Purchasing company definition

Purchasing company means a company engaged in the activity of selling property and services to affiliated entities.

Purchasing company means any entity into which the Company merges or that is purchased by it, provided that the Company is not the surviving company.

Purchasing company means a company engaged in the activity of facilitating the purchases of goods and services for affiliated entities.

Examples of Purchasing company in a sentence

• PURCHASING COMPANY PENSION PLAN: All transferred employees on an effective date who are eligible shall be enrolled on the hourly employee pension plan provided by the Purchasing Company without a waiting period.

• In addition thereto, the Purchasing Company employees shall receive as of the transfer date, seniority rights in the Selling Company terminals and shall maintain in these Selling Company terminals the seniority as it appears on the Purchasing Company seniority list.

• The said Purchasing Company contribution will earn interest compounded annually at the rate paid on pension contributions and in the event of the said ineligible employee becoming disabled prior to reaching normal retirement, he will receive by way of a cash settlement, a retirement allowance accruing to him on the date of disability, being the Purchasing Company's contribution as hereinbefore stated.

• Transferred employees who are not eligible and do not become eligible who remain in the employ of the Purchasing Company until normal retirement shall receive from the Purchasing Company a cash retirement allowance equivalent to the amount of money that the Purchasing Company would have contributed to the Purchasing Company’s pension plan on its behalf had the said employee been eligible to join the plan.

• In addition, thereto, the transferred employees shall be recognized on the seniority list of the Purchasing Company as having Purchasing Company seniority rights as of the transfer date, which seniority rights shall be ranked on this date on the same ranking as set forth in the Selling Company seniority list.

More Definitions of Purchasing company

Purchasing company means a person who purchases

Purchasing company means a company engaged in the activity of

Purchasing company shall have the meaning ascribed to it in Section 22.

Purchasing company means any Manager designated purchasing company which may or may not be an affiliate of Manager engaged in the business of providing purchasing services to Lounge, among others. If, at any time after the date of this Agreement (and from time to time during the Term hereof), Purchasing Company (or any successor thereof) implements any program whereby any owner of a Lounge managed by Manager receives an ownership interest, profit participation, rebate or other income (or similar benefit) in Purchasing Company (or any successor thereof) simply by virtue of being an owner of a Lounge managed by Manager, Manager shall notify PFIC of the same and PFIC shall promptly be entitled to receive such benefits as are afforded other Lounges managed by Manager on a non-discriminatory basis.

Purchasing company or "company" means a person or entity

Purchasing company means each entity listed under the column entitled “Purchaser” on Exhibit B attached hereto (collectively, the “Purchasing Companies”).

Purchasing company means any company or companies designated by Select from time to time, which may or may not be a Select Affiliate, to provide purchasing services to Select operated or managed Hyatt Place Hotels as described in Section 3.7.