Terminal Infrastructure Charge definition

Terminal Infrastructure Charge or "TIC" means the component of the Capital Charge (per tonne) payable on the Annual Contract Tonnage, calculated in accordance with Schedule 2, Part A, Section 3.
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Terminal Infrastructure Charge or "TIC" means the component of the Capital Charge (per tonne) payable on the Annual Contract Tonnage, calculated in accordance with Schedule 2, Part A, Section 2.3.
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Examples of Terminal Infrastructure Charge in a sentence

  • Where no Review Event occurs after 1 July in a Financial Year, the Additional Tonnage Amount (ATA) will be calculated as follows: where:- TIC is the relevant Terminal Infrastructure Charge for the Financial Year calculated at Schedule 2, Part A, Section 3; and AT is the Additional Tonnage for the Financial Year in respect of the relevant Terminal Component.

  • Where a Review Event occurs after 1 July in a Financial Year, the Excess Charge for the User (ECu) shall be calculated as follows:- where:- TICA is the annualised Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part B, Section 6; TSu is the actual tonnes of coal Shipped through the Terminal by the User during the Financial Year that are Reference Tonnage or Excess Tonnage; and RTu is the Reference Tonnage for the User for the Financial Year.

  • Where a Review Event occurs after 1 July in a Financial Year, the Additional Tonnage Amount (ATA) will be calculated as follows: where:- TICA is the relevant annualised Terminal Infrastructure Charge for the Financial Year calculated at Schedule 2, Part B, Section 12; and AT is the Additional Tonnage for the Financial Year in respect of the relevant Terminal Component.

  • Excess Charge (EC) Where no Review Event occurs after 1 July in a Financial Year, the Excess Charge for the User (ECu) shall be calculated as follows:- where:- TIC is the Terminal Infrastructure Charge for that Financial Year calculated at Schedule 2, Part A, Section 2; TSu is the actual tonnes of coal Shipped through the Terminal by the User during the Financial Year that are Reference Tonnage or Excess Tonnage; and RTu is the Reference Tonnage for the User for the Financial Year.

  • Where no Review Event occurs after 1 July in a Financial Year, the Terminal Infrastructure Charge (TIC) in respect of a Terminal Component for that Financial Year, being a charge per tonne of Annual Contract Tonnage for the Terminal Component, will be calculated as follows:- where:- RC is the relevant Revenue Cap; and ART is the relevant Aggregate Reference Tonnage.