Define: Pass-Through Expense
Pass-Through Expense means a third party expense, mutually agreed by [Party A] and [Party B] to be paid directly by [Party A] without additional fees or rebates, managed by [Supplier].
Pass-Through Expense means a third party expense, mutually agreed by [Party A] and [Party B] to be paid directly by [Party A] without additional fees or rebates, managed by [Supplier].
Relevant Circumstances
- When a supplier incurs third-party costs that the customer reimburses without markup
- If approval is needed before pass-through expenses are charged on
- Where audit rights confirm pass-throughs are not being marked up
Relevant Sectors
- Trade & Commerce
- Legal Services
- Business Services