Monetization Vehicle definition
Monetization Vehicle means a mutual fund trust, general partnership, limited partnership or other person:
Monetization Vehicle shall include (A) a Subsidiary of a Monetization Vehicle or (B) a partnership or other person, including Subsidiaries thereof, owned jointly by a Monetization Vehicle and its Subsidiaries and by Nexen and its Subsidiaries, in each case, provided (x) Nexen and its Restricted Subsidiaries have no obligation, in excess of U.S.$5,000,000 in any calendar year, to purchase any Petroleum Substances, chemicals or other products or inventory therefrom and Nexen and its Restricted Subsidiaries have no obligation, in excess of U.S.$5,000,000 in any calendar year, to sell or provide any services (other than in connection with administrative, operating, management, marketing and other similar services which Nexen or its Restricted Subsidiaries agree to provide thereto) or Petroleum Substances, chemicals or other products or inventory thereto and (y) Nexen and its Restricted Subsidiaries have not guaranteed or otherwise become liable for or contingently liable for any obligations of such Subsidiary, partnership or other person, or Subsidiaries thereof, other than Monetization Costs and Liabilities.