Common use of Revoking Authorisation Clause in Contracts

Revoking Authorisation. If we have authorised you to act as an investor, we will not normally revoke that authorisation (except in accordance with termination or suspension of your membership, as described in paragraphs 25 and 26), but we reserve the right to do so if facts come to our attention that lead us to believe that you may not have the experience, expertise and knowledge required to understand the risks involved in, and make your own investment decisions about, the investments available through the platform or if we consider there may be legal restrictions on you making investments through the platform. Separately, if you no longer wish to be an investment-authorised member, you may notify us of this, and we will revoke your authorisation on that basis. In the event that your authorisation is revoked, you will no longer be able to act as an investor, but you will continue to be able to act as an entrepreneur, and you will be able to participate in the post-investment process for investments already completed.

Appears in 3 contracts

Samples: Platform Agreement, Nominee Agreement, Platform Agreement

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Revoking Authorisation. If we have authorised you to act as an investor, we will not normally revoke that authorisation (except in accordance with termination or suspension of your membership, as described in paragraphs 25 26 and 2627), but we reserve the right to do so if facts come to our attention that lead us to believe that you may not have the experience, expertise and knowledge required to understand the risks involved in, and make your own investment decisions about, the investments available through the platform or if we consider there may be legal restrictions on you making investments through the platform. Separately, if you no longer wish to be an investment-authorised member, you may notify us of this, and we will revoke your authorisation on that basis. In the event that your authorisation is revoked, you will no longer be able to act as an investor, but you will continue to be able to act as an entrepreneur, and you will be able to participate in the post-investment process for investments already completed.

Appears in 1 contract

Samples: Platform Agreement

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Revoking Authorisation. If we have authorised you to act as an investor, we will not normally revoke that authorisation (except in accordance with termination or suspension of your membership, as described in paragraphs 25 21 and 2622), but we reserve the right to do so if facts come to our attention that lead us to believe that you may not have the experience, expertise and knowledge required to understand the risks involved in, and make your own investment decisions about, the investments available through the platform or if we consider there may be legal restrictions on you making investments through the platform. Separately, if you no longer wish to be an investment-authorised member, you may notify us of this, and we will revoke your authorisation on that basis. In the event that your authorisation is revoked, you will no longer be able to act as an investor, but you will continue to be able to act as an entrepreneur, investor and you will be able to participate in the post-investment process (as described in paragraph 11) for investments already completed.

Appears in 1 contract

Samples: Membership Agreement

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