Canadian Cash Sample Clauses

Canadian Cash. Subject to Section 2.1.5, whenever any Subsidiary of XPLR Operating LP that is organized under the laws of Canada or any Province thereof receives or otherwise holds cash (other than Reserved Cash), or whenever XPLR Operating LP receives or otherwise holds Canadian dollars, then to the extent and for so long as permitted by the Contracts for any third-party debt financing to which XPLR Operating LP or such Subsidiary is subject, a member of the Manager Group organized under the laws of Canada or any Province thereof shall be entitled to borrow and hold such cash for its own account (together with any borrowings made pursuant to Section 3.1.1, “Cash Sweep Withdrawals”) and to retain any earnings thereon received by such member of the Manager Group organized under the laws of Canada or any Province thereof, provided that ▇▇▇▇ shall cause such member of the Manager Group to repay all of such borrowed cash (excluding any such earnings) in time for XPLR Operating LP to make distributions to the holders of its common units representing limited partner interests or for such Subsidiary to distribute such cash to its parent company on the earliest date permitted by the terms of any applicable third-party debt financing, as otherwise may be demanded by XPLR Operating LP from time to time, or as otherwise required to comply with the Partnership Agreement.