TERMS OF SALE NOTICE:
1. IDENTIFICATION: All
purchasers are required to
register and give full name,
address and credit card
information. VALID CREDIT
CARD WILL BE REQUIRED FOR
REGISTRATION BUT WILL NOT BE
ALLOWED FOR PAYMENT OF ASSETS.

2. Buyer is responsible for
any applicable Sales and Use
Taxes and will supply AUCTION
COMPANY/SELLER documentation
and proof that is acceptable
to the State in which assets
are located as satisfactory to
the Auctioneer. For purchases
without proof of exemption,
sales tax will be added to the
purchase price plus the
buyer?s premium and remitted
to the Auction Company.
3. A Buyer?s Premium of 18% of
the bid price will be added to
the price of each item
purchased to arrive at the
total purchase price.
4. AUCTIONEER reserves the
right to group, reduce, add or
delete lots. AUCTIONEER
reserves the right to bid on
behalf of the owner.
5. REMOVAL: Buyer is solely
responsible to provide any
personnel, equipment or
material needed to pick up
purchases and shall assume all
responsibility for the removal
of any item purchased at the
sale. Buyer is required to
remove all items within the
stated time frame which is on
their invoice (May 16 to May
19) unless prior arrangements
have been made in writing and
approved by AUCTIONEER/SELLER.
Items will be considered
abandoned, and buyer shall
lose all rights to said
equipment without recourse or
refund due from AUCTION
COMPANY/SELLER after the
removal deadline.
6. Although information has
been obtained from sources
deemed reliable,
AUCTIONEER/SELLER makes no
warranty or guarantee,
expressed or implied, as to
the accuracy of the
information herein contained
or the fitness for duty of any
of the assets. All assets are
being sold ?AS IS, WHERE IS,
NO EXCEPTIONS?.
7. If for any reason an item
shall become non-deliverable,
AUCTIONEER/SELLER shall not,
in any event, be liable for
non-delivery, or for any other
matter or thing, to any Buyer
of any lot, other than for the
return to the Buyer of monies
actually paid to
AUCTIONEER/SELLER for said
lot, should the Buyer be
entitled thereto. No
adjustments will be made after
the assets are removed from
the sale site.
8. PAYMENT: Invoices must be
paid in full within 24 hours
of the closing date of the
sale unless otherwise
specified. A buyer?s premium
of 18 % will be applied to all
invoiced sales and sales tax
will apply without appropriate
proof of exemption. Business
and Personal checks will not
be accepted without a letter
of verification from your bank
similar to below. (Your Bank
Name) unconditionally
guarantees payment to
HYPERAMS, LLC from (Your
Company Name) up to the amount
of __________. This guarantee
will be valid for purchases
made at the auction of
(Auction Name) on (Auction
Date). NO ASSETS WILL BE
RELEASED UNTIL INVOICE IS
FULLY PAID.

9. MANNER OF PAYMENT: All
deposits and balances due
shall be payable to the order
of HYPERAMS, LLC. All
payments must be made by Cash,
Cashier's Check, Wire Transfer
or Company Check with Bank
Letter of Guarantee. The full
purchase price on all lots
sold to the same buyer must be
paid in full within 24 hours
of the auction closing date
and before removal of any of
the assets.
10. All assets are being sold
?AS IS, WHERE IS? and buyer
acknowledges they have
inspected all assets prior to
bidding. While all care was
taken in gathering information
on the equipment that is for
sale, AUCTIONEER/Seller will
not be held responsible for
the correctness of the
descriptions. INSPECT BEFORE
YOU BUY!
11. All persons are
inspecting, bidding and
removing assets at their own
risk and liability without
recourse on AUCTIONEER/SELLER.
Further the undersigned and
their employees or agents
agree to hold
AUCTIONEER/SELLER and their
agents and employees harmless
from all claims of any kind or
type.
12. All sales are in US
Dollars.
13. By agreeing to these terms
and conditions you signify
that you have the authority
and you are binding your
company, yourself (as an
individual and/or employee)
and any agents or persons who
conduct business using your
buyers number and/or under
your employment or control.
This includes liability as to
payment and all disclaimers.
14. Buyer hereby agrees to
defend, indemnify and hold
harmless AUCTIONEER\SELLER
their directors, officers,
employees and other agent
representatives from and
against any and all
liabilities, judgments,
claims, settlements, losses,
damages, penalties,
obligations and expenses,
including attorney?s fees,
incurred or suffered by such
person arising from, by reason
of, or in connection with any
loss, damage or injury to
person or property arising
from, by reason of or in
connection with the assets
sold hereunder.
15. Any controversy or claim
arising out of or related to
this Agreement, or any alleged
breach of the terms hereof,
shall be settled by
arbitration in accordance with
the rules, procedures, and
regulations promulgated by the
American Arbitration
Association (?Arbitration
Proceeding?).
The arbitration hearing shall
be held in the State of
Illinois. The Parties hereby
agree that the award rendered
by the person conducting the
Arbitration Proceeding
(?Arbitrator?) shall be final
and nonappealable, and
judgment may be entered upon
the award in any court of
competent jurisdiction. The
Arbitrator shall not have the
authority to award punitive
damages against either Party.
The Party who files notice of
demand for an Arbitration
Proceeding (?Initiator?) must
assert in such demand all
claims then known to the
Initiator against the other
Party (?Respondent?), and the
Initiator may amend its
demands and claims only with
the consent of the Arbitrator.

16. Backup Bidder: If a winner
at the auction does not meet
obligations to pay for the lot
purchased, the next highest
bidder will be considered the
biggest bidder and will be
required to close on such
purchase within the terms and
conditions herein.
17. ADDITIONAL TERMS AND
CONDITIONS: The AUCTIONEER may
add other terms and
conditions of sale, such
additional terms and
conditions to be posted online
prior to the auction.