TERMS & CONDITIONS

 

Cash or Company check accompanied by current irrevocable bank letter of credit must be payable immediately to Alex Lyon and Son, Inc.

 

Purchases must be removed from the sale site within 7 days of the sale date.

 

Loading will be on Monday through Saturday from 8:00 AM to 4:00 PM, and if applicable, Sundays from 8:00 AM to 10:30 AM. Any equipment remaining on the grounds after 7 days will be subject to storage fees or removed at the buyers expense.

 

Purchases become the responsibility of and shall be and remain at the risk of the Purchaser immediately upon acceptance of his bid. It shall be the responsibility of the Purchaser to insure his purchases immediately.

 

No sale shall be invalidated by reason of any defect or inaccuracy in any of the lots by reason of their being incorrectly described in this listing or elsewhere and no liability shall be borne by the Auctioneers in respect of any such fault or errors.

 

These listings have been prepared only as a guide based on information from sources generally believed to be reliable and from the Consignor but the accuracy thereof cannot be guaranteed or warranted by the Auctioneers. Bidder acknowledges that it is his responsibility to inspect all equipment and to make his own inquiries.

 

There shall be no guarantees or warranties, expressed or implied statutory or otherwise of any nature whatsoever. Each and every lot will be sold “as is” “where is”. Specifically, but not to restrict the generality of the foregoing, the Auctioneers make no representation or warranty on any of the lots which are the subject of the auction.

 

Since the property sold is second-hand property, seller makes no warranty of any kind and sells the goods on an “as-is” basis, further, seller makes no warranty of any kind whatever, expressed or implied: and all implied warranties of merchantability and fitness for a particular purpose are hereby disclaimed by the seller.

 

All necessary documents will be mailed within 14 business days of the payment. Availability of these documents is subject to provision of the same by the Consignor.

 

Every person at the Auction site before, during and after the auction sale shall be deemed to be there at his 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 agents and employees.

 

THIS LISTING IS ONLY A “GUIDE” AND MAY NOT BE ACCURATE IN ANY WAY.

PLEASE INSPECT THE EQUIPMENT PRIOR TO BIDDING. ALL SALES ARE FINAL.

 

If a Purchaser fails to pay for any lot(s), Purchaser agrees that Alex Lyon & Son may, in its discretion: (1) seek specific performance from Purchaser; or (2) resell the lot(s) and recover any and all damages resulting from Purchaser’s breach. If Alex Lyon & Son is required to take either of the actions set forth in this paragraph, Purchaser agrees that Alex Lyon & Son shall be entitled to recover its reasonable and necessary attorneys’ fees from Purchaser. Any disputes between Alex Lyon & Son and Purchaser shall be governed by New York law. NOTE: All bidders are bound by their signature on the Bidder’s Registration Agreement. Please read the Terms printed on the registration card and on the paragraphs above. The Terms and Conditions are also available at www.lyonauction.com/terms.html.

 

Tax exempt entities must have their exemption number and state form at the time of sale or they will be charged sales tax.

Any individual found tampering with machines in this auction will be prosecuted to the fullest extent of the law!

 

TERMS & CONDITIONS: "Cash or Company Check" accompanied by current “Bank Letter of Guarantee”, made payable to Alex Lyon & Son. Everything Sells “AS IS, “WHERE IS.” The following charges will apply on all purchases: (1.) For each unit $7,501.00 and above, 4.25% administration fee will be assessed when paying with cash or good check. (The standard fee of 6.25% will be assessed when paying with credit card); and (2.) For each unit $1,001-$7,500.00, a 10% administration fee will be assessed when paying with cash or good check, and a 13% fee will be assessed when paying with credit card. (3.) For each unit $0 - $1,000, a 12.5% administration fee will be assessed when paying with cash or good check, and a 15.5% fee will be assessed when paying with credit card. 

 

·        TERMS WILL VARY PER AUCTION – PLEASE REFER TO EACH INDIVIDUAL AUCTION FOR COMPLETE DETAILS. STATEMENTS MADE DAY OF SALE SUPERSEDE PRINTED MATERIAL.

 

NOTICE – Policy for international Buyers: all international buyers must provide a current, valid passport for identification purposes and a $10,000.00 deposit. The deposit must be made with US funds in form of cashier’s check or wire transfer.

 

SALES TAX: All sales are subject to sales tax.

 

SALES TAX EXEMPTIONS: Buyers with a VALID exemption certificate are not required to pay sales tax for equipment and miscellaneous, but MUST present a copy of their certificate at time of registration at EACH SALE.

 

EXPORTERS:

If you take possession of your purchase in the United States, you must pay sales tax. You must provide the following in order not to be charged:

Bill of Lading – All export purchases must be removed by a trucking company. The trucking company will provide a Bill of Lading with the purchases listed.

 

NOTE: No items will be released without this document or you may pay tax and be reimbursed once the Bill of Lading or a Dock Receipt is received.