Traction Electricity Modelled Default Rate Period definition

Traction Electricity Modelled Default Rate Period means the period from the date on which the New Modelled Train is first used on the Network by the Train Operator until the date on which the train in question has been added to Appendix 3 of this Schedule;
Traction Electricity Modelled Default Rate Period means the period from the date on which the New Modelled Train is first used on the Network by the Train Operator until the date on which ORR consents to or determines a supplement to the Traction Electricity Modelled Consumption Rates List under paragraph 9.10 of Part 2 in respect of that New Modelled Train or the train in question has been added to Appendix 7D of this Schedule;
Traction Electricity Modelled Default Rate Period means the period from the date on which the New Modelled Train is first used on the Network by the Train Operator until the date on which ORR consents to or determines a supplement to the Traction Electricity Modelled Consumption Rates List pursuant to paragraph 2.2.3A in respect of that New Modelled Train or the train in question has been added to Appendix 3 of this Schedule;”; (t) in the definition of “train category” delete “CP6” and replace it with “CP7”; (u) insert new definitionTrain Operator Cap” in alphabetical order as follows: ““Train Operator Cap” has the meaning ascribed to it in Schedule 8;”;(v) insert new definition “Train Operator Payment Rate” in alphabetical order as follows:

Examples of Traction Electricity Modelled Default Rate Period in a sentence

  • Where the Train Operator uses a New Modelled Train on the Network, Network Rail shall apply the Traction Electricity Modelled Default Rate in order to calculate the Traction Electricity Charge for the purposes of this paragraph, during the Traction Electricity Modelled Default Rate Period.


More Definitions of Traction Electricity Modelled Default Rate Period

Traction Electricity Modelled Default Rate Period means the period from the date on which the New Modelled Train is first used on the Network by the Train Operator until the date on which the train in question has been added to Appendix 7D of this Schedule;”;

Related to Traction Electricity Modelled Default Rate Period

  • Subsequent Reset Rate of Interest means, in respect of any Subsequent Reset Period and subject to Condition 4(b)(ii), the rate of interest determined by the Calculation Agent on the relevant Reset Determination Date as the sum of the relevant Mid-Swap Rate and the relevant Subsequent Margin.

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.