Fixed Track Charge definition

Fixed Track Charge means a fixed annual charge, calculated in accordance with paragraph 1 of Part 2;
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Fixed Track Charge means a fixed annual charge, calculated in accordance
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Examples of Fixed Track Charge in a sentence

  • The Train Operator shall pay or procure the payment to Network Rail of that part of the Fixed Track Charge attributable to any Period as invoiced by Network Rail on or after the expiry of each such Period within seven days of the invoice date or seven days after the end of the Period, whichever is later.

  • The Franchisee shall promptly inform the Secretary of State of any notification of the Fixed Track Charge Wash–Up (if any) applicable to any Franchisee Year pursuant to the Track Access Agreement, together with details or copies of such further records, information and/or documents as the Secretary of State may reasonably request.

  • In this paragraph 17, “ Fixed Track Charge Wash–Up” shall have the same meaning as in the Track Access Agreement.

  • It shall be a Change if there is any change in the Fixed Track Charge as a result of the transfer of the Transferring Services to West Coast Trains Limited.

  • The Train Operator shall pay or procure the payment to Network Rail of that part of the Fixed Track Charge attributable to any Period as invoiced by Network Rail on or after the expiry of each such Period within7 seven days of the invoice date or 7seven days after the end of the Period, whichever is later.

  • The Train Operator shall pay or procure the payment to Network Rail of that part of the Fixed Track Charge attributable to any Period as invoiced by Network Rail on or after the expiry of each such Period within 7 days of the invoice date or 7 days after the end of the Period, whichever is later.

  • The Fixed Track Charge Indexation in respect of the Relevant Year commencing on 1 April 2019 shall be derived from the following formula: 𝐹𝑇𝐶𝐼2019 = 𝐼𝑛𝑖𝑡𝑖𝑎𝑙 𝐼𝑛𝑑𝑒𝑥𝑎𝑡𝑖𝑜𝑛 𝐹𝑎𝑐𝑡𝑜𝑟 where: FTCI2019 means the Fixed Track Charge Indexation in respect of the Relevant Year commencing on 1 April 2019.

  • We welcome the fact that paragraph 2A of Part 2 of Schedule 7 confirms that our maximum downside financial exposure through the Fixed Track Charge Wash-up will be limited to 1% in each year of CP6.

  • When invoicing the Train Operator in respect of the Fixed Track Charge attributable to any Period, Network Rail shall deduct from the total amount payable under any such invoice that part of any amount in respect of RIEt and AGPt (each as defined in, and applied in the formula in, paragraph 1 of Part 2) attributable to such Period.

  • For the purposes of paragraph 1, the term Rt means an appropriate proportion of the determined amount of the aggregate Railway Safety Charge in respect of year t which shall be recovered from the Train Operator, such appropriate proportion to be calculated pro rata to the share attributed to the Train Operator of the aggregate total Fixed Track Charge for Relevant Year t.

Related to Fixed Track Charge

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • FIXED CHARGE PER MONTH means the fixed charge per month payable by company which is inclusive of depreciation, parking fee if applicable, all applicable taxes & duties including VAT, insurances, wages and other emoluments of Operator/Driver(s) / Helper(s) /Jugalees and other operation staff/crew excluding GST.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • RUNNING CHARGE PER KILOMETER means the rates payable against each KM run. and shall be deemed to include all the expenditures of the Transport Supplier viz., cost of fuel, tyre/tube, battery & consumables like lubricants etc. and other maintenance expenditures including accessories involved including GST element as applicable towards movement of the vehicle(s)/equipment.

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay

  • Monthly Recurring Charge or “MRC” shall mean the monthly recurring charges for the Service as set out in the Customer Order Form or COF;

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • Termination Charge means a charge levied when an unamortized balance remains and the Jurisdiction requests termination of Street Lighting Service. The charge is determined by costs of equipment, installation, removal, disposal, Capital Recovery Period, and Utility Financing Cost minus payments made to date for the specific fixtures.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • operating charge means any amount charged to a client by a registered firm in respect of the operation, transfer or termination of a client’s account and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Management Charge means the sum paid by the Supplier to the Authority being an amount of half (0.5) percent of all Charges for the Services invoiced to the Contracting Bodies (net of VAT) in each Month throughout the Term and thereafter until the expiry or earlier termination of any Call-Off Contract;

  • Access Charge has the meaning set out in Clause 6.1;

  • Default Management Charge has the meaning given to it in paragraph 6.2 of Framework Schedule 9 (Management Information);

  • Annual Service Charge as of any date means the maximum amount which is payable in any period for interest on, and original issue discount of, Debt of the Company and its Subsidiaries and the amount of dividends which are payable in respect of any Disqualified Stock.

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • development charge means a charge imposed pursuant to this By-law;

  • Monthly Charges means a finance carrying charge of **** and a storage and handling charge of ****, in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Market transition charge means a charge imposed pursuant to

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • Premium surcharge means a payment required from a subscriber, in addition to the subscriber's medical premium contribution, due to an enrollee's tobacco use or an enrolled subscriber's spouse or state registered domestic partner choosing not to enroll in their employer- based group medical when:

  • Adviser Charge : means the fee agreed with your financial adviser in remuneration for the personal recommendation received prior to submission of an Application Form.

  • Fixed Costs means costs which do not vary with consumption or volume produced;