bilateral modification

(redirected from Supplemental Agreement)
Also found in: Acronyms.

bilateral modification

An order or contract modification signed by both a contractor and the contracting officer.
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The remaining 50% of the purchase price will be paid when Webpro has achieved a specified volume of installed base which generates an increase in the company's future recurring income, according to terms and conditions which have been specified in more detail in the supplemental agreement.
The authority already uses some of the existing convenience fees--under the supplemental agreement to its basic interlocal agreement--to support its service desk staff, which led to a dramatic reduction in the time needed to address problems filers encountered.
may desire supplemental agreements to better facilitate our presence.
TNI BioTech, a biotechnology company pioneering the manufacturing and marketing of innovative therapies for autoimmune diseases in emerging nations, has signed a supplemental agreement with Hubei Qianjiang Pharmaceutical Co.
On a related note, MARC views positively the higher tolerance level for a failed dispatch instruction (FDI) event in the fourth supplemental agreement to the PPA, which took effect from August 2011, as this significantly lowers the risk of reduced capacity revenues stemming from FDIs.
Finally, under a one-year supplemental agreement, students in the ZSI will benefit from extended learning time and educators will have additional professional development days.
On this basis, the parties further agreed to a price reduction which was recorded in a supplemental agreement. This supplemental agreement varied the terms of the original agreement.
Under this supplemental agreement the payment of interest amounting to USD309,502, due on 23 December 2011, will be deferred until 23 December 2014 when the loan matures.
In 2006, the parties executed a supplemental agreement that granted Home Depot a no-cost license to use "the product collection taxonomy" as long as the contract remained in effect.
The agreement achieved a significant step forward toward congressional ratification after USTR and the Korean trade ministry coming to a supplemental agreement on autos on the Korea FTA at the end of 2010 in an attempt to assuage congressional Democrats who opposed all three pending FTAs.
Under the adjusted terms of this supplemental agreement, GCL-Poly will supply JA Solar with an aggregate of approximately 10GW of high quality polycrystalline wafers and polysilicon products for a five year period, from January 2011 to December 2015, at pre-determined shipment volume.
These talks were concluded on December 3, 2010 with a text that has been referred to as a "supplemental agreement" or "supplementary deal" to the 2007 Korea FTA.
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