Reference Tariff Sample Clauses
The Reference Tariff clause defines the standard rates or charges that apply to specific goods, services, or transactions under the agreement. Typically, it outlines how these tariffs are determined, such as by referencing a published schedule, regulatory authority, or industry benchmark, and may specify when and how updates to the tariff are implemented. This clause ensures transparency and predictability in pricing, reducing disputes by providing a clear basis for calculating charges throughout the contract term.
Reference Tariff. (i) The Reference Tariff is specific for each Contract Year in the Term as set forth in Table A and Table C of Schedule 6. For each Contract Year, the Reference Tariff is composed of two components:
(A) Reference Capacity Price; and
(B) Reference Energy Price.
(ii) From and after the Commercial Operations Date, the Capacity Payment and Energy Payment payable to the Company for Dependable Capacity and Net Energy Output, respectively, in any period, during the Term shall be calculated based on the Reference Capacity Price and the Reference Energy Price, as provided in this Section 13.1.
(iii) The Reference Capacity Price for each Contract Year is made up of two components:
(A) the reference non-escalable component (the “Reference Non-Escalable Capacity Price”); and
(B) the reference escalable component consisting of the reference foreign escalable capacity price (the “Reference Foreign Escalable Capacity Price”) and the reference local escalable capacity price (the “Reference Local Escalable Capacity Price”).
(iv) The Reference Energy Price is made up of two components:
(A) the reference variable operation and maintenance component consisting of the reference foreign variable operation and maintenance component (the “Reference Foreign Variable Operation and Maintenance Price”) and the local variable operation and maintenance component (the “Reference Local Foreign Variable Operation and Maintenance Price”) (together defined as the “Reference Variable Operation and Maintenance Price”); and
(B) the price payable by BPDB for 1 (one) kWh of Net Energy Output for the Gas or HFO consumed at the Guaranteed Net Flat Heat Rate for various Plant Factors (PFh) set out in Schedule 6.
(v) The Reference Non-Escalable Capacity Price, the Reference Foreign Escalable Capacity Price, the Reference Local Escalable Capacity Price, and the Reference Foreign Variable Operation and Maintenance Price, the Reference Local Variable Operation and Maintenance Price for each Contract Year are provided in Table A of Schedule 6.
Reference Tariff. (a) The Reference Tariff components are: Reference Tariff Component Reference Tariff ($) July 05 Revised Reference Tariff ($) July 07
(b) The First Escalation Date for the Revised Reference Tariff is 1 October 2007
Reference Tariff. The applicable Reference Tariff for a nominated Reference Train Service shall be assessed as: ⎛ AT × gtk ⎞+(AT ×rtp)+⎛ AT × ntk ⎞+(AT ×nt)+⎛ AT × egtk⎞+⎛EC× egtk⎞+(QCALevy × ⎠ ⎠ ⎠ ⎠ ⎝ ⎝ ⎝ ⎝ ⎜ 1 1000⎟ 2 ⎜ 3 1000⎟ 4 ⎜ 5 1000⎟ ⎜ 1000⎟ where: AT1 is the incremental maintenance tariff specified as AT1 for the nominated Reference Train Service in Clauses 5 to 8 of this Part B; AT2 is the incremental capacity tariff specified as AT2 for the nominated Reference Train Service in Clauses 5 to 8 of this Part B; AT3 is the allocative part of the Reference Tariff that is levied on a net tonne kilometre basis specified as AT3 for the nominated Reference Train Service in Clauses 5 to 8 of this Part B; AT4 is the allocative part of the Reference Tariff that is levied on a net tonne basis specified as AT4 for the nominated Reference Train Service in Clauses 5 to 8 of this Part B; AT5 is the electric access tariff that is levied on an egtk basis specified as AT5 for the nominated Reference Train Service in Clauses 5 to 8 of this Part B; gtk is the gross tonne kilometres attributed to the relevant Train Service, being the total gross weight (in tonnes) of the Rollingstock utilised in the relevant Train Service (including all goods, product, persons or matter carried) multiplied by the distance (in kilometres) travelled by the Train Service; rtp is the number of reference Train Paths used by the relevant Train Service where a Reference Train Service uses one reference Train Path; nt is the net tonnes attributed to the relevant Train Service, being the total gross weight (in tonnes) of the Rollingstock when loaded utilised in the relevant Train Service (including all goods, product, persons or matter carried) less the weight of such Rollingstock (in tonnes) when empty; ntk is the net tonne kilometres attributed to the relevant Train Service, being the nt for the Train Service multiplied by the distance (in kilometres) travelled by the Train Service; egtk is the electric gross tonne kilometres attributed to the relevant Train Service, being the gtk for the Train Service if that Train Service uses electric traction, and zero if the Train Service does not use electric traction; EC is the electric energy charge specified as EC for the nominated Reference Train Service in Clauses 5 to 8 of this Part B; and QCA ▇▇▇▇ is the fee allocated to the nominated Reference Train Service to cover the fees imposed by the QCA upon beneficiaries of its regulatory services specified in Clauses 5 t...
Reference Tariff. (i) The Reference Tariff is specific for the Term as set forth in Table A of Schedule 6. For each Commercial Contract Year, the Reference Tariff is composed of the Reference Energy Price.
(ii) From and after the Commercial Operations Date, the Energy Payment payable to the Company for Net Energy Output for each Month during the Term shall be calculated based on the Reference Energy Price, as provided in this Section 13.1 and Schedule 6.
(iii) The Reference Energy Price is made up of two components:
(A) the Reference Fuel Cost Component (“FCC”), and
(B) the Reference Non-Fuel Cost Component (“NFCC”).
Reference Tariff. 4.1 The applicable Reference Tariff for the nominated Reference Train Service shall be assessed as: ⎛ AT × gtk ⎞+(QCALevy × ⎜ 1 ⎟ ⎝ 1000⎠ where: AT1 is the variable part of the Reference Tariff that is levied on a gross tonne kilometre basis specified as AT1 for the nominated Reference Train Service in this Part C; gtk is the gross tonne kilometres attributed to the relevant Train Service, being the total gross weight (in tonnes) of the Rollingstock utilised in the relevant Train Service (including all goods, product, persons or matter carried) multiplied by the distance (in kilometres) travelled by the Train Service; nt is the net tonnes attributed to the relevant Train Service, being the total gross weight (in tonnes) of the Rollingstock when loaded utilised in the relevant Train Service (including all goods, product, persons or matter carried) less the weight of such Rollingstock (in tonnes) when empty; and QCA ▇▇▇▇ is the fee allocated to the nominated Reference Train Service to cover the fees imposed by the QCA upon beneficiaries of its regulatory services.
4.2 The amounts of AT1 and the QCA Levy specified in this Part C are GST exclusive. An amount for GST will be added to the total calculated Access Charge, in accordance with the provisions of the applicable Access Agreement, when an Access Holder is invoiced.
4.3 For the purposes of this Part C, a Train Service is a one way Train Service, that is, the journey from the Nominated Loading Facility to the Nominated Unloading Facility is one Train Service, and the return journey from the Nominated Unloading Facility to the Nominated Loading Facility is a second Train Service.
4.4 For the purposes of this Clause 4, the gtk measure shall be assessed for the relevant Train Service over the Billing Period for which the Reference Tariff is being calculated.
4.5 The amount of the Reference Tariff is:
(a) The Reference Tariff components (as at 1 July 2005) are:
(b) The First Escalation Date is 1 October 2005.
Reference Tariff. The Reference Tariff components are: Reference Tariff Component Reference Tariff ($) July 05 Revised Reference Tariff ($) July 07
Reference Tariff. (a) The Reference Tariff components (as at 1 July 2007) are:
(b) The First Escalation Date is 1 October 2007.
Reference Tariff. 3.1.1 The applicable Reference Tariff for a nominated Reference Train Service shall be assessed in accordance with the methodologies established in Clause 2 of Part B and Clause 4 of Part C.
Reference Tariff. The Reference Tariff components (as at 1 Jan 2009) are: