ZPDI definition
Examples of ZPDI in a sentence
Anything in the forgoing to the contrary notwithstanding, Borrower may sell, transfer, assign or submit to ZPDI for processing, free of Foothill's security interest, Accounts which arise solely from operator service traffic, PROVIDED, HOWEVER, that Foothill's security interest shall attach to the proceeds of any such Accounts sold, transferred, assigned, or submitted to ZPDI for processing, consisting of rights to payment from ZPDI.
In addition, Borrower shall not, without the prior written consent of Foothill in each instance, sell to ZPDI, transfer to ZPDI, assign to ZPDI, or submit for processing to ZPDI any Account that in turn is to be sold, transferred, assigned, or submitted by ZPDI to a LEC with which Borrower directly is party to a Billing Services Agreement that would entitle Borrower directly to submit such Account to such LEC for billing and payment pursuant to such Billing Services Agreement between Borrower and such LEC.
The only exceptions to this release are the obligations of AMNEX and NTI under this Agreement, the Settlement Agreement, as amended hereby, and the ZPDI Agreement.