Common use of Deposit Policy Clause in Contracts

Deposit Policy. When purchasing services from BellSouth, Choice Telephone Company will be required to complete the BellSouth Credit Profile and provide information regarding credit worthiness. Based on the results of the credit analysis, BellSouth reserves the right to secure the account with a suitable form of security deposit. 6.2.1 Such security deposit shall take the form of cash, an Irrevocable Letter of Credit (BellSouth form), Surety Bond (BellSouth form) or, in sole discretion, some other form of security. 6.2.2 Such security deposit shall be required prior to the inauguration of service. 6.2.3 Security deposits collected under this Section shall not exceed two months' estimated billing. 6.2.4 The fact that a security deposit has been made in no way relieves Choice Telephone Company from complying with BellSouth's regulations as to advance payments. Any such security deposit shall in no way release Choice Telephone Company from its obligation to make complete and timely payments of its bills. 6.2.5 If in the sole opinion of BellSouth, circumstances so warrant and/or gross monthly billing has increased beyond the level initially used to determine the level of security, BellSouth reserves the right to request additional security and/or file a Uniform Commercial Code (XXXX) security interest in Choice Telephone Company's "accounts receivables and proceeds."" 6.2.6 In the event Choice Telephone Company fails to remit to BellSouth any deposit requested pursuant to this Section, service to Choice Telephone Company may be terminated in accordance with the terms of Section 8.2 of this Attachment, and any security deposits will be applied to Choice Telephone Company's account(s). 6.2.7 In the event service to Choice Telephone Company is terminated due to Choice Telephone Company's default on its account, any security deposits held will be applied to Choice Telephone Company's account. 6.2.8 Interest on a security deposit, if provided in cash, shall accrue and be paid in accordance with the terms in the appropriate BellSouth tariff.

Deposit Policy. When purchasing services from BellSouth, Choice Telephone Company Source One Communications will be required to complete the BellSouth Credit Profile and provide information regarding credit worthiness. Based on the results of the credit analysis, BellSouth reserves the right to secure the account with a suitable form of security deposit. 6.2.1 Such security deposit shall take the form of cash, an Irrevocable Letter of Credit (BellSouth form), Surety Bond (BellSouth form) or, in sole discretion, some other form of security. 6.2.2 Such security deposit shall be required prior to the inauguration of service. 6.2.3 Security deposits collected under this Section shall not exceed two months' estimated billing. 6.2.4 The fact that a security deposit has been made in no way relieves Choice Telephone Company Source One Communications from complying with BellSouth's regulations as to advance payments. Any such security deposit shall in no way release Choice Telephone Company Source One Communications from its obligation to make complete and timely payments of its bills. 6.2.5 If in the sole opinion of BellSouth, circumstances so warrant and/or gross monthly billing has increased beyond the level initially used to determine the level of security, BellSouth reserves the right to request additional security and/or file a Uniform Commercial Code (XXXX) security interest in Choice Telephone CompanySource One Communications's "accounts receivables and proceeds."" 6.2.6 In the event Choice Telephone Company Source One Communications fails to remit to BellSouth any deposit requested pursuant to this Section, service to Choice Telephone Company Source One Communications may be terminated in accordance with the terms of Section 8.2 of this Attachment, and any security deposits will be applied to Choice Telephone CompanySource One Communications's account(s). 6.2.7 In the event service to Choice Telephone Company Source One Communications is terminated due to Choice Telephone CompanySource One Communications's default on its account, any security deposits held will be applied to Choice Telephone CompanySource One Communications's account. 6.2.8 Interest on a security deposit, if provided in cash, shall accrue and be paid in accordance with the terms in the appropriate BellSouth tariff.

Deposit Policy. When purchasing services from BellSouth, Choice Telephone Company Your Communication Connection will be required to complete the BellSouth Credit Profile and provide information regarding credit worthiness. Based on the results of the credit analysis, BellSouth reserves the right to secure the account with a suitable form of security deposit. 6.2.1 Such security deposit shall take the form of cash, an Irrevocable Letter of Credit (BellSouth form), Surety Bond (BellSouth form) or, in sole discretion, some other form of security. 6.2.2 Such security deposit shall be required prior to the inauguration of service. 6.2.3 Security deposits collected under this Section shall not exceed two months' estimated billing. 6.2.4 The fact that a security deposit has been made in no way relieves Choice Telephone Company Your Communication Connection from complying with BellSouth's regulations as to advance payments. Any such security deposit shall in no way release Choice Telephone Company Your Communication Connection from its obligation to make complete and timely payments of its bills. 6.2.5 If in the sole opinion of BellSouthXxxxXxxxx, circumstances so warrant and/or gross monthly billing has increased beyond the level initially used to determine the level of security, BellSouth reserves the right to request additional security and/or file a Uniform Commercial Code (XXXXUCCI) security interest in Choice Telephone CompanyYour Communication Connection's "accounts receivables and proceeds."" 6.2.6 In the event Choice Telephone Company Your Communication Connection fails to remit to BellSouth any deposit requested pursuant to this Section, service to Choice Telephone Company Your Communication Connection may be terminated in accordance with the terms of Section 8.2 of this Attachment, and any security deposits will be applied to Choice Telephone CompanyYour Communication Connection's account(s). 6.2.7 In the event service to Choice Telephone Company Your Communication Connection is terminated due to Choice Telephone CompanyYour Communication Connection's default on its account, any security deposits held will be applied to Choice Telephone CompanyYour Communication Connection's account. 6.2.8 Interest on a security deposit, if provided in cash, shall accrue and be paid in accordance with the terms in the appropriate BellSouth tariff.

Deposit Policy. When purchasing services from BellSouth, Choice Telephone Company AllSouth Phone Connect will be required to complete the BellSouth Credit Profile and provide information regarding credit worthiness. Based on the results of the credit analysis, BellSouth reserves the right to secure the account with a suitable form of security deposit. 6.2.1 Such security deposit shall take the form of cash, an Irrevocable Letter of Credit (BellSouth form), Surety Bond (BellSouth form) or, in sole discretion, some other form of security. 6.2.2 Such security deposit shall be required prior to the inauguration of service. 6.2.3 Security deposits collected under this Section shall not exceed two months' estimated billing. 6.2.4 The fact that a security deposit has been made in no way relieves Choice Telephone Company AllSouth Phone Connect from complying with BellSouth's regulations as to advance payments. Any such security deposit shall in no way release Choice Telephone Company AllSouth Phone Connect from its obligation to make complete and timely payments of its bills. 6.2.5 If in the sole opinion of BellSouth, circumstances so warrant and/or gross monthly billing has increased beyond the level initially used to determine the level of security, BellSouth reserves the right to request additional security and/or file a Uniform Commercial Code (XXXXUCCI) security interest in Choice Telephone CompanyAllSouth Phone Connect's "accounts receivables and proceeds."" 6.2.6 In the event Choice Telephone Company AllSouth Phone Connect fails to remit to BellSouth any deposit requested pursuant to this Section, service to Choice Telephone Company AllSouth Phone Connect may be terminated in accordance with the terms of Section 8.2 of this Attachment, and any security deposits will be applied to Choice Telephone CompanyAllSouth Phone Connect's account(s). 6.2.7 In the event service to Choice Telephone Company AllSouth Phone Connect is terminated due to Choice Telephone CompanyAllSouth Phone Connect's default on its account, any security deposits held will be applied to Choice Telephone CompanyAllSouth Phone Connect's account. 6.2.8 Interest on a security deposit, if provided in cash, shall accrue and be paid in accordance with the terms in the appropriate BellSouth tariff.

Deposit Policy. When purchasing services from BellSouth, Choice Telephone Company Your Communication Connection will be required to complete the BellSouth Credit Profile and provide information regarding credit worthiness. Based on the results of the credit analysis, BellSouth reserves the right to secure the account with a suitable form of security deposit. 6.2.1 Such security deposit shall take the form of cash, an Irrevocable Letter of Credit (BellSouth form), Surety Bond (BellSouth form) or, in sole discretion, some other form of security. 6.2.2 Such security deposit shall be required prior to the inauguration of service. 6.2.3 Security deposits collected under this Section shall not exceed two months' estimated billing. 6.2.4 The fact that a security deposit has been made in no way relieves Choice Telephone Company Your Communication Connection from complying with BellSouth's regulations as to advance payments. Any such security deposit shall in no way release Choice Telephone Company Your Communication Connection from its obligation to make complete and timely payments of its bills. 6.2.5 If in the sole opinion of BellSouth, circumstances so warrant and/or gross monthly billing has increased beyond the level initially used to determine the level of security, BellSouth reserves the right to request additional security and/or file a Uniform Commercial Code (XXXX) security interest in Choice Telephone CompanyYour Communication Connection's "accounts receivables and proceeds."" 6.2.6 In the event Choice Telephone Company Your Communication Connection fails to remit to BellSouth any deposit requested pursuant to this Section, service to Choice Telephone Company Your Communication Connection may be terminated in accordance with the terms of Section 8.2 of this Attachment, and any security deposits will be applied to Choice Telephone CompanyYour Communication Connection's account(s). 6.2.7 In the event service to Choice Telephone Company Your Communication Connection is terminated due to Choice Telephone CompanyYour Communication Connection's default on its account, any security deposits held will be applied to Choice Telephone CompanyYour Communication Connection's account. 6.2.8 Interest on a security deposit, if provided in cash, shall accrue and be paid in accordance with the terms in the appropriate BellSouth tariff.

Deposit Policy. When purchasing services from BellSouth, Choice Telephone Company Buy-Tel will be required to complete the BellSouth Credit Profile and provide information regarding credit worthiness. Based on the results of the credit analysis, BellSouth reserves the right to secure the account with a suitable form of security deposit. 6.2.1 Such security deposit shall take the form of cash, an Irrevocable Letter of Credit (BellSouth form), Surety Bond (BellSouth form) or, in sole discretion, some other form of security. 6.2.2 Such security deposit shall be required prior to the inauguration of service. 6.2.3 Security deposits collected under this Section shall not exceed two months' estimated billing. 6.2.4 The fact that a security deposit has been made in no way relieves Choice Telephone Company Buy-Tel from complying with BellSouth's regulations as to advance payments. Any such security deposit shall in no way release Choice Telephone Company Buy-Tel from its obligation to make complete and timely payments of its bills. 6.2.5 If in the sole opinion of BellSouth, circumstances so warrant and/or gross monthly billing has increased beyond the level initially used to determine the level of security, BellSouth reserves the right to request additional security and/or file a Uniform Commercial Code (XXXX) security interest in Choice Telephone CompanyBuy-Tel's "accounts receivables and proceeds."" 6.2.6 In the event Choice Telephone Company Buy-Tel fails to remit to BellSouth any deposit requested pursuant to this Section, service to Choice Telephone Company Buy-Tel may be terminated in accordance with the terms of Section 8.2 of this Attachment, and any security deposits will be applied to Choice Telephone CompanyBuy- Tel's account(s). 6.2.7 In the event service to Choice Telephone Company Buy-Tel is terminated due to Choice Telephone CompanyBuy-Tel's default on its account, any security deposits held will be applied to Choice Telephone CompanyBuy-Tel's account. 6.2.8 Interest on a security deposit, if provided in cash, shall accrue and be paid in accordance with the terms in the appropriate BellSouth tariff.

Deposit Policy. When purchasing services from BellSouth, Choice Telephone Company GulfPines will be required to complete the BellSouth Credit Profile and provide information regarding credit worthiness. Based on the results of the credit analysis, BellSouth reserves the right to secure the account with a suitable form of security deposit. 6.2.1 Such security deposit shall take the form of cash, an Irrevocable Letter of Credit (BellSouth form), Surety Bond (BellSouth form) or, in sole discretion, some other form of security. 6.2.2 Such security deposit shall be required prior to the inauguration of service. 6.2.3 Security deposits collected under this Section shall not exceed two months' estimated billing. 6.2.4 The fact that a security deposit has been made in no way relieves Choice Telephone Company GulfPines from complying with BellSouth's regulations as to advance payments. Any such security deposit shall in no way release Choice Telephone Company GulfPines from its obligation to make complete and timely payments of its bills. 6.2.5 If in the sole opinion of BellSouth, circumstances so warrant and/or gross monthly billing has increased beyond the level initially used to determine the level of security, BellSouth reserves the right to request additional security and/or file a Uniform Commercial Code (XXXX) security interest in Choice Telephone Company's GulfPines' "accounts receivables and proceeds."" 6.2.6 In the event Choice Telephone Company GulfPines fails to remit to BellSouth any deposit requested pursuant to this Section, service to Choice Telephone Company GulfPines may be terminated in accordance with the terms of Section 8.2 of this Attachment, and any security deposits will be applied to Choice Telephone Company's GulfPines' account(s). 6.2.7 In the event service to Choice Telephone Company GulfPines is terminated due to Choice Telephone Company's GulfPines' default on its account, any security deposits held will be applied to Choice Telephone Company's GulfPines' account. 6.2.8 Interest on a security deposit, if provided in cash, shall accrue and be paid in accordance with the terms in the appropriate BellSouth tariff.

Deposit Policy. When purchasing services from BellSouth, Choice Easy Telephone Services Company will be required to complete the BellSouth Credit Profile and provide information regarding credit worthiness. Based on the results of the credit analysis, BellSouth reserves the right to secure the account with a suitable form of security deposit. 6.2.1 Such security deposit shall take the form of cash, an Irrevocable Letter of Credit (BellSouth form), Surety Bond (BellSouth form) or, in sole discretion, some other form of security. 6.2.2 Such security deposit shall be required prior to the inauguration of service. 6.2.3 Security deposits collected under this Section shall not exceed two months' estimated billing. 6.2.4 The fact that a security deposit has been made in no way relieves Choice Easy Telephone Services Company from complying with BellSouth's regulations as to advance payments. Any such security deposit shall in no way release Choice Easy Telephone Services Company from its obligation to make complete and timely payments of its bills. 6.2.5 If in the sole opinion of BellSouthXxxxXxxxx, circumstances so warrant and/or gross monthly billing has increased beyond the level initially used to determine the level of security, BellSouth reserves the right to request additional security and/or file a Uniform Commercial Code (XXXXUCCI) security interest in Choice Easy Telephone Services Company's "accounts receivables and proceeds."" 6.2.6 In the event Choice Easy Telephone Services Company fails to remit to BellSouth any deposit requested pursuant to this Section, service to Choice Easy Telephone Services Company may be terminated in accordance with the terms of Section 8.2 of this Attachment, and any security deposits will be applied to Choice Easy Telephone Services Company's account(s). 6.2.7 In the event service to Choice Easy Telephone Services Company is terminated due to Choice Easy Telephone Services Company's default on its account, any security deposits held will be applied to Choice Easy Telephone Services Company's account. 6.2.8 Interest on a security deposit, if provided in cash, shall accrue and be paid in accordance with the terms in the appropriate BellSouth tariff.

Deposit Policy. When purchasing services from BellSouth, Choice Telephone Company Source One Communications will be required to complete the BellSouth Credit Profile and provide information regarding credit worthiness. Based on the results of the credit analysis, BellSouth reserves the right to secure the account with a suitable form of security deposit. 6.2.1 Such security deposit shall take the form of cash, an Irrevocable Letter of Credit (BellSouth form), Surety Bond (BellSouth form) or, in sole discretion, some other form of security. 6.2.2 Such security deposit shall be required prior to the inauguration of service. 6.2.3 Security deposits collected under this Section shall not exceed two months' estimated billing. 6.2.4 The fact that a security deposit has been made in no way relieves Choice Telephone Company Source One Communications from complying with BellSouth's regulations as to advance payments. Any such security deposit shall in no way release Choice Telephone Company Source One Communications from its obligation to make complete and timely payments of its bills. 6.2.5 If in the sole opinion of BellSouthXxxxXxxxx, circumstances so warrant and/or gross monthly billing has increased beyond the level initially used to determine the level of security, BellSouth reserves the right to request additional security and/or file a Uniform Commercial Code (XXXX) security interest in Choice Telephone CompanySource One Communications's "accounts receivables and proceeds."" 6.2.6 In the event Choice Telephone Company Source One Communications fails to remit to BellSouth any deposit requested pursuant to this Section, service to Choice Telephone Company Source One Communications may be terminated in accordance with the terms of Section 8.2 of this Attachment, and any security deposits will be applied to Choice Telephone CompanySource One Communications's account(s). 6.2.7 In the event service to Choice Telephone Company Source One Communications is terminated due to Choice Telephone CompanySource One Communications's default on its account, any security deposits held will be applied to Choice Telephone CompanySource One Communications's account. 6.2.8 Interest on a security deposit, if provided in cash, shall accrue and be paid in accordance with the terms in the appropriate BellSouth tariff.