Reference Tariff definition

Reference Tariff has the meaning given in the Access Undertaking.
Reference Tariff means an access charge (including any system premium) applicable to a specified Reference Train Service over a specified part of the Infrastructure as specified in QR Network’s Access Undertaking;

Examples of Reference Tariff in a sentence

  • Such Performance Linked Tariff shall not be higher than 15% over and above the indexed Reference Tariff for that relevant financial year (and this will be the Tariff Cap).

  • From the date of Commercial Operation (CoD) till 31st March of the same financial year, the tariff would be limited to the indexed Reference Tariff relevant to that year, which would be the ceiling.

  • Determination of indexed Reference Tariff and Performance Linked Tariff will follow the illustration shown in the Appendix attached to the tariff guidelines of 2013.

  • However, the Licensee would be free to propose a tariff along with Performance Standards (the “Performance Linked Tariff”) from the second year of operation onwards, over and above the indexed Reference Tariff for the relevant financial year, at least 90 days before the 1st April of the ensuing financial year.

  • The aforesaid Reference Tariff shall be automatically revised every year based on an indexation as provided in para 2.2 of the tariff guidelines of 2013 which will be applicable for the entire licence period.


More Definitions of Reference Tariff

Reference Tariff means a Tariff specified in an Access Arrangement as corresponding to a Reference Service and which has the operation that is described in sections 6.13 and 6.18.
Reference Tariff bears the meaning ascribed thereto in Section 1 of the Power Purchase Agreement;
Reference Tariff means an access charge applicable to a specified Reference Train Service over a specified part of the Infrastructure as specified in QR’s Access Undertaking;
Reference Tariff means the Reference Tariff described in Section 3.
Reference Tariff means a tariff, which relates to a Reference Service. “Regulator” means Relevant Regulator.