Common use of Interest on Security Deposit Clause in Contracts

Interest on Security Deposit. (a) Where we have received a security deposit from you, we will pay interest, if any, to you, on the deposit at the contract interest rate. (b) Any interest accrued on the security deposit will be credited to your account when the security deposit is returned to you.

Appears in 6 contracts

Samples: Standard Connection Contract, Standard Connection Contract, Standard Connection Contract

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