IMPORTANT AUCTION NOTICES:
All prospective bidders must register & be approved by Cincinnati Industrial Auctioneers, Inc. no later than 48-hours prior to the start of the auction. Perspective bidders must fill out & return the online bidder approval form (a copy of which will be emailed to you after registering_ and also post a deposit of approx. 25% of their planned spending budget or a minimum of 5,000.00 with Cincinnati Industrial Auctioneers in order to be approved See Below Section about Deposits). No Exceptions will be made to the above approval requirements, so please register & forward a deposit immediately.
DEPOSITS: All Online Registrants will be required to submit the requested Contact Information including Bank Information to be "Approved." NO EXCEPTIONS! INTERNATIONAL BUYERS must either wire transfer a fully refundable cash deposit in the amount of $5,000.00, or have arrangements made with our office to be "Approved" to bid.

TERMS OF SALE

NOTICE: All Bidders and other persons attending this sale 
(?Bidders?) agree that they have read and have full 
knowledge of these terms and agree to be bound hereby. The 
Bidder identified by the Auctioneer as the high bidder or 
successful bidder at auction (?successful Bidder?) shall 
have entered into a legally binding contract to purchase the 
item bid upon (?Lot?) at the price and subject to the 
terms and conditions set forth herein. All determinations, 
rulings, and adjustments made by the Auctioneer in good 
faith shall be final, binding, and conclusive upon all 
Bidders. The term ?Auctioneer? herein means Cincinnati 
Industrial Auctioneers, Inc.

1. IDENTIFICATION - All Bidders are required to give 
full name and addresses at time of registration.
2. DEPOSIT - Each successful Bidder will be required to 
make a deposit in cash or by bank cashier?s or certified 
check of 25 percent (25%) of the successful bid on each Lot 
at time of knockdown. In default of such deposit, the Lot 
may be put up again immediately and resold.
3. TIME OF PAYMENT ? Each successful Bidder shall 
receive an invoice during or at the conclusion of the 
auction. All invoices must be paid in full by the close of 
business on the last day of the auction sale and prior to 
removing any Lot. Any other arrangements must be made with 
auctioneer prior to bidding. In the absence of payment or 
agreement by the auctioneer, title to the Lot shall not 
transfer to the successful Bidder and such Bidder will lose 
any right, title or interest such Bidder may have acquired, 
and the deposit paid, if any, without further notice to 
such Bidder. The Bidder shall nonetheless remain liable for 
any damages caused by the Bidder?s failure to pay.
4. REMOVAL - All purchases must be removed not later 
than the date specified in the Auction Catalogue and/or 
announced at the sale. No Lot can, on any account, be 
removed during the sale. All goods are sold ?Where Is.? 
Removal shall be at the expense, risk, and liability of the 
successful Bidder. Purchases will be released only on 
presentation of paid invoice. Auctioneer shall not be 
responsible for Lots not removed within the time allowed, 
but Auctioneer shall have the option to remove and store at 
the expense and risk of the successful Bidder any article 
purchased, but not paid for and removed within the time 
required.
5. MANNER OF PAYMENT ? All payments must be made by 
cash, bank cashier?s check or company check with a bank 
letter of authorization guaranteeing funds to ?Cincinnati 
Industrial Auctioneers, Inc.? All checks for deposits and 
balances due shall be payable to the order of ?Cincinnati 
Industrial Auctioneers, Inc." All invoices must be paid to 
representatives of the Auctioneer at the auction site unless 
otherwise announced. The full purchase price on all Lots 
sold to the same successful Bidder must be paid within the 
time fixed and before removal of any Lot.
6. DISCALIMER OF ALL WARRANTIES INCLUDING IMPLIED 
WARRANTIES OF MERCHANTIBILITY AND FITNESS FOR PARTICULAR 
PURPOSE; CONDITION OF ARTICLES SOLD ? The Auctioneer and 
any owner, seller, or secured party make no warranties 
express or implied as to merchantability or fitness for 
purpose whatsoever. All such express or implied warranties 
are expressly excluded hereby. No oral statement or other 
writing by any person negates this exclusion. If you think 
you have received any assurance or warranty of any kind as 
to a Lot offered in this auction do not bid on such item 
unless the Auctioneer has signed a writing specifically 
directed to you and identifying the Lot and stating the 
modification of this exclusion The Auctioneer shall not be 
responsible for the correct description, genuineness, 
authenticity of, or defect in any Lot, and makes no warranty 
in connection therewith. No sale will be set aside nor 
allowance made on account of any incorrectness, error in 
commentary, cataloging, or any imperfection not noted. No 
deduction, credit or avoidance shall be allowed on damaged 
articles, all Lots being exposed for public exhibition are 
purchased and accepted by successful Bidder ?AS IS?, 
?WHERE IS? and ?WITH ALL FAULTS?. Auctioneer makes no 
warranties or guarantees whatsoever whether written, oral or 
implied as to quality, quantity, condition, usability, 
salability, weight, measurement, age, model, mechanical 
condition, performance or other specifications and all sales 
made are utterly without recourse.
7. CLAIMS ? No Claims will be allowed after removal of 
Lots from premises.
8. RESPONSIBILITY FOR NON-DELIVERY- Auctioneer, any 
owner, seller or secured party shall not, in any event, be 
liable to any Bidder for non-delivery of any Lot or for any 
other matter or thing, other than for the return to the 
successful Bidder of the deposit or sum paid on said Lot, 
should the successful Bidder be entitled thereto. This means 
that if are a successful Bidder and for any reason your Lot 
is not made available to you, you agree that the damages you 
may claim for such non-delivery are limited to the amounts 
you have paid and you waive any claim for damages for lost 
profits, opportunity, the value of the Lot in excess of the 
purchase price, your time, expenses, incidental and 
consequential damages, all of which are expressly waived. 
9. COMPLIANCE WITH TERMS OF SALE ? In default of 
payment of invoices in full within the time therein 
specified, the Auctioneer in addition to all other remedies 
allowed by law, may retain all monies received as deposit or 
otherwise, as liquidated damages. Lots not paid for and 
removed within the time allowed herein may be resold at 
public or private sale without further notice, and any 
deficiency, together with all expenses and charges of re-
sale, will be charged to the defaulting successful Bidder.
10. RISK TO PERSON AND PROPERTY ? Persons attending 
during exhibition, sale, or removal of Lots assume all risks 
of damage of or loss to person and property and specifically 
release the Auctioneer from liability therefore and agree to 
indemnify and hold the Auctioneer harmless from any loss, 
claim, liability, cost, or expense caused all or in part by 
such person(s). Neither the auctioneer nor his principal 
shall be liable by reason of any defect in or condition of 
the premises on which the exhibition, sale, or removal of 
Lots is held.

11. ADDITION TO OR WITHDRAWAL FROM SALE ? The 
Auctioneer reserves the right to alter the order of the 
sale, withdrawal from the sale any of the Lots or parts 
thereof or to sell at this sale Lots not listed, and also 
reserves the right to group one or more Lots into one or 
more selling Lots or to subdivide into two or more selling 
Lots, or make any combination thereof which Auctioneer in 
its sole discretion determines. Whenever the best interest 
of the Seller will be served, the Auctioneer reserves the 
right to sell Lots in bulk.
12. SALE BY ESTIMATED WEIGHT, COUNT OR MEASURE ? Where 
items are sold by estimated weight, count, or measure, the 
successful Bidder will be invoiced for and required to pay 
for the estimated weight, count, or measure. If upon 
delivery any shortage exists, the successful Bidder will 
receive a credit at the rate of the bid. If there be an 
excess, the successful Bidder will be required to take and 
pay for such excess, at the rate of the bid.
13. DISPUTE BETWEEN BIDDERS/BID INCREMENTS ? If any 
dispute arises between two or more Bidders, the Auctioneer 
may decide the same or put the Lot up for sale again at 
once, or resell to the highest Bidder. The Auctioneer may 
reject a nominal or fractional bid advance in the 
Auctioneer?s sole discretion
14. RESERVE ? The Auctioneer reserves the right to 
reject any and all bids. On Lots upon which there is a 
reserve, the Auctioneer shall have the right to bid on 
behalf of the seller, owner or secured party and shall have 
no obligation to denote or announce such reserve or bid. 
15. RECORDS ? The record of sale kept by the Auctioneer 
and bookkeeper will be taken as final in the event of any 
dispute.
16. AGENCY ? The Auctioneer is acting as agent only and 
is not responsible for the acts of its principals.
17. SALES TAX ? All sales are subject to state and 
local taxes, which will be collected from the successful 
Bidder unless a proper exemption certificate including tax-
exempt number is presented at the time of payment.
18. BUYER?S PREMIUM ? The Auctioneer in its sole 
discretion may impose a Buyer?s Premium on any Lots sold. 
The Buyer?s Premium is a percentage that is added to the 
final purchase price of any Lot.
19. SHIPPING ? All coolants, oil and fluids must be 
drained from all machinery and equipment prior to removal. 
All of the above must be shipped in compliance with state 
and federal regulations. Unless otherwise expressly provided 
in writing, preparation and shipment shall be at the sole 
responsibility and cost of the successful Bidder.
20. INSURANCE ? All successful Bidders, or the their 
riggers must provide the Auctioneer and the owner of the 
premises of the sale a certificate of insurance in amounts 
acceptable to the Auctioneer prior to removal of any Lot.
21. ADDITIONAL TERMS AND CONDITIONS ? Except as set 
forth in Section 6 above, the Auctioneer may modify or 
supplement these terms and conditions of sale by language in 
the catalog available at the sale site or by announcement at 
the start of the sale.