Control Period 5 definition

Control Period 5 means the regulatory control period of Network Rail commencing on 1 April 2014 and expiring on 31 March 2019;
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Control Period 5 means the time period from 1 April 2014 to 31 March 2019;
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Examples of Control Period 5 in a sentence

  • What are the implications of the England and Wales High Level Output Specification and Statement of Funds Available for Control Period 5, published by the UK Government, for the development of integrated rail services in Wales?These documents provide a good opportunity, particularly in South Wales, for investment and development in the Welsh rail network.

  • Bidders shall take into account that the Franchisee will be expected to assist the industry, ORR and the Department in setting and aligning targets for any new regulatory performance measures that may be introduced in Control Period 5, or beyond that period.

  • More immediately, Network Rail has been set targets to improve performance by 2019; these are set out in detail within the Delivery Plan for Control Period 5 (2019 – 2024).

  • The VRC team have been involved in several previous Schedule 8 recalibrations, including the PR13 national recalibration for Control Period 5.

  • The Wessex Route Study references a Control Period 5 (2014-2019) scheme to make the Windsor Lines 10-car capable, including the Frimley Line, by May 2017 (although it should be noted that, at the time of writing, the delivery of all CP5 enhancement projects is currently under review).

  • This section sets out the current charging principles for access to the main rail network applicable for Control Period 5 (CP5) which applies from 1 April 2014 to 31 March 2019- as determined by the ORR in its Periodic Review 2013 Final Determination.

  • They are based on the charging arrangements for Control Period 5 (CP5), determined by the ORR and applicable from 1 April 2014 to 31 March 2019.Network Rail levies a range of track access charges on franchised passenger, open access passenger and freight railway undertakings.

  • The trajectory of these changes is to improve performance, monitored through the Public Performance Measure (PPM); the target is a PPM of 92.5 per cent for England, Wales and Scotland by the end of Control Period 5 (CP5).The performance objectives for the rail industry in CP6 are not yet established.

  • To achieve the objectives ECMA are developing a business case (to be published in summer 2014) that will be used as evidence by ECMA to inform the Government and the Rail Industry as to why the East Coast Main Line needs further and increased investment in railway Control Period 5 (2014 - 2019) and Control Period 6 (2019 - 2024) and beyond.

  • Network Rail has a key role in a complex industry, with responsibility for the safe operation, maintenance, renewal and, in co-operation with railway undertakings and funders, the development or enhancement of the national rail network.In March 2014 Network Rail published its Delivery Plan, which sets out how the company will deliver the outputs required in Control Period 5 (2014-2019).

Related to Control Period 5

  • Control Period means the period beginning May first of a year and ending on September thirtieth of the same year, inclusive.

  • Change of Control Period means the period commencing on the date hereof and ending on the third anniversary of the date hereof; provided, however, that commencing on the date one year after the date hereof, and on each annual anniversary of such date (such date and each annual anniversary thereof shall be hereinafter referred to as the "Renewal Date"), unless previously terminated, the Change of Control Period shall be automatically extended so as to terminate three years from such Renewal Date, unless at least 60 days prior to the Renewal Date the Company shall give notice to the Executive that the Change of Control Period shall not be so extended.

  • Change in Control Period means the period beginning three (3) months prior to a Change in Control and ending twelve (12) months following a Change in Control.

  • Potential Change in Control Period shall commence upon the occurrence of a Potential Change in Control and shall lapse upon the occurrence of a Change in Control or, if earlier (i) with respect to a Potential Change in Control occurring pursuant to Section 18.15(A), immediately upon the abandonment or termination of the applicable agreement, (ii) with respect to a Potential Change in Control occurring pursuant to Section 18.15(B), immediately upon a public announcement by the applicable party that such party has abandoned its intention to take or consider taking actions which if consummated would result in a Change in Control or (iii) with respect to a Potential Change in Control occurring pursuant to Section 18.15(C) or (D), upon the one year anniversary of the occurrence of a Potential Change in Control (or such earlier date as may be determined by the Board).

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Change in Control Protection Period means the period commencing on the date a Change in Control occurs and ending on the first anniversary of such date.

  • Change of Control Date means the date on which a Change of Control occurs.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Change in Control Date means the date on which a Change in Control occurs.

  • Stated Termination Date means, with respect to the Revolving Credit Facility, March 4, 2027 and, with respect to any Extended Revolving Credit Facility, the maturity date set forth in the Extension Agreement related thereto.

  • Scheduled Termination Date means July 9, 2021 or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.02.

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Control Performance Standard or “CPS” shall mean the reliability standard that sets the limits of a Balancing Authority’s Area Control Error over a specified time period.

  • transitional period means the period starting on the commencement date and ending three months after that date.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Period End Date The 15th day of each calendar month, with Adjustment. Fixed Rate: [ ]%. Fixed Rate Day Count Fraction: 30/360. Floating Amounts: Floating Rate Payer: [ ]. Floating Rate Payer Payment Dates: The 15th day of each calendar month commencing on [ ], subject to adjustment in accordance with the Following Business Day Convention.