Train Operator Payment Rate means, in relation to delay caused to a Third Party User, the rate, expressed as pounds per TO Performance Minute, specified in Appendix 8A (as adjusted in accordance with paragraph 7), expressed in pounds sterling and rounded to two decimal places;
Train Operator Payment Rate means the Train Operator Payment Rate specified in Appendix 1, as adjusted under paragraphs 2.7.1 and 2.7.2 of Schedule 7; and
Train Operator Payment Rate has the meaning ascribed to it in Schedule 8;”;
Examples of Train Operator Payment Rate in a sentence
Train Operator Payment Rate £[To be determined] per Minutes Delay to Third Party Trains which are Attributable to the Train Operator.
More Definitions of Train Operator Payment Rate
Train Operator Payment Rate means the Train Operator Payment Rate specified in Appendix 1, as adjusted under paragraphs 2.7.1 and 2.7.2 of Schedule 7;
Train Operator Payment Rate means the Train Operator Payment Rate specified in Appendix 1, as adjusted under paragraphs 2.7.1 and 2.7.2 of Schedule 7; and "Train Operator Omission" means any failure of or defect in or damage to the CVL (excluding fair wear and tear) arising from:
Train Operator Payment Rate means the Train Operator Annual Cap specified in Appendix 8A, as adjusted in accordance with paragraph 7 and paragraph 8.2 of this Schedule 8, save that in respect of the first and last Financial Year, the Train Operator Annual Cap shall be that specified in Appendix 8A, multiplied by the Adjustment Fraction; means the Train Operator Benchmark in Minutes Delay per 100 Train Operator Miles in relation to each Period, as specified in Appendix 8A and adjusted in accordance with paragraph 8; means, in relation to delay caused to a Third Party User, the rate, expressed as pounds per TO Performance Minute, specified in Appendix 8A (as adjusted in accordance with paragraph 7);