Terminal Infrastructure Charge (TIC. (a) Where no Review Event occurs after 1 July in a Financial Year, the Terminal Infrastructure Charge (TIC) in respect of a Terminal Component for that Financial Year, being a charge per tonne of Annual Contract Tonnage for the Terminal Component , will be calculated as follows:- where:- RC is the relevant Revenue Cap; and ART is the relevant Aggregate Reference Tonnage. (b) Where a Review Event occurs after 1 July in a Financial Year, the relevant Terminal Infrastructure Charge per tonne of Annual Contract Tonnage to apply for each period "i" in that Financial Year (TICi) shall be calculated as follows:- TIC = RCi where:- RCi is the relevant portion of the Revenue Cap to apply for period "i" to the Terminal Component in the Financial Year; and ARTi is the relevant portion of the Aggregate Reference Tonnage applying to the relevant period "i" to the Terminal Component in the Financial Year.
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Sources: User Agreement, User Agreement
Terminal Infrastructure Charge (TIC. (a) Where no Review Event occurs after 1 July in a Financial Year, the Terminal Infrastructure Charge (TIC) in respect of a Terminal Component for that Financial Year, being a charge per tonne of Annual Contract Tonnage for the Terminal Component , will be calculated as follows:- where:- RC is the relevant Revenue Cap; and ART is the relevant Aggregate Reference Tonnage.
(b) Where a Review Event occurs after 1 July in a Financial Year, the relevant Terminal Infrastructure Charge per tonne of Annual Contract Tonnage to apply for each period "i" in that Financial Year (TICi) shall be calculated as follows:- TIC = RCi where:- RCi is the relevant portion of the Revenue Cap to apply for period "i" to the Terminal Component in the Financial Year; and ARTi is the relevant portion of the Aggregate Reference Tonnage applying to the relevant period "i" to the Terminal Component in the Financial Year.
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Sources: User Agreement