Internet Premium : 15%Sales Tax : 13% - Sales tax applied to Hammer Price .Sales Tax on Buyer's Premium : 13% - Sales tax applied to existing total, excluding any additional fees.Participation Requirements: Valid Credit Card required for bidding approvalPayment Options: Visa, MasterCard, Discover, American Express, Check, Wire Transfer, and Cash Visa MasterCard Discover American Express Payment Instructions: Invoices must be paid within 5 business days of receipt. Invoices will be emailed to winning bidders within 24 hours after the auction closes.
Once payment is received, Mine Source requires a few business days to process and remit the funds to the vendor. After the vendor confirms receipt of funds, the buyer may begin coordinating equipment pickup. Buyers will then have 10 business days to complete the pickup.
Mine Source Limited HST No. 714859154
Payable by wire transfer (recommended), certified cheque, e-transfer (contact mark@minesource.com for details), credit card, or cash. (see below for full details)
Wire Information - Canadian Account
Royal Bank of Canada, 72 Durham St., Sudbury, ON, Canada, P3E 4N7
Bank # 003 | Transit # 04982 | Account# 1019363 | Swift Code: ROYCCAT2
CONDITIONS OF SALE
Subject to prior sale or withdrawal, in whole or in part, the Seller offers for sale surplus equipment, subject to the following
CONDITIONS OF SALE; 1. Inspection The Purchaser is invited, urged and cautioned to inspect surplus equipment prior to placing an order. Following inspection and acceptance of this agreement, the Purchaser is deemed to have accepted the surplus equipment ''as is - where is''.
2. The Seller emphasizes that any sale is on an ''as is - where is'' basis. All expenses of removal, moving, and shipping shall be to the Purchaser's account unless stated otherwise herein. Sales tax on sold Equipment will be charged based on the applicable rate in the jurisdiction where the Equipment is physically located.
The Mine Source Buyer’s Premium is subject to HST at a rate of 13%, regardless of the tax status of the Equipment itself. The Buyer’s Premium is not eligible for zero-rating, even if the Equipment qualifies for such treatment.
3. The Purchaser shall be responsible for any damage to surrounding property, including buildings, resulting from the removal of surplus equipment and shall pay any claims resulting from such damage.
4. The Purchaser agrees, in the course of removal of surplus equipment, to abide by all related sections of the Occupational Health and Safety Act, requirements for site specific Orientations and Regulations for Mines and Mining Plants, the safety regulations of the Seller and any and all other applicable Acts and Regulations relating to the safety of workers in industry. The Purchaser acknowledges that because it is in charge of the removal of the surplus equipment, he is the ''constructor'' as defined by the Occupational Health and Safety Act.
5. Should removal of the surplus equipment require the presence of the Purchaser, and/or their representative or agents to be involved in dismantling, removal, packaging, loading and/or shipping, the Purchaser, his representatives and/or agents must have adequate insurance coverage meeting the minimum Seller requirements; a copy of which will be provided upon request.
6. Condition; Warranty and Location
As previously indicated, the surplus equipment is offered for sale ''as is - where is''. The descriptions of the surplus equipment for sale are based on the best available information; however, NO WARRANTIES OR REPRESENTATIONS, EXPRESSED OR IMPLIED, WHETHER PROMISSORY OR IMPOSED BY LAW, ARE MADE BY SELLER AS TO THE QUANTITY, KIND, CHARACTER, QUALITY, WEIGHT, SIZE OR DESCRIPTION OF THE SURPLUS EQUIPMENT OR AS TO ITS MERCHANTABILITY OR FITNESS OR ANY USE OR PURPOSE, except that the Seller does warrant validity of title.
7. It is understood that the Purchaser will be responsible for and make payment of any applicable taxes, duties or extra charges applicable to the sale, with payment of the purchase price, unless proof of exemptions are supplied.
8. Release of Liability
The Purchaser hereby indemnifies and holds harmless the Seller, its officers, clients, agents and Employees, from and against any claim or liability whatsoever for loss of, damage to, disposal, removal, resale or loss of any property whether purchased from Seller or owned or controlled by the Purchaser or on account of any personal injury, including death, arising out of or in any manner connected with, the sale, disposal, removal, resale or use of the surplus equipment.
9. All sales are final. Return of the surplus equipment or any part or parts thereof, refunds or credit adjustments or other considerations are not allowed without the express consent of the Seller.
10. The Purchaser does hereby agree that any material, supplies, equipment or service supplied through the good will of the Seller to facilitate the completion of this agreement are used at the sole risk of the Purchaser and the Seller will be held harmless by the Purchaser against any malfunction, misuse or failure of any kind related in any way to such material, supplies, equipment or services.
11. The Purchaser shall be responsible for and make application for all necessary approval and/or permits required by law in connection with the dismantling and removal of the surplus equipment.
12. The Purchaser shall completely execute the removal of the surplus equipment and leave the worksite in a condition acceptable to the Seller. Failure to meet this requirement could result in forfeiture, by the Purchaser, to the Seller, of any equipment left on site and furthermore, any expenses incurred by the Seller to put the site into acceptable condition will be the responsibility of the Purchaser who will be invoiced accordingly.
13. The Seller shall be indemnified and held harmless, by the Purchaser, for any damage, loss or destruction from any cause whatsoever, of or to the surplus equipment while it remains on the Sellers property.
14. In no way whatsoever is the Seller to be considered a bailee of the surplus equipment while it remains on the Sellers property. The Purchaser has 10 business days to remove the equipment unless otherwise stated on this invoice.
15. The Purchaser also agrees that in the course of removal of the surplus equipment and following the completion of its removal that the location of the surplus equipment will be maintained and left in a safe condition, as specified by an authorized agent of the Seller.
16. Terms of Payment: Payment must be made in full within five (5) business days from the closing of the auction. Payment to be made in full by certified cheque or wire transfer before removal of surplus equipment begins. All bidding and transactions are in Canadian dollars (CAD). If a bidder/buyer fails to make full payment within five (5) business days from the closing of an auction, or if Mine Source Inc. wishes to disqualify a buyer/bidder/winner of an auction for any reason it sees fit, Mine Source Inc. may do so at its own discretion.
17. All equipment offered for sale is subject to prior disposition at the Sellers discretion prior finalized sale.
18. If you are a non-Canadian entity and exporting equipment you purchased from Canada, out of Canada, you will be required to initially pay all local applicable sales taxes. Once the item has been exported, you, the buyer, must provide Mine Source Inc. export documentation as proof the equipment has been exported out of Canada. Once the export documentation has been received, if applicable, Mine Source will reimburse the appropriate sales tax portion.
19. It is mutually agreed by the Purchaser and Seller that this contract is to be interpreted in accordance with, and its administration and performance governed by, the laws of the Province of Ontario. The Purchaser agrees to and does hereby attorn to the jurisdictions of the Courts of Ontario.
20. As previously stated, the Buyer has 10 business days to pick up the Equipment. If the Buyer fails to do so within this period, Mine Source and/or the Vendor reserves the right to impose storage fees at their sole discretion. Any such fees will be due and payable in full prior to the release or pickup of the Equipment.
21. Mine Source accepts the following forms of payment:
Wire transfer (recommended)
Certified cheque (Canadian customers only)
Email money transfer (Canadian customers only - contact Mine Source for details)
Credit card (Visa, Master Card, American Express, Discover, up to $12,500 CAD limit, plus approx 3% service charge, contact Mine Source for details)
PayPal (up to $10,000 CAD limit, plus Paypal service charge of approx 3%, contact Mine Source Inc. for details)
Cash (up to $5,000 CAD limit)Currency Type: CADShipping Instructions: Buyer is responsible for all shipping costs and logistics. The winning buyer will be sent pickup instructions and location by email at the conclusion of the auction. Equipment Location: During an auction the Auctioneer usually sells equipment from various locations and/or cities. Please make sure you are aware of the location of each piece of equipment as they may be from different locations and/or cities.
Checkout Date & Times: Equipment can be removed from the sale site ONLY after Auctioneer has received PAYMENT IN FULL. NO EXCEPTIONS. Once paid in full, the Buyer then has ten (10) business days to pickup and remove the item from site. Equipment will be loaded onto the buyers trucks at no additional cost.
Preview Date & Times: Please Contact Mine Source Auctions for more details;
Email: info@minesource.com
Phone: 705.671.2100Checkout Date & Times: See Shipping InstructionsLocation: 633 Lorne St. , Various Locations - See Item Description, ON P3C 5S8, CanadaDriving Directions: Online Auction only with various locations. Please make note of the various locations of each individual piece.
Special Terms
Items labeled:
LM - are sold from Michigan and are subject to a 6% Michigan Sales Tax
AC - are sold from Quebec and are subject to a 5% GST and 9.975% QST Sales Tax
AE - some items are located in Quebec and are subject to a 5% GST and 9.975% QST Sales Tax
AF - In Mesa, Arizona, the sales tax rate is 8.3%. This rate comprises (5.6% State of Arizona Transaction Privilege Tax (TPT), 0.7% Maricopa County excise tax, 2.0% Mesa city TPT)
HB - The sales tax rate is 7.25%. This rate includes (4.85% State of Utah Sales Tax, 1.35% Salt Lake County Sales Tax, 1.05% Special District Tax)
Most remaining items are located in Ontario, Canada and are subject to 13% HST sales tax.
Please make note of each piece of equipment's actual location.
The Buyer's Premium portion is subject to 13% HST.
PLEASE REACH OUT TO THE AUCTION HOUSE WITH QUESTIONS.
All items are sold “AS IS WHERE IS”. The Auctioneer has made every effort to catalog and correctly describe the property being sold, however, all lots should be examined by the bidder prior to bidding. Bidder is bidding based on his/her own expertise and inspection of all lots. The Auctioneer undertakes no liability whatsoever in respect of any faults, deficiencies and errors of any description, oral or printed, nor do they accept responsibility for the authenticity, genuineness, origin, age, condition or quality of any lot(s) and all statements as to these matters whether contained in the catalog or made orally are statements of opinion only and not to be taken as being or implying a statement or representation of fact. There are no guarantees or warranties, expressed or implied, as to the merchantability or fitness for any particular purpose or use. The Auction Company reserves the right to make verbal corrections and provide additional information from the auction block at the time of sale. ALL SALES ARE FINAL.
The highest bidder for each Lot shall be the Purchaser, and in the event of any dispute, the Auctioneers shall have absolute discretion either to settle such dispute or to re-offer the lot for re-sale. Under no circumstances shall the Auctioneer be responsible for missed bids due to internet failure or any other technical difficulty. The Auctioneer shall not be responsible for any loss or damage to any lot. The Auctioneer reserves the right to refuse any Bidder the privilege of bidding or attending the auction and may revoke such privilege at any time. All Lots will be sold to the highest bidder conforming to the bid process, provided that the Auctioneer reserves the right to sell articles by individual, grouped lots and “in bulk”, as the Auctioneer deems appropriate. Should any dispute arise between two or more bidders or as to any bid, the lot in question may, at the Auctioneer’s discretion, be immediately put up again and resold. The Auctioneer shall regulate all matters relating to the conduct of the auction and the Auctioneer’s
decision shall be final and binding on all bidders. The Auctioneer reserves the right to sell subject to reserve and to bid for its own account and for the account of others, whether by verbal or written proxy, and may sell or remove articles without notice before the auction and shall have no further liability to any person whosoever, including without limitation, any damages for loss of profits. Title to the articles purchased shall not pass until payment in full is received by the Auctioneer.
No Buyer may assign, transfer or dispose of their rights in any article purchased before they have paid the purchase price in full. Notwithstanding, these terms and conditions shall continue to be in effect and automatically transferred to any assignee or transferee. Where available, documents of transfer, including motor vehicle ownership documents, which are in possession of the Auctioneer, will be provided to the Buyer following the auction or as soon thereafter as such documents become available. The Auctioneer assumes no responsibility or any liability once title passes, which occurs at the time of payment in full. Purchasers are advised to prearrange for insurance coverage of their purchase(s). Without limiting the generality of the foregoing, the Auctioneer shall not be liable for any insurable risk, including but not limited to fire or theft (an “insurable risk”).
As per Canada's anti-SPAM laws (CASL), by accepting these terms and conditions you agree to receive periodic email from Mine Source Auctions for marketing purposes only. Mine Source Auctions does not collect email for the purpose of re-sale, re-distribution or any other activity other than to communicate with its valued clients.
Further Terms and Conditions can be viewed at http://minesource.com/terms
The Buyer acknowledges he/she has read and agrees to be bound by the additional terms and conditions set forth.
