List of Riggers and Trucking Companys

A&A Machinery Moving Inc. (Albert Lykon) 800.626.6330

Greatwide Truckload Mgmt. (Jim Bone) 973.997.9207 
(transportation only)

Nassau Machinery Movers (Mickey Signorelli) 631.842.5553x211

OZ Trucking & Rigging (Paul Ousey) 631.779.2543

Metz Machinery Movers 631. 226.5286

Pedowitz Machinery Movers (Brian Beck) 718.923.1862

S&J Mignona (Scott Mignona) 215.834.9686

T E R M S O F S A L E

Note: All Purchasers Are Required For Removal Of Lots Purchased. Koster Industries Inc. Does Not Load or Rig Equipment.

ALL LOTS MUST BE REMOVED NO LATER THAN DATE POSTED- ANY ADDITIONAL TIME WILL RESULT IN A $350 A DAY STORAGE CHARGE

NOTICE: All Bidders and other persons attending this sale
agree that they have read and have full knowledge of these
terms and agree to be bound thereby.

1. IDENTIFICATION: All purchasers are required to give
full name and address.

2. DEPOSIT: Each purchaser will be required to make a
deposit in cash or by certified check of 25 percent of the
bid on each lot purchased. In default of such deposit, the
lot may be put up again immediately and resold.

3. TIME OF PAYMENT: All bills must be paid in full on
Friday, May 16, 2014.

4. REMOVAL: All purchases must be removed not later
than Wednesday, May 21, 2014. No lot can, on any account,
be removed during the sale. Removal shall be at the
expense, risk and liability of the purchaser. Purchases
will be delivered only on presentation of paid bill. The
Auctioneer shall not be responsible for goods not removed
within the time allowed, but shall have the option to remove
and store at the expense and risk of the purchaser any
article purchased, but not paid for and removal of any of
the goods.

5. MANNER OF PAYMENT: All checks for deposits and balances
due shall be payable to the order of KOSTER INDUSTRIES INC.
All bills must be paid to representatives of the auctioneer
at the plant unless otherwise announced. The full purchase
price on all lots to the same buyer must be paid within the
time fixed and before removal of any of the goods.

6. CONDITIONS OF ARTICLES SOLD: 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 shall be set aside nor
allowance made on account of any incorrectness, error in
cataloging, or any imperfection not noted. NO DEDUCTION
ALLOWED ON DAMAGED ARTICLES, ALL ARTICLES BEING EXPOSED FOR
PUBLIC EXHIBITION, AND SOLD “AS IS” AND WITHOUT RECOURSE.
ARTICLES ARE NOT WARRANTED AS MERCHANTABLE OR FIT FOR ANY
PARTICULAR PURPOSE, AND NO CLAIM MAY BE MADE BY PURCHASER
RELATING TO THE CONDITION OR USE OF ARTICLES PURCHASED, OR
FOR PROXIMATE OR CONSEQUENTIAL DAMAGES ARISING THEREFROM.

7. SAFETY DEVICES: Articles purchased may not incorporate
approved activating
mechanisms, operating safety devices or safety guards,
as required by OSHA or otherwise. It is purchaser’s
responsibility that articles purchased be so equipped and
safeguarded to meet OSHA and any other requirements before
placing such articles into operation.

8. INDEMNIFICATION: Purchaser agrees to indemnify and hold
the Auctioneer harmless from and against all claims and
liabilities relating to the condition or use of the articles
purchased or failure of user to follow instructions,
warnings or recommendations of the manufacturer, or to
comply with federal, state and local laws applicable to such
articles, including OSHA requirements, or for proximate or
consequential damages, costs or legal expenses arising
therefrom.

9. CLAIMS: No claims will be allowed after removal of
goods from premises.

10. RESPONSIBILITY FOR NON-DELIVERY: The Auctioneer shall
not, in any event, be liable for non-delivery of for any
other matter or thing, to any purchaser of any lot, other
than for the return to the purchaser of the deposit or sum
paid on said lot, should the purchaser be entitled thereto.

11. COMPLIANCE WITH TERMS OF SALE: In default of payment of
bills 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 purchaser.

12. RISK TO PERSON AND PROPERTY: Persons attending during
exhibition, sale or removal of goods assume all risks of
damage of or loss to person and property and specifically
release the auctioneer from liability herefore. Neither the
Auctioneer nor his principal shall be liable by reason of
any defect in or condition of the premises on which the sale
is held.

13. ADDITION TO OR WITHDRAWAL FROM SALE: The auctioneer
reserves the right to withdraw from sale any of the property
listed or to sell at this sale property 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. Whenever the best interest of the seller will be
served, the auctioneer reserves the right to sell all the
property listed, in bulk.

14. SALE BY ESTIMATED WEIGHT, COUNT OR MEASURE: Where items
are sold by estimated weight, count or measure, the
purchaser will be billed for and required to pay for the
estimated weight, count or measure. If, upon delivery, any
shortage exists, the purchaser will receive a refund at the
rate of purchase. If there be an excess, the purchaser will
be required to take and pay for such excess, at the rate of
purchase.

15. DISPUTE BETWEEN BIDDERS: 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, and resell to the
highest bidder. The auctioneer’s decision shall be final
and absolute.

16. 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.

17. RECORDS: The record of sale kept by the auctioneer and
bookkeeper will be taken as final in the event of any
dispute.

18. AGENCY: The auctioneer is acting as agent only and is
not responsible for the acts of its principals.

19. SALES TAX: Purchaser shall also pay all applicable
sales or use taxes imposed by all taxing authorities on such
transaction unless purchaser shall present a resale
certificate, certificate of exemption or the like, exempting
the purchaser and auctioneer from the payment of any such
sales and use taxes.

20. BANKRUPTCY: If at any time prior to payment in full,
purchaser files a petition in bankruptcy or for other
similar protection from creditors, or an involuntary
petition in bankruptcy or other similar proceeding is filed
against purchaser, then, at the option of the auctioneer,
the sale may be voided.

21. ADDITIONAL TERMS AND CONDITIONS: The auctioneer may add
other terms and conditions of sale, such additional terms
and conditions to be announced prior to the auction.

15% Buyers Premium Onsite / 18% Buyers Premium Online Will
Apply with an Additional 3% When Paying By Credit Card.