Frontier Network. Pursuant to a Telecommunications Services ---------------- Agreement, dated September 24, 1998 (the "Frontier Agreement"), by and between IDT and Frontier Communications of the West, Inc. ("Frontier"), IDT has an indefeasible right to use a certain telecommunication network as it is completed and delivered pursuant to the terms and conditions set forth in the Frontier Agreement. IDT hereby grants and conveys to Net2Phone an indefeasible right to use and enjoy, to the extent of IDT's rights therein, those parts of such telecommunication network which are described on Exhibit B --------- hereto (the "Frontier Network"), such grant and conveyance to be effective, with respect to those parts of the Frontier Network which have already been completed and delivered, on the date hereof and, with respect to any part of the Frontier Network which has not yet been completed and delivered, on the date such part of the Frontier Network is completed and delivered. The foregoing grant and conveyance with respect to the Frontier Network shall terminate upon the expiration of the Frontier Agreement, in accordance with its terms; provided, -------- however, Net2Phone shall have the right to request an earlier termination of ------- such grant and conveyance, in whole or in part, which request shall be granted by IDT solely in the event that Frontier agrees to amend the Frontier Agreement to permit a termination of IDT's corresponding obligations under the Frontier Agreement and that Net2Phone pays all costs and expenses incurred to secure Frontier's consent to such amendment. Net2Phone hereby agrees it shall perform all obligations reasonably required of it by IDT and shall do nothing whatsoever in violation of the Frontier Agreement. It is expressly understood that IDT remains the primary party with respect to the Frontier Agreement and retains all obligations to pay maintenance and/or usage fees in connection therewith.
Frontier Network. Pursuant to the Frontier Agreement, IDT must ---------------- pay Frontier certain non-recurring charges for the installation of the Frontier network, some of which IDT has already paid Frontier and the remainder of which IDT will pay Frontier as the network is completed and delivered. Upon the completion and delivery of each circuit set forth on Exhibit B, Net2Phone shall --------- pay to IDT an amount equal to the non-recurring charge with respect to such circuit (as set forth on Exhibit B) plus 10%, such amount to be paid with --------- interest at 9% per annum in sixty (60) equal monthly installments commencing thirty (30) days following the completion and delivery of such circuit. Upon the completion and delivery of all of the circuits set forth on Exhibit B, the --------- amount payable by Net2Phone with respect to the non-recurring charges for the individual circuits shall be aggregated and the payments restructured so that such aggregate outstanding amount shall be paid, with interest at 9% per annum, in equal monthly payments during the Restructured Term (as defined below) commencing thirty (30) days following the completion and delivery of the final circuit of the Frontier Network. The
Frontier Network. Pursuant to a Telecommunications ---------------- Services Agreement, dated September 24, 1998 (the "Frontier Agreement"), by and between IDT and Frontier Communications of the West, Inc. ("Frontier"), IDT has an indefeasible right to use a certain telecommunication network as it is completed and delivered pursuant to the terms and conditions set forth in the Frontier Agreement. IDT hereby grants and conveys to Net2Phone an indefeasible right to use and enjoy those parts of such telecommunication network which are described on Exhibit B hereto --------- (the "Frontier Network"), such grant and conveyance to be effective, with respect to those parts of the Frontier Network which have already been completed, delivered and installed, on the date hereof and, with respect to any part of the Frontier Network which has not yet been completed, delivered and installed, on the date such part of the Frontier Network is completed, delivered and installed. The foregoing grant and conveyance with respect to the Frontier Network shall terminate upon the expiration of the Frontier Agreement, in accordance with its terms. Net2Phone hereby agrees it shall perform all obligations reasonably required of it by IDT and shall do nothing whatsoever in violation of the Frontier Agreement. It is expressly understood that IDT retains all obligations to pay rent and/or usage fees in connection with the Frontier Agreement.
Frontier Network. Pursuant to the Frontier Agreement, ---------------- IDT must pay Frontier certain non-recurring charges for the installation of the Frontier network, some of which IDT has already paid Frontier and the remainder of which IDT will pay Frontier as the network is completed, delivered and installed. Net2Phone shall reimburse IDT for those non-recurring charges incurred (or to be incurred) by IDT with respect to those parts of the Frontier Agreement set forth on Exhibit B hereto, with interest at 9% per annum, in 60 --------- equal monthly payments commencing on _________ __, 1999. In addition, beginning on the date hereof and continuing until the termination in its entirety of the grant and conveyance with respect to the Frontier Network, Net2Phone shall reimburse IDT an amount equal to the costs and fees IDT incurs subsequent to the date hereof with respect to the Frontier Network pursuant to the Frontier Agreement (other than the non-recurring charges), such reimbursement shall be due and payable upon payment by IDT of such costs and fees.
