Traction Electricity Rate definition

Traction Electricity Rate means such amount (in £ per kWh) as Network Rail shall specify for the purpose of each Relevant Year as reflecting, as accurately as reasonably practicable, the actual cost to Network Rail of providing traction electricity to the Train Operator, and subject to the agreement of the Train Operator to those amounts, such agreement not to be unreasonably withheld or delayed;
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Traction Electricity Rate means, for each Service, such amount as Network Rail shall specify for the purpose of each Financial Year as reflecting, so far as reasonably practicable, the actual cost to Network Rail of providing traction electricity to the Train Operator, calculated using the consumption rates set out in the Traction Electricity Consumption Rates List and subject to:
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Traction Electricity Rate means, for each Service, suchthe amount as Network Rail shall specify for the purpose of each Financial Year as reflecting, so far as reasonably practicable, the actual cost to Network Rail of providing traction electricity to the Train Operator subject to: specified in the Traction Electricity Price List, (a) the agreement of the Train Operator that the calculations upon which such amount is based are accurate, such agreement not to be unreasonably withheld or delayed; and (b) the consent of ORR, as adjusted in accordance with paragraph 2.7.4;
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More Definitions of Traction Electricity Rate

Traction Electricity Rate means such amount (in £ per kWh) as Network Rail shall specify for the purpose of each Relevant Year as reflecting, as accurately as reasonably practicable, the actual cost to Network Rail of providing traction electricity to the Train Operator, and subject to the agreement of the Train Operator to those amounts, such agreement not to be unreasonably withheld or delayed;“Train Consist Data”means the information relating to the number(s) and type(s) of railway vehicle comprised in a train movement;“Train Mile”in relation to a train, means a mile travelled by that train on the Network and includes loaded Train Miles and ECS Train Miles;“Variable Usage Charge”means a variable charge, calculated in accordance with paragraph 3.1 of Part 2; and“Vehicle Mile”in relation to a railway vehicle, means a mile travelled by that vehicle on the Network.
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