They relate only to the position of investors who are the absolute beneficial owners of the Bonds and does not necessarily apply to certain classes of person (for example, dealers) to whom special rules may apply. 4.3 If we are unable to accept your Application (which we may choose to do at our discretion), we will inform you of this in writing, and we will not accept your payment. 15.2 Nobody else has any rights under the Bonds (except as set out in Condition 14). One of the images in the gallery above shows the brickwork having been built for walls leading out into the stands, as progress continues on site. The On-Loan Agreement sets out the basis upon which the Trust makes the On-Loan to a Group Company to enable the Group Company to advance the Stadium Development. If we choose to do this we will contact you using the methods set out in Condition 3.4. 0 Latest pictures from AFC Wimbledon’s new Plough Lane Stadium With there being no games for us to watch at the moment, we thought it would be good timing to show you the latest pictures from Plough Lane, which will become the new home of AFC Wimbledon later this year. But fate of the project remains uncertain. Once your application has been accepted and your payment received, your purchase is confirmed and we will then send out a certificate in respect of the Bonds that have been issued to you. At this stage, £11,000,000 of further funding is required, and we hope to raise at least £3,000,000 of that sum through this crowdfunding initiative in which our fans and other stakeholders have an opportunity to make loans to the Trust to make this exciting development a reality.
Our new stadium site has become easier on the eye recently with the grass starting to grow at Plough Lane! site, with the pitch continuing to be laid, the roof is on (apart
16 October 2020. 4.1 Bonds may be issued by the Trust, subject to these Conditions, in the amounts specified on our Website from time to time, subject to a minimum loan amount value of £1,000. Club News Take a seat for our historic return home! But coronavirus restrictions mean that fans won’t be present for the long-awaited return home.
In terms of financing the finished stadium build, whilst this Please pay particular attention to any Conditions set out in CAPITALS. We would have been due to play our final match of the EFL season this weekend, but the Coronavirus crisis put all football on hold. The latest pictures show the pitch taking shape and you can also see progress being made inside the stadium. The means that: 4.4.1 the Interest (payable in accordance with Condition 7); and. Group Company means AFCW PLC, or any subsidiary of AFCW PLC. If you are paying from an international account, we may contact you for further banking details. In order to use the live chat functionality you need to opt into live chat cookies. IN PARTICULAR, BECAUSE THE BONDS ARE UNSECURED, THERE IS A RISK THAT YOU MAY LOSE SOME OR ALL OF YOUR INVESTMENT. Website means the website located at www.ploughlanebond.com. we are now looking at October 23 - which was our original Bondholders may wish to note that if this exemption applies, the Trust is required to provide certain information, including the Bondholder's name and place of residence and the amount paid to that Bondholder, to HM Revenue & Customs. in Stadium News and Football To do this click on the cookie settings button below. 10 Procedure on Redemption and Unclaimed Moneys. We are a registered society incorporated in England and Wales under registered number IP29337R and having our registered office at The Cherry Red Records Stadium, Kingsmeadow, Jack Goodchild Way, 422a Kingston Road, Kingston Upon Thames, Surrey KT1 3PB (the “Trust”, “we”, "us” or “our”). These Conditions tell you how Bonds are issued, how interest is paid, how Bonds are redeemed (meaning that the loan is repaid), and other important information.
importance of continuing construction works, if done in accordance Works are underway to construct and develop a new stadium at the Plough Lane site, but additional funding is required to advance the project further. 3.2 RISK FACTORS. Bond Commencement Date has the meaning set out in Condition 4.4. Business Day means a day (other than a Saturday or Sunday) on which banks are open for general business in London. Plough Lane, Wimbledon, is the exciting new stadium development that will provide a significant community and business hub, reatil and commercial space, and conference and private function facilities. Image, courtesy: AFC Wimbledon.
02.12.2019 New construction: Wimbledon added at a tough moment. Close Search the site. The Plough Lane stadium is expected to be completed by the end of October with the first match there planned for November 3 against Doncaster Rovers. Prior to making the On-Loan, the Trust shall hold all funds raised by the Bonds in a separate bank account. Come inside everyone and take a look round your new home! 3.1 Please read these Conditions carefully. If any court or relevant authority decides that any of them are unlawful, the remaining Conditions will remain in full force and effect. 9.3 To the extent that any Bonds are not redeemed under Condition 9.1 or Condition 9.2.1 above (including with respect to Deferred Principal), the Trust shall redeem the Bonds within 15 Business Days of there being Funds Available after payment of interest (including any Deferred Interest Amount) due under the Bonds. 11.3 If the due date for payment of an amount in respect of a Bond is not a Business Day, the Bondholders are not entitled to payment of the amount until the next following Business Day and is not entitled to any further interest or other payment in respect of the resulting delay in payment. Our new stadium site has become easier on the eye recently with the grass starting to grow at Plough Lane! The Dons had been hoping to move into their new ground at …
Once you've checked out our latest photos and video you'll want a debenture even more when they're officially launched tomorrow. 15.3 If a court finds part of these Conditions illegal, the rest will continue in force. 8.2 There are a number of exemptions which may apply to allow any interest on the Bonds to be paid without withholding or deduction on account of United Kingdom Tax, including (but not limited to) where interest on the Bonds is paid by: 8.2.1 the Trust and, at the time the payment is made, the Trust reasonably believes that the Bondholder is within the charge to United Kingdom corporation tax as regards that interest, provided that HM Revenue & Customs has not given a direction that the interest should be paid subject to deduction of Tax; or. Works are underway to construct and develop a new stadium at the Plough Lane site, but additional funding is required to advance the project further. Alternatively you can write to us at The Plough Lane Bond, The Dons Trust, The Cherry Red Records Stadium, Jack Goodchild Way, 422a Kingston Road, Kingston upon Thames, Surrey, KT1 3PB.
8.3 In cases where an exemption does not apply, payments of interest on the Bonds will generally be subject to withholding or deduction on account of United Kingdom Tax, subject to the availability of any domestic law exemption or any relief under the provisions of any applicable double tax treaty. 7.2 Subject to Condition 4.4, interest shall accrue on the Bonds from day to day at the Interest Rate (per annum) calculated on the basis of a 365-day year and actual days elapsed.
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