These terms and conditions (hereinafter referred to as “Terms”) set out the terms of the agreement between you (hereinafter referred to as “You” or “Your”) as the person or firm named in the registration form for the purposes of setting up an intermediary account with EIS Platforms Limited (herein after referred to as “EISP”). The intermediary account will allow you to access information via our website, currently under the trading name Growth Invest, (herein after referred to as the “Platform”) in order to manage and administer the investment portfolio of your Clients.
In the event that we agree any additional terms and conditions with You (hereinafter referred to as “Additional Terms”), such Additional Terms will make reference to these Terms and include confirmation about which ones shall take precedence.
EISP may use a third-party nominee company in the provision of the services set out in this Agreement, who together with EISP shall be referred to as “We”, “Our” or “Us”. You may be a sole trader, a limited liability company, a partnership, a parent or holding company or company which operate as a network of intermediary firms and/ or business writers (network).
From time to time we may make changes to these terms, for example due to changes in legislation or changes in Our business requirements. We will endeavour to provide You with 30 days’ notice of any changes, however this may not always be possible if the change is because of a change in legislation, or by a regulator or in some instances for operational reasons. We will however endeavour to always let You know as soon as reasonably practical. Any new version of these Terms displayed on the Platform will automatically replace any previous version. In the event that you are not prepared to work with Us on the basis of any new version of these Terms You must contact Us to let Us know that You wish to terminate your relationship with Us.
In these Terms :
“Act” means the Financial Services and Market Act 2000, as amended from time to time or re-enacted.
“Client” means where appropriate, an individual who has nominated you to provide them with services (including advice) and/or for whom you are acting as agent.
“Confidential Information” means all information and materials made available by us either via the Platform or otherwise or by any third party in connection with an Investment. Or any information that you may provide to us that is marked as confidential.
“DPA” means the Data Protection Act 1998.
“FCA” means the Financial Conduct Authority, which expression shall include any replacement or substitute and any regulatory body or person succeeding, in whole or part, the functions of the FCA, or any other relevant supervisory body.
“Fund” means an investment fund that normally contains a portfolio of investments, the investment strategy for which is run by the fund Manager. This also includes funds that hold investments in Qualifying EIS Companies, Qualifying SEIS Companies, and /or Investee Companies.
“Investment” means the equity or other interest (as further described in the Subscription Agreement or any Prospectus that may be made available) to be acquired on your behalf by using the Subscription Funds provided by you.
“Product Terms” means the full terms and conditions and/ or policy provisions that apply and must be read by Your Clients before they purchase any Investment. Where applicable these include the Subscription Agreement, the Investor Terms and Conditions, the agreement provided by the Nominee, the Prospectus and any other related documents send or made available to You or Your Clients, all as amended from time to time.
“Manager” means the FCA regulated investment manager to the Fund that will act as the alternative investment manager to the Fund;
“Nominee” means Platform One Limited whose registered office is at Cedar House, 3 Cedar Park, Cobham, Wimborne, Dorset BH1 7SB, who provides an online investment administration and asset consolidation service and is authorised and regulated by the FCA (no. 542059), or such other third party that may fulfil such function with the prior consent of you and EISP.
“Prospectus” means the relevant prospectus for the Fund prepared, approved and issued by the Manager, including any Supplement issued and any sub-fund prospectus, as they may be further amended, supplemented, restated or otherwise modified from time to time;
“Subscription Agreement” means the form to be completed by you in order to apply to subscriber to make an Investment. The type of form will vary depending upon the type of Investment and will either be made available via the Platform or send to you in the post or by e-mail by EISP or a third party.
“Subscription Funds” means the funds provided by you for the purpose of investing in an Investment opportunity in accordance with these Terms.
“UK” means the United Kingdom of Great Britain and Northern Ireland, excluding the Channel Islands and the Isle of Man.
In these Terms, except where the context otherwise requires, any reference to:
You agree to advise EIPS immediately if any of the above circumstances arise.
The Platform is owned and operated EIS Platforms Limited. If you have any questions in relation to its use or contact details are set out below.GrowthInvest
Telephone: 020 7071 3945