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  TIC x 25% x max[(TS − RTu − RT x 110%),0]+ x 125%),0]   where:- u u  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 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]+ 0] +  ECu  = TIC x 25% x max[(TSu  TIC x 25% x max[(TS − RTu − RT x 110%),0]+ x 125%),0]   where:- u u  TIC is the relevant Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part A, Section 32; 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 ComponentYear.

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 where:- TIC x 25% x max[(TSu  max[( TSu  RTu x 110%),0]   u u  TIC x 25% x max[(TS − RTu − max[( TS  RT x 110%),0]+ x 125%),0]   where:- u u   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 Component by 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.

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  max[( TSu  RTu x 110%),0] where:-  TIC x 25% x max[(TS − RTu − max[( TS  RT x 110%),0]+ x 125%),0]   where:-  u u  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 Component by 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.

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  TIC x 25% x max[(TS − RTu − RT x 110%),0]+  x 125%),0]   where:- u u  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 Component 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.

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]+   u  TIC x 25% x max[(TS − RTu − RT x 110%),0]+ x 125%),0]   u where:- u u  TIC is the relevant Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part A, Section 32; 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 ComponentYear.