Unregulated agreement. ThisDeedisanunregulatedagreementforthepurposesoftheFinancialServices andMarketsAct2000andrelatedlegislationand,asaresult,youunderstandthat youarenotentitledtotheregulatoryprotectionsthatwouldotherwiseapplyifthis Deedwasregulatedbysuchlegislation.
Unregulated agreement. This Deed is an unregulated agreement for the purposes of the Financial Services and Markets Act 2000 and related legislation and, as a result, the Guarantors understand that they are not entitled to the regulatory protections that would otherwise apply if this Deed was regulated by such legislation.
Unregulated agreement. If (i) the Lessee is a body corporate, (ii) the Lessee is/are a partnership consisting of entirely bodies corporate,
Unregulated agreement. If you are a Body Corporate or if the total payments due under this Agreement are greater than the designated threshold this Agreement will not be regulated by the Act. Any statement in this Agreement or any copy of this Agreement or in any notice we serve concerning the Act will not apply Regulated Agreement If you are not a Body Corporate or if the total payments due under this Agreement are not greater than the designated threshold this Agreement will be regulated by the Act. If you would like to know more about the protection and remedies provided under the Act, you should contact either your local Trading Standards Department or your nearest Citizen’s Advice Bureau. APPENDIX 2 About your credit Agreement This document has been written in plain English to help you understand it. UK VENDING LTD is appropriately licensed to offer credit. However, to assist our customers and subject to status, we do offer our own Hire Agreement and Credit Accounts with appropriate limitations. You may find it helpful to refer to the checklist set out below and consider applying these to your decisions when entering into Credit arrangements: • Be clear within your own organisation who can sign such agreements • Ensure that the supplier of any goods or equipment involved is reputable and an accredited supplier of the equipment involved. • Ensure with the supplier that the equipment is new, or if not, that you are content that refurbished or used equipment is suitable • Ensure that the completed Agreement corresponds with any verbal or written quotation supplied via the sales-person or negotiator involved. Such verbal or written quotation will ceas to have bearing once you have entered into the Agreement. • Read your Agreement / Contract carefully before signing it and ensure it is correct, particularly in respect of the rental amount and the period of hire or repayment terms. Never sign an agreement that is not fully completed. • Make sure you understand and agree with all terms and conditions of the Agreement / Contra and, if you are unsure, seek advice before you sign the Agreement / Contract. • Make sure you understand the costs involved and whether the agreement allows for any automatic increases in charges. • Check the period of hire and notice period required for its termination and the settlement term to be applied on early termination. • Ensure that the length of the agreement is not longer than expected working life of the equipment involved. • Check whether the ag...
