LOT - PARTITIONS

WEBSIMULCAST AUCTION TERMS & CONDITIONS

Sells Tuesday, September 29, 2015 @ 11:00 am

-NEUTRACEUTICAL MANUFACTURING FACILITY-

55-A Kennedy Drive, Hauppauge, New York 11788

1. Thank you for participating in this Websimulcast Auction.

2. In order to participate in the the auction, all bidders must register @ www.bidspotter.com and obtain a Paddle #. 

3. All items are offered as-is-where-is with all faults. The auction company makes no guarantee or warranty express or implied as to the quality, condition, performance, description, hours or nomenclature of any item being sold, so buyer beware. All sales are final-there is no recourse through the auction company subsequent to sale. It is for these reasons all bidders are encouraged to take the opportunity for inspection prior to bidding.

4. At the knockdown of the bid, all on-site bidders must immediately tender a 25%-50% cash deposit or $100, whichever is greater.

5. No credit cards or third party checks will be accepted. Only cash and checks will be accepted and checks must only be made payable to “Caspert Management Co., Inc.” 

6. All open invoices must be paid in full no later than Wednesday, September 30, 2015 by 12:00 noon. Please, no exceptions. Reminder: Balance of payment for all items must be paid in cash or by cashier’s check only before any item may be removed from the auction site.

7. To prevent error in delivery, nothing may be removed during the auction. Removal schedule will be as follows: If possible, 1/2 hour after the conclusion of the auction until 4:00 pm and Wednesday, Thursday & Friday, September 30, October 1 & 2 from 9:00 am to 4:00 pm each day.

8. All items must be removed by the successful bidder at their own cost and expense no later than Friday, October 2, 2015 by 4:00 pm. After that time the auction company will no longer be responsible. The auction company reserves the right to resell any and all unclaimed items and the defaulting bidder will not only forfeit his deposit, but bear the responsibility of any shortfall in case of resale, and also all costs and expenses asssociated with the default as well as all auctioneer’s fees and commissions.

9. An eighteen percent (18%) buyer’s premium is in effect for all successful online bidders at this auction.

10. Federal, state and local taxes, if applicable, will be  the responsibility of the purchaser and collected by the auction company at time of payment. Any purchaser who claims a tax exemption status must provide acceptable proof to the auction company. If proof is not acceptable, the purchaser will pay all appropriate sales tax.

11. The auctioneer is the final judge in case of a dispute. Any announcement made by the auctioneer at the time of the auction will take precedence over any previoulsy printed materials, including the ability to reject any and all unreasonable bids, entertain a bulk bid, mini bulk bid, and or alter bidding increments at any time.

12. All bidders must be at least 21 years of age. The auctioneer reserves the right to deny admission to the auction to any person the auctioneer deems to be abusive, disorderly, intoxicated or non-compliant with the terms and conditions for the auction, or a potential threat to be such. Any instance of theft or vandelism will be prosecuted to the full extent of the law. Please be forewarned that video security cameras may be present at this auction site.

13. This catalog is meant merely as a guide. The auction company does not warrant the accuracy, genuineness, or authenticity of any of the items specified herein and, in addition, reserves the right to add, alter, or remove any item(s) to or from the auction at anytime.

14. ALL SUCCESSFUL ONLINE BIDDERS AGREE TO TENDER PAYMENT IN FULL, EITHER BY WIRE TRANSFER OR OVERNIGHT CASHIER’S CHECK NO LATER THAN WEDNESDAY, SEPTEMBER 30, 2015 BY 12:00 NOON & HAVE THEIR PURCHASED ITEMS RREMOVED FROM THE AUCTION SITE NO LATER THAN FRIDAY, OCTOBER 2, 2O15. PLEASE BE REMINDED THAT CREDIT CARDS, PERSONAL CHECKS OR COMPANY CHECKS WILL NOT BE AN ACCEPTABLE FORM OF PAYMENT FOR ANY ITEM PURCHASED AT THIS AUCTION. ALSO NOTE: WE ARE NOT IN POSSESSION OF THE PREMISE & REQUESTS TO EXTEND THE REMOVAL DEADLINE OF FRIDAY, OCTOBER 2 WILL NOT BE GRANTED.

WIRE TRANSFER INFORMATON

TD BANKNORTH, 457 SYLVAN AVENUE, ENGLEWOOD CLIFFS, NJ 07632

BANK PHONE # (201)-567-3795

CREDIT TO THE ACCOUNT OF CASPERT MANAGEMENT CO., INC.

ABA ROUTING # __________ TRUST ACCOUNT #__________

CALL AUCTION COMPANY @ (201)-871-1600 FOR

ABA ROUTING # & TRUST ACCOUNT #

PLEASE REFER TO YOUR PADDLE # ON ALL CORRESPONDENCE

QUESTIONS? E-MAIL: mitchell@caspert.com

Thank You.