Purchaser agrees to indemnify & save harmless both Consignor & Auctioneers against any damage caused by the acts of the Purchaser. Auctioneers have the right to require proof of adequate insurance coverage from the Purchaser for any purchases requiring dismantling, rigging or hot cutting. Purchaser shall use prudence in effecting such removal. All purchases must be removed from the auction site within the time announced or posted at the auction site and all costs, responsibility and risk of such removal shall be borne by the Purchaser. In the event the Purchaser fails to pay the amount due within the prescribed time, or fails to comply with the Terms, Auctioneers shall retain a possessor lien on all purchases and at Auctioneer's sole discretion, have the right to resell such purchases by public or private sale without notice to Purchaser.ġ1. Purchaser shall not be entitled to possession of any of his purchases until the total purchase price of all his goods has been fully paid. Auctioneers shall not be responsible for loss or damage to any purchase.ġ0. Purchases become the responsibility of the Purchaser. Auctioneers reserve the right to refuse any bid which they consider to be an insignificant advance over the preceding bid.ĩ. Any dispute rising as to any bidding shall be settled by Auctioneers at their sole discretion & Auctioneers may put the Lot in dispute up for sale again. (b) offer any Lots in groups or with privilege.Ĩ. (a) withdraw or cancel the sale of any lot, or Auctioneers, at any time, and at their sole discretion, without notice or liability to buyer may: If the Bidder registered for this Bid Card has registered at this auction under other Bid Cards, all purchases shall be considered for the purposes of interpreting the terms, as if purchased under a single Bid Card.ħ. No person shall have any claim against auctioneers, their agents, employees, or principals for any injuries sustained, nor for damages to or loss of property which may occur from any cause whatsoever.Ħ. Every person at the auction site at any time, shall be there at his own risk with notice of the condition of the premises and the activities thereon and Bidder shall so advise his agents and employees. Flammable, noxious, corrosive & pressurized substances are present, heavy equipment is being operated and electric circuits may be live. Bidder acknowledges that an auction site is a potentially dangerous place. **PLEASE INSPECT THE EQUIPMENT BEFORE BIDDINGĥ. Bidder further agrees to repair, at his cost, any lot purchased at the auction to a safe operating condition and, without limitation, to a condition which meets any standard or requirement of any applicable authority, law or regulation including those concerning any use to which the Lot may be put. (d) are of any particular age, year of manufacture, model, make or conditionīidder agrees he has satisfied himself & is not relying on Auctioneers, nor are Auctioneers liable, for any matter in respect of the above. (b) are fit for any particular purpose, or (a) conform to any standard in respect of safety, pollution, or hazardous material to any standard or requirement of any applicable authority. Specifically, but without limitation, Auctioneers make no representation or warranty that any of the Lots: Each & every Lot will be sold "As Is, Where Is'. There shall be no guarantees or warranties, expressed or implied, statutory or otherwise of any nature whatsoever in respect of the lots offered at the auction.
In the event of non-payment, the Auctioneer may proceed to file the Bidder Registration Agreement as a financing Statement to perfect the security interest granted by the Security AgreementĤ. The bidder grants to the auctioneers a security interest in the purchases to secure payment of the purchase price. (b) to be responsible for the payment of the purchase price due on all the bidder's purchasesģ. (a) to indemnify & save harmless Auctioneers & it's consignors from any & all actions, causes of action, suits, damages, costs & losses of any nature, arising from the purchase or use of any item at the auction sale and/or on the auction site whether before, during or after the auction sale. Bidder, whether acting as principal, agent, officer or director of a company, in any capacity whatsoever, and the company he represents, both jointly & severally agree: "Purchaser accepts a Lot when he makes a bid. The bidder offering the highest bid accepted by the auctioneers shall be the "Purchaser" of the offered lot and no "Purchaser" shall retract his bid. The auction will be conducted by offering the items by lot ("Lot") either individually or in groups. *Call before you pick up, item will be set outside for you.ġ. *ANY ITEMS OVER $500, WE ONLY ACCEPT WIRE TRANSFERS AS PAYMENT, UNLESS APPROVED BEFORE SALE REGARDING OTHER PAYMENT METHOD. Auction Terms & Conditions - 10% BP -CAP $1000/L