PRF's Account definition
Examples of PRF's Account in a sentence
PRF shall be entitled to receive, in respect of the Royalty Interest, cash to be paid to PRF in respect of the Gross Products Payments that are received from time to time in PRF's Account or otherwise paid to PRF pursuant to Section 5.07.
Without in any way limiting the foregoing, any and all payments in respect of Gross Products Payments received by the Company shall be held in trust for the benefit of PRF and directed into PRF's Account within two (2) Business Days of the Company's receipt thereof or otherwise as directed in writing by PRF.