
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. In some cases, credit cards will also be accepted up to a specified amount. Checks must be made payable to Hilco Industrial LLC. All payments must be made by Cashier's Check, Wire Transfer or Company Check with Bank Letter of Guarantee. Invoices will be e-mailed, typically within 24 hours of after the Sale closes.
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ALL PURCHASES OF PURCHASED ASSETS MUST BE PAID IN FULL UPON RECEIPT OF INVOICE. Please see Sale Specific Terms for amount of BP or for any exceptions.ĥ. 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”). 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.Ĥ. 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. 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. Each Bidder expressly agrees to provide accurate and complete contact, financial, Credit Card, and other requested information. 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.ģ. 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. Hilco reserves the right to refuse issuing or to revoke a paddle number.Ģ.
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The party whose information was provided at the time of registration is responsible for all purchases of Assets under that Bidder paddle number. Only one (1) Bidder per paddle number is authorized. 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. 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”). In addition to the foregoing, any person participating in a Sale conducted by Hilco shall be bound by the following terms and conditions:ġ. ALL SALES ARE SUBJECT TO A BUYER'S PREMIUM, THE RATE OF WHICH WILL VARY SALE TO SALE. ALL SALES ARE FINAL - NO EXCEPTIONS and

PLEASE INSPECT THE ITEMS BEFORE BIDDING NO GUARANTEES OR WARRANTIES WHATSOEVER Subject to amendments and modifications announced by the Hilco or included in the Sale Specific Terms, the following apply to each and every Sale:

Any exceptions to these terms and conditions will be posted in the Terms and Conditions section on the Sale details page at. 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. Standard Terms and Conditions of Sale:īy 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.
