Calculation of the OMRC Sample Clauses

Calculation of the OMRC. ‌ The OMRC in Period p (being the basic charge for the minimum access package as provided in Schedule 2 of the Railways Regulations) shall be derived from the following formula: OMRCp = ∑AOMRCPTSGVP x NTTSGVP where: OMRCp means the OMRC in Period p; AOMRCPTSGVP means, in respect of each Service Group and Vehicle Category, the Adjusted OMRC Per Train in that Service Group and in respect of that Vehicle Category in Period p calculated as follows: AOMRCPTSGVP = ((OMRCASGV + OMRCBSGV) x OIp + OMRCCSGV) x CJTSGV where: OMRCASGV means the sum of OMRCA1SGV and OMRCA2SGV; OMRCA1SGV means, in respect of each Service Group and Vehicle Category, the variable DI Costs expressed as a figure per train per minute in that Service Group and in respect of that Vehicle Category, being the figure specified as such in column F of Part 2 of Schedule 4 to the Contract as the same may be varied pursuant to Part 3; OMRCA2SGV means, in respect of each Service Group and Vehicle Category, the avoidable DI Costs expressed as a figure per train per minute in that Service Group and in respect of that Vehicle Category, being the figure specified as such in column G of Part 2 of Schedule 4 to the Contract as the same may be varied pursuant to Part 3; OMRCBSGV means, in respect of each Service Group, the LTOP Costs expressed as figure per train per minute in that Service Group and in respect of that Vehicle Category, being the figure specified as such in column H of Part 2 of Schedule 4 to the Contract as the same may be varied pursuant to Part 3; OMRCCSGV means, in respect of each Service Group, the Pass Through Costs expressed as a figure per train per minute in that Service Group and in respect of that Vehicle Category, being the figure specified as such in column I of Part 2 of Schedule 4 to the Contract as the same shall be updated annually by HS1 Ltd pursuant to paragraph 3.4 and may be varied pursuant to Part 3; OIP means the indexation factor for OMRC in respect of each Period p as determined in accordance with paragraph 3.2; CJTSGV means in respect of each Service Group and Vehicle Category, the Chargeable Journey Time of the train in that Service Group and in respect of that Vehicle Category, as specified in column E of Part 2 of Schedule 4 to the Contract; NTTSGVP means, in respect of each Service Group and Vehicle Category, the number of Timetabled Passenger Trains and Spot Services in that Service Group and in respect of that Vehicle Category in Period p; and ∑ means the summa...
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Related to Calculation of the OMRC

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