Common use of Annual Determination Clause in Contracts

Annual Determination. (a) For the Contract Year in which the Commencement Date occurs, the TOP PricePZ and Non-TOP PricePZ are set out in the relevant Train Path Schedule to the agreement. (b) For each subsequent Contract Year, the following process will be followed: (i) Before the start of each Contract Year:

Appears in 2 contracts

Sources: Access Holder Agreement, Access Holder Agreement

Annual Determination. (a) For the Contract Year in which the Commencement Date occurs, the TOP PricePZ and Non-TOP PricePZ are set out in the relevant Train Path Schedule to the agreement. (b) For each subsequent Contract Year, the following process will be followed: (i) Before the start of each Contract Year:

Appears in 1 contract

Sources: Access Holder Agreement