Lot

3.2

C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table

In 50+ SUPER HIGH END CNC MACHINE TOOLS-- Consign...

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C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 1 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 2 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 3 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 4 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 5 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 6 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 7 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 8 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 9 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 10 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 11 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 12 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 13 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 1 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 2 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 3 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 4 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 5 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 6 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 7 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 8 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 9 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 10 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 11 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 12 of 13
C.R ONSRUD MODEL 122E24W6 "Extreme Series" CNC ROUTER, new 2023, 6 x 10 table - Image 13 of 13
Auctioneer has chosen not to publish the price of this lot
Arden, North Carolina
0.00%
18.00%

122 - 6x10 - Work Envelope
Aluminum Flat Table - Aluminum Base Tables - ground, cast, tool plate. Base tables can be customized with
a bolt pattern, matrix, T-slot, etc., and would require additional engineering. Custom tables are quoted per
project. (This option replaces standard Vacuum Table) STANDARD 1 INCLUDED
28-inches of Z stroke - Z-stroke of the ram is 28in. With standard 3-axis head, Clearance from spindle gauge
line to table is 31in. With standard 5-axis head height of 23in, Clearance from spindle gauge line to table is
28in. 
10x6 - Aluminum Base Table - (see description above) STANDARD 1 INCLUDED
Controller
FANUC 0i Machine Controller System with Panel-i HMI - Industrial CNC Machine Controller with Fanuc
Panel-i HMI w/High Res touch screen. Fanuc 0i is not a PC with a control card but is a dedicated Industrial
PLC designed to control CNC motion, for maximum reliability and performance. Includes: Network capability,
adds Large FANUC Digital Drives & Servos. Includes Full remote diagnostic troubleshooting capabilities. Adds
m-code controlled vacuum zones (if equipped with Pneumatic Vacuum Zone option). Provided with 4-port
network hub (requires 460V out isolation transformer). STANDARD 1 INCLUDED
Head Options
3 axis - 24HP Spindle Upgrade - 4-Pole, 18kW, 24HP – 24,000 RPM Long Nose Spindle w/ HSK-63F
Spindle Taper, fully programmable & reversible, variable speed, liquid cooled, quick-change spindle, capable
of routing & drilling, programmable feed rates w/override capability. 
Chiller fuid Cooled Spindle Option - Adds a liquid cooling system & chiller in place of the standard fan
& compressed air spindle cooling system. (Recommended when machining mostly non-ferrous metals or
when using 20HP spindles or larger) 
Aggregate Anti-Rotation Retention Ring - Attaches to spindle underside. Gives spindle the ability to pick up
aggregates from ATC. (Included In Automatic Aggregate Tool Changer &/or C-Axis Ability options) 
Programmable Air Blast - Blows air on tool tip to aid chip or dust evacuation. Can be controlled by M-Code. 
C-Axis Ability for Use With Aggregates - Adds a continuous rotation, rotational C-axis to Aggregate Tool
Changer & Capability. Price Includes Aggregate Anti-Rotation Spindle Adapter Ring Option. (Requires an
extra day of Training) $12,950.00 1 AVAILABLE
Isolation Transformer Options
Isolation Transformer - 6-tap, non-compensating transformer helps adjust your plant power to the exact
power needed by your CNC. Input voltage needs to be specified after order. Non-standard voltages may have
additional charges.
Machine Lubrication Systems Options
Automatic Grease Lubrication System - replaces machine’s standard centralized grease lubrication on
standard machines 
Electrical Cabinet Cooling Options
Air Conditioned Electronics Cabinets - Recommended for extreme environments & some non-temperature
controlled workplaces. Option replaces the standard heat exchanger system. STANDARD 
Tool Changer Options
12 Tool - Dynamic Automatic Rotary Tool Changer - Fully Servo controlled instead of Stepper controlled or
Rack-Style tool changers. Design eliminates misfires & quickly changes between 12 different tools – Able to
Store Aggregates. You may require C-Axis or separate Aggregate Tool Changer option to hold some larger or
non-standard aggregates. 
-3-
Single Position Aggregate Station Options
Automatic Aggregate Tool Changer - stand alone, single pocket, additional position tool changer to make
machine fully aggregate capable – (for use with or without C-axis Ability below) N/A on machines w/2-12 pos
ATC’s. This option will require the addition of either Aggregate Anti-Rotation Retention Ring or C-Axis Ability
to fully use aggregates. $4,330.00 1 AVAILABLE
Enhancements Options
RMI-Q RF Receiver - For the RF Receiver only portion of Renishaw Probe system. For use when Renishaw
Probe will be manually moved between systems and Probe is already purchased. Note a repairing process is
required each time the probe is moved. Macros and software for measurement are generally customer specific
and are not included. It is recommended to add additional training days for learning how to write probing
programs from variable input
Enhanced Machine Accuracy - For more demanding applications, the machine will have an additional
precision alignment by laser of the machine axes. This option is particularly recommended on multi-base
f
 
 
-4-
Auxiliary Options
3D CAD Model - for Simulation - A simplified simulator version of 3D CAD model o
 
Enclosure - Machine Enclosure with Steel Roof, to allow tables to exit the enclosure for manual or robotic
loading & unloading. (2) Entry doors with interlock to allow operator or maintenance to service the machine as
needed. INCLUDED 1 INCLUDED
Extended Frame - E Series - Extended frame to ensure the tables exit the enclosure and not obstruct the
loading/ unloading process. This extends the machine frame approximately 24" as reflected in the footprint
drawing. A 12' wide door is required to bring the machine into the Linamar facility. I 
Osync Machine Analytics - Osync machine monitoring is designed to provide deep insights into your
machining process. Osync starts with a real time machine information to let you know exactly what is going on
with each of your machines at any time. Osync can also show summary information about your productivity
with dashboards, reports, graphs, OEE comparisons, and more based on the program history. Along with
program information, Osync provides deeper insights into diagnostic information to get your machine back
running quickly. Text message or email alerts can also be setup for critical information. Additionally, Osync will
help you keep your machine running in top shape with preventative maintenance schedules. Osync is taking
maintenance to the next level by adding predictive maintenance alerts to it latest releases. Osync is in active
development and continues to push the Industry 4.0 limits with each release. Osync is licensed per machine.
The first year of releases are included with purchase. STANDARD 1 INCLUDED
Control Prep for Robot - This option enables the features on the Fanuc Control system that allows for
communication with a robot. Note: this does not include any time for programming the robot or advising on
control logic, that will all have to be quoted on a separate SoW. INCLUDED 1 INCLUDED
Hardware and Software Requirements - Coupler for PN to PN control connection - to be specified by
 
Robotic Integration and Automation Hardware - (1) Specifics with Linamar and CR Onsrud Controls Dept. -
 
Tooling Measurement System Options
NC-4 Auto Tool Length & Diameter Laser Tool Setter - Measures Tool Length & Diameter of tools via a
laser beam. Be aware of how custom, non-standard or some profiled tooling may break the beam based on
orientation. 
-5-
 
 
2-Year Warranty
2-Year Warranty - TWO (2) Year limited warranty on all parts & labor FOB the factory. In addition, all
applicable Original Equipment Manufacturer’s warranties apply. Each year is defined as 50 hours per week for
a period of up to 12 months. Wear items may be prorated after evaluation. STANDARD 1  

COMPLETE PACKAGE PROPOSED TOTAL - F.O.B. Arden, NC, Freight
Prepaid
$420,497.00

COMPLETE PACKAGE PROPOSED TOTAL - F.O.B. Troutman, NC $22,380.00

122 - 6x10 - Work Envelope
Aluminum Flat Table - Aluminum Base Tables - ground, cast, tool plate. Base tables can be customized with
a bolt pattern, matrix, T-slot, etc., and would require additional engineering. Custom tables are quoted per
project. (This option replaces standard Vacuum Table) STANDARD 1 INCLUDED
28-inches of Z stroke - Z-stroke of the ram is 28in. With standard 3-axis head, Clearance from spindle gauge
line to table is 31in. With standard 5-axis head height of 23in, Clearance from spindle gauge line to table is
28in. 
10x6 - Aluminum Base Table - (see description above) STANDARD 1 INCLUDED
Controller
FANUC 0i Machine Controller System with Panel-i HMI - Industrial CNC Machine Controller with Fanuc
Panel-i HMI w/High Res touch screen. Fanuc 0i is not a PC with a control card but is a dedicated Industrial
PLC designed to control CNC motion, for maximum reliability and performance. Includes: Network capability,
adds Large FANUC Digital Drives & Servos. Includes Full remote diagnostic troubleshooting capabilities. Adds
m-code controlled vacuum zones (if equipped with Pneumatic Vacuum Zone option). Provided with 4-port
network hub (requires 460V out isolation transformer). STANDARD 1 INCLUDED
Head Options
3 axis - 24HP Spindle Upgrade - 4-Pole, 18kW, 24HP – 24,000 RPM Long Nose Spindle w/ HSK-63F
Spindle Taper, fully programmable & reversible, variable speed, liquid cooled, quick-change spindle, capable
of routing & drilling, programmable feed rates w/override capability. 
Chiller fuid Cooled Spindle Option - Adds a liquid cooling system & chiller in place of the standard fan
& compressed air spindle cooling system. (Recommended when machining mostly non-ferrous metals or
when using 20HP spindles or larger) 
Aggregate Anti-Rotation Retention Ring - Attaches to spindle underside. Gives spindle the ability to pick up
aggregates from ATC. (Included In Automatic Aggregate Tool Changer &/or C-Axis Ability options) 
Programmable Air Blast - Blows air on tool tip to aid chip or dust evacuation. Can be controlled by M-Code. 
C-Axis Ability for Use With Aggregates - Adds a continuous rotation, rotational C-axis to Aggregate Tool
Changer & Capability. Price Includes Aggregate Anti-Rotation Spindle Adapter Ring Option. (Requires an
extra day of Training) $12,950.00 1 AVAILABLE
Isolation Transformer Options
Isolation Transformer - 6-tap, non-compensating transformer helps adjust your plant power to the exact
power needed by your CNC. Input voltage needs to be specified after order. Non-standard voltages may have
additional charges.
Machine Lubrication Systems Options
Automatic Grease Lubrication System - replaces machine’s standard centralized grease lubrication on
standard machines 
Electrical Cabinet Cooling Options
Air Conditioned Electronics Cabinets - Recommended for extreme environments & some non-temperature
controlled workplaces. Option replaces the standard heat exchanger system. STANDARD 
Tool Changer Options
12 Tool - Dynamic Automatic Rotary Tool Changer - Fully Servo controlled instead of Stepper controlled or
Rack-Style tool changers. Design eliminates misfires & quickly changes between 12 different tools – Able to
Store Aggregates. You may require C-Axis or separate Aggregate Tool Changer option to hold some larger or
non-standard aggregates. 
-3-
Single Position Aggregate Station Options
Automatic Aggregate Tool Changer - stand alone, single pocket, additional position tool changer to make
machine fully aggregate capable – (for use with or without C-axis Ability below) N/A on machines w/2-12 pos
ATC’s. This option will require the addition of either Aggregate Anti-Rotation Retention Ring or C-Axis Ability
to fully use aggregates. $4,330.00 1 AVAILABLE
Enhancements Options
RMI-Q RF Receiver - For the RF Receiver only portion of Renishaw Probe system. For use when Renishaw
Probe will be manually moved between systems and Probe is already purchased. Note a repairing process is
required each time the probe is moved. Macros and software for measurement are generally customer specific
and are not included. It is recommended to add additional training days for learning how to write probing
programs from variable input
Enhanced Machine Accuracy - For more demanding applications, the machine will have an additional
precision alignment by laser of the machine axes. This option is particularly recommended on multi-base
f
 
 
-4-
Auxiliary Options
3D CAD Model - for Simulation - A simplified simulator version of 3D CAD model o
 
Enclosure - Machine Enclosure with Steel Roof, to allow tables to exit the enclosure for manual or robotic
loading & unloading. (2) Entry doors with interlock to allow operator or maintenance to service the machine as
needed. INCLUDED 1 INCLUDED
Extended Frame - E Series - Extended frame to ensure the tables exit the enclosure and not obstruct the
loading/ unloading process. This extends the machine frame approximately 24" as reflected in the footprint
drawing. A 12' wide door is required to bring the machine into the Linamar facility. I 
Osync Machine Analytics - Osync machine monitoring is designed to provide deep insights into your
machining process. Osync starts with a real time machine information to let you know exactly what is going on
with each of your machines at any time. Osync can also show summary information about your productivity
with dashboards, reports, graphs, OEE comparisons, and more based on the program history. Along with
program information, Osync provides deeper insights into diagnostic information to get your machine back
running quickly. Text message or email alerts can also be setup for critical information. Additionally, Osync will
help you keep your machine running in top shape with preventative maintenance schedules. Osync is taking
maintenance to the next level by adding predictive maintenance alerts to it latest releases. Osync is in active
development and continues to push the Industry 4.0 limits with each release. Osync is licensed per machine.
The first year of releases are included with purchase. STANDARD 1 INCLUDED
Control Prep for Robot - This option enables the features on the Fanuc Control system that allows for
communication with a robot. Note: this does not include any time for programming the robot or advising on
control logic, that will all have to be quoted on a separate SoW. INCLUDED 1 INCLUDED
Hardware and Software Requirements - Coupler for PN to PN control connection - to be specified by
 
Robotic Integration and Automation Hardware - (1) Specifics with Linamar and CR Onsrud Controls Dept. -
 
Tooling Measurement System Options
NC-4 Auto Tool Length & Diameter Laser Tool Setter - Measures Tool Length & Diameter of tools via a
laser beam. Be aware of how custom, non-standard or some profiled tooling may break the beam based on
orientation. 
-5-
 
 
2-Year Warranty
2-Year Warranty - TWO (2) Year limited warranty on all parts & labor FOB the factory. In addition, all
applicable Original Equipment Manufacturer’s warranties apply. Each year is defined as 50 hours per week for
a period of up to 12 months. Wear items may be prorated after evaluation. STANDARD 1  

COMPLETE PACKAGE PROPOSED TOTAL - F.O.B. Arden, NC, Freight
Prepaid
$420,497.00

COMPLETE PACKAGE PROPOSED TOTAL - F.O.B. Troutman, NC $22,380.00

50+ SUPER HIGH END CNC MACHINE TOOLS-- Consignment Auction Sale (Multiple Locations) EUROTECH FANUC DOOSAN OKUMA, HWACHEON, TORNOS CHEVALIER

Ends from
Venue Address
Multiple Locations
75 E Palatine Rd
Prospect Heights
Illinois
60070
United States

New Machine installed and unused

Important Information

Multiple Location CNC Consginment Auction Sale

Inspection by appointment:  Jared@premierarg.com or 312-280-1234 ext 606

Bidding Opens: March 5, 2024 @ 10:00 AM

Bidding Closes: March 20, 2024 @ 10:00 AM 

 

 

 

 

=========================================

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Terms & Conditions

IDENTIFICATION: All Participants are required to register prior to becoming an Approved Bidder.  All Participants are required to give full name, permanent street address, phone numbers, email address, valid credit card and business name.   The following Terms and Conditions (the “Terms”).  Your agreement to these terms is an express condition of your participation in the Auction.  By signing up for the Auction, you acknowledge that you have read and understand these Terms, and you agree to be bound by them.  These Terms supplement the details and other information about the Auction posted to the Auction webpage(s) at Bidspotter.com.  Subsequent to registration on BidSpotter, approval to bid is at our discretion.

a. DEPOSITS: INTERNATIONAL BUYERS may be asked to submit a refundable deposit.

 2. PAYMENT: Invoices must be paid in full by Friday, March 22, 2024.   Payment may be made by wire transfer, company check with a bank letter of guarantee, certified funds, or cash. (No Credit Cards are accepted) A BUYERS FEE OF 18% WILL BE APPLIED TO INVOICE IN ADDITION TO THE SALES PRICE.    Where required by law, ANY APPLICABLE SALES TAX WILL BE APPLIED TO ALL SALES UNLESS BUYER HAS A PROPER EXEMTION.  NO MERCHANDISE WILL BE RELEASED UNITIL THE INVOICE IS PAID IN FULL.

3. Purchase of any lot is at the Purchaser's risk with the risk of loss immediately passing to Purchaser upon the auctioneer's call. Neither Premier Asset Recovery Group, LLC, nor its consignors, have any liability of any nature whatsoever to Purchaser if the lot is not delivered to Purchaser due to fire, theft, damage, or any other cause.

4. REMOVAL:  All purchases MUST be removed as listed herein. Small items (Tooling, Machine Parts & Accessories, etc.) are to be REMOVED WITHIN 2 DAYS OF THE AUCTION.  WE ASSUME NO RESPONSIBILITY FOR SMALL, CARRIABLE ITEMS LEFT ON PREMISES ONE DAY AFTER SALE.  All other Machinery & Equipment must be removed by Friday, April 5, 2024.

Note:  If a rigging fee is added, this will be only to load machine(s) onto your flatbed truck! Blocking, bracing, bracketing, and securing the machine for transport is the responsibility of the buyer. Premier Asset Recovery Group LLC assumes no responsibility for the proper preparation of machines for transportation.

 5.  Purchases may be removed only on presentation of paid bill.  Removal shall be at the expense, risk, and liability of the purchaser.  The auctioneer shall not be responsible for goods not removed within the time allowed.

6. CONDITION:   All Items are sold on “as is – where is”, “in place”, “with all faults” basis no conditions or warranties or representation, written or oral, is given with any lot.  Neither Premier Asset Recovery Group, LLC or Seller shall be liable or responsible for any advertising discrepancies or inaccuracies of any kind.  All assets are sold on an AS IS, WHERE IS AND WITH ALL FAULTS BASIS. NEITHER PREMIER NOR SELLER MAKE ANY REPRESENTATIONS, WARRANTIES, PROMISES, COVENANTS OR GUARANTEES OF ANY KIND, WHETHER EXPRESS OR IMPLIED BY LAW, COURSE OF DEALING, COURSE OF PERFORMANCE, USAGE OF TRADE OR OTHERWISE, INCLUDING ANY WARRANTIES AS TO THE NATURE, QUALITY, DURABILITY, CAPABILITY, FUNCTION, PERFORMANCE, VALUE OR CONDITION OF ANY ASSETS, OR THEIR SUITABILITY FOR ANY USE. PREMIER AND SELLER EXPRESSLY AND SPECIFICALLY DISCLAIM, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. 

All statements contained in Premier Asset Recovery, LLC catalog, website, and marketing material or by the auctioneers, or in any bill of sale, invoice or elsewhere as to description, size, quantity, quality, capacity, model, serial number, measurements, or condition, are approximated statements and shall not be deemed to be representations or warranties, oral or written, with respect to any lot. No sale is invalid or made void by reason of any flaw in a lot or by reason of a lot being incorrectly described.  Description and Photos are not guaranteed. 

It is the buyer’s responsibility to inspect before bidding.  Premier Asset Recovery Group assumes no liability for error or omissions associated with the auction sale.  The buyer does hereby assume and does agree to indemnify and hold the auctioneer and seller harmless from any future claim which shall pertain to the fitness or use of the assets being purchased.

7. CLAIMS: NO CLAIMS WILL BE ALLOWED AFTER REMOVAL OF GOODS FROM PREMISES OR LEFT ON PREMISES PAST ALLOWED TIME LIMIT.

8. RESPONSIBILITY FOR NON-DELIVERY: Neither the auctioneer nor the seller, in any event, shall be liable for non-delivery or 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 hereto.

9. 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 resale including legal fees, will be charged to the defaulting purchaser.

10. RISK TO PERSON AND PROPERTY: Persons attending exhibition, sale or removal of goods assume all risks of damage of or loss to person and property and specifically release the auctioneer and seller from liability, therefore. 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.

11. CONTRACT MOVERS: If purchaser wishes to hire or contract with a machinery mover, rigger or other type of outside contractor, PROPER INSURANCE protecting Premier Asset Recovery Group, LLC  and the people or company that the auctioneers are conducting the sale for against any or all claims arising from personal injury and/or property damage created by their actions. This requirement is for the auctioneer`s protection - NOT FOR THE PURCHASER`S therefore the auctioneer suggests that the purchaser review the insurance policies of the machinery mover regarding the coverage that they have protecting the purchaser and damage or loss of the equipment they may be moving for the purchaser.

12. ADDITION TO OR WITHDRAWAL FROM SALE: The auctioneer (Premier) reserves the right to withdraw from sale any of the property listed or to sell at this sale property not listed. Premier shall regulate all matters relating to the conduct of the Auction, and its decisions shall be final and binding on all participants in the Auction. Premier reserves the right to group, regroup, reduce, add to or delete lots: to accept or reject any or all bids; and to offer all items in bulk.  Premier is responsible for determining the bidding increments.  Premier owes no duty whatsoever to you or other Auction participants.  Premier is an agent for the owner/seller of the Assets (“Seller”), and Premiers sole responsibility is to maximize the Auction proceeds.  There may be more than one Seller and, in some cases, Premier and/or its affiliates may be the seller of some or all Assets.  Premier reserves the right to bid on any items included in the Auction.  Some items may be auctioned with reserve and/or subject to Seller’s (or its creditors’) right of confirmation, regardless of whether this information is posted.  You will be deemed the “Purchaser” of a particular lot (and all items included within such lot) (all assets for which you are the Purchaser shall be referred to herein as “purchased Assets”) Upon knockdown and Premiers declaration THAT YOU ARE THE PURCHASER, AT WHICH POINT ALL RISK OF LOSS AND LIABILITY WITH RESPECT TO YOUR Purchased Assets shall transfer to you.  As a result, you should prearrange insurance coverage for any Assets you may bid on.  Title to each Purchased Asset passes only upon Revelation’s receipt of payment in full for all purchased Assets.  ALL SALES ARE FINAL.  NO REFUNDS, RETURNS, CREDIT OR EXCHANGES.

13. Cancellation/Non-Delivery.  You have no right to cancel or rescind any purchases you make at the Auction.  Premier reserves the right, at any time prior to the removal of a purchased asset, to cancel your purchase (including, for example, if a creditor refuses to release a lien, or if a third party removes a Purchased Asset or makes a claim against the Purchased Asset), in which case Premier sole responsibility shall be to refund any payment you have made on your Purchased Assets, Except for the return of any payment you have made for Purchased Assets that have not been delivered.


14.  It is the Purchaser’s sole responsibility to meet all governmental safety and environmental standards in removing, shipping, and using purchased items.  Certain items for sale may contain “hazardous substances”, as that term is defined under federal, state, or local environmental laws and regulations.  Premier has no duty to remove any hazardous substances that are contained in or are a part of any items.  Purchasers agree to defend (by counsel satisfactory to Premier) and indemnify Premier and hold Premier harmless from any against any claim.  Demand, cause of action, liability, or expense (including attorney’s fees and costs) asserted against or incurred by Premier in connection with the sale, removal, shipment, or use of any purchased items.

Export:  Buyer is responsible to obtain proper licenses, where required for the export of any items that are considered controlled commodities and which are restricted from export outside of the United States without proper export licenses.  Buyer further agrees to fully comply with all applicable export control laws, regulations, rules, and orders of the United States and all other applicable authorities, and will not export, re-export, release, or transfer (collectively "export").  directly or indirectly, any Equipment, or enter into any transactions, for any proscribed end-use, or to or with any proscribed end-use, or to or with any proscribed country, entity, or person (wherever located), including but not limited to those entities and persons listed on the U.S. Government's Denied Persons List, Unverified List, Entity List, Debarred Parties List or Specially Designated National List, without first obtaining at its own expense written authorization for the U.S. Government.  Agent will have the right to cancel any sale at any time in the event it determines, in its sole discretion, that the sale does or may violate applicable U.S. Export Control or similar laws. 

 15. DISPUTE BETWEEN BIDDERS: The auctioneer`s decision will be final and absolute.

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

17. INDEPENDENT CONTRACTOR: The auctioneer is acting as an independent contractor only and is not responsible for the acts of its principals or sellers. 

18. 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.

19. RESERVE: The auctioneer reserves the right to reject any and all bids. Lots may be auctioned with a reserve and/or subject to the seller’s right of confirmation regardless of whether this information is posted on the auction. On lots upon which there is a reserve, the auctioneer, or his assigned agents, shall have the right to bid on behalf of the seller. This Auction Company has requested and been granted access to see all bids placed including any maximum pre-bids. This auction is permitted to engage in this activity by providing this clear disclosure to you, the bidder.

20.  These terms and conditions, and all questions with respect to the interpretation of these Terms and Conditions, shall be governed by and construed in accordance with the internal law of the State of Illinois, without regard to conflict of law’s provisions.  All bidders expressly consent to personal and exclusive authority in the courts of the State of Illinois located in Cook County.

See Full Terms And Conditions

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