TERMS AND CONDITIONS OF AUCTION SALE
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. 
All announcements made on the auction day shall take 
precedence over previously distributed information. 
Anyone outside of the continental United States will be 
required to wire transfer a minimum deposit of $5000 to be 
approved for all non-onsite bidding. All deposits must be 
received 24 hours before the sale.
All bids constitute a legally binding contract and bidders 
will be legally obligated to make payment and remove items 
in accordance with the terms and conditions of the sale.
All payments shall be by way of cash, certified check, wire 
transfer and/or a company check accompanied by a bank letter 
of guarantee payable to Asset Sales, Inc. Your bank letter 
should be similar to the following: “Mr. (Customer Name) is 
a customer of this bank. This bank will guarantee 
unqualified payment to Asset Sales, Inc. on the account 
listed herein up to the amount of $_______. This letter is 
valid until (date).” All bidding and invoicing will be in 
US Dollars ($), we will accept all currency according to the 
terms. The purchase price must be paid in full before or 
immediately after the conclusion of the auction. The 
auctioneer reserves the right to put articles back up for 
auction if payment is not received at or before the 
conclusion of the sale. All invoices must be checked on the 
day of the sale as no adjustments will be made thereafter. 
Purchases that are not removed within the designed time will 
be considered abandoned. 
Taxes arising on a sale, 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. 
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 group lots and "En 
Bloc" as he deems appropriate. The 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. The auctioneer 
shall at all times be entitled to make changes in (the 
composition of) the lots or to withdraw them, up until the 
last moment before the sale, refuse bids without having to 
state the reasons, in which case the previous bidders shall 
be bound to their bids and to correct himself. 
The 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. 
Asset Sales, Inc. reserves the right to correct any mistakes 
or typographical errors made by it or its behalf in any of 
its announcements or documents, without the ability of 
deriving right from the corrected announcements. 
All sales shall be concluded on the fall of the hammer or as 
indicated 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. 
Rigging/Removal of sold equipment is the sole responsibility 
of the buyer and must be completed by the posted date. 
Rigging/Removal may not begin until payment has been made in 
full and the auction sale is complete. All heavy rigging 
requiring the use of forklifts, cranes, etc whether 
performed by the customer or a rigging company, must present 
a certificate of insurance for $1,000,000.00 naming Asset 
Sales, Inc. as the insured.
Recommendation or approval of Riggers by Asset Sales, Inc. 
by any employee or agent of Asset Sales, Inc. or by any 
affiliated entity of Asset Sales, Inc., shall be done only 
as an accommodation to the Buyer. Such recommendation or 
approval shall not cause Asset Sales, Inc. to be liable in 
any way for any act or omission of any such Rigger. 
Selection of a Rigger is solely within the discretion of the 
buyer, and Buyer acknowledges and agrees that it shall have 
no rights or remedies against Asset Sales, Inc., any 
employee or agent of Asset Sales, Inc. or any affiliate of 
Asset Sales, Inc. based upon any act or omission by a 
Rigger.
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 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 OR 
COMPLETENESS. BY SUBMITTING A BID, THE BUYER/BIDDER AFFIRMS 
IT HAS INSPECTED ALL ITEMS BEFORE BIDDING. PURCHASERS SHALL 
BE DEEMED TO HAVE RELIED ENTIRELY UPON THEIR OWN INSPECTIONS 
AND INVESTIGATIONS. 
No article shall be removed unless paid in full and all 
articles purchased shall be removed in the time allocated by 
the auctioneer or as stated on the invoice. No item, no 
matter how small or how far the purchaser has to travel, may 
be removed until the close of the auction sale. 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 of articles, 
including requirements as to bonding of movers. 
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 7 
days following the auction or as soon thereafter as such 
documents are available. 
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 to 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. 
The auctioneer reserves the right to refuse any applicant 
the privilege of bidding or attending the auction and may 
revoke such privilege at any time. 
Time will be of the essence. If a purchaser fails to make 
payment or remove goods within the time periods announced by 
the auctioneer at the beginning of the auction, the 
auctioneer may resell the article purchased by auction, a 
private contract or otherwise, as the auctioneer at 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 18% per annum), legal fees, moving and 
storage (a minimum rate of $2.00/sq ft per month) and 
commissions, incurred in such resale. 
No purchaser may assign, transfer or dispose of his rights 
in any article purchased before he has paid the purchase 
price in full. No reselling will be allowed from the 
premises. 
Asset Sales, Inc. shall have the right to make image and 
audio video recordings of the auction, to use said 
recordings and if deemed appropriate, to make this public. 
Participants give their permission by participating in the 
auction.
All risk of loss shall pass to the purchaser at the time of 
payment excepting; the auctioneer shall reimburse the 
purchaser for all monies paid to the auctioneer in respect 
to any article that the auctioneer cannot deliver due to 
thief or disappearance. 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. 
The buyer hereby assumes and does agree to indemnify and 
hold the auctioneer and seller harmless from any current or 
future claim which shall pertain to the fitness, use, 
damage, safety, injuries to persons or property that may 
have been caused by or during removal or use of item(s) 
purchased, or any other claim regarding the use of that 
asset as purchased. All buyers acknowledge and accept with 
their signature, the terms of the sale printed on these 
registration cards/bidder paddles. 
I acknowledge that by filling out this form, I give my 
written consent to Asset Sales, Inc. to communicate to me 
via e-mail to the address(es) listed herein. I confirm that 
I have authorization to provide consent for e-mail to the e-
mail address(es) that I provide below, and further agree to 
indemnify and hold harmless Asset Sales, Inc. for any action 
or loss arising from any incorrect or false e-mail 
address(es) provided herein. I acknowledge that, should I 
desire to revoke this written authorization, I will inform 
Asset Sales, Inc. of such revocation. 
This sales transaction shall be governed by and construed in 
accordance with the local laws of the state of North 
Carolina, USA. The venue for trial or resolution of any 
dispute arising out of or related to this transaction shall 
be the North Carolina State Courts sitting in Mecklenburg 
County, North Carolina, USA. If any provision of these terms 
and conditions shall be held invalid, illegal, unenforceable 
or inoperative, the balance of the terms & conditions shall 
remain in full force and effect as if such provisions had 
not been included. 
The auctioneer is acting as agent only and is not 
responsible for the acts of its principles. 
These terms and conditions 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 13% Buyer`s Premium will apply to all onsite purchases. 
16% Buyers Premium for online purchases.
REGISTRATION & BIDDING ONLINE:
If you plan to bid with Bidspotter.com, you must be pre-
approved by Asset Sales, Inc. The pre-approval process is 
easy but necessary. Asset Sales, Inc. will verify telephone 
number and confirm agreement to the Terms & Conditions.