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100 CAD
Mississauga, Ontario
0.00%
0%
Short Lot of (4) assorted tool holders
Lot of (4) assorted tool holders

Surplus to the ongoing operations of a precision CNC machining facility

Ends from
Venue Address
Mississauga
Ontario
Canada

For Asset Services Inc. delivery information please telephone 416-444-6700.

Important Information

REMOVAL TERMS & CONDITIONS The following are Terms & Conditions for all buyers, their employees, riggers, contractors and agents; (who will be further referred to as ?Buyers/Movers/Riggers?), who participate in the disconnection and/or dismantling and/or removal of equipment. These Terms & Conditions must be adhered to. All invoice(s) must be paid in full and an Asset Services Inc. employee must initial your invoice before removal of any articles begins. 1. Buyers/Movers/Riggers are responsible to remove all articles purchased at the sale. 2. Buyers/Movers/Riggers shall be responsible for: (a) proper disconnection and termination of all electrical, gas, water, and/or air lines to machine as directed by site representative; (b) the shearing of anchor bolts flush with the floor; (c) the erecting of safety barriers as required where pits and/or holes have been created as a result of equipment removal; (d) repair any holes etc. to that of previous building standards made in external walls and or/roofs as a result of equipment removal; (e) the removal, off premises, of all hazardous water and/or oil contaminants contained therein of purchased articles, in conjunction with all environmental laws; (f) leaving your work area in a broom swept and workman like manner; (g) any specific terms or conditions indicated by the Auctioneer at the time of sale. 3. Buyers/Movers/Riggers must provide to Asset Services Inc. a certificate of insurance of not less than $3,000,000.00 evidencing statutory workers? compensation and employer?s liability insurance and automotive and comprehensive liability insurance coverage (bodily injury and property damage) per person and occurrence. Asset Services Inc. must be named as ?First Loss Payee? on the insurance certificate. 4. Where available, bridge cranes and/or hoists and/or forklift trucks may only be used by certified operators with insurance and only with the expressed written permission of the article?s owner and/or Asset Services Inc. 5. An Asset Services Inc. employee must examine all items being removed and check off accordingly on the Buyer?s Shipping Invoice. 6. Buyers/Movers/Riggers shall be held liable for all costs and damages or repairs to property as a result of their negligence. 7. No items may be removed until the completion of the auction. Page 2 of 2 PUBLIC AUCTION ? ONLINE BIDDING ONLY PRECISION CNC MACHINING FACILITY FRIDAY, APRIL 27 to WEDNESDAY, MAY 9, 2012 8. Buyers/Movers/Riggers agree to indemnify and save harmless both the Seller and Auctioneer against any damage caused by the act of the Buyers/Movers/Riggers and/or his agents in connection with the dismantling or removal of any lot. NO ARTICLE(S) SHALL LEAVE THE PREMISES UNTIL THE AFOREMENTIONED HAVE BEEN COMPLETED TO THE SATISFACTION OF AN ASSET SERVICES INC. EMPLOYEE/SITE REPRESENTATIVE.

Terms and Conditions

AUCTION TERMS & 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:
1. The purchase price must be paid in full within the time period herein provided in the
?Event Specific Terms & Conditions?. All payments shall be by way of cash, Interac,
Visa, Mastercard, certified cheque, bank draft, wire transfer, or company cheque with
a Bank Letter of Guarantee. Deposits on account of purchases may be made in
advance of the auction and the balance thereof will be refunded immediately after the
auction. Additional items have been added to the sale. The Auctioneer reserves the
right to put articles back up for auction if deposit is not received at or before time of
sale.
2. Sales taxes arising on a sale shall be paid to the Auctioneer at the time of sale.
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, group lots and "EN
BLOC" as he deems appropriate. Auctioneer reserves the right to sell on behalf of
third parties, it's 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 it's 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 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.
6. ALL SALES ARE FINAL, ON AN "AS IS - WHERE IS", "IN PLACE", "WITH ALL FAULTS"
BASIS WITH NO CONDITIONS OR WARRANTIES. WHETHER EXPRESS, 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 OR
COMPLETENESS. PLEASE INSPECT ALL ITEMS BEFORE BIDDING. PURCHASERS
SHALL BE DEEMED TO HAVE RELIED ENTIRELY UPON ITS OWN INSPECTION AND
INVESTIGATIONS.
Page 2 of 2
PUBLIC AUCTION ? ONLINE BIDDING ONLY
PRECISION CNC MACHINING FACILITY
FRIDAY, APRIL 27, 2012 to WEDNESDAY, MAY 9, 2012
7. No article shall be removed unless paid for in full and all articles purchased shall be
removed within the time period herein provided in the ?Event Specific Terms &
Conditions?. 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. Please refer to the ?Removal Terms & Conditions? herein provided.
8. Where available documents of transfer, including motor vehicle ownership
documents, which are in the possession of the Auctioneer, will provide to the
purchaser within seven days following the auction or as soon thereafter as such
documents are available.
9. 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 or loss profits.
10. 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.
11. Time shall be of the essence. If a purchaser fails to make payment or remove goods
within the time periods herein provided in the ?Event Specific Terms & Conditions?,
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 18% per cent per annum), legal fees,
removing 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.
These 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 the articles at this auction. There are no representations,
warranties, terms, conditions, undertakings, or collateral agreements except as
hereinabove provided.
See Full Terms And Conditions