Approximately 12-Yard Lugger Box

THIS IS AN ONLINE AUCTION OF ACE SCRAP METAL PROCESSORS, CLOSING ON TUESDAY, OCTOBER 18^TH, 2016 BEGINNING AT 10:00 A.M. (CST).  ALL ITEMS ARE BEING PRESENTED FOR SALE AS IS/WHERE IS, WITHOUT WARRANTY OF ANY KIND EXPRESSED OR IMPLIED.  AN 18% BUYERS PREMIUM WILL BE APPLIED TO ALL PURCHASES. CREDIT CARDS WILL BE ACCEPTED FOR PAYMENT OF PURCHASES LESS THAN $10,000.

1. REGISTRATION – All bidders must register for the sale providing name (& business if applicable), address, reliable contact phone number, email address, valid credit card number and bank information. Credit Card information is utilized to validate the registrant and will not be used as payment without express authorization from the buyer after the sale.  Complete registration information is vital to being quickly approved for the sale. Incomplete registrations may not be approved at the discretion of ATEC.  By registering, the bidder acknowledges that they have read, accept, and agree to abide by the terms set forth in this document.  It is the registrant’s responsibility to seek clarification of any terms and conditions not clearly understood or left undefined within this document. 

2. INSPECTION – Items can be inspected at ACE Scrap Metal Processors located at 5900 Manchester Avenue in St. Louis, Missouri 63110 on Monday, October 17^th, from 9:00 A.M. to 4:00 P.M. Central Time. This is an operating scrap yard, so all visitors to the property will be required to sign a liability waiver, which will be provided by ATEC at the gate.

3. BIDDING – All bidders must be registered to participate in this sale.  An 18% Buyer’s Premium will be added to the sale price of all online purchases. Placing a bid acknowledges that the bidder has read, accepted, and agrees to abide by the terms set forth in this document.  Placing a bid also signifies a contractual intent to purchase at the specified bid amount and cannot be rescinded.

4. PAYMENT –Invoices must be paid within 48 hours of the sale closing.  All successful online bidders will be notified by email immediately following the sale with an invoice to follow.  If you receive notification that you are the successful bidder, but do not receive an invoice by 2:00 P.M. Wednesday, October 19^th, it is YOUR RESPONSIBILITY to notify our office at (314) 447-3200 so that we may re-issue your invoice.  ATEC accepts Cash, Cashier’s Check, Credit Cards, and Wire Transfer as payment. 

Credit Cards are accepted for purchases totaling less than $10,000. If the purchase is greater than $10,000, ATEC will allow the buyer to place a 10% non-refundable deposit on the credit card, with the remainder payable within 48 hours. If paying with a credit card, the buyer waives their rights to file a credit card dispute, as all items are released to the buyer immediately following payment, and all items are sold “As Is/Where Is”.

Sales Tax of 7.113% will be added to all applicable sales. An 18% Buyer’s Premium will be added to the sale price of all purchases.  Any unpaid purchases will be re-sold at the auctioneer’s discretion. All bidders purchasing titled assets must provide detail for title work at check out. Titles will be mailed 7-10 business days following receipt of payment via Priority Mail. A signature confirmation will be required upon delivery.

5. REMOVAL – Removal is the sole responsibility of the buyer.  The auctioneer is not responsible for preparing items for shipping or removal.  No Items will be released until that item has been paid for in full and a copy of the paid invoice is presented to an ATEC representative.  If you employ someone to remove your purchases they must provide a copy of the paid invoice to our representatives on site.  All professional movers MUST provide proof of insurance to ATEC prior to moving any items.  NO ITEM WILL BE REMOVED WITHOUT PROOF OF PURCHASE AND PAYMENT – NO EXCEPTIONS! 

Removal of all items will take place Wednesday, October 19^th, through Friday, October 21^st, 2016, from 9:00 A.M. to 4:00 P.M. (Central Time). No weekend removal will be permitted. Removal will also be available from Monday, October 24^th through Friday, October 28^th, 2016 BY APPOINTMENT ONLY. Please contact ATEC at (314) 447-3200 to schedule an appointment. Any items not removed, or scheduled for removal by Friday, October 28^th, 2016 at 4:00 P.M. will be considered abandoned and resold. NO EXCEPTIONS!

ALL ITEMS REQUIRE RIGGED REMOVAL: ATEC will require the use of a dedicated rigger for all items requiring rigged removal. The dedicated rigger for this auction is Phase 4 Machinery. No other riggers will be permitted to remove items from the auction site. Rigging fees will be included with the description of each applicable item.

*** FOR ADDITIONAL RIGGING QUESTIONS PLEASE CONTACT PHASE 4 MACHINERY AT (636) 461-0212 ***

6.  MERCHANDISE – All items are being sold AS IS/WHERE IS without warranty or guarantee of any kind expressed or implied.  Neither the auctioneer nor the seller shall be responsible for discrepancy in description or nomenclature.  The auctioneer does not own any of the items in the sale and is working on behalf of the seller.  The auctioneer reserves the right to remove, on behalf of the seller, any items identified by the seller to have a clear defect or legal encumbrance not initially known and identified at the time of posting.  Neither the auctioneer nor the seller shall be held responsible for any issues related to the safe handling and transport of item(s) purchased, as removal is the responsibility of the buyer.

IT IS YOUR RESPONSIBILITY TO CLARIFY ANY OF THE TERMS OR CONDITIONS PRIOR TO BIDDING ON ANY ITEMS. 

ALL QUESTIONS NEED TO BE DIRECTED TO: ATEC (314) 447-3200