Lot of .2570 AirCraft Drill

TO BE APPROUVED TO OUR AUCTION WITH BIDSPOTTER PLEASE CONTACT US/POUR ÊTRE APPROUVÉ À NOTRE ENCAN AVEC BIDSPOTTER CONTACTEZ NOUS.

TERMS AND CONDITIONS OF SALE / TERMES ET CONDITIONS

Subject to amendments and modifications announced by the Auctioneer
at the time of the auction, any person participating in the auction shall be
bound by the following terms and conditions/Sujet à des changements le jour de l’encan, tous les participants doivent respecter les termes et conditions qui suivent:

1. The purchase price must be paid in full before or
   immediately after the conclusion of the auction or as agreed with the seller. All payments shall be by way of cash, credit card, cheque or letter of credit payable to STCG inc. Les achats doivent être payé avant ou tout de suite après l’encan ou selon l’entente avec l’encanteur. Les paiements se font en Argent comptant, cheque ou letter de credit payable à STCG inc.

2. Taxes arising on a sale, including applicable federal and provincial
sales taxes, shall be paid to the Auctioneer at the time of sale. Purchasers
claiming exemptions from taxes shall provide proof satisfactory to the Auctioneer
of their entitlement to claim such exemption. In the absence of proof
satisfactory to the Auctioneer taxes shall be paid by the purchaser.

3. All articles will be sold to the highest bidder conforming to the bid
process, provided that the Auctioneer reserves the right to sell articles
by individual or group lots and EN BLOC as he deems appropriate.
Auctioneer reserves the right to sell on behalf of third parties, its own
account or on the account of others. Should any dispute arise between two or
more bidders or as to any bid, the lot in question may, at the Auctioneer’s
discretion, be immediately put up again and resold. The Auctioneer
shall regulate all matters relating to the conduct of the auction and his
decision shall be final and binding on all bidders.

4. Auctioneer reserves the right to sell subject to reserve and to
purchase for its own account and or for the account of others, whether by verbal or
written proxy, all subject to prior sale.

5. All sales shall be concluded on the fall of the hammer or as
indicted by the Auctioneer and no purchaser may thereafter revoke his bid. Title to the
lots purchased shall not pass until payment in full of the purchase price is
received.
6. ALL SALES ARE FINAL, ON AN
?AS IS ? WHERE IS?, ?IN PLACE?, ?WITH ALL FAULTS? BASIS WITH
NO CONDITIONS OR WARRANTIES, WHETHER EXPRESSED, IMPLIED,
STATUTORY OR OTHERWISE INCLUDING WITHOUT LIMITATION, WARRANTIES OR CONDITIONS AS TO TITLE, DESCRIPTION, FITNESS FOR PURPOSE, QUANTITY, QUALITY, MERCHANTABILITY, STATE, CONDITION, LOCATION OR OTHERWISE.
NO SALE SHALL BE INVALIDATED BY REASON OF AND THE AUCTIONEER
SHALL HAVE NO LIABILITY FOR A MISDESCRIPTION OF ANY ARTICLE OR LOT WHETHER CONTAINED IN A CATALOGUE, ADVERTISEMENT OR OTHERWISE. DESCRIPTIONS HAVE BEEN PREPARED FOR GUIDE PURPOSES ONLY AND SHALL NOT BE RELIED UPON BY THE PURCHASER FOR ACCURACY AND COMPLETENESS. PLEASE INSPECT ALL ITEMS BEFORE BIDDING. PURCHASERS SHALL BE DEEMED TO HAVE RELIED ENTIRELY UPON THEIR OWN INSPECTIONS AND INVESTIGATIONS.

7. No article shall be removed unless paid for in full and all articles
purchased shall be removed within 3 days of the auction date or as agreed with the seller. The Purchaser shall be responsible for all costs of removal and shall be liable for any
damage, including without limitation, any environmental damage, caused during
or as a result of the removal. Purchasers shall comply with all environmental laws and
regulations and all requirements established by the Auctioneer for the removal
or articles, including requirements as to bonding of movers.

8. Where available documents of transfer, including motor vehicle
ownership documents, which are in the possession of the Auctioneer, will be provided to
the purchaser within seven days following the auction or as soon thereafter as such documents are available.

9. The Auctioneer reserves the right to refuse any applicant the
privilege of bidding or attending at the auction and may revoke such privilege at any time.

10. If the Auctioneer is unable to deliver an article sold to a purchaser
due to fire, theft or any other reason whatsoever, the Auctioneer shall
reimburse the purchaser for all monies paid to the Auctioneer in respect of the article
and the Auctioneer shall have no further liability to the purchaser arising from or
relating to such loss, including without limitation any damages for loss of profits.

11. Time shall be of the essence. If a purchaser fails to make payment or remove goods within the time periods hereinabove provided, the Auctioneer may resell the article purchased by auction, private contract or otherwise, as the Auctioneer in his discretion deems advisable, and the purchaser shall be liable for the shortfall and all costs and expenses, including but not limited to interest rates (a minimum of 1.5% per month or 10% per cent per annum), legal fees, moving and storage (a minimum rate of $2.00/sq. ft. per month) and commissions, incurred in such resale.

12. No purchaser may assign, transfer or dispose of his rights in any article
purchased before he has paid the purchase price in full.

13. As security for the performance of any and all obligations of the Purchaser
under this agreement, the Purchaser does hereby authorize the
Auctioneer to debit the credit card account described on tear off.

14. The terms and conditions together with any amendments or modifications
expressly made by the Auctioneer at the time of the auction constitute all the
terms and conditions with respect to the sale of articles at this auction.
There are no representations, warranties, terms, conditions, undertakings or
collateral agreements except as hereinabove provided.

A 10% BUYERS PREMIUM WILL APPLY ON ALL PURCHASES