Provident Energy Trust is structured to allow the flow of funds generated from oil and gas producing and energy infrastructure assets to the Trust and ultimately to the unitholders on a tax-effective basis. The oil and gas producing and energy infrastructure assets are held by wholly-owned subsidiaries of Provident Energy Trust. Under the terms of the Trust’s Indenture, subsidiaries are required to flow all of the cash flow generated by the oil and gas producing and energy infrastructure assets to the Trust, net of certain amounts retained to fund capital spending, bank debt repayments and contributions to the Reclamation Fund. Approximately 10-15 percent of the cash flow is retained for these purposes and the remainder is flowed to the Trust to be paid out as cash distributions to the unitholders.