Lot

22

7-AC; 32" x 21" Bed; 4" Stroke; 2.75" Adj.; 11.5" Shut Height; With Flywheel and Air Clutch

In Bermo Inc.- Surplus To Ongoing Operations

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7-AC; 32" x 21" Bed; 4" Stroke; 2.75" Adj.; 11.5" Shut Height; With Flywheel and Air Clutch
Passed USD
Glencoe, Minnesota
0.00%
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7-AC; 32" x 21" Bed; 4" Stroke; 2.75" Adj.; 11.5" Shut Height; With Flywheel and Air Clutch
7-AC; 32" x 21" Bed; 4" Stroke; 2.75" Adj.; 11.5" Shut Height; With Flywheel and Air Clutch

Bermo Inc.- Surplus To Ongoing Operations

Ends from
Venue Address
1720 14th Street NE
Glencoe
Minnesota
United States

For Perfection Industrial Sales delivery information please telephone 866-311-2807.

Important Information

Assets are located in 3 Locations: 1)4501 Ball Rd NE, Circle Pines, MN 55014 2)1720 14th St East, Glencoe, MN 55336 3)6815 McKinley Street N. Ramsey, MN 55303 All assets are located at 1720 14 St. East, Glencoe, MN 55336 unless otherwise noted in the lot description. Inspection Inspection will be held on November 8th, from 9 am to 4 pm or by special appointment. To schedule an inspection time, please contact John Bopp at +1.708.606.3240 or via email at John@PerfectionIndustrial.com Rigging Please contact Cullinan Rigging & Erecting for all machinery removal. Phone: (763) 422-9141 | Fax: (763) 422-9231 | e-mail: sales@cullinanrigging.com

Terms and Conditions

TERMS OF SALE

Set forth below are the Terms and Conditions (the "Terms")
that shall apply to any purchase by any party (a "Buyer")
either directly from Perfection Industrial Sales (PIS) or in
a transaction (a "Transaction") in which PIS serves as
broker, agent, liquidator or auctioneer for any third party
owner. The Terms apply to all Transactions, including
without limitation, public auctions conducted by PIS and
direct purchases by Buyer of any item either before, after
or independent of any public auction. By using or accessing
any and all PIS services and or Websites you agree your have
read and understand the Terms stated herein and are bound to
these Terms. You may not use or access any and all PIS
services if you do not agree to the Terms stated herein

TERMS AND CONDITIONS
1. All machinery, equipment, merchandise and other items
(the "Goods") are sold on an "AS IS/WHERE IS" basis with no
warranties or representations whatsoever either expressed or
implied. Neither PIS nor the consignor makes any warranties
or representations of any kind or nature with respect to the
property or it's value, and in no event shall they be
responsible for correctness of description, genuineness,
attribution, provenance, authenticity, authorship,
completeness, condition of the property or estimate of it's
value. No statement (oral or written) in the catalog, at the
auction, or elsewhere shall be deemed such a warranty or
representation, or any assumption of responsibility.
Prospective bidders are urged to contact PIS directly for
detailed information regarding any lot. WITHOUT LIMITING THE
GENERALITY OF THE FOREGOING, THE WARRANTIES OF FITNESS FOR A
PARTICULAR PURPOSE AND MERCHANTABILITY are expressly
disclaimed.

2. Registration. Buyers must register prior to bidding at
any auction sale and must be of legal capacity to enter into
this agreement. All bidders must provide their name, company
(if applicable), mailing address and phone number prior to
the auction. By registering you represent and warrant any
and all Buyer Information is accurate and complete. It is
solely the Buyers responsibility to maintain current Buyer
Information for completeness and accuracy. PIS reserves the
right to deny and or terminate Registrations at any time at
its sole discretion without notification. PIS reserves the
right to deny usage and access of PIS Services and Websites
at any time without notice or liability to any persons or
third parties. When applicable, Electronic bidders are
required to provide a valid email address and Visa or
MasterCard number. At its discretion, PIS may charge a
registration fee for Electronic bidding. This fee will be
clearly displayed during the registration process. THE
BIDDER AUTHORIZES PIS TO CHARGE LIQUIDATED DAMAGES TO THE
CREDIT CARD LEFT ON FILE DURING THE REGISTRATION PROCESS.
(See section 9 "Default" below.)

3. Deposits. PIS requires a deposit of not less than twenty
five percent (25%) of the Buyer's TOTAL PURCHASE PRICE by
the end of sale day - with the balance due by the end of the
next business day. This can be in the form of cash, a
cashiers check, or business check with a bank letter of
guarantee for Onsite auctions. For Electronic bidders, at
its discretion, PIS may contact bidders via email or
telephone before or during the sale to provide a bank letter
of guarantee or wire transfer as a deposit. If PIS does not
receive a response from its attempts to contact Buyer or if
the Buyer does not provide a deposit, PIS reserves the right
to refuse or cancel Buyer's bids and re-sell Goods.

4. Invoices & Payment Instructions. For Onsite and Webcast
auctions, winning bidders can request a printed paper
invoice from the Accounting Manager at the sale location
during or after the sale. Electronic bidders will be sent an
electronic invoice to the email address provided during
registration. Invoices can be faxed upon request. Detailed
payment instructions for each sale are available in the
printed lot catalog at the sale location on the day of the
sale. Electronic bidders will be sent detailed payment
instructions via email along with their invoice.

5. Payments. PIS must receive the balance of the total
purchase price no later than the close of business on the
day following the auction (the "Final Payment Date"). All
payments must be by cashier's or certified check, federal
wire transfer of immediately available funds or a corporate
check accompanied with a bank letter of guarantee, and all
of the foregoing must be in form, scope and substance
acceptable to PIS. Credit cards are accepted for payment,
Electronic bidding registration and for Liquidated Damages
in the event of a default. If paying by credit card, the
exchange rate for sales conducted in foreign currencies will
be posted the day of the sale and will be based upon the
current currency conversion rates. Without limiting PIS
discretion, no corporate checks without a bank guarantee and
no personal checks will be accepted. No title shall pass to
Buyer until the total purchase price and all Taxes have been
paid to PIS in collected funds.

6. Taxes. Buyer must also pay to PIS on or before the Final
Payment Date, all sales, export, use and other taxes due to
any federal, state or local taxing authority (the "Taxes")
as a result of Buyer's purchase, including without
limitation, any taxes arising from any Buyer's Premium (as
defined below). To receive the benefit of any tax exemption,
Buyer must supply PIS with a sales tax exemption certificate
acceptable in form, scope and substance to PIS in PIS sole
discretion.

7. Buyer's Premium. PIS in its sole discretion will impose a
buyer's premium ("Buyer's Premium") on any Goods sold. The
Buyer's Premium is a percentage that is added to the final
purchase price of any item. For online auctions, PIS shall
charge and collect from each successful bidder a 18%
buyer�s premium if paying by credit card or 15% buyer's
premium if paying by cashier�s or certified check, federal
wire transfer or corporate check for each sale at the
auction, in addition to the purchase price as bid.

8. Removal. (1) Buyers or their Agents must remove all Goods
purchased before the final removal date and time announced
by PIS at the auction (the "Removal Date"). (2) No Goods
shall be removed until the full purchase price and all
applicable taxes thereon have been received by PIS in the
form required herein. Any Goods not removed on or before the
Removal Date shall be subject to storage charges that PIS
may in its discretion impose. ANY ITEMS NOT REMOVED ON OR
BEFORE THE REMOVAL DATE SHALL BE DEEMED ABANDONED AND PIS
SHALL HAVE NO FURTHER OBLIGATION TO BUYER WITH RESPECT TO
SUCH ITEMS. (See also #8C.)

8A. Buyer shall be responsible for the safe and proper
removal of any Goods purchased by Buyer. PIS does not pack,
ship, store, crate or rig items. Buyers may either pick up
Goods at the designated auction site personally or can
contract with a third party agent to manage the removal
process for them. Before Goods can be removed by an Agent,
Agent must provide PIS with (1) proof of payment in full
(Paid In Full Invoice) and (2) an "Agent Release
Authorization" form which allows PIS to release items to a
third party contractor for shipping, crating, rigging or
packing purposes.

8B. Goods weighing more than 100 pounds must be removed by a
qualified, insured rigger. Before any removal, Buyer must
provide PIS with a certificate of insurance from the rigger,
which certificate must be in form, scope and content
acceptable to PIS in PIS sole discretion. Without limiting
PIS discretion, such certificate must show that the rigger
carries comprehensive liability insurance written by an
insurance carrier of national standing and in an amount of
not less than two million dollars ($2,000,000.00). Without
limiting the generality of the foregoing, Buyer shall
restore and repair all real and personal property that is
altered or damaged as a result of Buyer's removal of the
Goods. PIS shall have no responsibility to disconnect
utilities to the sold asset, including electric, gas, waste
and water lines. Buyer is solely responsible to properly
remove and store in appropriate containers all fluids, oils,
hazardous chemicals, etc., from machinery purchased. Buyer
does hereby indemnify PIS, the owner of the Goods and the
owner of the premises in which the Goods are located, from
any and all claims, damages, and losses arising from Buyer's
actions or actions with respect to the Goods and Buyer's
presence on the premises in which the Goods are located,
including without limitation, injuries to persons or
property and environmental violations or contamination. Risk
of loss on any Goods shall pass to the Buyer upon payment in
full to PIS of all sums due from Buyer in respect to the
Goods.

8C. Small Lot Removal. PIS shall have no responsibility
whatsoever for any missing or lost items that can be removed
by hand if such items have not been removed within forty-
eight (48) hours of the conclusion of the sale. There will
be NO removal of any lots until the auction is complete.

9. Default. Bidders must bid only on those items they are
prepared to pay for and remove in accordance with the terms
and conditions of this sale. All items awarded to high
bidders are contractually theirs and must be paid for by the
Final Payment Date and removed by the Final Removal Date. IN
THE EVENT BUYER FAILS TO PERFORM CONTRACTUAL OBLIGATIONS
(PAYMENT AND REMOVAL) AS SPECIFIED IN THIS INVITATION TO
BID, THE FOLLOWING ACTION APPLIES: PURCHASER WILL
AUTOMATICALLY BE PLACED IN DEFAULT. THIS IS YOUR OFFICIAL
NOTICE OF DEFAULT. Upon default, the purchaser shall lose
all right, title, and interest which he/she might otherwise
have acquired in and to such property as to which default
has occurred. PIS will re-market and re-sell this property.

9A. Payment Default. Failure to pay invoices in full by the
Final Payment Date in accordance with payment terms will
subject Bidder to pay as Liquidated Damages a sum equal to
the lesser of (1) 20 percent of the invoice price of the
item(s) as to which the default has occurred, or (2) the
full amount of the difference between the original invoice
price and the re-sold price plus any expenses incurred to
re-market or re-sell these items. IF PIS HAS NOT RECEIVED
PAYMENT FOR WINNING BIDS WITHIN 24 HOURS OF THE FINAL
PAYMENT DATE, THE BIDDER AUTHORIZES PIS TO CHARGE LIQUIDATED
DAMAGES TO THE CREDIT CARD LEFT ON FILE DURING THE
REGISTRATION PROCESS.

9B. Removal Default. Failure to remove items by the Final
Removal Date in accordance with removal terms will subject
Bidder to pay as Liquidated Damages the full amount of the
expenses incurred to store or transport items until they are
re-sold. IF BUYER HAS NOT REMOVED ITEMS WITHIN 24 HOURS OF
THE FINAL REMOVAL DATE, THE BIDDER AUTHORIZES PIS TO CHARGE
LIQUIDATED DAMAGES TO THE CREDIT CARD LEFT ON FILE DURING
THE REGISTRATION PROCESS.

10. After Buyer has removed any item from PIS possession,
PIS shall have no obligation to make any adjustment or
accommodation to Buyer because of any mistake in quantity or
other defect or problem with respect to such item. Buyer
must make all requests for adjustments in writing to PIS
before any item is removed from the premises where the
auction is conducted.

11. PIS shall not be responsible for any damages, loss or
theft of Goods except in the case of PIS willful misconduct.
Without limiting the foregoing, PIS shall not be responsible
for damages or losses caused by strikes, civil disorders, or
acts of God.

12. If for any reason PIS is unable to deliver any Goods
purchased by Buyer, PIS sole liability shall be to return
all sums paid by Buyer to PIS in respect of such Goods.

13. Minimum or Reserve Prices. PIS, in its sole discretion,
reserves the right to establish a reserve or minimum price
on any Goods without having to announce, post or publish
notice to attendees and buyers at any auction. PIS reserves
the right to confirm or reject the final bid.

14. Absentee Bids. By completing an "Absentee (Proxy) Bidder
Form," Bidders may appoint PIS to be an agent and proxy for
the sole purpose of purchasing the items listed when the
Bidder CANNOT bid on the day of the sale. ALL BIDS ARE FINAL
AND BINDING and DO NOT include any applicable buyer's
premiums and sales taxes. PIS will bid up to the specified
maximum bid amount to win the item, using only the amount
needed to win the item. PIS has complete discretion whether
and when to accept Proxy bids. The auctioneer's
announcements at the time the lot is sold take precedence on
any and all published materials. Proxy bidders will be
notified only if they have been declared the high bid.
Notification will take place in the form of an electronic
invoice which will be sent to the email address provided
during registration.

15. PIS, in its sole discretion, reserves the right to
refuse the bid of any person without providing any notice or
reason therefore. PIS reserves the right to deny the usage
and access by any person or third party of any and all PIS
Services and Websites without notification.

16. PIS, in its sole discretion, shall control all bidding
increments and advances at any auction. PIS reserves the
right to reject any bid that is only a minimal increase over
the preceding bid, that is not commensurate with the value
of the item being offered or that PIS believes was made
illegally or in bad faith. In the event of a dispute among
bidders, PIS may, in its sole discretion, either accept what
it deems to be the final bid or solicit further bids on the
item in dispute. No returns or refunds will be permitted,
unless authorized by the seller in writing.

17. PIS reserves the right, in its sole discretion, to sell
items advertised as a public auction sale, on a piece by
piece basis or as a complete lot. Without limiting the
generality of the foregoing, PIS may accept a complete lot
bid and then conduct an item by item auction which auction
shall be effective only if the total proceeds there from
exceed the amount of the complete bid.

18. All information provided by PIS to Buyers, including
without limitation, any advertising, lot sales catalogs or
otherwise, is subject to deletions, errors, additions, and
changes without notice. Although information is gathered
from sources thought to be reliable, PIS shall have no
responsibility whatsoever for any information provided to
any attendee or buyers. All buyers shall rely solely on
their own investigation and inspection of any Goods.

19. PIS reserves the right to amend any and all of the Terms
and Agreements stated herein at any time without
notification at PIS sole discretion. It is the Buyers
responsibility to read and review the Terms and Conditions
for each sale. PIS provides the Terms and Conditions through
its Websites and in printed form at on-site auctions.

20. If PIS is selling or auctioning any Goods on behalf of a
third party owner, PIS shall act as an agent only and shall
have no liability whatsoever for the acts of any
owner/principal.

21. Buyers agree to comply will all US export control and
related laws, and acknowledge that PIS is not the exporter
of any purchased item. Certain items offered for sale at the
auction may constitute "Restricted Technology." Under
federal law, such items may not be shipped outside the
United States. PIS makes no representation or warranty
concerning, and has conducted no investigation to ascertain
which items, if any, constitute Restricted Technology.

22. Buyers acknowledge that an auction site is a potentially
dangerous place, Flammable, noxious, corrosive and
pressurized substances may be present. Heavy equipment may
be operated and electrical circuits may be live. Every
person enters the auction site at his or her own risk with
notice of the condition of the premises and the activities
that will be or have been conducted on the premises. No
person shall have any claim against PIS, the seller or their
respective agents for any injuries sustained or for damages
to or loss of property that may occur at the auction site.

23. If the Buyer fails to comply with any of the Terms, PIS
shall have all rights and remedies available to it at law
and in equity. Without limiting the generality of the
foregoing, PIS may retain all deposits and partial payments
received from Buyer and may resell any Goods that Buyer
fails to purchase. Buyer shall be responsible for all costs,
losses, and damages suffered by PIS (i) as a result of
Buyer's breach of any of the Terms, including without
limitation, lost profits and consequential damages, and (ii)
incurred in connection with the enforcement of PIS rights,
including, without limitation, legal fees and costs and
expenses related to the resale of Goods, including storage
and rigging fees.

24. The following is specific to the access and usage of PIS
Websites including and not limited to any and all features
and applications:
a. Each Registrant will specify a unique User Name and
Password and it is solely the responsibility of the
Registrant to maintain the confidentiality of this User Name
and Password.
b. Registrants are solely responsible for any and all
transactions or transmissions using their User Name and
Password
c. PIS is not responsible for any and all unauthorized or
compromised usage of the Registrant�s User Name and
Password. Registrants are responsible for contacting PIS in
writing for any and all unauthorized usage of their User
Name and Password.
d. Registrants agree they will not:
i. Disrupt, interfere or create outages to computer networks
that directly or indirectly affect PIS Websites.
ii. Falsely misrepresent or impersonate any other person or
entity. Registrants are forbidden from misrepresenting a
Registrant�s employment by or affiliation with any third
party.
iii. Registrants are forbidden from posting, uploading,
transmitting, publishing or distributing any and all
information that contains viruses, code, files or programs
with the malicious intent of affecting PIS Websites.
iv. Registrants agree they will not copy, modify, reproduce,
distribute or sell any information or material provided
through PIS Websites with the intent of commercially PIS
Services and Websites.
e. PIS is not responsible for any and all products, content,
information or material provided by links to or statements
regarding third party services. This includes but not
limited to riggers, shippers, partners and any third party
services listed.
f. Registrants agree PIS and its affiliates, including
partners, officers, directors, employees, agents,
shareholders or co-branders, are not responsible for any and
all damages, actual or alleged, resulting from the
downloading of any information or materials from PIS
Websites.

25. Buyers agree they will not participate in any bidding
practices with the intent of manipulating the bidding. Any
and all forms of collusion between Buyers are forbidden.
Buyers agree they will not place bids under false names or
Buyer Information.

26. PIS reserves the right to withdraw or sell any assets
contained in an auction prior to or proceeding the stated
auction period without notification. PIS reserves the right
to temporarily or permanently end an auction prior to or
during the stated auction period at is sole discretion
without notification. PIS, in its sole discretion, reserves
the right to extend the stated auction period without
notification.

27. Buyers agree they will defend, indemnify and hold
harmless PIS, including its affiliates, directors, officers,
employees, agents, shareholders, co-branders, or partners,
from and against any and all claim, loss, damage,
liabilities, judgments, fees and expenses incurred by PIS,
including its affiliates, directors, officers, employees,
agents, shareholders, co-branders, or partners, through the
use of PIS Services and Websites.



See Full Terms And Conditions