Bidspotter.com-Live Internet Auction Broadcasting-Live Event Information-2010-07-31

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http://www.cjmasset.com/

Name

2000KVA CATERPILLAR DIESEL GENERATOR

Where

United Kingdom

When

Tuesday, June 30th, 2009
Scheduled start time: 6:00 AM US Central Time

Selling Currency & Internet Fee/Buyer Premium

Currency: GBP IF/BP:15.0%

Contact

Phone: +44 (0)1724 334411
Email: jo.coote@cjmasset.com

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1. These Special Conditions of sale should be read in conjunction with the General Conditions of Sale for Online Auctions posted at www.cjmasset.com and printed at the back of this catalogue.

2. VIEWING: The goods may be viewed at Clayhall Farm, Great Witchingham, Lenwade, Norfolk strictly by appointment only on Wednesday 8th July 2009. To make an appointment please contact the sales team on +44 (0)1724 334411 or email sales@cjmasset.com. NB The Clayhall Farm is located on the left hand side of the A1067 heading east towards Norwich approx half a mile before entering Lenwade. Viewers should look out for modern grey steel buildings set back from the road.

3. SALE CLOSES: Friday 10th July 2009 from 12 noon BST. Please note that in the event of a bid being received within 10 minutes of the scheduled closing time, the bidding period on that lot will automatically extend by a further 10 minutes. IMPORTANT: WHEN BIDDING DO NOT FORGET TO REGULARLY REFRESH YOUR SCREEN TO ENSURE YOU ARE AWARE OF ALL CURRENT BIDS.

4. REGISTRATION: To register for this sale visit www.cjmasset.com and click on the 'Bidspotter' link, or visit Bidspotter.com and click on the appropriate CJM sale. PLEASE NOTE THAT IF YOU ARE A POTENTIAL PURCHASER FROM OUTSIDE THE UK YOU WILL NEED TO PAY US A SECURITY DEPOSIT BY CREDIT CARD OF EITHER GBP 500, EURO 500 OR USD 700. IN THE EVENT THAT YOU ARE UNSUCCESSFUL IN THE AUCTION THE TRANSACTION WILL BE REFUNDED

5. BUYERS PREMIUM: The successful bidder will pay 15% Buyers Premium in addition to the Hammer Price.

6. VALUE ADDED TAX (VAT) will be charged at 15% on both the hammer price and the Buyers Premium. Purchasers from overseas should note that the VAT on the Buyers Premium is not recoverable.

7. VALUE ADDED TAX ON GOODS FOR EXPORT: Buyers from within the European Union: Buyers from within the European Union who produce full details of their trading name and address and VAT registration number at the time of registration will not pay VAT on the hammer price of the goods but will pay VAT on the buyers premium. Buyers from outside the European Union: Buyers from outside the European Union will pay VAT upon the hammer price and the buyers premium. If the purchaser subsequently produces documentary evidence of permanent export from the United Kingdom within 3 months from the date of sale, then the VAT on the hammer price only will be refunded. Satisfactory documentary evidence will include Certified Bill of Lading, Commercial Invoice and Packing List. A handling charge of 10% or £50 Sterling plus VAT (which ever is the higher) will be levied on all such refunds.

8. PAYMENT: Payment is required immediately upon receipt of invoice unless alternative arrangements have been made with the Auctioneers prior to the sale. Persons wishing to pay by cheque should instruct their bank to write, e-mail or fax the Auctioneers at Duchess House, Queensway Court, Scunthorpe, DN16 1AD (Fax: 01724 334422) confirming that cheques may be accepted up to a predetermined figure. Unless this procedure is followed goods may not be removed until the cheque has cleared. We also accept payments by Visa or Mastercard subject to a 3 per cent surcharge and payments by Switch and Delta subject to a 50 pence administration charge, If you wish to pay by Bank or Telegraphic Transfer our Clients Account details are as follows: - Account Name: Fyrebrand Ltd t/a CJM Asset Management Clients Account, Account No: 36292591, Sort Code: 544126, National Westminster Bank plc, 119 High Street, Scunthorpe, DN15 6LY, United Kingdom. IBAN No: GB81NWBK5441 2636 2925 91.
Important Notice - Money Laundering Regulations 2003 - Please note that in order to comply with the Money Laundering Regulations we are unable to accept cash payments in excess of £12,000 (€15,000).

We apologise for any inconvenience this may cause. Payments by means other than cash are unaffected.

9. TRANSFERS: CJM Asset Management will not recognise the sale of accounts (or parts of accounts) to third parties and we will only accept payment from and allow removal of items by the successful bidder themselves or their appointed agent.

10. PURCHASE OF GOODS THROUGH A FINANCE COMPANY: Please notify us well in advance of the sale if you are intending to purchase though a finance company. This is to ensure that the Finance Company is able to make payment in accordance with the General & Special Conditions of Sale.

11. REMOVAL OF LOTS: The goods are at the risk of the Buyer immediately upon receipt of invoice from the Auctioneers and should be removed as soon as possible for security reasons. Please note that a formal Risk Assessment and Method Statement will be required for approval before removal operations commence. All removals are to be completed STRICTLY by appointment only, and by Friday 31st July 2009 at the latest. To make an appointment for removals and for further information and advice call Edward Denniss, on +44 (0)7876 682341or email edward.denniss@cjmasset.com.

12. FURTHER INFORMATION: Contact the Auctioneers CJM Asset Management, Duchess House, Queensway Court, Scunthorpe, DN16 1AD, United Kingdom, Telephone +44 (0) 1724 334411, Fax. +44 (0) 1724 334422, e-mail sales@cjmasset.com.

If you agree to the terms and conditions above you may register for this event. Registering for this event means you agree to both the BidSpotter.com website terms and conditions and also CJM Asset Management terms and conditions for this auction.

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