These are the trading terms and conditions of The League of Angels Limited, Company Number 09770039, and registered office at 40 Holmefield Belsize Park London NW3 4TT (otherwise known as the “League”). By applying for a membership with the League, each “applicant” agrees to be bound by these terms and conditions for the application process, and in respect of their membership of the Company thereafter (when they are a “member”).
These terms were last updated 12 January 2022.
- Membership Overview
1.1 The League is a Company operating as a private members-only society and corporate solutions business, offering members a range of networking events in their chosen field of interest, including arranging introductions between investors and business owners. These introductions can take the form of commercial introductions and or equity / debt fund raising activities.
1.2 Membership of the League is by invitation only.
1.3 Applicants must be at least twenty-one (21) years of age.
1.4 The League consists of the following members which may change from time to time:
1.4.1 Extraordinary Members;
1.4.2 Individual Ordinary Members;
1.4.3 Honorary members.
1.4.4 International members
1.4.5 “Out of London” members
1.5 Each Member shall pay an “Annual Subscription” inclusive of VAT.
1.6 Members may terminate their annual membership as follows:
1.6.1 members may terminate their membership at any time throughout the year, but will not be entitled to a refund of membership fees; or
1.6.2 members may terminate their membership prior to the annual renewal of the membership, by providing 30 days prior written notice to the League, otherwise the membership will rollover for another year.
1.7 Where members pay by monthly instalments, they may terminate their membership as follows:
1.7.1 members may terminate their membership at any time throughout the year, but must pay the remainder of the annual membership amount within 30 days of termination; or
1.7.2 members may terminate their membership prior to the annual renewal of the by providing 30 days prior written notice to the League, otherwise the membership will rollover for another year, and monthly payments shall continue.
- Membership Rules of Conduct
2.1 The League expects all members to act with professionalism and integrity throughout each event arranged or sponsored by the League.
2.2. The League reserves the right to cancel or suspend a member whose conduct, in the League’s sole opinion, might be injurious to the character or interests of the League, or of any of its members. In such circumstances, the League reserves the right to cancel a membership, without refund.
2.3 Members are not permitted to use the League’s logo, trading association information or any other intellectual property without the express written consent of the League.
2.4 Members are responsible at all times for the conduct of any guests they bring to events. In the event of misconduct of any guest, the League may deal with the member under these terms and conditions as if the member him or herself participated in such conduct.
2.5 Members shall ensure that all Rate Card Fees are paid on time, in accordance with clause 1.8. In the event that Rate Card Fees are not paid within 30 days of the member being informed by the League that Rate Card Fees have not been paid on time, the League reserves the right to immediately cancel the membership, without refund.
2.6 Where any member is no longer a member, or has breached these terms and conditions, the League may publish the details of the member on www.TheLeagueofAngels.com.
2.7 The League reserves the right to cancel memberships immediately where, in the League’s sole opinion, the member has participated in conduct that could cause the league reputational damage. The member concerned shall have no right of appeal in such circumstances, and the member’s fees shall not be refunded upon cancellation of membership.
- Financial Regulation
3.1 Members accept and acknowledge that the League is registered with the Financial Conduct Authority as an introducer for the purposes of investment activity.
3.2 The League shall never recommend an investment opportunity, and is not regulated or authorised to do so. The role of the League is simply to showcase ventures of interest to members.
3.3 The League shall assume no responsibility or liability for any harm caused as a result of any investment arranged or entered into as a result of contact established via the League (an “Investment”).
3.4 Members shall have no right of recourse against the League for any adverse financial implications, resulting from an Investment, including but not limited to the value of the Investment going down.
3.5 The League recommends that members seek independent legal, tax and/or financial advice prior to making an investment decision.
4.0 Rate Card Pricing
4.1 In addition to the Annual Subscription, all members are also required to pay the League a fee (a “Rate Card Fee”) in respect of any investments or financial transactions that arise from an initial introduction or meeting arranged by the League. A proportion of this Rate Card Fee is donated to our annual charities including The Royal British Legion and The Royal Hospital Chelsea.
Members agree to pay the Rate Card Fees as follows:
4.1.1 an Introduction Fee of 5% of any ultimate investment raised via the League network (both equity or debt or combined); and/or
4.1.2 a Fee of no less than 2.5% of the commercial value of any financial transaction (including new sales or business opportunities) that was originally introduced or made by The League.
For the avoidance of doubt, this clause 4 shall survive termination of League membership . Where an introduction or meeting has occurred which leads to such an investment or transaction taking place, the League shall remain entitled to charge the Rate Card Fee set out in this clause 4. The League reserves the right to raise a Rate Card Fee to former members who continue to utilise the introductions and League network post termination of Membership. Each Applicant acknowledges the survivability of this clause and will apply these Rate Card charges during and post membership.
4.2 Rate Card fees become due and payable five (5) business days post receipt of new funds or execution of new commercial contract. Each member is obligated to notify the League in writing of any transaction which arose from an introduction via the League. Failure to comply with these conditions may result in the automatic termination of Membership, the cancellation of share capital and a recovery of all introduction fees outstanding. The League also reserves the right to publish the names of all former League members now terminated.
- General
5.1 The League reserves the right to amend these terms and conditions at any time and without prior consultation with members. The League shall produce updated terms and conditions on its website, and is under no obligation to individually inform members of such changes.
5.2 If any member wishes to serve a notice on the League, it shall do so by pre-paid first-class post or recorded delivery, or can be delivered personally. The address for sending notices is the address given at the beginning of these terms and conditions. Notices may not be sent by fax or email.
4.3 If a notice is sent correctly under clause 4.2, it will be assumed that it has been received at the time of delivery if it is delivered personally, or within 48 hours if it is sent by first class or recorded post.
4.4 These terms and conditions, and any non-contractual obligations arising hereunder, are governed by the laws of England and Wales. The courts of England shall have exclusive jurisdiction.
Events (including Partner Events) and Investor Dinners
The League of Angels reserves the right to modify, change, rearrange, cancel or otherwise alter the event date, time, attendees, speakers and schedule at any time.
The League of Angels will not be liable for damage, injury, accident, loss, delay or irregularity, which occurs by reason of any act or default committed by any person or company.
Should for any reason any event by The League of Angels be cancelled due to terrorism, poor weather, act of God, environmental action, industrial action or any other eventuality or occurrence beyond our control, The League of Angels shall do it’s best to reschedule, but the delegate hereby indemnifies us and holds us harmless from and against any and all costs, fees, damages, expense, loss including legal fees incurred by the delegate.
The League of Angels events and Investor Dinners may be recorded/photographed for various media publications including video, podcasts and social media posts. By attending any event you agree that your images may be used in any media use by The League of Angels and our partners without additional consent or payment. If you do not wish your images to be included in such media, please notify us in writing prior to the event.
The League of Angels reserves the right to refuse entry to any individual. All costs of attending the event will be incurred by the attendee and The League of Angels will not be liable for any cost incurred by any attendee of any type.
2022 The League of Angels Ltd - Company No.09770039