Barliant Auctions, Inc. Terms of Sale
  Arlington Wire & Metal Company, 4318 Carroll Avenue, Chicago, IL

Terms & Conditions:
  1.  Bidder card requirements are one of the following:
A.) Twenty-five percent (25%) refundable cash
deposit with $200.00 minimum.
B.) A bank letter guaranteeing the amount of your
check or wire transfer drawn on your account.
The bank letter must specify business or personal
account.
 
2.  A fifteen percent (15%) buyer’s premium will be added
to all purchases. An additional 3% will be added to
all internet purchases.
 
  3.  Payments shall be:
A.) Cash, check with bank letter, same day wire
transfer.
B.) Paid immediately after completion of auction.
C.) In default if payment in full is not made within
the time specified. Barliant Auctions, Inc., in
addition to all other remedies allowed by law,
may retain all monies received as liquidated
damages. Lots not paid for and/or not removed
within the time allowed herein may be resold by
public or private sale. Any deficiency,
together with all expenses of resale, will be
charged to the defaulting buyer.
D.)  The record of sales kept by the auctioneer and
clerk will be taken as final.
E.)  State sales tax will be collected where
applicable.
 4.  Warranty & Description: Barliant Auctions, Inc. and
Arlington Wire & Metal make no warranty, expressed or
implied, including any implied warranty of
merchantability or fitness for a particular purpose,
and no person has authority on behalf of Barliant
Auctions, Inc. to grant such warranty or make any
representation, written or oral, regarding such
equipment, parts or supplies. All goods are sold As
Is, Where Is. While we have endeavored to be as
accurate as possible in our descriptions, buyers
should avail themselves of the opportunity to make
inspection prior to purchase and should use their own
determination as to make, model, condition, age,
value and any other pertinent information required.

  5.  Safety Devices: Articles purchased may not
incorporate approved activating mechanisms, operating
safety devices or safety guards, as required by
OSHA or otherwise. It is buyer’s responsibility that
articles purchased be so equipped and safeguarded to
meet all requirements on equipment sold at this sale.

  6.  Indemnification: Buyer shall defend and indemnify
and hold Barliant Auctions, Inc. and
Arlington Wire & Metal harmless from and against all
claims and liabilities relating to the condition of,
removal of, or use of the articles purchased or
failure of user to follow instructions, warnings, or
recommendations of the manufacture, or to comply with
federal, state, and local laws applicable to such
articles, including OSHA requirements, and
Environmental Protection Agency requirements, or
for proximate or consequential damages, costs or
legal expenses arising therefrom.
 
 7.   Barliant Auctions, Inc. and Arlington Wire & Metal
reserve the right to withdraw items from or add
items to the sale, and also reserve the right to
group one or more lots or subdivide into two or more
lots. Items being sold by quantity will be “times
the money”.
 
 8.   Proxy bids will be bid by Barliant Auctions, Inc.
staff on the buyer’s behalf.

 9.   Disputes between bidders: If any dispute arises
between two or more bidders, the auctioneer’s
decision will be final. The record kept by the
Barliant Auctions’ clerk will be final in any
dispute during Internet bidding.

10. Minimums and Reserves: When an item is offered as
ABSOLUTE, the high bid will be accepted without any
conditions. When an item is offered WITH A MINIMUM
BID, the high bid will be accepted if it is equal
to or greater than the minimum. Items offered WITH
RESERVE are subject to the seller’s acceptance of
the high bid. Reserve: The auctioneer reserves the
right to reject any and all bids. On lots upon
which there is a reserve, the auctioneer or his
assigned agents, shall have the right to bid on
behalf of the seller.
11. Removal:
  A.)  The auctioneers will make every effort to
provide security at the auction site. However,
after a piece of equipment is sold, its removal
and security become the sole responsibility of
the buyer.
B.) No equipment will be removed until auction is
completed.
C.)  Small hand carried items to be removed within 5
days after the auction, large items to be
removed by March 29, 2009. If more time is
needed for removal of difficult items,
arrangements can be made with the guard service
and fees may be charged. Property not removed
by the allotted time will be considered
abandoned and disposed of. No claims will
  be acknowledged.
  D.)  All Rigging Companies must have insurance bonds
in auction company’s possession prior to any
removal.
 
 12. Claims: No claims will be allowed after removal of
goods from premises.

 13. Risk to person and property: Persons attending
during inspection, sale, or removal of goods assumes
all risks of damage of or loss to person and
property and specifically release Barliant Auctions,
Inc. and Arlington Wire & Metal from any and all
liabilities.
 14. Announcements made on the day of sale supersede any
printed material or other advertised information.
 
Please contact us or notify our staff at this auction if your company has the need of an appraisal or has surplus equipment from single items to complete plants or if you need equipment not offered at this sale.

 Thank you for attending another Barliant Auctions sale.