Definition of PNRC Debt Share

  1. PNRC Debt Share means (a) 98% multiplied by (b) (1) the sum of 1,522,325 and 1,240,833 divided by (2) the sum of 1,240,833 and the number of MLP Common Units that are outstanding immediately after the Closing.

Definition of PNRC Debt Share in Purchase and Sale Agreement

PNRC Debt Share means (a) 98% multiplied by (b) (1) the sum of 1,522,325 and 1,240,833 divided by (2) the sum of 1,240,833 and the number of MLP Common Units that are outstanding immediately after the Closing.