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 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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Train Operator Cap has the meaning ascribed to it in Schedule 8;
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Examples of Train Operator Cap in a sentence

  • Train Operator Cap [to be agreed] Disruption Sum £2,375 CVL IM Performance 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.

  • In this case, all but one of Holmes' schemes took place prior to April 24, 1996.

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

  • 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.

  • 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.

  • 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.

  • Notwithstanding any other provisions of this contract, in respect of any Financial Year, the Aggregate Net Liability of the Train Operator under this Schedule 8 shall not exceed the Train Operator Cap.

  • Kultura chápaná jako proces i výsledek duchovní činnosti, která lidem umožňuje chápat proměny nabývání zkušeností společnosti.

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


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

  • economic operator means any natural or legal person or public entity or group of such persons and/or entities 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 an individual designated by an UST system owner or operator as having control of or responsibility for the day-to-day operation and maintenance of the system. The Class B operator typically performs or ensures the performance of operation and maintenance activities at a UST facility, maintains records of those activities, and reports those activities to the department.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.