Prospective Transition Charges Sample Clauses
The Prospective Transition Charges clause establishes the framework for imposing charges that will be collected in the future to recover costs associated with a transition, such as regulatory changes or restructuring. Typically, this clause outlines how these charges are calculated, who is responsible for paying them, and the period over which they will be assessed. For example, it may apply to utility customers who are required to pay additional fees to cover the costs of moving to a new regulatory regime. The core function of this clause is to ensure that the financial burden of transition-related expenses is distributed fairly and transparently among affected parties, thereby providing a clear mechanism for cost recovery.
Prospective Transition Charges. RNK shall, in accordance with the billing provisions of the Agreement, pay any transition charges described in section 3 of this Amendment that Verizon bills (or has billed) in invoices dated on or after July 14, 2005. If RNK fails to pay such invoices within the period of time required to avoid late payment charges or penalties under the billing provisions of the Agreement, any such late payment charges and penalties shall apply.
Prospective Transition Charges. RCN shall, in accordance with the billing provisions of the Agreement, pay any transition charges described in section 3 of this Amendment that Verizon bills (or has billed) in invoices dated on or after July 14, 2005. If RCN fails to pay such invoices within the period of time required to avoid late payment charges or penalties under the billing provisions of the Agreement, any such late payment charges and penalties shall apply.
Prospective Transition Charges. SPRINT shall, in accordance with the billing provisions of the Agreement, pay any transition charges described in section 3 of this Amendment that Verizon bills (or has billed) in invoices dated on or after July 14, 2005. If SPRINT fails to pay such invoices within the period of time required to avoid late payment charges or penalties under the billing provisions of the Agreement, any such late payment charges and penalties shall apply.
Prospective Transition Charges. TCG shall, in accordance with the billing provisions of the Agreement, pay any transition charges described in section 3 of this Amendment that Verizon bills (or has billed) in invoices dated on or after July 14, 2005. If TCG fails to pay such invoices within the period of time required to avoid late payment charges or penalties under the billing provisions of the Agreement, any such late payment charges and penalties shall apply.
Prospective Transition Charges. Level 3 shall, in accordance with the billing provisions of the Agreement, pay any transition charges described in section 3 of this Amendment that Verizon bills (or has billed) in invoices dated on or after July 14, 2005. If Level 3 fails to pay such invoices within the period of time required to avoid late payment charges or penalties under the billing provisions of the Agreement, any such late payment charges and penalties shall apply.
Prospective Transition Charges. PaeTec shall, in accordance with the billing provisions of the Agreement, pay any transition charges described in section 3 of this Amendment that Verizon bills (or has billed) in invoices dated on or after July 14, 2005. If PaeTec fails to pay such invoices within the period of time required to avoid late payment charges or penalties under the billing provisions of the Agreement, any such late payment charges and penalties shall apply.
Prospective Transition Charges. KMC V shall, in accordance with the billing provisions of the Agreement, pay any transition charges described in Section 3 of this Amendment that Verizon bills (or has billed) in invoices dated on or after the Amendment Effective Date. If KMC V fails to pay such invoices within the period of time required to avoid late payment charges or penalties under the billing provisions of the Agreement, any such late payment charges and penalties shall apply.
Prospective Transition Charges. RNK shall, in accordance with the billing provisions of the Agreement, pay any transition charges described in section 3 of this Amendment that Verizon bills (or has billed) in invoices dated on or after the first to occur of (a) the Amendment Effective Date and (b) the date that is 30 days after the date of the Board’s order approving this Amendment (the “Transition Charge Billing Date”). If RNK fails to pay such invoices within the period of time required to avoid late payment charges or penalties under the billing provisions of the Agreement, any such late payment charges and penalties shall apply.
Prospective Transition Charges. ANTC shall, in accordance with the billing provisions of the Agreement, pay any transition charges described in section 3 of this Amendment that Verizon bills (or has billed) in invoices dated on or after July 14, 2005. If ANTC fails to pay such invoices within the period of time required to avoid late payment charges or penalties under the billing provisions of the Agreement, any such late payment charges and penalties shall apply.
Prospective Transition Charges. TWCIS (MA) shall, in accordance with the billing provisions of the Agreement, pay any transition charges described in section 3 of this Amendment that Verizon bills (or has billed) in invoices dated on or after July 14, 2005. If TWCIS (MA) fails to pay such invoices within the period of time required to avoid late payment charges or penalties under the billing provisions of the Agreement, any such late payment charges and penalties shall apply.