All bidders must submit a deposit if $1,000 prior to the auction. This deposit must be submitted via wire transfer per the instructions found here:
https://www.hilcoind.com/AcetecWireTransferInfo
Sale Specific Terms
- A $1,000 deposit is required from all bidders prior to the auction.
- This deposit must be submitted via wire transfer per the instructions found here:
https://www.hilcoind.com/AcetecWireTransferInfo
- Sale will be conducted in U.S. dollars.
- Assets temporarily imported into Mexico under the Maquiladora program. Assets sold to buyers located in Mexico will be nationalized by Otis.
- Assets sold to buyers located in Mexico will be subject to 16% VAT.
- An 18% buyer`s premium will be charged on all assets.
- All payments must be made by cash, cashier`s check or wire transfer.
- Goods will not be released until payment in full is received and bank wires have cleared.
- All potential riggers or anyone operating machinery (fork lifts, etc.) must provide Hilco Industrial, LLC with an insurance certificate meeting specified insurance requirements for each auction. Hilco Industrial, LLC`s fax number is 847 897 0861. You may contact the Grand Rapids office at 616 732 1800 x18 with any questions.
BY REGISTERING FOR ANY EVENT YOU ACKNOWLEDGE THAT YOU HAVE READ AND AGREE TO ANY AND ALL TERMS AND CONDITIONS OF THE SALE, INCLUDING OUR STANDARD TERMS AND CONDITIONS (see link below), SALES TAX RULES FOR THAT PARTICULAR EVENT, REMOVAL RESTRICTIONS, AND THOSE ANNOUNCED BY THE AUCTIONEER AT THE TIME OF A LIVE EVENT.
Please visit https://www.hilcoind.com/OtisWebcastTerms for additional standard terms of sale. By registering, you have acknowledged that you agree to all terms of sale.
See Full Terms And Conditions