Common use of Release of Support Clause in Contracts

Release of Support. Where the relevant Owner Loan or Owner Guarantee provided by a Relevant Group Member is cancelled, released or reduced the Relevant Group Member will: (a) in the case of an Owner Guarantee, promptly release and return all, or the relevant part of, the Supporting Entity’s support for that Owner Guarantee; and (b) in the case of an Owner Loan, promptly return the Supporting Entity’s proportionate interest (commensurate with its participating Share) of the undrawn amount of that Owner Loan (if any) (again, for the avoidance of doubt, not being a Cash Flow under the Funding and Distribution Policy).