TERMS & CONDITIONS OF SALE

THIS IS A LIVE & WEBCAST AUCTION ON SATURDAY, OCTOBER 27TH, 2012 BEGINNING AT 10:00 A.M. ALL ITEMS ARE BEING PRESENTED FOR SALE AS IS/WHERE IS, WITHOUT WARRANTY OF ANY KIND EXPRESSED OR IMPLIED. 10% BUYERS PREMIUM/INTERNET FEE & APPLICABLE SALES TAXES APPLY TO EACH PURCHASE. BUYERS PREMIUM/INTERNET FEE DOES NOT APPLY TO ON-SITE BIDDERS. CREDIT CARDS WILL BE ACCEPTED FOR PAYMENT.

IT IS IMPORTANT THAT YOU PRINT AND CAREFULLY READ THE DETAIL THAT FOLLOWS:

1. REGISTRATION ? All bidders must register for the sale providing name (& business if applicable), address, reliable contact phone number, email address, valid credit card number and bank information. Credit Card information is utilized to validate the registrant. Complete registration information is vital to being quickly approved for the sale. Incomplete registrations may not be approved at the discretion of ATEC. By registering the bidder acknowledges that they have read, accept, and agree to abide by the terms set forth in this document. It is the registrant?s responsibility to seek clarification of any terms and conditions not clearly understood or left undefined within this document. No registrations will be accepted after 3:00 P.M. Central Time on Friday, October 26, 2012.

2. INSPECTION ? Items can be inspected at ATEC, Inc. located at 1188 Walters Way Lane in Olivette (St. Louis), Missouri on Monday, October 22nd thru Friday, October 26th, from 9:00 A.M. to 4:00 P.M. Central Time. Inspections will be permitted between 9:00 A.M. to 10:00 A.M. on Saturday, September 27th, 2012. Bidding will begin at 10:00 A.M.

Additional inspections and/or previews of the items are available by appointment only by calling ATEC at (314) 447-3200.

3. BIDDING ? All bidders must be registered to participate in this sale. A 10% Buyer?s Premium/Internet Fee will be added to the sale price of each item sold. Buyer?s Premium/Internet Fee does not apply to on-site sales. Sales tax in the amount of 8.43% will be added to the purchase price of all items. Tax exempt buyers must provide a sales tax exemption certificate or supporting documentation to ATEC at time of registration.
Customers may fax sales tax exemption documentation to (314) 447-3800. Placing a bid acknowledges that the bidder has read, accepted, and agrees to abide by the terms set forth in this document. Placing a bid also signifies a contractual intent to purchase at the specified bid amount and cannot be rescinded. All items have been assigned a nominal starting bid and will be sold to the highest bidder above this opening price.

4. PAYMENT ? Invoices must be paid in full by Tuesday, October 30th, 2012. All winning bidders will be notified by email immediately following the sale with an invoice to follow. If you receive notification that you are the successful bidder, but do not receive an invoice by 2:00 P.M. Monday, October 29th, 2012 it is YOUR RESPONSIBILITY to notify our office at (314) 447-3200 so that we may re-issue your invoice. ATEC accepts WIRE TRANSFER, COMPANY CHECK w/Bank Letter, CREDIT CARDS (Including MasterCard, Discover & Visa) & CASH. Wire transfer is the preferred method of payment and instructions will be included in all winning bidder emails. All checks should be made payable to ATEC, INC. A 10% Buyers Premium/Internet Fee will be added to the sale price of each item sold online. Sales tax in the amount of 8.43% will be added to the purchase price of all items. Payment in full must be received prior to the removal of any purchased item(s). Any unpaid purchases will be re-sold at the auctioneer?s discretion.

5. REMOVAL ? Removal is the sole responsibility of the buyer. The auctioneer is not responsible for preparing items for shipping or removal. No Items will be released until that item has been paid for in full and a copy of the paid invoice is presented to an ATEC representative. Removal of all items will take place Monday, October 29th through Friday, November 2nd, 2012 between 9:00 A.M. and 4:00 P.M. (Central Time). All movers MUST provide proof of insurance to ATEC prior to moving any items.

If you employ someone to remove your purchases they must provide a copy of the paid invoice to our representatives on site. All movers MUST provide proof of insurance to ATEC prior to moving any items. NO ITEM WILL BE REMOVED WITHOUT PROOF OF PURCHASE AND PAYMENT ? NO EXCEPTIONS! All items must be removed by Friday November 2nd, 2012 at 4:30 P.M. (Central Time). Any items not removed by this deadline will be considered abandoned. If you anticipate a problem with meeting this deadline you must communicate with ATEC prior to bidding.

6. MERCHANDISE ? All items are being sold AS IS/WHERE IS without warranty or guarantee of any kind expressed or implied. Neither the auctioneer nor the seller shall be responsible for discrepancy in description or nomenclature. The auctioneer does not own any of the items in the sale and is working on behalf of the seller. The auctioneer reserves the right to remove on behalf of the seller any items identified by the seller to have a clear defect or legal encumbrance not initially known and identified at the time of posting. Neither the auctioneer nor the seller shall be held responsible for any issues related to the safe handling and transport of item(s) purchased, as removal is the responsibility of the buyer.

IT IS YOUR RESPONSIBILITY TO CLARIFY ANY OF THE TERMS OR CONDITIONS PRIOR TO BIDDING ON ANY ITEMS.

ALL QUESTIONS NEED TO BE DIRECTED TO:
DONNA YEAGER, PRESIDENT OF ATEC (314) 447-3200




 
OUR CUSTOMERS HAVE USED THE FOLLOWING COMPANIES FOR
ASSISTANCE WITH REMOVAL OF THEIR PURCHASES:

Movers, Packers, Shippers, & Freight Forwarders:

Move It (Auction Pickups)
Contact Chad McDermott
800-831-0030 ext. 17

Craters & Freighters
St. Louis, MO
Contact Walter Haas
314-770-0855

T&T Logistics
Contact Tim or Tony
888-474-0494
636-925-1653

Zipp Express
Contact Steve Smith
314-842-8877