Common use of Rate Base Clause in Contracts

Rate Base. Except for amounts that are disallowed or excluded due --------- to regulation applied generically to all Local Exchange Carriers, as listed on Schedule 2.7., neither the Company nor any of its Subsidiaries has any material amount of inventory, plant or equipment that has been disallowed from rate base or excluded from the revenue calculations for any pool, and neither the Company nor any of its Subsidiaries has received notification that the FCC or any state regulatory authority or pool administrator proposes to exclude any assets from rate base or revenue calculations for the pools.

Rate Base. Except for amounts that are disallowed or excluded due --------- to regulation applied generically to all Local Exchange Carriers, as listed on Schedule 2.7.local exchange carriers, neither the Company nor any of its Subsidiaries Subsidiary thereof has any material amount of inventory, plant or equipment that has been disallowed from rate base or excluded from the revenue calculations for any pool, pool and neither the Company nor any of its Subsidiaries Subsidiary thereof has received notification that the FCC or any state regulatory authority or pool administrator proposes to exclude any assets from rate base or revenue calculations for the pools.

Rate Base. Except for amounts that are disallowed or excluded due --------- to regulation applied generically to all Local Exchange Carriers, as listed on Schedule 2.7.local exchange carriers, neither the Company nor any of its Subsidiaries has any material amount of inventory, plant or equipment that has been disallowed from rate base or excluded from the revenue calculations for any pool, pool and neither the Company nor any of its Subsidiaries has received notification that the FCC or any state regulatory authority or pool administrator proposes to exclude any assets from rate base or revenue calculations for the pools.

Rate Base. Except for amounts that are disallowed or excluded due --------- to regulation applied generically to all Local Exchange Carriers, as listed on Schedule 2.7.local exchange carriers, neither the Company nor any of its Subsidiaries Subsidiary has any material amount of inventory, plant or equipment that has been disallowed from rate base or excluded from the revenue calculations for any pool, pool and neither the Company nor any of its Subsidiaries Subsidiary has received notification that the FCC or any state regulatory authority or pool administrator proposes to exclude any assets from rate base or revenue calculations for the pools.