Common use of a Surety Bond Clause in Contracts

a Surety Bond. The Cash Deposit, Letter of Credit or Surety Bond must be the greater of an amount up to three (3) months anticipated charges (including, but not limited to, recurring, non-recurring and usage sensitive charges, termination charges and advance payments), a minimum of $10,000 per legal entity, per state as submitted on the credit application or as reasonably determined by AT&T-21STATE, for the Interconnection product and/or services, and Collocation or any other functions, facilities, products and/or services to be furnished by AT&T-21STATE under this Agreement. Estimated xxxxxxxx are calculated based upon the monthly average of the previous six (6) months current xxxxxxxx, if WSP has received service from AT&T-21STATE during such period at a level comparable to that anticipated to occur over the next six (6) months. If either WSP or AT&T-21STATE has reason to believe that the level of service to be received during the next six (6) months will be materially higher or lower than received in the previous six (6) months, WSP and AT&T-21STATE shall agree on a level of estimated xxxxxxxx based on all relevant information.

a Surety Bond. The Cash Deposit, Letter of Credit or Surety Bond must be the greater of an amount up to three (3) months anticipated charges (including, but not limited to, recurring, non-recurring and usage sensitive charges, termination charges and advance payments), a minimum of $10,000 per legal entity, per state as submitted on the credit application or as reasonably determined by AT&T-21STATE, for the Interconnection product and/or services, and Collocation or any other functions, facilities, products and/or services to be furnished by AT&T-21STATE under this Agreement. Estimated xxxxxxxx are calculated based upon the monthly average of the previous six (6) months current xxxxxxxx, if WSP has received service from AT&T-21STATE during such period at a level comparable to that anticipated to occur over the next six (6) months. If either WSP or AT&T-21STATE has reason to believe that the level of service to be received during the next six (6) months will be materially higher or lower than received in the previous six (6) months, WSP and AT&T-21STATE shall agree on a level of estimated xxxxxxxx based on all relevant information.. CN:03292017-7376 000024

a Surety Bond. The Cash Deposit, Letter of Credit or Surety Bond must be the greater of an amount up to three (3) months anticipated charges (including, but not limited to, recurring, non-recurring and usage sensitive charges, termination charges and advance payments), a minimum of $10,000 per legal entity, per state as submitted on the credit application or as reasonably determined by AT&T-21STATE, for the Interconnection product and/or services, and Collocation or any other functions, facilities, products and/or services to be furnished by AT&T-21STATE under this Agreement. Estimated xxxxxxxx are calculated based upon the monthly average of the previous six (6) months current xxxxxxxx, if WSP has received service from AT&T-21STATE during such period at a level comparable to that anticipated to occur over the next six (6) months. If either WSP or AT&T-21STATE has reason to believe that the level of service to be received during the next six (6) months will be materially higher or lower than received in the previous six (6) months, WSP and AT&T-21STATE shall agree on a level of estimated xxxxxxxx based on all relevant information. Page 26 of 339 Contract Id: 8363332 9.6 AT&T-21STATE reserves the right to request that WSP submit an updated Credit Application and provide a larger Assurance of Payment in the event that this Agreement is amended to add additional states and/or entities.