Transit Rate definition

Transit Rate is the rate that applies to local and toll calls sent between a LEC and a CLC destined for a third-party LEC or CLC.
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Transit Rate the rate payable relating to a Transit Call. Transit Rates will be updated from time to time in accordance with clause 8.6.1;
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Examples of Transit Rate in a sentence

  • The Transit Rate element is only applicable when calls do not terminate to the other Party's End User.

  • The originating Party is responsible for payment of the Transit Rate.

  • Transit Service shall be subject to the Transit Rate that existed prior to this Amendment, and any adjustment to reciprocal compensation rate element(s) that are assessed by a Party for terminating Non- Access Telecommunications Traffic pursuant to the Order shall not apply for purposes of calculating the rate(s) to be charged by CenturyLink for providing a Transit Service.

  • Service Order Fee [****] Reconfiguration Charge [****] Install Charge [****] Sprint PCS (Customer) Neutral Tandem (Carrier) * Transit Rate reflects a one-time, Promotional Rate made available to customer for so long as Customer is billed an equivalent rate by Verizon in LATA 236.

  • First 10,000,000 minutes - Local [***] [***] [***] Next 15,000,000 minutes - Local [***] [***] [***] All minutes above 25,000,000 - Local [***] [***] [***] Service Order Fee [***] Reconfiguration Charge [***] Install Charge [***] Sprint PCS (Customer) Neutral Tandem (Carrier) * Transit Rate reflects a one-time, Promotional Rate made available to customer for so long as Customer is billed an equivalent rate by Verizon in LATA 236.

  • Transit Rate: When Pac-West uses a GTE access tandem to originate a call to a third party LEC, another CLC, a wireless service provider or another Pac-West end office, Pac-West shall compensate GTE at the rate of $.0015 per minute.

  • Transit Service shall be subject to the Transit Rate that existed prior to this Amendment, and any adjustment to reciprocal compensation rate element(s) that are assessed by a Party for terminating Non- Access Telecommunications Traffic pursuant to the Orders shall not apply for purposes of calculating the rate(s) to be charged by CenturyLink for providing a Transit Service.

Related to Transit Rate

  • Unit Rate means as set out in the Quotation Document;

  • Profit Rate means the profit rate payable from time to time in respect of the Certificates and that is either specified in the applicable Final Terms or calculated or determined in accordance with the provisions hereof;

  • Three-Month LIBOR Rate means the rate determined in accordance with the following provisions:

  • Original Benchmark Rate on any day means (subject to § 3(4)) the [1 / 3 / 6 / 12]-month Euro Interbank Offered Rate (expressed as a percentage rate per annum) fixed at, and appearing on the Screen Page as of, 11:00 a.m. (Brussels time) on such day.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.