PLEASE READ AND REVIEW THESE TERMS PRIOR TO BIDDING
BY BIDDING ON THIS AUCTION, BUYER AGREES TO ALL TERMS AND CONDITIONS SET FORTH AND ENTERS INTO A CONTRACTUAL AGREEMENT TO PURCHASE THE ITEM(S) UNDER THE FOLLOWING TERMS AND CONDITIONS:
CATALOG: M & M ENTERPRISES has placed every effort in preparing the catalog for this auction to provide accurate descriptions of all items. All lots are sold AS-IS, WHERE-IS, with all faults, imperfections and errors of description. Due diligence is the responsibility of the bidder/buyer. Printed statements or descriptions by staff are provided in good faith and are matters of opinion.
PAYMENTS: All sales are final. No credit card charge backs will be allowed. All accounts must be settled within 5 Business Days from the close of the Auction. We accept Wire Transfers, Cashier’s Check, American Express, Visa, MasterCard & PayPal. Payment must be completed before any equipment can be removed.
DEFAULT OF BUYER: Successful bidder not paying for items within 5 days of the date of the auction will be considered in default. Such default by the Successful Bidder will result in that Bidders liability to both the Seller and M & M ENTERPRISES. Seller shall have the right to (a) declare this contractual agreement cancelled and recover full damage for its breach, (b) to elect to affirm this contractual agreement and enforce its specific performance or (c) Seller can resell the items either publicly or privately with M & M ENTERPRISESand in such an event, the Buyer shall be liable for payment of any deficiency realized from the second sale plus all costs, including, but not limited to the holding/transporting/storage costs of the items, the expenses of both sales, legal and incidental damages of both the Seller and M & M ENTERPRISES. In addition, M & M ENTERPRISES also reserves the right to recover any damages separately from the breach of the Buyer. The purchaser agrees to pay all reasonable attorney fees and costs incurred by M & M ENTERPRISES in the collection of funds. The purchaser also agrees that a storage/handling fee of 2% per month be added to the balance of any unpaid balance due M & M ENTERPRISES and any other costs or losses incurred by the Buyers failure to adhere to these terms. Any debt collection or dispute proceedings will be litigated or arbitrated in MESA COUNTY, COLORADO at the option of both the Seller and M & M ENTERPRISES. Both the Successful Bidder and Seller shall indemnify M & M ENTERPRISES for and hold harmless from any costs, losses, liabilities, or expenses, including attorney fees resulting from M & M ENTERPRISES being named as a party to any legal action resulting from either Bidders or Sellers failure to fulfill any obligations and undertakings as set forth in this contractual agreement.