Variable Usage Charge. For the purposes of paragraph 1, the term Vt means an amount in respect of the Variable Usage Charge for the Relevant Year t (including any light locomotive movements) which is derived from the following formula: = ∑ • where:
Appears in 8 contracts
Samples: Track Access Contract, Track Access Contract, Track Access Contract
Variable Usage Charge. For the purposes of paragraph 1, the term Vt means an amount in respect of the Variable Usage Charge for the Relevant Year t (including any light locomotive movements) which is derived from the following formula: 𝑉𝑡 = ∑ ∑𝑉𝑖𝑡 • 𝑈𝑉𝑖𝑡 where: Vit means an amount for vehicle type i for Relevant Year t, expressed in pounds sterling per Train Mile and rounded to four decimal places, which is derived as follows:
Appears in 8 contracts
Samples: Track Access Contract, Track Access Contract, Track Access Contract
Variable Usage Charge. For the purposes of paragraph 1, the term Vt means an amount in respect of the Variable Usage Charge for the in Relevant Year t (including any light locomotive movements) which is derived from the following formula: = ∑ • ● where:
Appears in 5 contracts
Samples: Track Access Contract, Track Access Contract, Track Access Contract
Variable Usage Charge. For the purposes of paragraph 1, the term Vt means an amount in respect of the Variable Usage Charge for the Relevant Year t (including any light locomotive movements) which is derived from the following formula: = ∑ • where:
Appears in 4 contracts
Samples: Track Access Contract, Track Access Contract, Track Access Agreement
Variable Usage Charge. For the purposes of paragraph 1, the term Vt means an amount in respect of the Variable Usage Charge for the in Relevant Year t (including any light locomotive movements) which is derived from the following formula: = ∑ • where:
Appears in 3 contracts
Samples: Track Access Contract, Track Access Contract (Passenger Services), Track Access Contract
Variable Usage Charge. For the purposes of paragraph 1, the term Vt means an amount in respect of the Variable Usage Charge for the in Relevant Year t (including any light locomotive movements) which is derived from the following formula: = ∑ • where:
Appears in 2 contracts
Samples: Track Access Contract, Track Access Contract
