We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Track Charges Sample Clauses

Track ChargesThe 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.
Track ChargesPART 1: INTERPRETATION
Track ChargesThe 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;
Track ChargesSubject 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.
Track ChargesThe Track Charge in each Charging Period shall be the sum of the Access Sum in respect of each Service in that Charging Period.
Track Charges. 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.
Track Charges. 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.
Track Charges 

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.

  • Loan Charges Neither this Note nor any of the other Loan Documents shall be construed to create a contract for the use, forbearance or detention of money requiring payment of interest at a rate greater than the Maximum Interest Rate. If any applicable law limiting the amount of interest or other charges permitted to be collected from Borrower in connection with the Loan is interpreted so that any interest or other charge provided for in any Loan Document, whether considered separately or together with other charges provided for in any other Loan Document, violates that law, and Xxxxxxxx is entitled to the benefit of that law, that interest or 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 unpaid principal balance of this Note. 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 that constitutes interest, as well as all other charges made in connection with the Indebtedness that constitute interest, shall be deemed to be allocated and spread ratably over the stated term of this 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 this Note.