Application of Cash Deposit Support. Where a cash deposit is made pursuant to item 1.1(a): (a) prior to, or contemporaneously with, the Owner Loan arising, the cash deposit must be applied by the Relevant Group Member to fund the Owner Loan; or (b) in subsequent reimbursement of an existing Owner Loan, the cash deposit can be dealt with at the Relevant Group Member’s discretion (again, for the avoidance of doubt, not being a Cash Flow under the Funding and Distribution Policy).
Appears in 4 contracts
Samples: Implementation Agreement (Rio Tinto LTD), Implementation Agreement (Rio Tinto LTD), Implementation Agreement (BHP Billiton PLC)
