Coutts definition
Examples of Coutts in a sentence
The number of Seaside Shares to be issued will be based on the conversion rate of the British Pound Sterling to the US Dollar in effect as of the close of business on the day preceding the Closing Date, as quoted by Coutts & Co. as the commercial rate it gives to purchase US Dollars.
The following form the legally binding agreement between you and ESL: • online application submitted by you for the Coutts Invest Pension; • these terms and conditions and any documentation you receive from ESL confirming the scheme has been set up; and • any subsequent documents ESL sends to you concerning changes to the above.
Should no contributions and/or transfers in be made to your Coutts Invest Pension within three months of initial set-up, ESL reserves the right to terminate your Coutts Invest Pension on giving you written notice, after which you will cease to be a member.
Any Investments in your Coutts Invest ISA will automatically be sold and your Linked Cash Account will automatically be closed upon closure of your Coutts Invest ISA, with all cash transferred to your Current Account.
The Company will give the Trustee written notice of any such suspension of covenants and in any event not later than five Business Days after such suspension has occurred.
Instructions about your plan, whether they relate to contributions, transfer payments, benefits, or your investment instructions, must be: • given in a format acceptable to ESL or (if ESL agrees) ▇▇▇▇▇▇ & Co; • submitted to ESL via ▇▇▇▇▇▇ & Co; • identifiable by including your plan’s full name and reference number; and • actually received before they are effective, at the following address: Coutts Invest, 1st Floor, Trinity Quay I, Avon Street, Bristol BS2 0PT.
Your written cancellation notification must be sent to the following address: Coutts Invest, 1st Floor, Trinity Quay I, Avon Street, Bristol BS2 0PT.
Unless ESL decides otherwise, a member can transfer benefits from another registered pension scheme to the Coutts Invest Pension.
In addition, after making a pension transfer into your Coutts Invest Pension you may cancel that transfer within 30 days from the date the transfer is completed.
In addition, should you cancel a transfer in where, at the time, no single or monthly contributions have been paid and no other transfer in applications to the Coutts Invest Pension have been made by you, ESL reserves the right to terminate your Coutts Invest Pension on giving you written notice, after which you will cease to be a member.