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Online Auction

Mill Direct, Inc.

Online Sale Starts Closing At:

Wed, January 31st 2018 2:00 P.M.

Location:

2110 Highway 12, Benson, MN, 55305

Inspection:

Tuesday, January 30th from 8:00 A.M. to 4:00 P.M.

1 SLAT WALL BOARDS, DISPLAYS AND HANGERS ALONG WALL
2 (5) SHOPPING CARTS
3 (2) SECTIONS ROLLER CONVEYORS WITH LEGS
4 (6) 2-WHEEL HAND CARTS
5 (3) ASSORTED STEP LADDERS
6 (2) PEDESTAL SHOP FANS
7 BANDING OUTFIT WITH TOOLS
8 SHOP VAC WITH OFFICE FANS AND HEATERS
9 (13) SWIVEL OFFICE CHAIRS
10 (2) SHELVING UNITS, (2) DESKS AND (1) 2-DRAWER FILE CABINET
11 (5) PORTABLE CLOTHING RACKS
12 (2) PORTABLE SHELVING UNITS
13 (7) 4-WHEEL CLOTH CARTS WITH REFLECTIVE VEST MATERIAL CONTENTS
14 (7) 4-WHEEL CLOTH CARTS WITH REFLECTIVE VEST MATERIAL CONTENTS
15 (5) SHAMROCK MEESE 4-WHEEL CLOTH CARTS
16 (5) SHAMROCK MEESE 4-WHEEL CLOTH CARTS
17 (5) SHAMROCK MEESE 4-WHEEL CLOTH CARTS
18 (5) SHAMROCK MEESE 4-WHEEL CLOTH CARTS
19 (5) SHAMROCK MEESE 4-WHEEL CLOTH CARTS
20 (5) SHAMROCK MEESE 4-WHEEL CLOTH CARTS
21 (9) ASSORTED 4-WHEEL CLOTH CARTS
22 LIFT CART
23 BT HYDRAULIC PALLET JACK
24 (10) CUSTOM FABRICATED PALLET MOUNTED RACKS
25 GERBERCUTTER MODEL S-93 AUTOMATED CUTTING MACHINE, S/N 01826
26 80′ L X 7′ W PNEUMATIC LIFT TABLE (DISASSEMBLED)
27 GERBERCUTTER MODEL S-93 AUTOMATED CUTTING MACHINE, S/N 01574
28 84′ L X 7′ W PNEUMATIC LIFT TABLE
29 BRISTLE PADS FOR GERBER MODEL S93
30 (3) TRAVELING HEADS FOR GERBER MODEL S93
31 BARUDAN UNITECH MODEL BEHJ-UP-12 12-HEAD EMBROIDERY MACHINE, S/N 7704; WITH BARUDAN UNITECH MODEL BEAU-11 CONTROL
32 BARUDAN MODEL BERX-UP-12 12-HEAD EMBROIDERYMACHINE, S/N 10960; WITH BARUDAN MODEL BEAT-BMC CONTROL
33 BARUDAN MODEL 106UF 6-HEAD EMBROIDERY MACHINE, S/N 5B-1093; WITH BARUDAN MODEL BEAT CONTROL
34 JUKI MODEL LH-515 DOUBLE NEEDLE SEWING MACHINE, S/N  D515-08078
35 SINGER MODEL 591 SINGLE NEEDLE LOCK STITCH INDUSTRIAL SEWING MACHINE, S/N U841910143
36 SINGER MODEL 591 SINGLE NEEDLE LOCK STITCH INDUSTRIAL SEWING MACHINE, S/N U823410084
37 SINGER MODEL 591 SINGLE NEEDLE LOCK STITCH INDUSTRIAL SEWING MACHINE, S/N U842610107
38 SINGER MODEL 591 SINGLE NEEDLE LOCK STITCH INDUSTRIAL SEWING MACHINE, S/N U812010010
39 SINGER INDUSTRIAL SEWING MACHINE, S/N PC10142
40 SINGER CENTURION SEWING MACHINE, S/N 121C300BA
41 SINGER MODEL M212W140 DOUBLE NEEDLE SEWING MACHINE, S/N W1464294
42 SINGER MODEL 591 SINGLE NEEDLE LOCK STITCH INDUSTRIAL SEWING MACHINE, S/N U831710068
43 UNION SPECIAL INDUSTRIAL SEWING MACHINE, S/N 51-300-BG
44 SINGER MODEL 591 SINGLE NEEDLE LOCK STITCH INDUSTRIAL SEWING MACHINE, S/N U833110260
45 SINGER INDUSTRIAL SEWING MACHINE, S/N 17560
46 SINGER MODEL 300W203 INDUSTRIAL SEWING MACHINE, S/N AN212712
47 SINGER MODEL 212-6-440-01 INDUSTRIAL SEWING MACHINE, S/N PE03420
48 SINGER MODEL 591 SINGLE NEEDLE LOCK STITCH INDUSTRIAL SEWING MACHINE, S/N U823110184
49 BROTHER MODEL MB2-B791-005 INDUSTRIAL SEWING MACHINE
50 BROTHER MODEL LT2-B872-905 INDUSTRIAL SEWING MACHINE
51 JUKI MODEL LH-515 INDUSTRIAL SEWING MACHINE, S/N D-515-03113
52 JUKI MODEL MB-372 INDUSTRIAL SEWING MACHINE, S/N 372-M58606
53 JUKI MODEL LH-515 INDUSTRIAL SEWING MACHINE, S/N C-515-06499
54 KANSAI SPECIAL MODEL WX-8803D TOP & BOTTOM INDUSTRIAL COVERSTITCH SEWING MACHINE, S/N KS222103
55 NO IDENTIFYING NAME INDUSTRIAL SEWING MACHINE
56 KANSAI SPECIAL MODEL MX-1103A/UTC COVERSTITCH INDUSTRIAL SEWING MACHINE, S/N KS265897
57 KANSAI SPECIAL MODEL WX-8803D TOP & BOTTOM INDUSTRIAL COVERSTITCH SEWING MACHINE, S/N KS722573
58 KANSAI SPECIAL MODEL WX-8803D TOP & BOTTOM INDUSTRIAL COVERSTITCH SEWING MACHINE, S/N KS200661
59 BROTHER MODEL MA4-B551 5-THREAD INDUSTRIAL SEWING MACHINE, S/N P551402
60 UNION SPECIAL MARK IV MODEL U-39500-RD INDUSTRIAL SEWING MACHINE
61 REECE INDUSTRIAL SEWING MACHINE
62 SINGER MODEL 112W140 INDUSTRIAL SEWING MACHINE, S/N W1003361
63 KANSAI SPECIAL MODEL WX-8803D TOP & BOTTOM INDUSTRIAL COVERSTITCH SEWING MACHINE, S/N KS193287
64 NATMAR THERMOSET II HEAT SEAL MACHINE
65 WEB CUTTER
66 STIMPSON MODEL 489 GROMMET PRESS
67 FISCHBEIN MODEL EH SEWING HEAD, S/N 26782
68 HOFFEE MODEL 6V-3-60 AIR CUTTER
69 RIMOLDI INDUSTRIAL SEWING MACHINE
70 BROTHER MODEL MA4-B551 5-THREAD INDUSTRIAL SEWING MACHINE, S/N P551402
71 JUKI MODEL MOG-2516N INDUSTRIAL SEWING MACHINE, S/N FF6-600
72 WILCOX & GIBBS MODEL 515-E32-430 5-SPOOL OVERLOCK INDUSTRIAL SEWING MACHINE, S/N 233-5-5
73 SINGER MODEL 300W203 INDUSTRIAL SEWING MACHINE, S/N AN318-521
74 MITSUBISHI MODEL PLK-0604 PROGRAMMABLE SEWING MACHINE, S/N 430988
75 MITSUBISHI MODEL PLK-03BTA PROGRAMMABLE SEWING MACHINE, S/N 620060
76 MITSUBISHI MODEL PLK-03BTA PROGRAMMABLE SEWING MACHINE, S/N 690678
77 MITSUBISHI MODEL LU2-430 INDUSTRIAL SEWING MACHINE, S/N B11-314551
78 JUKI MODEL LBH-783 SINGLE NEEDLE LOCKSTITCH BUTTONHOLE SEWING MACHINE, S/N LB-17C62783
79 MITSUBISHI MODEL PLK-03BTA PROGRAMMABLE SEWING MACHINE, S/N 173311
80 JUKI MODEL LK-880 INDUSTRIAL SEWING MACHINE, S/N 980-H21073
81 SINGER MODEL 121C300B INDUSTRIAL SEWING MACHINE
82 SINGER MODEL 300W200 INDUSTRIAL SEWING MACHINE
83 UNION SPECIAL INDUSTRIAL SEWING MACHINE, S/N 618000
84 JUKI MODEL LBH-782 BUTTONHOLE SEWING MACHINE, S/N LBHYK59927
85 JUKI MODEL LBH-783 SINGLE NEEDLE LOCKSTITCH BUTTONHOLE SEWING MACHINE
86 SINGER MODEL 300W203 INDUSTRIAL SEWING MACHINE, S/N AN212-919
87 BROTHER INDUSTRIAL SEWING MACHINE
88 MITSUBISHI MODEL PLK-03BTA PROGRAMMABLE SEWING MACHINE, S/N 0Y3142
89 MITSUBISHI MODEL PLK-0303 INDUSTRIAL SEWING MACHINE, S/N 460331
90 BROTHER MODEL LK3-B439 LABEL TACKER, S/N D5521524
91 DALE FOOT OPERATED INDUSTRIAL PUNCH
92 FOOT OPERATED INDUSTRIAL PUNCH
93 FOOT OPERATED INDUSTRIAL PUNCH
94 STIMPSON MODEL 489 GROMMET PRESS
95 UNIVERSAL HOT KNOTCHER WITH KLOTH MARKER
96 CONSEW GUILLOTINE WEB CUTTER
97 BROTHER MODEL LK3-B431-3 INDUSTRIAL SEWING MACHINE, S/N 915943111
98 MERROW MODEL M-30 SHELL STITCH SEWING MACHINE, S/N 1B0640
99 UNION SPECIAL INDUSTRIAL SEWING MACHINE, S/N 51300-33
100 KANSAI SPECIAL MODEL WX-8803D TOP & BOTTOM INDUSTRIAL COVERSTITCH SEWING MACHINE, S/N KS200654
101 JUKI MODEL MB-373 BUTTON SEWING MACHINE, S/N MB0YG36105
102 KANSAI SPECIAL MODEL WX-8803D TOP & BOTTOM INDUSTRIAL COVERSTITCH SEWING MACHINE, S/N KS193282
103 MERROW MODEL 18-E CROCHET SEWING MACHINE, S/N 260918
104 JUKI MODEL DLN-5410N-7 SINGLE NEEDLE LOCKSTITCH NEEDLE FEED SEWING MACHINE, S/N DLNXG23719
105 JUKI MODEL DLN-5410N-7 SINGLE NEEDLE LOCKSTITCH NEEDLE FEED SEWING MACHINE, S/N DLNXG23724
106 JUKI MODEL DLN-5410N-7 SINGLE NEEDLE LOCKSTITCH NEEDLE FEED SEWING MACHINE, S/N DLNXG23704
107 JUKI MODEL DLN-5410-6 SINGLE NEEDLE SEWING MACHINE, S/N DLNVK13423
108 JUKI MODEL DLN-5410-6 SINGLE NEEDLE SEWING MACHINE, S/N DLNVK13416
109 BROTHER INDUSTRIAL SEWING MACHINE
110 BROTHER MODEL MA4-B551 5-THREAD INDUSTRIAL SEWING MACHINE, S/N A55TE710
111 BROTHER MODEL MA4-B551 5-THREAD INDUSTRIAL SEWING MACHINE, S/N K458C328
112 BROTHER MODEL MA4-B551 5-THREAD INDUSTRIAL SEWING MACHINE, S/N D5521906
113 BROTHER MODEL MA4-B551 5-THREAD INDUSTRIAL SEWING MACHINE, S/N D5521926
114 JUKI MODEL DLN-5410N-7 SINGLE NEEDLE LOCKSTITCH NEEDLE FEED SEWING MACHINE, S/N DLNXG23890
115 JUKI MODEL DLN-5410-6 SINGLE NEEDLE SEWING MACHINE, S/N DLNWB15220
116 JUKI MODEL DLN-5410-6 SINGLE NEEDLE SEWING MACHINE, S/N DLNG16412
117 BROTHER MODEL MA4-B551 5-THREAD INDUSTRIAL SEWING MACHINE, S/N M4567469
118 SINGER MODEL 212G140 TWIN NEEDLE INDUSTRIAL SEWING MACHINE, S/N PE01749
119 BROTHER MODEL MA4-B551 5-THREAD INDUSTRIAL SEWING MACHINE, S/N 05521966
120 JUKI MODEL DLN-5410-6 SINGLE NEEDLE SEWING MACHINE, S/N S05608
121 JUKI MODEL DLN-5410N-7 SINGLE NEEDLE LOCKSTITCH NEEDLE FEED SEWING MACHINE, S/N DLNXM25889
122 JUKI MODEL DLN-5410-6 SINGLE NEEDLE SEWING MACHINE, S/N S05878
123 JUKI MODEL DLN-5410-6 SINGLE NEEDLE SEWING MACHINE, S/N DLNUM08530
124 JUKI MODEL DLN-5410-6 SINGLE NEEDLE SEWING MACHINE, S/N DLNWG16467
125 COTE BROTHERS INDUSTRIAL SEWING MACHINE
126 SINGER MODEL 212G140 TWIN NEEDLE INDUSTRIAL SEWING MACHINE, S/N PC73606
127 BROTHER MODEL MA4-B551 5-THREAD INDUSTRIAL SEWING MACHINE, S/N A5576722
128 BROTHER MODEL MA4-B551 5-THREAD INDUSTRIAL SEWING MACHINE, S/N D5521921
129 BROTHER MODEL MA4-B551 5-THREAD INDUSTRIAL SEWING MACHINE, S/N D5521900
130 BROTHER MODEL MA4-B551 5-THREAD INDUSTRIAL SEWING MACHINE, S/N E0535618
131 BROTHER MODEL MA4-B551 5-THREAD INDUSTRIAL SEWING MACHINE, S/N 055521988
132 SINGER MODEL 251-2 INDUSTRIAL SEWING MACHINE, S/N AM649720
133 BROTHER MODEL MA4-B551 5-THREAD INDUSTRIAL SEWING MACHINE, S/N G8511498
134 SINGER MODEL 211G166 WALKING FOOT VERTICAL BOBBIN REVERSE INDUSTRIAL SEWING MACHINE, S/N PE60686
135 SINGER MODEL 211G165 WALKING FOOT VERTICAL BOBBIN INDUSTRIAL SEWING MACHINE, S/N PE38812
136 EASTMAN MODEL CD INDUSTRIAL CLOTH DRILL MARKER, S/N 8792
137 EASTMAN MODEL CD3 INDUSTRIAL CLOTH DRILL MARKER, S/N 2-FA162
138 MAIMIN MODEL 55 FABRIC CUTTING MACHINE, S/N 56250
139 WOLF BLAZER SERIES II FABRIC CUTTING MACHINE, S/N B-62906
140 WOLF BLAZER SERIES II FABRIC CUTTING MACHINE, S/N B-62907
141 WOLF MODEL KX-5144 INDUSTRIAL CLOTH DRILL MARKER
142 WOLF PACER SERIES VI FABRIC CUTTING MACHINE, S/N P12731
143 WOLF PACER FABRIC CUTTING MACHINE, S/N 26301
144 EASTMAN BLUE STREAK FABRIC CUTTING MACHINE, S/N B319
145 EASTMAN BLUE STREAK FABRIC CUTTING MACHINE
146 WOLF PACER 6 MODEL F3708 FABRIC CUTTING MACHINE, S/N 26223
147 OSCAR I JUDELSHON MODEL 360 WINDING & SLITTING MACHINE, S/N 3044
148 USM MODEL B HYTRONIC CUTTING MACHINE, S/N 4633
149 CORRUGATED CARDBOARD ON (2) PALLETS
150 ASSORTED 4-WHEEL WORK CARTS IN (5) ROWS
151 (16) WOOD STANDS
152 (18) SHAMROCK MEESE CLOTH STANDS
153 (13) SHAMROCK MEESE CLOTH STANDS
154 (9) WOOD BENCHES
155 (5) WOOD BENCHES IN (1) ROW
156 (5) WOOD BENCHES IN (1) ROW
157 (7) WOOD BENCHES IN (1) ROW
158 (8) WOOD BENCHES IN (1) ROW
159 (15) WOOD STANDS IN (1) ROW
160 (20) WOOD STANDS IN (1) ROW
161 (10) WOOD STANDS IN (1) ROW
162 (8) PORTABLE WOOD SHELVING UNITS IN (1) ROW
163 8′ X 4′ WORK TABLE
164 8′ X 6′ WORK TABLE
164A 12′ X 6′ WORK TABLE
165 6′ X 4′ WORK TABLE
166 15′ X 4′ WORK TABLE
167 GGT PLOTTER WITH ELECTRONIC BOARD

Sales Tax: 6.875%
Buyers Premium: 18%

Not Available

TERMS & CONDITIONS

1) BUYER INFORMATION: Each potential Buyer represents, warrants and certifies that it has provided (i) its full and accurate legal name and business address, and the full and accurate legal name and address of Buyer’s representative(s) attending and/or participating in the sale event of the Property, and (ii) the citizenship status of Buyer and its representative(s) and any foreign interest of Buyer or its representative(s)

2) BUYER BEWARE: “THE BUYER ALONE IS RESPONSIBLE FOR CHECKING THE QUALITY AND SUITABILITY OF GOODS BEFORE A PURCAHSE IS MADE”. Koster Industries Inc. makes no representations, warranties, promises, covenants or guarantees, expressed or implied, as to defects in or the completeness or accuracy of the description in any advertising of any item(s) being auctioned and is not responsible for any advertising discrepancies, descriptions, nomenclature or inaccuracies of any kind. ALL ITEMS ARE SOLD ON “AS IS, WHERE IS” BASIS AND WITH ALL FAULTS WITHOUT EXCEPTION AND WITH REMOVAL AT BUYERS SOLE RISK AND EXPENSE. THE AUCTIONEER MAKES NO REPRESENTATIONS, WARRANTIES, PROMISES, COVENANTS OR GUARANTEES OF ANY KIND, EXPRESSED OR IMPLIED, AS TO THE NATURE, QUALITY, DURABILITY, CAPABILITY, FUNCTION, PERFORMANCE, VALUE OR CONDITION OF THE ITEM(S) BEING AUCTIONED OR ITS (THEIR) SUITABILITY FOR ANY USE. THE AUCTIONEER EXPRESSLY AND SPECIFICALLY DISCLAIM, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

3) REGISTRATION: Koster Industries Inc. reserves the right to refuse any applicant the privilege of bidding or attending the auction for any reason, including but not limited to prior history with Koster or other auctioneers, past non-payment or removal.

4) OUT OF COUNTRY REGISTRATION: Koster Industries Inc. Requires a minimum of $2,000 deposit for all bidders residing outside of the continental United States. This deposit is refundable.

5) DEPOSIT: Koster Industries Inc. Reserves the right to require a deposit upon registration including credit card deposits and holds on the credit card for a minimum of $500.00 USD. All deposits are refundable.

6) PAYMENTS: All payments must be made in the form of Cash, Company Check – up to $1,000, Certified Funds over $1,000, Money Order, and Credit Cards with a 3% Processing charge. Koster Industries Inc. reserves the right to charge any buyers credit card for purchases made at the sale including all fees associated with if there is no communication between buyer and Koster Industries Inc. We will make multiple attempts to contact buyer then have the right to charge credit card associated with account.

7) SALES TAX: Purchaser shall also pay all applicable sales or use taxes imposed by all taxing authorities on such transaction unless purchaser shall present a resale certificate, certificate of exemption or the like, exempting the purchaser and auctioneer from the payment of any such sales and use taxes.

8) MANOR OF PAYMENT: All payments are to be made out to Koster Industries Inc. Payments are due upon posted time of payment, open invoice over the period of one week with no communication between buyer and auctioneer could be considered abandoned and Koster Industries Inc. Will reserve the right to re-sell, scrap any and all lots purchased.

9) COMPLIANCE WITH TERMS OF SALE: In default of payment of bills in full within the time therein specified, the auctioneer in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. Lots not paid for and removed within the time allowed herein may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charges of re-sale, will be charged to the defaulting purchaser. The execution, interpretation and performance of the Transaction Documents shall be governed by, and construed in accordance with, COMPLIANCE WITH TERMS OF SALE: In default of payment of bills in full within the time therein specified, the auctioneer in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. Lots not paid for and removed within the time allowed herein may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charges of re-sale, will be charged to the defaulting purchaser. The execution, interpretation and performance of the Transaction Documents shall be governed by, and construed in accordance with, the laws of the State of New York (without regard to its conflicts of law provisions). THE PARTIES HEREBY WAIVE THE RIGHT TO A JURY TRIAL IN ANY DISPUTE OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF, DIRECTLY OR INDIRECTLY, THE TRANSACTION DOCUMENTS, ANY OF THE RELATED DOCUMENTS, ANY DEALINGS BETWEEN SELLER AND BUYER RELATING TO THE SUBJECT MATTER HEREOF OR THEREOF, AND/OR THE RELATIONSHIP THAT IS BEING ESTABLISHED BETWEEN SELLER AND BUYER.

10) REMOVAL: All purchases must be removed not later than Posted Removal Time. No lot can, on any account, be removed during the sale. Removal shall be at the expense, risk and liability of the purchaser. Purchases will be delivered only on presentation of paid bill. The Auctioneer shall not be responsible for goods not removed within the time allowed, but shall have the option to remove and store at the expense and risk of the purchaser any article purchased, but not paid for and removal of any of the goods. A storage charge of $750.00 USD per day will be applied to anyone who does not remove within the posted time limit without prior permission from our office. for insurance reasons Koster Industries Inc. does not supply any material handling devises or equipment including but not limited to forklift trucks, cranes, pallet jacks, hand trucks, Etc. We require valid insurance from all people who work inside the facility including all machinery movers, erectors, millwrights, or any buyer operating equipment or dismantling / moving machinery - NO EXCEPTIONS.

11) Koster Industries Inc. does not pack, ship crate, transport or rig any items, we provide riggers / pack & ship companies information on our website as a courtesy, they are 3rd party contactors, Koster Industries is not responsible for rigging charges, damages, Etc. We must be supplied with an insurance certificate naming Koster Industries Inc. as additionally insured for all machinery movers or anyone operating equipment within the building - NO EXCEPTIONS

12) RESPONSIBILITY FOR NON-DELIVERY: The Auctioneer shall not, in any event, be liable for non-delivery of for any other matter or thing, to any purchaser of any lot, other than for the return to the purchaser of the deposit or sum paid on said lot, should the purchaser be entitled thereto.

13) CLAIMS: No claims will be allowed after removal of goods from premises.

14) SAFETY DEVICES: Articles purchased may not incorporate approved activating mechanisms, operating safety devices or safety guards, as required by OSHA or otherwise. It is purchaser’s responsibility that articles purchased be so equipped and safeguarded to meet OSHA and any other requirements before placing such articles into operation.

15) INDEMNIFICATION: Purchaser agrees to indemnify and hold the Auctioneer harmless from and against all claims and liabilities relating to the condition or use of the articles purchased or failure of user to follow instructions, warnings or recommendations of the manufacturer, or to comply with federal, state and local laws applicable to such articles, including OSHA requirements, or for proximate or consequential damages, costs or legal expenses arising therefrom.

16) RISK TO PERSON AND PROPERTY: Persons attending during exhibition, sale or removal of goods assume all risks of damage of or loss to person and property and specifically release the auctioneer from liability therefore. Neither the Auctioneer nor his principal shall be liable by reason of any defect in or condition of the premises on which the sale is held.

17) ADDITION TO OR WITHDRAWAL FROM SALE: The auctioneer reserves the right to withdraw from sale any of the property listed or to sell at this sale property not listed, and also reserves the right to group one or more lots into one or more selling lots or to subdivide into two or more selling lots. Whenever the best interest of the seller will be served, the auctioneer reserves the right to sell all the property listed, in bulk.

18) COMPLIANCE WITH LAWS. Buyer shall comply with all U.S. export control laws and regulations. The Property sold under the Transaction Documents may be subject to the provisions of Export Administration Act of 1979 and the Export Administration Regulations promulgated thereunder, the Arms Export Control Act and the International Traffic in Arms Regulations, and the sanctions laws administered by the Office of Foreign Assets Control. Buyer acknowledges that these statues and regulations impose restrictions on import, export and transfer to third countries of commodities and related data, and that licenses from the U.S. Department of Commerce or U.S. Department of State may be required before such commodities or data can be transferred, and that such licenses may impose further restrictions on use and further transfer of such commodities and data. Buyer agrees (i) to notify Seller prior to any transfer of Property (including goods, commodities or data) purchased under the Transaction Documents to any parties outside of the United States, (ii) to provide an end-use certificate and a certification that the Property (including goods, commodities and data) purchased under the Transaction Documents will not be transferred to any end-user or for any end-use that is prohibited by U. S. law, (iii) to provide proof of any required U. S. Automated Export System (AES) filing prior to export of any Property (including goods, commodities or data) purchased under the Transaction Documents, and (iv) that Seller reserves the right to cancel any sale at any time in the event it determines, in its sole discretion, that any transaction arising out of the Transaction Documents does or may violate applicable U.S. export control or similar laws.

19) DISPUTE BETWEEN BIDDERS: If any dispute arises between two or more bidders, the auctioneer may decide the same or put the lot up for sale again at once, and resell to the highest bidder. The auctioneer’s decision shall be final and absolute.

20) RESERVE: The auctioneer reserves the right to reject any and all bids. On lots upon which there is a reserve, the auctioneer shall have the right to bid on behalf of the Seller.

21) RECORDS: The record of sale kept by the auctioneer and bookkeeper will be taken as final in the event of any dispute.

22) INTERNET BIDDING: Koster Industries assumes no liability for any 3rd party internet bidding platform site for security including any and all unauthorized or compromised usage of the registrant’s username or password, and disruption in the internet or network service, such as outages, lag times, or credit card fraud.
23) COLLUSION: Buyers agree that they will not participate in any bidding practices with the intent of manipulating the bidding process, Buyers agree that they will not place bids under false names or buyer information.

24) AGENCY: The auctioneer is acting as agent only and is not responsible for the acts of its principals.

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