KCRC System definition

KCRC System means: (a) the KCRC Railway from time to time; (b) the TSA Buses; and (c) the KCRC Related Businesses;
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KCRC System means: (a) the KCRC Railway from time to time; (b)
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Examples of KCRC System in a sentence

  • The applicable percentage will vary according to the amount of revenue generated from the KCRC System for each financial year as follows: for the first HK$2.5 billion of revenue generated from the KCRC System, the applicable percentage will be 0.0%; for the next HK$2.5 billion, the applicable percentage will be 10.0%; for the next HK$2.5 billion, the applicable percentage will be 15.0%; for revenue generated from the KCRC System above HK$7.5 billion, the applicable percentage will be 35.0%.

  • The applicable percentage will vary according to the amount of revenue generated from the KCRC System for each financial year as follows: for the first HK$2.5 billion of revenue generated from the KCRC System, the applicable percentage will be 0.0%; for the next HK$2.5 billion, the applicable percentage will be 10.0%; for the next HK$2.5 billion, the applicable percentage will be 15%; for revenue generated from the KCRC System above HK$7.5 billion, the applicable percentage will be 35.0%.

  • The applicable percentage will vary according to the amount of revenue from the KCRC System for the relevant financial year as follows: for the first HK$2.5 billion of revenue from the KCRC System, the applicable percentage will be 0.0%; for the next HK$2.5 billion, the applicable percentage will be 10.0%; for the next HK$2.5 billion, the applicable percentage will be 15.0%; for the revenue from the KCRC System above the first HK$7.5 billion, the applicable percentage will be 35.0%.

  • Such Variable Annual Payments will provide the Company with a certain degree of protection against the risks associated with future adverse changes in the KCRC System Revenue as the amount of the Variable Annual Payments will vary with the revenue attributable to the KCRC System.

  • As the key factors affecting the rail and related cashflows of MTRC and KCRC are similar, we believe it is reasonable to use an estimate of MTRC’s WACC as an approximation of the discount rate that reflects the risks associated with the Adjusted KCRC System Cashflows.

  • This relates to the challenge of developing and reusing inference models.

  • We have assumed: (i) a range of nominal growth rates of between 1.0% and 3.0% which are applied to the steady-state, pro-forma Year 4 cashflow for KCRC System of HK$530 million calculated in Table 2 above; and (ii) a WACC range of between 9.0% and 11.0%.

  • However, from a valuation standpoint, the Service Concession could be considered to be similar to an outright acquisition since the value to MTRC of any incremental cashflows generated by the KCRC System after year 50 will be minimal in present value terms.

  • The Company believes that the structure also offers some protection against future adverse changes in patronage and fares of the KCRC System as explained below.The payment structure of the rail component includes the Upfront Payments, the Fixed Annual Payments and the Variable Annual Payments for the Concession Period.

  • Breach of the MTR Ordinance or the Operating Agreement with respect to the Franchise relating to the KCRC System may potentially result in fines and/or, in an extreme case, revocation of the Franchise relating to the MTRC Services.

Related to KCRC System

  • SDX System means the system used by NERC to exchange system data.

  • Waterworks System or “system” means a system of pipes and structures through which water is obtained and distributed, including but not limited to wells and well structures, intakes and cribs, pumping stations, treatment plants, storage tanks, pipelines and appurtenances, or a combination thereof, actually used or intended for use for the purpose of furnishing water for drinking or household purposes.

  • MERS(R) System The system of recording transfers of Mortgages electronically maintained by MERS.

  • Electric System means all electrical wires, equipment, and other facilities owned or provided by the utility that are used to transmit electricity to customers.

  • 911 system means the set of network, database and customer premise equipment (CPE) components required to provide 911 service.

  • Electric System Upgrades means any Network Upgrades, Distribution Upgrades, or Interconnection Facilities that are determined to be necessary by the CAISO or Participating Transmission Owner, as applicable, to physically and electrically interconnect the Project to the Participating Transmission Owner’s electric system for receipt of Energy at the Point of Interconnection (as defined in the CAISO Tariff) if connecting to the CAISO Grid, or the Interconnection Point, if connecting to a part of the Participating TO’s electric system that is not part of the CAISO Grid.

  • SCADA System means the Supervisory Control and Data Acquisition System which is composed of all telemetering and remote terminal units (“RTU”) at the Facility and associated with the Grid System or BPDB’s Control Center;

  • Production System means a live SAP system used for running Licensee’s internal business operations and where Licensee’s data is recorded.

  • Water System means the plants, structures and other

  • Supplier System means the information and communications technology system used by the Supplier in performing the Services including the Software, the Equipment and related cabling (but excluding the Customer System);

  • Grid System means STU / MSEDCL power transmission system / distribution system through which Delivered Energy is evacuated and distributed.

  • X-ray system means an assemblage of components for the controlled production of x-rays. It includes minimally an x-ray high-voltage generator, an x-ray control, a tube housing assembly, a beam-limiting device, and the necessary supporting structures. Additional components which function with the system are considered integral parts of the system.

  • DTC System means the book-entry system of DTC.

  • Utility system means a water system, solid waste

  • Bulk Electric System shall have the meaning provided for in the NERC Glossary of Terms used in Reliability Standards, as it may be amended, supplemented, or restated from time to time.

  • Irrigation System means such major, medium and minor irrigation system for harnessing water for irrigation and other allied uses from Government source and includes reservoirs, open head channels, diversion systems, lift irrigation schemes, anicuts, tanks, wells and the like.

  • XXXXX System means the XXXXX filing system of the Commission and the rules and regulations pertaining thereto promulgated by the Commission in Regulation S-T under the Securities Act and the Exchange Act, in each case as the same may be amended or succeeded from time to time (and without regard to format).

  • Customer System means the Customer's computing environment (consisting of hardware, software and/or telecommunications networks or equipment) used by the Customer or the Supplier in connection with this Contract which is owned by or licensed to the Customer by a third party and which interfaces with the Supplier System or which is necessary for the Customer to receive the Services;

  • Integrated Services Digital Network (ISDN means a switched network service that provides end-to-end digital connectivity for the simultaneous transmission of voice and data. Basic Rate Interface-ISDN (BRI-ISDN) provides for a digital transmission of two (2) 64 Kbps bearer channels and one (1) 16 Kbps data channel (2B+D).

  • Leak-detection system means a system capable of detecting the failure of either the primary or secondary containment structure or the presence of a release of hazardous waste or accumulated liquid in the secondary containment structure. Such a system must employ operational controls (e.g., daily visual inspections for releases into the secondary containment system of aboveground tanks) or consist of an interstitial monitoring device designed to detect continuously and automatically the failure of the primary or secondary containment structure or the presence of a release of hazardous waste into the secondary containment structure.

  • Wastewater System means a system of wastewater collection, treatment,

  • Noncommunity water system means a public water system that is not a community water system.

  • E-Verify system means an Internet-based system operated by the United States Department of Homeland Security that allows participating employers to electronically verify the employment eligibility of newly hired employees; and

  • Technology Systems means the electronic data processing, information, record keeping, communications, telecommunications, hardware, third party software, networks, peripherals and computer systems, including any outsourced systems and processes, and Intellectual Property used by either party and its Subsidiaries or by a third party.

  • Stormwater system means constructed and natural features which function together as a system to collect, convey, channel, hold, inhibit, retain, detain, infiltrate, divert, treat, or filter stormwater. “Stormwater system” includes both public and privately owned features.

  • Carrier Access Billing System (“CABS”) is the system which is defined in a document prepared under the direction of the Billing Committee of the OBF. The CABS document is published by Telcordia in Volumes 1, 1A, 2, 3, 3A, 4 and 5 as Special Reports SR-OPT-001868, SR-OPT-0011869, SR-OPT-001871, SR-OPT- 001872, SR-OPT-001873, SR-OPT-001874, and SR-OPT-001875, respectively, and contains the recommended guidelines for the billing of access and other connectivity services. Sprint’s carrier access billing system is its Carrier Access Support System (CASS). CASS mirrors the requirements of CABS.