Common use of Group Purchasing Clause in Contracts

Group Purchasing. Blackstone facilitates a group purchasing program, which harnesses the purchasing power of a large number of Blackstone’s private equity portfolio companies. BMP agrees to make available to the Company the opportunity to participate in Blackstone’s group purchasing program. Any such participation would be at the Company’s direction and on terms mutually agreed by the Company and BMP. Holdco and the Company acknowledge that BMP may receive commissions, payments or fees from vendors or other third parties in connection with spending through Blackstone’s group purchasing program.

Appears in 2 contracts

Samples: Support and Services Agreement (TaskUs, Inc.), Support and Services Agreement (TaskUs, Inc.)

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Group Purchasing. Blackstone facilitates a group purchasing program, which harnesses the purchasing power of a large number of Blackstone’s private equity portfolio companies. BMP agrees to make available to the Company Alight Parties and their respective subsidiaries the opportunity to participate in Blackstone’s group purchasing program. Any such participation would be at the Company’s direction and on terms mutually agreed by the Company Alight Parties and BMP. Holdco and the Company The Alight Parties acknowledge that BMP may receive commissions, payments or fees from vendors or other third parties in connection with spending through Blackstone’s group purchasing program.

Appears in 2 contracts

Samples: Support and Services Agreement (Alight Inc. / DE), Support and Services Agreement (Alight Inc. / DE)

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Group Purchasing. Blackstone facilitates a group purchasing program, which harnesses the purchasing power of a large number of Blackstone’s private equity portfolio companies. BMP agrees to make available to the Company New Gates Parties and their respective subsidiaries the opportunity to participate in Blackstone’s group purchasing program. Any such participation would be at the Company’s direction and on terms mutually agreed by the Company New Gates Parties and BMP. Holdco and the Company acknowledge that BMP may receive commissions, payments or fees from vendors or other third parties in connection with spending through Blackstone’s group purchasing program.

Appears in 2 contracts

Samples: Support and Services Agreement (Gates Industrial Corp PLC), Support and Services Agreement (Gates Industrial Corp PLC)

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