Qualifying Modification definition

Qualifying Modification means a modification to the Operating Constraints in excess of their level as at 1 April 2019, which:
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Qualifying Modification means a modification to the Operating Constraints in excess of their level as at 1 April 2001, which:
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Qualifying Modification means a modification to the Operating Constraints in excess of their level as at 1 April 2019, which: exceeds the QM Threshold; and in respect of which a Contributing Train Operator has paid Network Rail Incremental Costs under paragraph 2.8 or its equivalent in the relevant access agreement;
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Examples of Qualifying Modification 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.

  • XXX may at any time issue criteria: specifying how the QM Threshold for any Qualifying Modification shall be determined, which may vary for different types of Qualifying Modification; and setting out any guidance in relation to the funding of modifications to the Operating Constraints.

  • If a reference for resolution is made under paragraph 2.8.11, the parties shall serve a written notice on the freight train operator benefiting from the Qualifying Modification: notifying such freight train operator of the referral for resolution; and giving to such freight train operator the opportunity to become a party to the proceedings in respect of such resolution.

  • The Train Operator shall, if it wishes to operate the Service requested under paragraph 2.8.7, pay to Network Rail a Qualifying Modification Benefit Charge of such amount as shall be determined to be reasonable by Network Rail using the criteria and guidance that are applicable to the Qualifying Modification Benefit Charge.

  • If the Train Operator disputes: the amount of any Qualifying Modification Benefit Charge payable by it under paragraph 2.8.8; or the amount of any rebate payable to it under paragraph 2.8.9, within 20 Working Days of the date of its receipt from Network Rail of details of the amount of the charge or rebate respectively, it shall be entitled to refer the matter for resolution in accordance with the ADRR.

  • Where: the Train Operator makes an Access Proposal, Rolled Over Access Proposal or Train Operator Variation Request; and the operation of the Service requested: would exceed the Operating Constraints applying as at 1 April 2019; and is permitted under the Operating Constraints applying as at the date of the request by reason of a Qualifying Modification, then paragraph 2.8.8 shall apply.

  • Where: the Train Operator makes an Access Proposal, Rolled Over Access Proposal or Train Operator Variation Request; and the operation of the Service requested: would exceed the Operating Constraints applying as at 1 April 2024; and is permitted under the Operating Constraints applying as at the date of the request by reason of a Qualifying Modification, then paragraph 2.8.8 shall apply.

  • This proposal reflects our assessment of key areas we believe are central to complying with GDB's Title VI Qualifying Modification post-closing obligations and culmination of GDB's financial and operational winddown pursuant to its certified fiscal plan.


More Definitions of Qualifying Modification

Qualifying Modification means a modification to the Operating Constraints in excess of their level as at 1 April 2024, which: exceeds the QM Threshold; and
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Qualifying Modification. ’ means a Modification pro-
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Related to Qualifying Modification

  • Significant Modification As defined in Section 3.25.

  • Major modification means any physical change in or change in the method of operation of a major stationary source that would result in a significant emissions increase of a regulated NSR pollutant and a significant net emissions increase of that pollutant from the major stationary source.

  • Substantial modification means modification of a relevant source that results in a significant increase in emissions, excluding any change in emissions resulting from by-product recovery. It shall be a matter for the Party to decide whether a modification is substantial or not;

  • Qualifying tax rate means the applicable tax rate for the taxable year for the which the taxpayer paid income tax to a municipal corporation with respect to any portion of the total amount of compensation the payment of which is deferred pursuant to a nonqualified deferred compensation plan. If different tax rates applied for different taxable years, then the “qualifying tax rate” is a weighted average of those different tax rates. The weighted average shall be based upon the tax paid to the municipal corporation each year with respect to the nonqualified deferred compensation plan.

  • Qualifying Transaction means a transaction where a CPC acquires Significant Assets, other than cash, by way of purchase, amalgamation, merger or arrangement with another Company or by other means.

  • Change in Control Transaction means the occurrence of any of the following events:

  • Change of Control Event means the occurrence of an event or series of events whereby one or more Persons, acting together, acquire control over the Issuer and where “control” means (a) acquiring or controlling, directly or indirectly, more than fifty (50.00) per cent. of the voting shares of the Issuer, or (b) the right to, directly or indirectly, appoint or remove the whole or a majority of the directors of the board of directors of the Issuer.

  • Section 409A Change in Control means a change in the ownership or effective control of the Company, or in the ownership of a substantial portion of the Company’s assets, as provided in Section 409A(a)(2)(A)(v) of the Code and Treasury Regulations Section 1.409A-3(i)(5) (without regard to any alternative definition thereunder).

  • Qualifying job means a permanent full-time job that: