Common use of Qualifying Investments Clause in Contracts

Qualifying Investments. 5.1 You can only hold qualifying Investments in your Investment ISA. If any of the shares that you hold in your Investment ISA are not, or cease to be, qualifying Investments under the ISA Regulations, we will ask you whether you want us to sell them and pay the proceeds to your Investment ISA, or re-register them into your own name or your nominee’s name, subject to the operation of law and the market conditions at the time. We may charge you for this. 5.2 We will tell you where it is apparent at the time we receive your Instructions to buy shares whether they are qualifying Investments.

Appears in 2 contracts

Samples: Smart Investor Terms, Investment Services Agreement

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Qualifying Investments. Section B 5.1 You can only hold qualifying Investments investments in your Investment ISA. If any of the shares that you hold in your Investment ISA are not, or cease to be, qualifying Investments investments under the ISA Regulations, we will ask you whether you want us to sell them and pay the proceeds to your Investment ISA, or re-register them into your own name or your nominee’s name, subject to the operation of law and the market conditions at the time. We may charge you for this. 5.2 We will tell you where it is apparent at the time we receive your Instructions to buy shares whether they are qualifying Investmentsinvestments.

Appears in 1 contract

Samples: Investment Agreement

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Qualifying Investments. Section B 5.1 You can only hold qualifying Investments investments in your Investment ISA. If any of the shares that you hold in your Investment ISA are not, or cease to be, qualifying Investments investments under the ISA Regulations, we will ask you whether you want us to sell them and pay the proceeds to your Investment ISA, or re-register them into your own name or your nominee’s name, subject to the operation of law and the market conditions at the time. We may charge you for this. 5.2 We will tell you where it is apparent at the time we receive your Instructions to buy shares whether they are qualifying Investmentsinvestments.

Appears in 1 contract

Samples: Terms and Conditions

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