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.

Appears in 4 contracts

Samples: Interconnection Agreement, MFN Agreement, Interconnection Agreement

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