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US LEC of Tennessee Inc. - Kentucky Public Service Commission

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General Terms and Conditions - Part APage 1415.3 Execution <strong>of</strong> this Agreement by either Party does not confirm or infer thatthe executing Party agrees with any decision(s) issued pursuant to theTelecommunications Act <strong>of</strong> 1996 and the consequences <strong>of</strong> those decisionson specific language in this Agreement. Neither Party waives its rights toappeal or otherwise challenge any such decision(s) and each Partyreserves all <strong>of</strong> its rights to pursue any and all legal and/or equitableremedies, including appeals <strong>of</strong> any such decision(s).15.4 In the event that any final and nonappealable legislative, regulatory, judicialor other legal action materially affects any material terms <strong>of</strong> this Agreement,or the ability <strong>of</strong> <strong>US</strong> <strong>LEC</strong> or BellSouth to perform any material terms <strong>of</strong> thisAgreement, <strong>US</strong> <strong>LEC</strong> or BellSouth may, on thirty (30) days’ written noticerequire that such terms be renegotiated, and the Parties shall renegotiate ingood faith such mutually acceptable new terms as may be required. In theevent that such new terms are not renegotiated within ninety (90) days aftersuch notice, the Dispute shall be referred to the Dispute Resolutionprocedure set forth in Section 11.15.5 If any provision <strong>of</strong> this Agreement, or the application <strong>of</strong> such provision toeither Party or circumstance, shall be held invalid, the remainder <strong>of</strong> theAgreement, or the application <strong>of</strong> any such provision to the Parties orcircumstances other than those to which it is held invalid, shall not beeffective thereby, provided that the Parties shall attempt to reformulate suchinvalid provision to give effect to such portions there<strong>of</strong> as may be validwithout defeating the intent <strong>of</strong> such provision.16. WaiversA failure or delay <strong>of</strong> either Party to enforce any <strong>of</strong> the provisions here<strong>of</strong>, toexercise any option which is herein provided, or to require performance <strong>of</strong>any <strong>of</strong> the provisions here<strong>of</strong> shall in no way be construed to be a waiver <strong>of</strong>such provisions or options, and each Party, notwithstanding such failure,shall have the right thereafter to insist upon the specific performance <strong>of</strong> anyand all <strong>of</strong> the provisions <strong>of</strong> this Agreement.17. Governing LawThis Agreement shall be governed by the laws <strong>of</strong> the States in theTerritory, as applicable to performance here<strong>of</strong> in each state, and federallaw, as applicable, including the Act.18. Arm’s Length NegotiationsThe Parties acknowledge and agree that each are sophisticated providers<strong>of</strong> telecommunications services in their authorized service areas and that10/19/99<strong>Kentucky</strong>24 <strong>of</strong> 303

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