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:
Sample 1Sample 2Sample 3
Aggregate Reference Tonnage has the meaning given in the Access Undertaking.
Sample 1Sample 2Sample 3

Examples of Aggregate Reference Tonnage in a sentence

  • Cap (RC) The Revenue Cap (RC) for each Financial Year (or where there is a Review Event after 1 July, for each period "i" in the Financial Year) is calculated as follows: where: RC = ARRxART + INCR NCT ARR is the Annual Revenue Requirement; ART is the Aggregate Reference Tonnage; NCT is the Notional Contracted Tonnage; and INCR is the sum of any relevant Increments approved by the QCA in respect of prior Financial Years pursuant to Schedule 2, Part B, clause 4(d).

  • 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.

  • Cap (RC) The Revenue Cap (RC) for each Financial Year (or where there is a Review Event after 1 July, for each period "i" in the Financial Year) is calculated as follows: RC  ARRxART  INCR NCT where: ARR is the Annual Revenue Requirement; ART is the Aggregate Reference Tonnage; NCT is the Notional Contracted Tonnage; and INCR is the sum of any relevant Increments approved by the QCA in respect of prior Financial Years pursuant to Schedule 2, Part B, clause 4(d).

  • Cap (RC) The Revenue Cap (RC) for each Financial Year (or where there is a Review Event after 1 July, for each period “i” in the Financial Year) is calculated as follows: RC = where: ARR × ART + INCR NCT ARR is the Annual Revenue Requirement; ART is the Aggregate Reference Tonnage; NCT is the Notional Contracted Tonnage; and INCR is any relevant Increment approved by the QCA in respect of prior Financial Years pursuant to Schedule 2, Part B, Sub-Section 4(d).

  • 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 8.

  • 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.

  • 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.

  • Year End Adjustment (YEA) For each Terminal Component, Tthe 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 in respect of the Terminal Component; ART is the Aggregate Reference Tonnage for the Financial Year in respect of the relevant Terminal Component; and RP is the Rebate Pool for the Financial Year calculated at Schedule 2, Part B, Section 8.

  • 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.

  • Cap (RC) The Revenue Cap (RC) for each Financial Year (or where there is a Review Event after 1 July, for each period "i" in the Financial Year) is calculated as follows: RC = ARRxART + INCR NCT where: ARR is the Annual Revenue Requirement; ART is the Aggregate Reference Tonnage; NCT is the Notional Contracted Tonnage; and INCR is the sum of any relevant Increments approved by the QCA in respect of prior Financial Years pursuant to Schedule 2, Part B, clause 4(d).

Related to Aggregate Reference Tonnage

  • Applicable Reference Rate means with respect to any Loan made in any currency, the rate indicated on Annex II under the heading “Applicable Reference Rate” for such currency.

  • HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • CPI Daily Inflation Reference Index means (A) in relation to the first day of any given month, the CPI Monthly Reference Index of the third month preceding such month, and (B) in relation to a day (D) (other than the first day) in any given month (M), the linear interpolation of the CPI Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Credit Amount has the meaning set forth in Section 4.01(b)(ii).

  • Plantwide applicability limitation (PAL means an emission limitation expressed in tons per year, for a pollutant at a major stationary source, that is enforceable as a practical matter and established source-wide in accordance with Chapter 19, section 011.

  • Defined Contribution Dollar Limitation means, for any Limitation Year, $46,000, as adjusted for increases in the cost-of-living under Code section 415(d). If a short Limitation Year is created because of a Plan amendment changing the Limitation Year to a different 12-consecutive month period, the Defined Contribution Dollar Limitation for the short Limitation Year will not exceed the amount determined in the preceding sentence multiplied by a fraction, the numerator of which is the number of months in the short Limitation Year and the denominator of which is 12.

  • Annual Percentage Rate or “APR” of a Receivable means the annual rate of finance charges stated in such Receivable.

  • PJM Region Installed Reserve Margin means the percent installed reserve margin for the PJM Region required pursuant to RAA, Schedule 4.1, as approved by the PJM Board. PJM Region Peak Load Forecast:

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • Aggregate Remaining Net Positive Adjustments means, as of the end of any taxable period, the sum of the Remaining Net Positive Adjustments of all the Partners.

  • Maximum Concentration Level Assessment means the Maximum Concentration Level Assessment for the purposes of a Basic Comprehensive Certificate of Approval, described in the Basic Comprehensive User Guide, prepared by a Toxicologist using currently available toxicological information, that demonstrates that the concentration at any Point of Impingement for a Compound of Concern that does not have a Ministry Point of Impingement Limit is not likely to cause an adverse effect as defined by the EPA. The concentration at Point of Impingement for a Compound of Concern must be calculated in accordance with O. Reg. 419/05.

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):

  • Group I Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group I Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.

  • emission limit value means the mass, expressed in terms of certain specific parameters, concentration and/or level of an emission, which may not be exceeded during one or more periods of time;

  • Aggregate Quantity of IDR Reset Common Units has the meaning given such term in Section 5.11(a).

  • Required Reserve Factor Floor means, for any Calculation Period, the sum (expressed as a percentage) of (a) 12.5% plus (b) the product of the Adjusted Dilution Ratio and the Dilution Horizon Ratio, in each case, as of the most recent Cut-Off Date.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Replacement Reference Rate means a reference rate which is:

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • Group II Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group II Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.