Utility Deposit. The Business Partner agrees, in order to receive electric, gas, water, sewer, garbage, or other utility services billed by the Utilities (“Utility Services”), to establish and maintain a deposit in an amount that is two (2) times the actual highest monthly billing, or if no actual service has been provided to the Business Partner at the location, then two (2) times the estimated highest monthly billing for the Business Partner at the locations as is determined by the Utilities in accordance with the terms and conditions herein (“Utility Deposit”). Such Utility Deposit, in the form and amount as required by the Utilities, must be established with the Utilities prior to provision of any of the Utility Services by the Utilities to the Business Partner at the location.
Appears in 7 contracts
Samples: Contract for Utilities Corporation, Contract for Utilities, Contract for Utilities Limited Partnership