Interpretation and Calculation Methodology Sample Clauses

Interpretation and Calculation Methodology. (a) All amounts in this Exhibit “A” shall be expressed in Canadian dollars. To the extent any amount contemplated in this Exhibit “A” is received or paid by any of the Elk Valley Entities in a currency other than Canadian dollars, for purposes of all calculations hereunder such amount shall be converted into Canadian dollars on the basis of the daily average foreign exchange rate most recently published by the Bank of Canada as at the date of the applicable payment or receipt of payment, as applicable. (b) Accounting terms not specifically defined in this Exhibit “A” are to be interpreted in accordance with IFRS. (c) Free Cash Flow shall be calculated on a consolidated basis and, for greater certainty, shall not include any amounts paid by any Elk Valley Entity to any other Elk Valley Entity or received by any Elk Valley Entity from any other Elk Valley Entity. (d) Free Cash Flow shall be calculated by the Corporation in good faith in a manner consistent with the methodology and sample calculations set out as Exhibit “1” to this Exhibit “A”.