Common use of REFUND OF DEPOSITS Clause in Contracts

REFUND OF DEPOSITS. The Cooperative shall refund the deposit within thirty (30) days to any residential consumer if the consumer: (a) Provides a letter or other written verification from the utility which last provided comparable service to the applicant stating that the applicant was not past due in payment for the last twelve (12) consecutive months of service at the prior location. (b) Has a payment history with the Cooperative of not more than two past due payments and no delinquent payments in the prior twelve (12) consecutive months of service. (c) Terminates service with the Cooperative, to the extent the amount held exceeds any balance due to the Cooperative.

REFUND OF DEPOSITS. The Cooperative shall refund the deposit within thirty (30) days to any residential consumer if the consumer: (a) Provides a letter or other written verification from the utility which last provided comparable service to the applicant stating that the applicant was not past due in payment for the last twelve (12) consecutive months of service at the prior location.months (b) Has a payment history with the Cooperative of not more than two past due payments and no delinquent payments in the prior twelve (12) consecutive months of service. (c) Terminates service with the Cooperative, to the extent the amount held exceeds any balance due to the Cooperative.