Excluded Cashflows. (a) For the avoidance of doubt exclusions (i) all cash flows attributable to Relevant Period Excluded Assets and Relevant Period Excluded Liabilities (as determined in accordance with the methodology adopted under item 1.6 of the Funding and Distribution Policy, on the assumption that it applied from the Effective Date and all Relevant Period Assets and Relevant Period Liabilities are assets and liabilities of the JV Entities) and any other cash flows not attributable to Relevant Period Assets or Relevant Period Liabilities (as determined in accordance with the methodology adopted under item 1.6 of the Funding and Distribution Policy, on the assumption that it applied from the Effective Date and all Relevant Period Assets and Relevant Period Liabilities are assets and liabilities of the JV Entities) received or paid in that Month; (ii) all amounts received during that Month that relate to sales of iron ore invoiced to an Owner or its Related Corporations by an Other JV Participant pursuant to an arrangement referred to in clause 6.7 of the Joint Venture Agreement; and (iii) JV Formation Costs and any JV Implementation Costs, other than Approved JV Implementation Costs paid in that Month.
Appears in 4 contracts
Samples: Implementation Agreement (Rio Tinto LTD), Implementation Agreement (Rio Tinto LTD), Implementation Agreement (BHP Billiton PLC)