TERMS AND CONDITIONS OF SALE:

1. A Buyer\'s Premium of 18% will be in effect for
this auction.

2. All invoices must be paid in full no later than
January 23, 2013 at 12 pm.

3. Removal of assets begins January 23, 2013 at 10 am,
BY APPOINTMENT ONLY. Deadline for removal of all assets is
no later January 25, 2013, at 4 pm. Payment must be received
in full prior to removal.

4. Site Supervisor: Peter Keeley
Office: 416-736-1367 ext 222

AUCTIONEER\'S ROLE IN ONLINE AUCTIONS

Subject to amendments and modifications announced by the
Auctioneer at the time of the auction, any person
participating in the auction
shall be bound by the following terms and conditions:

1. A deposit equal to 25% of purchases is required at
the time of sale. The balance of the purchase price must be
paid in full within the
time period herein provided, in the Event Specific Terms &
Conditions. All
payments shall be by way of cash, certified cheque, bank
draft or wire transfer.
Deposits on account of purchases may be made in advance of
the auction. Deposits will be refunded immediately after the
auction if no
purchase is made. The Auctioneer reserves the right to put
articles back up for
auction if deposit is not received at or before time of
sale.

2. Sales taxes arising on a sale shall be paid to the
Auctioneer at the time of sale. Purchasers claiming
exemptions from taxes shall
provide proof satisfactory to
the Auctioneer of their entitlement to claim such exemption.
In the absence of proof satisfactory to the Auctioneer
taxes shall be paid by the purchaser.

3. Auctioneer reserves the right to sell subject to
reserve and to purchase for the account of others, whether
by verbal or written proxy, all subject to prior sale.

4. All sales shall be concluded on the fall of the
hammer or 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.

5. ALL SALES ARE FINAL, ON AN \"AS IS ? WHERE IS\", \"IN
PLACE\", \"WITH ALL FAULTS\" BASIS WITH NO CONDITIONS OR
WARRANTIES. WHETHER EXPRESS, 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 BY REASON OF AND THE
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
INSPECTION AND INVESTIGATIONS.

6. No article shall be removed unless paid for in
full and all articles purchased shall be removed within the
time period herein
provided in the Event Specific Terms & Conditions. The
purchaser shall be
responsible for all costs of removal and shall be liable for
any damage, including
without limitation, any environmental damage, caused during
or as a result of
the removal.
Purchasers shall comply with all environmental laws and
regulations and all requirements established by the
Auctioneer for the removal of
articles, including requirements as to bonding of movers.
Please refer
to the Removal Terms & Conditions herein provided.

7. 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.

8. Time shall be of the essence. If a purchaser fails
to make payment or remove goods within the time periods
herein provided in the Event Specific Terms & Conditions,
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
and expenses,
including but not limited to interest rates (a minimum of
1.5% per month or 18% per cent per annum), legal fees,
removal and storage (a minimum rate of $2.00 per sq. ft. per
month) and
commissions, incurred in such resale.

9. The Auctioneer is acting as agent only and is
not responsible for the acts of his principals.

10. This catalogue is meant merely as a guide. The
Auctioneers believe the descriptions contained herein
to be correct but make no warranty in connection herewith.
Auctioneer\'s announcements on day of sale take precedence
over published information.

11. If for any reason whatsoever, the Auctioneer is
unable to deliver any lot or any necessary documentation
required in respect of any lot, the Auctioneer\'s sole
liability, if any, shall be the return of any monies paid
on such lot only.

12. 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 nor for damages to or loss of
property which may occur
from any cause whatsoever.

13. Purchasers acknowledge that TCL Asset Group Inc. or
associates are not the
shippers or exporters of any
purchased items being shipped from the auction site.

14. These terms and conditions together with any
amendments or modifications expressly made by the
Auctioneer at the time of the auction constitute all the
terms and conditions with
respect to the sale of the articles at this auction. There
are no representations,
warranties, terms, conditions, undertakings, or collateral
agreements except as
hereinabove provided.

REMOVAL REQUIREMENTS

The following are terms & conditions for all Purchasers,
their employees, riggers, contractors and agents; (who
will be further referred to as \"Purchasers/Movers/Riggers\"),
who participate in
the
disconnection and/or removal of equipment/articles to abide
by.

*All invoices must be paid in full before commencement of
removal. Check with TCL Asset Group Inc.\'s site
representative. Riggers, please
do not put business cards on machines.

1. Purchasers/Movers/Riggers are responsible to remove
all articles
purchased.

2. PURCHASERS/MOVERS/RIGGERS SHALL BE RESPONSIBLE FOR
PROPER DISCONNECTION AND TERMINATION OF ALL ELECTRICAL,
WATER AND/OR AIR LINES TO YOUR EQUIPMENT AS STIPULATED BY
SITE REPRESENTATIVE; THE SHEARING OF ANCHOR BOLTS FLUSH
WITH THE FLOOR; LEAVING YOUR WORK AREA IN BROOM SWEPT
MANNER; THE
ERECTING OF SAFETY BARRIERS AS REQUIRED WHERE PITS OR HOLES
HAVE BEEN
CREATED AS A RESULT OF EQUIPMENT REMOVAL; THE REMOVAL, OFF
PREMISES,
OF ALL HAZARDOUS WASTE OR OIL CONTAMINANTS CONTAINED THEREIN
OF
PURCHASED ASSETS, IN CONJUNCTION WITH ALL ENVIRONMENTAL
LAWS; ANY
SPECIFIC TERMS OR CONDITIONS INDICATED BY THE AUCTIONEER AT
THE TIME
OF SALE.

a. All Termination of GAS lines will be disconnected
and capped by a licensed gas fitter.

b. All ELECTRICAL disconnects to be done in accordance
with any federal,
state/provincial or local
codes.

c. NO ARTICLE(S) SHALL LEAVE THE PREMISES UNTIL ALL
THE AFORMENTIONED HAVE BEEN COMPLETED TO THE SATISFACTION
OF TCL ASSET GROUP INC.?S SITE REPRESENTATIVE.

d. RIGGERS: Quote your customers accordingly; you
shall be liable for all costs in compliance with the above.

e. Purchasers/Movers/Riggers shall assume all
responsibility and liability for any and all articles
\"staged\" for shipment, before it leaves the premises.

3. Purchasers/Movers/Riggers must provide to TCL Asset
Group Inc. a
certificate of insurance of not less than $5,000,000.00
evidencing statutory
workers\' compensation and employer\'s liability insurance
and automotive and comprehensive liability insurance
coverage (bodily injury
and property damage) per person and occurrence naming TCL
ASSET GROUP INC.
as well as
the Auction name and address.

4. Where available, bridge cranes and/or hoists
may only be used by certified crane operators with insurance
and only with the
expressed written permission of crane owner and/or TCL Asset
Group Inc.

5. TCL Asset Group Inc. site representative must
examine all articles being loaded out and check off
Purchaser\'s shipping invoice.

6. Purchasers/Movers/Riggers shall be held liable for
all costs and damages or repairs to property as a result of
their negligence.

7. Hours of removal are Monday to Friday from 10:00am
to 4:00pm, unless otherwise specified. Anyone requiring
access beyond our published deadlines is subject to a non-
negotiable per diem rate.

8. NO ARTICLE(S) SHALL LEAVE THE PREMISES UNTIL THE
AFOREMENTIONED HAVE BEEN COMPLETED TO THE SATISFACTION
OF A TCL ASSET GROUP INC. EMPLOYEE/SITE REPRESENTATIVE.