Common use of Form of Deposit/Assurance of Payment Clause in Contracts

Form of Deposit/Assurance of Payment. Unless otherwise agreed by the Parties, the deposit or assurance of payment shall consist of: (a) a cash security deposit in U.S. dollars held by CenturyTel, (b) an irrevocable standby letter of credit naming CenturyTel as the beneficiary thereof, (c) a surety bond in a form acceptable to CenturyTel, or (d) some other form of security as the Parties may mutually agree.

Form of Deposit/Assurance of Payment. Unless otherwise agreed by the Parties, the deposit or assurance of payment shall consist of: of (a) a cash security deposit in U.S. dollars held by CenturyTel, (b) an an, irrevocable standby letter of credit naming CenturyTel as the beneficiary thereof, (c) a surety bond in a form acceptable to CenturyTel, CenturyTel or (d) some other form of security as the Parties may mutually agree.

Form of Deposit/Assurance of Payment. Unless otherwise agreed by the Parties, the deposit or assurance of payment shall shall, at CenturyTel's option, consist of: of (a) a cash security deposit in U.S. dollars held by CenturyTel, or (b) an unconditional, irrevocable standby letter of credit naming CenturyTel as the beneficiary thereof, (c) thereof and otherwise in form and substance safisfactory to CenturyTel from a surety bond in a form financial insfitution acceptable to CenturyTel, or (d) some other form of security as the Parties may mutually agree.

Form of Deposit/Assurance of Payment. Unless otherwise agreed by the Parties, the deposit or assurance of payment shall consist of: of (a) a cash security deposit in U.S. dollars held by CenturyTel, (b) an irrevocable standby letter of credit naming CenturyTel as the beneficiary thereof, (c) a surety bond in a form acceptable to CenturyTel, or (d) some other form of security as the Parties may mutually agree.

Form of Deposit/Assurance of Payment. Unless otherwise agreed by the Parties, the deposit or assurance of payment shall shall, at CenturyTel's option, consist of: of (a) a cash security deposit in U.S. dollars held by CenturyTel, or (b) an unconditional, irrevocable standby letter of credit naming CenturyTel as the beneficiary thereof, (c) thereof and otherwise in form and substance satisfactory to CenturyTel from a surety bond in a form financial institution acceptable to CenturyTel, or (d) some other form of security as the Parties may mutually agree.

Form of Deposit/Assurance of Payment. Unless otherwise agreed by the Parties, the deposit or assurance of payment shall consist of: (a) a cash security deposit in U.S. dollars held by CenturyTelCenturyLink, (b) an irrevocable standby letter of credit naming CenturyTel CenturyLink as the beneficiary thereof, (c) a surety bond in a form acceptable to CenturyTelCenturyLink, or (d) some other form of security as the Parties may mutually agree.