Cooperative purchasing means procurement conducted by, or on behalf of, more than one public procurement unit.
Purchasing Member has the meaning set forth in Section 9.2(c).
State Purchasing Agent means the Director of the Purchasing Division of the General Services Department.
Approved purchasing system means a Contractor’s purchasing system that has been reviewed and approved in accordance with Part 44 of the Federal Acquisition Regulation (FAR)
Purchasing Entity means a state (as well as the District of Columbia and US territories), city, county, district, other political subdivision of a State, or a nonprofit organization under the laws of some states if authorized by a Participating Addendum, that issues a Purchase Order against the Master Agreement and becomes financially committed to the purchase.
Purchasing Agent means the head of the City’s Purchasing Division, or a designated contact person acting for him or at his direction.
Purchasing Party means a Party requesting or receiving a Service from the other Party under this Agreement.
Public purchasing body means the State or the subdivision or agency making a public purchase. Government Code Section 4550.
Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.
Purchasing CLO shall have the meaning set forth in Section 16.3(d) hereof.
Dynamic Purchasing System means a completely electronic process, which has a limited duration, for making commonly used purchases, as more particularly defined and described in the Public Contract Regulations 2015.
Purchasing Authority means the officer signing the acceptance of tender and shall include any officer who has authority to execute the relevant contract on behalf of the Purchaser.
Purchasing Banks as defined in subsection 10.5(d).
Purchasing cooperative means a group purchasing organization that governmental entities join as members and the managing en- tity of which receives fees from members or vendors.
Purchasing means the County of Eddy Purchasing Office or the Eddy County Purchasing Agent.
Purchasing Manager means the person duly authorized to enter into and administer Contracts and make written determinations with respect to the Contract or his or her designee.
Purchasing Lenders shall have the meaning set forth in Section 9.6(c).
Selling Institution The entity obligated to make payments to the Issuer under the terms of a Participation Interest.
Purchasing Division means the West Virginia Department of Administration, Purchasing Division.
Third Party Purchaser means any Person who, immediately prior to the contemplated transaction, (a) does not directly or indirectly own or have the right to acquire any outstanding Common Stock or (b) is not a Permitted Transferee of any Person who directly or indirectly owns or has the right to acquire any Common Stock.
Designated Purchaser shall have the meaning set forth in Section 1.2.
Disposing Member is defined in Section 4.1.
Defaulted Mortgage Loan Purchase Price means, in connection with the purchase of the A Notes by the Note B Holder, the sum, without duplication, of each of the following to the extent that such amounts have not been previously paid or reimbursed pursuant to Section 3 or Section 4 of this Agreement: (a) the Note A Principal Balance, (b) accrued and unpaid interest, on the Note A Principal Balance at the Note A Rate from the date as to which interest was last paid in full by Mortgage Loan Borrower up to and including the end of the interest accrual period relating to the Monthly Payment Date next following the date the purchase occurred, (c) any other amounts due under the Mortgage Loan to the Note A Holders, other than Prepayment Premiums, default interest, late fees, exit fees and any other similar fees, provided that if a Borrower Party is the purchaser, the Defaulted Mortgage Loan Purchase Price shall include Prepayment Premiums, default interest, late fees, exit fees and any other similar fees, (d) without duplication of amounts under clause (c), any unreimbursed Advances and any expenses incurred in enforcing the Mortgage Loan Documents (including, without limitation, Property Protection Advances payable or reimbursable to any Servicer, and special servicing fees incurred by or on behalf of the Note A Holders), (e) without duplication of amounts under clause (c), any accrued and unpaid Advance Interest Amount with respect to an Advance made by or on behalf of the Note A Holders, (f) (x) if a Borrower Party is the purchaser, or (y) if the Mortgage Loan is purchased more than ninety (90) days after such option first becomes exercisable pursuant to Section 12 of this Agreement, any liquidation or workout fees payable under the Servicing Agreement with respect to the Mortgage Loan and (g) any Recovered Costs not reimbursed previously to the Note A Holders pursuant to this Agreement. Notwithstanding the foregoing, if the purchasing Noteholder is purchasing from a Borrower Party, the Defaulted Mortgage Loan Purchase Price shall not include the amounts described under clauses (d) through (f) of this definition. If the Mortgage Loan is converted into a Foreclosure Property, for purposes of determining the Defaulted Mortgage Loan Purchase Price, interest will be deemed to continue to accrue on Note A at the Note A Default Rate as if the Mortgage Loan were not so converted. In no event shall the Defaulted Mortgage Loan Purchase Price include amounts due or payable to the Purchasing Noteholder under this Agreement.
Proposed Purchaser shall have the meaning set forth in Section 5.7(a).
Purchasing agency means any governmental body other than the chief procurement officers authorized by this code or by way of delegation from the chief procurement officers to enter into contracts.
Purchasing Card or “P-Card” means the corporate charge cards used by the Customer, as may be changed from time to time;