Net Buyers definition
Net Buyers mean all APX Participants that, on a net basis and without regard to Short Payments owed to them, are entitled to refunds for APX Transactions during the Refund Period, as indicated in Exhibit B by the designation “NB”.
Examples of Net Buyers in a sentence
APX shall provide status reports of its efforts in this respect to the Net Buyers at no less than monthly intervals.
APX shall thereafter provide notice to the Parties of the amount and source of such funds received, and shall distribute all such funds to Net Buyers shown on Exhibit B on a pro rata basis within five (5) Business Days of receipt.