Common use of Responsibility for Payment Clause in Contracts

Responsibility for Payment. The Parties will render to each other monthly bill(s) for interconnection and facilities provided hereunder at the rates set forth in the Pricing Attachment of this Agreement. Each Party shall pay bills in accordance with terms of this Agreement. In the event that a Party defaults on its payment obligation to the other Party, the other Party's obligation to provide service to the defaulting Party will be terminated under this Agreement, and any security deposits held will be applied to the outstanding balance owed by the defaulting Party to the billing Party.

Appears in 4 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

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Responsibility for Payment. The Parties will render to each the other monthly bill(sxxxx(s) for interconnection and facilities provided hereunder at the rates set forth in the Pricing Attachment of this Agreement. Each Party shall pay bills in accordance with the terms of this Agreement. In the event that a Party defaults on its payment obligation to the other Party, the other Party's obligation to provide ’s service to the defaulting Party will be terminated under in accordance with state and federal law and the provisions of this Agreement, Agreement and any security deposits held will be applied to the outstanding balance owed by the defaulting Party to the billing Party.

Appears in 1 contract

Samples: Interconnection Agreement

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