Train Operator SPP Threshold definition

Train Operator SPP Threshold means £[TBC][footnoteRef:6] per Period (as indexed in accordance with paragraph 18.5); and [6: This value will be defined on a Train Operator by Train Operator basis.]

Examples of Train Operator SPP Threshold in a sentence

  • Review Appendices 1 and 2 to this Schedule 8 and the definitions of RfL(I) SPP Threshold and Train Operator SPP Threshold are the Matters Subject to Rebenchmarking.

  • Subject to Clause 11, the Train Operator shall indemnify RfL(I) against all Relevant Losses in accordance with this paragraph 18 if, and to the extent that, the Train Operator Performance Sums payable by the Train Operator in respect of any Period exceeds the relevant Train Operator SPP Threshold.

Related to Train Operator SPP Threshold

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