Adjusting Support to Reflect Changes in Participating Shares Clause Samples

Adjusting Support to Reflect Changes in Participating Shares. Where a Supporting Entity provides support in accordance with item 1 and subsequently has its Participating Share varied: (a) where its Participating Share has increased, it is required within 30 days to increase the support provided in accordance with this item 1 to reflect its new Participating Share; or (b) where its Participating Share has decreased, on the later of 30 days after the decrease or when all relevant Supporting Entity’s which contemporaneously increased their West Australian Iron Ore Production Joint Venture Agreement Participating Share have provided the required support in accordance with paragraph (a), the Relevant Group Member will: (i) in the case of an Owner Guarantee, promptly release and return a proportion of the Supporting Entity’s support for that Owner Guarantee reflecting the reduction in its Participating Share; and (ii) in the case of an Owner Loan, promptly return a proportion of the Supporting Entity’s interest (reflecting the reduction in 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). West Australian Iron Ore Production Joint Venture Agreement