Examples of Electrification Asset Usage Charge in a sentence
Network Rail shall issue to the Train Operator an invoice as soon as practicable, or as otherwise agreed, following the expiry of each Charging Period in respect of the Variable Charge, the Traction Electricity Charge, the Electrification Asset Usage Charge, the Incident Cap Access Charge Supplement and any Incremental Costs or Qualifying Modification Benefit Charge which is or are payable in respect of that Charging Period.
In respect of each Charging Period, the Train Operator shall pay or procure payment of the Variable Charge, the Traction Electricity Charge, the Electrification Asset Usage Charge, the Incremental Costs, the Incident Cap Access Charge Supplement and the Qualifying Modification Benefit Charge.
The Train Operator will also pay to the CVL IM an Electrification Asset Usage Charge and a charge covering transmission losses incurred by the CVL IM, which in both cases will be apportioned between operators on a mileage basis.
Under Model A, the CVL IM will levy an Electrification Asset Usage Charge on the Train Operator.
For the purposes of paragraph 1, the term EAVt means an amount for electrification asset usage which is derived from the following formula: Electrification Asset Usage Charge = Σ EVtk .