Common use of Amount of Security Clause in Contracts

Amount of Security. (a) If we ask you to provide security, the amount will be no more than: (i) 1.5 times the average bill if you are on a quarterly billing cycle; or (ii) 2.5 times the average bill if you are on a monthly billing cycle. (b) To work out the average bill we can either use your billing history or the consumption of similar customers or business types.