Common use of Obligation to return a security deposit Clause in Contracts

Obligation to return a security deposit. Where you have been required to pay a security deposit and you cease to purchase customer connection services from us at the premises and a final reading of the meter for that premises is completed or you cease to be billed directly by us, we must within 10 business days pay the security deposit and any interest to you, or, on your written instructions, to another person.

Obligation to return a security deposit. Where you have been required to pay a security deposit and you cease to purchase customer connection services from us at the premises and a final reading of the meter for that premises is completed or you cease to be billed directly by us, we Electricity Industry Code: NinthTenth Edition 12 must within 10 business days pay the security deposit and any interest to you, or, on your written instructions, to another person.