Incident Cap definition

Incident Capย in respect of each Financial Year, means the Incident Cap selected by the Train Operator in accordance with paragraph 11.1; "Incident Cap Notice" has the meaning ascribed to it in paragraph 11.1.2; "Initial Incident Cap Notice" has the meaning ascribed to it in paragraph 11.1.1;

Examples of Incident Cap in a sentence

  • For the purposes of determining the Indemnity Incident Cap under Clause 11.6.5, the applicable Contract Year shall be the Contract Year in which the relevant incident, event or circumstance begins to occur.

  • 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 Incident Cap Access Charge Supplement shall be calculated in accordance with the following formula: โ„Ž = ร— where: CMCP means the sum of the Contract Miles operated in a Charging Period; and ICACSR means the Incident Cap Access Charge Supplement Rate.

  • The Incident Cap Access Charge Supplement shall be calculated in accordance with the following formula: ๐ผ๐‘›๐‘๐‘–๐‘‘๐‘’๐‘›๐‘ก ๐ถ๐‘Ž๐‘ ๐ด๐‘๐‘๐‘’๐‘ ๐‘  ๐ถโ„Ž๐‘Ž๐‘Ÿ๐‘”๐‘’ ๐‘†๐‘ข๐‘๐‘๐‘™๐‘’๐‘š๐‘’๐‘›๐‘ก = ๐ถ๐‘€๐ถ๐‘ƒ ร— ๐ผ๐ถ๐ด๐ถ๐‘†๐‘… where: CMCP means the sum of the Contract Miles operated in a Charging Period; and ICACSR means the Incident Cap Access Charge Supplement Rate.

  • The Incident Cap Access Charge Supplement shall be calculated in accordance with the following formula: Incident Cap Access Charge Supplement = CMCP x ICACSR where: CMCP means the sum of the Contract Miles operated in a Charging Period; and ICACSR means the Incident Cap Access Charge Supplement Rate.

  • The Incident Cap Access Charge Supplement shall be calculated in accordance with the following formula: where: CMCP means the sum of the Contract Miles operated in a Charging Period; and ICACSR means the Incident Cap Access Charge Supplement Rate.

  • 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.

  • The Incident Cap Access Charge Supplement shall be calculated in accordance with the following formula: Incident Cae Access Cโ„Žarge Sueelenent = CMCP ร— ICACSR where: CMCP means the sum of the Contract Miles operated in a Charging Period; and ICACSR means the Incident Cap Access Charge Supplement Rate.

  • Subject to the Incident Cap, the Train Operatorโ€™s liability to the CVL IM in respect of all payments that may become due and payable under Schedule 8 in any Financial Year or part thereof, shall not be limited under this Agreement.

  • The CVL IM or its nominee 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 Track Charges and Incident Cap Access Charge Supplement (if applicable) which are payable in respect of that Charging Period.

Related to Incident Cap

  • Incident Commander means a member of Aurizon Networkโ€™s Staff who has been delegated responsibility for the direction and coordination of Aurizon Networkโ€™s, each relevant Operatorโ€™s and the Access Holderโ€™s resources in the performance of their respective roles and tasks at the site of an Incident, recording events during the course of an Incident and liaison with Authorities. Incorporated Provisions means each of the following provisions:

  • Incident command system means: (a) An all-hazards, on-scene functional management system that establishes common standards in organization, terminology, and procedures; provides a means (unified command) for the establishment of a common set of incident objectives and strategies during multiagency/multijurisdiction operations while maintaining individual agency/jurisdiction authority, responsibility, and accountability; and is a component of the national interagency incident management system; or (b) an equivalent and compatible all-hazards, on-scene functional management system.

  • Incidental sign means a small sign, emblem, or decal informing the public of goods, facilities or services available on the premises (e.g., a credit card sign or a sign indicating hours of business).

  • Covered Activities means those land uses and conservation and other activities described in Chapter 2.3 of the HCP/NCCP to be carried out by the Conservancy or its agents that may result in Authorized Take of Covered Species during the term of the HCP/NCCP, and that are otherwise lawful.

  • Incidental costs means expenses specified in a warranty incurred by a warranty holder and related to the failure of a vehicle protection product to perform as provided in the warranty. Incidental costs may include, but are not limited to, insurance policy deductibles, rental vehicle charges, the difference between the actual value of a stolen vehicle at the time of theft and the cost of a replacement vehicle, sales taxes, registration fees, transaction fees, and mechanical inspection fees.

  • Permitted Activities The primary activities of the trust created pursuant to this Agreement which shall be:

  • Service activities means activities in connection with the provision of personal, continuing services to shareholder accounts in the Shares; provided, however, that if the National Association of Securities Dealers, Inc. (โ€œNASDโ€) adopts a definition of โ€œservice feeโ€ for purposes of Section 2830(b)(9) of the NASD Conduct Rules or any successor provision that differs from the definition of โ€œservice activitiesโ€ hereunder, or if the NASD adopts a related interpretive position intended to define the same concept, the definition of โ€œservice activitiesโ€ in this paragraph shall be automatically amended, without further action of the parties, to conform to the then effective NASD definition. Overhead and other expenses related to โ€œdistribution activitiesโ€ or โ€œservice activities,โ€ including telephone and other communications expenses, may be included in the information regarding amounts expended for these activities.

  • continuous supply of services means a supply of services which is provided, or agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding three months with periodic payment obligations and includes supply of such services as the Government may, subject to such conditions, as it may, by notification, specify;

  • Incidental services means those services ancillary to the supply of the goods and services, such as transportation and insurance, and any other incidental services, such as installation, commissioning, provision of technical assistance, training and other such obligations of the vendor covered under the contract;

  • Principal activities means activities authorized by the license which are essential to achieving the purpose(s) for which the license was issued or amended. Storage during which no licensed material is accessed for use or disposal and activities incidental to decontamination or decommissioning are not principal activities.

  • Continuous monitoring means the collection and use of measurement data and other information to record the data inputs required to calculate the 365-day rolling average lifecycle GHG emissions, in accordance with the compliance monitoring plan described in section IV.C.

  • Covered Activity means any activity in which a Covered Person must be engaged when a Covered Accident occurs in order to be eligible for benefits under the Policy. These Covered Activities are listed in the Schedule of Benefits and described in the Hazards section of the Policy.

  • Funded Activities means the activities set out in the Grant Offer Letter and Annex 2 of these Conditions; General Data Protection Regulation and GDPR means the General Data Protection Regulation (EU) 2016/679; Grant means the sum or sums that DWP will pay to the Grant Recipient in accordance with clause 4 and subject to the provisions set out at clause 22.

  • Intrascholastic Activities means athletic or non-athletic/academic activities where students compete with students from within the same school.

  • Individual monitoring means the assessment of:

  • Incidental Expenses means those expenses incidental to the performance of construction pursuant to an Interconnection Construction Service Agreement, including, but not limited to, the expense of temporary construction power, telecommunications charges, Interconnected Transmission Owner expenses associated with, but not limited to, document preparation, design review, installation, monitoring, and construction-related operations and maintenance for the Customer Facility and for the Interconnection Facilities.

  • Cost of Services is FASCโ€™s total Operating Costs incurred in providing the applicable Category of Services during the month to all investment advisers for which FASC provides that Category of Services. โ€œAdviserโ€™s Assets under Managementโ€ is the total average assets under management for the month for all Accounts or portions thereof for which the Adviser acts as investment adviser or subadvisor and which utilize the Category of Services.

  • Interscholastic Activities means athletic or non-athletic/academic activities where students compete on a school vs. school basis.

  • Associated Costs means, in respect of each Preference Share, an amount (subject to a minimum of zero) equal to its pro rata share (calculated on the basis of the proportion of the aggregate number of Preference Shares outstanding as at the Early Preference Share Valuation Date) as determined by the Calculation Agent of:

  • Son or daughter on active duty or call to active duty status means the employee's biological, adopted, or foster child, stepchild, legal ward, or a child for whom the employee stood in loco parentis, who is on active duty or call to active duty status, and who is of any age.

  • Prohibited Activities has the meaning set forth in Section 13.1.

  • Notice and Administration Expenses means all costs, fees, and expenses incurred in connection with providing notice to the Settlement Class and the administration of the Settlement, including but not limited to: (i) providing notice of the proposed Settlement by mail, publication, and other means to Settlement Class Members; (ii) receiving and reviewing claims; (iii) applying the Plan of Allocation; (iv) communicating with Persons regarding the proposed Settlement and claims administration process; (v) distributing the proceeds of the Settlement; and (vi) fees related to the Escrow Account and investment of the Settlement Fund.

  • Passive NFFE means any NFFE that is not (i) an Active NFFE, or (ii) a withholding foreign partnership or withholding foreign trust pursuant to relevant U.S. Treasury Regulations.

  • Extracurricular activities means: a voluntary activity sponsored by the school or local education agency or an organization sanctioned by the local education agency. Extracurricular activities include, but are not limited to, preparation for and involvement in public performances, contests, athletic competitions, demonstrations, displays, and club activities.

  • Outside Activity means any private practice, private consulting, additional teaching or research, or other activity, compensated or uncompensated, which is not part of the employee's assigned duties and for which the University has provided no compensation.

  • Automobile Related Injury means bodily Injury sustained by a [Member] as a result of an accident: