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Lebanon, New Jersey
7.00%
0%
Short LOT OF (2) - SECTIONS OF STORAGE RACKS
LOT OF (2) - SECTIONS OF STORAGE RACKS

Prefabricated & modular building manufacturer

Sale Date(s)
Venue Address
1 Kullman Corporate Campus Drive
Lebanon
New Jersey
United States

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

Important Information

Terms and Conditions

__________________________________________

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.

Removal of Items Purchased. No checkout will be permitted during the
auction
sale or prior to Auctioneer receiving Court Confirmation, which is scheduled to
take place on December 15, 2011. Assignee?s ability to obtain court approval
in a
timely manner does not negate or defer buyer?s responsibility to comply with
the
Terms of sale, including, but not limited to providing full payment as
prescribed
above.

Checkout. December 16 ? 20, from 9am to 5pm (subject only to change in
the
event of a Court Confirmation delay). All checkout will be scheduled by
appointment only. Reasonable extensions will be granted for removal of
major
items. Contact Auctioneer to confirm any checkout timing exceptions.


__________________________________________

FULL TERMS OF SALE:
__________________________________________

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.

Purchasers and their agents involved in the removal of the Assets may, at the
Auctioneer?s discretion, be required to provide a Certificate of Insurance
before
commencing removal of any items. Contact Auctioneer for monetary
coverage
amount and a list of named Certificate payees.

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. Buyer?s Responsibility. 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. Subject to the
conditions of the Auction (see specific Auction Terms of Sale), all Buyer?s and
their
agents involved in the removal of the items, may at Auctioneer?s discretion be
required to provide a Certificate of Insurance (see specific Auction for
required
named loss payees). 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