Bees Classic & Collector Car Auction Bidder Terms and Conditions of Sale 1.) Note: Online Simulcast Bidders will pay a buyers premium of 10% of the sales price. Live onsite bidders pay 7%. 2.) Full payment of purchase must be received on day of purchase, except as allowed in item # 15. Terms are listed below. Personal checks or sight drafts will not be accepted unless accompanied by an irrevocable letter of guaranteed credit from the bank stating buying limit and authorized by an officer of the bank. Letter of credit is retained by Bees Auction at time of issuing bid pass. Wire transfer is preferred method of payment. Any buyers wanting to pay for purchases by credit card shall pay an additional 4% service fee. 3.) All bidders may be required to provide Bees Auction with proof of means to pay for any purchases. Bees Auction retains the right to require a cash deposit before issuing a bid pass. 4.) All vehicles and/or other items are purchased "AS IS" and are sold "WITH OUT WARRANTY OR GUARANTEE, EXPRESS OR IMPLIED". The purchaser warrants that no representations, oral or written, have been made by Bees Auction or any of its employees or agents regarding any vehicle or item sold at the auction by or through Bees Auction. 5.) All statements by the Auctioneer and those statements printed in advertisements are believed to be correct, however, bidders are to examine all vehicles, motorcycles and other items before bidding and do so upon his or her opinion and examination. 6.) Bees Auction is not responsible for correctness of year, genuine or any other description or condition of the vehicles. 7.) All cars and motorcycles that are offered for sale are subject to a reserve price set by the seller unless otherwise stated. 8.) Ownership of an item passes to bidder when Auctioneer says "Sold". Should any dispute in a bid arise the Auctioneer will use his judgment and his decision is final. At that time the new owner assumes full responsibility of the item. Bees Auction shall do our best to protect auction vehicles but Bees Auction shall not be held responsible or liable in any way for any damages or loss due to transport, movement or display, including theft, vandalism, water damage, fire or any human act or act of mother nature. Buyers and sellers should maintain proper insurances at all times. 9.) The removal of auction vehicles from Bees Auction premises requires a signed vehicle release form provided by Bees Auction office. 10.) Removal of purchased vehicles must be removed from the auction premises by the purchaser at his own expense with the appointment made to do so no later than 4:00 PM CST the second banking day following the sale. If it is not removed, Bees Auction may remove and store the vehicle at the owner's risk and expense. Bees Auction will not be held liable in any way for any damages occurred to vehicles for any reason. 11.) All state and local taxes apply. Taxes do not apply when shown proof of an Automobile Dealer's number and resale tax number. (Be prepared with your tax number.) Out of state purchases must acquire necessary transportation permits (bill of lading). 12.) Statements about the vehicles on the description sheets are provided by the consignor to Bees Auction. The Purchaser agrees to base his purchase on his independent investigation and agrees not to rely upon the Consignor's description sheet. Purchaser acknowledges his responsibility to pay for any purchase made through Bees Auction irrespective of the information on such description sheets. Bees Auction expressly disavows the information on such description sheets. 13.) I agree to abide by Bees Auction Policies as listed on each vehicle description. 14.) A purchaser's failure to comply with terms of sale shall entitle Bees Auction and consignor to use, at their discretion, any and all remedies available at law or in equity including without limitation to hold the purchaser liable. This may include the following: A. Cancel the sale and retain as liquidation damages all payments made by the purchasers. Should a bidder default on payment in any manner whatsoever, without limiting any recourse Bees Auction may have, bidder agrees to pay Bees Auction all lost auction fees, which is the maximum published rates for the (1) sellers commission & (2) buyer's premium, this amount is due and payable without relief. Bidder will also be liable to seller for its damages. Bidder hereby authorizes Bees Auction to deduct these lost auction fees from bidder’s cash deposit, or to charge bidder's credit card provided. Bidder agrees not to dispute this charge with the credit card company at any time. Bidder agrees to also pay Bees Auction costs of collection, including attorneys' fees and other related costs. B. Re-sell the vehicle or item at a private or public sale for the highest offered price. Purchaser herein agrees to be liable for the difference between the bid price offered by the purchaser under this bidding contract and the amount received at the private or public sale. In addition, the purchaser shall be liable for any expenses of sale, attorney fees and court costs. 15.) Delayed Payment Agreement: A. I agree to pay in full, plus buyer's fee and all applicable state and local sales tax with terms listed below, the amount owed on any vehicle for which I am the winning bidder. B. I understand that the entire amount of any purchase must be paid by 4:00 P.M. by the first banking day following the auction, including buyer's fee and all applicable state and local sales tax. 16.) Bees Auction provides title only. Licensing (including any emissions requirements, vehicle inspections, plates and tags) is the sole responsibility of the new Buyer. 17.) Titles for items purchased are mailed by certified mail to the purchaser on or by the twentieth (20th) banking day following the sale. ON CASH TRANSACTIONS ONLY ARE TITLES ARE IMMEDIATELY RELEASED TO PURCHASER AT THE TIME OF SALE. Due to liens and titles held in safety deposit boxes, any title may be delayed up to thirty (30) days or more before it is released to Buyer regardless of method of payment. 18.) As a collector of these types of vehicles, I understand these vehicles may not be fit for ordinary driving and reasonably safe agree defects. This includes but is not limited to tires, brakes, steering, motor mounts & drive units. I agree to inspect each vehicle myself and I agree to rely upon such personal inspection in lieu of any other descriptions or representations which may have been made to me which, in any manner, concerns this vehicle. 19.) The parties agree that in any auction to which Bees Auction is a party, the laws of the state of Arizona shall be used to interpret and enforce this contract. The parties agree that in any action to which Bees Auction is a party, the proper venue and jurisdiction for any dispute herein shall be either in the Superior Court of Yavapai, Arizona, or in the District Court located in Prescott, Arizona. Purchaser agrees to address which it has listed below is the property address to be used for any services of process. 20.) This contract may not be assigned by the Purchaser without the written consent of Bees Auction. It is binding upon the Purchaser, his heirs, representatives, assigns, or successor of whatsoever nature. Time is of the essence herein. 21.) "No Sale" occurs if a Lot is put up at the Auction but is not sold, and Auctioneer passes on such Lot, withdraws the Lot, or declares a No Sale of the Lot. "Online Auction Platform" means any hardware and/or software utilized to conduct the Auction online and to facilitate online bidding, including any associated, adjunct, and/or complementary websites, services, premiums, and promotions. Auctioneer may utilize one or more Online Auction Platforms. "Online Auction Platform Provider" means the provider of an Online Auction Platform and related services. Auctioneer may utilize one or more Online Auction Platform Providers. "Online Bidding Period" means any established period during which online bids may be tendered. "Private Sale" means an event in which a Lot is sold (or gifted) by the Seller, or on the Seller's behalf, other than at the Auction. "Private Sale Price" means the fair market purchase price of a Lot paid, or agreed to be paid, at a Private Sale in an arms-length transaction between the Seller and the purchaser. If a Lot is sold through a Private Sale for less than its fair market value, or in a transaction that is not an arms-length transaction, or is gifted by the Seller, the Private Sale Price will be an amount equal to the fair market value of the Lot in an arms-length transaction. "Reserve" or "With Reserve" means that property put up at auction may be withdrawn by Auctioneer and/or bids rejected by Auctioneer prior to the Fall of the Hammer. It is not necessary for there to be a Reserve Price for an Auction to be With Reserve. UNLESS SPECIFICALLY AND EXPRESSLY STATED OTHERWISE BY AUCTIONEER IN WRITING, ALL LOTS ARE BEING SOLD WITH RESERVE. "Reserve Price" means the minimum price that Seller is willing to accept for a Lot. If a Lot put up With Reserve is subject to a Reserve Price, the Lot will not be sold unless the Reserve Price is met or waived. It is not required for any Reserve Price to be disclosed. "Winning Bid" means the highest bid received and accepted (and if Subject to Seller's Confirmation, confirmed by Seller). "Winning Bidder" means the Bidder who is recognized by Auctioneer as having made the Winning Bid. "Without Reserve" means Absolute. 22.) Bidder Registration; Bidder Qualification. YOU must register to bid. Auctioneer may establish such Bidder Registration requirements and Bidder qualifications as Auctioneer determines, in its discretion, to be reasonably necessary or appropriate. In order to register to bid, YOU must provide such information (including identifying information and qualifications) as requested by Auctioneer. Auctioneer may refuse to accept a Bidder Registration from any potential Bidder, may refuse to grant bidding privileges to any potential Bidder, and may revoke the Bidder Registration or bidding privileges of any Bidder. By registering to bid, YOU represent to Auctioneer that, if YOU are a natural person, YOU are at least eighteen (18) years of age and that YOU are otherwise legally able to enter into a contract. Each entity registering to bid represents that it has the power and authority to register, to bid, and to complete the purchase transaction if it is the Winning Bidder. YOU acknowledge and agree that YOU have read, understand, and agree to be bound by, these Bidder Terms and Conditions, any and all other terms and conditions posted on the Auctioneer website(s), and the terms and conditions posted on the websites of any Online Auction Platform Provider(s) used by Auctioneer. Auctioneer may, in its absolute discretion, receive bids from a person or entity that has not registered to bid, and/or who has not satisfied all requirements for Bidder Registration, and/or that has not previously been granted bidding privileges, and, by bidding, such person or entity will be bound by these Bidder Terms and Conditions, any and all other terms and conditions posted on the Auctioneer website(s), and the terms and conditions posted on the websites of any Online Auction Platform Provider(s) used by Auctioneer. Bidder qualification provisions are intended for the benefit of Auctioneer and its Seller(s), and create no rights or interests in any other persons, including competing Bidders. Auctioneer and/or its Seller(s) may (but will not be required to) waive any Bidder qualifications, either globally or on a case by case basis. 23.) Bids Received in the State of Arizona. Notwithstanding YOUR physical location or the physical location of any Lot(s), all bids and payments are received in the State of Arizona. 24.) Buyer's Premium. A Buyer's Premium, or Buyer's fee, will be charged on all Lots. The Buyer's Premium, which will be paid by the Buyer to Auctioneer for its own account, will be calculated as a percentage of the Hammer Price for each Lot, and will be added to the Hammer Price to determine the final Contract Price. The Buyer's Premium will be seven percent (7%) of the Hammer Price for each Lot for in person live bidders and ten percent (10%) for online bidders, and is earned by (and may be retained by) Auctioneer with the Fall of the Hammer. 25.) Access to Online Auction Platform; Premises; Reviews. YOU assume all risks associated with YOUR access to the Auction, including the Online Auction Platform, the premises of Auctioneer, and any other physical location associated with Auctioneer or the Auction. Any person may be denied access to the Auction, the Online Auction Platform, and the premises of Auctioneer or any other physical location associated with Auctioneer or the Auction. Auctioneer reserves the right to post truthful reviews of Bidders, including blocked Bidders, on social media and elsewhere. 26.) Nature of the Auction. Unless expressly stated otherwise in writing, the Auction will be With Reserve. Auctioneer may Withdraw any Lot prior to the Fall of the Hammer on such Lot. 27.) No Bid Retraction. YOU may not retract a bid that has been acknowledged by Auctioneer or that has been submitted online. YOU acknowledge and agree that Auctioneer is acting in reliance on tendered bids in the conduct of the Auction, and that bid retraction is disruptive and interferes with the Auction, and that, as an inducement for Auctioneer to accept YOUR Registration and to grant YOU bidding privileges, and for YOU to bid at the Auction, YOU agree not to withdraw or to attempt to withdraw any bid tendered by YOU. 28.) Posted Times. All times are based on the Central Standard Time Zone ("EST"). Posted closing times and time displays are approximate. Auctioneer reserves the right, in Auctioneer's sole and absolute discretion, to close early or extend the Auction. 10. Handling of Online Bids; Maximum Bid Amounts. YOU may establish a maximum bid amount. Online Bids will ordinarily be initiated at an established opening bid amount or at the next bid increment, which amount may be less than YOUR maximum bid amount. Online bids will automatically be executed competitively up to the Fall of the Hammer (or other termination of the bidding). The receipt and execution of online bids will not create an agency relationship between Auctioneer and YOU. 29.) Relationship of the Parties. Auctioneer is the agent of the Seller(s), and represents the Seller(s) exclusively. Auctioneer is not YOUR agent or representative, and is not acting on YOUR behalf. 30.) Bid Increments. Auctioneer may establish bid increments, and may modify or change, bid increments. 31.) Records. Absent clerical errors, the records of Auctioneer will be final and conclusive for all purposes. 32.) Technology Disruptions. Auctioneer will not be responsible for technology disruptions, errors, or failures (including disruptions to bidding or the failure to execute, recognize, or record online bids), whether caused by (i) loss of connectivity, breakdown, disruption, or failure of the Online Auction Platform, (ii) errors in programming or set-up of the online Auction, (iii) breakdown, disruption, or failure of a Bidder's internet connection, computer, or system, or (iv) otherwise. Auctioneer may, but will not be required to, continue, suspend, delay, extend, reschedule, close, re-set, or re-start the Auction because of disruptions caused by technology failures or errors, even after bidding has commenced. 33.) Failures by Online Auction Platform Provider and its Affiliates or Contractors. Auctioneer may use an Online Auction Platform Provider to facilitate the Auction. Under no circumstances will Auctioneer be liable for any failure of the Online Auction Platform Provider to perform all or any of its obligations, or for the failure of any affiliates, employees, agents, representatives, or contractors of the Online Auction Platform Provider to perform their obligations. 34.) Auto-Extend Feature. Any Online Bidding Period may include an auto-extend feature. This means that, if an online bid is entered within one (1) minutes of the scheduled closing of the established Online Bidding Period, the Online Bidding Period will automatically be extended for an additional one (1) minutes, and will continue to be so extended until there is a set period of time that lapses during which no advancing online bids are received, after which bidding will close. 17. Disclaimer Regarding Online Auction Platform(s). Auctioneer makes no representations or warranties, and disclaims all representations and warranties, (i) that any Online Auction Platform(s) or any related website(s) or technology will be uninterrupted, error free or virus free, (ii) as to the results that may be obtained by using any Online Auction Platform(s) or any related website(s) or technology, or (iii) as to the accuracy, completeness, reliability, security, or current nature of any Online Auction Platform(s), or any related website(s) or technology. 35.) Responsibility for Online Bids. YOU are responsible for all bids transmitted from YOUR computer or from YOUR Bidder Account. If a Winning Bid is sent from YOUR computer or using YOUR Bidder Account, YOU will be the Buyer on certification by Auctioneer. 36.) Winning Bidders Subject to Final Certification by Auctioneer. The final determination of the Winning Bidder is subject to certification by Auctioneer, and any email or electronic message (whether generated manually or automatically) is subject to such certification. 37.) Winning Bid; Buyer. Pursuant to these Bidder Terms and Conditions, the Bidder making the Winning Bid for any Lot, will be the Buyer of the Lot on final certification by Auctioneer. 21. All Property Sold "AS IS", "WHERE IS", and "WITH ALL FAULTS". ALL PROPERTY IS BEING OFFERED AND SOLD IN ITS "AS IS/WHERE IS" CONDITION AT THE TIME OF THE AUCTION, WITH ALL FAULTS, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE. NEITHER AUCTIONEER NOR ANY SELLER MAKES ANY REPRESENTATIONS, WARRANTIES, OR GUARANTEES WHATSOEVER, EXPRESS OR IMPLIED, REGARDING THE NATURE, VALUE, SOURCE, AUTHENTICITY, FITNESS, MERCHANTABILITY, AND/OR ANY OTHER ASPECT OR CHARACTERISTICS OF SUCH PROPERTY. NO STATEMENT ANYWHERE, WHETHER EXPRESS OR IMPLIED, INCLUDING VERBAL STATEMENTS MADE BY AUCTIONEER, WILL BE DEEMED A WARRANTY OR REPRESENTATION BY AUCTIONEER OR ANY SELLER. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THERE ARE NO WARRANTIES OF TITLE, NON-INFRINGEMENT, AUTHENTICITY, ORIGIN, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE, ALL OF WHICH ARE EXPRESSLY DISCLAIMED. YOU ACKNOWLEDGE AND AGREE THAT YOU CANNOT RELY ON, AND YOU HAVE NOT RELIED ON, ANY REPRESENTATION, WARRANTY, OR GUARANTY MADE BY ANY SELLER OR ANYONE ACTING AS AGENT OF A SELLER (INCLUDING AUCTIONEER), ORALLY OR IN WRITING, ABOUT ANY LOT. YOU ACKNOWLEDGE AND AGREE THAT YOU HAVE HAD A FULL AND FAIR OPPORTUNITY TO INSPECT ALL LOTS, AND THAT YOU ARE RELYING SOLELY ON, OR HAVE WAIVED, YOUR INSPECTION AND INVESTIGATION (i) IN DETERMINING WHETHER TO BID, (ii) IN DETERMINING THE AMOUNT OF YOUR BID(S), AND (iii) IN BIDDING. IT IS YOUR RESPONSIBILITY TO DETERMINE CONDITION, AGE, GENUINENESS, VALUE, OR ANY OTHER DETERMINATIVE FACTORS REGARDING ANY LOT ON WHICH YOU BID. 38.) Bidder's Inspection; Adequacy of Description and Images. YOU are encouraged to inspect the Lot(s), or to have the Lot(s) inspected by YOUR agent or representative before bidding. By bidding, YOU acknowledge and agree that YOU have had a full and fair opportunity to inspect the Lot(s), and that YOU are relying solely on YOUR inspection and investigation, or that YOU have waived inspection and investigation, and that you have not relied on any statement, representation, warranty, or guaranty made by any Seller or anyone acting as agent or representative of a Seller (including Auctioneer), and any photographs or other images of Lot(s) are adequate for YOUR purposes. 23. Description of Property. Unless otherwise expressly stated in writing, any description of a Lot is based solely on visual impression, and is given solely for identification purposes, and does not create any warranty, expressed or implied, or representation by Auctioneer. 39.) High and Low Estimates. If and to the extent that High Estimates and Low Estimates are used, they are merely a guide. You may not rely on High Estimates or Low Estimates as a prediction of the Hammer Price or the value of any Lot, or for any other purpose. High and Low Estimates are not a guaranty of price or value, and are not an indicator of the possible re-sale value of any Lot. High Estimates and Low Estimates do not include the Buyer's Premium. 40.) Announcements. Announcements made, or posted, by Auctioneer on the day of, or during, the Auction are binding and take precedence over any prior advertisements or listings. 41.) Bidding by or on Behalf of Seller(s). Seller(s) may not bid directly, or indirectly, on any of their Lot(s). 42.) Conduct of the Auction. Auctioneer will regulate all matters relating to the conduct of the Auction and the decisions of Auctioneer will be final and binding. Auctioneer will have control over bidding, and Auctioneer will resolve any and all disputes. Auctioneer may, in Auctioneer's sole and absolute discretion, reopen the bidding (but will not be required to) if (i) a bid was tendered prior to the fall of the Hammer but went unnoticed by Auctioneer until called to Auctioneer's attention after the Fall of the Hammer or other termination of the bidding, or (ii) a technology disruption, failure, or error, caused a bid that was tendered, or attempted to be tendered, prior to the hammer from being received or recognized, or (iii) some other error or dispute occurs. Any contracts formed with the Fall of the Hammer will be subject to the conditions set forth in this Section. If bidding is reopened, the High Bid recognized by Auctioneer prior to the reopening of the bidding will be held, and may not be retracted, and, if no further bids are received, such bid will be the Winning Bid. 43.) Contract of Sale for Personal Property. No additional or further writing will be required to evidence the existence of a contract of sale for any Lot sold at the Auction regardless of the Hammer Price, and these Bidder Terms and Conditions, together with the records of Auctioneer identifying the Lot, the Hammer Price, and the Buyer, will be conclusive evidence as to the terms of the sale. These Bidder Terms and Conditions will be incorporated into and made a part of each contract between a Buyer and a Seller. 44.) Payment. All Lots must be paid for in-full at or before the pick-up date and time set forth in the specific Auction listing. Payment may be made in cash, by approved check, by credit card, by certified funds, or by wire transfer. Auctioneer may require that the payment of large amounts be made by certified funds or wire transfer. Purchases will be allowed to be picked up by buyer only after payment has cleared. For Debit/Credit Cards payments, an Additional Buyer's Premium will be added four (4%) of the total, and is earned by (and may be retained by) Auctioneer with the Fall of the Hammer. 45.) Title. If YOU are certified as the Winning Bidder on a Lot by Auctioneer, YOU will be contractually obligated to pay the Contract Price for that Lot. However, title and ownership of the Lot will not pass from the Seller to YOU until payment is made and clears. 31. Delivery; Sales Tax. All Lots may be picked up by YOU at the physical location of such Lot(s) at the close of the Auction which will be either (i) at Auctioneer's location in the State of Arizona, or (ii) at such other location inside or outside the state of Arizona as indicated in the specific Auction listing, or (iii) as otherwise designated by Auctioneer. Auctioneer has no obligation to move or relocate any Lot(s) to YOUR location or to a location designated by YOU. YOU may designate, appoint, and empower an agent to accept delivery of YOUR purchases at the point of delivery, and to arrange for shipment of YOUR property to a location designated by YOU. Unless an exemption applies, all purchases are subject to sales tax in the jurisdiction where delivery occurs as set forth in the specific Auction listing and these Bidder Terms and Conditions. Sales tax will be collected at the point of delivery as set forth in the specific Auction listing and these Bidder Terms and Conditions and will be remitted to the applicable taxing authorities. The foregoing notwithstanding, if another jurisdiction or taxing authority (including, without being limited to, the jurisdiction in which YOU reside, conduct business, or maintain the Lot(s) purchased by YOU) requires the collection and remittance of sales tax, use tax, or a similar tax, YOU will be responsible for payment of an amount equal to such tax. If it is determined that sales tax is collected and paid to the wrong taxing authority, YOU and Auctioneer will cooperate in efforts to obtain a refund of such tax and its remittance to the proper taxing authority. 46.) Pick-up and Removal; Shipping; Insurance. YOU are responsible for pick-up and removal of Lot(s) purchased by YOU. Pick-up location and removal dates and times will be as posted on Auctioneer's website or otherwise announced by Auctioneer. Unless otherwise agreed, YOU are solely responsible for the disassembly, rigging, removal, shipping, and transportation of each Lot purchased by YOU. Disassembly and removal must be done in a workmanlike manner, and YOU will indemnify and hold harmless both Auctioneer and Seller(s) against any and all damage caused by YOU or YOUR employees, agents, representatives, or independent contractors in connection with the disassembly or removal of any Lot(s). Any and all damage, including, without being limited to damage to land or buildings, caused by YOU or by YOUR employees, agents, representatives, or independent contractors, will be repaired by YOU, or at YOUR expense, to the satisfaction of Auctioneer and Seller(s). Possession and risk of loss will pass to you at the point of sale. YOU are responsible for insuring all Lots purchased by YOU. Bees Auction shall do our best to protect your consigned or purchased items, but we, Pine Ridge Marketplace, or any affiliates shall not be held responsible or liable in any way for any damages or loss due to transport, movement, or display, including theft, vandalism or any human act, water damage or fire. 47.) Failure to Pick-up or Arrange for the Delivery; Abandoned Property; Storage. Any Lot(s) not removed within one (15) days after the Auction will be deemed abandoned to Auctioneer, even if paid for, and YOU will give up all rights with respect to such Lot(s). Under any circumstances, YOU are responsible for the full Contract Price of all Lots on which YOU are the Winning Bidder. 48.) All Sales Final. ALL SALES ARE FINAL. NO REFUNDS OR RETURNS. 49.) No Credit Card Chargebacks. YOU agree that such YOU will not, under any circumstances, initiate a credit card chargeback with respect to any purchases at the Auction. YOU further agree that if, in violation of these Terms and Conditions, a credit card chargeback is initiated, these Bidder Terms and Conditions will be conclusive evidence of YOUR agreement not to initiate a credit card chargeback; and YOU acknowledge and agree that on the presentation of these Bidder Terms and Conditions to the bank, credit card company, or other financial institution that issued the credit card on which charges were made, such bank, credit card company, or other financial institution will reverse or deny any credit card chargeback, and will re-credit all amounts to or for the account of Auctioneer. If, in violation of these Bidder Terms and Conditions, YOU initiate a credit card chargeback, even if successful, YOU will remain liable for all purchases made at the Auction, and YOU will be responsible for all costs and expenses, including attorneys' fees, incurred by or on behalf of Auctioneer and/or any Seller(s) in challenging the credit card chargeback and in collecting payment. YOUR agreement not to initiate a credit card chargeback is a condition to YOUR Registration as a Bidder, and for the privilege of bidding at the Auction, and is being made as an inducement for Auctioneer to accept YOUR Registration and to permit YOU to bid at the Auction. Auctioneer is relying on YOUR agreement not to initiate a credit card chargeback in accepting YOUR Bidder Registration and in permitting YOU to bid at the Auction. Claims. Unless otherwise provided in writing, after a Lot has been picked-up or removed by YOU or on YOUR behalf, no claims or returns will be allowed and there will be no adjustments or rescissions. 50.) Third-Parties and Subsequent Purchasers. Auctioneer has no relationship with any third-parties or subsequent purchasers of Lot(s), and no third-party or subsequent purchaser may rely on any statements or descriptions made by Auctioneer, nor will Auctioneer have any liability to such persons or entities. YOU agree to indemnify Auctioneer and to hold Auctioneer harmless from and against any and all claims made by third-parties or subsequent purchasers of any Lot(s) purchased by YOU. 51.) Buyer's Remedies; Bidders/Buyers Not Entitled to Incidental or Consequential Damages. To the extent that YOU may be entitled to any remedies in connection with the Auction, the sole and exclusive remedy available to YOU is a return, from Seller, of (i) the Hammer Price actually paid, and (ii) an amount equal to the Buyer's Premium. Under no circumstances will Auctioneer or the Seller be liable for incidental or consequential damages, including, without being limited to lost profits or reduced productivity. YOU, further, acknowledge and agree that YOU are not entitled to specific performance or other equitable relief. 60.) Seller's Remedies. If YOU breach any obligations under these Terms and Conditions or under a contract with a Seller, such property may be re-sold and YOU will be responsible for any and all damages, including any deficiency or reduction in the Contract Price, along with incidental damages. 61.) Private Sale. YOU agree not to enter into a Private Sale transaction with the Seller(s) of any Lot(s) prior to or during the Auction. If YOU enter into a Private Sale transaction with the Seller(s) of any Lot(s) prior to or during the Auction, or within forty five (45) days after the Auction (for any Lot(s) not sold at the Auction), Auctioneer will be entitled to receive an amount equal to its full Commission and Buyer's Premium (calculated as a percentage of the Private Sale Price), together with reimbursable expenses; and YOU and the Seller will be jointly and severally liable to Auctioneer for the payment of such amounts. 62.) Waiver. Certain provisions of these Bidder Terms and Conditions are for the exclusive benefit of Auctioneer and/or Seller(s). Such provisions (including, without being limited to, Bidder registration and qualification requirements, payment terms, removal and delivery terms, and inspection terms) do not create, and will not be deemed to create, any benefits or rights in favor of any other persons, including competing Bidders, and may not be enforced by any other persons. Either globally or on a case by case basis Auctioneer and/or Seller may (but will not be required to) waive any provisions of these Bidder Terms and Conditions that are intended for the benefit of Auctioneer and/or Seller. 63.) Indemnification. YOU agree to indemnify Auctioneer, and to hold Auctioneer harmless, with respect to any damages claimed in connection with the Auction or purchases made at the Auction and with respect to any subsequent sale of Lots. 43. Email List; Agreement to Receive Email. YOU agree to be added to the email list maintained by Auctioneer. Each email Auctioneer sends will have an unsubscribe link at the bottom of the email. YOU agree not to report any email sent by or on behalf of Auctioneer as spam. 64.) Governing Law; Dispute Resolution. These Bidder Terms and Conditions will be governed by and construed in accordance with the laws of Arizona, including its statutes of limitations, but without regard to its rules governing conflict of laws. If a dispute arises, the parties will submit to mediation; and, if a resolution is not reached through mediation, to binding arbitration. For mediation, the mediator will be a neutral party, mutually agreed on by the parties, and located within thirty (30) miles of Prescott, Arizona. If the dispute is not settled within thirty (30) days after submission to mediation, it shall be submitted to binding arbitration with a single neutral arbitrator, mutually agreed on by the parties. Arbitration will be conducted within thirty (30) miles of Prescott, Arizona. The time allotted for arbitration proceedings will be limited to a period of sixty (60) days, commencing on the date that the matter is submitted to arbitration. The decision rendered by the arbitrator will be final and binding on all parties, and will be non-appealable. All expenses incurred in connection with mediation and/or arbitration will be shared equally among all parties. Notwithstanding the foregoing, if the parties are unable to mutually agree to mediation or arbitration at a site within thirty (30) miles of the city of Prescott, Arizona, the parties irrevocably agree to the exclusive jurisdiction of the courts located in the Town of Prescott, Arizona for the resolution of all disputes. If a dispute is submitted to civil litigation (other than mediation or arbitration), all expenses, including the reasonable attorney's fees of the prevailing party, will be fully and promptly paid by the losing party. YOU WAIVE THE RIGHT TO A JURY TRIAL.