Common use of Transit Traffic Percentage Clause in Contracts

Transit Traffic Percentage. The transit traffic percentage contained in this Section is based on Carrier- specific, state-specific information available to Telco and/or supplied by Carrier. The transit traffic percentage contained in this Section will not apply to other carriers who may adopt this Agreement; such carriers must provide their own-carrier-specific, state-specific information to establish the appropriate transit traffic percentage. Accordingly, the Parties agree that 20% of the traffic delivered hereunder shall be deemed Transit Traffic. After the expiration of the Initial Term hereof, the percentage of traffic exchanged hereunder deemed Transit Traffic during the Initial Term shall remain in effect thereafter unless either Party provides new Transit Traffic Information to the other Party. In such case, the Parties shall use that new Transit Traffic Information to renegotiate in good faith a new revised percentage of traffic exchanged hereunder deemed Transit Traffic. Renegotiation of the percentage of traffic exchanged hereunder deemed Transit Traffic after the Initial Term shall occur no more frequently than once every twenty-four (24) months.

Transit Traffic Percentage. The transit traffic percentage contained in this Section is based on Carrier- Carrier-specific, state-specific information available to Telco and/or supplied by Carrier. The transit traffic percentage contained in this Section will not apply to other carriers who may adopt this Agreement; such carriers must provide their own-carrier-specific, state-specific information to establish the appropriate transit traffic percentage. Accordingly, the Parties agree that 2017% of the traffic delivered hereunder shall be deemed Transit Traffic. After the expiration of the Initial Term hereof, the percentage of traffic exchanged hereunder deemed Transit Traffic during the Initial Term shall remain in effect thereafter unless either Party provides new Transit Traffic Information to the other Party. In such case, the Parties shall use that new Transit Traffic Information to renegotiate in good faith a new revised percentage of traffic exchanged hereunder deemed Transit Traffic. Renegotiation of the percentage of traffic exchanged hereunder deemed Transit Traffic after the Initial Term shall occur no more frequently than once every twenty-four (24) months.