1) Applicable Buyer's Premium: 3% for items/lots over $1,000 12% for items/lots under $1000 2)Applicable State of AR Sales Tax will be charged on all Lots. Bidders from outside the State of AR will be exempt from Sales Tax if they provide proof an approved tax exemption status form and exception certificates that are acceptable to the State of AR. 3)Payment in full must be made by February 5, 2010 in the form Cash, Wire Transfer, Cashiers Check or a Company Check accompanied with a bank letter of guarantee. 4)Removal of Equipment: Remove all items as soon as possible. All equipment must be removed within two weeks of the auction. 5)Bidders are to be held personally liable for any bids made with their Bidding Number. 6)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. 7)The Auctioneer accepts no liability for loss or damage howsoever arising (including but not limited to costs of attendance of Bidders at the Auction) from any Lots not presented for sale. 8)The Auctioneer has described the Lot(s) in the catalogue to the best of their ability and belief from information furnished by the Vendor(s) who shall be alone responsible for any error or miss-statement, which there may be. The Auctioneer undertakes no liability whatever 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 catalogue or made orally are statements of opinion only and not to be taken as being or implying a statement or representation of fact 9)All items are sold AS IS, WHERE IS, with all faults. The Auctioneer provides no guarantees or warranties (express or implied) in respect of the Equipment contained in the Lot. All representations made by the Auctioneer its servants or agents are to be considered lay opinions only and the Auctioneer accepts no liability for any purchase made by a Buyer in reliance upon them. 10)The Buyer agrees to insure the Equipment purchased against all losses from the Auction Date until removal of the Equipment by the Buyer. 11)The Buyer acknowledges he/she has read and agrees to be bound by the additional terms and conditions set forth. DO NOT BID ONLINE unless you understand the terms, your responsibilities and your risks of not attending the auction. We accept personal and company checks only with a guaranteed letter of credit from your bank. Please fax that letter to 501-664-4538 and present the original when registering at the auction. We accept cash. We do not accept credit cards. If you are using a finance/leasing company to pay, contact us prior to the auction and inform us of the payment policy. If you would like to wire transfer funds, please call for pre approval. Applicable Arkansas Sales Tax Laws apply. You will be charged the tax unless you can provide us with a copy of a resale exemption form. Exporters must pay the tax on sale day, provide us with the proper paperwork within 30 days and we’ll refund those taxes. If you do not bank in the U.S. and/or cannot provide a sufficient letter of credit you will need prior Blackmon Approval to bid or a $10,000 minimum deposit or 25% deposit of expected purchases (whichever is greater). Please contact us prior to the auction to discuss your arrangements. Consignment Sale Warning: Although every effort has been made to ensure that every piece of equipment in this brochure is available on sale day, due to unforeseen circumstances, a piece may not be available on sale day. If you are coming for one particular item call Billy Hartnedy at 501.352.4703 a couple of days before the auction to verify arrival. For More Information: If I haven’t answered your question on this page, please Call Billy Hartnedy with Blackmon Auctions at 501-352-4703 and leave a detailed message if I don’t answer (I may be already assisting someone). Or email to: billy@blackmonauctions.com.