CV Payment definition
CV Payment means pro rata interest of each Shareholder in the Assigned Property, on the terms and conditions governed by the CV Agreement;
CV Payment means a contingent value payment entitling each Shareholder as of the Effective Date to its pro rata share of any amount received by NewCo in respect of the deposit under the purchase and sale agreement between Pengrowth and Grand Valley Resources Corp. dated March 17, 2017, on the terms and conditions governed by the CV Agreement;