Reciprocal Compensation applies for transport and termination Sample Clauses

Reciprocal Compensation applies for transport and termination of Local Traffic billable by CBT or Intermedia that a Telephone Exchange Service Customer originates on CBT's or Intermedia's network for termination on the other Party's network. The Parties shall compensate each other for such transport and termination of Local Traffic at the rates provided in the Pricing Schedule; provided, however, that compensation for local traffic will be reciprocal and symmetrical. The Party on whose network the call originates shall pay the Party on whose network the call terminates as follows: (a) Local traffic between the Parties on trunks between Intermedia’s switch and CBT’s tandem switch will be rated as Tandem switched calls (utilizing the tandem switching, tandem transport facility mileage and end office local termination rate elements), and (b) Local traffic on direct trunks between CBT’s end office switches and Intermedia’s switch will be rated as End Office to End Office calls (utilizing the end office local termination rate element).
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Related to Reciprocal Compensation applies for transport and termination

  • Term of Agreement and Termination 2.1. This Agreement enters into effect at the time of acceptance of this Agreement.

  • Term of Contract and Termination (1) This Contract shall enter into force with retroactive effect on Contract award. It documents the mutual rights and obligations on the delivery of gas by the Supplier on the basis of one or more successful tenders in the OGE call for tenders for fuel gas. This Contract shall end at the end of the delivery period without notice having to be given.

  • Amendment and Termination of Agreement (a) We may amend any provision of this Agreement by giving you written notice of the amendment. Either party to this Agreement may terminate the Agreement without cause by giving the other party at least thirty (30) days' written notice of its intention to terminate. This Agreement will terminate automatically in the event of its assignment (as defined in the 1940 Act).

  • Term and Termination of Agreement 1. This Agreement shall run for a period of one (1) year from the date first written above and will be renewed from year to year thereafter unless terminated by either party as provided hereunder.

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