Terms & Conditions

Payment Terms:

Payment is due to RBP Ltd. Settlement must be received in advance on subscription services or within 10 days on additional work as the services will typically have been delivered up to 30/60 days prior to the invoice being submitted. The title in the goods remains with RBP Ltd until the amount due is paid. RBP Ltd reserves the right to withhold further supplies in the event of amounts payable becoming due. This contract is subject also to the terms and conditions of use as detailed in the site at www.rbponline.co.uk. Where applicable VAT will be detailed on invoices at the appropriate rate. Publications are zero-rated when supplied in hard copy only; site licence fees and data supplied electronically attracts VAT and will be invoiced accordingly.

Renewal Policy:

No refund can be made in the event of cancellation of service during the subscription period. If the client shall make default in punctual payment of any of the sum due or payment is made after the 10 days agreed, RBP reserves the right to charge and be paid interest at the rate of 4% per annum above the Lloyds Bank base rate then prevailing on any balance remaining. In the first year payment is required in full in advance. In in the event of default the full balance for the first year’s subscription becomes due immediately. Interest is payable from the date of invoice until the date of receipt of payment. Notice of termination of the agreement can be given by either side on 3 months’ notice after the expiry of the initial term (typically 12 months from purchase or inception of the subscription service).

Services and Additional Services:

A NED subscription includes unrestricted access to the Reports and email updates. This includes email and advisory support as required on issues arising from the information services. NED on-site support or advisory support at Board meetings or on key projects as required will typically be agreed separately regarding extent, timing and scope and include these general terms and conditions. Any additional prospecting or introduction services that are commissioned (‘NED GTM’) will again be agreed in scope separately subject to these terms and conditions, and are, unless expressly agreed otherwise, chargeable at the rate of £1250+vat per day for deal design and due diligence work and a 2% commission is payable on deals introduced, designed, and/or marshalled, payable on completion based on the enterprise valuation upon which the deal is based. Should negotiations be terminated or lapse during the period of the engagement and yet restored or recovered within a period of 3 years from the last engagement, the commission and fees will remain payable.

Copies and Distribution:

All rights are reserved and any infringement of RBP Limited’s copyright will be pursued through the courts. In particular, photocopying brief extracts for normal business discussion is permitted, but distribution of more than a whole page is forbidden without prior permission. RBP Ltd reserve the right to refuse to supply, or refuse to continue to supply anyone or any company employing anyone who is, or is likely to, in the opinion of the directors of RBP Ltd, infringe copyright or compromise the integrity of the data provided. Discounts are available for multiple copies and subscriptions on an all-you-can-east basis. Subscribers are entitled to use extracts of the data for management reporting and analysis, provided that due acknowledgement of the source is made.

Copyright:

The customer hereby acknowledges that no rights to any copyright or intellectual property subsisting in the goods are granted to or otherwise vested in the customer. © 2021 RBP Ltd.

Liability:

RBP Ltd takes every care to ensure that official data is reproduced accurately and estimates of financial data are compiled on reasonable assumptions and industry benchmarks. RBP Ltd expects subscribers to take professional advice on all M&A and competitor benchmarking matters. Subscribers typically do not and should not rely exclusively on one Report or advisory source only and NED’s services are provided expressly on the basis that full legal, accountancy, tax and commercial due diligence services are engaged as required. NED is not a deal underwriter or insurer in any sense and, while not excluding liability for serious personal injury or fraud, the liability for the performance of the services is limited to the extent of the fees paid for them.

Transfer and adjustments:

Subscriber details can be adjusted at any time by emailing info@nedlegal.co.uk.

RBP Ltd

Registered Office:

Wedmore House, The Green, Great Bourton, Oxfordshire, OX17 1QH