Common use of Requirement for security deposits Clause in Contracts

Requirement for security deposits. ‌ OptiComm may require a security deposit, or an addition to the Customer's existing security deposit to limit OptiComm's financial risk under this Agreement. If OptiComm requires a security deposit the Customer must provide the security deposit within 14 days of the date of OptiComm's request and in a form acceptable to OptiComm. The value of the security deposit must be equivalent to the amount OptiComm reasonably believe is necessary to secure its exposure under this Agreement, for example 2.5 times the Customer's average monthly xxxxxxxx.

Requirement for security deposits. ‌ OptiComm Opticomm may require a security deposit, or an addition to the Customer's existing security deposit to limit OptiCommOpticomm's financial risk under this Agreement. If OptiComm Opticomm requires a security deposit the Customer must provide the security deposit within 14 days of the date of OptiCommOpticomm's request and in a form acceptable to OptiCommOpticomm. The value of the security deposit must be equivalent to the amount OptiComm Opticomm reasonably believe is necessary to secure its exposure under this Agreement, Agreement (for example 2.5 times the Customer's average monthly xxxxxxxx).

Requirement for security deposits. ‌ OptiComm may require a security deposit, or an addition to the Customer's existing security deposit to limit OptiComm's financial risk under this Agreement. If OptiComm requires a security deposit the Customer must provide the security deposit within 14 days of the date of OptiComm's request and in a form acceptable to OptiComm. The value of the security deposit must be equivalent to the amount OptiComm reasonably believe is necessary to secure its exposure under this Agreement, for example 2.5 times the Customer's average monthly xxxxxxxx.