Common use of Interconnection Agreements Clause in Contracts

Interconnection Agreements. In cases in which Seller or any Affiliate is a party to a contract with a competitive local exchange carrier or an interexchange carrier for interconnection services within the Seller Exchanges (the "Seller Interconnection Agreements"), Seller and Buyer agree that until Closing and for a period of ninety (90) days after the Closing Date, each of Seller and Buyer shall use its commercially reasonable efforts to facilitate the negotiation of similar agreements and/or modifications to and assignments of the Seller Interconnection Agreements that will transfer the benefits and obligations of Seller contained in such Seller Interconnection Agreements to Buyer after Closing.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Verizon South Inc), Asset Purchase Agreement (Centurytel Inc)

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Interconnection Agreements. In cases in which either Seller or any Affiliate is a party to a contract with a competitive local exchange carrier or an interexchange carrier for interconnection services within the Seller Exchanges (the "Seller Interconnection Agreements"), Seller Sellers and Buyer agree that until Closing and for a period of ninety (90) days after the Closing Date, each of Seller Sellers and Buyer shall use its commercially reasonable efforts to facilitate the negotiation of similar agreements and/or modifications to and assignments of the Seller Interconnection Agreements that will transfer the benefits and obligations of Seller Sellers contained in such Seller Interconnection Agreements to Buyer after Closing.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Verizon South Inc), Asset Purchase Agreement (Centurytel Inc)

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