Variable Usage Charge definition

Variable Usage Charge means a variable charge, calculated in accordance with paragraph 3.1 of Part 2; and
Variable Usage Charge means a variable charge, calculated in accordance with
Variable Usage Charge means a variable charge, calculated in accordance with paragraph 3.1 of Part 2. Part 2 (Track Charges) For each Relevant Year, the CVL IM shall levy and the Train Operator shall pay Track Charges in accordance with the following formula: where: Tt means Track Charges for the Relevant Year t; Vt means an amount in respect of the Variable Usage Charge for the Relevant Year t which is derived from the formula in paragraph 3.1; St means an amount in respect of the Slot Charge for the Relevant Year t which is derived from the formula in paragraph 4.1 and Ct means an amount in respect of the Cancellation Charge (whether of a positive or negative value) for the Relevant Year t calculated in accordance with the provisions in paragraph 5.1.

Examples of Variable Usage Charge in a sentence

  • The reason for this is that the operating speed and operating weight of a freight vehicle can vary materially depending on the commodity type being transported and this is reflected in the Variable Usage Charge.

  • As such, the Variable Usage Charge reflects these characteristics.Passenger and freight variable usage charges are specified on a pence per vehicle mile and pound per thousand gross tonne mile basis respectively.

  • These charges may include:• Variable Usage Charge • Access Charge Supplements • Additional Charges (e.g. signal box opening outside normal hours).

  • The Variable Usage Charge is paid by franchised passenger, freight and open access passenger RUs.The Variable Usage Charge is largely based on a bottom-up analysis of our incremental costs.

  • This section discusses in detail the track access charges that Network Rail levies on franchised passenger, open access passenger and freight railway undertakings.The CP5 charges which are applicable from 1 April 2014 to 31 March 2019 can be found on the Network Rail access charges website.Variable Usage ChargeThe purpose of the Variable Usage Charge is to recover Network Rail’s operating, maintenance and renewal costs that vary with traffic.

  • These charges may include:• Variable Usage Charge • Access Charge Supplements • Additional Charges e.g.(for services requested for outside normal operating hours) • Electrification Asset Usage Charge (TBD) • Traction Electricity Charge (TBD).

  • The Variable Usage Charge is paid by franchised passenger, freight and open access passenger railway undertakings.The Variable Usage Charge is largely based on a bottom- up analysis of Network Rail’s incremental costs.

  • Similar to the City’s current rate structure, the recommended rates will include a Bi-monthly Service Charge, a Bi-monthly Infrastructure Charge, and a City Variable Usage Charge.

  • The Train Operator shall pay or procure the payment to Network Rail of: the Variable Usage Charge; the Traction Electricity Charge; not used; the Electrification Asset Usage Charge; the Slot Charge; the Cancellation Charge; and any other sums which have fallen due in accordance with any provision of this contract, attributable to any Period as invoiced by Network Rail on or after expiry of each such Period within 21 days of the invoice date or 28 days after the end of the Period, whichever is later.

  • The Variable Usage Charge is paid by franchised passenger, freight and open access passenger RUs. The Variable Usage Charge for passenger, freight and open access RUs on the CVL Network will be calculated and charged in a manner similar to the way Network Rail calculates and charges operators for track access on the Network Rail Network.


More Definitions of Variable Usage Charge

Variable Usage Charge means a variable charge calculated in accordance with paragraph Error! Reference source not found. of Error! Reference source not found.;
Variable Usage Charge means a variable charge, calculated in accordance with paragraph 3.13.1 ofPart 2;Part 2;

Related to Variable Usage Charge

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Late Charge shall have the meaning set forth in Section 13.09 hereof.

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

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.