Common use of Increment Clause in Contracts

Increment. (a) If the Reference Tonnage Handled by all Access Holders plus the Excess Tonnage Shipped by all Access Holders in a Financial Year exceeds the Aggregate Reference Tonnage ("Over-shipment"), DBCT Management will initially hold (or be entitled to hold - if it is has not actually been paid the relevant amount) a portion of the revenue attributable to the Over-shipment of up to and including 2% of the Revenue Cap (the "Provisional Increment") calculated in accordance with Sub¬Section 4 (b) below.

Appears in 5 contracts

Samples: User Agreement, User Agreement, User Agreement

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Increment. (a) If the Reference Tonnage Handled by all Access Holders plus the Excess Tonnage Shipped by all Access Holders in respect of the Terminal Component in a Financial Year exceeds the Aggregate Reference Tonnage in respect of the Terminal Component ("Over-shipment"), DBCT Management will initially hold (or be entitled to hold - if it is has not actually been paid the relevant amount) a portion of the revenue attributable to the Over-shipment of up to and including 2% of the relevant Revenue Cap (the "Provisional Increment") calculated in accordance with Sub¬Section 4 (bSub-Section 4(b) below.

Appears in 3 contracts

Samples: User Agreement, User Agreement, User Agreement

Increment. (a) If the Reference Tonnage Handled by all Access Holders plus the Excess Tonnage Shipped by all Access Holders in respect of the Terminal Component in a Financial Year exceeds the Aggregate Reference Tonnage in respect of the Terminal Component ("Over-shipment"), DBCT Management will initially hold (or be entitled to hold - if it is has not actually been paid the relevant amount) a portion of the revenue attributable to the Over-shipment of up to and including 2% of the relevant Revenue Cap (the "Provisional Increment") calculated in accordance with Sub¬Section 4 (bSub-Section 4(b) below.below.‌

Appears in 3 contracts

Samples: User Agreement, User Agreement, User Agreement

Increment. (a) If the Reference Tonnage Handled Shipped by all Access Holders plus the Excess Tonnage Shipped by all Access Holders in a Financial Year exceeds the Aggregate Reference Tonnage ("Over-shipment"), DBCT Management will initially hold (or be entitled to hold - if it is has not actually been paid the relevant amount) a portion of the revenue attributable to the Over-shipment of up to and including 2% of the Revenue Cap (the "Provisional Increment") calculated in accordance with Sub¬Section Sub- Section 4 (b) below.

Appears in 1 contract

Samples: User Agreement

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Increment. (a) If a)If the Reference Tonnage Handled by all Access Holders plus the Excess Tonnage Shipped by all Access Holders in a Financial Year exceeds the Aggregate Reference Tonnage ("Over-shipment"), DBCT Management will initially hold (or be entitled to hold - if it is has not actually been paid the relevant amount) a portion of the revenue attributable to the Over-shipment of up to and including 2% of the Revenue Cap (the "Provisional Increment") calculated in accordance with Sub¬Section 4 (b) below.

Appears in 1 contract

Samples: User Agreement

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