Common use of Formula Clause in Contracts

Formula. The formula referred to in paragraph 3.1 is as follows: 𝑁𝑅𝑃 = ∑((𝑊𝑊𝐴𝐶𝑀 + 𝑁𝑅𝐸𝐽𝑇)●𝐵𝐹●𝑁𝑅𝑃𝑅●𝑁𝐹) where: (a) NRP is the Network Rail Payment; ∑ is the sum across all Network Rail Restrictions of Use and all Restriction of Use Days in the Period; WACM is the weighted average of Cancellation Minutes for the Service(s) (or part(s) thereof) in that Service Group as a result of a Network Rail Restriction of Use, calculated according to the following formula: 𝑊𝑊𝐴𝐶𝑀 = (𝐶𝑀 − 𝑁𝑅𝑃𝑃)●∑ (𝑀𝑃𝖶●𝐶𝑆) where: (b) CM is the Cancellation Minutes for the Service Group in question specified in column F of Appendix 1 to Schedule 8; NRPP is the Network Rail performance point for the Service Group in question specified in column B of Appendix 1 to Schedule 8; ∑ is the sum across all Monitoring Points in the Service Group; MPW is the weighting attributable to the Monitoring Point, as specified in column K of Appendix 1 to Schedule 8; CS is the number by which the number of stops at that Monitoring Point scheduled for that day in T2 is less than SS as a result of the Network Rail Restriction of Use; and SS is the number of stops at the Monitoring Point scheduled for that day in T1; (c) NREJT is the extended Journey Time as a result of a Network Rail Restriction of Use in respect of Services in that Service Group, for the Restriction of Use Day, being Services which are not cancelled, calculated according to the following formula: 𝑁𝑅𝐸𝐽𝑇 = 𝐸𝐽𝑇● (1 − ∑ (𝑀𝑃𝖶●𝐶𝑆)) where: ∑, MPW, CS and SS have the meanings ascribed to them in paragraph 3.4(b) above; and EJT is the extended Journey Time as a result of a Network Rail Restriction of Use in respect of Services in that Service Group calculated according to the following formula: if no Train in that Service Group is scheduled in T2 for that day, then EJT shall equal 0; if otherwise, EJT is the lesser of: (i) the number of minutes specified as the Cap for the Service Group in column G of Appendix 1 to Schedule 8; and (ii) 𝐴𝐽𝑇●((𝑢 − 𝑣)/𝑣) provided always that if v equals or is greater than u, EJT shall equal 0; where: AJT is the average Journey Time for Trains in the Service Group scheduled for that day in T1, and shall be equal to the aggregate of the Journey Times scheduled in T1 in respect of such Trains divided by the aggregate number of Journeys scheduled in T1 in respect of such Trains; u is the average speed of Trains in the Service Group scheduled for that day in T1, and shall be equal to the aggregate of the number of miles scheduled to be run in T1 by such Trains divided by the aggregate of the Journey Times scheduled in T1 in respect of such Trains; and v is the speed to which the average speed of Trains in the Service Group scheduled for that day in T2 is reduced as a result of the Network Rail Restrictions of Use (calculated by reference to the aggregate of the number of miles which such Trains are scheduled to run in T2 divided by the aggregate of the end to end Journey Times scheduled in T2 in respect of such Trains), and for the purposes of this paragraph 3.4:

Formula. The formula referred to in paragraph 3.1 is as follows: 𝑁𝑅𝑃 = ∑((𝑊�∑�( ���𝐶𝑀 )+ ��𝑅𝐸��𝑇)� ●𝐵𝐹●𝑁𝑅𝑃𝑅●𝑁𝐹) where: (a) NRP is the Network Rail Payment; ∑ is the sum across all Network Rail Restrictions of Use and all Restriction of Use Days in the Period; WACM is the weighted average of Cancellation Minutes for the Service(s) (or part(s) thereof) in that Service Group as a result of a Network Rail Restriction of Use, calculated according to the following ( formula): 𝑊𝑊��𝐶𝑀 = (𝐶𝑀 − 𝑁𝑅𝑃𝑃)●∑ (𝑀𝑃𝖶●𝐶𝑆) where: (b) CM is the Cancellation Minutes for the Service Group in question specified in column F of Appendix 1 to Schedule 8; NRPP is the Network Rail performance point for the Service Group in question specified in column B of Appendix 1 to Schedule 8; ∑ is the sum across all Monitoring Points in the Service Group; MPW is the weighting attributable to the Monitoring Point, as specified in column K of Appendix 1 to Schedule 8; CS is the number by which the number of stops at that Monitoring Point scheduled for that day in T2 is less than SS as a result of the Network Rail Restriction of Use; and SS is the number of stops at the Monitoring Point scheduled for that day in T1; (c) NREJT is the extended Journey Time as a result of a Network Rail Restriction of Use in respect of Services in that Service Group, for the Restriction of Use Day, being Services which are not cancelled, calculated according to �the following fo� rmula: 𝑁𝑅𝐸𝐽𝑇 = 𝐸𝐽𝑇● (1 − ∑ (𝑀𝑃𝖶●𝐶𝑆)) where: ∑, MPW, CS and SS have the meanings ascribed to them in paragraph 3.4(b) above; and EJT is the extended Journey Time as a result of a Network Rail Restriction of Use in respect of Services in that Service Group calculated according to the following formula: if no Train in that Service Group is scheduled in T2 for that day, then EJT shall equal 0; if otherwise, EJT is the lesser of: (i) the number of minutes specified as the Cap for the Service Group in colum�( n G of A)/� ppendix 1 to Schedule 8; and (ii) 𝐴𝐽𝑇●((𝑢 − 𝑣)/𝑣) provided always that if v equals or is greater than u, EJT shall equal 0; where: AJT is the average Journey Time for Trains in the Service Group scheduled for that day in T1, and shall be equal to the aggregate of the Journey Times scheduled in T1 in respect of such Trains divided by the aggregate number of Journeys scheduled in T1 in respect of such Trains; u is the average speed of Trains in the Service Group scheduled for that day in T1, and shall be equal to the aggregate of the number of miles scheduled to be run in T1 by such Trains divided by the aggregate of the Journey Times scheduled in T1 in respect of such Trains; and v is the speed to which the average speed of Trains in the Service Group scheduled for that day in T2 is reduced as a result of the Network Rail Restrictions of Use (calculated by reference to the aggregate of the number of miles which such Trains are scheduled to run in T2 divided by the aggregate of the end to end Journey Times scheduled in T2 in respect of such Trains), and for the purposes of this paragraph 3.4:

Formula. The formula referred to in paragraph 3.1 is as follows: 𝑁𝑅𝑃 = ∑((𝑊𝑊𝐴𝐶𝑀 + 𝑁𝑅𝐸𝐽𝑇)●𝐵𝐹●𝑁𝑅�: �𝑅●𝑁𝐹) where: (a) NRP is the Network Rail Payment; ∑ is the sum across all Network Rail Restrictions of Use and all Restriction of Use Days in the Period; WACM is the weighted average of Cancellation Minutes for the Service(s) (or part(s) thereof) in that Service Group as a result of a Network Rail Restriction of Use, calculated according to the following formula: 𝑊𝑊𝐴𝐶𝑀 = (��𝑀 − : 𝑁𝑅𝑃𝑃)●∑ (𝑀𝑃𝖶●𝐶𝑆) where: (b) CM is the Cancellation Minutes for the Service Group in question specified in column F of Appendix 1 to Schedule 8; NRPP is the Network Rail performance point for the Service Group in question specified in column B of Appendix 1 to Schedule 8; ∑ is the sum across all Monitoring Points in the Service Group; MPW is the weighting attributable to the Monitoring Point, as specified in column K of Appendix 1 to Schedule 8; CS is the number by which the number of stops at that Monitoring Point scheduled for that day in T2 is less than SS as a result of the Network Rail Restriction of Use; and SS is the number of stops at the Monitoring Poi; nt scheduled for that day in T1; (c) NREJT is the extended Journey Time as a result of a Network Rail Restriction of Use in respect of Services in that Service Group, for the Restriction of Use Day, being Services which are not cancelled, calculated according to the following formula: 𝑁𝑅𝐸𝐽𝑇 = 𝐸𝐽𝑇● (1 − ∑ (𝑀𝑃𝖶●𝐶𝑆)) where: ∑, MPW, CS and SS have the meanings ascribed to them in paragraph 3.4(b) above; and EJT is the extended Journey Time as a result of a Network Rail Restriction of Use in respect of Services in that Service Group calculated according to the following formula: if no Train in that Service Group is scheduled in T2 for that day, then EJT shall: equal 0; if otherwise, EJT is the lesser of: (i) the number of minutes specified as the Cap for the Service Group in column G of Aand ppendix 1 to Schedule 8; and (ii) 𝐴𝐽𝑇●((𝑢 − 𝑣)/𝑣) provided always that if v equals or is greater than u, EJT shall equal 0; where: AJT is the average Journey Time for Trains in the Service Group scheduled for that day in T1, and shall be equal to the aggregate of the Journey Times scheduled in T1 in respect of such Trains divided by the aggregate number of Journeys scheduled in T1 in respect of such Trains; u is the average speed of Trains in the Service Group scheduled for that day in T1, and shall be equal to the aggregate of the number of miles scheduled to be run in T1 by such Trains divided by the aggregate of the Journey Times scheduled in T1 in respect of such Trains; and v is the speed to which the average speed of Trains in the Service Group scheduled for that day in T2 is reduced as a result of the Network Rail Restrictions of Use (calculated by reference to the aggregate of the number of miles which such Trains are scheduled to run in T2 divided by the aggregate of the end to end Journey Times scheduled in T2 in respect of such Trains), and for the purposes of this paragraph 3.4: