Compensable Base definition

Compensable Base means the total combined minutes of use of ISP-Bound Traffic and Local Traffic originated by Verizon to Level 3 from July 1, 2002 through June 30, 2003 in all jurisdictions, that Verizon has agreed in writing are subject to intercarrier compensation. Any minutes of use that Verizon has not agreed are subject to intercarrier compensation, or as to which there remains an outstanding billing dispute between the Parties, shall not be included in the Compensable Base.
Compensable Base means the total combined minutes of use of ISP-Bound Traffic and Local Traffic originated by Verizon to Xxxxx 0 from July 1, 2002 through June 30, 2003 in all jurisdictions, that Verizon has agreed in writing are subject to intercarrier compensation. Any minutes of use that Verizon has not agreed are subject to intercarrier compensation, or as to which there remains an outstanding billing dispute between the Parties, shall not be included in the Compensable Base.
Compensable Base means 306,328,819 ISP-bound traffic minutes of use.

Examples of Compensable Base in a sentence

  • The ceiling on the total ISP-bound traffic minutes of use for which McLeodUSA may receive compensation during an Annual Period shall not exceed McLeodUSA’s Compensable Base (as such term is defined herein).

  • All presumed ISP-bound traffic minutes of use which McLeodUSA receives in excess of the Compensable Base during an Annual Period shall be treated on a xxxx and keep basis.

Related to Compensable Base

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