Common use of Terminating Compensation Clause in Contracts

Terminating Compensation. on Traffic to INP’ed Numbers shall be calculated by separating total INP minutes into Local, Intrastate, and Interstate minutes and rated as follows: (Recip Traffic percentage INP Minutes times the Reciprocal Compensation Rate set forth in Exhibit A) plus (Intra Traffic percentage INP Minutes times Receiving Party’s effective intrastate FGD rates) plus (Inter Traffic percentage INP Minutes times Receiving Party’s effective interstate FGD rates). The terminating compensation for intrastate and interstate INP traffic shall exclude those same minutes of use previously billed as Reciprocal Compensation. The Receiving Party shall compensate the Performing Party for its billing and collection of charges for the intrastate and interstate FGD access services provided by the Receiving Party to a third party through greater of (i) the difference between the intrastate and interstate FGD rates of the Receiving Party and the Performing Party, or (ii) three percent (3%) of the Performing Party’s intrastate and interstate FGD revenues for INP’ed numbers. Under no circumstances shall the Performing Party, in performing the billing and collections service on behalf of the Receiving Party, be obligated to pass through more than ninety seven percent (97%) of its FGD access charge to the Receiving Party in connection with any given INP’ed call.

Appears in 7 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.