Common use of Undertaking of the Parties Clause in Contracts

Undertaking of the Parties. 2.1 The Secondary Company will notify the Primary Company of all tariff rate revisions affecting this Appendix, which the FCC or other appropriate regulatory authority allows to take effect, at least thirty (30) days in advance of their effective date. Revenue distribution will be based on the revised rates forty-five (45) days after the effective date of the tariff revisions. However, if the secondary Company fails to notify the Primary Company of a new rate within thirty (30) days of its effective date, the Primary company may delay implementation of the new rate until the next month's revenue distribution cycle, and will not be required to adjust the previous bills retroactively. 2.2 Each party will furnish to the other such information as may reasonably be required for the administration, computation and distribution of revenue, or otherwise to execute the provisions of this Appendix.

Undertaking of the Parties. 2.1 The Secondary Company will notify the Primary Company of all tariff rate revisions revisions, affecting this Appendix, Appendix which the FCC or other appropriate regulatory authority allows to take effect, at least thirty (30) 30 days in advance of their effective date. Revenue distribution will be based on the revised rates forty-five (45) 45 days after the effective date of the tariff revisions. However, if the secondary Company fails to notify the Primary Company of a new rate within thirty (30) 30 days of its effective date, the Primary company may delay implementation of the new rate until the next month's month s revenue distribution cycle, and will not be required to adjust the previous bills retroactivelyretroactive. 2.2 Each party will furnish to the other such information as may reasonably be required for the administration, computation and distribution of revenue, or otherwise to execute the provisions of this Appendixappendix.