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 16 contracts
Samples: www.orr.gov.uk, tfw.wales, www.orr.gov.uk
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: 𝑉�� = ∑𝑉∑ 𝑖𝑡 • 𝑈𝑉��𝑡 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 9 contracts
Samples: tfw.wales, www.orr.gov.uk, www.orr.gov.uk
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: 𝑉𝑡 = ∑𝑉𝑖𝑡 • 𝑈𝑉𝑖𝑡 where: Vit means an ama type of ount for vehicle type i for Relevant Year t, expressed in pounds xxxxx sterling pVehicle er Train Mile and roundedtwo to four decimal places, which is derived as follows:
Appears in 2 contracts
Samples: www.orr.gov.uk, www.orr.gov.uk