TERMS AND CONDITIONS OF ONLINE AUCTION SALE

All Equipment will be sold without Reserve

15.00 % Buyers Premium will be added to all purchase made at this sale

Payment in full is due no later than 12/14/12. Forms of payment accepted: Certified check and wire transfer PayPal will be excepted for invoices that are less than $1000.00. An additional 3% will apply to purchases being paid for with PayPal. Please email accounting@cltauction.com to request a paypal invoice.

Removal: All items will be removed by appointment only and no later than 12/20/12.


Packaging and shipping for small items is available and provided by:

UPS Store5924: 704-882-6796 store5924@theupsstore.com
14039 Hwy 74 E, Suite A6 Indian Trail, NC 28079

CLT Auctions staff will drop off lots at the above UPS Store for no additional cost.

Only Riggers approved by CLT auctions will be permitted to remove and load all equipment requiring the use of Forklifts, Cranes etc.

Recommended freight broker: Freight Quote. Ben Lake 800-323-5441 blake@freightquote.com

CLT Auctions is a division of Sebastiano Machinery Inc, hereafter known as Sebastiano Machinery Inc and or the Auctioneer

Auctioneer: Paul Sebastiano NCAL9420,
CLT Auctions NCFL9424

All Bidders and other participants attending this sale
agree that they have read and have full knowledge of these terms and agree to be bound thereby. All buyers acknowledge and accept with their registration for the auction the terms and conditions of the sale as stated on this page.

**All Sales are considered Final, and sold "AS-IS", "Where-Is" with no warranty or refund**


INSPECTION: Inspection will be available onsite 12/11 & 12/12/12 10:am - 4:30pm. Additional inspection dates may be available by appointment. .
Buyer hereby acknowledges that Buyer or an agent acting on Buyer's behalf, has inspected, or has had the opportunity to inspect, all of the items upon which Buyer will be bidding and/or does purchase.

Bidder acknowledges that an auction site is a potentially hazardous place. Flammable, noxious, corrosive and pressurized substances may be present, heavy equipment may be in operation, and electric circuits may be energized. Every person at the auction site before, during and after the auction sale, shall be deemed to be there at his/her own risk with notice of the condition of the premises, the activities on the premises, and conduct of third parties; and the bidder shall so advise his/her agents and employees. No person shall have any claim against Sebastiano machinery Inc, its consignors, agents, employees, directors or principals for any injuries sustained or for damages to or loss of personal property, which may occur from any cause whatsoever.

BIDDING: Bidding begins to close on 12/13/12 . This auction includes a 10 minute soft close. No bidder may revoke his/her bid. All bidding will be in US Dollars. Sebastiano Machinery Inc reserves the right to reject a bid from any Bidder. The highest Bidder as acknowledged by the auctioneer shall be the Purchaser. In the event of any dispute between bidders, or in the event of doubt on the part of Sebastiano Machinery Inc as to the validity of any bid, the auctioneer shall have the sole discretion either to determine the successful bidder or to re-offer and resell the lot in dispute. If any dispute arises after the sale, Sebastiano Machinery Inc's sales record shall be conclusive in all respects. Sebastiano Machinery Inc reserves the right to withdraw any property at any time before actual sale. Unless otherwise announced by the auctioneer at the time of sale, all bids are per lot as numbered in the catalog. On lots upon which there is a reserve, the auctioneer or his assigned agents, shall have the right to bid on behalf of the seller up to and including the reserve amount.

PAYMENT: All invoices must be paid in full on or before 12/14/12 in US Dollars by wire transfer or certified check.
PayPal will be accepted for invoices that are less than $1000.00. An additional 3% will apply to purchases being paid for with PayPal. Your bid is a binding contract. Please do not bid if you are unable to pay for the item. You are responsible for your bids. Sebastiano Machinery Inc. reserves the right to refuse any applicant the privilege of bidding and may revoke such privilege at any time. Sebastiano Machinery Inc reserves the right to request a deposit during the bid process.

Buyers Premium: 15.0% buyers premium will apply to all purchases. Buyers premium is defined as an additional charge owned by the buyer/bidder above and beyond the highest accepted bid amount.

Deposit: Anyone outside of the United States will be required to wire transfer a minimum deposit of $5000 US Dollars to be approved for all bidding no exceptions. All deposits must be received 48 hours prior to auction end time. There are no exceptions to this term. Sebastiano Machinery Inc may require a deposit from US bidders prior to granting permission to bid at this sale. All deposits are fully refundable if no purchase has been made.

TAXES: Sales tax will be applied to all applicable sales unless purchaser has proper exemption.
Purchasers are responsible for knowing if they qualify to claim exemption from tax in the state that would otherwise be due tax on this sale. The purchaser will be held liable for any tax and interest, and possibly civil and criminal penalties imposed by the member state, if the purchaser is not eligible to claim this exemption.

Purchase of any lot is at the Purchaser?s risk with risk of loss immediately passing to Purchaser upon the
auctioneer?s call or timed auction end. Neither Sebastiano Machinery Inc, nor its consignors,
have any liability of any nature whatsoever to Purchaser if the lot is not delivered to Purchaser due to fire, theft, damage, or any other cause.
All property is sold ?AS IS," where is". Neither Sebastiano Machinery Inc nor the consignor makes any representation or warranty, oral or written expressed or implied, as to the merchantability, fitness for a particular purpose, condition of the property, correctness of the description, condition, capacity, age or any other details used to describe the property. Absolutely NO RETURN of sold goods, NO REFUNDS, and NO EXCHANGES will be permitted

Absolutely no warranty or representation, written or oral, is given with any lot. All statements contained in Sebastiano Machinery Inc's catalog, website, marketing material or by the auctioneers, or in any bill of sale, invoice or elsewhere as to description, title, size, quantity, quality, capacity, model, serial number, measurements or condition, are approximated statements and shall not be deemed to be representations or warranties, oral or written, with respect to any lot. No sale is invalid or made void by reason of any flaw in a lot or by reason of a lot being incorrectly described, and Sebastiano Machinery Inc nor the consignor will not be liable and no compensation will be paid for any such fault or error of description. 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.

REMOVAL / RIGGING: No article shall be removed unless paid in full and all articles purchased shall be removed by Thursday, December 20TH, 2012. 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. Purchaser shall fully indemnify Sebastiano Machinery Inc and its consignors for any loss arising from damage to any person property or real property caused to any extent by Purchaser?s removal of the lots purchased.