Prox Terms definition
Examples of Prox Terms in a sentence
Subject to the foregoing, the initial Prox Terms, Net Invoice Terms and BRC Terms to be offered to Accountholders under the Open Account Program and the BRC Program, respectively, are set forth in Schedule 6.3 hereto and are made a part hereof.
During the Term of this Agreement, Bank's responsibilities in conducting the Program include the following:Extend commercial credit to qualified customers of LESCO under the Prox Terms, the Net Invoice Terms, or the BRC Terms in accordance with this Agreement and the Accountholder Agreements; provided, that during the Interim Transition Period, such terms shall be modified as otherwise set forth herein.