Common use of PAYMENT OF RATES AND CHARGES, DEPOSITS Clause in Contracts

PAYMENT OF RATES AND CHARGES, DEPOSITS. 8.1 Except as otherwise specifically provided elsewhere in this Agreement, the Parties will pay all rates and charges due and owing under this Agreement on or before the next bill date. For purposes of this Agreement, the “Bill Due Date” shall be defined to mean on or before the next bill date. If CLEC fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received from CLEC after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available to AT&T as of the Bill Due Date (individually and collectively, “Past Due”), then a late payment charge will be assessed as provided in Sections 8.2. and 8.3., as applicable. 8.1.1 If the payment due date is a Sunday or is a Monday that has been designated a bank holiday by the XX Xxxxxx Xxxxx Bank (or such other bank as the Parties agree), payment will be made the next business day. If the payment due date is a Saturday or is on a Tuesday, Wednesday, Thursday or Friday that has been designated a bank holiday by the XX Xxxxxx Xxxxx Bank (or such other bank as the Parties agree), payment will be made on the preceding business day. Page 21 of 316 AT&T ILLINOIS/.NEW TALK, INC. 8.2 If either Party fails to remit payment for any charges for services by the applicable due date, or if a payment or any portion of a payment is received by the billing Party from the paying Party after the applicable due date, or if a payment or any portion of a payment is received in funds which are not immediately available to the billing Party as of the due date (individually and collectively, “Past Due”), then a late payment charge/interest* shall be assessed as follows in Sections 8.2.1 and 8.2.2, as applicable. No other late payment fee or charge applies to overdue amounts. *For purposes of billing under this Agreement, the terms “interest” and “late payment charge” shall have the same meaning, as set forth in 8.2.1 and 8.2.2 below; provided, however, that neither party will assess a flat fee penalty charge. The parties shall only charge interest as set forth in Sections 8.2.1 and 8.2.2. 8.2.1 If any charge incurred under this Agreement that is billed out of a billing system other than the AT&T Customer Records Information System (XXXX) is past due, the unpaid amounts will accrue interest from the day following the Bill Due Date, until paid at the lesser of (i) the rate used to compute the Late Payment Charge in the applicable AT&T intrastate access services tariff for that state and (ii) the highest rate of interest that may be charged under Applicable Law. 8.2.2 If any charge incurred under this Agreement that is billed out of AT&T’s XXXX is Past Due, the unpaid amounts will accrue interest from the day following the Bill Due Date, until paid. The interest rate applied to AT&T XXXX-billed Past Due unpaid amounts will be the lesser of (i) the rate used to compute the Late Payment Charge contained in the applicable AT&T intrastate retail tariff governing Late Payment Charges to AT&T’s retail End Users that are business End Users in that state and (ii) the highest rate of interest that may be charged under Applicable Law.

PAYMENT OF RATES AND CHARGES, DEPOSITS. 8.1 Except as otherwise specifically provided elsewhere in this Agreement, the Parties will pay all rates and charges due and owing under this Agreement on or before the next bill xxxx date. For purposes of this Agreement, the “Bill Xxxx Due Date” shall be defined to mean on or before the next bill xxxx date. If CLEC fails to remit payment for any charges by the Bill Xxxx Due Date, or if payment for any portion of the charges is received from CLEC after the Bill Xxxx Due Date, or if payment for any portion of the charges is received in funds which are not immediately available to AT&T as of the Bill Xxxx Due Date (individually and collectively, “Past Due”), then a late payment charge will be assessed as provided in Sections 8.2. and 8.3., as applicable. 8.1.1 If the payment due date is a Sunday or is a Monday that has been designated a bank holiday by the XX Xxxxxx Xxxxx Chase Bank (or such other bank as the Parties agree), payment will be made the next business day. If the payment due date is a Saturday or is on a Tuesday, Wednesday, Thursday or Friday that has been designated a bank holiday by the XX Xxxxxx Xxxxx Bank (or such other bank as the Parties agree), payment will be made on the preceding business day. Page 21 of 316 AT&T ILLINOIS/.NEW TALK, INC. . 8.2 If either Party fails to remit payment for any charges for services by the applicable due date, or if a payment or any portion of a payment is received by the billing Party from the paying Party after the applicable due date, or if a payment or any portion of a payment is received in funds which are not immediately available to the billing Party as of the due date (individually and collectively, “Past Due”), then a late payment charge/interest* shall be assessed as follows in Sections 8.2.1 and 8.2.2, as applicable. No other late payment fee or charge applies to overdue amounts. *For purposes of billing under this Agreement, the terms “interest” and “late payment charge” shall have the same meaning, as set forth in 8.2.1 and 8.2.2 below; provided, however, that neither party will assess a flat fee penalty charge. The parties shall only charge interest as set forth in Sections 8.2.1 and 8.2.2. 8.2.1 If any charge incurred under this Agreement that is billed out of a billing system other than the AT&T Customer Records Information System (XXXX) is past due, the unpaid amounts will accrue interest from the day following the Bill Xxxx Due Date, until paid at the lesser of (i) the rate used to compute the Late Payment Charge in the applicable AT&T intrastate access services tariff for that state and (ii) the highest rate of interest that may be charged under Applicable Law. 8.2.2 If any charge incurred under this Agreement that is billed out of AT&T’s XXXX is Past Due, the unpaid amounts will accrue interest from the day following the Bill Xxxx Due Date, until paid. The interest rate applied to AT&T XXXX-billed Past Due unpaid amounts will be the lesser of (i) the rate used to compute the Late Payment Charge contained in the applicable AT&T intrastate retail tariff governing Late Payment Charges to AT&T’s retail End Users that are business End Users in that state and (ii) the highest rate of interest that may be charged under Applicable Law. 8.3 Each Party shall make all Payments in U.S. Dollars to the other party via electronic funds credit transfers through the Automated Clearing House Association (ACH) network to the financial institution designated by Party receiving the payment. At least thirty (30) days prior to the first transmission of billing data and information for payment, AT&T will provide the name and address of its bank, its account and routing number and to whom billing payments should be made payable. If such banking information changes, each Party will provide the other Party at least sixty (60) days written notice of the change and such notice will include the new banking information. CLEC and AT&T shall abide by the National Automated Clearing House Association (NACHA) Rules and Regulations. Each ACH credit transfer shall be received by the billing Party no later than the applicable due date of each xxxx or late payment charge/interest will apply as provided in Section

PAYMENT OF RATES AND CHARGES, DEPOSITS. 8.1 Except as otherwise specifically provided elsewhere in this Agreement, the Parties will pay all rates and charges due and owing under this Agreement on or before the next bill date. For purposes of this Agreement, the “Bill Due Date” shall be defined to mean on or before the next bill date. If CLEC fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received from CLEC after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available to AT&T as of the Bill Due Date (individually and collectively, “Past Due”), then a late payment charge will be assessed as provided in Sections 8.2. and 8.3., as applicable. 8.1.1 If the payment due date is a Sunday or is a Monday that has been designated a bank holiday by the XX Xxxxxx Xxxxx Bank (or such other bank as the Parties agree), payment will be made the next business day. If the payment due date is a Saturday or is on a Tuesday, Wednesday, Thursday or Friday that has been designated a bank holiday by the XX Xxxxxx Xxxxx Chase Bank (or such other bank as the Parties agree), payment will be made on the preceding business day. Page 21 of 316 AT&T ILLINOIS/.NEW TALK, INC. . 8.2 If either Party fails to remit payment for any charges for services by the applicable due date, or if a payment or any portion of a payment is received by the billing Party from the paying Party after the applicable due date, or if a payment or any portion of a payment is received in funds which are not immediately available to the billing Party as of the due date (individually and collectively, “Past Due”), then a late payment charge/interest* shall be assessed as follows in Sections 8.2.1 and 8.2.2, as applicable. No other late payment fee or charge applies to overdue amounts. *For purposes of billing under this Agreement, the terms “interest” and “late payment charge” shall have the same meaning, as set forth in 8.2.1 and 8.2.2 below; provided, however, that neither party will assess a flat fee penalty charge. The parties shall only charge interest as set forth in Sections 8.2.1 and 8.2.2. 8.2.1 If any charge incurred under this Agreement that is billed out of a billing system other than the AT&T Customer Records Information System (XXXX) is past due, the unpaid amounts will accrue interest from the day following the Bill Due Date, until paid at the lesser of (i) the rate used to compute the Late Payment Charge in the applicable AT&T intrastate access services tariff for that state and (ii) the highest rate of interest that may be charged under Applicable Law. 8.2.2 If any charge incurred under this Agreement that is billed out of AT&T’s XXXX is Past Due, the unpaid amounts will accrue interest from the day following the Bill Due Date, until paid. The interest rate applied to AT&T XXXX-billed Past Due unpaid amounts will be the lesser of (i) the rate used to compute the Late Payment Charge contained in the applicable AT&T intrastate retail tariff governing Late Payment Charges to AT&T’s retail End Users that are business End Users in that state and (ii) the highest rate of interest that may be charged under Applicable Law. 8.3 Each Party shall make all Payments in U.S. Dollars to the other party via electronic funds credit transfers through the Automated Clearing House Association (ACH) network to the financial institution designated by Party receiving the payment. At least thirty (30) days prior to the first transmission of billing data and information for payment, AT&T will provide the name and address of its bank, its account and routing number and to whom billing payments should be made payable. If such banking information changes, each Party will provide the other Party at least sixty (60) days written notice of the change and such notice will include the new banking information. CLEC and AT&T shall abide by the National Automated Clearing House Association (NACHA) Rules and Regulations. Each ACH credit transfer shall be received by the billing Party no later than the applicable due date of each bill or late payment charge/interest will apply as provided in Section

PAYMENT OF RATES AND CHARGES, DEPOSITS. 8.1 Except as otherwise specifically provided elsewhere in this Agreement, the Parties will pay all rates and charges due and owing under this Agreement on or before the next bill xxxx date. For purposes of this Agreement, the “Bill Xxxx Due Date” shall be defined to mean on or before the next bill xxxx date. If CLEC fails to remit payment for any charges by the Bill Xxxx Due Date, or if payment for any portion of the charges is received from CLEC after the Bill Xxxx Due Date, or if payment for any portion of the charges is received in funds which are not immediately available to AT&T as of the Bill Xxxx Due Date (individually and collectively, “Past Due”), then a late payment charge will be assessed as provided in Sections 8.2. 8.2 and 8.3., as applicable. 8.1.1 If the payment due date is a Sunday or is a Monday that has been designated a bank holiday by the XX Xxxxxx Xxxxx Chase Bank (or such other bank as the Parties agree), payment will be made the next business day. If the payment due date is a Saturday or is on a Tuesday, Wednesday, Thursday or Friday that has been designated a bank holiday by the XX Xxxxxx Xxxxx Bank (or such other bank as the Parties agree), payment will be made on the preceding business day. Page 21 of 316 AT&T ILLINOIS/.NEW TALK, INC. . 8.2 If either Party fails to remit payment for any charges for services by the applicable due date, or if a payment or any portion of a payment is received by the billing Party from the paying Party after the applicable due date, or if a payment or any portion of a payment is received in funds which are not immediately available to the billing Party as of the due date (individually and collectively, “Past Due”), then a late payment charge/interest* shall be assessed as follows in Sections 8.2.1 and 8.2.2, as applicable. No other late payment fee or charge applies to overdue amounts. *For purposes of billing under this Agreement, the terms “interest” and “late payment charge” shall have the same meaning, as set forth in 8.2.1 and 8.2.2 below; provided, however, that neither party will assess a flat fee penalty charge. The parties shall only charge interest as set forth in Sections 8.2.1 and 8.2.2. 8.2.1 If any charge incurred under this Agreement that is billed out of a billing system other than the AT&T Customer Records Information System (XXXX) is past due, the unpaid amounts will accrue interest from the day following the Bill Xxxx Due Date, until paid at the lesser of (i) the rate used to compute the Late Payment Charge in the applicable AT&T intrastate access services tariff for that state and (ii) the highest rate of interest that may be charged under Applicable Law. 8.2.2 If any charge incurred under this Agreement that is billed out of AT&T’s XXXX is Past Due, the unpaid amounts will accrue interest from the day following the Bill Xxxx Due Date, until paid. The interest rate applied to AT&T XXXX-billed Past Due unpaid amounts will be the lesser of (i) the rate used to compute the Late Payment Charge contained in the applicable AT&T intrastate retail tariff governing Late Payment Charges to AT&T’s retail End Users that are business End Users in that state and (ii) the highest rate of interest that may be charged under Applicable Law. 8.3 Each Party shall make all Payments in U.S. Dollars to the other party via electronic funds credit transfers through the Automated Clearing House Association (ACH) network to the financial institution designated by Party receiving the payment. At least thirty (30) days prior to the first transmission of billing data and information for payment, AT&T will provide the name and address of its bank, its account and routing number and to whom billing payments should be made payable. If such banking information changes, each Party will provide the other Party at least sixty (60) days written notice of the change and such notice will include the new banking information. CLEC and AT&T shall abide by the National Automated Clearing House Association (NACHA) Rules and Regulations. Each ACH credit transfer shall be received by the billing Party no later than the applicable due date of each xxxx or late payment charge/interest will apply as provided in Section

PAYMENT OF RATES AND CHARGES, DEPOSITS. 8.1 Except as otherwise specifically provided elsewhere in this Agreement, the Parties will pay all rates and charges due and owing under this Agreement on or before the next bill date. For purposes of this Agreement, the “Bill Due Date” shall be defined to mean on or before the next bill date. If CLEC fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received from CLEC after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available to AT&T as of the Bill Due Date (individually and collectively, “Past Due”), then a late payment charge will be assessed as provided in Sections 8.2. and 8.3., as applicable. 8.1.1 If the payment due date is a Sunday or is a Monday that has been designated a bank holiday by the XX Xxxxxx Xxxxx Bank (or such other bank as the Parties agree), payment will be made the next business day. If the payment due date is a Saturday or is on a Tuesday, Wednesday, Thursday or Friday that has been designated a bank holiday by the XX Xxxxxx Xxxxx Bank (or such other bank as the Parties agree), payment will be made on the preceding business day. Page 21 2215 of 316 331260 AT&T ILLINOIS/.NEW TALK, INC. 8.2 If either Party fails to remit payment for any charges for services by the applicable due date, or if a payment or any portion of a payment is received by the billing Party from the paying Party after the applicable due date, or if a payment or any portion of a payment is received in funds which are not immediately available to the billing Party as of the due date (individually and collectively, “Past Due”), then a late payment charge/interest* shall be assessed as follows in Sections 8.2.1 and 8.2.2, as applicable. No other late payment fee or charge applies to overdue amounts. *For purposes of billing under this Agreement, the terms “interest” and “late payment charge” shall have the same meaning, as set forth in 8.2.1 and 8.2.2 below; provided, however, that neither party will assess a flat fee penalty charge. The parties shall only charge interest as set forth in Sections 8.2.1 and 8.2.2. 8.2.1 If any charge incurred under this Agreement that is billed out of a billing system other than the AT&T Customer Records Information System (XXXX) is past due, the unpaid amounts will accrue interest from the day following the Bill Due Date, until paid at the lesser of (i) the rate used to compute the Late Payment Charge in the applicable AT&T intrastate access services tariff for that state and (ii) the highest rate of interest that may be charged under Applicable Law. 8.2.2 If any charge incurred under this Agreement that is billed out of AT&T’s XXXX is Past Due, the unpaid amounts will accrue interest from the day following the Bill Due Date, until paid. The interest rate applied to AT&T XXXX-billed Past Due unpaid amounts will be the lesser of (i) the rate used to compute the Late Payment Charge contained in the applicable AT&T intrastate retail tariff governing Late Payment Charges to AT&T’s retail End Users that are business End Users in that state and (ii) the highest rate of interest that may be charged under Applicable Law.

PAYMENT OF RATES AND CHARGES, DEPOSITS. 8.1 Except as otherwise specifically provided elsewhere in this Agreement, the Parties will pay all undisputed rates and charges due and owing under this Agreement on or before within forty-five (45) days after the next bill datedate of the billing party’s mailing. For purposes of this Agreement, the “Bill Due Date” shall be defined to mean on or before forty-five (45) calendar days after the next bill datedate of the billing party’s mailing. If CLEC fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received from CLEC after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available to AT&T as of the Bill Due Date (individually and collectively, “Past Due”), then a late payment charge will be assessed as provided in Sections 8.2. 8.2 and 8.3., as applicable. 8.1.1 If the payment due date is a Sunday or is a Monday that has been designated a bank holiday by the XX Xxxxxx Xxxxx Bank (or such other bank as the Parties agree), payment will be made the next business day. If the payment due date is a Saturday or is on a Tuesday, Wednesday, Thursday or Friday that has been designated a bank holiday by the XX Xxxxxx Xxxxx Bank (or such other bank as the Parties agree), payment will be made on the preceding business day. Page 21 of 316 AT&T ILLINOIS/.NEW TALK, INC. . 8.2 If either Party fails to remit payment for any charges for services by the applicable due date, or if a payment or any portion of a payment is received by the billing Party from the paying Party after the applicable due date, or if a payment or any portion of a payment is received in funds which are not immediately available to the billing Party as of the due date (individually and collectively, “Past Due”), then a late payment charge/interest* shall be assessed as follows in Sections 8.2.1 and 8.2.2, as applicable. No other late payment fee or charge applies to overdue amounts. *For purposes of billing under this Agreement, the terms “interest” and “late payment charge” shall have the same meaning, as set forth in 8.2.1 and 8.2.2 below; provided, however, that neither party will assess a flat fee penalty charge. The parties shall only charge interest as set forth in Sections 8.2.1 and 8.2.2. 8.2.1 If any charge incurred under this Agreement that is billed out of a billing system other than the AT&T Customer Records Information System (XXXX) is past due, the unpaid amounts will accrue interest from the day following the Bill Due Date, until paid at the lesser of (i) the rate used to compute the Late Payment Charge in the applicable AT&T intrastate access services tariff for that state and (ii) the highest rate of interest that may be charged under Applicable Law. 8.2.2 If any charge incurred under this Agreement that is billed out of AT&T’s XXXX is Past Due, the unpaid amounts will accrue interest from the day following the Bill Due Date, until paid. The interest rate applied to AT&T XXXX-billed Past Due unpaid amounts will be the lesser of (i) the rate used to compute the Late Payment Charge contained in the applicable AT&T intrastate retail tariff governing Late Payment Charges to AT&T’s retail End Users that are business End Users in that state and (ii) the highest rate of interest that may be charged under Applicable Law. 8.3 Each Party shall make all Payments in U.S. Dollars to the other party via electronic funds credit transfers through the Automated Clearing House Association (ACH) network to the financial institution designated by Party receiving the payment. At least thirty (30) days prior to the first transmission of billing data and information for payment, AT&T will provide the name and address of its bank, its account and routing number and to whom billing payments should be made payable. If such banking information changes, each Party will provide the other Party at least sixty (60) days written notice of the change and such notice will include the new banking information. CLEC and AT&T shall abide by the National Automated Clearing House Association (NACHA) Rules and Regulations. Each ACH credit transfer shall be received by the billing Party no later than the applicable due date of each bill or late payment charge/interest will apply as provided in Section

PAYMENT OF RATES AND CHARGES, DEPOSITS. 8.1 Except as otherwise specifically provided elsewhere in this Agreement, including but not limited to Section 8.5, the Parties will pay all rates and charges due and owing under this Agreement on within thirty (30) days of the date of the invoice or before within twenty (20) days of receipt of an invoice, whichever is later; provided, the next paying Party shall advise the billing Party via fax or e-mail in the event the bill is received 10 or more days after the bill date. For the purposes of this AgreementSection 8.1, the “Bill Due Date” each Parties’ respective billing contact information shall be defined to mean on or before the next bill date. If CLEC fails to remit payment for any charges as follows unless otherwise designated by the Bill Due DateParty: If to SWBT If to CLEC Xxx Xxxxxx Xxxx Xxxxx Manager-Industry Markets President Southwestern Bell Telephone Company CD Telecommunications, or if payment for any portion of the charges is received from CLEC after the Bill Due DateLLC 000 X. Xxxxx, or if payment for any portion of the charges is received in funds which are not immediately available to AT&T as of the Bill Due Date (individually and collectively7th Flr. 000 Xxxxx Xxxxxxx 000, “Past Due”)Xxxxx 0 Dallas, then a late payment charge will be assessed as provided in Sections 8.2TX 75202 Branson, MO 65616 000-000-0000 000-000-0000, ext. and 8.3., as applicable.110 000-000-0000 000-000-0000 xx0000@xxxxxx.xxx.xxx xxx@xxxxx-xxxx.xxx 8.1.1 If the payment due date is a Sunday or is a Monday that has been designated a bank holiday by the XX Xxxxxx Xxxxx Chase Manhattan Bank of New York (or such other bank as the Parties agree), payment will be made the next business day. If the payment due date is a Saturday or is on a Tuesday, Wednesday, Thursday or Friday that has been designated a bank holiday by the XX Xxxxxx Xxxxx Chase Manhattan Bank of New York (or such other bank as the Parties agree), payment will be made on the preceding business day. Page 21 of 316 AT&T ILLINOIS/.NEW TALK, INC. . 8.2 If either Party fails to remit payment for any charges for services by the applicable due date, or if a payment or any portion of a payment is received by the billing Party from the paying Party after the applicable due date, or if a payment or any portion of a payment is received in funds which are not immediately available to the billing Party as of the due date (individually and collectively, “Past Due”), then a late payment charge/interest* interest shall be assessed as follows in Sections 8.2.1 and 8.2.2, as applicable. No other late payment fee or charge applies to overdue amounts. *For purposes of billing under this Agreement, the terms “interest” and “late payment charge” shall have the same meaning, as set forth in 8.2.1 and 8.2.2 below; provided, however, that neither party will assess a flat fee penalty charge. The parties shall only charge interest as set forth in Sections 8.2.1 and 8.2.2. 8.2.1 If any charge incurred under this Agreement that is billed out of a billing system other than the AT&T Customer Records Information System (XXXX) is past duedue (including prior months’ unpaid interest charges), the such unpaid amounts will accrue shall bear interest from the day following the Bill Due Date, until paid at the lesser of (i) the rate used to compute the Late Payment Charge in the applicable AT&T intrastate access services tariff for that state and (ii) the highest rate of interest that may be charged under Applicable Law. 8.2.2 If any charge incurred under this Agreement that is billed out of AT&T’s XXXX is Past Due, the unpaid amounts will accrue interest from the day following the Bill Due Date, due date until paid. The interest rate applied to AT&T XXXX-billed Past Due unpaid amounts will billed out of any billing system other than the SWBT Customer Records Information System (XXXX) shall be the lesser of (i) the rate used to compute the Late Payment Charge contained in the applicable AT&T SWBT intrastate retail Texas access services Commission-approved tariff governing Late Payment Charges to AT&T’s retail End Users that are business End Users in that state and (ii) the highest rate of interest that may be charged under Applicable Lawapplicable law, compounded daily from the applicable due date to and including the date that the payment is actually made and available. 8.2.2 If any charge incurred under this Agreement that is billed out of SWBT's XXXX is past due (including prior months’ unpaid interest charges), such unpaid amounts shall bear interest from the applicable due date until paid. The interest rate applied to SWBT XXXX- billed Past Due unpaid amounts shall be the lesser of (i) the rate used to compute the Late Payment Charge contained in the SWBT Texas intrastate retail Commission-approved tariff governing Late Payment Charges to SWBT's retail end users that are business end users and (ii) the highest rate of interest that may be charged under applicable law, compounded daily from the applicable due date to and including the date that the payment is actually made and available. 8.3 Each Party shall make all Payments in U.S. Dollars to the other party via electronic funds credit transfers through the Automated Clearing House Association (ACH) network to the financial institution designated by Party receiving the payment. At least thirty (30) days prior to the first transmission of billing data and information for payment, SWBT will provide the name and address of its bank, its account and routing number and to whom billing payments should be made payable. If such banking information changes, each Party will provide the other Party at least sixty (60) days written notice of the change and such notice will include the new banking information. CLEC and SWBT shall abide by the National Automated Clearing House Association (NACHA) Rules and Regulations. Each ACH credit transfer shall be received by the billing Party no later than the applicable due date of each bill or interest will apply as provided in Section 8.2.1 above. The Party receiving payment shall not be liable for any delays in receipt of funds or errors in entries caused by the paying Party or third parties, including the paying Party's financial institution. The paying Party is responsible for its own banking fees. Each Party will provide the other Party with a contact person for the handling of billing payment questions or problems. 8.3.1 SWBT and CLEC shall provide each other with remittance advices, providing detailed account information for proper application of the payment made by the paying Party. The remittance advice shall be transmitted electronically by 1:00 A.M. Eastern Time on the date the payment is effective, via an 820 EDI process, or, if the Parties agree, through the ACH network. Such process shall be utilized by the Parties beginning no later than three (3) months after the Effective Date of this Agreement, unless otherwise agreed between the Parties. 8.3.2 In the event CLEC receives multiple and/or other bills from SWBT which are payable on the same date, CLEC may remit one payment for the sum of all such bills payable to SWBT’s bank account designated pursuant to Section 8.3 and CLEC will provide SWBT with a payment advice pursuant to Section 8.3.1.