Target Rate. The applicable Target Rate shall be defined as follows:
(1) For regional Bell Operating Companies and GTE, $0.0055 per ATS minute of use;
(2) For a holding company with a holding company average of less than 19 Switched Access End User Common Line charge lines per square mile served such company may elect to use a Target Rate of $0.0095 with respect to all exchanges owned by that holding company on July 1, 2000, or which that holding company is, as of April 1, 2000, under a binding and executed contract to purchase;
(3) For other price cap local exchange carriers, $0.0065 per ATS minute of use.