Calculation of Revised Maximum Payload Clause Samples

The "Calculation of Revised Maximum Payload" clause defines the method for determining any changes to the maximum payload that a vehicle or equipment can legally or safely carry under a contract. This clause typically outlines the factors that may necessitate a revision, such as regulatory updates, technical modifications, or operational requirements, and specifies the process for recalculating the payload limit, often involving technical assessments or mutual agreement between parties. Its core practical function is to ensure that payload limits remain accurate and compliant with current standards, thereby minimizing the risk of overloading, legal violations, or operational inefficiencies.
Calculation of Revised Maximum Payload. The Revised Maximum Payload for a Train Service Type is the amount (expressed as tonnes) calculated in accordance with the following formula: RMP = RNP x CF where: RMP = the Revised Maximum Payload for the Train Service Type (rounded to the nearest whole tonne) RNP = the Revised Nominal Payload for the Train Service Type as specified in the relevant Notice of Intention to Increase Nominal Tonnage CF = 1.02 (or such other conversion factor agreed between the Parties)
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Calculation of Revised Maximum Payload. The Revised Maximum Payload for an Affected Train Service Type is the amount which is the maximum Payload of the Train Services operated by the Defaulting Operator of the Relevant Rollingstock Configuration for the Train Service Type (rounded to the nearest whole tonne) which was the Relevant Rollingstock Configuration for the Train Service Type which was most used in the operation of Train Services for the Affected Train Service Type by the Defaulting Operator during the 12 month period ending on the Assessment Date.
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Calculation of Revised Maximum Payload. The Revised Maximum Payload for a Train Service Type operated by the Defaulting Operator is the amount (expressed as tonnes) calculated in accordance with the following formula: RMP = RNP x CF where: RMP = the Revised Maximum Payload for the Train Service Type operated by the Defaulting Operator (rounded to the nearest whole tonne) RNP = the Revised Nominal Payload for the Train Service Type operated by the Defaulting Operator CF = 1.02 (or such other conversion factor agreed between the Parties)
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Related to Calculation of Revised Maximum Payload

  • Treatment of Unallowable Costs Previously Submitted for Payment UT further agrees that, within 90 days of the Effective Date of this Agreement, it shall identify to applicable Medicare and TRICARE fiscal intermediaries, carriers, and/or contractors, and Medicaid and FEHBP fiscal agents, any Unallowable Costs (as defined in this Paragraph) included in payments previously sought from the United States, or any State Medicaid program, including, but not limited to, payments sought in any cost reports, cost statements, information reports, or payment requests already submitted by UT or any of its subsidiaries or affiliates, and shall request, and agree, that such cost reports, cost statements, information reports, or payment requests, even if already settled, be adjusted to account for the effect of the inclusion of the unallowable costs. UT agrees that the United States, at a minimum, shall be entitled to recoup from UT any overpayment plus applicable interest and penalties as a result of the inclusion of such Unallowable Costs on previously-submitted cost reports, information reports, cost statements, or requests for payment. Any payments due after the adjustments have been made shall be paid to the United States pursuant to the direction of the Department of Justice and/or the affected agencies. The United States reserves its rights to disagree with any calculations submitted by UT or any of its subsidiaries or affiliates on the effect of inclusion of Unallowable Costs (as defined in this Paragraph) on UT or any of its subsidiaries or affiliates’ cost reports, cost statements, or information reports.

  • Contract Term Adjustment “Contract Term Adjustment” means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection.