Back charge definition
Back charge means the amount of arrears in rent or other charges owed to the authority.
Back charge means a billing from Buyer to Seller for costs incurred (as, and under the circumstances, permitted under these Master Terms, giving effect to any applicable right to cure) by Buyer to perform (either itself or through engagement of third-parties of Buyer’s choosing) corrective action with respect to Goods and Services or any portion of the foregoing that malfunctions or otherwise fails to conform to the Specifications or other requirements of the Agreement.
Examples of Back charge in a sentence
A Modification or Supplemental Agreement is (I) a written addendum or amendment to the Contract signed by both Parties; or (2) a Back charge or Change Order.