The sport of horseracing is unpredictable. Any information conveyed to Members is provided for anecdotal and entertainment purposes only. The Club, the Club Manager and the Trainer do not recommend that the Member take any course of action in reliance upon any information imparted to the Member. The Club, the Club Manager and the Trainer accept no liability for any loss caused to the Member if, against advice given in these terms, the Member takes any course of action relying on that information.<\/li>\n<\/ol>\n7. PRIZE MONEY<\/strong><\/p>\n\n- The Member\u2019s Prize Fund shall be distributed on an annual basis to all Members.<\/li>\n
- All fully paid-up Members will receive 0.5% (1\/200) of the Members Prize Fund attained during the period of their subscription.<\/li>\n
- The amount of money due to Members will be calculated on a pro-rata basis, based on the start date of membership. For example, The Club\u2019s financial year starts on 1st October, therefore any Member joining in the period between 1st November-30th September will be due the pro-rata percentage equivalent.<\/li>\n
- Any money due will be distributed at the end of the financial year in which they were received to The Club by Weatherby\u2019s.<\/li>\n
- All monies due will be received by Members into their nominated bank account within 8 weeks of the end of the financial year.<\/li>\n<\/ol>\n
8. TERMINATION RIGHTS<\/strong><\/p>\n\n- The Club Manager may (without prejudice to any other rights) terminate the Member\u2019s membership of the Club immediately if any of the following events occur:-\n
\n- The Member fails to pay the Subscription Fee (or any part of it) as it falls due;<\/li>\n
- The Member commits a breach of any provision of these terms which is, in the Club Manager\u2019s opinion, a serious or irremediable breach;<\/li>\n
- The Member, in the Club Manager\u2019s opinion, commits any act which brings the Club into disrepute, including but not limited to failure to adhere to the rules of a racecourse, receiving a ban from attending any racecourse, causing distress, offence or embarrassment to or defaming any other Member of the Club, the Club Manager or Trainer, or any of their staff; or<\/li>\n
- The Member enters into a formal or informal insolvency process.<\/li>\n<\/ol>\n<\/li>\n
- In the event that the Club Manager elects to terminate the Member\u2019s membership pursuant to this clause, the Member shall remain liable to pay the balance of any of the Minimum Payable Sum which has not already been paid by the Member.<\/li>\n
- Any failure or delay by the Club Manager to exercise any right or remedy provided under this agreement or by law shall not constitute a waiver of that or any other right or remedy, nor shall it prevent or restrict any further exercise of that or any other right or remedy.<\/li>\n<\/ol>\n
9. DISSOLUTION OF THE CLUB<\/strong><\/p>\n\n- If at any time the Club Manager thinks it desirable to permanently cease the running of the Club he shall give Members 28 days written notice of his intention to dissolve the Club. Upon cessation of the activities of the Club the Member\u2019s membership shall terminate and their obligation to pay the Subscription Fee shall cease. Where the Subscription Fee has been paid in advance, the Member shall receive a proportionate refund. The Prize Money Fund shall be distributed in accordance with these terms.<\/li>\n<\/ol>\n
10. LIABILITY<\/strong><\/p>\n\n- Save as is provided for by these Terms, each Member\u2019s total liability pursuant to this Agreement shall be capped at \u00a31 and they shall have no personal responsibility for the settlement of the Club\u2019s debts and liabilities beyond the amount that they are liable to contribute pursuant to this clause.<\/li>\n
- The Club\u2019s total liability pursuant to this Agreement in contract, tort (including negligence), breach of statutory duty, or otherwise, arising under or in connection with this Agreement and howsoever arising will be the total sum paid by the Member to the Club pursuant to these Terms. The Member further agrees that the Club shall have no liability to it for any loss, howsoever caused, in respect of loss of profits, loss of sales or business, loss of agreements or contracts, loss of anticipated savings, loss of or damage to goodwill and indirect or consequential loss. Nothing in this clause shall limit any liability which cannot legally be limited, including any liability for fraud or for personal injury.<\/li>\n<\/ol>\n
11. CANCELLATION RIGHTS<\/strong><\/p>\n\n- If a Member changes their mind within 14 days of signing up to a membership subscription then they are entitled to cancel this subscription according to the current consumer legislation. In such circumstances they must notify The Club Manager via a written letter stating their desire to cancel. This letter must be received by the Club Manager via email or post at the addresses listed on the end of these Terms within the 14-day window, and the member will be entitled to a full refund of any monies already taken.<\/li>\n
- If a member chooses to cancel their subscription after the 14 day period, but before they have completed a full 12-month period then they will still be liable to pay the total annual subscription amount of \u00a3300.<\/li>\n
- A Member may cancel their subscription at any time after the initial 12 month period has elapsed, by giving one month\u2019s notice in writing of their intention to terminate their subscription to the Club Manager at the address listed at the end of these Terms.<\/li>\n
- If a member believes that they are not receiving the advertised benefits of their membership, they are encouraged to contact The Club to discuss this. In the unlikely possibility that an amicable agreement cannot be reached between the member and The Club, then members can seek further advice from their local Citizens Advice Bureau or Trading Standards Office.<\/li>\n
- Members may not sell, gift or transfer their membership to the Club.<\/li>\n<\/ol>\n
MISC<\/strong><\/p>\n\n- The agreement between the Member and the Club and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with it or its subject matter or formation shall be governed by and construed in accordance with the law of England and Wales. Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with the agreement or its subject matter or formation.<\/li>\n
- The Club reserves the right to amend these Terms.<\/li>\n<\/ol>\n
<\/p>\n
\n
Lycett Racing 100 Club, Heritage House, Cossall Industrial Estate, Ilkeston, Derbyshire, DE7 5UD
info@lycettracing.co.uk<\/a> \u00a0 07377 448298<\/a> \u00a0 www.lycettracing.co.uk<\/a><\/strong><\/p>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"
Terms and Conditions of Membership Lycett Racing 100 Club (herein after referred to as \u2018The Club\u2019) confers on the member \u2013 for the duration of their membership \u2013 certain benefits associated with The Club\u2019s ownership of horses currently in training. The benefits are detailed below in the following Terms of Membership: DEFINITIONS The Club Manager […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"
![\"\"](\"https:\/\/lycettracing100club.co.uk\/wp-content\/uploads\/2019\/09\/LycettRacing-logobw-300x220.jpg\")
Terms and Conditions of Membership<\/h1>\r\nLycett Racing 100 Club (herein after referred to as \u2018The Club\u2019) confers on the member \u2013 for the duration of their membership \u2013 certain benefits associated with The Club\u2019s ownership of horses currently in training. The benefits are detailed below in the following Terms of Membership:\r\n\r\n1. STABLE VISITS\r\n\r\n \t- Attendance at pre-arranged visits to the Trainers Yards, where there will be the opportunity to meet the Trainers, tour the stables and see the horses working on the gallops.<\/li>\r\n \t
- Visits will be on set dates and attendance must be pre-booked.<\/li>\r\n \t
- \u00a0Members will be offered the opportunity to attend stable visits at all our yards, regardless of the proximity to their location.<\/li>\r\n \t
- The proposed format of each stable visit will be very similar, but the actual format on the day may vary due to factors such as weather conditions, staffing availability etc.<\/li>\r\n \t
- Photography (without flash) is usually allowed within the stable environment but decisions on the day will be left to the discretion of the Yard staff.<\/li>\r\n \t
- Members must adhere to the code of conduct in the Yard at all times. Food must not be consumed within the proximity of any horses and smoking and\/or consumption of alcohol is prohibited.<\/li>\r\n \t
- Most visits will be free of charge to members but may include optional aspects that are chargeable in advance (such as overnight accommodation \/ lunches etc.) Where these chargeable options are available, members will be given sufficient information and notice and are not obliged to partake in these aspects if they do not wish to do so.<\/li>\r\n \t
- Members may request to bring along a guest\/s, but this request must be made in advance and authorized by The Club. Whilst The Club will endeavor to meet all reasonable request, in some circumstances additional guests may not be allowed due to limitations set by the Yard and in such cases, the decision given must be adhered to.<\/li>\r\n<\/ol>\r\n2. ATTENDANCE AT RACE DAYS AND\/OR SOCIAL EVENTS\r\na) Due to the various locations of our Trainers yards, The Clubs horses are likely to race at different Racecourses throughout the UK and Ireland. Stable location does not restrict our Trainers decisions on which races to enter the horses in however, and therefore The Club will not be able to guarantee that the horses will run at courses local to the yards.\r\nb) If a member wishes to attend a race where one of The Club\u2019s horses are running then they are eligible to apply for a free badge. To do this, the member must apply via the form on The Club\u2019s website, or alternatively send an email to info@lycettracing.co.uk stating which date and course they would like to attend.\r\nc) Wherever possible, The Club will guarantee its members free entry to the racecourse whenever The Clubs horses are running. Due to the restrictions on owners badges available at each course, this may not always be possible. In these cases, members will be entered into a ballot to receive free badges and these will be allocated as fairly as possible. Additional badges may be available to purchase, sometimes at a discounted rate.\r\nd) The Member may not re-sell or transfer a ticket and tickets cannot be returned for a full or partial refund under any circumstances.\r\ne) If the horse is successful in the race, members in attendance at the course will be invited to join the horse, jockey, trainer and other members in the winner\u2019s enclosure to celebrate together and partake in photo opportunities.\r\nf) It is the responsibility of the Member to adhere to the relevant dress code and code of conduct expected by each racecourse and venue. Any member deemed to be acting in a manner which could cause embarrassment, offence or distress to another person may be barred from attending future events and their membership withdrawn with immediate effect. In such circumstances, the decision of the Club Managers shall be final and binding.\r\ng) By attending an event, the Member gives The Club their consent to use their images or likeness in any live or recorded video, photograph, publicity material or website.\r\nh) Events are subject to cancellation at short notice. The Club shall not be responsible if any event is affected by weather or any other reason beyond its control. The Club\/event venue reserves the right to cancel or abandon any event without further notice and without being liable to pay any compensation or refund to Members. Where tickets have been purchased by members for themselves and\/or guests, refunds will be made at the discretion of the venue.\r\n\r\n3. REGULAR UPDATES AND INFORMATION\r\na) The Club will endeavor to keep its members informed regularly of any news, progress, successes and general information regarding its horses and may also from time-to-time include additional information or offers that The Club deems relevant or of interest to its members. These updates will be sent via email, and on application to The Club, members will be required to sign-up to the mailing list in order to receive these (in accordance with current data protection regulations)\r\nb) Email newsletters will be received by all members on a quarterly basis. From time-to-time The Club may recognise a need to send out information via an additional newsletter.\r\nc) Members will receive access to a log-in area of The Clubs website which will enable them to access various other sources of information that may be of interest to them. NB: This area of the website is currently under construction but log-in details will be sent out to members as soon as it is available for use.\r\nd) Exclusive information may also be made available to members via social media feeds (primarily via WhatsApp) Members will be required to sign-up to the relevant feeds\/groups in order to receive this information.\r\ne) When the Club has a horse in a race, The Club will endeavour to keep members up to date with trainer information regarding the winning chances of the horse. This will be done by email \/ website \/ social media. This information must not be conveyed to third parties.\r\nf) Members may choose to unsubscribe from these mailings and updates at any time by emailing unsubscribe@lycettracing.co.uk however by doing so, members must recognize that this may restrict The Club from providing the full benefits of their membership.\r\ng) Any personal details held by The Club will be utilized in accordance with the current GDPR legislation. The Club\u2019s privacy policy can be found online at www.lycettracing.co.uk\/privacy-policy.\r\nh) The sport of horseracing is unpredictable and no specific guarantees can be made in any respect. Any exclusive information received by members is for entertainment only and the member shall be solely responsible for deciding how to use it. The Club shall not bear responsibility for the accuracy of any such information or be liable to the Members for any losses they may suffer by relying on it.\r\n\r\n4. PRIZE MONEY\r\na) 25% of any prize-monies won by The Club\u2019s horses (after deductions of all race-related costs such as -but not limited to - Weatherby\u2019s deductions, VAT, Trainers racing fees and racing admin fees) will form the \u2018Members Prize fund\u2019 and will be held by The Club for distribution to Club members on an annual basis.\r\nb) All fully paid-up members will receive 1% (1\/100) of the allocated \u2018Members Prize-fund\u2019 attained during the period of their subscription.\r\nc) The amount of prize-money due to members will be calculated on a pro-rata basis, based on the start date of membership. For example, The Club\u2019s financial year starts on 1st October, therefore any member joining in the period between 1st November-30th September will be due the pro-rata percentage equivalent.\r\nd) Any prize-money due will be distributed at the end of the financial year in which they were received to The Club by Weatherby\u2019s.\r\ne) All prize-monies due will be received by members into their nominated bank account within 8 weeks of the end of the financial year.\r\n\r\n5. MEMBERSHIP SUBSCRIPTIONS\r\na) Membership is effective for a minimum of 12 months from the date of joining.\r\nb) The monthly subscription fee is \u00a3100 per month to be paid monthly via Direct Debit to be taken on the 1st of every month.\r\nc) A one-off upfront payment of \u00a31200 is also available.\r\nd) Upon completion of the 12-month period, the membership will automatically renew and monthly payments will continue to be taken.\r\ne) Non-payment of the membership fees when they are due constitutes a material breach of Terms and The Club reserve the right to cancel the membership with immediate effect.\r\nf) Membership of Lycett Racing 100 Club is purely for entertainment and must not be regarded as an opportunity for investment.\r\ng) Membership will be capped at a maximum of 100, and The Club reserves the right to refuse any application if they choose to do so.\r\nh) Members must be aged 18 or over.\r\ni) The Club will have a minimum of three horses at any one time running under the Club colours. If one of these three is unable to race for any reason, then all efforts will be made to find a suitable replacement for that period.\r\nj) Members do not own a share of the horses and have no financial interest other than that stated in these Terms & Conditions.\r\nk) All decisions affecting the running and training of The Club\u2019s horses are solely the responsibility of the Trainer (in confidence with The Club Manager). Members do not have any decision-making rights when it comes to entering of races or the buying and selling of horses etc.\r\nl) All decisions relating to administration and general management will be made by the Managers of The Club.\r\n\r\n6. CANCELLATION RIGHTS\r\na) If a member changes their mind within within 14 days of signing up to a membership subscription then they are entitled to cancel this subscription according to the current consumer legislation. In such circumstances they must notify The Club via a written letter stating their desire to cancel. This letter must be received by the club secretary via email or post at the addresses listed on the bottom of these Terms and Conditions within the 14-day window, and the member will be entitled to a full refund of any monies already taken.\r\nb) If a member chooses to cancel their subscription before they have completed a full 12-month period then they will still be liable to pay the total annual subscription amount of \u00a31200.\r\nc) If a member believes that they are not receiving the advertised benefits of their membership, they are encouraged to contact The Club to discuss this. In the unlikely possibility that an amicable agreement cannot be reached between the member and The Club, then members can seek further advice from their local Citizens Advice Bureau or Trading Standards Office.\r\nd) The Club reserves the right to amend the Terms at any time.\r\n\r\nLycett Racing 100 Club, Heritage House, Cossall Industrial Estate, Ilkeston, Derbyshire, DE7 5UD\r\ninfo@lycettracing.co.uk 07377 448298 www.lycettracing.co.uk","_et_gb_content_width":"","footnotes":""},"yoast_head":"\nTerms & Conditions - Lycett Racing 100 Club<\/title>\n<meta name=\"description\" content=\"Terms & Conditions of Membership of Lycett Racing 100 Club\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lycettracing100club.co.uk\/terms-conditions\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terms & Conditions - Lycett Racing 100 Club\" \/>\n<meta property=\"og:description\" content=\"Terms & Conditions of Membership of Lycett Racing 100 Club\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lycettracing100club.co.uk\/terms-conditions\/\" \/>\n<meta property=\"og:site_name\" content=\"Lycett Racing 100 Club\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-11T11:19:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/lycettracing100club.co.uk\/wp-content\/uploads\/2019\/09\/LycettRacing-logobw-300x220.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"15 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/lycettracing100club.co.uk\/terms-conditions\/\",\"url\":\"https:\/\/lycettracing100club.co.uk\/terms-conditions\/\",\"name\":\"Terms & Conditions - 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