254
Cookies help us deliver our services. By using our services, you agree to our use of cookies.
Accept Cookies Learn MoreLot
254
You are about to place a bid of USD
Timed Auction:Current bid:
Bids do not include Tax, buyer’s premium or delivery.
By confirming your bid, you agree that you have read and accepted bidspotter.com and the auctioneer's terms and conditions. Confirming your bid is a legally binding obligation to purchase and pay for the lot should your bid be accepted by the auctioneer.
Bids do not include Tax, buyer’s premium or delivery.
By confirming your bid, you agree that you have read and accepted bidspotter.com and the auctioneer's terms and conditions. Confirming your bid is a legally binding obligation to purchase and pay for the lot should your bid be accepted by the auctioneer.
We have noticed that your maximum bid is higher or equal to the buy it now price for this lot.
Would you like to discard your maximum bid and proceed with the buy it now option?
You cannot Buy it now until you are approved to bid.
Please contact the auctioneer (905-669-8893)
Choose one of the quick bid options below:
Bids do not include Tax, buyer’s premium or delivery.
By confirming your bid, you agree that you have read and accepted bidspotter.com and the auctioneer's terms and conditions. Confirming your bid is a legally binding obligation to purchase and pay for the lot should your bid be accepted by the auctioneer.
To place a bid select the minimum amount below:
Bids do not include Tax, buyer’s premium or delivery.
By confirming your bid, you agree that you have read and accepted bidspotter.com and the auctioneer's terms and conditions. Confirming your bid is a legally binding obligation to purchase and pay for the lot should your bid be accepted by the auctioneer.
For Infinity Asset Solutions Inc delivery information please telephone 905-669-8893.
Auction Date & Time: lots start closing on Tues. 11/12/2024 11:00 am
Location: 311 Bluewater Rd., Bedford, NS, B4B 1Z9
Inspection: By Appointment Only
18% Buyers Premium applies on all online purchases.
Featuring
Offset Web Press
WIFAG OF370 PCU/GTD Offset Web Press, Four Towers (2 w/ Plate Changing Capacity), (5) Reel Stands, Dual Independent 2:5:5 Folders, (4) Forming Stations, (5) High Combi Angle Bar Assembly, Colour Configuration: 4/1, 4/1, 2/2, 4/4, Upgraded ABB Control Systems on Folders & Printing Towers, APOS Positioning System, Reel Stands and New Drives in 2017 Cost $3mil, (3) Control Stations, Circumference 1066.8 mm, Cut-Off 533.4 mm, Web Width 1117.6 mm, Operating Speed Max 37,000 RPH, Max 75,000 CPH, Web Speed 11.11 m/s, Paper Reel Dia. 1,270 mm, s/n 2271, (2) Elettra Blanket Fast Wash Systems, etc. (Purchased New in 2005 at a cost of over $22mil) c/w All Electrical, Busbar Power Connector System, Tec Cable, Transformers, Steel Support Structure, Flooring, Staircases, Approx. $1mil Spare Parts Inventory, Electrical, Controllers, Motors, Drives, etc.
Post Press Processing System
2004 FERAG Post Press Processing System, 2 UTR Single Copy Conveying System, Compensated Stacking System, (4) Multistack Systems, (4) Controlled Vacuum Single & Dual Infeed Belt (LATs), Mailroom Data Server, Multidisc Single & Tandem Winding System, (23) Jet Feeders, (100+) DTR Multidisc Feeder Stands, (2) Multisert Drum Insertion Systems (MSD2C and MSD2) 2+1 and 2+2 Pre-Print Segments, (3) Rollstream 6-Head Collation Systems, (2) MDS Transfer Stations, (4) Tandem Unwinding Systems, (4) Multi-Disc Merging Units, (4) Copy Pacer Stations, Approx. 1,000 Meters of Infeed Conveyor System & Support Structure, Electrical, c/w Spare Parts Inventory, Controllers, Motors, Drives, Conveyor Grippers, etc. (Note: To Be Sold Both Enbloc & Individually)
Pre-Press Equipment
2021 AGFA Direct to Plate Imager Model Advantage N-DL S, Xeikon Gen III Laser, s/n 41393
(2) AGFA Advantage DL 3850 CTP Plate Maker, s/n’s 30221, 30333
(2) 2011 AGFA VXP Plate Processors, s/n’s 95556-0012, 95556-0005
2018 NELLA Inline Plate Punch & Register Bender Model VR701690
PRO VISION ALLIANCE Inline Plate Punch & Register Bender
HP Designjet 1050C Wide Format Printer
Material Handling
TOYOTA 42-5FG20 Propane Forklift, 4,000lb Cap., 169” Max Lift, 3-Stage Mast, Side Shift, s/n 18992
TOYOTA 7FGCU30 Propane Forklift, 3,000lb Cap., 240” Max Lift, 4-Stage Mast, Cascade Roll Clamp Attachment
(4) STOCKLIN Electric Ride-On Pallet Jacks
RAYMOND 102-F45L Electric Pallet Jack
RAYMOND 8250 Electric Pallet Jack
GENIE AWP-40S Aerial Work Platform
Embroidery Equipment
2018 TAJIMA TFMX-IIC1504 4-Head Embroidery Machine
2018 TAJIMA TFMX-C1501 Single Head Embroidery Machine
2018 BROTHERS GTX Direct to Digital Garment Printer
2018 SCHULZE Pretreat Maker IV
Plant Support Equipment
CATERPILLAR 3508 Backup Generator, 1,250KVA, 1,000KW, Approx. 1,138hrs, s/n CAT00000CCNB00816 (Serviced in February 2024)
(2) 2004/2003 ATLAS COPCO GA 55 Rotary Screw Air Compressors, s/n’s 476828, 476827
2017 ATLAS COPCO FX-13 Air Dryer, s/n ITJ057177
KING PDM-30 Milling & Drilling Machine
2008 CRAFTEX CT043N Engine Lathe
SAPPHIRE Commercial Reverse Osmosis System, Model CRO 5200, s/n CRO454
(3) GERRARD Strapping Machines
CHALLENGE HB 30” Paper Cutter, s/n 12227
PHILADELPHIA Tramrail Hydraulic Compactor, s/n 790-6098R
PLUS: Machine Shop Equipment, Power & Hand Tools, General Plant Support Equipment, Toolboxes, Pallet Racking, Wire, Metal, Shop Press, Welders, Floor Cleaners, Conveyor, Ladders, Warehouse Fans, Drum Pumps, Pallet Jacks, Strapping Machines, Forklift Batteries, Camera Equipment and Much More!
=================================================================
BidSpotter Customer Service Support Department
Have a question pertaining to the bidding process?
Visit our Frequently Asked Questions!
You can also start a live chat with a Bidspotter Support Representative by selecting Live Chat at the top of Bidspotter.com. More information on our chat system can be found by clicking here.
Customer Support Hours:
Email: support@bidspotter.com
Office: (253) 858-6777 Toll Free: (866) 597-2437
PAYMENT: All payments must be in either Cash, Certified Cheque, Wire Transfers or Company Checks must be accompanied with a bank letter guaranteeing irrevocable payment to Infinity Asset Solutions Inc., Visa & Mastercard will be accepted for total payments of $2,000.00 or less (amounts more than $2,000.00 will be subject to a 3% administrative fee).
Payment is due by: 2PM Thursday November 14th, 2024.
Your credit card added through the Bidspotter.com fully secure and PCI compliant registration process will be charged a $2000.00 deposit in order to be approved to bid within the auction. You will not be approved without your credit card entered at the stage of registration being charged a deposit of $2000.00
Credit Card Payments: Payments via credit card are accepted up to $2000.00 final invoice total (amounts more than $2,000.00 will be subject to a 3% administrative fee). Any invoice total larger than $2000.00 must be paid by wire transfer or certified check. Your deposit may be applied to your final invoice amount, even if your final invoice is larger than $2000.00. Credit Card Payments can only be processed in CANADIAN FUNDS.
Removal deadline: TBD
Site Supervisor: TBD
Accounting: Victoria 905-669-8893 Ext. 207, vwhitman@infinityassets.com
Banking Information (Wire Transfers):
USD WIRE TRANSFER INSTRUCTIONS:
BENEFICIARY BANK:
RBC ROYAL BANK
3300 HIGHWAY #7, WEST
CONCORD, ONTARIO L4K 1A5
BENEFICIARY NAME:
INFINITY ASSET SOLUTIONS INC.
63 MAPLECRETE ROAD
CONCORD, ONTARIO L4K 1A5
ACCOUNT #: 4010286
TRANSIT #: 00192
BANK #: 003
SWIFT CODE: ROYCCAT2
FOR CUSTOMERS FROM USA:
INTERMEDIARY BANK: J.P. MORGAN, NEW YORK
ABA#: 021000021
IBAN #: 003401028600192
Terms and Conditions of Sale Persons participating in the auction shall be bound by ALL of the following terms and conditions, which are subject to amendments and modifications by the Auctioneer at the time of auction. 1. This catalogue is meant merely as a guide. The Auctioneer believes the descriptions contained herein to be correct, but make no warranty in connection therewith. 2. Auctioneer reserves the right to sell subject to reserve and to bid for its own account and for the accounts of others, whether by verbal or written proxy, all lots are subject to prior sale. 3. 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. 4. All Articles will be sold to the highest bidder conforming to the bid process, provided that the Auctioneer reserves the right to sell articles by individual, group lots and “in bulk,” as he deems appropriate. The Auctioneer reserves the right to sell on behalf of third parties, its own account or on the account of others. Should any dispute arise between two or more bidders or as to any bid, the lot in question may, at the Auctioneers discretion, be immediately put up again and resold. The Auctioneer shall regulate all matters relating to the conduct of the auction and his decision shall be final and binding on all bidders. The record kept by the clerk of sale, shall in all cases be accepted by the bidder as final. 5. All sales shall be concluded 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. 6. ALL SALES ARE FINAL, ON AN “AS IS WHERE IS,” “IN PLACE” “WITH ALL FAULTS” BASIS WITH NO CONDITIONS OR WARRANTIES WHETHER EXPRESSED OR IMPLIED, STATUTORYOR 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 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 RULED 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 INSPECTIONS AND INVESTIGATIONS. 7. A deposit of equal to 25 percent of the purchases shall be made at the time of sale. The balance of the purchase price must be paid in full before or immediately after the conclusion of the auction. All payments must be in Cash, Certified Funds, Visa, MasterCard or Interac, Wire Transfers or Company Checks must be accompanied with a bank letter guaranteeing irrevocable payment to Infinity Asset Solutions Inc. Deposits on account of purchases may be made in advance of the auction and the balance thereof will be refunded immediately after the auction. The Auctioneer reserves the right to put articles back up for auction if deposit is not received at or before the time of sale. 8. No article shall be removed unless paid for in full and articles purchased shall be removed within the guidelines and terms stipulated. The Purchaser shall be responsible for all the costs of removal and shall be liable for all damages, including without limitation, any environmental damage, caused during or as a result of the removal. Purchasers shall comply with all environmental laws and regulations including requirements as to bonding of movers. No claims shall be allowed after removal of the purchased article. 9. Where available, documents of transfer, including motor vehicle ownership documents, which are in possession of the Auctioneer, will be provided to the Purchaser following the auction or as soon thereafter as such documents are available. 10. No purchaser may assign, transfer or dispose of his rights in any article purchased before he has paid the purchase price in full. 11. Purchasers shall pay applicable federal and provincial taxes, or furnish exemption certificates at the time of payment for goods purchased. All purchases are subject to Federal Harmonized Sales Tax (H.S.T.) at all times (including buyer's premium). No exceptions whatsoever. 12. Time shall be of the essence. If a Purchaser fails to make payment of remove goods within the time periods hereinabove provided, 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 expenses, including but not limited to interest rates (a minimum of 1.5% per month or 18% per annum), legal fees, moving and storage (a minimum rate of $2.00/sq.ft. per month) and commissions, incurred such as resale. 13. The Auctioneer assumes no responsibility or any liability once title passes, which occurs at time of payment in full. Purchasers are advised to prearrange for insurance coverage of their purchase. Title will revert to the seller in the event purchaser does not remove his purchases by the time specified. 14. If the Auctioneer is unable to deliver an article sold to a Purchaser due to fire, theft or any other reason whatsoever, the Auctioneer shall reimburse the Purchaser for all monies paid to the Auctioneer in respect of the article and the Auctioneer shall have no further liability to the Purchaser arising from or relating to such loss, including without limitation, any damages or loss of profits. 15. 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 for damages to or loss of property which may occur from any cause whatsoever.
EQUIPMENT REMOVAL PROCEDURES TERMS & CONDITIONS
The following are the standard procedures and terms and conditions for the removal of equipment or other items purchased at an Infinity Asset Solutions Inc. (“Infinity”) sale:
NO ITEMS SHALL LEAVE THE PREMISES UNTIL THE ABOVE HAS BEEN COMPLIED WITH TO INFINITY’S SATISFACTION.
NOTE: Buyers, please provide all movers or riggers hired by you with a copy of these procedures/terms and conditions as you will be held liable for their conduct.
Your question has been sent to the auctioneer.
There was an error sending your enquiry, why not try again later
For Infinity Asset Solutions Inc delivery information please telephone 905-669-8893.
Auction Date & Time: lots start closing on Tues. 11/12/2024 11:00 am
Location: 311 Bluewater Rd., Bedford, NS, B4B 1Z9
Inspection: By Appointment Only
18% Buyers Premium applies on all online purchases.
Featuring
Offset Web Press
WIFAG OF370 PCU/GTD Offset Web Press, Four Towers (2 w/ Plate Changing Capacity), (5) Reel Stands, Dual Independent 2:5:5 Folders, (4) Forming Stations, (5) High Combi Angle Bar Assembly, Colour Configuration: 4/1, 4/1, 2/2, 4/4, Upgraded ABB Control Systems on Folders & Printing Towers, APOS Positioning System, Reel Stands and New Drives in 2017 Cost $3mil, (3) Control Stations, Circumference 1066.8 mm, Cut-Off 533.4 mm, Web Width 1117.6 mm, Operating Speed Max 37,000 RPH, Max 75,000 CPH, Web Speed 11.11 m/s, Paper Reel Dia. 1,270 mm, s/n 2271, (2) Elettra Blanket Fast Wash Systems, etc. (Purchased New in 2005 at a cost of over $22mil) c/w All Electrical, Busbar Power Connector System, Tec Cable, Transformers, Steel Support Structure, Flooring, Staircases, Approx. $1mil Spare Parts Inventory, Electrical, Controllers, Motors, Drives, etc.
Post Press Processing System
2004 FERAG Post Press Processing System, 2 UTR Single Copy Conveying System, Compensated Stacking System, (4) Multistack Systems, (4) Controlled Vacuum Single & Dual Infeed Belt (LATs), Mailroom Data Server, Multidisc Single & Tandem Winding System, (23) Jet Feeders, (100+) DTR Multidisc Feeder Stands, (2) Multisert Drum Insertion Systems (MSD2C and MSD2) 2+1 and 2+2 Pre-Print Segments, (3) Rollstream 6-Head Collation Systems, (2) MDS Transfer Stations, (4) Tandem Unwinding Systems, (4) Multi-Disc Merging Units, (4) Copy Pacer Stations, Approx. 1,000 Meters of Infeed Conveyor System & Support Structure, Electrical, c/w Spare Parts Inventory, Controllers, Motors, Drives, Conveyor Grippers, etc. (Note: To Be Sold Both Enbloc & Individually)
Pre-Press Equipment
2021 AGFA Direct to Plate Imager Model Advantage N-DL S, Xeikon Gen III Laser, s/n 41393
(2) AGFA Advantage DL 3850 CTP Plate Maker, s/n’s 30221, 30333
(2) 2011 AGFA VXP Plate Processors, s/n’s 95556-0012, 95556-0005
2018 NELLA Inline Plate Punch & Register Bender Model VR701690
PRO VISION ALLIANCE Inline Plate Punch & Register Bender
HP Designjet 1050C Wide Format Printer
Material Handling
TOYOTA 42-5FG20 Propane Forklift, 4,000lb Cap., 169” Max Lift, 3-Stage Mast, Side Shift, s/n 18992
TOYOTA 7FGCU30 Propane Forklift, 3,000lb Cap., 240” Max Lift, 4-Stage Mast, Cascade Roll Clamp Attachment
(4) STOCKLIN Electric Ride-On Pallet Jacks
RAYMOND 102-F45L Electric Pallet Jack
RAYMOND 8250 Electric Pallet Jack
GENIE AWP-40S Aerial Work Platform
Embroidery Equipment
2018 TAJIMA TFMX-IIC1504 4-Head Embroidery Machine
2018 TAJIMA TFMX-C1501 Single Head Embroidery Machine
2018 BROTHERS GTX Direct to Digital Garment Printer
2018 SCHULZE Pretreat Maker IV
Plant Support Equipment
CATERPILLAR 3508 Backup Generator, 1,250KVA, 1,000KW, Approx. 1,138hrs, s/n CAT00000CCNB00816 (Serviced in February 2024)
(2) 2004/2003 ATLAS COPCO GA 55 Rotary Screw Air Compressors, s/n’s 476828, 476827
2017 ATLAS COPCO FX-13 Air Dryer, s/n ITJ057177
KING PDM-30 Milling & Drilling Machine
2008 CRAFTEX CT043N Engine Lathe
SAPPHIRE Commercial Reverse Osmosis System, Model CRO 5200, s/n CRO454
(3) GERRARD Strapping Machines
CHALLENGE HB 30” Paper Cutter, s/n 12227
PHILADELPHIA Tramrail Hydraulic Compactor, s/n 790-6098R
PLUS: Machine Shop Equipment, Power & Hand Tools, General Plant Support Equipment, Toolboxes, Pallet Racking, Wire, Metal, Shop Press, Welders, Floor Cleaners, Conveyor, Ladders, Warehouse Fans, Drum Pumps, Pallet Jacks, Strapping Machines, Forklift Batteries, Camera Equipment and Much More!
=================================================================
BidSpotter Customer Service Support Department
Have a question pertaining to the bidding process?
Visit our Frequently Asked Questions!
You can also start a live chat with a Bidspotter Support Representative by selecting Live Chat at the top of Bidspotter.com. More information on our chat system can be found by clicking here.
Customer Support Hours:
Email: support@bidspotter.com
Office: (253) 858-6777 Toll Free: (866) 597-2437
PAYMENT: All payments must be in either Cash, Certified Cheque, Wire Transfers or Company Checks must be accompanied with a bank letter guaranteeing irrevocable payment to Infinity Asset Solutions Inc., Visa & Mastercard will be accepted for total payments of $2,000.00 or less (amounts more than $2,000.00 will be subject to a 3% administrative fee).
Payment is due by: 2PM Thursday November 14th, 2024.
Your credit card added through the Bidspotter.com fully secure and PCI compliant registration process will be charged a $2000.00 deposit in order to be approved to bid within the auction. You will not be approved without your credit card entered at the stage of registration being charged a deposit of $2000.00
Credit Card Payments: Payments via credit card are accepted up to $2000.00 final invoice total (amounts more than $2,000.00 will be subject to a 3% administrative fee). Any invoice total larger than $2000.00 must be paid by wire transfer or certified check. Your deposit may be applied to your final invoice amount, even if your final invoice is larger than $2000.00. Credit Card Payments can only be processed in CANADIAN FUNDS.
Removal deadline: TBD
Site Supervisor: TBD
Accounting: Victoria 905-669-8893 Ext. 207, vwhitman@infinityassets.com
Banking Information (Wire Transfers):
USD WIRE TRANSFER INSTRUCTIONS:
BENEFICIARY BANK:
RBC ROYAL BANK
3300 HIGHWAY #7, WEST
CONCORD, ONTARIO L4K 1A5
BENEFICIARY NAME:
INFINITY ASSET SOLUTIONS INC.
63 MAPLECRETE ROAD
CONCORD, ONTARIO L4K 1A5
ACCOUNT #: 4010286
TRANSIT #: 00192
BANK #: 003
SWIFT CODE: ROYCCAT2
FOR CUSTOMERS FROM USA:
INTERMEDIARY BANK: J.P. MORGAN, NEW YORK
ABA#: 021000021
IBAN #: 003401028600192
Terms and Conditions of Sale Persons participating in the auction shall be bound by ALL of the following terms and conditions, which are subject to amendments and modifications by the Auctioneer at the time of auction. 1. This catalogue is meant merely as a guide. The Auctioneer believes the descriptions contained herein to be correct, but make no warranty in connection therewith. 2. Auctioneer reserves the right to sell subject to reserve and to bid for its own account and for the accounts of others, whether by verbal or written proxy, all lots are subject to prior sale. 3. 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. 4. All Articles will be sold to the highest bidder conforming to the bid process, provided that the Auctioneer reserves the right to sell articles by individual, group lots and “in bulk,” as he deems appropriate. The Auctioneer reserves the right to sell on behalf of third parties, its own account or on the account of others. Should any dispute arise between two or more bidders or as to any bid, the lot in question may, at the Auctioneers discretion, be immediately put up again and resold. The Auctioneer shall regulate all matters relating to the conduct of the auction and his decision shall be final and binding on all bidders. The record kept by the clerk of sale, shall in all cases be accepted by the bidder as final. 5. All sales shall be concluded 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. 6. ALL SALES ARE FINAL, ON AN “AS IS WHERE IS,” “IN PLACE” “WITH ALL FAULTS” BASIS WITH NO CONDITIONS OR WARRANTIES WHETHER EXPRESSED OR IMPLIED, STATUTORYOR 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 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 RULED 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 INSPECTIONS AND INVESTIGATIONS. 7. A deposit of equal to 25 percent of the purchases shall be made at the time of sale. The balance of the purchase price must be paid in full before or immediately after the conclusion of the auction. All payments must be in Cash, Certified Funds, Visa, MasterCard or Interac, Wire Transfers or Company Checks must be accompanied with a bank letter guaranteeing irrevocable payment to Infinity Asset Solutions Inc. Deposits on account of purchases may be made in advance of the auction and the balance thereof will be refunded immediately after the auction. The Auctioneer reserves the right to put articles back up for auction if deposit is not received at or before the time of sale. 8. No article shall be removed unless paid for in full and articles purchased shall be removed within the guidelines and terms stipulated. The Purchaser shall be responsible for all the costs of removal and shall be liable for all damages, including without limitation, any environmental damage, caused during or as a result of the removal. Purchasers shall comply with all environmental laws and regulations including requirements as to bonding of movers. No claims shall be allowed after removal of the purchased article. 9. Where available, documents of transfer, including motor vehicle ownership documents, which are in possession of the Auctioneer, will be provided to the Purchaser following the auction or as soon thereafter as such documents are available. 10. No purchaser may assign, transfer or dispose of his rights in any article purchased before he has paid the purchase price in full. 11. Purchasers shall pay applicable federal and provincial taxes, or furnish exemption certificates at the time of payment for goods purchased. All purchases are subject to Federal Harmonized Sales Tax (H.S.T.) at all times (including buyer's premium). No exceptions whatsoever. 12. Time shall be of the essence. If a Purchaser fails to make payment of remove goods within the time periods hereinabove provided, 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 expenses, including but not limited to interest rates (a minimum of 1.5% per month or 18% per annum), legal fees, moving and storage (a minimum rate of $2.00/sq.ft. per month) and commissions, incurred such as resale. 13. The Auctioneer assumes no responsibility or any liability once title passes, which occurs at time of payment in full. Purchasers are advised to prearrange for insurance coverage of their purchase. Title will revert to the seller in the event purchaser does not remove his purchases by the time specified. 14. If the Auctioneer is unable to deliver an article sold to a Purchaser due to fire, theft or any other reason whatsoever, the Auctioneer shall reimburse the Purchaser for all monies paid to the Auctioneer in respect of the article and the Auctioneer shall have no further liability to the Purchaser arising from or relating to such loss, including without limitation, any damages or loss of profits. 15. 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 for damages to or loss of property which may occur from any cause whatsoever.
EQUIPMENT REMOVAL PROCEDURES TERMS & CONDITIONS
The following are the standard procedures and terms and conditions for the removal of equipment or other items purchased at an Infinity Asset Solutions Inc. (“Infinity”) sale:
NO ITEMS SHALL LEAVE THE PREMISES UNTIL THE ABOVE HAS BEEN COMPLIED WITH TO INFINITY’S SATISFACTION.
NOTE: Buyers, please provide all movers or riggers hired by you with a copy of these procedures/terms and conditions as you will be held liable for their conduct.
Tags: Recorder