Common use of Electrification Asset Usage Charge Clause in Contracts

Electrification Asset Usage Charge. For the purposes of paragraph 1, the term EAVt means an amount for electrification asset usage which is derived from the following formula: ℎ = ∑● where: ∑ 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: = ● (1 + ( −1−−2) −1 −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: (i) where the Bimodal Electric Multiple Unit or Bimodal Locomotive is operating in a Traction-Train Compatible situation and is not a Metered Train m, it shall be deemed that all mileage, if any, of such train is electrified; or (ii) where the Bimodal Electric Multiple Unit or Bimodal Locomotive is a Metered Train m, in accordance with paragraph 4.1.5 above.

Electrification Asset Usage Charge. For the purposes of paragraph 1, the term EAVt means an amount for electrification asset usage which is derived from the following formula: ℎ 𝐸𝑙𝑒𝑐𝑡𝑟𝑖𝑓𝑖𝑐𝑎𝑡𝑖𝑜𝑛 𝐴𝑠𝑠𝑒𝑡 𝑈𝑠𝑎𝑔𝑒 𝐶ℎ𝑎𝑟𝑔𝑒 = ∑● ∑𝐸𝑉𝑡𝑘●𝑈𝑉𝑡𝑘 where: ∑ 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: 𝐸𝑉 = 𝐸𝑉 ● (1 + ( −1−−2(𝐶𝑃𝐼𝑡−1−𝐶𝑃𝐼𝑡−2) −1 −2 where: 𝑡−1𝑘 ) 𝐶𝑃𝐼𝑡−2 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: (i) where the Bimodal Electric Multiple Unit or Bimodal Locomotive is operating in a Traction-Train Compatible situation and is not a Metered Train m, it shall be deemed that all mileage, if any, of such train is electrified; or (ii) where the Bimodal Electric Multiple Unit or Bimodal Locomotive is a Metered Train m, in accordance with paragraph 4.1.5 above.

Electrification Asset Usage Charge. For the purposes of paragraph 1, the term EAVt means an amount for electrification asset usage which is derived from the following formula: ℎ ݈ݐݎℏℏݐℏ݋݊ ݏݏݐ ݏ ℎݎ = ∑● where: ∑ 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: = −1 ● (1 + ( (−1−−2)) −1 −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: (i) where the Bimodal Electric Multiple Unit or Bimodal Locomotive is operating in a Traction-Train Compatible situation and is not a Metered Train m, it shall be deemed that all mileage, if any, of such train is electrified; or (ii) where the Bimodal Electric Multiple Unit or Bimodal Locomotive is a Metered Train m, in accordance with paragraph 4.1.5 above.

Electrification Asset Usage Charge. 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: ℎ 𝐸𝑙𝑒𝑐𝑡𝑟𝑖𝑓𝑖𝑐𝑎𝑡𝑖𝑜𝑛 𝐴𝑠𝑠𝑒𝑡 𝑈𝑠𝑎𝑔𝑒 𝐶ℎ𝑎𝑟𝑔𝑒 = ∑● ∑𝐸𝑉 tk●𝑈𝑉 tk where: ∑ 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: = ● (1 + ( −1−−2) −1 −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 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 EVt-1k EV t-1k shall have the same value; and UVtk 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: (i) where the Bimodal Electric Multiple Unit or Bimodal Locomotive is operating in a Traction-Train Compatible situation and is not a Metered Train m, it shall be deemed that all mileage, if any, of such train is electrified; or (ii) where the Bimodal Electric Multiple Unit or Bimodal Locomotive is a Metered Train m, in accordance with paragraph 4.1.5 above.

Electrification Asset Usage Charge. For the purposes of paragraph 1, the term EAVt means an amount for electrification asset usage which is derived from the following formula: ℎ = ∑● where: ∑ 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: = ● (�1 + ( (−1−−2) −1 � −2 where: CPIt–1 has the meaning set out in paragraph 2.2 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 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: (i) where the Bimodal Electric Multiple Unit or Bimodal Locomotive is operating in a Traction-Train Compatible situation and is not a Metered Train m, it shall be deemed that all mileage, if any, of such train is electrified; or (ii) where the Bimodal Electric Multiple Unit or Bimodal Locomotive is a Metered Train m, in accordance with paragraph 4.1.5 above.