Common use of DEPOSIT AND SECURITY Clause in Contracts

DEPOSIT AND SECURITY. In connection with the conclusion of the agreement, the telecommuni- cations operator is entitled to require a reasonable deposit or security to guarantee the payments under the agreement, if there is a specific reason for it, such as foreseeable insolvency or other comparable cir- cumstances. Such circumstances include a well-founded foreseeable risk of reluctance to pay or insolvency that is typically preceded by a payment default entry, a failed foreclosure attempt, and a situation where the customer has overdue payments to a telecommunications operator, or where the customer’s credit history cannot be adequately established or where the customer fails to supply their address. The telecommunications operator is not obliged to pay any interest on the deposit or security provided. The telecommunications operator is entitled to deduct its overdue receivables together with penalty in- terest and collection expenses from the security. The security will be returned, when there are no longer grounds for it. The security or the remaining part of the deposit will be returned within 10 business days from the end of the term of the agreement, provided that the customer has paid all of the charges based on the agreement and given their account number and other details required for returning the security. If the customer has not paid all of the charges or given all the necessary details by the time the term of the agreement ends, the security or the remaining part of the deposit will be returned within 10 business days of the fulfilment of these requirements.

DEPOSIT AND SECURITY. In connection with the conclusion of the agreement, the telecommuni- cations telecommunications operator is entitled to require a reasonable deposit or security to guarantee the payments under the agreement, if there is a specific reason for it, such as foreseeable insolvency or other comparable cir- cumstancescircumstances. Such circumstances include a well-founded foreseeable risk of reluctance to pay or insolvency that is typically preceded by pay, a payment default entry, a failed foreclosure attempt, and a situation where the customer has overdue payments to a telecommunications operator, or where the customer’s credit history cannot be adequately established or where the customer fails to supply their address. The telecommunications operator is may also demand a reasonable security during the term of the agreement, if a relevant authority has found the customer to be insolvent. The telecommunications operator will not obliged to pay any interest on the deposit or security provided. The telecommunications operator is entitled to deduct its overdue receivables together with penalty in- terest interest and collection expenses from the security. The security will be returned, when there are no longer grounds for it. The security or the remaining part of the deposit will be returned within 10 business days from the end of the term of the agreement, provided that the customer has paid all of the charges based on the agreement and given their account number and other details required for returning the security. If the customer has not paid all of the charges or given all the necessary details by the time the term of the agreement ends, the security or the remaining part of the deposit will be returned within 10 business days of the fulfilment of these requirements.

DEPOSIT AND SECURITY. In connection with the conclusion of the agreement, the telecommuni- cations telecommunications operator is entitled to require a reasonable deposit or security to guarantee the payments under the agreement, if there is a specific reason for it, such as foreseeable insolvency or other comparable cir- cumstancescom- parable circumstances. Such circumstances include a well-founded foreseeable risk of reluctance to pay or insolvency that is typically preceded by pay, a payment default entry, a failed foreclosure attempt, and a situation where the customer has overdue payments to a telecommunications operator, or where the customer’s credit history cannot be adequately adequa- tely established or where the customer fails to supply their address. The telecommunica- tions operator may also demand a reasonable security during the term of the agreement, if a relevant authority has found the customer to be insolvent. The telecommunications operator is will not obliged to pay any interest on the deposit or security provided. The telecommunications operator is entitled to deduct its overdue receivables together with penalty in- terest interest and collection expenses from the security. The security will be returned, when there are no longer grounds for it. The security or the remaining part of the deposit will be returned within 10 business days from the end of the term of the agreement, provided that the customer has paid all of the charges based on the agreement agree- ment and given their account number and other details required for returning the securityse- curity. If the customer has not paid all of the charges or given all the necessary details by the time the term of the agreement ends, the security or the remaining part of the deposit will be returned within 10 business days of the fulfilment of these requirements.

DEPOSIT AND SECURITY. In connection with the conclusion of the agreement, the telecommuni- cations telecom- munications operator is entitled to require a reasonable deposit or security to guarantee the payments under the agreement, if there is a specific reason for it, such as foreseeable insolvency or other comparable cir- cumstancescom- parable circumstances. Such circumstances include a well-founded foreseeable risk of reluctance to pay or insolvency that is typically preceded by pay, a payment default entry, a failed foreclosure attempt, and a situation where the customer has overdue payments to a telecommunications operator, or where the customer’s credit history cannot be adequately established or where the customer fails to supply their address. The telecommunications operator is may also demand a reasonable security during the term of the agreement, if a relevant authority has found the customer to be insolvent. The telecommunications operator will not obliged to pay any interest on the deposit or security provided. The telecommunications operator is entitled to deduct its overdue receivables together with penalty in- terest interest and collection expenses from the security. The security will be returned, when there are no longer grounds for it. The security or the remaining part of the deposit will be returned within 10 business days from the end of the term of the agreement, provided that the customer has paid all of the charges based on the agreement and given their account number and other details required for returning the security. If the customer has not paid all of the charges or given all the necessary details by the time the term of the agreement ends, the security or the remaining part of the deposit will be returned within 10 business days of the fulfilment of these requirements.