LETTER OR CREDIT MAY BE REQUIRED TO BID ONLINE IF YOU ARE PAYING BY PERSONAL OR BUSINESS CHECK!! See template below. TERMS OF SALE: All items sell “AS IS WHERE IS” with no warranty. There shall be no guarantees or warranties, expressed or implied, statutory or otherwise as to the merchantability, or fitness for any particular purpose of any goods offered in this sale. Some items sell subject to lease payoff amount. No minimums or reserves with the exception of a couple of leased items which will sell subject to their confirmation. All items available for sale prior to auction. Assets are subject to additions and deletions. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. The Miedema Auction Company may attempt to describe the merchandise in advertising, on the internet and at the auction but makes no representations. In no event shall the Miedema Auction Company be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. Bidders who bid from off site and are not present at the live auction or preview understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. The Miedema Auction Company shall endeavor to describe in detail each item and any pertinent information about it. The Miedema Auction Company will not be responsible for any errors or omissions in the description of the merchandise. Bidder agrees that everything is sold as is and that they may not return any item they purchase for any reason. Miedema Auction Company is providing internet pre-auction and live bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Miedema Auction Company or anyone else if the internet service fails to work correctly before or during the live auction. Miedema Auction Company will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid before the auction begins. Miedema Auction Company reserves the right to withdraw or re-catalog items in this auction. CREDIT CARDS WILL BE AUTOMATICALLY CHARGED UNLESS CONTACT WITH MIEDEMA AUCTIONEER HAS BEEN MADE FOR ALTERNATIVE PAYMENT ARRANGEMENTS. Complete payment must be made auction day by cash, cashiers check, Visa, Mastercard or Discover. 6% internet buyers premium with a 3% discount for cash. Miedema Auctioneering will fax you an Invoice – please call Aj Peters at 616-261-4985 if you are paying with a credit card. Any bidders with credit cards that are declined on reconciliation day will be charged a $30 processing fee to run another credit card- NO EXCEPTIONS! REMOVAL: A minimum of $200.00 or 25% of the winning bid will be charged to your credit card if items are not removed by the date indicated in the shipping instructions. Miedema Auctioneering Inc frequently deals with international online buyers via our internet auctions. It is our policy to require a $1000.00 deposit in order to bid from another country. This is immediately refundable if you do not purchase any items and will be applied towards your balance if you are a successful purchaser. BANK GUARANTEE FORM DATE: ____________ (BANK LETTERHEAD) Our bank, (bank’s name), irrevocably will guarantee any checks written to MIEDEMA AUCTIONEERING INC. for the purchase of items at the Auction by (you or your company name) from account number (fill in number) up to the total amount of $__________. Sincerely (Bank officer’s name, title and phone)