TERMS & CONDITIONS
PAYMENT: All payments must be in Cash, Certified Funds, 
Wire Transfers or Company Checks must be 
accompanied with a bank letter guaranteeing irrevocable 
payment to Infinity Asset 
Solutions Inc.

All Online bidders must register on Bidspotter by 5PM Monday October 27th
A 18% buyers premium will be added to all online purchases, 
A $2000 refundable security deposit is required upon online 
registration. 
A 25% deposit is required at time of purchase, balance due 
by 4PM Wednesday October 29th



REMOVAL TIMES
All Items By Tuesday November 4 2014
Hours: Monday - Friday between 8 am - 4 pm.
No items may be removed during auction. NO EXCEPTIONS.

Site Supervisor: Ian Mundie 519-757-7300
Accounting Contact: Caroline 519-757-7860 
cmundie@infinityassets.com 

Banking Information (Wire Transfers):
CANADIAN WIRE TRANSFER INSTRUCTIONS.
BENEFICIARY NAME:
INFINITY ASSET SOLUTIONS INC.
63 MAPLECRETE ROAD
CONCORD, ONTARIO L4K 1A5
ACCOUNT #: 1007137
TRANSIT #: 00192
BANK #: 003
SWIFT CODE: ROYCCAT2
BENEFICIARY BANK:
RBC ROYAL BANK
3300 HIGHWAY #7, WEST
CONCORD, ONTARIO L4K 4M3
Auctioneers - liquidators - Appraisers 63 Maplecrete Road, 
Concord, Ontario L4K 1AS Canada, Phone: (905) 669-8893 
Fax: (905) 669-7512, www.infinityassets.com
Persons participating in the auction shall be bound by ALL 
of the following terms and conditions, which are subject to 
amendments and modifications by the Auctioneer at the time 
of auction.

1. This catalogue is meant merely as a guide. The 
Auctioneer believes the descriptions contained herein to be 
correct, but make no warranty in connection therewith.

2. Auctioneer reserves the right to sell subject to reserve 
and to bid for its own account and for the accounts of 
others, whether by verbal or written proxy, all lots are 
subject to prior sale.

3. 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.

4. All Articles will be sold to the highest bidder 
conforming to the bid process, provided that the Auctioneer 
reserves the right to sell articles by individual, group 
lots and in bulk, as he deems appropriate. The 
Auctioneer 
reserves the right to sell on behalf of third parties, its 
own account or on the account of others. Should any dispute 
arise between two or more bidders or as to any bid, the lot 
in question may, at the 
Auctioneer`s 
discretion, be 
immediately put up again and resold. The Auctioneer shall 
regulate all matters relating to the conduct of the auction 
and his decision shall be final and binding on all bidders. 
The record kept by the clerk of sale, shall in all cases be 
accepted by the bidder as final.

5. All sales shall be concluded as indicated by the 
Auctioneer and no Purchaser may thereafter revoke his bid. 
Title to the lots purchased shall not pass until payment in 
full of the purchase price is received.

6. ALL SALES ARE FINAL, ON AN \"AS IS WHERE IS,\" IN 
PLACE
WITH ALL FAULTS, BASIS WITH NO CONDITIONS OR WARRANTIES 
WHETHER EXPRESSED OR 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. NO SALE SHALL BE INVALIDATED AND AUCTIONEER 
SHALL HAVE NO LIABILITY FOR A MISDESCRIPTION OF ANY ARTICLE 
OR LOT WHETHER CONTAINED IN A CATALOGUE, ADVERTISEMENT OR 
OTHERWISE. DESCRIPTIONS HAVE BEEN PREPARED FOR GUIDE 
PURPOSES ONLY AND SHALL NOT BE RELIED UPON BY THE PURCHASER 
FOR ACCURACY OR COMPLETENESS. PLEASE INSPECT ALL ITEMS 
BEFORE BIDDING. PURCHASERS SHALL BE DEEMED TO HAVE RELIED 
ENTIRELY UPON THEIR OWN INSPECTIONS AND INVESTIGATIONS.

7. A deposit equal to 25 percent of the purchases shall be 
made at the time of sale. The balance of the purchase price 
must be paid in full before or immediately after the 
conclusion of the auction. All payments shall be made by 
way of cash, certified cheque or letter of credit payable to 
Infinity Asset Solutions Inc. Deposits on account of 
purchases may be made in advance of the auction and the 
balance thereof will be paid immediately after the auction. 
The Auctioneer reserves the right to put articles back up 
for auction if deposit is not received at or before the time 
of sale.

8. No article shall be removed unless paid for in full and 
articles purchased shall be removed within the guidelines 
and terms stipulated. The Purchaser shall be responsible 
for all the costs of removal and shall be liable for all 
damages, including without limitation, any environmental 
damage, caused during or as a result of the removal. 
Purchasers shall comply with all environmental laws and 
regulations including requirements as to bonding of movers. 
No claims shall be allowed after removal of the purchased 
article.

9. Where available, documents of transfer, including motor 
vehicle ownership documents, which are in possession of the 
Auctioneer, will be provided to the Purchaser following the 
auction or as soon thereafter as such documents are 
available.

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

11. Purchasers shall pay applicable federal and provincial 
taxes, and or state tax, or furnish exemption certificates 
at the time of payment for goods purchased. All purchases 
are subject to Federal Goods and Services Tax (G.S.T.) at 
all times. No exceptions whatsoever.

12. Time shall be of the essence. If a Purchaser fails to 
make payment or remove goods within the time periods 
hereinabove provided, the Auctioneer may resell the article 
purchased by auction, private contract or otherwise, as the 
Auctioneer in his discretion deems advisable, and the 
Purchaser shall be liable for the shortfall and all costs 
expenses, including but not limited to interest rates (a 
minimum of 1.5% per month or 18% per annum), legal fees, 
moving and storage (a minimum rate of $2.00/sq. ft. per 
month) and commissions, incurred such as resale. 

13. The Auctioneer assumes no responsibility or any 
liability once title passes, which occurs at time of payment 
in full. Purchasers are advised to prearrange for insurance 
coverage of their purchase. Title will revert to the seller 
in the event purchaser does not remove his purchases within 
the time specified.

14. 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 of profits.

15. Bidders acknowledge that any auction site is a 
potentially dangerous place with noxious, corrosive and 
pressurized substances being present, heavy equipment being 
operated and electric circuits being live. Every person at 
the Auction Site before, during and after the auction sale 
shall be deemed to be there at their own risk with notice of 
the condition of the premises, the activities on the 
premises and the conduct of third parties, and the Bidder 
shall so advise his/her agents and employees. No person 
shall have any claim against the auctioneer, his agents, 
employees or principals for any injuries sustained for 
damages to or loss of property which may occur from any 
cause whatsoever.

These terms and conditions together with any amendments or 
modifications expressly made by Auctioneer at the time of 
auction constitute all the terms and conditions with respect 
to the sale of articles at this auction. There are no 
representations warranties, terms, conditions undertakings 
or collateral agreements except as herein provided.
EQUIPMENT REMOVAL PROCEDURES/ TERMS & CONDITIONS The 
following are the applicable procedures and terms and 
conditions for the removal of equipment or other items 
purchased at an Infinity Asset Solutions Inc. (?Infinity?) 
sale:
1. All invoices must be paid in full prior to removal of 
equipment. Each invoice must be marked ?Paid in Full? and 
initialed by an authorized Infinity representative.

2. No business cards are to be placed on items purchased 
until after they are sold and paid for in full.

3. All buyers are solely responsible for the removal of 
items purchased by them.

4. Buyers are responsible for, at their expense: 
(a) proper and safe disconnection and termination of all 
electrical, gas, water and/or air lines to machines as 
instructed or directed by an authorized Infinity 
representative; 
(b) shearing flush to the floor of all anchor bolts or 
fasteners; 
(c) erecting safety barriers around pits and holes in 
the floor created by removal of equipment until repaired 
(see next); 
(d) repair, in a first class, proper workmanlike manner, 
all holes in the floor or roof created by the removal of 
items purchased; 
(e) removing, off premises, all hazardous materials 
(including all contaminants) contained in items purchased; 
(f) repairing, in a first class, proper workmanlike 
manner, all damage caused to the premises by a buyer, its 
representative or any other party hired by a buyer for the 
removal of items purchased;
(g) leaving the work area in a clean, broom-swept 
condition; 
(h) any other specific terms and conditions communicated 
by Infinity before, during or after the auction sale; 
(i) removal of items purchased by the time and date set 
by Infinity before, during or after the auction sale; and 
(j) the safety of all of a 
buyer`s 
employees, agents or 
representatives including all movers/riggers hired by such 
buyer.

5. Prior to removal, all buyers, or any movers or riggers 
hired by a buyer, must provide to Infinity a certificate of 
insurance evidencing at least $1,000,000 in comprehensive 
liability insurance coverage (including workers compensation 
and automobile) per person, per occurrence.

6. Prior to removal, an authorized Infinity representative 
must examine and approve the removal of all items purchased 
at the sale. Such approval shall be indicated by this 
representative initialing all invoices.

7. No items shall be removed until after the auction sale. 
Removal hours are weekdays only between 8:00 a.m. and 5:00 
p.m.

8. Buyers and their movers/riggers are jointly and severally 
liable for all damages, costs and expenses to the premises 
or any other assets which were caused by any of them, their 
employees, agents or representatives whether through 
negligence or otherwise. The Buyer indemnifies and saves 
Infinity harmless from any and all costs, expenses and 
claims suffered or incurred by Infinity as a result of any 
act or omission of such buyer and/or any mover or rigger 
retained by a buyer.

NO ITEMS SHALL LEAVE THE PREMISES UNTIL THE ABOVE HAS BEEN 
COMPLIED WITH TO INFINITY?S SATISFACTION.

NOTE: Buyers, please provide all movers or riggers hired 
by you with a copy of these procedures/terms and conditions 
as you will be held liable for their conduct.