VUC Default Charge.Β For the purposes of paragraph 1, the term Dt means the amount of VUC Default Charge payable in respect of New Specified Equipment in Relevant Year t which is derived from the following formula: π·π‘ = βπ·ππ‘βππ·ππ‘ where: Dnt means the VUC Default Rate for that New Specified Equipment for Relevant Year t, expressed in xxxxx per Vehicle Mile and rounded to two decimal places, which is derived from the following formula: π· = π· β (1 + (πΆππΌπ‘β1βπΆππΌπ‘β2) ππ‘ ππ‘β1 ) πΆππΌπ‘β2 where: CPIt-1 and CPIt-2 have the meanings set out in paragraph 3.1 of this Part 2, but so that in relation to the Relevant Year commencing on 1 April 2019, Dnt shall have, in respect of New Specified Equipment, the corresponding VUC Default Rate for that New Specified Equipment, multiplied by the Initial Indexation Factor; and in relation to the next following Relevant Year Dnt-1 shall have the same value; UDnt means the actual volume of usage of New Specified Equipment in Vehicle Miles during the VUC Default Period in Relevant Year t operated by or on behalf of the Train Operator; and β means the summation across all relevant New Specified Equipment.
VUC Default Charge.Β For the purposes of paragraph 1, the term Dt means the amount of VUC Default Charge payable in respect of New Specified Equipment in Relevant Year t which is derived from the following formula: = β β where:
VUC Default Charge.Β For the purposes of paragraph 1, the term Dt means the amount of VUC Default Charge payable in respect of New Specified Equipment in Relevant Year t which is derived from the following formula: where: Dnt means the VUC Default Rate for that New Specified Equipment for Relevant Year t, expressed in xxxxx per Vehicle Mile and rounded to two decimal places, which is derived from the following formula: where: CPIt-1 has the meaning set out in paragraph Error: Reference source not found above; and CPIt-2 has the meaning set out in paragraph 3.1 above, but so that in relation to the Relevant Year commencing on 1 April 2019, Dnt shall have, in respect of New Specified Equipment, the corresponding VUC Default Rate for that New Specified Equipment, multiplied by the Initial Indexation Factor; and in relation to the next following Relevant Year Dnt-1 shall have the same value; UDnt means the actual volume of usage of New Specified Equipment in Vehicle Miles during the VUC Default Period in Relevant Year t operated by or on behalf of the Train Operator; and β means the summation across all relevant New Specified Equipment. Not used Not used Not used Not used Not used Bilateral supplements to the Track Usage Price List Where the Train Operator intends to use New Specified Equipment on the CVL, it shall where reasonably practicable inform the CVL IM in writing of the date or likely date from which it intends to do so. Where the Train Operator uses New Specified Equipment on the CVL, the Train Operator shall pay the CVL IM the relevant VUC Default Charge during the VUC Default Period. No supplement to the Track Usage Price List shall have effect under this contract unless it has been: agreed between the parties and XXX has consented to it; or determined by XXX. Either the Train Operator or the CVL IM shall be entitled to propose that a supplemental agreement be agreed between the Train Operator and the CVL IM to incorporate into this contract any supplement to the Track Usage Price List as necessary to include a new vehicle type and corresponding rate. Any proposal of a kind referred to in paragraph 9.4 shall be made by notice to the other party and shall be accompanied by a specification of the proposal in reasonable detail and the reasons for it. The parties shall thereafter seek to agree in good faith the necessary supplement to the list in question. Either party may request from the other such information that it reasonably requires in connection with the proposal a...
VUC Default Charge.Β For the purposes of paragraph 1, the term Dt means the amount of VUC Default Charge payable in respect of New Specified Equipment in Relevant Year t which is derived from the following formula: π·π‘ = βπ·ππ‘ β’ ππ·ππ‘ where: Dnt means the VUC Default Rate for that New Specified Equipment for Relevant Year t, expressed in xxxxx per Vehicle Mile and rounded to two decimal places, which is derived from the following formula: π· = π· Γ (1 + (πΆππΌπ‘β1βπΆππΌπ‘β2) ππ‘ ππ‘β1 where: ) πΆππΌοΏ½οΏ½β2 CPIt-1 has the meaning set out in paragraph 3.1(b) above; CPIt-2 means the CPI published or determined with respect to the month of November in Relevant Year t-2, but so that in relation to the Relevant Year commencing on 1 April 2019, Dnt shall have, in respect of New Specified Equipment, the corresponding VUC Default Rate for that New Specified Equipment, multiplied by the Initial Indexation Factor; and in relation to the next following Relevant Year Dnt-1 shall have the same value; UDnt means the actual volume of usage of New Specified Equipment in Vehicle Miles during the VUC Default Period in Relevant Year t operated by or on behalf of the Train Operator; and β means the summation across all relevant New Specified Equipment.
VUC Default Charge.Β For the purposes of paragraph 1, the term Dt means the amount of VUC Default Charge payable in respect of New Specified Equipment in Relevant Year t which is derived from the following formula: where: Dnt means the VUC Default Rate for that New Specified Equipment for Relevant Year t, expressed in xxxxx per Vehicle Mile and rounded to two decimal places, which is derived from the following formula: where: CPIt-1 has the meaning set out in paragraph 2.2 above; and CPIt-2 has the meaning set out in paragraph 3.1 above, but so that in relation to the Relevant Year commencing on 1 April 2024, Dnt-1 shall have, in respect of New Specified Equipment, the corresponding VUC Default Rate for that New Specified Equipment; UDnt means the actual volume of usage of New Specified Equipment in Vehicle Miles during the VUC Default Period in Relevant Year t operated by or on behalf of the Train Operator; and β means the summation across all relevant New Specified Equipment. Traction Electricity Charge For the purposes of paragraph 1, the term Et means an amount in respect of the Traction Electricity Charge in Relevant Year t, which is derived from the following formula: where: Etmo means an amount calculated in accordance with paragraph 4.1.2 below; Etme means an amount calculated in accordance with paragraph 4.1.3 below; EtmuAC means an amount calculated in accordance with paragraph 4.1.4(a) below; and EtmuDC means an amount calculated in accordance with paragraph 4.1.4(b) below. Circumstances in which calculation to be based on modelled data and circumstances in which calculation to be based on metered data Etmo shall be calculated in respect of all trains other than those identified in the table at Appendix 7D, and Etme, EtmuAC and EtmuDC shall be calculated in respect of the trains identified in the table at Appendix 7D. Calculation of modelled consumption Etmo is derived from the following formula: where: β means the summation across all Geographic Areas g, as appropriate; Etmog is derived from the following formula: where: β means the summation across all relevant train categories i (determined in accordance with paragraph 4.1.1 above), New Modelled Trains and tariff bands j, as appropriate; Ci means, as appropriate: the consumption rate:
