Common use of PAYMENT OF RATES AND CHARGES Clause in Contracts

PAYMENT OF RATES AND CHARGES. 9.1 Except as otherwise specifically provided elsewhere in this Agreement, the Parties will pay all undisputed rates and charges due and owing under this Agreement within forty-five (45) days from the date of the invoice or thirty (30) days from receipt of an invoice properly delivered according to the primary medium defined by CLEC. 9.2 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 ARKANSAS as of the Bill Due Date (individually and collectively, “Past Due”), then a late payment charge will be assessed as provided in Sections 9.2.1 and 9.2.2, as applicable. 9.2.1 If any charge incurred under this Agreement that is billed out of any AT&T ARKANSAS billing system other than the AT&T ARKANSAS Customer Records Information System (XXXX) becomes Past Due, the unpaid amounts shall bear interest from the day following the Bill Due Date until the day paid at the lesser of (i) the rate used to compute the Late Payment Charge in the SBC ARKANSAS intrastate access services tariff in that state and

Appears in 4 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

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