Common use of De Minimis Exemption Clause in Contracts

De Minimis Exemption. In the event the Traffic exchanged between the Parties is de minimis such that the minutes originated by the CMRS Carrier is less than 5000 minutes of use for a one-month period (Total Company, not per exchange), the Parties agree that the [LEC] shall calculate and render a “net xxxx” to Xxxxxx by applying the Traffic Ratio Factors to the total MOUs of Traffic originated by CMRS Carrier and terminated to ILEC. For example, if the LEC terminated 4,000 MOUs of Xxxxxx Traffic in a given month, the appropriate transport and termination compensation rate for that traffic was $.002, the interstate access rate was $.03 and the intrastate access rate was $.04, the net xxxx would be calculated as follows: ((4000 MOUs)*(.98)*($.002)) + ((4000 MOUs)*(.02)*(.6)*($.04)) + ((4000 MOUs)*(.02)*(.4)*($.03)) - ((4000 MOUs)*(30/70)*($.002)).

De Minimis Exemption. In the event the Traffic exchanged between the Parties is de minimis such that the minutes originated by the CMRS Carrier is less than 5000 minutes of use for a one-month period (Total Company, not per exchange), the Parties agree that the [LEC] shall calculate and render a “net xxxxbill” to Xxxxxx by applying the Traffic Ratio Factors to the total MOUs of Traffic originated by CMRS Carrier and terminated to ILEC. For example, if the LEC terminated 4,000 MOUs of Xxxxxx Traffic in a given month, the appropriate transport and termination compensation rate for that traffic was $.002, the interstate access rate was $.03 and the intrastate access rate was $.04, the net xxxx bill would be calculated as follows: ((4000 MOUs)*(.98)*($.002)) + ((4000 MOUs)*(.02)*(.6)*($.04)) + ((4000 MOUs)*(.02)*(.4)*($.03)) - ((4000 MOUs)*(30/70)*($.002)).