Common use of Security Deposit Requirements Clause in Contracts

Security Deposit Requirements. The City of Monroe will require a security deposit for all types of service connections. The amount of the required deposit will be determined by the currently in-force chart of “Service Deposit Requirements.” This chart documents the deposit requirements for residential customers based upon the services they desire and their credit standing. The credit standing is determined when the customer applies for new service or transfers service.

Security Deposit Requirements. The City of Monroe will require a security deposit for all types of service connections. The amount of the required deposit will be determined by the currently in-force chart of “Service ·service Deposit RequirementsReguirem�nts.” " This chart documents the deposit requirements for residential customers based upon the services they desire and their credit standing. The credit standing is determined when the customer applies for new service or transfers service.