Track Charge definition

Track Charge means the Variable Usage Charge, Slot Charge, Cancellation Charge and where the context admits, Traction Electricity Charge and Electrification Asset Usage Charge;

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Track Charge means the Variable Usage Charge, Slot Charge, Cancellation Charge and where the context admits, Capacity Charge, Traction Electricity Charge and Electrification Asset Usage Charge;

Track Charge means the Variable Track Usage Charge, Slot Charge, Cancellation Charge and where the context admits, Traction Electricity Charge and Electrification Asset Usage Charge; “Train Consist Data” means the information relating to the number(s) and type(s) of railway vehicle comprised in a train movement; “Train Mile” in relation to a train, means a mile travelled by that train on the Network and includes loaded Train Miles and ECS Train Miles; and “Variable Charge Price List” means the variable charge price list in Table A of Appendix 7D; and “Variable Track Usage Charge” means a variable charge, calculated in accordance with paragraph 3.1 of Part 2.

Examples of Track Charge in a sentence

• The fixed track charge for each contract Year shall be £6,705 multiplied by the Fixed Track Charge Indexation calculated in accordance with paragraph 2.

• The Track Charge in each Charging Period shall be the sum of the Access Sum in respect of each Service in that Charging Period.

• The Fixed Track Charge Indexation for each contract Year shall be derived from the following formula: ) ● = (1 +(−1−2018) 2018 where: FTCIt means the Fixed Track Charge Indexation in contract Year t; CPIt-1 means the CPI published or determined with respect to the month of November in the calendar year in which contract Year t-1 commenced; and CPI2018 means the CPI published or determined with respect to the month of November 2018.

• The Fixed Track Charge Indexation in respect of the Relevant Year commencing on 1 April 2019 shall be derived from the following formula: 𝐹𝑇𝐶𝐼2019 = 𝐼𝑛𝑖𝑡𝑖𝑎𝑙 𝐼𝑛𝑑𝑒𝑥𝑎𝑡𝑖𝑜𝑛 𝐹𝑎𝑐𝑡𝑜𝑟 where: FTCI2019 means the Fixed Track Charge Indexation in respect of the Relevant Year commencing on 1 April 2019.

• It shall be a Change if there is any change in the Fixed Track Charge as a result of the transfer of the Transferring Services to West Coast Trains Limited.

• The Fixed Track Charge Indexation in respect of the Relevant Year commencing on 1 April 2019 shall be derived from the following formula: 2019 = ݊ℏݐℏ݈ ݊ݐℏ݋݊ ݐ݋ݎ where: FTCI2019 means the Fixed Track Charge Indexation in respect of the Relevant Year commencing on 1 April 2019.

More Definitions of Track Charge

Track Charge means the Variable Usage Charge, Slot Charge, Cancellation Charge and where the context admits, Capacity Charge, Traction Electricity Charge and Electrification Asset Usage Charge; “Track Usage Price List” means the document entitled “Track Usage Price List” published by Network Rail on or about 20 December 2013; “Traction Electricity Charge” means the charge calculated in accordance with paragraph 6 of Part 2; “Traction Electricity Consumption Rates List” means the document entitled “Traction Electricity Consumption Rates List” published by Network Rail on or about 20 December 2013 and specifying freight and passenger traction electricity consumption rates by category i; “train category” means train type i using the relevant Electricity Type (AC/DC); “Train Consist Data” means the information relating to the number(s) and type(s) of railway vehicle comprised in a train movement; “Train Mile” in relation to a train, means a mile travelled by that train on the Network and includes loaded Train Miles and ECS Train Miles; and “Variable Usage Charge” means a variable charge, calculated in accordance with paragraph 3.1 of Part 2.

Track Charge means the Variable Usage Charge, Slot Charge and Cancellation Charge; Deleted: which for the purposes of this contract, shall be deemed to incorporate any supplements to that document consented to or determined pursuant to this contract;