Track Charges Sample Clauses

Track Charges.Β The Variable Charge in respect of each Service in each Charging Period shall be calculated in accordance with the following formula: π‘‰π‘Žπ‘Ÿπ‘–π‘Žπ‘π‘™π‘’ πΆβ„Žπ‘Žπ‘Ÿπ‘”π‘’ = 1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 where: 1 means, in respect of each locomotive, the VUC Rate, expressed in pounds sterling per 1000 Gross Tonne Mile and rounded to four decimal places, for the relevant locomotive type multiplied by the kgtm for that locomotive type relating to the relevant Service; 2 means, in respect of each empty wagon, the VUC Rate, expressed in pounds sterling per 1000 Gross Tonne Mile and rounded to four decimal places, for the relevant empty wagon type multiplied by the kgtm for that empty wagon type relating to the relevant Service; 3 means, in respect of each loaded wagon, the VUC Rate, expressed in pounds sterling per 1000 Gross Tonne Mile and rounded to four decimal places, for the relevant loaded wagon type multiplied by the kgtm for that loaded wagon type relating to the relevant Service; 4 means, in respect of each unit of coaching stock, the VUC Rate, expressed in pounds sterling per 1000 Gross Tonne Mile and rounded to four decimal places, for the relevant coaching stock type multiplied by the kgtm for that coaching stock type relating to the relevant Service; 5 has a value of zero; 6 has a value of zero; 7 has a value of zero; 8 has a value of zero; and 9 means, in respect of New Registered Equipment during the VUC Default Period, the VUC Default Rate, expressed in pounds sterling per 1000 Gross Tonne Mile and rounded to four decimal places, multiplied by the kgtm for that New Registered Equipment relating to the relevant Service.
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Track Charges.Β PART 1: INTERPRETATION
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Track Charges.Β The Variable Charge in respect of each Service in each Charging Period shall be calculated in accordance with the following formula: β„Ž = 1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 where: 1 means, in respect of each locomotive, the VUC Rate, expressed in pounds sterling per 1000 Gross Tonne Mile and rounded to four decimal places, for the relevant locomotive type multiplied by the kgtm for that locomotive type relating to the relevant Service; 2 means, in respect of each empty wagon, the VUC Rate, expressed in pounds sterling per 1000 Gross Tonne Mile and rounded to four decimal places, for the relevant empty wagon type multiplied by the kgtm for that empty wagon type relating to the relevant Service; 3 means, in respect of each loaded wagon, the VUC Rate, expressed in pounds sterling per 1000 Gross Tonne Mile and rounded to four decimal places, for the relevant loaded wagon type multiplied by the kgtm for that loaded wagon type relating to the relevant Service; 4 means, in respect of each unit of coaching stock, the VUC Rate, expressed in pounds sterling per 1000 Gross Tonne Mile and rounded to four decimal places, for the relevant coaching stock type multiplied by the kgtm for that coaching stock type relating to the relevant Service; 5 has a value of zero; 6 has a value of zero;
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Track Charges.Β Subject to the provisions in part 2 of this Schedule 7, during each Relevant Year, Network Rail shall levy and the Train Operator shall pay Track Charges in accordance with the following formula: where: Tt means Track Charges in Relevant Year t; and where: RPIt - 1 means the percentage change (whether of a positive or negative value) between the Retail Prices Index published or determined with respect to November in Relevant Year t-1 and the index published or determined with respect to November in Relevant Year t-2, but so that in relation to the Relevant Year t commencing on 1 July 2011, Tt shall have the value of Β£360.
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Track Charges.Β The Track Charge in each Charging Period shall be the sum of the Access Sum in respect of each Service in that Charging Period.
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Track Charges.Β 1 Principal formula (a) in respect of the Relevant Year commencing on 1 April 2009, the total of the amounts set out in the row relating to the Train Operator and the column relating to that year in the Schedule of Fixed Charges; and (b) in respect of any other Relevant Year t, the total of the amounts set out in the row relating to the Train Operator and the column relating to that year in the Schedule of Fixed Charges, multiplied by the Fixed Track Charge Indexation for that year calculated in accordance with paragraph 2; Vt means an amount in respect of the Variable Track Usage Charge in Relevant Year t which is derived from the formula in paragraph 3.1; Et means an amount in respect of the Traction Electricity Charge in Relevant Year t which is derived from the formula in paragraph 4.1; Kt means an amount in respect of the Capacity Charge in Relevant Year t which is derived from the formula in paragraph 6; EVtk means an amount in respect of the Electrification Asset Usage Charge, calculated in accordance with the formula in paragraph 8; BSt means an amount (which shall not be a negative value) in respect of the Efficiency Benefit Share in Relevant Year t which is determined in accordance with paragraph 3.2; and Wt means an amount (which shall not be a negative value) in respect of the Network Rail Rebate in Relevant Year t, calculated in accordance with the provisions of paragraph 7.1.
Sample 1
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Track Charges.Β β€Œ The Train Operator shall pay to RfL(I) the Track Charges in respect of each Period p in accordance to the following formula: = + 4 + where: is the Track Charges in respect of Period p; is the Costs Directly Incurred Charge in respect of Period p, calculated in accordance with paragraph 4 and invoiced by RfL(I) in arrears in accordance with paragraph 1.1 of Part 4 of this Schedule 7; 4 is the Traction Electricity Charge in respect of Period p, calculated in accordance with paragraph 5.2 or 5.3 (as the case may be) and invoiced by RfL(I) in arrears in accordance with paragraph 1.1 of Part 4 of this Schedule 7; and is the Traction Electricity Charge Adjustment in respect of Relevant Year t, calculated in accordance with paragraph 5.4 and invoiced by RfL(I) in arrears in accordance with paragraph 1.1 of Part 4 of this Schedule 7.
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Track ChargesΒ 
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Related to Track Charges

  • Bank Charges Borrowers shall pay to Agent, on demand, any and all fees, costs or expenses which Agent or any Lender pays to a bank or other similar institution arising out of or in connection with (i) the forwarding to any Borrower or any other Person on behalf of any Borrower, by Agent or any Lender, of proceeds of Loans made to Borrowers pursuant to this Agreement and (ii) the depositing for collection by Agent or any Lender of any check or item of payment received or delivered to Agent or any Lender on account of the Obligations.

  • CONTRACT CHARGES The Contract Charges for the Services shall be structured using any of the following pricing mechanisms (as may be agreed by the Parties and set out in an SOW); Capped Time and Materials; Price per Story; Time and Materials; Fixed Price (to be used only for Services that are ancillary to software development services); or using such other pricing mechanism or combination of pricing mechanism thereof as may be agreed by the Parties. In consideration of the Supplier’s performance of its obligations under this Contract and in consideration of the specific services that are set out in an applicable SOW, the Customer shall pay the undisputed Contract Charges in accordance with the relevant SOW for the Release and the payment provisions set out at Clause 14 (Payment and VAT). The Customer shall, in addition to the Contract Charges and following delivery by the Supplier of an Invoice, pay the Supplier a sum equal to the VAT chargeable on the value of the Services supplied in accordance with this Contract. If at any time during this Contract Period the Supplier reduces its framework Prices for any Services which are provided under the framework Agreement (whether or not such Services are offered in a catalogue (if any) which is provided under the framework Agreement) in accordance with the terms of the framework Agreement, the Supplier shall immediately reduce the Contract Charges for such Services under this Contract by the same amount. The Supplier shall in any event ensure that the Contract Charges are at all times compliant and consistent with the charging structure set out in framework Schedule 8 (Charging Structure) and do not exceed the prices set out therein. Contract Charges:

  • Service Charges No service charge shall be made for any exchange or registration of transfer of Warrants.

  • Direct Charges To the extent Cash-based Expenses are incurred by the Contractor, the Contractor shall be reimbursed for reasonable and necessary actual direct costs incurred (e.g., equipment, supplies, travel and other costs directly associated with the performance of the Agreement) to the extent required in the performance of the Work and to the extent such costs are anticipated in the Budget. Travel, lodging, meals and incidental expenses shall be reimbursed for reasonable and necessary costs incurred. Costs shall not exceed the daily per diem rates published in the Federal Travel Regulations. Reimbursement for the use of personal vehicles shall be limited to the Internal Revenue Service business standard mileage rate in effect at the time the expense was incurred.

  • RENTAL CHARGES Total charges as set out in the Rental Agreement are not final. The Customer will pay any shortfall in charges to maui and the Customer will receive a refund for any overcharges made by maui. Wherever possible, any amendment to charges will be notified to the customer at conclusion of rental, and the customer agrees to payment of any such charges at that time.

  • User Charges 1. User charges that may be imposed by the competent charging authorities or bodies of each Party on the airlines of the other Party shall be just, reasonable, not unjustly discriminatory, and equitably apportioned among categories of users. In any event, any such user charges shall be assessed on the airlines of the other Party on terms not less favorable than the most favorable terms available to any other airline at the time the charges are assessed. 2. User charges imposed on the airlines of the other Party may reflect, but shall not exceed, the full cost to the competent charging authorities or bodies of providing the appropriate airport, airport environmental, air navigation, and aviation security facilities and services at the airport or within the airport system. Such charges may include a reasonable return on assets, after depreciation. Facilities and services for which charges are made shall be provided on an efficient and economic basis. 3. Each Party shall encourage consultations between the competent charging authorities or bodies in its territory and the airlines using the services and facilities, and shall encourage the competent charging authorities or bodies and the airlines to exchange such information as may be necessary to permit an accurate review of the reasonableness of the charges in accordance with the principles of paragraphs 1 and 2 of this Article. Each Party shall encourage the competent charging authorities to provide users with reasonable notice of any proposal for changes in user charges to enable users to express their views before changes are made. 4. Neither Party shall be held, in dispute resolution procedures pursuant to Article 14, to be in breach of a provision of this Article, unless (a) it fails to undertake a review of the charge or practice that is the subject of complaint by the other Party within a reasonable amount of time; or (b) following such a review it fails to take all steps within its power to remedy any charge or practice that is inconsistent with this Article.

  • Taxes and Charges Contractor shall be responsible for payment of all taxes, fees, contributions or charges applicable to the conduct of the Contractor’s business.

  • Utility Charges Tenant shall pay or cause to be paid all charges for electricity, power, gas, oil, water and other utilities used in connection with the Leased Property.

  • PUBLIC CHARGES 30.1 The District shall process public charges according to the following procedures. Failure to do so is a grievable offense which could mean an arbitrator would not allow any discipline growing from the public charge if the arbitrator felt the unit member were disadvantaged by failure to follow these procedures. 30.2 A complaint regarding a bargaining unit member made to any member of the administration by any student, parent, or person which alleges professional error, poor judgment in the execution of professional responsibility or personal misconduct, which has affected or might affect the work performance of the bargaining unit member, shall be discussed with the bargaining unit member and the complainant identified to the bargaining unit member within 3 work days of receiving the information or, if immediate discipline is contemplated, within 24 hours of receiving the information. In the event that these notification and discussion procedures are precluded by applicable law with respect to the investigation of complaints of possible criminal conduct, child abuse or sexual harassment of students, the bargaining unit member shall only be provided the complaint at the appropriate point in the investigation process. In these circumstances prior to a final decision on whether to seek discipline, the unit member shall be provided an opportunity to meet personally with the administrator responsible for the investigation and respond to the allegations. 30.3 When charges by any of the above complainants has been reduced to writing, the bargaining unit member shall be given a copy within 3 work days and shall be provided an opportunity to respond to the charge and attach a written statement before it is placed in his or her file. In the event the charge has not been reduced to writing, the bargaining unit member may, at his or her discretion, require that the complaint be reduced to writing by the administration. The bargaining unit member and the District may agree that the written complaint may not be placed in the personnel file. 30.4 Should the bargaining unit member or the District believe that the allegation in the complaint is sufficiently serious to warrant a meeting between the bargaining unit member and the complainant, the evaluator shall endeavor to set up a meeting. The bargaining unit member may elect to have representation at the meeting by providing reasonable notice to the District. 30.5 The District shall not dismiss or refuse to re-employ a bargaining unit member on the basis of a written complaint that cannot be verified.

  • Loan Charges If any applicable law limiting the amount of interest or other charges permitted to be collected from Borrower is interpreted so that any charge provided for in any Loan Document, whether considered separately or together with other charges levied in connection with any other Loan Document, violates that law, and Borrower is entitled to the benefit of that law, that charge is hereby reduced to the extent necessary to eliminate that violation. The amounts, if any, previously paid to Lender in excess of the permitted amounts shall be applied by Lender to reduce the principal of the Indebtedness. For the purpose of determining whether any applicable law limiting the amount of interest or other charges permitted to be collected from Borrower has been violated, all Indebtedness which constitutes interest, as well as all other charges levied in connection with the Indebtedness which constitute interest, shall be deemed to be allocated and spread over the stated term of the Note. Unless otherwise required by applicable law, such allocation and spreading shall be effected in such a manner that the rate of interest so computed is uniform throughout the stated term of the Note.

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