Lot # : 120 - 2011 Komatsu FG25T-16 5,000lb Forklift

Terms and Conditions All equipment is sold as is, where is, on location unless otherwise stated. Equipment descriptions are intended as a guide. We recommend buyer to inspect the equipment to verify specifications and condition. YOU ARE ENTERING INTO A BINDING CONTRACT. THERE ARE NO REFUNDS OR BID CANCELLATIONS. THE REGISTERED BIDDER IS PERSONALLY BOTH LEGALLY AND FINANCIALLY RESPONSIBLE FOR ALL AUCTION ITEMS BID UPON WHETHER REPRESENTING ONE'S SELF OR ACTING AS AN AGENT. AN ONLINE BID ACCEPTED AT PUBLIC AUCTION IS A LEGAL AND BINDING CONTRACT TO PURCHASE. ANY BIDDER WHO FAILS TO FOLLOW THROUGH WITH A PURCHASE WILL BE BANNED FROM BIDDING AT ALL FUTURE SELLER AUCTION EVENTS AND MAY BE PURSUED FOR CIVIL AND/OR CRIMINAL VIOLATIONS. CONDITIONS: There are no warranties which extend beyond the description in quotation. Quotation is subject to change without notice. All specs and information are subject to buyers inspection. Propane bottles are not included with the sale of any propane machines. Inspection: Machines located in Lester, PA are open for inspection Monday and Tuesday prior to the auction by appointment only. We are located next to the Philadelphia Airport. Please call us to set up an appointment for inspection 484-494-6846. You are responsible for inspecting items before bidding. Loading: Most machinery will be loaded for FREE on open trailer with no sides. Our onsite rigging team can load into overseas containers, flat rack, shrink wrap, or build custom skids for overseas shipping for an additional fees. Please call Equip Trucking & Warehousing, LLC for a quote at 610-521-8527. Setup of shipping is required by the buyer. All items must be removed within 14 days of the close of the auction. We can store machinery for longer but storages fees will apply. If storage fees are not paid one week after being invoiced, items will be considered abandoned. Bidding Registration: Credit Card Required for Registration Credit/Debit Card Deposits: This auction requires a refundable credit or debit card deposit at the discretion of the auctioneer. Your credit/debit card added through the fully secure and PCI compliant registration process may be assessed a $100.00 deposit in order to be approved to bid within the auction. You may not be approved without your credit card entered at the stage of registration being assessed a refundable deposit of $100.00. A 16% Buyers Premium will be charged to all buyers after bidding closes. All accounts must be paid in full by wire transfer, certified funds or up to $1,000 cash. An invoice will follow at the conclusion of the event. All titled items will be assessed an additional $40 title fee on the invoice. Please be aware that any item with a title may have a title delay. We will not release titled items unless transporter has a tag. PAYMENT & REMOVAL: WINNING BIDDERS HAVE UP TO 7 DAYS TO MAKE FULL PAYMENT & 14 DAYS TO REMOVE ALL ITEMS PURCHASED. IF WINNING BIDDERS NEED MORE TIME TO REMOVE ITEMS, PLEASE CONTACT BID EQUIP LLC AND MAKE ARRANGEMENTS. Please note that any invoices that are not paid within 7 days of the auction will have their credit card charged for items. You may NOT dispute these charges with your credit card company as you are agreeing to these terms when signing up for our auction. Buyer is responsible to bring all machinery to O.S.H.A. standards EQUIPMENT SAFETY for all items purchased from Bid Equip: It is buyers responsibility to provide proper safety devices and equipment to safeguard persons from harm resulting from any particular use, operation or set-up and to adequately safeguard the equipment to conform to all Federal, State and Local Government safety standards and all industrial standards. INDEMNIFICATION: Buyer agrees to indemnify and hold harmless seller and salespersons from any and all claims or liabilities caused by or arising from the equipment on this quotation. Buyer is responsible for all freight communication and cost. Bid Equip LLC is not liable of any damaged items that took place during transport from Bid Equip LLC headquarters to the buyer’s location. Payment Terms and Conditions: Sales Tax: 6% sales tax will be charged to each auction winners bill unless a PA Tax Exempt Form is provided upon payment. Method of Payment for Domestic buyers: Wire transfer, certified check or cash under $1,000. No purchases will released without payment as described above. All sales are final. Any outstanding balance must be paid within seven (7) days of the completion of auction. In the event the purchaser fails to pay the whole of the purchase within the time set forth by the auctioneers and/or fails to comply with any of the conditions or terms of sale, the seller may retain and/or recover the deposit specified as liquidated damages and, in addition thereto, items that are not paid for can be resold at public or private sale without further notice. Any deficiency resulting from such resale shall be paid to the auctioneers by the defaulting purchaser together with all charges, fees, and expenses incurred by such resale and enforcement of the obligation hereunder. Chargebacks: As a condition to registration and bidding, buyer agrees that buyer will not, under any circumstance, initiate a chargeback to buyer's credit card. Buyer further agrees that buyer is waiving any chargeback rights that may exist under the agreement between buyer and buyer's credit card company. Should a chargeback be initiated by buyer, these terms and conditions will be conclusive evidence of buyer's waiver of any chargeback rights. The bidder becomes solely responsible for all items purchased by him immediately following his winning bid at the auction. Therefore, he is advised to further guard and insure his items at his own discretion. Bid Equip LLC reserves the right to refuse sale of any lot at our own discretion. If equipment is not removed within specified removal time, purchaser shall be liable for any moving and storage costs incurred and, if not so removed, the items shall be deemed abandoned. All items must be removed within 14 days of the auction. Storage fees will begin to accrue 14 days after the end of the auction. All bids subject to seller's confirmation. PLEASE READ: Though we provide loading assistance, all customers and/or their drivers are responsible for assuring all items are loaded. Bid Equip LLC is not responsible if any items are not loaded or left behind. Customers and/or drivers are responsible for signing a bill of lading upon pick up. PLEASE READ: This auction company has requested and been granted access to see all bids placed including any maximum pre-bids. This auction is permitted to engage in this activity by providing this clear disclosure to you, the bidder. PLEASE READ: At the request of the auction company, this auction permits bids to be placed by the auctioneer, an employee of the auctioneer, or the seller or an agent on the seller's behalf. While the Unified User Agreement prohibits this behavior, in accordance with UCC 2-328, this auction is permitted to engage in this activity by providing this clear disclosure to you, the bidder. Lots are subject to cancellation and withdrawal from the auction without prior notice. Bid Equip reserves the right to add and remove any items at any time prior to the actual auction. ALL SALE ARE FINAL.