Traction Electricity Charge Adjustment definition

Traction Electricity Charge Adjustment means the adjustment to the Traction Electricity Charge as determined by HS1 Ltd in accordance with paragraph 4.8 of Part 2 of this Section 7;
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Traction Electricity Charge Adjustment means the adjustment to the EC4T as calculated in accordance with paragraph 5.4 of Part 2 of this Schedule 7. Part 2: Track Charges
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Traction Electricity Charge Adjustment means the adjustment to the Traction Electricity Charge as calculated in accordance with paragraph 4.2 of Part 2 of this Section 7;
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Examples of Traction Electricity Charge Adjustment in a sentence

  • In respect of all other Periods, the Traction Electricity Charge Adjustment shall be zero.

  • EAP = Et x (TACt – TRCt)TRCtwhere:EAp means the Traction Electricity Charge Adjustment in respect of Period p, charged in arrears following the end of a Relevant Year;Et is the sum of the values of Ep during Relevant Year t;TACt means the total actual cost of electricity to HS1 Ltd in respect of Relevant Year t other than electricity charges covered in OMRC;TRCt means the total cost of electricity recovered by HS1 Ltd in respect of Relevant Year t other than electricity charges covered in OMRC.

  • Within 90 days after the end of each Relevant Year t, HS1 Ltd shall calculate the Traction Electricity Charge Adjustment which, for the Period commencing after the expiry of such 90 day period, shall be derived from the formula set out below.

  • Notwithstanding paragraph 4.8, HS1 Ltd shall be entitled to calculate the Traction Electricity Charge Adjustment on an interim basis during the Relevant Year and HS1 Ltd and the train operators (including the Train Operator) shall make appropriate payments to reflect any such calculation.

  • The Traction Electricity Charge Adjustment shall be payable once each year only.


More Definitions of Traction Electricity Charge Adjustment

Traction Electricity Charge Adjustment means the adjustment to any Concession Payment for any Reporting Period to be calculated in accordance with paragraph 3.5 of Schedule 11.1 (Concession Payments) and made in accordance with 3.1 of Schedule 11.1;
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Related to Traction Electricity Charge Adjustment

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • Capacity Charge means a charge for public facilities in existence at the time a charge is imposed or charges for new public facilities to be acquired or constructed in the future that are of proportional benefit to the person or property being charged, including supply or capacity contracts for rights or entitlements, real property interests, and entitlements and other rights of the local agency involving capital expense relating to its use of existing or new public facilities. A “capacity charge” does not include a commodity charge.

  • Engineer-In-Charge (EIC means the Engineer officer authorised to direct, supervise and be In-charge of the works for the purpose of this contract who shall supervise and be in charge of the work.

  • NERC Interchange Distribution Calculator means the NERC mechanism that is in effect and being used to calculate the distribution of energy, over specific transmission interfaces, from energy transactions.

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • RUNNING CHARGE PER KILOMETER means the rates payable against each KM run. and shall be deemed to include all the expenditures of the Transport Supplier viz., cost of fuel, tyre/tube, battery & consumables like lubricants etc. and other maintenance expenditures including accessories involved including GST element as applicable towards movement of the vehicle(s)/equipment.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Delivery Charge means the total amount charged to the Authorized User for shipment of the Vehicle(s) from the Delivery Origin to the location(s) designated by the Authorized User on Form A: Mini-Bid Request, and on the Purchase Order.

  • Installation Charges means those Charges set out in the Order in relation to installation of the Service and/or any Purchased Equipment, Customer Equipment and/or BT Equipment as applicable.

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

  • Delivery charges means charges by the seller for preparation and delivery to a location designated by the purchaser of tangible personal property or services. Delivery charges include, but are not limited to, transportation, shipping, postage, handling, crating, and packing. Beginning September 1, 2004, delivery charges do not include the charges for delivery of direct mail if the charges are separately stated on an invoice or similar billing document given to the purchaser. If a shipment includes both exempt property and taxable property, the seller shall allocate the delivery charge using 1 of the following methods:

  • Billing Adjustment Credit To provide Customer the benefit of the rates and discounts in the Amendment as of the Effective Date and until such rates and discounts are implemented, the Company shall provide Customer with a one-time billing adjustment credit equal to $50,378.70, plus applicable taxes and surcharges. This credit shall compensate Customer for the difference between the Tariff/Guide/list rates invoiced during the 1st full billing cycle following Customer's signature date above and the rates and discounts in this Agreement.

  • Required Reserve Factor Floor means, for any Calculation Period, the sum (expressed as a percentage) of (a) 12.5% plus (b) the product of the Adjusted Dilution Ratio and the Dilution Horizon Ratio, in each case, as of the most recent Cut-Off Date.

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Monthly Minimum Removal Efficiency means the minimum reduction in the pollutant parameter specified when the effluent average monthly concentration for that parameter is compared to the influent average monthly concentration.

  • Penalty Charge Notice means a notice described in Section 78 of the 2004 Act having effect as if issued or served by a Civil Enforcement Officer or posted by the enforcement authority under any regulations for the time being in force under Section 78 of the 2004 Act.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • True-Up Adjustment means any Semi-Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Resource Substitution Charge means a charge assessed on Capacity Market Buyers in an Incremental Auction to recover the cost of replacement Capacity Resources.

  • Declared Monthly Consumption means the Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;