Intercarrier Compensation for ISP-Bound Traffic and Local Traffic Sample Clauses

Intercarrier Compensation for ISP-Bound Traffic and Local Traffic. Commencing on the Effective Date, and continuing prospectively for the applicable time periods described below, when ISP-Bound Traffic or Local Traffic is originated by an End User of a Party on that Party’s network (the “Originating Party”) and delivered to the other Party (the “Receiving Party”) for delivery to an End User of the Receiving Party, the Receiving Party shall xxxx and the Originating Party shall pay intercarrier compensation at the following equal and symmetrical rates: $.0005 per minute of use for the period beginning on the Effective Date and ending on December 31, 2004, $.00045 per minute of use for the period beginning January 1, 2005 and ending on December 31, 2005, $.0004 per minute of use for the period beginning January 1, 2006 and ending upon the effective date of termination of this Section 2.1 (collectively, the “Intercarrier Compensation Rates”); provided, however, that Verizon shall be under no obligation to pay any intercarrier compensation to Level 3 on Local Traffic or ISP-Bound Traffic insofar as the total combined minutes of use of such traffic originated by Verizon to Level 3 in all jurisdictions in which the Parties exchange traffic exceeds the Compensable Base by the following threshold percentages during each of the specified calendar years: 175% for 2004, 200% for 2005, 225% for 2006, and 225% for any calendar year subsequent to 2006 in which this Section 2.1 remains in effect.
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Related to Intercarrier Compensation for ISP-Bound Traffic and Local Traffic

  • Reciprocal Compensation Traffic Telecommunications traffic originated by a Customer of one Party on that Party’s network and terminated to a Customer of the other Party on that other Party’s network, except for Telecommunications traffic that is interstate or intrastate Exchange Access, Information Access, or exchange services for Exchange Access or Information Access. The determination of whether Telecommunications traffic is Exchange Access or Information Access shall be based upon Verizon’s local calling areas as defined by Verizon. Reciprocal Compensation Traffic does not include the following traffic (it being understood that certain traffic types will fall into more than one (1) of the categories below that do not constitute Reciprocal Compensation Traffic): (1) any Internet Traffic;

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