βˆ‘( β€’ ) where: βˆ‘ means the summation across all route types k; EVtk means an amount in respect of the Electrification Asset Usage Charge per electrified Vehicle Mile, expressed in xxxxx and rounded to two decimal places, on route type k in Relevant Year t, which is derived from the following formula: = β€’ (1 + (βˆ’1βˆ’βˆ’2) βˆ’1 βˆ’2 where: CPIt-1 has the meaning set out in paragraph 3.1 above; and CPIt-2 has the meaning set out in paragraph 3.1 above, but so that in relation to the Relevant Year commencing on 1 April 2019, EVtk shall have, in respect of each electrified Vehicle Mile on route type k, the relevant value per electrified Vehicle Mile on route type k set out in the section of the Track Usage Price List entitled "Charter Electrification Asset Usage Charge rates", multiplied by the Initial Indexation Factor, and in relation to the next following Relevant Year EVt-1k shall have the same value; and UVtk means the actual number of electrified Vehicle Miles for all railway vehicles operated by or on behalf of the Train Operator under this contract on route type k in Relevant Year t.
Sample 1Sample 2
Electrification Asset Usage Charge.Β 8.1 The Electrification Asset Usage Charge is derived from the following formula: πΈπ‘™π‘’π‘π‘‘π‘Ÿπ‘–π‘“π‘–π‘π‘Žπ‘‘π‘–π‘œπ‘› 𝐴𝑠𝑠𝑒𝑑 π‘ˆπ‘ π‘Žπ‘”π‘’ πΆβ„Žπ‘Žπ‘Ÿπ‘”π‘’ = EAVt βˆ— (1 + (πΆπ‘ƒπΌπ‘‘βˆ’1 βˆ’ πΆπ‘ƒπΌπ‘‘βˆ’2) ) πΆπ‘ƒπΌπ‘‘βˆ’2 where: EAVt means an amount equivalent to the cost that is directly incurred by the CVL IM as a result of operating, maintaining and repairing the AC System, as calculated by the CVL IM; and CPIt–1 and CPIt–2 have the meanings set out in paragraph 3.1 of this Part 2.
Sample 1
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Electrification Asset Usage Charge.Β For the purposes of paragraph 1, the term EAVt means an amount for electrification asset usage which is derived from the following formula: έˆέέŽβ„β„έβ„έ‹έŠ ݏݏݐ ݏ β„ŽέŽ = βˆ‘β— where: βˆ‘ means the summation across all route types; EVtk means an amount in respect of the Electrification Asset Usage Charge per electrified Vehicle Mile on route type k for Relevant Year t, expressed in xxxxx per electrified Vehicle Mile and rounded to two decimal places, which is derived from the following formula: = βˆ’1 ● (1 + (βˆ’1βˆ’βˆ’2)) βˆ’2 where: CPIt–1 has the meaning set out in paragraph 2.2 above; and CPIt–2 has the meaning set out in paragraph 3.1 above, but so that in relation to the Relevant Year commencing on 1 April 2019, EVtk shall have, in respect of each electrified Vehicle Mile on route type k, the value per electrified Vehicle Mile for the Electrification Asset Usage Charge set out in the Track Usage Price List, multiplied by the Initial Indexation Factor; and in relation to the next following Relevant Year EVt-1k shall have the same value; and UVtk means the actual number of electrified Vehicle Miles on route type k in Relevant Year t operated by or on behalf of the Train Operator. Where the Train Operator operates a Bimodal Electric Multiple Unit or Bimodal Locomotive, the actual number of electrified Vehicle Miles on route type k in Relevant Year t shall be calculated as follows:
Sample 1
Electrification Asset Usage Charge.Β For the purposes of paragraph 1, the term EAVt means an amount in respect of the Electrification Asset Usage Charge for electrification asset usage which is derived from the following formula: where: βˆ‘ means the summation across all route types k; EVtk means an amount in respect of the Electrification Asset Usage Charge per electrified Vehicle Mile, expressed in xxxxx and rounded to two decimal places, on route type k in Relevant Year t, which is derived from the following formula: where: CPIt-1 has the meaning set out in paragraph 3.1 above; and CPIt-2 has the meaning set out in paragraph 4.1 above, but so that in relation to the Relevant Year commencing on 1 April 2024, EVt-1k shall have, in respect of each electrified Vehicle Mile on route type k, the relevant value per electrified Vehicle Mile on route type k set out in the section of the Track Usage Price List entitled "Charter Electrification Asset Usage Charge rates"; and UVtk means the actual number of electrified Vehicle Miles for all railway vehicles operated by or on behalf of the Train Operator under this contract on route type k in Relevant Year t. Not used Not used Not used Payment of Track Charges and other sums due under the Contract Payment of Track Charges and other sums due under the Contract The Train Operator shall pay or procure the payment to Network Rail of:
Sample 1

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