Common use of Train Path TOP Charge Clause in Contracts

Train Path TOP Charge. Train Path TOP Charge is the sum of the total take or pay payments due under a Train Path Schedule in a Month calculated as follows: ∑ (Monthly GTKPZ xTOP PricePZ) for each specified Operator for each Pricing Zone spanned by the Train Path, (for example, for each Month in the first Contract Year, the Train Path TOP Charge will be the sum of the amounts specified in column 10 of the applicable tranches of Path Usages tables in clause 3 of the relevant Train Path Schedule) where: Monthly GTK PZ is the “Assumed Monthly GTK per PZ” for each specified Operator for each Pricing Zone as set out in column 8 of the applicable tranches of Path Usages tables in clause 3 of each Train Path Schedule for each Train Path; TOP PricePZ is the take or pay price for each specified Operator for each Train Path in each Pricing Zone (in c/GTK):

Train Path TOP Charge. Train Path TOP Charge is the sum of the total take or pay payments due under a Train Path Schedule in a Month calculated as follows: ∑ (Monthly GTKPZ xTOP PricePZ) for each specified Operator for each Pricing Zone spanned by the Train Path, (for example, for each Month in the first Contract Year, the Train Path TOP Charge will be the sum of the amounts specified in column 10 of the applicable tranches of Path Usages tables in clause 3 of the relevant Train Path Schedule) where: Monthly GTK PZ is the “Assumed TotalAssumed Monthly GTK per PZ” for the each specified Operator for each Pricing Zone as set out in column 8 of the clause 3.2 and clause 3.3the applicable tranches of the Train Path Usages tables in clause 3 of each Train Path Schedule for each Train Path; TOP PricePZ is the take or pay price for each theeach specified Operator for each Train Path in each Pricing Zone (in c/GTK):