Name ONLINE - Omron Automation Nov 2010 AUCTION # 1
Auctioneer 403 Auction
Type Online-Only Auction
Date(s) 11/13/2010 - 11/24/2010
Location 6-3620B Laird Road
Mississauga, ON L5L6A9
Buyer Premium 15% Buyers premium applies
Omron Automation Components Inventory Liquidation November 2010. To our knowledge all items are brand new items. There are no returns or defective items in these lots. Bids accepted Online from November 14th till Tuesday November 23rd at 5PM At the request of the consignor, due to the high value of these items (Exceeding $250,000) this auction will be conducted in two manners concurrently with the highest gross result being the binding method. This is to satisfy industry buyers who are interested in the entire lot enbloc and it may not be worth for them to bid on bits and pieces while still serving the smaller buyers if the individual lots exceed the En Bloc price. The process is as follows: Auction # 1 : is a standard ebay style bidding auction where everything is broken down into small lots or individual items. Each lot is a seperate item to bid on and win through the normal auction bidding process. Auction #2 : Is for dealers or wholesalers who are interested in bidding on the entire lot. In Auction 2 it is a sealed bid auction, where you place your best offer for the entire lot of items. At the conclusion of the sale we will tabulate the gross sales and the highest method will be the binding sale and will cancel the other sale completely. In a nut shell if the individual bids exceed the en bloc entire lot bids than they will be accpeted and negate the sealed bids. If the sealed bid is higher than the cumulative individual bids the sealed bid will be accepted and negate the individual bids. If you have any questions about this process please contact us and we will be glad to go over it. Auction #1 is a standard ebay style auction. Auction #2 is a sealed bid Auction meaning you submit your best offer and if you are the high offer you are awarded the bid. ***Preview**: Thursday November 18th from 8AM -4:30PM. ** Removal** : Winners will be notified within 48 Hours of Auction end. All items must be paid for in full by Monday November 29th and removed by Thursday Dec 2nd , NO EXCEPTIONS!!!!! Preview, Auction and Removal will all be held from our premesis located at 3620B Laird Road, Unit #6 in Mississauga, Ontario. This is in the Dundas and HWY 403 Area, visit our website for a map.
Auction Terms & Conditions IDENTIFICATION: We collect information on you because we need to know that you are a REAL PERSON. We use a very secure 3rd party financial service to verify credit card information to ensure you are a real and legitimate bidder. They will charge you a $1.00 Fee the first time you register for online bidding. You will then be able to bid on all our future online sales (To be held monthly). If you do not feel comfortable registering online(Or do not have a valid credit card) you will be able to place a bid in person, onsite during the specified preview times only, ID and a cash deposit will be required to do this. PAYMENT: All payments must be made in person in full by Monday November 29th at 4PM, any payments not received by that time will have the registers credit card billed directly. For items being shipped, payment must be made via Paypal where the buyers payment is eligible for seller protection or via wire transfer. Any payments over $1000.00 that are not paid in person must be paid via wire transfer. STORAGE: Any items not picked up by Friday Dec 3rd will incur storage fees at a rate of $10 per lot at a rate of $10.00 per day. After 30 days or when the storage fee exceeds the items value, the item will be deemed abandoned and will be resold or disposed of at our discretion. REVIEW BIDS: You can check your bids at anytime during the auction by clicking 'review bids' in 'bidder tools'. NOTIFICATION: You can choose to be notified by email during the auction if you have been outbid. Please note that outbid notifications are not sent out during the last two hours of the sale. **** (THIS DOES NOT APPLY TO SEALED BID AUCTIONS)**** INVOICING WINNERS: You will receive an invoice via email within 48 hours of the auction closing. REMOVAL: Buyers are responsible for the safe removal of all items from their place at time of Auction. Buyers are responsible for any and all damages to the building they cause while on the premises. REMOVAL/PICKUP: Pickup is to be scheduled for Friday Nov 26th from 8AM-4:30PM and Monday Nov 29th from 8Am -5PM As stated in our auction details. All items are FOB Mississauga. We will ship items, but there will be a $25 handling fee plus actual UPS shipping on any lots shipped. shipped lots must be paid for by an eligible Paypal account or wire transfer only. If an enbloc buyer is succesfull we pack the contents on aproximately 3 pallets, there will be a $100 handling fee for enbloc buyers. Enbloc buyers must arrange there own shipping arrangements (we will pack the skids), but you must arrange the trucking. CONDITIONS OF ARTICLES SOLD: As is, where is. You accept items in place with all faults with no guarantees they are fit for any particular use. There are no warranties expressed or implied. We recommend viewing on all items. CLAIMS: No claim will be allowed after removal of goods from premises. RISK TO PERSON AND PROPERTY: Please take care of yourself & items as you have released us from liability. ADDITION TO OR WITHDRAWAL FROM SALE: We may remove/add lots/items to the sale if we must. RESERVE: You may have to pay a minimum amount in order to win an item. RECORDS: In the unlikely event of a dispute, you agree to accept our records as if they were written in stone. SOFT CLOSE: Items close every second. To prevent a bidder from 'sniping', all bids made in the last minute of the auction will force an item to stay open for an additional 3 minutes. This will continue until all bidding has ceased. **this des not apply to sealed bid auctions** STRATEGY: This is a sealed bid Auction, therefore the highest offer wins. Any lots you are interested in you shhould submit your best offer! CATALOGUE ERRORS: If a description does not match a picture in a lot, the description takes precedence. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 24.00 1.00 CDN
24.01 - 195.00 5.00 CDN
195.01 - 490.00 10.00 CDN
490.01 - 975.00 25.00 CDN
975.01 - 1,950.00 50.00 CDN
1,950.01 - 9,999,999.99 100.00 CDN
Currency CDN
Buyer Premium 15% Buyers premium applies