DEPOSITS (SBC-12STATE). 7.1 The deposit requirements set forth in this Section 7 apply to the Resale Services and Network Elements furnished under this Agreement. SBC-12STATE may, in order to safeguard its interests, require that CLEC, if it has proven history of late payments or has not established a minimum of twelve consecutive months good credit history with SBC-12STATE, make a reasonable deposit to be held by SBC-12STATE as a guarantee of the payment of charges. For purposes of this provision, a Party shall not be deemed to have “a proven history of late payments” or “not established credit” based in whole or in part on the failure to pay amounts which such Party has properly disputed in good faith in accordance with all applicable provisions of Section 10 Dispute Resolution. A CLEC that furnishes both Resale Services and Network Elements in one (1) state under this Agreement shall make two (2) separate deposits for that state, each calculated separately as set forth below in Sections 7.2 through 7.10, inclusive.
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Samples: apps.psc.wi.gov, Interconnection Agreement, Interconnection Agreement
