Common use of Use of a security Clause in Contracts

Use of a security. deposit a) We may use your security deposit, and any interest earned on the security deposit, to offset any amount you owe under this contract: i) if you fail to pay a bill and as a result we arrange for the disconnection of your premises; or ii) in relation to a final bill (i.e. a bill we issue when you vacate the premises or when you stop purchasing energy from us at your premises or when you request that your premises be disconnected). b) If we use your security deposit or any accrued interest to offset amounts owed to us, we will advise you within 10 business days.

Use of a security. deposit a) We may use your security deposit, and any interest earned on the security deposit, to offset any amount you owe under this contract: i) i. if you fail to pay a bill and as a result we arrange for the disconnection of your premises; or ii) . in relation to a final bill (i.e. a bill we issue when you vacate the premises or when you stop purchasing energy from us at your premises or when you request that your premises be disconnected). b) If we use your security deposit or any accrued interest to offset amounts owed to us, we will advise you within 10 business days.