Common use of Excess Charge (EC) Clause in Contracts

Excess Charge (EC). (a) Where no Review Event occurs after 1 July in a Financial Year, the Excess Charge for the User (ECu) shall be calculated as follows:- ⎧ TC x max[( TSu − RTu ),0] + ⎫ ECu ⎪ ⎪ = ⎬ ⎨TIC x 25% x max[( TSu − RTu x 110%),0] + ⎩ ⎭ ⎪ TIC x 25% x max[( TS − RT x 125%),0] ⎪ ⎧ TC x max[( TSu − RTu ),0] + ⎫ ⎩ ⎭ ECu ⎪ ⎪ = ⎬ ⎨TIC x 25% x max[( TSu − RTu x 110%),0] + where:- ⎪ TIC x 25% x max[( TS − RT x 125%),0] ⎪ TIC is the relevant Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part A, Section 3; TSu is the actual tonnes of coal Shipped through the relevant Terminal byComponentby the User during the Financial Year that are Reference Tonnage or Excess Tonnage; and RTu is the Reference Tonnage for the User for the Financial Year in respect of the relevant Terminal Component. (b) Where a Review Event occurs after 1 July in a Financial Year, the Excess Charge for the User (ECu) shall be calculated as follows:- ⎧ TICA x max[( TSu − RTu ),0] + ⎫ ECu ⎪ ⎪ = ⎬ ⎨TICA x 25% x max[( TSu − RTu x 110%),0] + ⎩ ⎭ ⎪ TIC x 25% x max[( TS − RT x 125%),0] ⎪ ⎧ TICA x max[( TSu − RTu ),0] + ⎫ ⎩ ⎭ ECu ⎪ ⎪ = ⎬ ⎨TICA x 25% x max[( TSu − RTu x 110%),0] + where:- ⎪ TIC x 25% x max[( TS − RT x 125%),0] ⎪ TICA is the relevant annualised Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part B, Section 6; TSu is the actual tonnes of coal Shipped through the relevant Terminal Component by the User during the Financial Year that are Reference Tonnage or Excess Tonnage; and RTu is the Reference Tonnage for the User for the Financial Year in respect of the relevant Terminal Component.

Excess Charge (EC). (a) Where no Review Event occurs after 1 July in a Financial Year, the Excess Charge for the User (ECu) shall be calculated as follows:- ⎧   TC x max[( TSu max[(TSu − RTu ),0] + ⎫ 0]+  ECu ⎪ ⎪  = ⎬ ⎨TIC TIC x 25% x max[( TSu − RTu x 110%),0] + ⎩ ⎭ ⎪ max[(TSu  TIC x 25% x max[( TS max[(TS − RTu − RT x 125%),0] ⎪ ⎧ TC x max[( TSu − RTu ),0] + ⎫ ⎩ ⎭ ECu ⎪ ⎪ = ⎬ ⎨TIC x 25% x max[( TSu − RTu x 110%),0] + where:- ⎪ TIC x 25% x max[( TS − RT 110%),0]+ x 125%),0] ⎪  where:- TIC is the relevant Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part A, Section 3; TSu is the actual tonnes of coal Shipped through the relevant Terminal byComponentby Component by the User during the Financial Year that are Reference Tonnage or Excess Tonnage; and RTu is the Reference Tonnage for the User for the Financial Year in respect of the relevant Terminal Component. (b) Where a Review Event occurs after 1 July in a Financial Year, the Excess Charge for the User (ECu) shall be calculated as follows:- ⎧ =     TICA x max[( TSu max[(TSu − RTu ),0] + ⎫ 0]+  ECu ⎪ ⎪ = ⎬ ⎨TICA where:- TICA x 25% x max[( TSu max[(TSu − RTu x 110%),0] + ⎩ ⎭ ⎪ 110%),0]+    TIC x 25% x max[( TS max[(TS − RT x 125%),0] ⎪ ⎧ TICA x max[( TSu − RTu ),0] + ⎫ ⎩ ⎭ ECu ⎪ ⎪ = ⎬ ⎨TICA x 25% x max[( TSu − RTu x 110%),0] + where:- ⎪ TIC x 25% x max[( TS − RT x 125%),0] ⎪  TICA is the relevant annualised Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part B, Section 6; TSu is the actual tonnes of coal Shipped through the relevant Terminal Component by the User during the Financial Year that are Reference Tonnage or Excess Tonnage; and RTu is the Reference Tonnage for the User for the Financial Year in respect of the relevant Terminal Component.

Excess Charge (EC). (a) Where no Review Event occurs after 1 July in a Financial Year, the Excess Charge for the User (ECu) shall be calculated as follows:- ⎧  TC x max[( TSu max[(TSu − RTu ),0] + ⎫ 0]+  ECu ⎪ ⎪  = ⎬ ⎨TIC TIC x 25% x max[( TSu − RTu x 110%),0] + ⎩ ⎭ ⎪ max[(TSu  TIC x 25% x max[( TS max[(TS − RTu − RT x 125%),0] ⎪ ⎧ TC x max[( TSu − RTu ),0] + ⎫ ⎩ ⎭ ECu ⎪ ⎪ = ⎬ ⎨TIC x 25% x max[( TSu − RTu x 110%),0] + where:- ⎪ TIC x 25% x max[( TS − RT 110%),0]+  x 125%),0] ⎪  where:- TIC is the relevant relevantTerminalrelevant Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part A, Section 3; TSu is the actual tonnes of coal Shipped through the relevant Terminal byComponentby ComponentbyComponent by the User during the Financial Year that are Reference Tonnage or Excess Tonnage; and RTu is the Reference Tonnage for the User for the Financial Year in respect of the relevant Terminal Component. (b) Where a Review Event occurs after 1 July in a Financial Year, the Excess Charge for the User (ECu) shall be calculated as follows:- ⎧ =     TICA x max[( TSu max[(TSu − RTu ),0] + ⎫ 0]+  ECu ⎪ ⎪ = ⎬ ⎨TICA where:- TICA x 25% x max[( TSu max[(TSu − RTu x 110%),0] + ⎩ ⎭ ⎪ 110%),0]+    TIC x 25% x max[( TS max[(TS − RT x 125%),0] ⎪ ⎧ TICA x max[( TSu − RTu ),0] + ⎫ ⎩ ⎭ ECu ⎪ ⎪ = ⎬ ⎨TICA x 25% x max[( TSu − RTu x 110%),0] + where:- ⎪ TIC x 25% x max[( TS − RT x 125%),0] ⎪  TICA is the relevant annualised Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part B, Section 6; TSu is the actual tonnes of coal Shipped through the relevant Terminal Component by the User during the Financial Year that are Reference Tonnage or Excess Tonnage; and RTu is the Reference Tonnage for the User for the Financial Year in respect of the relevant Terminal Component.

Excess Charge (EC). (a) Where no Review Event occurs after 1 July in a Financial Year, the Excess Charge for the User (ECu) shall be calculated as follows:- ⎧  TC x max[( TSu −  RTu ),0] + ⎫     ECu ⎪ ⎪ = ⎬ ⎨TIC     TIC x 25% x max[( TSu −  RTu x 110%),0] + ⎩ ⎭ ⎪ 110%),0] where:-  TIC x 25% x max[( TS −  RT x 125%),0] ⎪ ⎧ TC x max[( TSu − RTu ),0] + ⎫ ⎩ ⎭ ECu ⎪ ⎪ = ⎬ ⎨TIC x 25% x max[( TSu − RTu x 110%),0] + where:- ⎪ TIC x 25% x max[( TS − RT x 125%),0] ⎪  TIC is the relevant Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part A, Section 3; TSu is the actual tonnes of coal Shipped through the relevant Terminal byComponentby Componentby the User during the Financial Year that are Reference Tonnage or Excess Tonnage; and RTu is the Reference Tonnage for the User for the Financial Year in respect of the relevant Terminal Component. (b) Where a Review Event occurs after 1 July in a Financial Year, the Excess Charge for the User (ECu) shall be calculated as follows:- ⎧  TICA x max[( TSu −  RTu ),0] + ⎫     ECu ⎪ ⎪ = ⎬ ⎨TICA     TICA x 25% x max[( TSu −  RTu x 110%),0] + ⎩ ⎭ ⎪ 110%),0] where:-  TIC x 25% x max[( TS −  RT x 125%),0] ⎪ ⎧ TICA x max[( TSu − RTu ),0] + ⎫ ⎩ ⎭ ECu ⎪ ⎪ = ⎬ ⎨TICA x 25% x max[( TSu − RTu x 110%),0] + where:- ⎪ TIC x 25% x max[( TS − RT x 125%),0] ⎪  TICA is the relevant annualised Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part B, Section 6; TSu is the actual tonnes of coal Shipped through the relevant Terminal Component by the User during the Financial Year that are Reference Tonnage or Excess Tonnage; and RTu is the Reference Tonnage for the User for the Financial Year in respect of the relevant Terminal Component.

Excess Charge (EC). (a) Where no Review Event occurs after 1 July in a Financial Year, the Excess Charge for the User (ECu) shall be calculated as follows:- ⎧      TC x max[( TSu −  RTu ),0] + ⎫   ECu ⎪ ⎪ = ⎬ ⎨TIC where:- TIC x 25% x max[( TSu −  RTu x 110%),0] + ⎩ ⎭ ⎪ 110%),0]    TIC x 25% x max[( TS −  RT x 125%),0] ⎪ ⎧ TC x max[( TSu − RTu ),0] + ⎫ ⎩ ⎭ ECu ⎪ ⎪ = ⎬ ⎨TIC x 25% x max[( TSu − RTu x 110%),0] + where:- ⎪ TIC x 25% x max[( TS − RT x 125%),0] ⎪  TIC is the relevant Terminal relevantTerminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part A, Section 3; TSu is the actual tonnes of coal Shipped through the relevant Terminal byComponentby Componentby the User during the Financial Year that are Reference Tonnage or Excess Tonnage; and RTu is the Reference Tonnage for the User for the Financial Year in respect of the relevant Terminal Component. (b) Where a Review Event occurs after 1 July in a Financial Year, the Excess Charge for the User (ECu) shall be calculated as follows:- ⎧      TICA x max[( TSu −  RTu ),0] + ⎫   ECu ⎪ ⎪ = ⎬ ⎨TICA where:- TICA x 25% x max[( TSu −  RTu x 110%),0] + ⎩ ⎭ ⎪ 110%),0]    TIC x 25% x max[( TS −  RT x 125%),0] ⎪ ⎧ TICA x max[( TSu − RTu ),0] + ⎫ ⎩ ⎭ ECu ⎪ ⎪ = ⎬ ⎨TICA x 25% x max[( TSu − RTu x 110%),0] + where:- ⎪ TIC x 25% x max[( TS − RT x 125%),0] ⎪  TICA is the relevant annualised Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part B, Section 6; TSu is the actual tonnes of coal Shipped through the relevant Terminal Component by the User during the Financial Year that are Reference Tonnage or Excess Tonnage; and RTu is the Reference Tonnage for the User for the Financial Year in respect of the relevant Terminal Component.