Common use of AT&T CONNECTICUT Clause in Contracts

AT&T CONNECTICUT. shall promptly correct any billing error that is revealed in the audit, including making refund of any overpayment to WSP in the form of a credit on the invoice for the first full billing cycle after the audit report is issued; such refund shall include interest on the overpayment at the rate of eight percent (8%) per year. In the event that the audit reveals any underbilling and resulting underpayment to AT&T CONNECTICUT by WSP, the underpayment shall be reflected in WSP’s invoice for the first full billing cycle after the audit report is issued. AT&T CONNECTICUT will not be entitled to recover interest on any underbilling to WSP revealed by the audit for the time preceding the amount appearing on WSP's bill from AT&T CONNECTICUT, however, AT&T CONNECTICUT shall be entitled to recover interest at the interest rate referenced in Section 5.2.1 on such underbilling and WSP shall pay interest for the number of days from the Bill Due Date of the bill on which such underbilling was rectified until the date on which payment is made and available to AT&T CONNECTICUT.

Appears in 3 contracts

Samples: Cellular/PCS Interconnection Agreement, Cellular/PCS Interconnection Agreement, Cellular/PCS Interconnection Agreement

AutoNDA by SimpleDocs

AT&T CONNECTICUT. shall promptly correct any billing error that is revealed in the audit, including making refund of any overpayment to WSP CLEC in the form of a credit on the invoice for the first full billing cycle after the audit report is issued; such refund shall include interest on the overpayment at the rate of eight percent (8%) per year. In the event that the audit reveals any underbilling and resulting underpayment to AT&T CONNECTICUT by WSPCLEC, the underpayment shall be reflected in WSPCLEC’s invoice for the first full billing cycle after the audit report is issued. AT&T CONNECTICUT will not be entitled to recover interest on any underbilling to WSP CLEC revealed by the audit for the time preceding the amount appearing on WSP's bill XXXX'x xxxx from AT&T CONNECTICUT, however, AT&T CONNECTICUT shall be entitled to recover interest at the interest rate referenced in Section 5.2.1 10.1.5.1 on such underbilling and WSP CLEC shall pay interest for the number of calendar days from the Bill Due Date of the bill on which such underbilling was rectified until the date on which payment is made and available to AT&T CONNECTICUT.

Appears in 1 contract

Samples: Interconnection Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!