1. BIDDER PREVIEW DATE: MONDAY, AUGUST 16, 2021, 9:00 am to 4:00 pm 2. ONLINE AUCTION BIDDING CLOSES TUESDAY, AUGUST 17, 2021 at 2:00 pm PDT. 3. CHECK-OUT DATES: Check out will begin on Wednessday, August 18, 2021 from 9:00 am to 4:00 pm through Friday, August 20, 2021 from 9:00 am to 3:30 pm. 4. ALL ITEMS SOLD "AS IS, WHERE IS, NO WARRANTY EXPRESSED OR IMPLIED". SOLD BY MEANS OF ONLINE BIDDING ONLY. 5. Auctioneer makes no representation as to the operating condition of any equipment in this abandoned property public auction sale. 6. Auctioneer does not provide packaging, crating or shipping services. Buyers are solely responsible for the packaging and all costs of removal of their purchases within the check-out days stated in terms and conditions. 7. CURRENT PHONE NUMBER REQUIRED: Bidders must provide a valid telephone number which will be verified prior to bidder approval. 8. PAYMENT TERMS: Cash, cashier's check or wire transfer ONLY must be within 24 hours of close of sale. NO CREDIT CARDS will be accepted. Company checks accepted ONLY with bank letter of guarantee. Specific bank letter content requirements available from Auctioneer. Full payment must be made prior to removal of any and all purchases. Wire transfers for balances due may be made to Asset Reliance, Inc. Contact auctioneer for information. In order to insure proper credit, it is important to include the name of the auction, your name and your buyer number in the wire transfer instructions. a) In the event the purchaser fails to pay the purchase price within the time limits set forth in these stated terms and conditions or fails to comply with any of the terms of the sale including removal of purchases time frames, the seller may resell any and all of the purchaser's merchandise in the possession of auctioneers to a back-up bidder if any or dispose of the item(s). 9. SALES TAX: Sales taxes will be added to the purchase price of all taxable items. Dealers who purchase for resale must pay the sales tax or provide resale number and completed reseller certificate (California: Form bo3230.pdf). Dealers who purchase for resale must be buying items which are congruent by the nature of their specific resale business. a) NOTE: Out-of-State buyers are NOT exempt from California state sales tax unless the purchase is removed from auction site by common carrier and delivered directly to buyer's out of state address. Common carrier bill of lading copy must be provided to auctioneer 10. Items may be offered in units of piece and in bulk lots to the highest bidders. 11. All sales are final. Purchaser agrees to pay all costs of removal and purchaser does hereby indemnify and hold harmless auctioneers and seller for any and all damage, claim or liability for injuries to persons or property caused by the removal of items purchased. Bidders are strongly advised to inspect assets at the sale preview dates. 12. Buyer and/or their truckers/riggers are solely responsible to provide all labor personnel, equipment and material needed to pick up and remove purchases and shall assume all responsibility for the removal of any item of property purchased at the sale and any and all risks associated with such removal including, without limitations, full financial responsibility for any damage or liability to persons or property resulting from any negligent act or omission of buyer or any of buyer's employees, agents and/or representatives during pick-up and removal. 13. Buyer's machinery movers/riggers authorized by buyer to perform work on the premises or to remove any purchases will be required to show proof of liability insurance and Worker's Compensation coverage before the removal shall be permitted to commence. 14. Soft Close Format: This online auction is conducted in a soft close format. A soft close prevents individuals from entering a bid at the very last second before an auction closes in order to prevent others from bidding higher. Auctioneer has a 3-minute soft close policy on each lot. This means that if a bidder enters a bid within three minutes of the lot's initial closing time, a three minute extension would be added on. The lot will not close until bidding is static for three minutes. 15. Quantities, descriptions and capacities are believed to be correct, however there are no guarantees and the auctioneers or advertising media will not be held responsible for any written or verbal discrepancies or inaccuracies whatsoever. Buyer is encouraged to do their own due diligence and site inspection prior to sale of items being sold. 16. This auction is an absolute auction with no reserves or minimum prices required by the Seller. 17. Any online announcements made on the day of the auction take precedence over catalog, website or other previously announced or documented information but do not alter in any way the basic terms and conditions of the sale. 18. Persons in attendance during inspection, sale or removal of merchandise assume all risks of damage or loss to persons, property or merchandise and shall exercise proper precautions at all times for the protection of persons and property and shall comply with all safety and health requirements as provided by any local, state and federal regulations and as directed by auctioneer. 19. Neither auctioneer, its agents, its employees or representatives shall be liable by reason of any defect in or about the condition of the premises on which the auction is held. Buyer specifically releases auctioneer, its agents and representatives from all liability thereof. 20. At no time shall a buyer be in the facility without an Asset Reliance, Inc. employee during preview and/or check-out. 21. Auctioneer reserves the right to accept bids in any increment he feels is in the best interest of his client, the seller. The auctioneer reserves the right to reject the bidding of any registered bidder not approved by Auctioneer for online bidding. 22. The auctioneer reserves the right to add or delete lots. Auction sales may be cancelled for reasons beyond auctioneer's control. Auctioneer assumes no liability for expenses or time-loss incurred by buyers in the event of a third party forced cancellation of an auction sale. 23. In the event of a software glitch, Auctioneer reserves the right to intervene on behalf of the bidder to determine who is the winning bidder.