Common use of Electrification Asset Usage Charge Clause in Contracts

Electrification Asset Usage Charge. 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: = ∑( • ) where: ∑ 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: = −1 • (1 + ( −1−−2)) −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.

Electrification Asset Usage Charge. 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: = ∑( • ) where: ∑ 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: = −1 • (1 + ( (−1−−2)) −1 −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.

Electrification Asset Usage Charge. 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: = ∑( • ) where: ∑ 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, Mile on route type k in Relevant Year t, which is derived from the following formula: = −1 • (�1 + ( (−1−−2)) −1 � −2 where: CPIt-1 RPItCPIt-1 has the meaning set out in paragraph 3.1 above; and CPIt-2 RPItCPIt-2 has the meaning set out in paragraph 3.1 above, but so that in relation to the Relevant Year commencing on 1 April 201920142019, 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.

Electrification Asset Usage Charge. 7.1 8.1 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: 𝐸𝑙𝑒𝑐𝑡𝑟𝑖𝑓𝑖𝑐𝑎𝑡𝑖𝑜𝑛 𝐴𝑠𝑠𝑒𝑡 𝑈𝑠𝑎𝑔𝑒 𝐶ℎ𝑎𝑟𝑔𝑒 = ∑( • ) ∑𝐸𝑉 tk●𝑈𝑉 tk where: ∑ means the summation across all route types ktypes; EVtk means an amount in respect of the Electrification Asset Usage Charge per electrified Vehicle MileMile on route type k for Relevant Year t, expressed in xxxxx per electrified Vehicle Mile and rounded to two decimal places, on route type k in Relevant Year t, which is derived from the following formula: = −1 • (1 + ( −1−−2)) −2 where: CPIt-1 CPIt–1 has the meaning set out in paragraph 3.1 2.2 above; and CPIt-2 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 EV t-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 for the Electrification Asset Usage Charge set out in the section of the Track Usage Price List entitled "Charter Electrification Asset Usage Charge rates"List, multiplied by the Initial Indexation Factor, ; and in relation to the next following Relevant Year EVt-1k EV t-1k shall have the same value; and UVtk UV tk means the actual number of electrified Vehicle Miles for all railway vehicles on route type k in Relevant Year t operated by or on behalf of the Train Operator. Where the Train Operator under this contract operates a Bimodal Electric Multiple Unit or Bimodal Locomotive, the actual number of electrified Vehicle Miles on route type k in Relevant Year t.t shall be calculated as follows:

Electrification Asset Usage Charge. 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: = ∑( • ) where: ∑ 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: = −1 • (1 + ( −1−−2)) −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.