Most Favored Customer Provision. During the Term, if Xxxxxxxx sells On-Net Telecommunications Services, On-Net Additional Services, and/or Other Services (but not including any local access or dark/dim fiber) to a third party on Financial Terms (as hereinafter defined) that are not Comparable (as hereinafter defined) to those provided hereunder, WinStar shall be entitled to an adjustment of the amounts paid with regard to the On-Net Telecommunications Services, On-Net Additional Services, and/or Other Services in question. Xxxxxxxx shall promptly notify WinStar in writing of such more favorable Financial Terms. Xxxxxxxx shall be under no obligation to disclose to WinStar the identity of any such third party or any other provisions of such a contract that are not more favorable than those provided to WinStar. Such adjustment shall be equal to the aggregate amount necessary to make the Financial Terms Comparable (pro rated to follow the cash timing of this Agreement). Upon payment or credit of such adjustment to WinStar, the Financial Terms of this Agreement shall be deemed to be those more favorable Financial Terms for the purpose of future applications of this Section. Nothing in this Section shall be deemed to require Xxxxxxxx to sell more than the Minimum Commitment contained herein. "
Appears in 3 contracts
Samples: Iru Agreement (Winstar Communications Inc), Iru Agreement (Winstar Communications Inc), Iru Agreement (Winstar Communications Inc)
Most Favored Customer Provision. During the Term, if Xxxxxxxx sells Willxxxx xxxls On-Net Telecommunications Services, On-Net Additional Services, and/or Other Services (but not including any local access or dark/dim fiber) to a third party on Financial Terms (as hereinafter defined) that are not Comparable (as hereinafter defined) to those provided hereunder, WinStar shall be entitled to an adjustment of the amounts paid with regard to the On-Net Telecommunications Services, On-Net Additional Services, and/or Other Services in question. Xxxxxxxx shall Willxxxx xxxll promptly notify WinStar in writing of such more favorable Financial Terms. Xxxxxxxx shall Willxxxx xxxll be under no obligation to disclose to WinStar the identity of any such third party or any other provisions of such a contract that are not more favorable than those provided to WinStar. Such adjustment shall be equal to the aggregate amount necessary to make the Financial Terms Comparable (pro rated to follow the cash timing of this Agreement). Upon payment or credit of such adjustment to WinStar, the Financial Terms of this Agreement shall be deemed to be those more favorable Financial Terms for the purpose of future applications of this Section. Nothing in this Section shall be deemed to require Xxxxxxxx to Willxxxx xx sell more than the Minimum Commitment contained herein. "
Appears in 2 contracts
Samples: Iru Agreement (Williams Communications Group Inc), Iru Agreement (Williams Communications Group Inc)