Train Operator Cap definition

Train Operator Cap means the Train Operator Cap specified in Appendix 1 and in respect of the first and last Financial Year means the Train Operator Cap specified in Appendix 1 multiplied by the Adjustment Fraction, as adjusted under paragraphs 2.7.1 and 2.7.2 of Schedule 7 and paragraph 10.2 of this Schedule 8, expressed in pounds sterling and rounded to zero decimal places;
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Train Operator Cap has the meaning ascribed to it in Schedule 8;
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Train Operator Cap means the Train Operator Cap specified in Appendix 1, as adjusted under paragraph 2.7.2 of Schedule 7 and paragraph 10.2 of this Schedule 8, save that, in respect of the first and last Financial Year, the Train Operator Cap shall be that specified in Appendix 1 multiplied by the Adjustment Fraction;
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Examples of Train Operator Cap in a sentence

  • Train Operator Cap [to be agreed] Disruption Sum £2,375 CVL IM Payment Rate £21.38 per Minutes Delay to Services which are Attributable to the CVL IM.

  • In respect of any Financial Year, the Aggregate Net Liability of the Train Operator under this paragraph 9.1 shall not exceed the Train Operator Cap.

  • Train Operator Cap £[●] Disruption Sum £2,375 CVL IM Payment Rate £21.38 per Minutes Delay to Services which are Attributable to the CVL IM.

  • Train Operator Cap [REDACT] Disruption Sum £2,375 CVL IM Payment Rate £21.38 per Minutes Delay to Services which are Attributable to the CVL IM.

  • Any adjustment to the CVL IM Cap and/or the Train Operator Cap shall take effect only when it has been approved by XXX and, unless otherwise specified by XXX, any such adjustment shall take effect from 1 April in Financial Year t+1.

  • Promptly following any adjustment to the CVL IM Cap and/or the Train Operator Cap pursuant to this paragraph 10.2, and in order to give effect to that adjustment, CVL IM shall issue to the Train Operator a statement showing the necessary adjustments to: any invoices and credit notes already issued; and any payments already made in respect of Performance Sums, in each case relating to the Charging Periods in Financial Year t+1.

  • If, within 56 days of receipt by the Train Operator of the information and notice from CVL IM required to be provided pursuant to paragraph 10.2.2, the Train Operator and CVL IM reach agreement as to any adjustment to the CVL IM Cap and/or the Train Operator Cap, the parties shall notify XXX and shall provide XXX with such information and evidence as XXX shall require to determine whether or not to approve the proposed adjustment.

  • Train Operator Cap £[ to be agreed ][●] Disruption Sum £2,375 CVL IM Payment Rate £21.38 per Minutes Delay to Services which are Attributable to the CVL IM.

  • Train Operator Cap £[ to be agreed ] Disruption Sum £2,375 CVL IM Payment Rate £21.38 per Minutes Delay to Services which are Attributable to the CVL IM.

  • Train Operator Cap [To be determined] Disruption Sum [To be determined] CVL IM Payment Rate [To be determined] Per Minutes Delay to Services which are Attributable to the CVL IM.


More Definitions of Train Operator Cap

Train Operator Cap means £[●] and in respect of the first and last Financial Year means £[●], expressed in pounds sterling and rounded to zero decimal places; and
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Train Operator Cap means the Train Operator Cap specified in Appendix 1 and in respect of the first and last Financial Year means the Train Operator Cap specified in Appendix 1 multiplied by the Adjustment Fraction, as adjusted under paragraphs 2.7.1 and 2.7.2 of Schedule 7 and paragraph 10.2 of this Schedule 8, expressed in pounds sterling and rounded to zero decimal places;”
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Related to Train Operator Cap

  • train operator means any person who is authorised to act as the operator of a train by a licence under section 8 of the Railways Act 1993.

  • Generator Operator means the Person that Operates the Generating Facility and performs the functions of supplying electric energy and interconnected operations services within the meaning of the NERC Reliability Standards.

  • economic operator means any natural or legal person or public entity or group of such persons and/or entities, including any temporary association of undertakings, which offers the execution of works and/or a work, the supply of products or the provision of services on the market;

  • Class B operator means the individual who has day-to-day responsibility for implementing applicable regulatory requirements established by the department. The Class B operator typically implements in-field aspects of operation, maintenance, and associated record keeping for the UST systems.

  • Class C operator means the individual responsible for initially addressing emergencies presented by a spill or release from an UST system. The Class C operator typically controls or monitors the dispensing or sale of regulated substances.

  • Designated operational area means a geographic area designated by the combatant commander or subordinate joint force commander for the conduct or support of specified military operations.

  • economic operators means the manufacturer, the authorised representative, the importer and the distributor;

  • flight crew member means a licensed crew member charged with duties essential to the operation of an aircraft during a flight duty period;

  • Generator Forced Outage means an immediate reduction in output or capacity or removal from service, in whole or in part, of a generating unit by reason of an Emergency or threatened Emergency, unanticipated failure, or other cause beyond the control of the owner or operator of the facility, as specified in the relevant portions of the PJM Manuals. A reduction in output or removal from service of a generating unit in response to changes in market conditions shall not constitute a Generator Forced Outage.

  • Non-Operator means a party other than the operator;

  • Cannabis testing facility means an entity registered by

  • High voltage bus means the electrical circuit, including the coupling system for charging the REESS, that operates on a high voltage.

  • co-operative means a co-operative registered in terms of section 7 of Cooperatives Act, 2005 (Act No. 14 of 2005)

  • Diameter at Breast Height (DBH) means the diameter of a tree at 4 1/2 feet above the ground measured from the uphill side.

  • Enrollee point-of-service cost-sharing or "cost-sharing" means amounts paid to health carriers directly providing services, health care providers, or health care facilities by enrollees and may include copayments, coinsurance, or deductibles.

  • Generator Planned Outage means the scheduled removal from service, in whole or in part, of a generating unit for inspection, maintenance or repair with the approval of the Office of the Interconnection in accordance with the PJM Manuals.

  • Generator Owner means the Person that owns the Generating Facility and has registered with the NERC as the Person responsible for complying with all NERC Reliability Standards applicable to the owner of the Generating Facility.

  • Class A operator means the individual who has primary responsibility to operate and maintain the UST system in accordance with applicable requirements. The Class A operator typically manages resources and personnel, such as establishing work assignments, to achieve and maintain compliance with regulatory requirements under this chapter.

  • X-ray high-voltage generator means a device which transforms electrical energy from the potential supplied by the x-ray control to the tube operating potential. The device may also include means for transforming alternating current to direct current, filament transformers for the x-ray tube(s), high-voltage switches, electrical protective devices, and other appropriate elements.

  • Very high radiation area means an area, accessible to individuals, in which radiation levels from radiation sources external to the body could result in an individual receiving an absorbed dose in excess of 5 Gy (500 rad) in one hour at one meter from a source of radiation or one meter from any surface that the radiation penetrates.

  • Terminal operator means a person who owns, operates, or otherwise controls a terminal.

  • Non-Administrator Dialysis Facility means a Dialysis Facility which does not have an agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan but has been certified in accordance with the guidelines established by Medicare.

  • Storage operator means a person holding or applying for a permit.

  • Base Load Generation Resource means a Generation Capacity Resource that operates at least 90 percent of the hours that it is available to operate, as determined by the Office of the Interconnection in accordance with the PJM Manuals.

  • DRIVER / OPERATOR means an individual possessing sound mental and physical health who must be in possession of an appropriate professional Driving License and

  • Network Operator means the provider of the Network.