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500 USD
Chicago, Illinois
0.00%
0%
9251
9251

FORMER ESPN ZONE SPORTS BAR & RESTAURANT

Sale Date(s)
Venue Address
43 East Ohio Street
Chicago
Illinois
United States

For Premier Asset Recovery Group delivery information please telephone 312-280-1234.

Important Information

Terms and Conditions

TERMS OF SALE
Set forth below are the Terms
and Conditions (the "Terms")
that shall apply to any
purchase by any party (a
"Buyer")
either directly from Premier
Asset Recovery Group, LLC
(Premier) or in a transaction
(a "Transaction") in which
Premier serves as broker,
agent, liquidator or
auctioneer
for any third party owner. The
Terms apply to all
Transactions, including
without limitation, public
auctions
conducted by Premier and
direct purchases by Buyer of
any
item either before, after or
independent of any public
auction. By using or accessing
any and all Premier services
and or Websites you agree,
have read and understand the
Terms stated herein and are
bound to these Terms. You may
not use or access any and all
Premier services if you do
not agree to the Terms stated
herein
Premier Asset Recovery
Group/Premier Industrial
Auction
Company.


1. REGISTRATION: All
bidders must register prior to
bidding at any auction sale
and must be of legal capacity
to
enter into this agreement.
All bidders must provide their
name, company (if applicable),
mailing address, telephone
number and fax number prior to
the auction. By registering
you represent and warranty any
and all Buyer information is
accurate and complete. It is
solely the Buyers
responsibility to maintain
current Buyer information for
completeness and accuracy.
Premier reserves the right to
deny and or terminate
Registration at any time at
its sole
discretion without
notification or liability to
any persons
or third parties. When
applicable, Electronic bidders
are
required to provide email
address and credit card
information. At its
discretion, Premier may charge
a
registration fee for
Electronic bidding.

2. TERMS: A completed
credit card form is required
to
register prior to the auction
sale. All purchases must be
paid in full within in 72 hrs.
Of sale by cash, company
check, cashier?s check or bank
wire. Personal & Company
checks must be accompanied by
a bank letter of guarantee.
Checks are to be made payable
to: Premier Asset Recovery
Group. Wire transfer
instructions are available on
Premier?s Website and at the
auction site. All invoices
must be checked at the time of
sale as no adjustments will
be made thereafter. All legal
fees and charges due to
nonpayment will be the
responsibility of and paid by
the
purchaser. The purchaser
shall not be entitled to
possession of any part or
parts of any of his purchases
until the total purchase price
of all his purchases has been
fully paid. All sales are
final. Successful Internet
bidders will be notified by E-
mail within 24 hours of
auction ending. Internet
bidder?s payment must be
received
24 hours after receipt of the
e-mail notification to pay for
their items.

3. SALES (EXEMPTION
CERTIFICATE): All applicable
sales tax
will be added to the purchase
price of all taxable purchases
unless purchaser files a
written ?proof of exemption?
satisfactory to the Auctioneer
and the governing authority.
Sales tax for ?out of State
buyers? will be collected and
refunded upon receipt of a
bill of lading showing the
items
shipped out of state via
common carrier. Applicable
taxes
will be added to the purchase
price of all taxable items as
a default. Taxes will be
reimbursed ONLY after invoices
are
paid in full.

4. WARRANTY: All items are
sold on ?as is - where is?,
?in
place?, ?with all faults?
basis with no conditions or
warranties, whether expressed,
implied, statutory or
otherwise, including without
limitation, warranties or
conditions as to title,
description, fitness for
purpose,
quantity, quality,
merchantability, state,
condition,
location or otherwise. Any
descriptions are meant only as
a
guide. The Auctioneer does
not warrant the accuracy,
genuineness, authenticity,
description, weight, count or
measure of any listing
specified herein. The
Auctioneer
provides no warranty or
guarantee either expressed or
implied in the description or
nomenclature. Premier Asset
Recovery Group assumes no
liability for error or
omissions
associated with the auction
sale. The buyer does hereby
assume and does agree to
indemnify and hold the
auctioneer
and seller harmless from any
future claim which shall
pertain to the fitness or use
of the asset being purchased.
All sales are final.
5. OWNER RESPONSIBILITY AND
REMOVAL: Purchases become the
responsibility of and shall be
and remain at the risk of the
Purchaser immediately upon
acceptance of his bid. It is
the
responsibility of the
purchaser to insure his
purchases
immediately. All purchases
must be removed from the
auction
site within the time and
according to the procedures
announced. All cost,
responsibility and risk shall
be borne
by the purchaser. A purchaser
is deemed to have accepted a
lot when he makes his bid. No
equipment may be removed
until complete settlement is
made. All loading, rigging,
removal and transportation are
the responsibility of the
purchaser. All heavy rigging
requiring the use of
forklifts, cranes, etc.,
whether performed by the buyer
or a
rigging company, will require
the presentation of a
certificate of insurance for a
minimum of $1,000,000 naming
Premier Industrial Auction Co.
as the insured. Buyer hereby
assumes full responsibility
and sole risk for any assets
purchased at the auction. Any
assets left at the auction
site shall be at the sole risk
of the buyer. Buyer agrees
to take all necessary
precautions when removing
equipment
not to damage or destroy any
personal or Real property and
is responsible for any and all
repairs or cleanup of site as
a result of the removal
process. No merchandise will
be
released during the Auction
Sale. Buyer?s wanting to hire
riggers for removal must
release their purchases to the
riggers.

6. MANNER OF OFFERING: All
assets in the auction shall be
sold to the highest bidder;
provided, however, that some
assets may be auctioned with
minimum reserve prices, and/or
subject to seller?s right of
confirmation. The Auctioneer
reserves the right to group,
reduce, add or delete lots as
well as accept or reject any
or all bids. The Auctioneer
reserves the right to sell
items as it may deem
appropriate.
The Auctioneer/Seller reserves
the right to bid on any lot
at any time. The Auctioneer
reserves the right to
represent
buyers via proxy at this sale.
This is not an absolute
auction sale.

7. DISPUTES BETWEEN BIDDERS:
The Auctioneer may designate
the Purchaser after each item
of merchandise is auctioned.
If a dispute arises between
bidders, the Auctioneer may
reopen the bidding or
designate the purchaser. His
designation is final.

8. AUCTIONEER: The
Auctioneer shall have the
right to
resell any property not paid
for within 48 hours after the
Auction. The defaulting
buyer agrees to indemnify and
hold
the Auctioneer harmless for
any expenses of resale and
collection and any damages
resulting from resale. The
Auctioneer can retain any
deposits collected from
defaulting
buyers.

9. ADJUSTMENTS: Errors in
estimates of merchandise
inventory will be adjusted,
but no adjustment will be made
after merchandise has been
moved from its place of sale,
handled by the purchaser or
after the removal dates as
listed on the Sale invoice and
announced by the Auctioneer
at the start of the sale
whether or not the property
has
been removed. All adjustments
must be authenticated by
Premier Industrial Auction Co.
authorized personnel. In no
cases will any adjustments be
made after the property has
been removed.

10. RECEIPT: The buyer will
be furnished a computer
receipt at the time of
payment. This receipt must be
presented to and authenticated
by check-out personnel before
Buyer will be permitted to
remove purchases from the sale
premises. No reproductions of
this receipt may be used for
check out.

11. BUYER?S PREMIUM: The
Buyer?s Premium is a
commission
charge paid by the Buyer.
The Buyer?s Premium is part of
Premier Asset Recovery Group,
LLC compensation for auction
services. Premier shall
charge and collect for its own
account a buyer?s premium from
each successful bidder a
buyer?s premium for each sale
at the auction, in addition to
the purchase price as bid.
Buyers Premium:
18% if paying with credit card
or 15% if paying by wire,
cash, and company check
-Payment - Internet bidders
are required to pay for their
purchases immediately upon
receipt of an electronic or
paper
invoice. Acceptable forms of
payment include company or
personal check with a bank
letter of guarantee, bank
check,
and bank wire transfer.
Credit cards are accepted only
for
Internet bidding registration,
not payment of purchases.

If Premier has not received
payment for winning bids 48
hours after bidders have been
notified of their purchases,
the bidder authorizes Premier
to charge their purchases to
the credit card left on file
during the registration
process.

12. By participating in an
auction, each bidder
represents,
warrants and covenants that
(i) it shall not misrepresent
its ability to close the
transaction pursuant to the
terms
and conditions of sale, (ii)
it has the capacity to close
the transaction, (iii) it has
actual authority to enter a
bid, and to enter into an
agreement to purchase the
item,
and (iv) any bid it makes on
an item constitutes an
irrevocable offer to buy the
item for the full amount of
the
bid.

13. Premier may, in its
discretion, offer the assets
for
sale by the piece or the lot.
In addition, Premier may
augment this auction with
assets from various sellers.
These assets may be
interspersed throughout the
auction.
The seller has the right to
remove assets from the auction
either before or after bidding
has completed. In the event
of a removal after bidding has
been completed, the
purchaser?s sole remedy shall
be the refund of any purchase
price actually paid.

14. Neither Premier nor
seller shall be liable for any
damages of any type or nature
(whether in contract tort or
otherwise) sustained or
claimed by any bidder or any
other
person or entity in connection
with the auction. Without
limiting the foregoing, in no
event shall Premier?s
liability to any bidder for
any act or omission occurring
in
connection with the auction
exceed the amount that such
bidder has actually paid to
Premier as a deposit or as
payment for a purchased item.

15. Bidders acknowledge that
an auction site is a
potentially dangerous place.
Flammable, noxious, corrosive
and pressurized substances may
be present. Heavy equipment
may be operated, and
electrical circuits may be
live. Every
person enters the auction site
at his or her own risk with
notice of the condition of the
premises and the activities
that will be or have been
conducted on the premises.
Bidders shall so advise their
agents and employees. No
person shall have any claim
against Premier, the seller or
their respective agents or
employees for any injuries
sustained or for damages to or
loss of property that may
occur at the auction site.

16. It is the purchaser?s
sole responsibility to meet
all
governmental safety and
environmental standards in
removing,
shipping and using purchased
items. Certain of the items
for sale may contain
?hazardous substances,? as
that term is
defined under federal, state,
or local environmental laws
and regulations. Premier has
no duty to remove any
hazardous substances that are
contained in or are a part of
any item. Purchasers agree to
defend (by counsel
satisfactory to Premier) and
indemnify Premier and hold
Premier harmless from and
against any claim, demand,
cause
of action, liability or
expense (including attorneys?
fees
and costs) asserted against
or incurred by Premier in
connection with the sale,
removal, shipment, or use of
any
purchased items.

17. If the Auctioneer is
unable to deliver an article
sold
to a purchaser due to fire,
theft or any other reason
whatsoever, the Auctioneer
shall reimburse the purchaser
for
all monies paid to the
Auctioneer in respect of the
article
and the Auctioneer shall have
no further liability to the
purchaser arising from or
relating to such loss,
including
without limitation any damages
or loss profits.

18. The Auctioneer reserves
the right to refuse any
applicant the privilege of
bidding or attending at the
auction and may revoke such
privilege at any time.

19. No purchased may assign,
transfer or dispose of his
rights in any article
repurchased before he has paid
the
purchase price in full.

20. These terms and
conditions, and all questions
with
respect to the interpretation
of these Terms and Conditions,
shall be governed by and
construed in accordance with
the
internal laws of the State of
Illinois, without regard to
conflict of law?s provisions.
All bidders expressly consent
to personal and exclusive
jurisdiction in the courts of
the
State of Illinois located in
Cook County.

FINAL REMOVAL: Friday
December, 2, 2011




See Full Terms And Conditions