Common use of Fourth Priority Clause in Contracts

Fourth Priority. Repayment of VAT Support (in the event that VAT Support is required in accordance with the Credit Documents); with such payments to MMC, FI, MC and NMM being paid on a pro-rata basis based on the amounts of VAT Support provided by each.

Appears in 3 contracts

Sources: Joint Venture and Shareholders Agreement, Joint Venture and Shareholders Agreement (Freeport McMoran Copper & Gold Inc), Joint Venture and Shareholders Agreement (Freeport McMoran Copper & Gold Inc)