The Fund has adopted a distribution policy pursuant to which the Fund will initially target to distribute annually $72 million of its annual available Distributable Cash and may use any remaining cash to invest in accretive capital investment opportunities, to increase cash distributions, to reduce debt levels (including to provide for additional flexibility to maintain cash distributions in periods where available Distributable Cash is less than the target distribution amount) and for general corporate purposes.
Monthly distributions are to be paid to Unit holders of record on the last business day of each calendar month or such other date as may be determined from time to time by the directors of Canexus and are to be paid generally on the 15th day of the following month.
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0.030
0.130
