Sale Terms and Important Information

Terms and Conditions
ALL BIDS ARE MADE AND RECEIVED UNDER THE TERMS HEREINAFTER SET
FORTH TO WHICH TERMS BIDDERS AGREE BY MAKING THEIR BID AT THE SALE.
THESE TERMS CANNOT BE ALTERED EXCEPT BY THE AUCTIONEER. NO
EMPLOYEE HAS AUTHORITY TO MODIFY SAME. THE OWNER AND/OR
AUCTIONEER RESERVE THE RIGHT TO ADD TO OR MODIFY THE TERMS OF THE
SALES.
An 18% Buyer’s Premium will apply.
This auction may require a credit or debit card 100% refundable deposit. If required your
credit/debit card added through the Bidspotter.com fully secure and PCI compliant registration
process will be assessed a 100% refundable $3000 (US Bidder) or a $10,000 (Foreign Bidder)
deposit in order to be approved to bid online within this auction. If you are unsuccessful in the
auction, your card will be refunded of your deposit within 24 hours post auction.
Arrow Industrial Inc does accept credit cards for auction invoice payments through Paypal (no
Paypal Account is required to pay by credit card) or over the phone (additional 1% charge for
payments by phone) only, no credit cards will be accepted at the auction location, please request
a Paypal invoice if that is your payment method of preference. Other accepted payment methods
are Paypal, Cashier’s Check, ACH, or Wire Transfer or Company Check with Bank Letter of
Guarantee to Arrow Industrial Inc. Here is an example of what your letter should be: [Mr.
“Customer Name” representing “Company Name” is a customer of this bank. This bank
will guarantee unqualified payment to Arrow Industrial Inc. on the account listed herein
up to the amount of $_______ . This letter is good until (insert expiration date 30 days from
sale date).]
By registering, the Bidder hereby expressly authorizes Auctioneer to charge the Credit Card if
the Bidder fails to pay any invoice within forty eight (48) hours after each invoice is issued to
Bidder.
All bidders are required to give full name, company name, address, phone, fax, email address,
and bank information when registering. All bidders must register before bidding.
All bids must be paid in full within two business days after the bids have closed. The Auctioneer
shall determine the bidding increments. Some items may be auctioned with reserve.
All purchases must be removed within two weeks after the bids have closed or within the
timeframe posted on the sale web page. No lot can, on any account, be removed prior to
Auctioneer having been paid in full. Removal shall be at the expense, risk and liability of the
Purchaser unless otherwise specified. Purchases will be delivered only on presentation of paid
bill. Auctioneer shall not be responsible for goods not removed within the aforesaid time.

Riggers, movers, electricians or buyer performing work at the Auction Sites must provide
Auctioneer with evidence of insurance. The insurance coverage must be at a level acceptable to
Auctioneer and to the Seller.
All checks for deposits and balances due shall be payable to the order of Arrow Industrial Inc.
unless instructed otherwise. All bills must be paid per the instructions provided for this on-line
auction. The full purchase price on all lots sold to the same buyer must be paid within the time
fixed and before removal of any of the goods.
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.
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.
Purchaser agrees to indemnify and hold 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.
No claims will be allowed after removal of goods from premises.
Auctioneer shall not, in any event, be liable for non-delivery or 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.
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.
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 all liability therefore.

Neither the Auctioneer nor its principal(s) shall be liable by reason of defect in or condition of
the premises on which the sale is held.
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 a
Seller will be served, the Auctioneer reserves the right to sell all the property listed, in bulk.
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 pay for such excess, at the rate of purchase.
The Auctioneer reserves the right to reject any and all bids, alter the order of sale, and accept
bids made on behalf of the Seller.
The record of sale kept by the Auctioneer will be taken as final in the event of any dispute.
The Auctioneer is acting as agent only and is not responsible for the acts of its principal(s).
Purchaser or its representative will independently inspect the goods bid upon by the Purchaser,
and acknowledges to the Seller that Purchaser is acquiring all goods “AS IS, WITH ALL
FAULTS” and “WITH REMOVAL AT PURCHASERS’ RISK AND EXPENSE” and agrees to
protect, indemnify and hold harmless the Seller from any and all claims, demands, causes of
actions, liabilities and judgments relating to the conditions or use of the goods.
Seller, if not the same as the Auctioneer, shall have the rights, protections and benefits afforded
to the Auctioneer as set forth herein.
Although all information has been obtained from sources deemed reliable, the auctioneer and
seller make no warranty or guarantee, expressed or implied, as to the accuracy of the information
herein contained, or contained in our catalog. It is for this reason that buyers should avail
themselves of the opportunity to make inspection prior to the auction. Although it is not likely,
auction sales are subject to cancellation or postponement. Kindly contact auctioneer prior to
attendance.
ANY ADDITIONAL PROVISIONS OR AMENDMENTS TO THE ABOVE LISTED TERMS
WILL BE POSTED TO THE ON-LINE SALE WEB PAGE BY THE AUCTIONEER PRIOR
TO THE START OF BIDDING