THIS IS AN INTERNET ONLY AUCTION.

Auction opening/closing date: Auction opens Friday June 20^, 2014 at 9AM PDT and closing begins with Lot #1 on Wednesday June 25, 2014 STARTING AT 8AM PDT

LOCATION: For convenience this auction has been moved from TVG facilities to 4581 Brazil St. Los Angeles, CA 90039

INSPECTION: Wednesday-Friday, June 18^th through June 20th from 10am until 4pm daily.

REMOVAL: Thursday-Friday, Monday-Wednesday, June 26^th-July 2^nd 9am until 4 pm daily.

A $100 registration deposit by Visa/MC is required prior to bidding and will be authorized on your credit card. The $100.00 is held not charged by your credit card company for the length of time they hold authorizations. The 100.00 is authorized only not charged and your auction purchases are a separate transaction if you do not make purchases you will have no charges against your account.

This is an ONLINE ONLY AUCTION PLEASE DO NOT BID IF YOU ARE NOT ABLE TO PICK UP YOUR ITEMS during the scheduled removal times NO refunds or chargeback's will be granted due to a lack of removal at the designated times. After the scheduled removal, items will be considered abandoned and you will be charged a removal fee for dispose of your items. We do not pack and ship but contact us for referrals.

BUYERS PREMIUM:  An 18% buyer’s premium will be added to each purchase if paid via Visa or Master Card.  If you bid $100.00 at checkout you will be charged $118.00.  A cash discount amounting to a 15% buyer’s premium will be added to each purchase if paid via cash, certified check or bank wire. If you bid $100.00 at checkout you will be charged $115.00

PAYMENT: Accepted forms of payment include Cash, Certified Check, Bank Wire, Visa or MasterCard. You must have available balance on your credit card for your online purchases. At the conclusion of the auction, an invoice will be emailed to you and you will need to notify us how you would like to pay the balance of your purchases.

Increasing your own bid/Bidding Errors 
please be aware that many bidders routinely increase their own bid to price an item out of reach of other bidders. You should immediately review your bids once submitted. If you mistakenly increase your own bid, place your bidder number in the bid field, or make a typo you must immediately contact our office by email use the contact sheet on our website (we must have your request in writing). We will not reverse bids after the auction has closed no exceptions.

Staggered Closing: The online auction closes one item per minute. This feature will close the bidding on intervals. This feature works great with the auto-extend feature to closely emulate a 'live' auction.

Dynamic Closing. The closing time of an asset is automatically extended an additional 5 minutes whenever a bid is placed within the last 5 minutes of the asset's closing time.

Bid Notification: If you have been outbid you will be notified by email ONLY UNTIL the last day of the auction --- starting at midnight EST the night before the ending of the auction notices are not sent. To quickly review your bids and see if you have won you can utilize the 'review bids' feature. Items that they have been outbid on will be clearly marked

Winning Bidder Notification: You will be contacted by email ONLY (you are responsible for checking your email) If you feel you have won an item and have not received an email you must notify us by email no later than 6pm the next day. If you do not receive a paid email invoice then you did not win any items at the online auction.

In the event an item is not available for pickup, the buyer must, notify our on-site staff and file a claim by replying to your original emailed invoice noting what was not available within 24 hours of the pickup date. After 24 hours, the Auctioneer and buyer agrees that no adjustment or refund will be made.

SALES TAX: Sales tax will be collected based on current Los Angeles County Tax rate. If you are buying for resale, please notify us and send in a signed resale form prior to the auction closing.

IMPORTANT TAX EXEMPT STATUS YOU MUST FAX A TAX FORM FOR EVERY SALE WITH YOUR BIDDER NUMBER AND SALE CLOSING DATE CLEARLY NOTED. THE FORMS ARE NOT KEPT ON FILE

If you are tax exempt, prior to the conclusion of the online auction you must fax a copy of the appropriate states tax exempt form to 818-688-3280.  You must include your bidder number and the closing date of the auction. Forms without this information will not be accepted and you will have to apply to the state for a refund.

CAUTION: For demonstration purposes multiple pieces of equipment may be combined. Do not assume a lot consists of more than one item simply because they are connected or pictured together. Please inspect the lot numbers and read the descriptions.

Catalog Inaccuracies: You are bidding on the described item, not the photo. If photo does not match item, please notify us and bid on the description.

WARRANTY & CONDITION OF ITEMS SOLD: All items are sold "AS IS, WHERE IS, with NO WARRANTY expressed or implied by the lot number affixed to the item. This sale is to the business community as "equipment" & "inventory" without any implied or expressed warranty. Descriptions are believed to be accurate but not guaranteed. If you are not certain of the condition or use of an item, please bid accordingly. You are bidding on the description.  Not responsible for the operation or suitability or items purchased/won.

Bidders are responsible for their own removal. Any item NOT picked up by the set time will be considered abandoned. Removal shall be at the expense, liability, and risk of the purchaser. Purchases will be released upon presentation of a paid email receipt. Please insure that movers or anyone picking up items on your behalf have your paid receipt at the pickup location no items will be released without a paid email receipt. Bidder further agrees to be held personally responsible for all purchases made on their bidder number, and agrees that bidder will not charge-back items which are not picked up during the published removal times.

Damage: Any damage caused by a buyer during the preview, or during the period of removal must be made good by the buyer causing the damage. Buyer agrees that the credit card on file will be charged for any expenses and/or repairs to the pick-up location or property of another buyer.

IMPORTANT! The Auctioneer will have the option of reselling, removing, storing or abandoning, at the expense and risk of the purchase, items not paid for and/or removed within the specific time. The buyer agrees to pay all deficiencies, legal, collection; transportation and storage expenses associated with delinquent accounts or abandoned items. Owner reserves the right to bid.

CHOOSE WISELY: We want everyone to be satisfied with their purchase. However, when you bid on the wrong item or decide an item is not suited for your intended use, our clients are not willing to assume the cost of your mistakes. When in doubt about condition, completeness or suitability for intended use, please bid accordingly.

The auctioneer reserves the right to add or remove items form the auction, split or combine lots, add minimum bids or reserve prices, cancel, suspend, extend or reschedule an individual item and or auction event or make changes to the auction closing times or inspection or removal times.

Any controversy or claim arising out of or relating to this contract and/or agreement, or breach thereof, shall be settled by either Small Claims Court, State Court or arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association, and judgments upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof. Venue will be Los Angeles County, California.

In the event of a bidder default and /or chargeback bidder agrees that Auction Excess LLC may collect payment for items to be relocated, discarded or stored. Either by arbitration, small claims court, or state court at Auction Excess LLC ‘s discretion, and that any judgments awarded may be applied to the bidder personally or corporately.

Liability: Auctioneers and Sellers liability shall be limited to the refund of bidders purchase price.

LIMITATIONS: The above-stated Condition of Sale cannot be altered except in writing by The Auctioneer.