Common use of Traction Electricity Charge Clause in Contracts

Traction Electricity Charge. 4.1 For the purposes of paragraph 1, the term Et means an amount in respect of the Traction Electricity Charge in Relevant Year t, which is derived from the following formula: = + + + where: Etmo means an amount calculated in accordance with paragraph 4.1.2 below; Etme means an amount calculated in accordance with paragraph 4.1.3 below; EtmuAC means an amount calculated in accordance with paragraph 4.1.4(a) below; and EtmuDC means an amount calculated in accordance with paragraph 4.1.4(b) below. Circumstances in which calculation to be based on modelled data and circumstances in which calculation to be based on metered data

Appears in 3 contracts

Samples: www.orr.gov.uk, www.orr.gov.uk, www.orr.gov.uk

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Traction Electricity Charge. 4.1 For the purposes of paragraph 11 of this Part 2, the term Et means an amount in respect of the Traction Electricity Charge in Relevant Year t, which is derived from the following formula: 𝐸𝑑 = πΈπ‘‘π‘šπ‘œ + πΈπ‘‘π‘šπ‘’ + + πΈπ‘‘π‘šπ‘’π΄πΆ where: Etmo means an amount calculated in accordance with paragraph 4.1.2 below; Etme means an amount calculated in accordance with paragraph 4.1.3 below; and EtmuAC means an amount calculated in accordance with paragraph 4.1.4(a) below; and EtmuDC means an amount calculated in accordance with paragraph 4.1.4(b) 4.1.4 below. Circumstances in which calculation to be based on modelled data and circumstances in which calculation to be based on metered data

Appears in 2 contracts

Samples: Supplemental Agreement, www.orr.gov.uk

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