Aggregate Reference Tonnage definition

Aggregate Reference Tonnage has the meaning given in the Access Undertaking. "Agreement" means this agreement, including all schedules attached to it. "Agreement Revision Date" means:
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Aggregate Reference Tonnage has the meaning given in the Access Undertaking.
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Examples of Aggregate Reference Tonnage in a sentence

  • Year End Adjustment (YEA) The Year End Adjustment for the User (YEAu) will be calculated in respect of each Financial Year as follows:- where:- RTu is the Reference Tonnage for the User for the Financial Year; ART is the Aggregate Reference Tonnage for the Financial Year; and RP is the Rebate Pool for the Financial Year calculated at Schedule 2, Part B, Section 2.

  • Increment If the Reference Tonnage Handled by all Access Holders plus the Excess Tonnage Shipped by all Access Holders in a Financial Year exceeds the Aggregate Reference Tonnage ("Over-shipment"), DBCT Management will initially hold (or be entitled to hold - if it is has not actually been paid the relevant amount) a portion of the revenue attributable to the Over-shipment of up to and including 2% of the Revenue Cap (the "Provisional Increment") calculated in accordance with Sub¬Section 4 (b) below.

  • The Each TIC will be amended annually on 1 July to reflect the new relevant ARR approved by the QCA and any variation to reflect the relevant Increment, the Aggregate Reference Tonnage and the Notional Contract Tonnage applicable for that Financial Year.

  • Where no Review Event occurs after 1 July in a Financial Year, the Terminal Infrastructure Charge (TIC) in respect of a Terminal Component for that Financial Year, being a charge per tonne of Annual Contract Tonnage for the Terminal Component, will be calculated as follows:- where:- RC is the relevant Revenue Cap; and ART is the relevant Aggregate Reference Tonnage.