Tenant fails to pay. If the Tenant does not pay all fees on the due date, then OAB (on the Owner’s behalf) shall be entitled to cancel the booking and retain the 25% booking deposit paid by the Tenant (which shall be paid by OAB to the Owner, less OAB’s fees (being 50 % of the booking deposit) plus VAT).
Appears in 6 contracts
Samples: Booking Agent Agreement, Booking Agent Agreement, Booking Agent Agreement
Tenant fails to pay. If the Tenant does not pay all fees on the due date, then OAB (on the Owner’s behalf) shall be entitled to cancel the booking and retain the 25% booking deposit paid by the Tenant (which shall be paid by OAB to the Owner, less OAB’s fees (being 50 50% of the booking deposit) plus VAT).
Appears in 2 contracts
