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Standard Terms and Conditions of Sale: By registering, you hereby expressly accept and agree to be bound by and liable for breaches of these terms and conditions, including all Sale Specific Terms (as defined herein) (collectively, the “Terms and Conditions”) by you or your affiliates, employees, officers, directors, representatives, agents, successors, assigns, independent contractors, subcontractors, licensees, or invitees. These terms apply to all sales, including (without limitation) private treaty, webcast, auction, and other sales (each a “Sale”), in the United States conducted by Hilco Industrial, LLC or any joint venture partners thereof (collectively “Hilco”) unless otherwise specifically stated.
Any exceptions to these terms and conditions will be posted in the Terms and Conditions section on the Sale details page at www.hilcoind.com. Subject to amendments and modifications announced by the Hilco or included in the Sale Specific Terms, the following apply to each and every Sale: EVERY ITEM SOLD 'AS IS'; NO GUARANTEES OR WARRANTIES WHATSOEVER; PLEASE INSPECT THE ITEMS BEFORE BIDDING; ALL SALES ARE FINAL - NO EXCEPTIONS; and ALL SALES ARE SUBJECT TO A BUYER'S PREMIUM, THE RATE OF WHICH WILL VARY SALE TO SALE.
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In addition to the foregoing, any person participating in a Sale conducted by Hilco shall be bound by the following terms and conditions: 1. Registration; Bidder Paddle. Upon registration, Hilco grants to the registered party ('Bidder') the right to use Hilcast™ Webcast Bidding, Hilco online auctions, or other bidding systems, and private treaty sales processes for the purpose of bidding at a Sale to be conducted by Hilco for one or more goods (the “Assets”). Such right is granted at Hilco’s sole and absolute discretion and may be revoked at any time in Hilco’s sole and absolute discretion.
Only one (1) Bidder per paddle number is authorized. The party whose information was provided at the time of registration is responsible for all purchases of Assets under that Bidder paddle number. Hilco reserves the right to refuse issuing or to revoke a paddle number. Credit Card Authorization.
Webcast and online bidders are required to provide a valid MasterCard or Visa (the “Credit Card”) in order to be authorized to bid at a Sale. By registering, the Bidder hereby expressly authorizes Hilco to charge the Credit Card if the Bidder fails to pay any invoice in accordance with section 5 hereof or repair or reimburse Hilco for any damage in accordance with section 11 within forty-eight (48) hours after each such invoice or request is issued to Bidder. Bidder Information. Each Bidder expressly agrees to provide accurate and complete contact, financial, Credit Card, and other requested information.
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Each Bidder hereby further expressly agrees that, whether each such Bidder is acting as a principal, an agent, or an officer, director, or other representative of an entity, or in any other capacity whatsoever, each such Bidder is personally liable for and shall be bound to remit payment of the purchase price, buyer’s premium, taxes, and any other amounts payable with respect to any and all Assets (such Assets, the “Purchased Assets”) for which the Bidder is the “successful bidder” (in each case, the “Purchaser”) at the Sale. In the case of a Bidder acting on behalf of a third party or an entity, by registering, each such Bidder expressly represents, warrants, covenants and agrees that such Bidder has the requisite authority to bind the third party or entity on whose behalf each such Bidder acts. Notwithstanding the foregoing and for the avoidance of doubt, the Bidder shall remain liable for all amounts due to Hilco pursuant the Sale or these Terms and Conditions of Sale regardless whether or not the Bidder is acting for or on behalf of a third party or entity.
Buyer’s Premium. A Buyer's Premium (“BP”) will be in effect for each sale of Purchased Assets, unless specifically stated otherwise in the Sale specific terms and conditions (the “Sale Specific Terms”). Please see Sale Specific Terms for amount of BP or for any exceptions.
Payment Terms. ALL PURCHASES OF PURCHASED ASSETS MUST BE PAID IN FULL UPON RECEIPT OF INVOICE. Invoices will be e-mailed, typically within 24 hours of after the Sale closes. All payments must be made by Cashier's Check, Wire Transfer or Company Check with Bank Letter of Guarantee. Checks must be made payable to Hilco Industrial LLC. In some cases, credit cards will also be accepted up to a specified amount. Hilco reserves the right to resell Purchased Assets if the proper deposit is not received at or before the time of sale or if proper payment for the Purchased Assets is not timely received by Hilco in accordance with these Terms and Conditions.
Unless specifically stated otherwise in the Sale Specific Terms, absolutely no Purchased Assets will be removed before (i) the conclusion of the Sale and (ii) payment is made in full and received and verified by Hilco. All Purchased Assets must be paid for in advance of the Purchased Assets being released to the Purchaser or the Purchaser’s affiliates, employees, officers, directors, representatives, agents, successors, assigns, independent contractors, subcontractors, licensees, or invitees (the “Purchaser Representatives”). No Purchased Assets will be released without confirmation that all of the Purchased Assets have been paid in full. Applicable Taxes. Each Purchaser expressly acknowledges and agrees that taxes arising on a sale of the Purchased Assets, including (without limitation) applicable sales taxes, shall be paid to Hilco at the time of sale of the Purchased Assets and pursuant to invoices issued by Hilco. Any Purchaser who claims one or more exemptions from sales or other taxes expressly agrees to provide proof satisfactory to Hilco, in Hilco’s sole and absolute discretion, of such Purchaser’s entitlement to each such exemption.
In the absence of proof satisfactory to Hilco, in Hilco’s sole and absolute discretion, taxes shall be paid by the Purchaser. Hilco’s Reservation of Rights.
The sale of all Assets will conform to the bid process, provided that Hilco reserves the right to sell Assets by individual group lots, 'EN BLOC', or otherwise, as Hilco deems appropriate in Hilco’s sole and absolute discretion. Hilco reserves the right to sell on behalf of third parties, its own account, or on the account of others. Each Bidder hereby expressly acknowledges and agrees that Hilco may, in Hilco’s sole and absolute discretion, reject any and all bids at any time, even after the Sale. Should any dispute arise between two or more Bidders or as to any bid, the Asset(s) in question may, in Hilco’s sole and absolute discretion, be immediately offered for sale again and resold in which case Hilco shall be deemed to have rejected each such prior bid.
Each Bidder hereby expressly acknowledges and agrees that (i) Hilco shall, in Hilco’s sole and absolute discretion, regulate all matters relating to the conduct of the Sale, including (without limitation) bidding and bidding disputes, (ii) Hilco, in Hilco’s sole and absolute discretion, shall be the sole arbiter of any disputes, (iii) and Hilco’s decision(s), in Hilco’s sole and absolute discretion, shall be final and binding on all Bidders. Bids are Final. Each Bidder hereby expressly acknowledges and agrees that (i) once submitted a bid shall be binding on the Bidder (and Bidder’s affiliates, employees, officers, directors, representatives, agents, successors, assigns, independent contractors, subcontractors, licensees, or invitees (the “Bidder’s Representatives”)) who submitted such bid and (ii) no bid, once made, may be retracted by a Bidder, any Bidder Representative, or any other party. “AS IS, WHERE IS”; NO WARRANTIES. BY REGISTERING, EACH BIDDER EXPRESSLY ACKNOWLEDGES AND AGREES THAT ALL SALES ARE (I) FINAL. Standard Terms and Conditions of Sale: By registering, you hereby expressly accept and agree to be bound by and liable for breaches of these terms and conditions, including all Sale Specific Terms (as defined herein) (collectively, the “Terms and Conditions”) by you or your affiliates, employees, officers, directors, representatives, agents, successors, assigns, independent contractors, subcontractors, licensees, or invitees. These terms apply to all sales, including (without limitation) private treaty, webcast, auction, and other sales (each a “Sale”), in the United States conducted by Hilco Industrial, LLC or any joint venture partners thereof (collectively “Hilco”) unless otherwise specifically stated.
Any exceptions to these terms and conditions will be posted in the Terms and Conditions section on the Sale details page at www.hilcoind.com. Subject to amendments and modifications announced by the Hilco or included in the Sale Specific Terms, the following apply to each and every Sale: EVERY ITEM SOLD 'AS IS'; NO GUARANTEES OR WARRANTIES WHATSOEVER; PLEASE INSPECT THE ITEMS BEFORE BIDDING; ALL SALES ARE FINAL - NO EXCEPTIONS; and ALL SALES ARE SUBJECT TO A BUYER'S PREMIUM, THE RATE OF WHICH WILL VARY SALE TO SALE. In addition to the foregoing, any person participating in a Sale conducted by Hilco shall be bound by the following terms and conditions: 1. Registration; Bidder Paddle.
Upon registration, Hilco grants to the registered party ('Bidder') the right to use Hilcast™ Webcast Bidding, Hilco online auctions, or other bidding systems, and private treaty sales processes for the purpose of bidding at a Sale to be conducted by Hilco for one or more goods (the “Assets”). Such right is granted at Hilco’s sole and absolute discretion and may be revoked at any time in Hilco’s sole and absolute discretion. Only one (1) Bidder per paddle number is authorized. The party whose information was provided at the time of registration is responsible for all purchases of Assets under that Bidder paddle number. Hilco reserves the right to refuse issuing or to revoke a paddle number. Credit Card Authorization. Webcast and online bidders are required to provide a valid MasterCard or Visa (the “Credit Card”) in order to be authorized to bid at a Sale.
By registering, the Bidder hereby expressly authorizes Hilco to charge the Credit Card if the Bidder fails to pay any invoice in accordance with section 5 hereof or repair or reimburse Hilco for any damage in accordance with section 11 within forty-eight (48) hours after each such invoice or request is issued to Bidder. Bidder Information. Each Bidder expressly agrees to provide accurate and complete contact, financial, Credit Card, and other requested information. Each Bidder hereby further expressly agrees that, whether each such Bidder is acting as a principal, an agent, or an officer, director, or other representative of an entity, or in any other capacity whatsoever, each such Bidder is personally liable for and shall be bound to remit payment of the purchase price, buyer’s premium, taxes, and any other amounts payable with respect to any and all Assets (such Assets, the “Purchased Assets”) for which the Bidder is the “successful bidder” (in each case, the “Purchaser”) at the Sale. In the case of a Bidder acting on behalf of a third party or an entity, by registering, each such Bidder expressly represents, warrants, covenants and agrees that such Bidder has the requisite authority to bind the third party or entity on whose behalf each such Bidder acts.
Notwithstanding the foregoing and for the avoidance of doubt, the Bidder shall remain liable for all amounts due to Hilco pursuant the Sale or these Terms and Conditions of Sale regardless whether or not the Bidder is acting for or on behalf of a third party or entity. Buyer’s Premium. A Buyer's Premium (“BP”) will be in effect for each sale of Purchased Assets, unless specifically stated otherwise in the Sale specific terms and conditions (the “Sale Specific Terms”). Please see Sale Specific Terms for amount of BP or for any exceptions. Payment Terms. ALL PURCHASES OF PURCHASED ASSETS MUST BE PAID IN FULL UPON RECEIPT OF INVOICE. Invoices will be e-mailed, typically within 24 hours of after the Sale closes.
All payments must be made by Cashier's Check, Wire Transfer or Company Check with Bank Letter of Guarantee. Checks must be made payable to Hilco Industrial LLC. In some cases, credit cards will also be accepted up to a specified amount. Hilco reserves the right to resell Purchased Assets if the proper deposit is not received at or before the time of sale or if proper payment for the Purchased Assets is not timely received by Hilco in accordance with these Terms and Conditions.
Unless specifically stated otherwise in the Sale Specific Terms, absolutely no Purchased Assets will be removed before (i) the conclusion of the Sale and (ii) payment is made in full and received and verified by Hilco. All Purchased Assets must be paid for in advance of the Purchased Assets being released to the Purchaser or the Purchaser’s affiliates, employees, officers, directors, representatives, agents, successors, assigns, independent contractors, subcontractors, licensees, or invitees (the “Purchaser Representatives”). No Purchased Assets will be released without confirmation that all of the Purchased Assets have been paid in full. Applicable Taxes. Each Purchaser expressly acknowledges and agrees that taxes arising on a sale of the Purchased Assets, including (without limitation) applicable sales taxes, shall be paid to Hilco at the time of sale of the Purchased Assets and pursuant to invoices issued by Hilco. Any Purchaser who claims one or more exemptions from sales or other taxes expressly agrees to provide proof satisfactory to Hilco, in Hilco’s sole and absolute discretion, of such Purchaser’s entitlement to each such exemption.
In the absence of proof satisfactory to Hilco, in Hilco’s sole and absolute discretion, taxes shall be paid by the Purchaser. Hilco’s Reservation of Rights. The sale of all Assets will conform to the bid process, provided that Hilco reserves the right to sell Assets by individual group lots, 'EN BLOC', or otherwise, as Hilco deems appropriate in Hilco’s sole and absolute discretion. Hilco reserves the right to sell on behalf of third parties, its own account, or on the account of others.
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Each Bidder hereby expressly acknowledges and agrees that Hilco may, in Hilco’s sole and absolute discretion, reject any and all bids at any time, even after the Sale. Should any dispute arise between two or more Bidders or as to any bid, the Asset(s) in question may, in Hilco’s sole and absolute discretion, be immediately offered for sale again and resold in which case Hilco shall be deemed to have rejected each such prior bid. Each Bidder hereby expressly acknowledges and agrees that (i) Hilco shall, in Hilco’s sole and absolute discretion, regulate all matters relating to the conduct of the Sale, including (without limitation) bidding and bidding disputes, (ii) Hilco, in Hilco’s sole and absolute discretion, shall be the sole arbiter of any disputes, (iii) and Hilco’s decision(s), in Hilco’s sole and absolute discretion, shall be final and binding on all Bidders. Bids are Final. Each Bidder hereby expressly acknowledges and agrees that (i) once submitted a bid shall be binding on the Bidder (and Bidder’s affiliates, employees, officers, directors, representatives, agents, successors, assigns, independent contractors, subcontractors, licensees, or invitees (the “Bidder’s Representatives”)) who submitted such bid and (ii) no bid, once made, may be retracted by a Bidder, any Bidder Representative, or any other party. “AS IS, WHERE IS”; NO WARRANTIES. BY REGISTERING, EACH BIDDER EXPRESSLY ACKNOWLEDGES AND AGREES THAT ALL SALES ARE (I) FINAL.