Common use of Client Moneys Clause in Contracts

Client Moneys. 16.1 Any moneys paid by a person to the Agent by way of a “booking deposit” to secure the tenancy will be held in the Agent's "client account" until the person enters the tenancy, whereupon the “booking deposit” shall be paid to the Client as part of the rental payment. Where no tenancy is entered into, the “booking deposit” shall be ([refunded to the person] or [paid to the Client])* by the Agent.

Client Moneys. 16.1 Any moneys paid by a person to the Agent by way of a “booking deposit” to secure the tenancy will be held in the Agent's "client account" until the person enters the tenancy, whereupon the “booking deposit” shall be paid to the Client as part of the rental payment. Where no tenancy is entered into, the “booking deposit” shall be ([refunded to the person] or [paid to the Client])* person by the Agent.

Client Moneys. 16.1 Any moneys paid by a person to the Agent by way of a “booking deposit” to secure the tenancy will be held in the Agent's "client account" until the person enters the tenancy. When the person enters the tenancy, whereupon the “booking deposit” shall be paid to the Client as part of the rental payment. Where no tenancy is entered into, the “booking deposit” shall be ([refunded to the person] or [paid to the Client])* person by the Agent.

Client Moneys. 16.1 Any moneys paid by a person to the Agent by way of a “booking deposit” to secure the tenancy will be held in the Agent's "client account" until the person enters the tenancy, whereupon the “booking deposit” shall be paid to the Client as part of the rental payment. Where no tenancy is entered into, the “booking deposit” shall be ([refunded to the person] or OR [paid to the Client])* by the Agent.

Client Moneys. 16.1 Any moneys paid by a person to the an Agent by way of a “booking deposit” to secure the tenancy will be held in the an Agent's "client account" until the person enters the tenancy, whereupon the “booking deposit” shall be paid to the Client as part of the rental payment. Where no tenancy is entered into, the “booking deposit” shall be ([refunded to the person] or [paid to the Client])* by the Agent.