Common use of XXXXXXX MONEY/DEPOSITS Clause in Contracts

XXXXXXX MONEY/DEPOSITS. Licensee acknowledges and understands that Broker does not maintain a trust fund account and that any xxxxxxx money deposits shall NEVER ever be touched by licensee. Licensee should notify their client(s) immediately to arrange for any xxxxxxx money deposits needing to be delivered and submitted and then it should be reported to the broker. Licensee shall not ever receive ANY funds from clients nor receive ANY cash or other types of payments from clients. Initial Here

Appears in 4 contracts

Samples: Agreement, Agreement, Independent Contractor Agreement

AutoNDA by SimpleDocs

XXXXXXX MONEY/DEPOSITS. Licensee acknowledges and understands that Broker Xxxxxx does not maintain a trust fund account and that any xxxxxxx money deposits shall NEVER ever be touched by licensee. Licensee should notify their client(s) immediately to arrange for any xxxxxxx money deposits needing to be delivered and submitted and then it should be reported to the broker. Licensee shall not ever receive ANY funds from clients nor receive ANY cash or other types of payments from clients. Initial Here

Appears in 4 contracts

Samples: Independent Contractor Agreement, Independent Contractor Agreement, Independent Contractor Agreement

AutoNDA by SimpleDocs

XXXXXXX MONEY/DEPOSITS. Licensee acknowledges and understands that Broker does not maintain a trust fund account and that any xxxxxxx money deposits shall NEVER never ever be touched by licensee. Licensee should notify their client(s) closing immediately to arrange for any xxxxxxx money deposits needing to be picked up or delivered and submitted on behalf of the client and then it should be reported to the broker. Licensee shall not ever receive ANY funds from clients nor receive ANY cash or other types of payments from clients. Initial HereAll trust funds shall be handled in compliance with the Business and Professions Code, and other applicable laws.

Appears in 1 contract

Samples: Independent Contractor Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.