TERMS AND CONDITIONS OF SALE:

1. A Buyers Premium of 15% will be in effect for this
auction.

2. All invoices must be paid in full no later than July 10th, 2013 at 12 pm, local time.

3. Removal is BY APPOINTMENT ONLY. Deadline for removal of
all assets is no later July 12th, 2013, at 4 pm. Payment
must be received in full prior to removal.

4. Site Supervisor: Peter Keeley Office: 1-416-736-1367
x.222

AUCTIONEERS 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
(when time expires) 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.
Auctioneers 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 Auctioneers 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. 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
$10,000,000.00 evidencing statutory workers compensation
and employers 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 Purchasers
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 9:00am 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.