Prize Money Guarantee
Action Thoroughbreds offers you a GUARANTEED $1000 Voucher if your horse does not win prizemoney! We are able to provide this unique offer to you because we are confident in the professionals that we employ and the selection process that we have developed over many
years. At Action Thoroughbreds we understand the speculative nature of racehorse ownership therefore we provide, peace of mind by lowering the risk on your investment.
The Guarantee
Action Thoroughbreds Pty Ltd. DOES HEREBY GUARANTEE to provide a $1000 voucher per 10% share holding or $500 voucher for 5% share holding to those syndicate members if:
a) The horse has not won any prizemoney whilst the horse is owned by the syndicate.
b) Within 14 days of them being notified by Action Thoroughbreds Pty Ltd that a Veterinary Surgeon nominated by Action Thoroughbreds has certified in
writing as to his opinion that the syndicate's horse, for whatever reason, be it injury or illness, is:
(i) unlikely to ever be able to start in an official race. The $1000 Voucher can only be used to purchase another 10 % share in any 10 share standard horse partnership or $500 Voucher in any 20 share standard horse partnership
of Action Thoroughbreds Pty Ltd horses being offered as part of a new partnership.
Provided that
(i) Any syndicate members who are in arrears with the payment of their syndicate fees for a period in excess of one month will not be entitled to receive a Voucher.
(ii) This guarantee will not apply if the original syndicate's horse dies and the insurer of the syndicate's horse makes payment pursuant to the syndicate's insurance policy.
(iii) This guarantee will not apply to any shares purchased with a Prizemoney Guarantee Voucher.
(iv) The voucher can not be used in any multiple horse partnership.Thi
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