Common use of Bill-and-Keep Arrangement Clause in Contracts

Bill-and-Keep Arrangement. A compensation arrangement whereby the Parties do not render bills to each other for the termination of Local Traffic specified in this Agreement and whereby the Parties terminate local exchange traffic originating from end-users served by the networks of the other Party without explicit charging among or between said carriers for such traffic exchange.

Bill-and-Keep Arrangement. A compensation arrangement whereby the Parties do not render bills to each other for the termination of Local Traffic specified in this Agreement and whereby the Parties terminate local exchange traffic originating from endEnd-users Users served by the networks of the other Party without explicit charging among or between said carriers for such traffic exchange.

Bill-and-Keep Arrangement. A compensation arrangement whereby the Parties do not render bills to each other for the transport and termination of Local Traffic specified in this Agreement and whereby the Parties terminate local exchange traffic originating from end-users served by the networks of the other Party without explicit charging among or between said carriers for such traffic exchange.

Bill-and-Keep Arrangement. A compensation arrangement whereby the Parties do not render bills to each other for the termination of Local Traffic specified in this Agreement and whereby the Parties terminate local exchange traffic originating from endEnd-users Users served by the networks of the other Party without explicit charging among or between said carriers for such traffic exchange. Business Day Monday through Friday, except for holidays on which the U.S. mail is not delivered.