Common use of Deposit Policy Clause in Contracts

Deposit Policy. Prior to the inauguration of service or, thereafter, upon AT&T’s request, Global Connection shall complete the AT&T Credit Profile (AT&T form) and provide information to AT&T regarding Global Connection’s credit and financial condition. Based on AT&T’s analysis of the AT&T Credit Profile and other relevant information regarding Global Connection’s credit and financial condition, AT&T reserves the right to require Global Connection to provide AT&T with a suitable form of security deposit for Global Connection’s account(s). If, in AT&T’s sole discretion, circumstances so warrant and/or Global Connection’s gross monthly billing has increased, AT&T reserves the right to request additional security (or to require a security deposit if none was previously requested) and/or file a Uniform Commercial Code (UCC-1) security interest in Global Connection’s “accounts receivables and proceeds”. 1.3.1 Security deposit shall take the form of cash, an irrevocable letter of credit (AT&T form), surety bond (AT&T form) or, in AT&T’s sole discretion, some other form of security proposed by Global Connection and accepted by AT&T. Any such security deposit shall in no way release Global Connection from its obligation to make complete and timely payments of its bill(s). If AT&T requires Global Connection to provide a security deposit, Global Connection shall provide such security deposit prior to the inauguration of service or within fifteen (15) days of AT&T’s request, as applicable. Security deposit request notices will be sent to Global Connection via certified mail or overnight delivery. Such notice period will start the day after the deposit request notice is rendered by certified mail or overnight delivery. Interest on a cash security deposit shall accrue and be applied or refunded in accordance with the terms in AT&T’s GSST. 1.3.2 Security deposits collected under this Section shall not exceed two (2) months’ estimated billing for services pursuant to this Agreement. Estimated xxxxxxxx are calculated based upon the monthly average of the previous six (6) months current xxxxxxxx, if Global Connection has received service from AT&T during such period at a level comparable to that anticipated to occur over the next six (6) months. If either Global Connection or AT&T 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, Global Connection and AT&T shall agree on a level of estimated xxxxxxxx based on all relevant information. 1.3.3 In the event Global Connection fails to provide AT&T with a suitable form of security deposit or additional security deposit as required herein, defaults on its account(s), or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time required, service to Global Connection may be Suspended, Discontinued or Terminated in accordance with the terms of Section 1.5 below. Upon Termination of services, AT&T shall apply any security deposit to Global Connection’s final bill for its account(s). If no bill is rendered to Global Connection, AT&T shall, nevertheless, apply any security deposit to Global Connection’s outstanding balance. 1.3.3.1 At least seven (7) days prior to the expiration of any letter of credit provided by Global Connection as security under this Agreement, Global Connection shall renew such letter of credit or provide AT&T with evidence that Global Connection has obtained a suitable replacement for the letter of credit. If Global Connection fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to draw down the full amount of such letter of credit and utilize the cash proceeds as security for Global Connection accounts(s). If Global Connection provides a security deposit or additional security deposit in the form of a surety bond as required herein, Global Connection shall renew the surety bond or provide AT&T with evidence that Global Connection has obtained a suitable replacement for the surety bond at least seven (7) days prior to the cancellation date of the surety bond. If Global Connection fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global Connection’s account(s). If the credit rating of any bonding company that has provided Global Connection with a surety bond provided as security hereunder has fallen below B, AT&T will provide written notice to Global Connection that Global Connection must provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Global Connection fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global Connection’s account(s). Notwithstanding anything contained in this Agreement to the contrary, AT&T shall be authorized, in its sole discretion, to draw down the full amount of any letter of credit or take action on any surety bond provided by Global Connection as security hereunder if Global Connection defaults on its account(s) or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time, as required herein and apply the cash proceeds to any outstanding balance on Global Connection’s accounts and utilize any remaining cash proceeds as security for Global Connection’s account(s).

Deposit Policy. Prior to the inauguration of service or, thereafter, upon AT&T’s request, Global Connection Universal Telecom, Inc shall complete the AT&T Credit Profile (AT&T form) and provide information to AT&T regarding Global ConnectionUniversal Telecom, Inc’s credit and financial condition. Based on AT&T’s analysis of the AT&T Credit Profile and other relevant information regarding Global ConnectionUniversal Telecom, Inc’s credit and financial condition, AT&T reserves the right to require Global Connection Universal Telecom, Inc to provide AT&T with a suitable form of security deposit for Global ConnectionUniversal Telecom, Inc’s account(saccountI(fs, )in. If, in AT&T’s sole discretion, circumstances so warrant and/or Global ConnectionUneirvsal Telecom, Inc’s gross monthly billing has gorss monthlybillinghas increased, AT&T reserves the right to request additional security (or to require a security deposit if none was previously requested) and/or file a Uniform Commercial Code (UCC-1) security interest in Global ConnectionUniversal Telecom, Inc’s “accounts receivables and proceeds”. 1.3.1 Security deposit shall take the form of cash, an irrevocable letter of credit (AT&T form), surety bond (AT&T form) or, in AT&T’s sole discretion, some other form of security proposed by Global Connection Universal Telecom, Inc and accepted by AT&T. Any such security deposit shall in no way release Global Connection Universal Telecom, Inc from its obligation to make complete and compteleand timely payments of its oitfs bill(s). If AT&T requires Global Connection Universal Telecom, Inc to provide a security deposit, Global Connection Universal Telecom, Inc shall provide such security deposit prior to the inauguration of service or within fifteen (15) days of AT&T’s request, as applicable. Security deposit request notices will neosticwill be sent to Global Connection Universal Telecom, Inc via certified mail certifiedmail or overnight delivery. Such notice period noeticperiod will start the day after the deposit request notice is rendered by certified mail or overnight delivery. Interest on a cash security deposit shall accrue and be applied or refunded in accordance with the terms in AT&T’s GSST. 1.3.2 Security deposits collected under this Section shall not shnaollt exceed two (2) months’ estimated billing month’sestimatedbilling for services pursuant to this Agreement. Estimated Estimtead xxxxxxxx are calculated based upon the monthly themonthly average of the previous six (6) months current xxxxxxxxcurrebnitllings, if Global Connection Universal Telecom, Inc has received service from AT&T during such period at a level comparable to that anticipated to occur over the next six (6) months. If either Global Connection Universal Telecom, Inc or AT&T has reason to believe that the level of service to be received during the next six (6) months will be materially higher or montwhsill bematerially higheror lower than received in the previous six (6) months, Global Connection Universal Telecom, Inc and AT&T shall agree on a level of estimated xxxxxxxx based on all relevant information. 1.3.3 In the event Global Connection Universal Telecom, Inc fails to provide AT&T with a suitable form of security deposit or additional security deposit as required herein, defaults on its account(s), or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time required, service to Global Connection may Universal Telecom, Incmay be Suspended, Discontinued or Terminated in accordance with the terms of Section 1.5 below. Upon Termination of services, AT&T shall apply any security deposit to Global Connection’s final bill Universal Telecom, Incn’saflibill for its account(s). If account(s).If no bill is rendered to Global ConnectionUniversal Telecom, Inc, AT&T shall, nevertheless, apply any security deposit to Global ConnectionUniversal Telecom, Inc’s outstanding balance. 1.3.3.1 At least seven (7) days prior to the expiration of any letter of credit provided by Global Connection Universal Telecom, Inc as security under this Agreement, Global Connection Universal Telecom, Inc shall renew such letter of credit or provide AT&T with evidence that Global Connection Universal Telecom, Inc has obtained a suitable replacement for the letter of credit. If Global Connection Universal Telecom, Inc fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to draw down the full amount of such letter of credit and utilize the cash proceeds cashproceeds as security for Global Connection Universal Telecom, Inc accounts(s). If Global Connection Universal Telecom, Inc provides a security deposit or additional security deposit in the form of a surety bond as required herein, Global Connection Universal Telecom, Inc shall renew the surety bond or provide AT&T with evidence that Global Connection Universal Telecom, Inc has obtained a suitable replacement for the surety bond at least seven (7) days prior to the cancellation date of the surety bond. If Global Connection Universal Telecom, Inc fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize anudtilize the cash proceeds as security for Global ConnectionUniversal Telecom, Inc’s account(s). If the credit rating of any bonding company that has provided Global Connection Universal Telecom, Inc with a surety bond provided as security hereunder has hereundhears fallen below B, AT&T will AT&Twill provide written notice to Global Connection Universal Telecom, Inc that Global Connection must Universal Telecom, Incmust provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Global Connection Universal Telecom, Inc fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize anudtilize the cash proceeds as security for Global ConnectionUniversal Telecom, Inc’s account(s). Notwithstanding anything contained in this Agreement to the contrary, AT&T shall be authorized, in its sole discretion, to draw down the full amount of any letter of credit or take action on any surety bond provided by Global Connection Universal Telecom, Inc as security hereunder if Global Connection Universal Telecom, Inc defaults on its account(s) or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time, as required herein and apply the cash proceeds to any outstanding balance on Global ConnectionUniversal TelecomIn,c’s accounts and accountsand utilize any remaining cash proceeds as security for Global ConnectionUniversal Telecom, Inc’s account(s).

Deposit Policy. Prior to the inauguration of service or, thereafter, upon AT&T’s request, Global Connection Snap Telecommunications shall complete the AT&T Credit Profile (AT&T form) and provide information to AT&T regarding Global ConnectionSnap Telecommunications’s credit and financial condition. Based on AT&T’s analysis of the AT&T Credit Profile and other relevant information regarding Global ConnectionSnap Telecommunications’s credit and financial condition, AT&T reserves the right to require Global Connection Snap Telecommunications to provide AT&T with a suitable form of security deposit for Global ConnectionSnap Telecommunications’s account(s). Ifaccount(sI)f., in AT&T’s sole discretion, circumstances so warrant and/or Global Connectionwarraanndt/or Snap Telecommunications’s gross monthly billing grosmsonthly billni g has increased, AT&T reserves the right to request additional security (or to require a security deposit if none was previously requested) and/or file a Uniform Commercial Code (UCC-1) security interest in Global ConnectionSnap Telecommunications’s “accounts receivables and proceeds”. 1.3.1 Security deposit shall take the form of cash, an irrevocable letter of credit (AT&T form), surety bond (AT&T form) or, in AT&T’s sole discretion, some other form of security proposed by Global Connection Snap Telecommunications and accepted by AT&T. Any such security deposit shall in no way release Global Connection Snap Telecommunications from its obligation oligbation to make complete and timely payments timlyepayments of its bill(s). If AT&T requires Global Connection Snap Telecommunications to provide a security deposit, Global Connection Snap Telecommunications shall provide such security deposit prior to the inauguration of service or within fifteen (15) days of AT&T’s request, as applicable. Security deposit Securidtyeposit request notices will noticewsill be sent to Global Connection sentto Snap Telecommunications via certified mail or overnight delivery. Such notice period will start the day after the deposit request notice is rendered by certified mail or overnight delivery. Interest on a cash security deposit shall accrue and be applied or refunded in accordance with the terms in AT&T’s GSST. 1.3.2 Security deposits collected under this Section shall not shnaollt exceed two (2) months’ estimated billing month’sestimatedbilling for services pursuant to this Agreement. Estimated Estimtead xxxxxxxx are calculated based upon the monthly themonthly average of the previous six (6) months current xxxxxxxxcurrebnitllings, if Global Connection SnapTelecommunications has received service from AT&T during such period at a level comparable to that anticipated to occur over the next six (6) months. If either Global Connection Snap Telecommunications or AT&T has reason to believe that the level of service to be received during the next six (6s(i6x) months will be materially higher bematerially hgi her or lower than received in the previous six (6) months, Global Connection Snap Telecommunications and AT&T shall agree on a level of estimated xxxxxxxx based on all relevant information. 1.3.3 In the event Global Connection Snap Telecommunications fails to provide AT&T with a suitable form of security deposit or additional security deposit as required herein, defaults on its account(s), or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time required, service to Global Connection Snap Telecommunications may be Suspended, Discontinued or Terminated in accordance with the terms of Section 1.5 below. Upon Termination of services, AT&T shall apply any security deposit to Global Connection’s final bill Snap Telecommunicationsn’salfbi ill for its account(s)account()s. If no bill is rendered to Global ConnectionSnap Telecommunications, AT&T shall, nevertheless, apply any security deposit to Global ConnectionSnap Telecommunications’s outstanding balance. 1.3.3.1 At least seven (7) days prior to the expiration of any letter of credit provided by Global Connection Snap Telecommunications as security under this Agreement, Global Connection Snap Telecommunications shall renew such letter of credit or provide AT&T with evidence that Global Connection Snap Telecommunications has obtained a suitable replacement for the letter of credit. If Global Connection Snap Telecommunications fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to draw down the full amount of such letter of credit and credtiand utilize the cash proceeds cashproceeds as security for Global Connection Snap Telecommunications accounts(s). If Global Connection Snap Telecommunications provides a security deposit or additional security deposit in the form of a surety bond as required herein, Global Connection Snap Telecommunications shall renew the surety bond or provide AT&T with evidence that Global Connection Snap Telecommunications has obtained a suitable replacement for the surety bond at least seven (7) days prior to the cancellation date of the surety bond. If Global Connection Snap Telecommunications fails to comply with the foregoing, AT&T shall thereafter be authorized, in its solediscretion, to take aoctni on the suretybond and utilize the cashproceeds as security for Snap Telecommunications’s account(s). If the credit rating of any bonding company that has provided Snap Telecommunications with a surety bond provided as security hereunder has fallen belowB, AT&Twilpl rovide written notice to SnapTelecommunications that Snap Telecommunications must provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Snap Telecommunications fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global Connection’s account(s). If the credit rating of any bonding company that has provided Global Connection with a surety bond provided as security hereunder has fallen below B, AT&T will provide written notice to Global Connection that Global Connection must provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Global Connection fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global ConnectionSnap Telecommunications’s account(s). Notwithstanding anything contained in this Agreement to the contrary, AT&T shall be authorized, in its sole discretion, to draw down the full amount of any letter of credit or take action on any surety bond provided by Global Connection Snap Telecommunications as security hereunder if Global Connection Snap Telecommunications defaults on its account(s) or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time, as required herein and apply the cash proceeds to any outstanding balance on Global ConnectionSnap Tecleommunications’s accounts and utilize any anudtilizeany remaining cash proceeds as security for Global ConnectionSnap Telecommunications’s account(s).

Deposit Policy. Prior to the inauguration of service Service or, thereafter, upon AT&T’s request, Global Connection CUSTOMER shall complete the AT&T Credit Profile (AT&T form) and provide information to AT&T regarding Global ConnectionCUSTOMER’s credit and financial condition. Based on AT&T’s analysis of the AT&T Credit Profile and other relevant information regarding Global ConnectionCUSTOMER’s credit and financial condition, AT&T reserves the right to require Global Connection CUSTOMER to provide AT&T with a suitable form of security deposit for Global ConnectionCUSTOMER’s account(s)account(sI)f,. If, in AT&T’s sole discretion, circumstances so warrant and/or Global ConnectionCUSTOMER’s gross monthly billing monthlbyilling has increased, AT&T reserves the right to request additional security (or to require a security deposit if none was previously requested) and/or file a Uniform Commercial Code (UCC-1) security interest in Global ConnectionCUSTOMER’s “accounts receivables and proceeds”. 1.3.1 1.4.1 Security deposit shall take the form of cash, an irrevocable letter of credit (AT&T form), surety bond (AT&T form) or, in AT&T’s sole discretion, some other form of security proposed by Global Connection CUSTOMER and accepted by AT&T. Any such security deposit shall in no way release Global Connection CUSTOMER from its obligation to make complete and timely payments of its paymenotfsits bill(s). If AT&T requires Global Connection CUSTOMER to provide a security deposit, Global Connection CUSTOMER shall provide such security deposit prior to the inauguration of service Service or within fifteen (15) days of AT&T’s request, as applicable. Security deposit request notices will be sent to Global Connection CUSTOMER via certified mail or overnight delivery. Such notice period will start the day after the deposit request notice is rendered by certified mail or overnight delivery. Interest on a cash security deposit shall shall, accrue and be applied or refunded in accordance with the terms in AT&T’s GSST. 1.3.2 1.4.2 Security deposits collected under this Section shall 1.h4asll not exceed two (2) months’ estimated billing estimatedbilling for services pursuant to this Agreement. Estimated xxxxxxxx Emstai xxx xxxxxx gs are calculated based upon the monthly themonthly average of the previous six (6) months current xxxxxxxxcurrebnitllings, if Global Connection CUSTOMER has received service from AT&T during such period at a level comparable to that anticipated to occur over the next six (6) months. If either Global Connection CUSTOMER or AT&T has reason to believe that the level of service to be received during the next six (6) months will be materially omnths willbematerially higher or lower than received in the previous six (6) months, Global Connection CUSTOMER and AT&T shall AT&hTasll agree on a level of estimated xxxxxxxx based ofestimated billingsbased on all relevant information. 1.3.3 1.4.3 In the event Global Connection CUSTOMER fails to provide AT&T with a suitable form of security deposit or additional security deposit as required herein, defaults on its account(s), or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time required, service to Global Connection CUSTOMER may be Suspended, Discontinued or and this agreement Terminated in accordance with the terms of Section 1.5 1.6 below. Upon Termination of servicesTermination, AT&T shall apply any security deposit to Global ConnectionCUSTOMER’s final bill for its account(s). If no nIof bill is rendered to Global ConnectionCUSTOMER, AT&T shall, nevertheless, apply any security deposit to Global ConnectionCUSTOMER’s outstanding balance. 1.3.3.1 1.4.3.1 At least seven (7) days prior to the expiration of any letter of credit provided by Global Connection CUSTOMER as security under this Agreement, Global Connection CUSTOMER shall renew such letter of credit or provide AT&T with evidence that Global Connection CUSTOMER has obtained a suitable replacement for the letter of credit. If Global Connection CUSTOMER fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to draw down the full amount of such letter of credit and crediat nd utilize the cash proceeds cashproceeds as security for Global Connection accounts(sCUSTOMER account(s). If Global Connection CUSTOMER provides a security deposit or additional security deposit in the form of a surety bond as required herein, Global Connection CUSTOMER shall renew the surety bond or provide AT&T with evidence that Global Connection CUSTOMER has obtained a suitable replacement for the surety bond at least seven (7) days prior to the cancellation date of the surety bond. If Global Connection CUSTOMER fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize anudtilize the cash proceeds as security for Global ConnectionCUSTOMER’s account(s). If the credit rating of any bonding company that has provided Global Connection CUSTOMER with a surety bond provided as security hereunder has fallen hafasllen below B, AT&T will AT&Twill provide written notice to Global Connection CUSTOMER that Global Connection CUSTOMER must provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Global Connection CUSTOMER fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretionsolediscretion, to take toake action on the surety bond and utilize andutilize the cash proceeds as security for Global ConnectionCUSTOMER’s account(s). Notwithstanding anything contained in this Agreement to the contrary, AT&T shall be authorized, in its sole discretion, to draw down the full amount of any letter of credit or take action on any surety bond provided by Global Connection CUSTOMER as security hereunder if Global Connection CUSTOMER defaults on its account(s) or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time, as required herein and apply the cash proceeds to any outstanding balance on Global ConnectionCUSTOMER’s accounts and utilize any remaining cash proceeds as security for Global Connectionsecuritfyor CUSTOMER’s account(s).

Deposit Policy. Prior to the inauguration of service or, thereafter, upon AT&T’s request, Global Connection Home Phone Services shall complete the AT&T Credit Profile (AT&T form) and provide information to AT&T regarding Global ConnectionHome Phone Services’s credit and financial condition. Based on AT&T’s analysis of the AT&T Credit Profile and other relevant information regarding Global ConnectionHome Phone Services’s credit and financial condition, AT&T reserves the right to require Global Connection Home Phone Services to provide AT&T with a suitable form of security deposit for Global ConnectionHome Phone Services’s account(s). If, in AT&T’s sole discretion, circumstances so warrant and/or Global ConnectionHome Phone Services’s gross monthly billing has increased, AT&T reserves the right to request additional security (or to require a security deposit if none was previously requested) and/or file a Uniform Commercial Code (UCC-1) security interest in Global ConnectionHome Phone Services’s “accounts receivables and proceeds”. 1.3.1 Security deposit shall take the form of cash, an irrevocable letter of credit (AT&T form), surety bond (AT&T form) or, in AT&T’s sole discretion, some other form of security proposed by Global Connection Home Phone Services and accepted by AT&T. Any such security deposit shall in no way release Global Connection Home Phone Services from its obligation to make complete and timely payments of its bill(s). If AT&T requires Global Connection Home Phone Services to provide a security deposit, Global Connection Home Phone Services shall provide such security deposit prior to the inauguration of service or within fifteen (15) days of AT&T’s request, as applicable. Security deposit request notices will be sent to Global Connection Home Phone Services via certified mail or overnight delivery. Such notice period will start the day after the deposit request notice is rendered by certified mail or overnight delivery. Interest on a cash security deposit shall accrue and be applied or refunded in accordance with the terms in AT&T’s GSST. 1.3.2 Security deposits collected under this Section shall not exceed two (2) months’ estimated billing for services pursuant to this Agreement. Estimated xxxxxxxx are calculated based upon the monthly average of the previous six (6) months current xxxxxxxx, if Global Connection Home Phone Services has received service from AT&T during such period at a level comparable to that anticipated to occur over the next six (6) months. If either Global Connection Home Phone Services or AT&T 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, Global Connection Home Phone Services and AT&T shall agree on a level of estimated xxxxxxxx based on all relevant information. 1.3.3 In the event Global Connection Home Phone Services fails to provide AT&T with a suitable form of security deposit or additional security deposit as required herein, defaults on its account(s), or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time required, service to Global Connection Home Phone Services may be Suspended, Discontinued or Terminated in accordance with the terms of Section 1.5 below. Upon Termination of services, AT&T shall apply any security deposit to Global ConnectionHome Phone Services’s final bill for its account(s). If no bill is rendered to Global ConnectionHome Phone Services, AT&T shall, nevertheless, apply any security deposit to Global ConnectionHome Phone Services’s outstanding balance. 1.3.3.1 At least seven (7) days prior to the expiration of any letter of credit provided by Global Connection Home Phone Services as security under this Agreement, Global Connection Home Phone Services shall renew such letter of credit or provide AT&T with evidence that Global Connection Home Phone Services has obtained a suitable replacement for the letter of credit. If Global Connection Home Phone Services fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to draw down the full amount of such letter of credit and utilize the cash proceeds as security for Global Connection Home Phone Services accounts(s). If Global Connection Home Phone Services provides a security deposit or additional security deposit in the form of a surety bond as required herein, Global Connection Home Phone Services shall renew the surety bond or provide AT&T with evidence that Global Connection Home Phone Services has obtained a suitable replacement for the surety bond at least seven (7) days prior to the cancellation date of the surety bond. If Global Connection Home Phone Services fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global ConnectionHome Phone Services’s account(s). If the credit rating of any bonding company that has provided Global Connection Home Phone Services with a surety bond provided as security hereunder has fallen below B, AT&T will provide written notice to Global Connection Home Phone Services that Global Connection Home Phone Services must provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Global Connection Home Phone Services fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global ConnectionHome Phone Services’s account(s). Notwithstanding anything contained in this Agreement to the contrary, AT&T shall be authorized, in its sole discretion, to draw down the full amount of any letter of credit or take action on any surety bond provided by Global Connection Home Phone Services as security hereunder if Global Connection Home Phone Services defaults on its account(s) or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time, as required herein and apply the cash proceeds to any outstanding balance on Global ConnectionHome Phone Services’s accounts and utilize any remaining cash proceeds as security for Global ConnectionHome Phone Services’s account(s).

Deposit Policy. Prior to the inauguration of service or, thereafter, upon AT&T’s request, Global Connection Phone Home shall complete the AT&T Credit Profile (AT&T form) and provide information to AT&T regarding Global ConnectionPhone Home’s credit and financial condition. Based on AT&T’s analysis of the AT&T Credit Profile and other relevant information regarding Global ConnectionPhone Home’s credit and financial condition, AT&T reserves the right to require Global Connection Phone Home to provide AT&T with a suitable form of security deposit for Global ConnectionPhone Home’s account(s). Ifaccount(sI)f., in AT&T’s sole discretion, circumstances so warrant and/or Global ConnectionPhone Home’s gross monthly billing has montyhlbillinghas increased, AT&T reserves the right to request additional security (or to require a security deposit if none was previously requested) and/or file a Uniform Commercial Code (UCC-1) security interest in Global ConnectionPhone Home’s “accounts receivables and proceeds”. 1.3.1 Security deposit shall take the form of cash, an irrevocable letter of credit (AT&T form), surety bond (AT&T form) or, in AT&T’s sole discretion, some other form of security proposed by Global Connection Phone Home and accepted by AT&T. Any such security deposit shall in no way release Global Connection Phone Home from its obligation to make complete and timely payments of its paymenotfsits bill(s). If AT&T requires Global Connection AT&Trequires Phone Home to provide a security deposit, Global Connection Phone Home shall provide such security deposit prior to the inauguration of service or within fifteen (15) days of AT&T’s request, as applicable. Security deposit request notices will noticewsill be sent to Global Connection toPhone Home via certified mail certifiedmail or overnight delivery. Such notice period will start the day theday after the deposit request notice is rendered by certified mail certifiedmail or overnight delivery. Interest on a cash security deposit shall accrue and be applied or refunded in accordance with the terms in AT&T’s GSST. 1.3.2 Security deposits collected under this Section shall not shnaollt exceed two (2) months’ estimated billing month’sestimatedbilling for services pursuant to this Agreement. Estimated Estimtead xxxxxxxx are calculated based upon the monthly themonthly average of the previous six (6) months current xxxxxxxxcurrebnitllings, if Global Connection ifPhone Home has received service from AT&T during such period at a level comparable to that anticipated to occur over the next six (6) months. If either Global Connection Phone Home or AT&T has reason to believe that the level of service to be received during the next six (6) months will be materially omnths willbematerially higher or lower than received in the previous six (6) months, Global Connection Phone Home and AT&T shall AT&Thasll agree on a level of estimated xxxxxxxx based ofestimated billingsbased on all relevant information. 1.3.3 In the event Global Connection Phone Home fails to provide AT&T with a suitable form of security deposit or additional security deposit as required herein, defaults on its account(s), or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time required, service to Global Connection Phone Home may be Suspended, Discontinued or Terminated in accordance with the terms of Section 1.5 below. Upon Termination of services, AT&T shall apply any security deposit to Global ConnectionPhone Home’s final bill for its account(s). If no bill is rendered iserndered to Global ConnectionPhone Home, AT&T shall, nevertheless, apply any security deposit to Global ConnectionPhone Home’s outstanding balance. 1.3.3.1 At least seven (7) days prior to the expiration of any letter of credit provided by Global Connection Phone Home as security under this Agreement, Global Connection Phone Home shall renew such letter of credit or provide AT&T with evidence that Global Connection Phone Home has obtained a suitable replacement for the letter of credit. If Global Connection Phone Home fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to draw down the full amount of such letter of credit ocf redit and utilize the cash proceeds cashproceeds as security for Global Connection Phone Home accounts(s). If Global Connection Phone Home provides a security deposit or additional security deposit in the form of a surety bond as required herein, Global Connection Phone Home shall renew the surety bond or provide AT&T with evidence that Global Connection Phone Home has obtained a suitable replacement for the surety bond at least seven (7) days prior to the cancellation date of the surety bond. If Global Connection Phone Home fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize anudtilize the cash proceeds as security for Global ConnectionPhone Home’s account(s). If the credit rating of any bonding company that has provided Global Connection Phone Home with a surety bond provided as security hereunder has fallen below Bhafasllen belowB, AT&T will provide AT&Twill provdie written notice to Global Connection Phone Home that Global Connection Phone Home must provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Global Connection Phone Home fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretionsolediscretion, to take toake action on the surety bond and utilize andutilize the cash proceeds as security for Global ConnectionPhone Home’s account(s). Notwithstanding anything contained in this Agreement to the contrary, AT&T shall be authorized, in its sole discretion, to draw down the full amount of any letter of credit or take action on any surety bond provided by Global Connection Phone Home as security hereunder if Global Connection Phone Home defaults on its account(s) or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time, as required herein and apply the cash proceeds to any outstanding balance on Global ConnectionPhone Home’s accounts and utilize any remaining cash proceeds as security for Global ConnectionPhone Home’s account(s).

Deposit Policy. Prior to the inauguration of service Service or, thereafter, upon AT&T’s request, Global Connection CUSTOMER shall complete the AT&T Credit Profile (AT&T form) and provide information to AT&T regarding Global ConnectionCUSTOMER’s credit and financial condition. Based on AT&T’s analysis of the AT&T Credit Profile and other relevant information regarding Global ConnectionCUSTOMER’s credit and financial condition, AT&T reserves the right to require Global Connection CUSTOMER to provide AT&T with a suitable form of security deposit for Global ConnectionCUSTOMER’s account(s)account(sI)f,. If, in AT&T’s sole discretion, circumstances so warrant and/or Global ConnectionCUSTOMER’s gross monthly billing monthlbyilling has increased, AT&T reserves the right to request additional security (or to require a security deposit if none was previously requested) and/or file a Uniform Commercial Code (UCC-1) security interest in Global ConnectionCUSTOMER’s “accounts receivables and proceeds”. 1.3.1 1.4.1 Security deposit shall take the form of cash, an irrevocable letter of credit (AT&T form), surety bond (AT&T form) or, in AT&T’s sole discretion, some other form of security proposed by Global Connection CUSTOMER and accepted by AT&T. Any such security deposit shall in no way release Global Connection CUSTOMER from its obligation to make complete and timely payments of its bill(spaymenotfsits xxxx(s). If AT&T requires Global Connection CUSTOMER to provide a security deposit, Global Connection CUSTOMER shall provide such security deposit prior to the inauguration of service Service or within fifteen (15) days of AT&T’s request, as applicable. Security deposit request notices will be sent to Global Connection CUSTOMER via certified mail or overnight delivery. Such notice period will start the day after the deposit request notice is rendered by certified mail or overnight delivery. Interest on a cash security deposit shall shall, accrue and be applied or refunded in accordance with the terms in AT&T’s GSST. 1.3.2 1.4.2 Security deposits collected under this Section shall 1.h4asll not exceed two (2) months’ estimated billing estimatedbilling for services pursuant to this Agreement. Estimated xxxxxxxx Emstai xxx billni gs are calculated based upon the monthly themonthly average of the previous six (6) months current xxxxxxxxcurrebnitllings, if Global Connection CUSTOMER has received service from AT&T during such period at a level comparable to that anticipated to occur over the next six (6) months. If either Global Connection CUSTOMER or AT&T has reason to believe that the level of service to be received during the next six (6) months will be materially omnths willbematerially higher or lower than received in the previous six (6) months, Global Connection CUSTOMER and AT&T shall AT&hTasll agree on a level of estimated xxxxxxxx based ofestimated billingsbased on all relevant information. 1.3.3 1.4.3 In the event Global Connection CUSTOMER fails to provide AT&T with a suitable form of security deposit or additional security deposit as required herein, defaults on its account(s), or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time required, service to Global Connection CUSTOMER may be Suspended, Discontinued or and this agreement Terminated in accordance with the terms of Section 1.5 1.6 below. Upon Termination of servicesTermination, AT&T shall apply any security deposit to Global ConnectionCUSTOMER’s final bill xxxx for its account(s). If no bill nIof xxxx is rendered to Global ConnectionCUSTOMER, AT&T shall, nevertheless, apply any security deposit to Global ConnectionCUSTOMER’s outstanding balance. 1.3.3.1 1.4.3.1 At least seven (7) days prior to the expiration of any letter of credit provided by Global Connection CUSTOMER as security under this Agreement, Global Connection CUSTOMER shall renew such letter of credit or provide AT&T with evidence that Global Connection CUSTOMER has obtained a suitable replacement for the letter of credit. If Global Connection CUSTOMER fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to draw down the full amount of such letter of credit and crediat nd utilize the cash proceeds cashproceeds as security for Global Connection accounts(sCUSTOMER account(s). If Global Connection CUSTOMER provides a security deposit or additional security deposit in the form of a surety bond as required herein, Global Connection CUSTOMER shall renew the surety bond or provide AT&T with evidence that Global Connection CUSTOMER has obtained a suitable replacement for the surety bond at least seven (7) days prior to the cancellation date of the surety bond. If Global Connection CUSTOMER fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize anudtilize the cash proceeds as security for Global ConnectionCUSTOMER’s account(s). If the credit rating of any bonding company that has provided Global Connection CUSTOMER with a surety bond provided as security hereunder has fallen hafasllen below B, AT&T will AT&Twill provide written notice to Global Connection CUSTOMER that Global Connection CUSTOMER must provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Global Connection CUSTOMER fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretionsolediscretion, to take toake action on the surety bond and utilize andutilize the cash proceeds as security for Global ConnectionCUSTOMER’s account(s). Notwithstanding anything contained in this Agreement to the contrary, AT&T shall be authorized, in its sole discretion, to draw down the full amount of any letter of credit or take action on any surety bond provided by Global Connection CUSTOMER as security hereunder if Global Connection CUSTOMER defaults on its account(s) or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time, as required herein and apply the cash proceeds to any outstanding balance on Global ConnectionCUSTOMER’s accounts and utilize any remaining cash proceeds as security for Global Connectionsecuritfyor CUSTOMER’s account(s).

Deposit Policy. Prior to the inauguration of service or, thereafter, upon AT&T’s request, Global Connection Flatphone shall complete the AT&T Credit Profile (AT&T form) and provide information to AT&T regarding Global ConnectionFlatphone’s credit and financial condition. Based on AT&T’s analysis of the AT&T Credit Profile and other relevant information regarding Global ConnectionFlatphone’s credit and financial condition, AT&T reserves the right to require Global Connection Flatphone to provide AT&T with a suitable form of security deposit for Global ConnectionFlatphone’s account(s). If, in AT&T’s sole discretion, circumstances so warrant and/or Global ConnectionFlatphone’s gross monthly billing has increased, AT&T reserves the right to request additional security (or to require a security deposit if none was previously requested) and/or file a Uniform Commercial Code (UCC-1) security interest in Global ConnectionFlatphone’s “accounts receivables and proceeds”. 1.3.1 Security deposit shall take the form of cash, an irrevocable letter of credit (AT&T form), surety bond (AT&T form) or, in AT&T’s sole discretion, some other form of security proposed by Global Connection Flatphone and accepted by AT&T. Any such security deposit shall in no way release Global Connection Flatphone from its obligation to make complete and timely payments of its bill(s). If AT&T requires Global Connection Flatphone to provide a security deposit, Global Connection Flatphone shall provide such security deposit prior to the inauguration of service or within fifteen (15) days of AT&T’s request, as applicable. Security deposit request notices will be sent to Global Connection Flatphone via certified mail or overnight delivery. Such notice period will start the day after the deposit request notice is rendered by certified mail or overnight delivery. Interest on a cash security deposit shall accrue and be applied or refunded in accordance with the terms in AT&T’s GSST. 1.3.2 Security deposits collected under this Section shall not exceed two (2) months’ estimated billing for services pursuant to this Agreement. Estimated xxxxxxxx are calculated based upon the monthly average of the previous six (6) months current xxxxxxxx, if Global Connection Flatphone has received service from AT&T during such period at a level comparable to that anticipated to occur over the next six (6) months. If either Global Connection Flatphone or AT&T 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, Global Connection Flatphone and AT&T shall agree on a level of estimated xxxxxxxx based on all relevant information. 1.3.3 In the event Global Connection Flatphone fails to provide AT&T with a suitable form of security deposit or additional security deposit as required herein, defaults on its account(s), or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time required, service to Global Connection Flatphone may be Suspended, Discontinued or Terminated in accordance with the terms of Section 1.5 below. Upon Termination of services, AT&T shall apply any security deposit to Global ConnectionFlatphone’s final bill for its account(s). If no bill is rendered to Global ConnectionFlatphone, AT&T shall, nevertheless, apply any security deposit to Global ConnectionFlatphone’s outstanding balance. 1.3.3.1 At least seven (7) days prior to the expiration of any letter of credit provided by Global Connection Flatphone as security under this Agreement, Global Connection Flatphone shall renew such letter of credit or provide AT&T with evidence that Global Connection Flatphone has obtained a suitable replacement for the letter of credit. If Global Connection Flatphone fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to draw down the full amount of such letter of credit and utilize the cash proceeds as security for Global Connection Flatphone accounts(s). If Global Connection Flatphone provides a security deposit or additional security deposit in the form of a surety bond as required herein, Global Connection Flatphone shall renew the surety bond or provide AT&T with evidence that Global Connection Flatphone has obtained a suitable replacement for the surety bond at least seven (7) days prior to the cancellation date of the surety bond. If Global Connection Flatphone fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global ConnectionFlatphone’s account(s). If the credit rating of any bonding company that has provided Global Connection Flatphone with a surety bond provided as security hereunder has fallen below B, AT&T will provide written notice to Global Connection Flatphone that Global Connection Flatphone must provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Global Connection Flatphone fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global ConnectionFlatphone’s account(s). Notwithstanding anything contained in this Agreement to the contrary, AT&T shall be authorized, in its sole discretion, to draw down the full amount of any letter of credit or take action on any surety bond provided by Global Connection Flatphone as security hereunder if Global Connection Flatphone defaults on its account(s) or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time, as required herein and apply the cash proceeds to any outstanding balance on Global ConnectionFlatphone’s accounts and utilize any remaining cash proceeds as security for Global ConnectionFlatphone’s account(s).

Deposit Policy. Prior to the inauguration of service or, thereafter, upon AT&T’s request, Global Connection Express Paging shall complete the AT&T Credit Profile (AT&T form) and provide information to AT&T regarding Global ConnectionExpress Paging’s credit and financial condition. Based on AT&T’s analysis of the AT&T Credit Profile and other relevant information regarding Global ConnectionExpress Paging’s credit and financial condition, AT&T reserves the right to require Global Connection Express Paging to provide AT&T with a suitable form of security deposit for Global ConnectionExpress Paging’s account(s). If, in AT&T’s sole discretion, circumstances so warrant and/or Global ConnectionExpress Paging’s gross monthly billing has increased, AT&T reserves the right to request additional security (or to require a security deposit if none was previously requested) and/or file a Uniform Commercial Code (UCC-1) security interest in Global ConnectionExpress Paging’s “accounts receivables and proceeds”. 1.3.1 Security deposit shall take the form of cash, an irrevocable letter of credit (AT&T form), surety bond (AT&T form) or, in AT&T’s sole discretion, some other form of security proposed by Global Connection Express Paging and accepted by AT&T. Any such security deposit shall in no way release Global Connection Express Paging from its obligation to make complete and timely payments of its bill(sxxxx(s). If AT&T requires Global Connection Express Paging to provide a security deposit, Global Connection Express Paging shall provide such security deposit prior to the inauguration of service or within fifteen (15) days of AT&T’s request, as applicable. Security deposit request notices will be sent to Global Connection Express Paging via certified mail or overnight delivery. Such notice period will start the day after the deposit request notice is rendered by certified mail or overnight delivery. Interest on a cash security deposit shall accrue and be applied or refunded in accordance with the terms in AT&T’s GSST. 1.3.2 Security deposits collected under this Section shall not exceed two (2) months’ estimated billing for services pursuant to this Agreement. Estimated xxxxxxxx are calculated based upon the monthly average of the previous six (6) months current xxxxxxxx, if Global Connection Express Paging has received service from AT&T during such period at a level comparable to that anticipated to occur over the next six (6) months. If either Global Connection Express Paging or AT&T 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, Global Connection Express Paging and AT&T shall agree on a level of estimated xxxxxxxx based on all relevant information. 1.3.3 In the event Global Connection Express Paging fails to provide AT&T with a suitable form of security deposit or additional security deposit as required herein, defaults on its account(s), or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time required, service to Global Connection Express Paging may be Suspended, Discontinued or Terminated in accordance with the terms of Section 1.5 below. Upon Termination of services, AT&T shall apply any security deposit to Global ConnectionExpress Paging’s final bill xxxx for its account(s). If no bill xxxx is rendered to Global ConnectionExpress Paging, AT&T shall, nevertheless, apply any security deposit to Global ConnectionExpress Paging’s outstanding balance. 1.3.3.1 At least seven (7) days prior to the expiration of any letter of credit provided by Global Connection Express Paging as security under this Agreement, Global Connection Express Paging shall renew such letter of credit or provide AT&T with evidence that Global Connection Express Paging has obtained a suitable replacement for the letter of credit. If Global Connection Express Paging fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to draw down the full amount of such letter of credit and utilize the cash proceeds as security for Global Connection Express Paging accounts(s). If Global Connection Express Paging provides a security deposit or additional security deposit in the form of a surety bond as required herein, Global Connection Express Paging shall renew the surety bond or provide AT&T with evidence that Global Connection Express Paging has obtained a suitable replacement for the surety bond at least seven (7) days prior to the cancellation date of the surety bond. If Global Connection Express Paging fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global ConnectionExpress Paging’s account(s). If the credit rating of any bonding company that has provided Global Connection Express Paging with a surety bond provided as security hereunder has fallen below B, AT&T will provide written notice to Global Connection Express Paging that Global Connection Express Paging must provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Global Connection Express Paging fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global ConnectionExpress Paging’s account(s). Notwithstanding anything contained in this Agreement to the contrary, AT&T shall be authorized, in its sole discretion, to draw down the full amount of any letter of credit or take action on any surety bond provided by Global Connection Express Paging as security hereunder if Global Connection Express Paging defaults on its account(s) or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time, as required herein and apply the cash proceeds to any outstanding balance on Global ConnectionExpress Paging’s accounts and utilize any remaining cash proceeds as security for Global ConnectionExpress Paging’s account(s).

Deposit Policy. Prior to the inauguration of service or, thereafter, upon AT&T’s request, Global Connection National Telecom shall complete the AT&T Credit Profile (AT&T form) and provide information to AT&T regarding Global ConnectionNational Telecom’s credit and financial condition. Based on AT&T’s analysis of the AT&T Credit Profile and other relevant information regarding Global ConnectionNational Telecom’s credit and financial condition, AT&T reserves the right to require Global Connection National Telecom to provide AT&T with a suitable form of security deposit for Global ConnectionNational Telecom’s account(s). If, in AT&T’s sole discretion, circumstances so warrant and/or Global ConnectionNational Telecom’s gross monthly billing has increased, AT&T reserves the right to request additional security (or to require a security deposit if none was previously requested) and/or file a Uniform Commercial Code (UCC-1) security interest in Global ConnectionNational Telecom’s “accounts receivables and proceeds”. 1.3.1 Security deposit shall take the form of cash, an irrevocable letter of credit (AT&T form), surety bond (AT&T form) or, in AT&T’s sole discretion, some other form of security proposed by Global Connection National Telecom and accepted by AT&T. Any such security deposit shall in no way release Global Connection National Telecom from its obligation to make complete and timely payments of its bill(s). If AT&T requires Global Connection National Telecom to provide a security deposit, Global Connection National Telecom shall provide such security deposit prior to the inauguration of service or within fifteen (15) days of AT&T’s request, as applicable. Security deposit request notices will be sent to Global Connection National Telecom via certified mail or overnight delivery. Such notice period will start the day after the deposit request notice is rendered by certified mail or overnight delivery. Interest on a cash security deposit shall accrue and be applied or refunded in accordance with the terms in AT&T’s GSST. 1.3.2 Security deposits collected under this Section shall not exceed two (2) months’ estimated billing for services pursuant to this Agreement. Estimated xxxxxxxx are calculated based upon the monthly average of the previous six (6) months current xxxxxxxx, if Global Connection National Telecom has received service from AT&T during such period at a level comparable to that anticipated to occur over the next six (6) months. If either Global Connection National Telecom or AT&T 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, Global Connection National Telecom and AT&T shall agree on a level of estimated xxxxxxxx based on all relevant information. 1.3.3 In the event Global Connection National Telecom fails to provide AT&T with a suitable form of security deposit or additional security deposit as required herein, defaults on its account(s), or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time required, service to Global Connection National Telecom may be Suspended, Discontinued or Terminated in accordance with the terms of Section 1.5 below. Upon Termination of services, AT&T shall apply any security deposit to Global ConnectionNational Telecom’s final bill for its account(s). If no bill is rendered to Global ConnectionNational Telecom, AT&T shall, nevertheless, apply any security deposit to Global ConnectionNational Telecom’s outstanding balance. 1.3.3.1 At least seven (7) days prior to the expiration of any letter of credit provided by Global Connection National Telecom as security under this Agreement, Global Connection National Telecom shall renew such letter of credit or provide AT&T with evidence that Global Connection National Telecom has obtained a suitable replacement for the letter of credit. If Global Connection National Telecom fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to draw down the full amount of such letter of credit and utilize the cash proceeds as security for Global Connection National Telecom accounts(s). If Global Connection National Telecom provides a security deposit or additional security deposit in the form of a surety bond as required herein, Global Connection National Telecom shall renew the surety bond or provide AT&T with evidence that Global Connection National Telecom has obtained a suitable replacement for the surety bond at least seven (7) days prior to the cancellation date of the surety bond. If Global Connection National Telecom fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global ConnectionNational Telecom’s account(s). If the credit rating of any bonding company that has provided Global Connection National Telecom with a surety bond provided as security hereunder has fallen below B, AT&T will provide written notice to Global Connection National Telecom that Global Connection National Telecom must provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Global Connection National Telecom fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global ConnectionNational Telecom’s account(s). Notwithstanding anything contained in this Agreement to the contrary, AT&T shall be authorized, in its sole discretion, to draw down the full amount of any letter of credit or take action on any surety bond provided by Global Connection National Telecom as security hereunder if Global Connection National Telecom defaults on its account(s) or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time, as required herein and apply the cash proceeds to any outstanding balance on Global ConnectionNational Telecom’s accounts and utilize any remaining cash proceeds as security for Global ConnectionNational Telecom’s account(s).

Deposit Policy. Prior to the inauguration of service or, thereafter, upon AT&T’s request, Global Connection TrustedNet shall complete the AT&T Credit Profile (AT&T form) and provide information to AT&T regarding Global ConnectionTrustedNet’s credit and financial condition. Based on AT&T’s analysis of the AT&T Credit Profile and other relevant information regarding Global ConnectionTrustedNet’s credit and financial condition, AT&T reserves the right to require Global Connection TrustedNet to provide AT&T with a suitable form of security deposit for Global ConnectionTrustedNet’s account(s). If, in AT&T’s sole discretion, circumstances so warrant and/or Global ConnectionTrustedNet’s gross monthly billing has increased, AT&T reserves the right to request additional security (or to require a security deposit if none was previously requested) and/or file a Uniform Commercial Code (UCC-1) security interest in Global ConnectionTrustedNet’s “accounts receivables and proceeds”. 1.3.1 Security deposit shall take the form of cash, an irrevocable letter of credit (AT&T form), surety bond (AT&T form) or, in AT&T’s sole discretion, some other form of security proposed by Global Connection TrustedNet and accepted by AT&T. Any such security deposit shall in no way release Global Connection TrustedNet from its obligation to make complete and timely payments of its bill(sxxxx(s). If AT&T requires Global Connection TrustedNet to provide a security deposit, Global Connection TrustedNet shall provide such security deposit prior to the inauguration of service or within fifteen (15) days of AT&T’s request, as applicable. Security deposit request notices will be sent to Global Connection TrustedNet via certified mail or overnight delivery. Such notice period will start the day after the deposit request notice is rendered by certified mail or overnight delivery. Interest on a cash security deposit shall accrue and be applied or refunded in accordance with the terms in AT&T’s GSST. 1.3.2 Security deposits collected under this Section shall not exceed two (2) months’ estimated billing for services pursuant to this Agreement. Estimated xxxxxxxx are calculated based upon the monthly average of the previous six (6) months current xxxxxxxx, if Global Connection TrustedNet has received service from AT&T during such period at a level comparable to that anticipated to occur over the next six (6) months. If either Global Connection TrustedNet or AT&T 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, Global Connection TrustedNet and AT&T shall agree on a level of estimated xxxxxxxx based on all relevant information. 1.3.3 In the event Global Connection TrustedNet fails to provide AT&T with a suitable form of security deposit or additional security deposit as required herein, defaults on its account(s), or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time required, service to Global Connection TrustedNet may be Suspended, Discontinued or Terminated in accordance with the terms of Section 1.5 below. Upon Termination of services, AT&T shall apply any security deposit to Global ConnectionTrustedNet’s final bill xxxx for its account(s). If no bill xxxx is rendered to Global ConnectionTrustedNet, AT&T shall, nevertheless, apply any security deposit to Global ConnectionTrustedNet’s outstanding balance. 1.3.3.1 At least seven (7) days prior to the expiration of any letter of credit provided by Global Connection TrustedNet as security under this Agreement, Global Connection TrustedNet shall renew such letter of credit or provide AT&T with evidence that Global Connection TrustedNet has obtained a suitable replacement for the letter of credit. If Global Connection TrustedNet fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to draw down the full amount of such letter of credit and utilize the cash proceeds as security for Global Connection TrustedNet accounts(s). If Global Connection TrustedNet provides a security deposit or additional security deposit in the form of a surety bond as required herein, Global Connection TrustedNet shall renew the surety bond or provide AT&T with evidence that Global Connection TrustedNet has obtained a suitable replacement for the surety bond at least seven (7) days prior to the cancellation date of the surety bond. If Global Connection fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global Connection’s account(s). If the credit rating of any bonding company that has provided Global Connection with a surety bond provided as security hereunder has fallen below B, AT&T will provide written notice to Global Connection that Global Connection must provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Global Connection fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global Connection’s account(s). Notwithstanding anything contained in this Agreement to the contrary, AT&T shall be authorized, in its sole discretion, to draw down the full amount of any letter of credit or take action on any surety bond provided by Global Connection as security hereunder if Global Connection defaults on its account(s) or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time, as required herein and apply the cash proceeds to any outstanding balance on Global Connection’s accounts and utilize any remaining cash proceeds as security for Global Connection’s account(s).seven

Deposit Policy. Prior to the inauguration of service or, thereafter, upon AT&T’s request, Global Connection Communication Lines shall complete the AT&T Credit Profile (AT&T form) and provide information to AT&T regarding Global ConnectionCommunication Lines’s credit and financial condition. Based on AT&T’s analysis of the AT&T Credit Profile and other relevant information regarding Global ConnectionCommunication Lines’s credit and financial condition, AT&T reserves the right to require Global Connection to provide Communication Lines toprovide AT&T with a witha suitable form of formof security deposit for Global ConnectionCommunication Lines’s account(s). If, in AT&T’s sole discretion, circumstances so warrant and/or Global Connectionand/orCommunication Lines’s gross monthly billing has billinghas increased, AT&T reserves the right to request additional security (or to require a security deposit if none was previously requested) and/or file a Uniform Commercial UniformCommercial Code (UCC-1) security interest in Global ConnectionCommunication Lines’s “accounts receivables and proceeds”. 1.3.1 Security deposit shall take the form of formof cash, an irrevocable letter of credit (AT&T form), surety bond (AT&T form) or, in AT&T’s sole discretion, some other form of formof security proposed by Global Connection Communication Lines and accepted by AT&T. Any such security deposit shall in no way release Global Connection Communication Lines from its obligation to make complete and timely payments of its bill(s). If AT&T requires Global Connection to provide Communication Lines toprovide a security deposit, Global Connection Communication Lines shall provide such security deposit prior to the inauguration of service or within fifteen (15) days of AT&T’s request, as applicable. Security deposit request notices will be sent besent to Global Connection Communication Lines via certified mail or overnight delivery. Such notice period will start the day after the deposit request notice is rendered by certified mail or overnight delivery. Interest on a cash security deposit shall accrue and be applied or refunded in accordance with the terms in AT&T’s GSST. 1.3.2 Security deposits collected under this Section shall not shallnot exceed two (2) months’ estimated billing for services pursuant to this Agreement. Estimated xxxxxxxx are calculated based upon the monthly average of the previous six (6) months current xxxxxxxxcurrentbillings, if Global Connection Communication Lines has received service from AT&T fromAT&T during such period at a level comparable to that anticipated to occur over the next six (6) months. If either Global Connection Communication Lines or AT&T has reason to believe that the level of service to be received during the next six (6) months will monthswill be materially higher or higheror lower than received in the previous six (6) months, Global Connection Communication Lines and AT&T shall agree on a level of estimated xxxxxxxx based on all relevant information. 1.3.3 In the event Global Connection Communication Lines fails to provide toprovide AT&T with a witha suitable form of formof security deposit or additional security deposit as required herein, defaults on its account(s), or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time required, service to Global Connection Communication Lines may be Suspended, Discontinued or Terminated in accordance with the terms of Section 1.5 below. Upon Termination of services, AT&T shall apply any security deposit to Global ConnectionCommunication Lines’s final bill finalbill for its account(s). If no bill is rendered to Global ConnectionCommunication Lines, AT&T shall, nevertheless, apply any security deposit to Global ConnectionCommunication Lines’s outstanding balance. 1.3.3.1 At least seven (7) days prior to the expiration of any letter of credit provided by Global Connection Communication Lines as security under this Agreement, Global Connection Communication Lines shall renew such letter of credit or provide AT&T with evidence that Global Connection Communication Lines has obtained a suitable replacement for the letter of credit. If Global Connection Communication Lines fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to draw todraw down the full amount of such letter of credit and utilize the cash proceeds as security for Global Connection Communication Lines accounts(s). If Global Connection Communication Lines provides a security deposit or additional security deposit in the form of formof a surety bond as required herein, Global Connection Communication Lines shall renew the surety bond or provide AT&T with evidence that Global Connection Communication Lines has obtained a suitable replacement for the surety bond at least seven (7) days prior to the cancellation date of the surety bond. If Global Connection Communication Lines fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global ConnectionCommunication Lines’s account(s). If the credit rating of any bonding company that has provided Global Connection with a Communication Lines witha surety bond provided as security hereunder has fallen below B, AT&T will provide written notice to Global Connection Communication Lines that Global Connection Communication Lines must provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Global Connection fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global Connection’s account(s). Notwithstanding anything contained in this Agreement to the contrary, AT&T shall be authorized, in its sole discretion, to draw down the full amount of any letter of credit or take action on any surety bond provided by Global Connection as security hereunder if Global Connection defaults on its account(s) or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time, as required herein and apply the cash proceeds to any outstanding balance on Global Connection’s accounts and utilize any remaining cash proceeds as security for Global Connection’s account(s).fifteen

Deposit Policy. Prior to the inauguration of service or, thereafter, upon AT&T’s request, Global Connection Serenity shall complete the AT&T Credit Profile (AT&T form) and provide information to AT&T regarding Global ConnectionSerenity’s credit and financial condition. Based on AT&T’s analysis of the AT&T Credit Profile and other relevant information regarding Global ConnectionSerenity’s credit and financial condition, AT&T reserves the right to require Global Connection Serenity to provide AT&T with a suitable form of security deposit for Global ConnectionSerenity’s account(s). If, in AT&T’s sole discretion, circumstances so warrant and/or Global ConnectionSerenity’s gross monthly billing has increased, AT&T reserves the right to request additional security (or to require a security deposit if none was previously requested) and/or file a Uniform Commercial Code (UCC-1) security interest in Global ConnectionSerenity’s “accounts receivables and proceeds”. 1.3.1 Security deposit shall take the form of cash, an irrevocable letter of credit (AT&T form), surety bond (AT&T form) or, in AT&T’s sole discretion, some other form of security proposed by Global Connection Serenity and accepted by AT&T. Any such security deposit shall in no way release Global Connection Serenity from its obligation to make complete and timely payments of its bill(sxxxx(s). If AT&T requires Global Connection Serenity to provide a security deposit, Global Connection Serenity shall provide such security deposit prior to the inauguration of service or within fifteen (15) days of AT&T’s request, as applicable. Security deposit request notices will be sent to Global Connection Serenity via certified mail or overnight delivery. Such notice period will start the day after the deposit request notice is rendered by certified mail or overnight delivery. Interest on a cash security deposit shall accrue and be applied or refunded in accordance with the terms in AT&T’s GSST. 1.3.2 Security deposits collected under this Section shall not exceed two (2) months’ estimated billing for services pursuant to this Agreement. Estimated xxxxxxxx are calculated based upon the monthly average of the previous six (6) months current xxxxxxxx, if Global Connection Serenity has received service from AT&T during such period at a level comparable to that anticipated to occur over the next six (6) months. If either Global Connection Serenity or AT&T 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, Global Connection Serenity and AT&T shall agree on a level of estimated xxxxxxxx based on all relevant information. 1.3.3 In the event Global Connection Serenity fails to provide AT&T with a suitable form of security deposit or additional security deposit as required herein, defaults on its account(s), or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time required, service to Global Connection Serenity may be Suspended, Discontinued or Terminated in accordance with the terms of Section Section 1.5 below. Upon Termination of services, AT&T shall apply any security deposit to Global ConnectionSerenity’s final bill xxxx for its account(s). If no bill xxxx is rendered to Global ConnectionSerenity, AT&T shall, nevertheless, apply any security deposit to Global ConnectionSerenity’s outstanding balance. 1.3.3.1 At least seven (7) days prior to the expiration of any letter of credit provided by Global Connection Serenity as security under this Agreement, Global Connection Serenity shall renew such letter of credit or provide AT&T with evidence that Global Connection Serenity has obtained a suitable replacement for the letter of credit. If Global Connection Serenity fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to draw down the full amount of such letter of credit and utilize the cash proceeds as security for Global Connection Serenity accounts(s). If Global Connection Serenity provides a security deposit or additional security deposit in the form of a surety bond as required herein, Global Connection Serenity shall renew the surety bond or provide AT&T with evidence that Global Connection Serenity has obtained a suitable replacement for the surety bond at least seven (7) days prior to the cancellation date of the surety bond. If Global Connection Serenity fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global ConnectionSerenity’s account(s). If the credit rating of any bonding company that has provided Global Connection Serenity with a surety bond provided as security hereunder has fallen below B, AT&T will provide written notice to Global Connection Serenity that Global Connection Serenity must provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Global Connection Serenity fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global ConnectionSerenity’s account(s). Notwithstanding anything contained in this Agreement to the contrary, AT&T shall be authorized, in its sole discretion, to draw down the full amount of any letter of credit or take action on any surety bond provided by Global Connection Serenity as security hereunder if Global Connection Serenity defaults on its account(s) or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time, as required herein and apply the cash proceeds to any outstanding balance on Global ConnectionSerenity’s accounts and utilize any remaining cash proceeds as security for Global ConnectionSerenity’s account(s).

Deposit Policy. Prior to the inauguration of service or, thereafter, upon AT&T’s request, Global Connection Phone Club Corporation shall complete the AT&T Credit Profile (AT&T form) and provide information to AT&T regarding Global ConnectionPhone Club Corporation’s credit and financial condition. Based on AT&T’s analysis of the AT&T Credit Profile and other relevant information regarding Global ConnectionPhone Club Corporation’s credit and financial condition, AT&T reserves the right to require Global Connection Phone Club Corporation to provide AT&T with a suitable form of security deposit for Global ConnectionPhone Club Corporation’s account(s). If, in AT&T’s sole discretion, circumstances so warrant and/or Global ConnectionPhone Club Corporation’s gross monthly billing has increased, AT&T reserves the right to request additional security (or to require a security deposit if none was previously requested) and/or file a Uniform Commercial Code (UCC-1) security interest in Global ConnectionPhone Club Corporation’s “accounts receivables and proceeds”. 1.3.1 Security deposit shall take the form of cash, an irrevocable letter of credit (AT&T form), surety bond (AT&T form) or, in AT&T’s sole discretion, some other form of security proposed by Global Connection Phone Club Corporation and accepted by AT&T. Any such security deposit shall in no way release Global Connection Phone Club Corporation from its obligation to make complete and timely payments of its bill(s). If AT&T requires Global Connection Phone Club Corporation to provide a security deposit, Global Connection Phone Club Corporation shall provide such security deposit prior to the inauguration of service or within fifteen (15) days of AT&T’s request, as applicable. Security deposit request notices will be sent to Global Connection Phone Club Corporation via certified mail or overnight delivery. Such notice period will start the day after the deposit request notice is rendered by certified mail or overnight delivery. Interest on a cash security deposit shall accrue and be applied or refunded in accordance with the terms in AT&T’s GSST. 1.3.2 Security deposits collected under this Section shall not exceed two (2) months’ estimated billing for services pursuant to this Agreement. Estimated xxxxxxxx are calculated based upon the monthly average of the previous six (6) months current xxxxxxxx, if Global Connection Phone Club Corporation has received service from AT&T during such period at a level comparable to that anticipated to occur over the next six (6) months. If either Global Connection Phone Club Corporation or AT&T 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, Global Connection Phone Club Corporation and AT&T shall agree on a level of estimated xxxxxxxx based on all relevant information. 1.3.3 In the event Global Connection Phone Club Corporation fails to provide AT&T with a suitable form of security deposit or additional security deposit as required herein, defaults on its account(s), or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time required, service to Global Connection Phone Club Corporation may be Suspended, Discontinued or Terminated in accordance with the terms of Section 1.5 below. Upon Termination of services, AT&T shall apply any security deposit to Global ConnectionPhone Club Corporation’s final bill for its account(s). If no bill is rendered to Global ConnectionPhone Club Corporation, AT&T shall, nevertheless, apply any security deposit to Global ConnectionPhone Club Corporation’s outstanding balance. 1.3.3.1 At least seven (7) days prior to the expiration of any letter of credit provided by Global Connection Phone Club Corporation as security under this Agreement, Global Connection Phone Club Corporation shall renew such letter of credit or provide AT&T with evidence that Global Connection Phone Club Corporation has obtained a suitable replacement for the letter of credit. If Global Connection Phone Club Corporation fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to draw down the full amount of such letter of credit and utilize the cash proceeds as security for Global Connection Phone Club Corporation accounts(s). If Global Connection Phone Club Corporation provides a security deposit or additional security deposit in the form of a surety bond as required herein, Global Connection Phone Club Corporation shall renew the surety bond or provide AT&T with evidence that Global Connection Phone Club Corporation has obtained a suitable replacement for the surety bond at least seven (7) days prior to the cancellation date of the surety bond. If Global Connection Phone Club Corporation fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global ConnectionPhone Club Corporation’s account(s). If the credit rating of any bonding company that has provided Global Connection Phone Club Corporation with a surety bond provided as security hereunder has fallen below B, AT&T will provide written notice to Global Connection Phone Club Corporation that Global Connection Phone Club Corporation must provide a replacement bond or other suitable security within fifteen (15) days of AT&T’s written notice. If Global Connection Phone Club Corporation fails to comply with the foregoing, AT&T shall thereafter be authorized, in its sole discretion, to take action on the surety bond and utilize the cash proceeds as security for Global ConnectionPhone Club Corporation’s account(s). Notwithstanding anything contained in this Agreement to the contrary, AT&T shall be authorized, in its sole discretion, to draw down the full amount of any letter of credit or take action on any surety bond provided by Global Connection Phone Club Corporation as security hereunder if Global Connection Phone Club Corporation defaults on its account(s) or otherwise fails to make any payment or payments required under this Agreement in the manner and within the time, as required herein and apply the cash proceeds to any outstanding balance on Global ConnectionPhone Club Corporation’s accounts and utilize any remaining cash proceeds as security for Global ConnectionPhone Club Corporation’s account(s).