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 2024, 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

  • 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.

  • 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.

  • 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.

  • 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 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.

  • In respect of each Charging Period, the Train Operator shall pay or procure payment of the Variable Charge, the Freight Capacity Charge (where applicable, for the Relevant Year ending 31 March 2019), the Traction Electricity Charge, the Electrification Asset Usage Charge, the Incremental Costs, the Incident Cap Access Charge Supplement and the Qualifying Modification Benefit Charge.

  • 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.

  • 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.


More Definitions of Qualifying Modification

Qualifying Modification means a modification to the Operating Constraints in excess of their level as at 1 April 2024, 5th SA which:
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Qualifying Modification. ’ means a Modification pro-
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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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Related to Qualifying Modification

  • Servicing Modification Any reduction of the interest rate on or the outstanding principal balance of a Mortgage Loan, any extension of the final maturity date of a Mortgage Loan, and any increase to the outstanding principal balance of a Mortgage Loan by adding to the Stated Principal Balance unpaid principal and interest and other amounts owing under the Mortgage Loan, in each case pursuant to a modification of a Mortgage Loan that is in default, or for which, in the judgment of the Master Servicer, default is reasonably foreseeable in accordance with Section 3.07(a).

  • Significant Modification means:

  • Required Modification shall have the meaning specified in Section 8.1 of the Facility Lease.

  • 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;