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 the originating Party has no obligation to pay terminating charges to the terminating Party.
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.
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 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.
Bill and Keep or “Bill-and-Keep Arrangement” A compensation arrangement whereby the Parties do not render bills to each other for the termination of Local Traffic and ISP-Bound Traffic that qualifies for Bill- and-Keep treatment under this Agreement. Under a Bill-and-Keep Arrangement, a Party terminates such traffic originating from End Users of the other Party without explicitly charging the originating 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 User Customers 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.
Bill and Keep means that either party may track traffic exchanged between the parties but neither party shall bill the other for such traffic and no compensation for such traffic shall be paid from one party to the other.
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 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.