Ingersoll Rand Air Compressor

Terms of Sale Thank you for attending today’s auction! All items sell strictly AS-IS and WHERE IS. Details and descriptions are provided to the best of our knowledge. No warranty or guarantee is expressed or implied. Please inspect all items to your satisfaction prior to bidding, as there will be no refunds, exchanges, or adjustments after the item is called sold. All buyers are responsible for their items from the moment that it is called sold. Please do not remove your purchases until the conclusion of auction and once payment has been made in full. All property is sold 'as-is' and it is the bidder’s responsibility to determine the exact condition of each item. Printed statements or descriptions by staff are provided in good faith and are matters of opinion. Registration: Anyone wishing to bid on items in the auction should register and obtain a bidder card. Anyone bidding for an account other than their own must register as such. Auctioneer reserves the right to reject anyone who is not a registered bidder. A valid driver’s license is required to register. Buyers Premium: The Ligon Company charges all buyers 10% on all items. There is an additional 2% Internet Purchase Fee charged on all online purchases. Applicable State of NC Sales Tax will be charged on all Lots. Bidders exempt from Sales Tax must provide proof an approved tax exemption status form and exception certificates that are acceptable to the State of NC prior to the close of the Auction. Payment: Payment in full must be made by Thursday, May 19th, 2022, in the form of Credit Card ($5,000 Maximum charge to credit card), Wire Transfer, Cashiers Check or a Company Check accompanied with a bank letter of guarantee. Failure to arrange payment by this date means you are subject to being placed on our Delinquent Bidder List that is displayed on our Home Page. NO ITEMS leave until payment is made in full. All titled items will have a $10 service fee added to total purchase Unpaid Balances: The purchaser agrees to pay all reasonable attorney fees and costs incurred by the auction company in the collection of funds. The purchaser also agrees that a fee of 15% per month be added to the balance of any unpaid balance due the auction company and any other costs or losses incurred by the purchaser’s failure to adhere to these terms. Any debt collection or dispute proceedings will be heard in Mecklenburg County, NC. Removal: All purchases must be removed from the premises by Thursday, May 19th, 2022, during specified times. The designated pick up times will be posted under “Dates” on our website. If you are unable to pick up during this time, please make arrangements at least 1 week prior to the auction. Unless prior arrangements have been made, you will be charged a $50 fee to schedule an alternate pick up time. It is the buyer’s responsibility to provide adequate equipment and manpower to remove his or her items. If assistance is required, a fee may be incurred payable to The Ligon Company. Items that have not been picked up within 5 Business Days following Auction will be considered abandoned, and no refunds will be given. No items may be removed until payment has been made in full. Alternate Pick Up: Wed. 5/18 & Thurs. 5/19. 10AM – 4PM only. Titles to titled vehicles and equipment will be mailed to the winning bidder to the address on their bidder registration form. NO titles will be given to winning bidder on Auction day. All titled items will have a $10 service fee added to total purchase. The Auctioneer and Proxibid.com 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. Bidders are to be held personally liable for any bids made with their Bidding Number. 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. The Auctioneer may refuse to accept any bid that, in the auctioneer’s opinion, is not in the best interests of the seller. It is an offence against the Property, Stock and Business Agents Act 2002 for a person to do any of the following as a result of a collusive practice, or to induce or attempt to induce another person by a collusive practice to do any of the following: to abstain from bidding or to bid to a limited extent only or to do any other act or thing that might prevent free and open competition. Severe penalties may be imposed on persons convicted of collusive practices. Anyone thought to be in violation will be escorted from the premises. The Auctioneer and Proxibid.com has described the Lot(s) in the catalog 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 and Proxibid.com undertake 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 catalog or made orally are statements of opinion only and not to be taken as being or implying a statement or representation of fact. The Buyer agrees to insure the Equipment purchased against all losses from the Auction Date until removal of the Equipment by the Buyer. Buyer holds Auctioneer harmless and not responsible for his purchased Equipment after it is pronounced sold to the Buyer. Each and every Lot is sold as seen. The Auctioneer and Proxibid.com provides no guarantees or warranties (express or implied) in respect of the Equipment contained in the Lot. All representations made by the Auctioneer and Proxibid.com, its servants or agents are to be considered lay opinions only and the Auctioneer and Proxibid.com accepts no liability for any purchase made by a Buyer in reliance upon them. The Buyer acknowledges he/she has read and agrees to be bound by the additional terms and conditions set forth. Please sign below to buyer representations: • I have read and agree to the Terms and Conditions of Auction Sale as set forth herein. • I understand that I do not have an agency relationship with The Ligon Company auctioneers, firm and all parties employed by or associated with. • I understand that all items will be sold “As-Is, Where-Is”. • I understand that, in the event I am the successful bidder, Ligon Company charges all buyers a 10% Buyer’s Premium that will be added to the high bid and payable immediately as the Total Purchase Price. There is an additional 2% Internet Purchase Fee charged on all online purchases.