Access Charge definition
Examples of Access Charge in a sentence
In respect of each Charging Period, the Train Operator shall pay or procure payment of the Variable Charge, the Traction Electricity Charge, the Electrification Asset Usage Charge, the Incremental Costs, the Incident Cap Access Charge Supplement and the Qualifying Modification Benefit Charge.
The Incident Cap Access Charge Supplement shall be calculated in accordance with the following formula: 𝐼𝑛𝑐𝑖𝑑𝑒𝑛𝑡 𝐶𝑎𝑝 𝐴𝑐𝑐𝑒𝑠𝑠 𝐶ℎ𝑎𝑟𝑔𝑒 𝑆𝑢𝑝𝑝𝑙𝑒𝑚𝑒𝑛𝑡 = 𝐶𝑀𝐶𝑃 × 𝐼𝐶𝐴𝐶𝑆𝑅 where: CMCP means the sum of the Contract Miles operated in a Charging Period; and ICACSR means the Incident Cap Access Charge Supplement Rate.
The Incident Cap Access Charge Supplement shall be calculated in accordance with the following formula: ℎ = × where: CMCP means the sum of the Contract Miles operated in a Charging Period; and ICACSR means the Incident Cap Access Charge Supplement Rate.
Should you be required by law to make any deduction or withholding, you will pay any additional sums as may be necessary in order that the net amount received by us after any deduction or withholding will equal the Access Charge.
We will notify you in advance of each Subsequent Period of the Access Charge payable for that Subsequent Period.