Common use of Annualised Terminal Infrastructure Charge (TICA) Clause in Contracts

Annualised Terminal Infrastructure Charge (TICA). If there is a Review Event after 1 July in a Financial Year, the annualised Terminal Infrastructure Charge (TICA) for that Financial Year will be calculated as follows:- in  TICi x RTPi   where: TIC A    ART  TICi is the Terminal Infrastructure Charge for each period "i" in the Financial Year calculated at Schedule 2, Part A, Section 2; RTPi is that part of the Reference Tonnage for all Access Holders with Reference Tonnage relating to each period "i" in the Financial Year (for example, if the Aggregate Reference Tonnage rate in period "i" is 50Mtpa and the period "i" is of 6 Months duration then RTPi would be 25 Mt); ART is the Aggregate Reference Tonnage for the Financial Year (for example, if there are two periods "i" in a Financial Year, each of 6 Months duration, and the Aggregate Reference Tonnage rate in each of the periods is 50 Mtpa and 60 Mtpa respectively, then the ART for the Financial Year would be 55Mt); and n is the number of periods "i" in the Financial Year. SCHEDULE 3 - SERVICES

Annualised Terminal Infrastructure Charge (TICA). If there is a Review Event after 1 July in a Financial Year, the annualised Terminal Infrastructure Charge (TICA) for that Financial Year will be calculated as follows:- TIC  in  TICi x RTPi   where: TIC A       ART  TICi is the relevant Terminal Infrastructure Charge for each period "i" in the Financial Year calculated at Schedule 2, Part A, Section 23; RTPi is that part of the Reference Tonnage for all Access Holders in respect of the relevant Terminal Component with Reference Tonnage relating to each period "i" in the Financial Year (for example, if the Aggregate Reference Tonnage rate in period "i" is 50Mtpa and the period "i" is of 6 Months duration then RTPi would be 25 Mt); ART is the Aggregate Reference Tonnage in respect of the relevant Terminal Component for the Financial Year (for example, if there are two periods "i" in a Financial Year, each of 6 Months duration, and the Aggregate Reference Tonnage rate in each of the periods is 50 Mtpa and 60 Mtpa respectively, then the ART for the Financial Year would be 55Mt); and n is the number of periods "i" in the Financial Year. SCHEDULE 3 - SERVICESSERVICES‌

Annualised Terminal Infrastructure Charge (TICA). If there is a Review Event after 1 July in a Financial Year, the annualised Terminal Infrastructure Charge (TICA) for that Financial Year will be calculated as follows:- in  i=n  TICi x RTPi     where: TIC A    TICA = ∑  ART   TICi is the Terminal Infrastructure Charge for each period "i" in the Financial Year calculated at Schedule 2, Part A, Section 2; RTPi is that part of the Reference Tonnage for all Access Holders with Reference Tonnage relating to each period "i" in the Financial Year (for example, if the Aggregate Reference Tonnage rate in period "i" is 50Mtpa and the period "i" is of 6 Months duration then RTPi would be 25 Mt); ART is the Aggregate Reference Tonnage for the Financial Year (for example, if there are two periods "i" in a Financial Year, each of 6 Months duration, and the Aggregate Reference Tonnage rate in each of the periods is 50 Mtpa and 60 Mtpa respectively, then the ART for the Financial Year would be 55Mt); and n is the number of periods "i" in the Financial Year. SCHEDULE 3 - SERVICES