Mutual Compensation definition

Mutual Compensation is the compensation agreed upon by the Parties for those “Local Calls” that originate on one network and terminate on the other network.
Mutual Compensation as defined in Appendix Reciprocal Compensation.
Mutual Compensation as defined in Appendix Intercarrier Compensation.

Examples of Mutual Compensation in a sentence

  • Utica Mutual Insurance Company was incorporated under the laws of the State of New York on February 13, 1914 as the Utica Mutual Compensation Insurance Corporation.

  • In consideration of Yilaime providing the Export Funding and Support Services, and the Occupancy Services on an exclusive basis to AmericaTowne, the Parties have agreed to the "Mutual Compensation Schedule" attached hereto as Exhibit A.

  • Yilaime is an independent contractor, and for the consideration agreed upon herein, agrees to provide the services identified in Section 3, above, on an exclusive basis to AmericaTowne and for the consideration set forth in Section 4, above, and in the Mutual Compensation Schedule.

  • Thus, on June 17, 2003 the FSD amortized its debt with the MEF through a Mutual Compensation of Obligation Agreement approved by the two entities.

  • No notice of a "reportable event", within the meaning of Section 4043 of ERISA for which the 30-day reporting requirement has not been waived, has been required to be filed for any Washington Mutual Compensation and Benefit Plan or by any Washington Mutual ERISA Affiliate Plan within the 12-month period ending on the date hereof, and no such notice will be required to be filed as a result of the transactions contemplated by this Agreement.

  • Neither Washington Mutual nor any of its Subsidiaries has engaged in a transaction, or omitted to take any action, with respect to any Washington Mutual Compensation and Benefit Plan that would reasonably be expected to subject Washington Mutual or any of its Subsidiaries to any material tax or penalty imposed by either Section 4975 of the Code or Section 502 of ERISA, assuming for purposes of Section 4975 of the Code that the taxable period of any such transaction expired as of the date hereof.

  • Utica Mutual Insurance Company was incorporated under the laws of the State of New York on February 13, 1914 as the “Utica Mutual Compensation Insurance Corporation.” It became licensed on June 1, 1914 and commenced business on July 1, 1914.

  • This Attachment describes the requirements for PACIFIC to bill xxx record all charges CLEC incurs for purchasing Local Services for resale and for Network Elements and combinations, and describes the requirements for PACIFIC and CLEC to bill xxx record all charges incurred to provide Meet Point Billing and Mutual Compensation.

  • To the knowledge of Washington Mutual, there is no pending investigation or enforcement action by the PBGC, the Department of Labor or IRS or any other governmental agency with respect to any Washington Mutual Compensation and Benefit Plan, except for any such investigation or actions as are not material to Washington Mutual and its Subsidiaries.

  • XXVII-11 27.11 Mutual Compensation .....................................................................................


More Definitions of Mutual Compensation

Mutual Compensation as defined in Appendix Reciprocal Compensation. 1.1. 106 “Network Data Mover” (NDM) is an industry standard protocol for transferring information electrically.
Mutual Compensation as defined in the Amendment to Time Warner Telecom Contracts Superseding Certain Compensation, Interconnection and Trunking Provisions.
Mutual Compensation. Subject to section 3.2.1.2 of this Agreement, the Parties shall compensate each other for the exchange of Local Traffic in accordance with Appendix C attached to this Agreement and made a part hereof. Charges for the transport and termination of intraLATA toll, optional EAS arrangements and interexchange traffic shall be in accordance with the Parties’ respective intrastate or interstate access tariffs, as appropriate.
Mutual Compensation as defined in Appendix Reciprocal Compensation. IV. Section 20 of the General Terms and Conditions of the Agreement is replaced in its entirety with the following language: 20.1 Both Parties agree to treat Proprietary Information received from the other in accordance with the provisions of Section 222 of the Act. 20.2 Unless otherwise agreed, the obligations of confidentiality and non-use do not apply to such Proprietary Information that: 20.2.1 Was at the time of receipt, already known to the Receiving Party, free of any obligation to keep confidential and evidenced by written records prepared prior to delivery by the Disclosing Party; or 20.2.2 Is, or becomes publicly known through no wrongful act of the Receiving Party; or 20.2.3 Is rightfully received from a Third Party having no direct or indirect secrecy or confidentiality obligation to the Disclosing Party with respect to such information; provided that such Receiving Party has exercised commercially reasonable efforts to determine whether such Third Party has any such obligation; or 20.2.4 Is independently developed by an agent, employee representative or Affiliate of the Receiving Party and such Party is not involved in any manner with the provision of services pursuant to this Agreement and does not have any direct or indirect access to the Proprietary Information; or 20.2.5 Is disclosed to a Third Party by the Disclosing Party without similar restrictions on such Third Party's rights; or 20.2.6 Is approved for release by written authorization of the Disclosing Party, but only to the extent of the authorization granted; or 20.2.7 Is required to be made public or disclosed by the Receiving Party pursuant to Applicable Law or regulation or court order or lawful process. V. Section 21.1 of the General Terms and Conditions of the Agreement is replaced in its entirety with the following Intervening Law Language: 21.1 This Agreement is entered into as a result of both private negotiations between the Parties and the incorporation of some of the results of arbitration by the Commissions. In the event that any of the rates, terms and/or conditions herein, or any of the laws or regulations that were the basis or rationale for such rates, terms and/or conditions in the Agreement, are invalidated, modified or stayed by any action of any state or federal regulatory or legislative bodies or courts of competent jurisdiction, the affected provision shall be immediately invalidated, modified, or stayed, consiste...
Mutual Compensation is the compensation agreed upon by the Parties for those "Local Calls" that originate on one network and terminate on the other network.

Related to Mutual Compensation

  • Final compensation of a member means:

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Contractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Basic Compensation means Salary and Benefits.

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Average final compensation means the average annual creditable compensation of a member during

  • Eligible Compensation means (i) for eligible exempt employees, such employee’s base salary at the time the Bonus or Spot Bonus is determined (prorated for time in an eligible position), and (ii) for eligible non-exempt and non-union hourly employees, such employees’ eligible wages for the applicable year as determined by the Company to be required by law.

  • 415 Compensation means:

  • Creditable compensation means the full compensation payable annually to an employee working

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.