VEMAG CONTINUOUS VACUUM STUFFER WITH LOADER AND LINKER ATTACHMENT. MD# HP15C. SN: 143-890-001.

TERMS OF SALE

FULL PAYMENT AT TERMINATION OF SALE

PAYMENT IN FULL 48 HOURS FROM END OF ON-LINE AUCTION

1. CASHIER’S CHECK OR WIRE TRANSFER payable to EQUIPMENT EXCHANGE COMPANY will be accepted. ONLY KNOWN COMPANY CHECKS WILL BE ACCEPTED BY EQUIPMENT EXCHANGE AND EQUIPMENT NOT RELEASED UNTIL FUNDS CLEAR OUR BANK. Balance and full payment due on day of sale. By bidding you are accepting the terms of sale and are guaranteeing payment for goods you have purchased.

2. While descriptions are believed to be correct, the auctioneers or the owners make no warranties or guarantees expressed or implied, as to the genuineness, authenticity of, or defect in any lot and will not be held responsible for advertising discrepancies or inaccuracies. Everything sold “AS IS” and “WHERE IS” except as expressly made in writing. No warranties are made as to the merchantability of any items or their fitness for any purpose.

3. It is the buyer’s responsibility to secure all safety equipment to meet all applicable government safety standards in using or removing items purchased.

4. Sales Tax will be added to the purchase of all taxable items. Dealers who purchase for resale must file their resale permit numbers.

5. Purchaser does hereby indemnify and hold harmless auctioneer and seller from any and all damages, claims or liabilities from injuries to persons or property of any type whatsoever caused during the sale or by the removal of items purchased.

6. In the event the purchaser fails to pay the whole of the purchase within the time set forth by the auctioneers and/or fails to comply with any of the conditions or terms of sale, the seller may retain and/or recover the deposit specified as liquidated damages and, in addition thereto, items that are not paid for can be resold at public or private sale without further notice. The defaulting purchaser together with all charges, fees, and expenses incurred by such resale and enforcement of the obligation hereunder shall pay any deficiency resulting from such resale to the auctioneers.

7. Auctioneers and Owner shall have no liability to the purchaser due to non-delivery of any item for any reason. Liability shall be limited to return to the purchaser the monies deposited for non-delivered items.

8. ITEMS MUST BE REMOVED FROM THE PREMISES WITHIN THE REMOVAL TIME STATED ON THE AUCTION NOTICE. No item can, on any account, be removed before termination of the sale. Removal shall be at the expense, risk and liability of the purchaser. Auctioneers shall not be responsible for items not removed within the time allowed. If equipment is NOT REMOVED within specified removal time, purchaser shall be liable for any moving and storage costs incurred and, if not so removed, the ITEMS SHALL BE DEEMED ABANDONED! THIS RULE DOES NOT HAVE ANY EXCEPTIONS!

9. If any dispute arises between two or more bidders, the auctioneers may or may not put the lot up again at once, and resell to the highest bidder.

10. The auctioneer reserves the right to group one or more lots into one or more selling lots, or to add to or delete lots at his sole discretion. The auctioneer reserves the right to reject any bid which is only a fractional advance over the proceeding bid. The auctioneer or the owner may bid for one or more lots, either in their own names or through a representative or an agent to protect their interest.

11. Proxy bids may be submitted to the auctioneer prior to the sale if accompanied by a cashier’s check for 25% of the bid. All proxy bids will be held in confidence.

 12. The auctioneer, when acting as agent only, is not responsible for acts of its principals

 ALL SALES ARE FINAL AND WIRE TRANSFER OF FUNDS MUST BE COMPLETED WITHIN 48 HOURS OF ON-LINE AUCTION!