Equivalent Tariff definition

Equivalent Tariff means, in relation to a Service that is not a Reference Service, the Tariff that it is reasonably likely would have been set as the Reference Tariff had the Service been a Reference Service.
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Examples of Equivalent Tariff in a sentence

  • The economic and social potential of the islands can only be fully realised when reliable and sufficient transport links are in place between the islands and the mainland While the Comhairle welcomes the support of the Scottish Government in terms of subsidised ferry services and the sustained availability of Road Equivalent Tariff, there are significant capacity issues during peak periods which are constraining socioeconomic development.

  • Nothing in this Code prevents a User agreeing to pay the Service Provider a Charge which exceeds the Charge that would apply under a Reference Tariff for a Reference Service (or, in relation to another Service, under the Equivalent Tariff) in any circumstance including, without limitation, if the excess is paid in respect of the funding of a New Facility (in which case the extra payment is a Capital Contribution).

  • The Government has committed to rolling out a Road Equivalent Tariff (RET) across the entire network.

  • This seasonality has become more pronounced following the introduction of the Road Equivalent Tariff (RET).

  • With the introduction of Road Equivalent Tariff (RET) there has been an increase in both foot and vehicle travellers.

  • Its natural aesthetics, coupled with its proximity to Glasgow and Road Equivalent Tariff (RET) ferry service, has made Arran an extremely popular destination for tourists regionally and from abroad.

  • For example, Road Equivalent Tariff ferry fares, PSO air services and Scotrail train services.

  • There is strong demand for reduced ferry fares, with Road Equivalent Tariff (RET) on all services, and parity with Scottish mainland ferry fares.

  • Allan Comrie, Strathclyde Partnership for Transport (SPT), updated the Forum on how the issues raised in August’s meeting had been referred to the SCTSJC and they are acutely aware there is a potential discrepancy in the treatmentbetweenRoad Equivalent Tariff routes and other routes.

  • For example, the introduction of Road Equivalent Tariff aimed at equalising journey costs for island residents and business, has added to the level of public subsidy.

Related to Equivalent Tariff

  • DBRS Equivalent Rating means, with respect to any date and any Person with respect to whom DBRS does not maintain a public Relevant DBRS Rating as of such date,

  • Therapeutically equivalent drug products means drug products that contain the same active ingredients and are identical in strength or concentration, dosage form, and route of administration and that are classified as being therapeutically equivalent by the U.S. Food and Drug Administration pursuant to the definition of "therapeutically equivalent drug products" set forth in the most recent edition of the Approved Drug Products with Therapeutic Equivalence Evaluations, otherwise known as the "Orange Book."

  • Compounded Daily SOFR means, in relation to a Floating Rate Interest Period, the rate of return of a daily compound interest investment (with SOFR as reference rate for the calculation of interest) during the related Observation Period and will be calculated by the Calculation Agent on the related Interest Determination Date as follows: Where:

  • Aluminum equivalent means the thickness of type 1100 aluminum alloy affording the same attenuation, under specified conditions, as the material in question.

  • Equivalent residential unit means a dwelling, unit, or development that is equal

  • Relevant Benchmark means the Index, the Reference Interest Rate and any other index, benchmark or price source by reference to which principal or other amounts payable under the Securities is calculated.