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Riverside, California
7.75%
0%
iverside, CA
iverside, CA

COMMERCIAL PLUMBING & PIPELINE CONTRACTOR

Sale Date(s)
Venue Address
12620 Magnolia Avenue
Riverside
California
92503
United States

For Tiger Remarketing Services delivery information please telephone 805-497-4999.

Important Information

___________________

Sale Specific Terms
___________________

Registration Deposit:
Onsite Bidders: $500 Cash
Online Bidders: $500 Credit Card Authorization

Additional Deposit:
25% upon award of bid
Onsite: by cash or certified funds
Online: by wire transfer

Bidders intending on spending in excess of $10,000 must make arrangements prior to the auction to ensure bid participation

Online bidders without an advanced deposit arrangement may encounter bidding restrictions

Buyer?s Premium:
A 15% Buyer?s premium will be added to the price of each item purchased

Payment:
Full payment is required by 12 noon on the day following the Auction.

Certificate of Insurance Loss Payees:
Tiger Remarketing Services
340 N. Westlake Blvd., Suite 260, Westlake Village, CA 91362
and
Hackman Capital Equipment Acquisition Corporation
11111 Santa Monica Blvd., Suite 750, Los Angeles, CA 90025

Terms and Conditions

All items offered for sale at
the Auction ("Items",
"Property", "Product",
"Purchases") are offered by
Tiger Remarketing Services
("Auctioneer"), as Seller's
agent, subject to the
following Terms and Conditions
of Sale, which, combined
with each Auction?s Terms of
Sale, specific to the Auction
(the ?Auction Terms?),
as posted in materials and on
the web or as announced by
Auctioneer at the
time of sale, make up the
Complete Terms and Conditions
of Sale.

1. Registration, Deposit and
Payments.

All persons (referred to as a
?Buyer?) must register to
become eligible to bid and
provide complete and accurate
information as required by
Auctioneer.

On-site Buyers: will be
required to pay and or show
proof of an initial deposit
(as posted specific to the
sale) to receive a Bidder?s
Number. This deposit will
be refunded upon request and
provision to Auctioneer of
Buyer's bid paddle,
provided no purchases are
made. Deposit refunds must be
claimed within 30
days of the date of the
auction.

Online Buyers: At the time of
registration, all online
Buyers? are required to
provide a Deposit. Buyer may
either (i) Provide Auctioneer
with a Credit Card at
which time Auctioneer shall
authorize the provided credit
card for a minimum
amount as provided in the
Auction Terms, or (ii) Provide
Auctioneer with funds
in an agreed upon amount by
wire transfer no less than 24
hours prior to the
Auction.

Prior to the Auction, Buyer is
responsible to contact and
make deposit
arrangements with the
Auctioneer if planning on
bidding over $10,000.

Upon Buyers? successful award
of bid, Buyer shall be
immediately responsible
for 25% of their total
purchases as a non-refundable
deposit (the ?Deposit?), in
one of the accepted forms of
payment as designated below or
in the Auction
Terms. Buyers who have
provided a credit card for the
initial deposit hereby
authorize Auctioneer to charge
their credit card for the 25%
deposit.
Auctioneer?s election not to
collect the 25%, pending full
payment, does not
waive Buyer?s obligation to
such amount in the event of
default, nor does it
waive Auctioneer?s right to
process Buyer?s credit card
for the 25% at a later
date.

All Deposits and Payments must
be made in the form of cash,
cashier?s check,
cash equivalent, wire
transfer, business checks
accompanied by a bank letter
of
guarantee or other certified
funds made payable to Tiger
Remarketing Services.
Visa and MasterCard credit
cards will be accepted for
online sales and may be
accepted at live sales as
specified in the Auction
Terms. Buyers paying by credit
card hereby waive their rights
to chargeback. Credit Card
authorizations will
place a 3-7 day hold on funds
with Buyer?s credit card
company.

Signed business checks will be
accepted only if accompanied
by a bank letter,
drawn on a bank which is
acceptable to the Auctioneer,
which states that the
bank will guarantee payment up
to a specified amount (this
letter must contain
the words ?guarantee
payment?). Signed checks
delivered to the Auctioneer by
Buyer, omitting the dollar
amounts will be completed and
deposited by
Auctioneer at the conclusion
of the auction sale.

Unless otherwise posted, full
payment is required by 12:00
noon on the day
following the Auction.

Unless alternative
arrangements have been
acknowledged and accepted by
Auctioneer prior to the
conclusion of the Auction,
Online Buyers hereby
authorize Auctioneer to
process the payment for the
balance of their purchases
using the credit card
provided.

All Deposits and Payments must
be made in U.S. Dollars. IRS
regulations
require us to report all cash
payments, as defined by the
IRS, exceeding
$10,000 from any one purchaser
for one transaction or two or
more related
transactions.

2. Buyer?s Premium. A Buyer?s
premium will be added to the
price of each item
purchased. See each sale?s
auction listing on the
tigergroupllc.com website for
the specific buyers? premium
rate to be charged.

3. Taxes. When required by
law, Auctioneer shall collect
and Buyer shall pay all
sales/use taxes or other
applicable taxes, which will
be added to the purchase
price, including the buyers?
premium, on all purchased
items. PRIOR TO THE
CLOSE OF THE AUCTION, Buyers
who purchase for resale must
fax or email to
Auctioneer documentation to
prove their exemption status,
including, but not
limited to, their resale
permit and a completed and
signed resale certificate,
without which all applicable
taxes will be charged by
Auctioneer. Buyers
purchasing from out-of-state
are required to provide a Bill
of Lading proving
that the purchases are being
transported directly out-of-
state by a common
carrier. Sales/use taxes will
be refunded in full to Buyers
who prove their
qualified exemptions as
described above at the time
documentation deemed
acceptable by Auctioneer is
received by Auctioneer,
provided such information
is submitted within 7 days of
the auction closing. Tiger
reserves the right to
reject any claim for sales tax
exemption that it believes to
be insufficient to
satisfy the scrutiny of the
applicable taxing authority.
Buyer?s obligation to
make payment, in full, for all
items purchased, is not
contingent upon or
subject to any determination
by Tiger regarding Buyer?s
sales/use tax
exemption status or the timely
notice in which Buyer?s
sales/use tax exemption
status is provided to the
Buyer. Additional information
and forms regarding
sales/use tax are available at
www.tigergroupllc.com/salestax
.

4. Bidding. Auctioneer
reserves the right to add to,
group, withdraw, re-
catalog items in this auction,
or to sell in any order
Auctioneer deems suitable,
as well as adjust minimum bids
and/or reserve prices and
extend or shorten
closing times. In the event
there is a dispute between two
or more claims of
entitlement as the successful
bidder, Auctioneer reserves
the right to re-auction
the item in dispute.
Auctioneer reserves the right
to hold all bulk bids in
abeyance and at the conclusion
of the auction or after the
offering of a specific
item, to accept either the
bulk bid or the aggregate of
the individual bids
received during the auction,
which ever is higher.
Auctioneer reserves the right
to reject any bid which is
only a fractional advance over
the preceding bid or
which is not commensurate with
the value of the lot. Some of
the items offered
may be subject to a reserve
price (minimum allowable
selling price).

Buyers participating online
are responsible to confirm
submittal of online bids
for accuracy. When offered,
Internet bidding is provided
via a 3rd Party Bidding
System. Under no
circumstances shall Buyer hold
Auctioneer liable for system
failures resulting in Buyer?s
bid not being properly
submitted. All bidding and
subsequent transactions shall
be in U.S. dollars.

5. Representations.
Auctioneer makes every effort
to provide accurate
information about the items
being sold; however in no
other way is accuracy of
same guaranteed by Auctioneer.
Neither Auctioneer, nor
Seller, nor its Client
will assume responsibility for
Buyer?s bidding errors. It is
Buyers? full
responsibility to confirm the
accuracy of items offered for
sale. Buyers are
recommended to inspect all
items. When provided,
descriptions and photos are
offered as a guide only. In
certain cases, a photo of like
product may be used to
represent several different
lots. Photos may also capture
nearby items not
listed as part of the lot. Do
not rely solely on photos to
make buying decisions;
be sure to read descriptions.
Auctioneer shall not be held
responsible for such
errors as posting the wrong
photo for an item. When in
doubt about the
condition of an item, please
bid accordingly.

6. All Sales are Final. A
successful bid at auction,
whether live or online,
constitutes acceptance of the
Terms of Sale and is a legally
binding contract of
sale. All sales are final.
There will be no refunds,
returns or exchanges.

7. Removal of Items
Purchased. See Auction
specific information regarding
removal dates, deadlines and
conditions. No checkout will
be permitted during
the auction sale. Checkout
will be scheduled by
appointment only. All
purchases must be paid in full
before an appointment can be
scheduled or
items will be released from
the premises. Buyers without
an appointment will
be required to wait for the
next available checkout clerk.
Buyer is solely
responsible to pickup its
purchases within the
timeframes provided. Buyer
must provide its invoice at
time of pickup. All items
must be removed by Buyer
at its? own risk and expense
and in compliance with all
applicable laws,
regulations or ordinances. In
the event Buyer requires
shipment of its
purchases, Buyer is
responsible to arrange to have
its purchases packed,
insured and shipped, and shall
accept full responsibility for
any damages,
losses, acts or omissions once
Buyer's representative removes
purchases from
the sale site. In the event
Auctioneer assists Buyer with
this process, it does so
as a courtesy, and shall
assume no responsibility for
damages, losses, acts or
omissions of any packer or
carrier, whether or not such
packer or carrier is
recommended by Auctioneer.
Quantities should be checked
by Buyer or their
Agent before removal of items.
No allowances will be made for
claims or
shortages once items are
removed from the auction
premises. Any packaging
materials provided by
Auctioneer, or assistance in
packaging items by
Auctioneer are provided as a
free service and courtesy to
Buyers. Auctioneer is
under no obligation to provide
such materials or services,
and in no event will
be liable for damage to
Buyer's purchases regardless
of cause.

Auctioneer requires
Certificates of Insurance from
any purchaser or their agents
that will be removing items
which require rigging, moving,
dismantling, cutting,
grinding, cutting or
disconnecting electrical or
plumbing utilities, use of any
type of vehicle or material
handling equipment, or based
on special
circumstances as determined
exclusively by Auctioneer.
All Certificates of
Insurance, must be properly
completed, list all loss
payees, as required by
Auctioneer and must evidence
general liability insurance at
a minimum of $1
million per occurrence, auto
liability at a minimum of $1
million per occurrence
and workers compensation
insurance at statutory limits.

8. Failure to Remove
Purchases. In the event items
are not removed in the
timeframes allotted, the items
purchased shall be deemed
abandoned and
Buyer will lose any right,
title or interest Buyer may
have acquired and the items
shall revert and repossess to
Auctioneer without further
notice to Buyer.
Auctioneer shall also be
entitled to any costs
associated with the removal,
storage and reselling of
Buyer's items, and any other
charges, fees, and
expenses incurred as a result
of Buyer's failure, including
all attorney fees and
costs incurred by Auctioneer
to enforce Buyer?s obligations
hereunder.

9. Failure to Pay. In the
event Buyer fails to pay the
entire purchase price by the
payment deadline, Auctioneer
may retain and/or recover,
upon demand, from
Buyer the required Deposit per
Paragraph 1 as liquidated
damages for such
failure. In addition thereto,
Auctioneer may, at its
discretion, either resell
Buyer's items at a public or
private sale without further
notice to Buyer and/or
dispose of the item at Buyer
sole expense. Any difference
between the bid price
for an item by the defaulting
Buyer and the price received
by Auctioneer at a
resale shall be paid to
Auctioneer by the defaulting
Buyer. In addition, a
defaulting Buyer shall be
deemed to have granted
Auctioneer a security interest
in the item, which Auctioneer
shall retain as collateral
security for Buyer?s
obligation to Auctioneer.

10. Non-Delivery. Until such
time as purchased items are
removed from the
premises by the Buyer,
Auctioneer shall have the
right to cancel or void the
sale
of any such items purchased by
Buyer. Auctioneer shall have
no liability to
Buyer due to the non-delivery
of any purchased item other
than the return of
Buyer?s deposit for a canceled
or voided sale item. No claim
of any kind for
purchased items, whether or
not based on negligence, shall
be greater in
amount than the purchase price
paid by Buyer.

11. Absence of Warranties.
The condition of the items
being offered varies.
The Buyer understands and
agrees: (1) that any
description or sample of the
items given or furnished by
Auctioneer is solely for
identification, and does not
create any warranty expressed
or implied, that the item
actually conforms to
such description or sample,
(2) that Buyer or agent on
Buyer?s behalf has
inspected or has had the
opportunity to inspect, all of
the items upon which
Buyer will be bidding and/or
does purchase, (3) that all
items are purchased and
accepted by Buyer ?AS IS?,
?WHERE IS? and ?WITH ALL
FAULTS?. AUCTIONEER
MAKES NO REPRESENTATIONS,
WARRANTIES OR GUARANTEES
WHATSOEVER
WHETHER WRITTEN, ORAL OR
IMPLIED AS TO QUALITY,
QUANTITY, CONDITION,
USABILITY, SALABILITY, WEIGHT,
MEASUREMENT, YEAR, MODEL,
MECHANICAL
CONDITION, PERFORMANCE, OR
OTHER SPECIFICATIONS,
INCLUDING ANY
WARRANTY OF MERCHANTABILITY OR
FITNESS FOR A PARTICULAR
PURPOSE OR
WARRANTY AGAINST PATENT,
TRADEMARK, COPYRIGHT OR TRADE
SECRET
INFRINGEMENT, (4) in the event
there are manufacturer
warranties in effect for
the item purchased, Buyer must
make all claims hereunder
directly with the
provider of the warranty. No
statement or statements of any
other paragraph
herein shall be construed to
in any way contradict the
provisions of this
paragraph.

12. Appropriate Rights and
Clearances Not Included. All
items are sold by
Auctioneer without any
corresponding grant of rights
or clearance from any
third parties. Since some of
the items may, if commercially
used, infringe third
party rights, Buyer
acknowledges and agrees that
it shall be solely responsible
for acquiring all appropriate
rights and clearances from all
third parties. Such
rights and clearances include,
but are not limited to, third
party copyright,
trademark, patent, trade
secret, and privacy rights.

13. Upon the Auctioneer's
declaration of an item as
"Sold", title to the offered
lot shall pass to the Buyer,
subject to Buyer's full
payment, who shall forthwith
assume full risk and
responsibility for the lot.
Buyer is solely responsible to
provide any personnel,
equipment or material needed
to pick up items
purchased and shall assume all
responsibility for the removal
of any item
purchased at the sale and any
and all risks associated with
such removal
including, without limitation,
the responsibility for
providing licensed, qualified
and bonded professionals to
ensure proper water, gas
and/or power
disconnection, and to leave
the sale site in a safe
condition, undamaged by the
removal process. Auctioneer
retains the right to prohibit
and stop the ongoing
removal of any item, by a
Buyer, which Auctioneer, at
its? sole discretion,
determines is not being
removed in a professional and
reasonable manner.

14. Hazardous Materials.
Buyer agrees that in the event
any purchased items
contain environmental hazards,
toxic waste or other type of
hazardous material
in any form whatsoever, Buyer
shall provide evidence that
Buyer or its
representatives are licensed
for such removal and shall
comply with all
applicable local, state and/or
federal rules, laws and
regulations. Auctioneer,
its agents or representatives
shall not be responsible for
its containment,
storage or removal. Buyer
shall indemnify, defend and
hold Auctioneer
harmless with respect to all
costs, expenses, liabilities,
damages or claims,
including attorneys? fees,
asserted by any person, entity
or governmental
agency or against Auctioneer
directly or indirectly
relating in any manner to any
hazardous or toxic materials
which may be regulated under
applicable laws,
rules or regulations and which
relate in any way to the
dismantling and removal
of any purchased item.
Auctioneer shall in no event
be obligated to sell any
item which contains any
hazardous materials or to
incur any costs or expenses
relating in any manner, either
directly or indirectly to any
hazardous materials.
Buyer shall be responsible for
any and all remediation costs
relating to the
dismantling and removal of any
purchased item containing
hazardous
materials.

15. Acts of Others. All
persons entering the Auction
premises acknowledge
that an auction site is a
potentially dangerous place,
which includes the
operation of equipment and
access to certain lots and
areas that may be
inherently dangerous. Every
person, which includes, but is
not limited to the
Buyer, as well as Buyer?s
representatives, agents and
associates, who enter 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 any third
parties and shall so
advise their agents, employees
and associates. No person
shall have any claim
against Auctioneer, seller or
their respective agents,
employees or principals for
any injuries sustained nor for
damages to or loss to persons
or property which
may occur from any cause
whatsoever. Auctioneer, its
agents, its employees or
representatives shall not be
liable by reason of any defect
in or about the
condition of the premises on
which the auction is held.
Buyer specifically
releases Auctioneer, its
agents and representatives
from all liability thereof.

16. Limits of Liability. In
no event shall Auctioneer?s
liability to Buyer exceed
the purchase price actually
paid for an individual item or
lot. A Buyer?s claim
shall be limited to the amount
paid for the merchandise, and
shall not extend to
any obligation, risk,
liability, right, claim,
remedy for loss of use,
revenue or
profit, liability of Buyer to
any third party, personal
injury, or any other direct,
indirect, incidental or
consequential damages. Buyer
further acknowledges that
each item it purchases at the
sale represents a separate
transaction, and that no
one transaction shall be
conditioned upon another
transaction. Buyer hereby
holds Auctioneer harmless
from: (1) the acts or omission
of any party who
provided any items to
Auctioneer for sale, (2) the
acts or omission of the owner
or Lessor of the auction site
or the site where the
auctioned items are stored,
(3) any claims Buyer may have
against Auctioneer,
Auctioneer?s client(s) or any
former owner of the property
being sold, (4) Buyer?s
failure in any way to
properly inspect items and/or
fulfill its obligations per
the terms and conditions
of the sale, as indicated
within this document or as
announced by Auctioneer at
the time of sale. In the event
Buyer provides a deposit or
payment using a
Credit Card, Buyer
acknowledges that it is
purchasing under the As-Is,
Where-Is
terms of the auction and that
Buyer shall waive all rights
of charge back based
on any claims of
misrepresentation, non-
delivery or non-performance.

17. Right of Removal.
Auctioneer reserves the right
to remove any person from
the auction site and to refuse
that individual?s bid, whether
offered live, by
proxy or by Internet.

18. Indemnification. Buyer
shall indemnify, hold harmless
and defend
Auctioneer, Seller, owners and
building owners from and
against any and all
losses, damages, liabilities
and claims, including attorney
fees, costs and
expenses arising out of based
upon or resulting from: (1)
failure to secure all
safety equipment and to meet
all applicable government
safety standards in
removing items purchased or
used by Buyer, (2) failure to
comply with safety
instructions issued to Buyer
from Auctioneer, (3) any act
or omission of
Auctioneer, owners, building
owners or their respective
agents, representatives
or employees, relating to or
affecting the items bid on or
purchased by Buyer,
(4) the claim of any third
party claiming or challenging
title to any items
purchased by Buyer or claiming
infringement of any
proprietary interest, (5) the
claim of any person resulting
from Auctioneer offering for
sale or selling the
items purchased by Buyer, (6)
any injury to Buyer or any
other person or
property of any type
whatsoever caused during the
inspection, dismantling,
removing or transporting of
items purchased by Buyer.

19. Bidder?s Number. The
bidder?s number is
nontransferable. All bids
made
using the bid number will be
the responsibility of Buyer.

20. Governing Law. The
validity, construction and
performance of these Terms
of Sale shall be governed by
the substantive law of the
State of California as
applied to agreements among
California residents entered
into and to be
performed entirely within
California, without giving
effect to its conflict of laws
provisions. The prevailing
party shall be entitled to
reimbursement by the
losing party of all statutory
and non-statutory costs and
expenses, including,
but not limited to, all of its
attorney fees.

21. Severability. If any
provision of these Terms of
Sale is deemed to be illegal,
invalid, or unenforceable, the
legality, validity, and
enforceability of the
remaining parts shall not be
affected.


See Full Terms And Conditions