Calculation of Construction Interest on the Capital Costs Sample Clauses

Calculation of Construction Interest on the Capital Costs. The Construction Interest on the Capital Costs is the amount calculated in accordance with the following formula:   t x 1 CCx  1 Rmth t  x1   CC  where: CI = The Construction Interest on the Capital Costs CC = The total Capital Costs incurred by the Trustee and Aurizon Network CCx = The part of the Capital Costs incurred by the Trustee and Aurizon Network in Month x R = The annual interest rate (expressed as a decimal) that the Access Regulator uses to capitalise interest on costs included in the Regulatory Asset Base for the Extension, which the Access Regulator may vary (at its sole discretion) from to time Rmth = (1+R)1/12 – 1 t = The number of Months from the date of the first CCx amount is incurred by the Trustee or Aurizon Network to the date the Capital Costs are included in the Regulatory Asset Base, provided that: (a) the Month in which the first CCx amount is incurred by the Trustee or Aurizon Network is counted as one Month (even if the date the first CCx amount is incurred is not the first day of the Month); and (b) the Month in which the Capital Costs are included in the Regulatory Asset Base is counted as one Month (even if the date the Capital Costs are included in the Regulatory Asset Base is not the last day of the relevant Month) x = Each month after the first CCx amount is incurred by the Trustee or Aurizon Network (expressed as a number, where x = 1 in the Month during which the first CCx amount is incurred by the Trustee or Aurizon Network and x = 2 in the Month immediately following the Month in which the first CCx amount is incurred by the Trustee or Aurizon Network, and so on)
Sample 1
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Calculation of Construction Interest on the Capital Costs.  The Construction Interest on the Capital Costs is the amount calculated in accordance with the following formula:   t x 1  where: CI = The Construction Interest on the Capital Costs CC = The total Capital Costs incurred by the Trustee and Aurizon Network CCx = The part of the Capital Costs incurred by the Trustee and Aurizon Network in Month x R = The annual interest rate (expressed as a decimal) that the Access Regulator uses to capitalise interest on costs included in the Regulatory Asset Base for the Extension, which the Access Regulator may vary (at its sole discretion) from to time Rmth = (1+R)1/12 – 1 t = The number of Months from the date of the first CCx CI   CCx  1 Rmth t  x 1   CC amount is incurred by the Trustee or Aurizon Network to the date the Capital Costs are included in the Regulatory Asset Base, provided that:
Sample 1
Calculation of Construction Interest on the Capital Costs. The Construction Interest on the Capital Costs is the amount calculated in accordance with the following formula: t    t  x 1   CI   x 1
Sample 1
Calculation of Construction Interest on the Capital Costs. The Construction Interest on the Capital Costs is the amount calculated in accordance with the following formula:  t t  x 1  CI  CCx  1 Rmth    CC  where: CI = The Construction Interest on the Capital Costs CC = The total Capital Costs incurred by the Trustee and Aurizon Network CCx = The part of the Capital Costs incurred by the Trustee and Aurizon Network in Month x R = The annual interest rate (expressed as a decimal) that the Access Regulator uses to capitalise interest on costs included in the Regulatory Asset Base for the Extension, which the Access Regulator may vary (at its sole discretion) from to time Rmth = (1+R)1/12 – 1 t = The number of Months from the date of the first CCx amount is incurred by the Trustee or Aurizon Network to the date the Capital Costs are included in the Regulatory Asset Base, provided that:
Sample 1

Related to Calculation of Construction Interest on the Capital Costs

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