Common use of Variable Usage Charge Clause in Contracts

Variable Usage Charge. For the purposes of paragraph 1, the term Vt means an amount in respect of the Variable Usage Charge in Relevant Year t which is derived from the following formula: = ∑ ● where:

Appears in 5 contracts

Sources: Track Access Contract, Track Access Contract, Track Access Contract

Variable Usage Charge. For the purposes of paragraph 1, the term Vt means an amount in respect of the Variable Usage Charge in for the Relevant Year t (including any light locomotive movements) which is derived from the following formula: = ∑ ● where:

Appears in 4 contracts

Sources: Track Access Contract, Track Access Contract, Track Access Agreement

Variable Usage Charge. For the purposes of paragraph 1, the term Vt means an amount in respect of the Variable Usage Charge in Relevant Year t which is derived from the following formula: = ∑ ● where:

Appears in 3 contracts

Sources: Track Access Contract, Track Access Contract (Passenger Services), Track Access Contract

Variable Usage Charge. For the purposes of paragraph 1, the term Vt means an amount in respect of the Variable Usage Charge in Relevant Year t which is derived from the following formula: = ∑ where:

Appears in 2 contracts

Sources: Track Access Contract, Track Access Contract