PRNV definition
Examples of PRNV in a sentence
In respect of any amount payable by the Pacific Road Entities collectively hereunder (whether on account of commissions, expenses, in respect of a claim made hereunder or otherwise), each of Fund A, Fund B and PRNV shall be severally liable for and required to pay only that percentage of such amount set out in the preceding sentence.
Any consent or other document to be delivered by Pacific Road hereunder must be executed by each of Fund A, Fund B and PRNV, and any notice to Pacific Road hereunder must be given to each of Fund A, Fund B and PRNV.
Notwithstanding the foregoing, one or more of Fund A, Fund B and PRNV may assign this agreement to another Person that is an affiliate (as defined in Section 1.3 of NI 45-106) of one or more of them, provided that the assigning party agrees to remain liable for its obligations herein and in such circumstances the parties, acting reasonably, will make such corresponding amendments to the Special Warrant Indenture as are needed to reflect such assignment(s).