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Charge Variation definition

Charge Variation means a variation: (a) to a Relevant Agreement; and (b) which is effected as a result of a Charging Review (including any variation in connection with an Incremental Output Statement Charge);
Charge Variation means a variation:
Charge Variation has the meaning given to it in the Franchise Agreement; Claim means all and any claims against a Party under this Agreement, including any claim for breach of contract, misrepresentation or indemnification, or pursuant to any common law or statutory rights, covenant or undertaking in relation to any matter relating to this Agreement;

Examples of Charge Variation in a sentence

  • For this reason the following changes have been made to the definition of Charging Review and Charge Variation: 3 Condition F11.5 of SACs 1996 is not contained in SACs 2011 nor is there any equivalent provision, and under Schedule 4 of the Railways Act 2005 the ▇▇▇ only has the power to undertake a review of the terms of charging etc under any agreement if that agreement provides for it to do so.


More Definitions of Charge Variation

Charge Variation means a variation: (a) to a Relevant Agreement; and (b) which is effected as a result of a Charging Review (including any variation in connection with an Incremental Output Statement Charge); “Charging Review” means: (a) the exercise by the ▇▇▇ of its powers under: (i) Part 7 of Schedule 7 of the Track Access Agreement to which the Franchisee is a party on the Start Date or any Replacement Agreement which is or is deemed to be a Relevant Agreement in accordance with the definition of that term; (ii) Condition F11.5 of the Station Access Conditions in relation to any station which is not an Independent Station; or (iii) Condition 42.5 of the Independent Station Access Conditions in relation to any station which is an Independent Station; (b) the following by the ▇▇▇ of the procedure in Schedule 4A of the Act; (c) the exercise by the ▇▇▇ of any of its powers or the following of any other procedure, which, in the Secretary of State’s reasonable opinion: (i) has an equivalent effect to; or (ii) is intended to fulfil the same function as, any of the powers referred to in paragraphs (a) or (b) in relation to any Relevant Agreement. For this purpose, Relevant Agreement includes any Relevant Agreement which is not the subject of any previous Charging Review; or (d) any amendment to a Relevant Agreement, or entry into a new Relevant Agreement which is approved by the ▇▇▇ to the extent that it relates to an Incremental Output Statement Charge or a scheme to which that charge relates;
Charge Variation means a variation which is effected as a result of a ….2001 Review of the level of charges payable under the Relevant Agreements to Railtrack….by the Franchise Operator…..
Charge Variation. Charging Review"
Charge Variation means a variation: (a) to a Relevant Agreement; and (b) which is effected as a result of a Charging Review (including any variation in connection with an Incremental Output Statement Charge); but excluding any such variation to a Relevant Agreement to the extent that it applies to any payments (other than the Fixed Track Charge (as such term is defined in part 1 of Schedule 7 of the Track Access Agreement)) relating to Additional Passenger Services or Additional Timetable Development Rights where such Additional Passenger Services are provided by or Additional Timetable Development Rights utilised by additional rolling stock funded by Additional Rolling Stock Investment;

Related to Charge Variation

  • Failed Bank Charge-Offs/Write-Downs means, with respect to any Shared- Loss Asset, an amount equal to the aggregate amount of reversals or charge-offs of Accrued Interest and charge-offs and write-downs of principal effected by the Failed Bank with respect to that Shared-Loss Asset as reflected on the Accounting Records of the Failed Bank.

  • Disposable income means that part of the income due and payable of any individual remaining

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114.

  • Finance Charge Receivables means Receivables created in respect of periodic finance charges, late fees, returned check fees and all other similar fees and charges billed or accrued and unpaid on an Account.

  • Access Charge has the meaning set out in Clause 6.1;

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