Common use of AT&T Clause in Contracts

AT&T. 22STATE may, but is not obligated to, draw on the Letter of Credit or the Cash Deposit, as applicable, upon the occurrence of any one of the following events: 10.8.1 CLEC owes AT&T-22STATE undisputed charges under this Agreement that are more than thirty (30) calendar days past due; or 10.8.2 CLEC admits its inability to pay its debts as such debts become due, has commenced a voluntary case (or has had an involuntary case commenced against it) under the U.S. Bankruptcy Code or any other law relating to insolvency, reorganization, winding-up, composition or adjustment of debts or the like, has made an assignment for the benefit of creditors or is subject to a receivership or similar proceeding; or 10.8.3 The expiration or termination of this Agreement.

AT&T. 22STATE 21STATE may, but is not obligated to, draw on the Letter of Credit or the Cash Deposit, as applicable, upon the occurrence of any one of the following events: 10.8.1 CLEC owes AT&T-22STATE AT&T-21STATE undisputed charges under this Agreement that are more than thirty (30) calendar days past due; or 10.8.2 CLEC admits its inability to pay its debts as such debts become due, has commenced a voluntary case (or has had an involuntary case commenced against it) under the U.S. Bankruptcy Code or any other law relating to insolvency, reorganization, winding-up, composition or adjustment of debts or the like, has made an assignment for the benefit of creditors or is subject to a receivership or similar proceeding; or 10.8.3 The expiration or termination of this Agreement.

AT&T. 22STATE may, but is not obligated to, draw on the Letter of Credit or the Cash Deposit, as applicable, upon the occurrence of any one of the following events: 10.8.1 CLEC owes AT&T-22STATE undisputed charges under this Agreement that are more than thirty (30) calendar days past due; or 10.8.2 CLEC admits its inability to pay its debts as such debts become due, has commenced a voluntary case (or has had an involuntary case commenced against it) under the U.S. U.S Bankruptcy Code or any other law relating to insolvency, reorganization, winding-up, composition or adjustment of debts or the like, has made an assignment for the benefit of creditors or is subject to a receivership or similar proceeding; or 10.8.3 The expiration or termination of this Agreement.

AT&T. 22STATE may, but is not obligated to, draw on the Letter of Credit or the Cash Deposit, as applicable, upon the occurrence of any one of the following events: 10.8.1 CLEC 16.8.1 Carrier owes AT&T-22STATE undisputed charges under this Agreement that are more than thirty (30) calendar days past due; or 10.8.2 CLEC 16.8.2 Carrier admits its inability to pay its debts as such debts become due, has commenced a voluntary case (or has had an involuntary case commenced against it) under the U.S. Bankruptcy Code or any other law relating to insolvency, reorganization, winding-up, composition or adjustment of debts or the like, has made an assignment for the benefit of creditors or is subject to a toa receivership or similar proceeding; or 10.8.3 16.8.3 The expiration or termination of this Agreement.

AT&T. 22STATE may, but is not obligated to, draw on the Letter of Credit or the Cash Deposit, as applicable, upon the occurrence of any one of the following events: 10.8.1 CLEC 16.8.1 Carrier owes AT&T-22STATE undisputed charges under this Agreement that are more than thirty (30) calendar days past due; or 10.8.2 CLEC 16.8.2 Carrier admits its inability to pay its debts as such debts become due, has commenced a voluntary case (or has had an involuntary case commenced against it) under the U.S. Bankruptcy Code or any other law relating to insolvency, reorganization, winding-up, composition or adjustment of debts or the like, has made an assignment for the benefit of creditors or is subject to a receivership or similar proceeding; or 10.8.3 16.8.3 The expiration or termination of this Agreement.

AT&T. 22STATE may, but is not obligated to, draw on the Letter of Credit or the Cash Deposit, as applicable, upon the occurrence of any one of the following events: 10.8.1 CLEC owes AT&T-22STATE undisputed charges under this Agreement that are more than thirty (30) calendar days past due; or 10.8.2 CLEC admits its inability to pay its debts as such debts become due, has commenced a voluntary case (or has had an involuntary case commenced against it) under the U.S. Bankruptcy Code or any other law relating to insolvency, reorganization, winding-up, composition or adjustment of debts or the like, has made an assignment for the benefit of creditors or is subject to a receivership or similar proceeding; or or Page 29 of 859 Contract Id: 44158680251928 10.8.3 The expiration or termination of this Agreement.

AT&T. 22STATE may, but is not obligated to, draw on the Letter of Credit or the Cash Deposit, as applicable, upon the occurrence of any one of the following events: 10.8.1 CLEC owes AT&T-22STATE undisputed charges under this Agreement that are more than thirty (30) calendar days past due; or 10.8.2 CLEC admits its inability to pay its debts as such debts become due, has commenced a voluntary case (or has had an involuntary case commenced against it) under the U.S. Bankruptcy Code or any other law relating to insolvency, reorganization, winding-up, composition or adjustment of debts or the like, has made an assignment for the benefit of creditors or is subject to a receivership or similar proceeding; or or Page 29 of 859 Contract Id: 44128582221826 10.8.3 The expiration or termination of this Agreement.

AT&T. 22STATE 21STATE may, but is not obligated to, draw on the Letter of Credit or the Cash Deposit, as applicable, upon the occurrence of any one of the following events: 10.8.1 CLEC owes AT&T-22STATE AT&T-21STATE undisputed charges under this Agreement that are more than thirty (30) calendar days past duePast Due; or 10.8.2 CLEC admits its inability to pay its debts as such debts become due, has commenced a voluntary case (or has had an involuntary case commenced against it) under the U.S. Bankruptcy Code or any other law relating to insolvency, reorganization, winding-up, composition or adjustment of debts or the like, has made an assignment for the benefit of creditors or is subject to a receivership or similar proceeding; or 10.8.3 The expiration or termination of this Agreement.. Contract Id: 4453787 Version: 3Q14 – Standalone Intercarrier Compensation – 09/30/14

AT&T. 22STATE may, but is not obligated to, draw on the Letter of Credit or the Cash Deposit, as applicable, upon the occurrence of any one of the following events: 10.8.1 CLEC owes AT&T-22STATE undisputed charges under this Agreement that are more than thirty (30) calendar days past due; or 10.8.2 CLEC admits its inability to pay its debts as such debts become due, has commenced a voluntary case (or has had an involuntary case commenced against it) under the U.S. Bankruptcy Code or any other law relating to insolvency, reorganization, winding-up, composition or adjustment of debts or the like, has made an assignment for the benefit of creditors or is subject to a receivership or similar proceeding; oror CN:10142013-1243 000027 10.8.3 The expiration or termination of this Agreement.

AT&T. 22STATE may, but is not obligated to, draw on the Letter of Credit or the Cash Deposit, as applicable, upon the occurrence of any one of the following events: 10.8.1 CLEC owes AT&T-22STATE undisputed charges under this Agreement that are more than thirty (30) calendar days past due; or 10.8.2 CLEC admits its inability to pay its debts as such debts become due, has commenced a voluntary case (or has had an involuntary case commenced against it) under the U.S. Bankruptcy Code or any other law relating to insolvency, reorganization, winding-up, composition or adjustment of debts or the like, has made an assignment for the benefit of creditors or is subject to a receivership or similar proceeding; or or Page 2394 of 239061 Contract Id: 44124820640127 10.8.3 The expiration or termination of this Agreement.

AT&T. 22STATE may, but is not obligated to, draw on the Letter of Credit or the Cash Deposit, as applicable, upon the occurrence of any one of the following events: 10.8.1 CLEC owes AT&T-22STATE undisputed charges under this Agreement that are more than thirty (30) calendar days past due; or 10.8.2 CLEC admits its inability to pay its debts as such debts become due, has commenced a voluntary case (or has had an involuntary case commenced against it) under the U.S. Bankruptcy Code or any other law relating to insolvency, reorganization, winding-up, composition or adjustment of debts or the like, has made an assignment for the benefit of creditors or is subject to a receivership or similar proceeding; or or Page 29 of 308 Contract Id: 4176233 10.8.3 The expiration or termination of this Agreement.