Bill and Keep definition

Bill and Keep refers to an arrangement in which neither of two interconnecting parties charges the other for terminating FX traffic that originates on the other party’s network.
Bill and Keep means that the originating Party has no obligation to pay terminating charges to the terminating Party, regardless of any charges the originating Party may assess its End Users.
Bill and Keep refers to an arrangement in which neither of two interconnecting Parties charges the other for terminating traffic that originates on the other network; instead, each Party recovers from its end-users the cost of both originating traffic that it delivers to the other Party and terminating traffic that it receives from the other Party.

Examples of Bill and Keep in a sentence

  • Local Switching Traffic exchanged between AT&T-12STATE and CLEC where CLEC’s End User originates a call that is terminated to an AT&T-12STATE End User, such traffic shall be paid for reciprocally at the rate applicable for 251(b)(5) and ISP-Bound Traffic, set forth in the Pricing Sheets at Bill and Keep.


More Definitions of Bill and Keep

Bill and Keep means the originating Party has no obligation to pay terminating charges to the terminating Party.
Bill and Keep or “Bill-and-Keep Arrangement”
Bill and Keep shall have the meaning set forth in 47 C.F.R. § 51.713.
Bill and Keep is defined, as referenced in 47 C.F.R. 51.713, as an arrangement in which carriers exchanging telecommunications traffic do not charge each other for specific transport and/or termination functions or services. Bill-and-Keep shall mean the originating Party has no obligation to pay terminating charges to the terminating Party.
Bill and Keep is as defined in the FCC’s Order on Remand and Report and Order in CC Docket 99-68 (Intercarrier Compensation for ISP-Bound Traffic). Xxxx and Keep is an arrangement where neither of two (2) interconnecting networks charges the other for terminating traffic that originates on the other network. Instead, each network recovers from its own end users the cost of both originating traffic that it delivers to the other network and terminating traffic that it receives from the other network. Xxxx and Keep does not, however, preclude intercarrier charges for transport of traffic between carriers’ networks. ISPAmd – Type 2 Wireless 1
Bill and Keep means the end point of transitional intrastate access services reductions. Under bill-and-keep arrangements, carriers exchanging telecommunications traffic shall not charge each other for specific transport or termination functions or services.
Bill and Keep means that neither of the two interconnecting carriers charges the other for the transport and termination of Telecommunications Traffic or Information Services Traffic originated by the other Party or the Party’s End User and delivered by one Party to the other Party under, and in accordance with, this Agreement.