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1
35,000 EUR
EUR
Timed auction
Lot location
-
1: Quality Tools, T-130 Press for Aluminium Foil Trays.Code: T103-69.No 2 Foil Size.Five Tray Cavity Tool Section.With Separate Front Loading Coil Feeder.With Separate Backend Tray Unloader.Press Power: 1,300.Weight of Machine: 15,000 Kg.4 x Spare Cavity Tool Sets inc:1,2,3 Compartment; Lid Compartment., Year of Manufacture: 2015. Unless Sold Prior to the auction date
Did not go ahead- Food Container Manufacturing  Limited -
Timed
Venue address
Red Seal Foils Ltd
Aghafad
County Longford
,
N39V902
Ireland
Did not go ahead- Food Container Manufacturing Limited -

Auction dates
Starts: 04 Oct 2023 11:00 BST
Ends from: 15 Nov 2023 11:00 GMT
Viewing dates
By appointment only
Auction currency
EUR

• Removal Deadline: Friday 8 December 2023, 4:00pm SST
• Removal Hours: Tuesday 21 November - Friday 8 December 2023, 9:00am - 4:00pm BST
• Collection is only permitted once a paid in full invoice has been received. This is strictly by appointment only.
• The Buyer and or their removal contractor must supply their own lifting equipment Method statements and risk assessments. copies of all relevant Insurances documents and operator licenses must be supplied and approved ahead of any item being dismantled or moved in accordance with Health & Safety policies.
• Anyone attending site will be required to wear the relevant PPE workwear including Hi-Viz Vest/Jackel and safety Footwear.

• Buyer's Premium of 18%will be applicable to this sale
• VAT at 23% will be added to the total price and Buyer's Premium. 
• All payments must be cleared in the nominated account by Friday 17 November 2023. 1:00pm GMT
• All Lots must be collected by Friday 8 December 2023,4:00pm BST. Strictly by prior appointment
• All persons arriving on site must report to the entrance and complete the signing in procedure book
• This site is a full PPE area and everyone must comply whilst the site is designated as such. PPE worn must comply with all relevant Method Statements. Anyone not found wearing his/her PPE will be required to leave the site, if in doubt assistance must be sought from the site supervisor

 

TERMS AND CONDITIONS

Equipment Auctions Ltd t/a Eauctions

1.  All lots - which term shall include all forms of personal property whatsoever and property fitted or affixed to land - are tendered for sale subject to these Conditions, no variation of which shall be valid unless made in writing and signed by a person duly authorised by the Auctioneer. 

2. In these Conditions “the Auctioneer” shall be the company or firm or person, or his or their servant or agent, who has agreed to auction any lot; “the Seller” shall be the company or firm or person who has agreed to sell any lot; “the Buyer” shall be any company, firm or person whose bid is accepted by the Auctioneer; and “Bidder” shall mean a person who bids for any lot whether on his own behalf (in which case he shall be the Buyer if his bid is accepted by the Auctioneer) or on behalf of a third party (in which case the third party shall be the Buyer if his bid is accepted by the Auctioneer).

3. By making a bid for any lot, the Bidder agrees to be bound by these Conditions, and further warrants that he has due authority and capacity to make the bid and binds both himself and any employer or principal to honour any contract resulting there from.  Any bid shall be deemed to be an offer by the Bidder either on his own behalf or on behalf of a Buyer to purchase any lot tendered upon these Conditions alone.

4. The sale of any lot shall be concluded and binding at the moment when the lot is knocked down.  The highest bid will be accepted save in exceptional circumstances, such circumstances to be determined by the Auctioneer whose decision shall be unchallengeable.

5. The Auctioneer shall have the sole and exclusive right at the site of the auction to determine all matters whatsoever concerning the conduct and/or effect of any auction sale or purported sale and without prejudice to the generality of the foregoing, he shall be entitled to resolve disputes between bidders, to reject any bid, to withdraw, divide or consolidate any lot or lots and he will be entitled to bid on the Seller's behalf.  He will further be entitled to require proof of identity and /or of authority from any bidder.

6.  The Buyer must forthwith identify himself and any principal or employer, together with appropriate means of identification, to the Auctioneer, his servants or agents and must pay 25 per cent of the sale price forthwith by way of a deposit.  The total sale price, less any such sum, must be paid to the Auctioneer at his office or elsewhere as he may direct.  Payment in full shall be deemed not to have occurred until any negotiable instrument has been honoured in full (or cash has been paid) such payment to be made within the time specified in the sale notes. 

Time of payment shall be of the essence.  The Buyer shall not be entitled to remove any lot from its position at the time of the sale until the purchase price of that of that and any other lot purchased at the auction has been paid in full and in default of payment as aforesaid the Auctioneer shall have a lien upon all lots purchased by the Buyer during the same auction and shall be entitled to rescind the sale in respect of any lot or lots for which full payment is not made in due time, forfeit any deposit paid in respect of them and resell the same without any right of compensation to the Buyer.  The Auctioneer shall also be entitled to charge interest upon any unpaid balance at the rate of 1 per cent above Base Rate from time to time or may be entitled to charge interest, whichever is the greater.  The Auctioneer shall also be entitled to continue to charge for storage arising after the time for removal at the rate of 25 per cent per annum of the sale price until he elects to rescind the sale, if at all, which election he may make at any time after such  non-payment.

7. The title to any lot shall remain with the Seller until the full sale price and any storage and interest charges have been paid to the Auctioneer, but the risk of damage to or loss whatsoever cause and in whatsoever circumstances shall be transferred to the Buyer upon the sale.

8. The Auctioneer warrants that he will only sell lots which he believes to be owned by the Seller or to which the Seller will be able to pass a good title but should it transpire that the Seller's title to any lot is defective or that the Seller cannot pass a good title to the Buyer, the Auctioneer shall be under no obligation to the Buyer, other than to use his best reasonable endeavours (short of litigation), to procure the transfer of a good title to the Buyer and to assist the Buyer in exercising any remedies that he may have against the Seller.

9. The Buyer shall remove any lot for which he has paid in full plus other charges, if any, by the time for removal, which shall be either the time for payment or the time stated in the any sale notes of the Auctioneer, whichever shall be removed without the Auctioneer's express written consent while the Auction is continuing.  The Buyer shall be responsible for the removal of the articles and such removal must be carried out safely and lawfully.  Flame cutting, the use of explosives or any other potentially hazardous or inflammatory process shall not be permissible at the site without express written consent.  The Buyer agrees to insure against and to indemnify the Auctioneer and the Seller against any and all claims arising in respect of injury or damage to person or property whether real or personal, caused by himself, his servants or agents of his principals or employer.

10.  Exclusion of Liability

10.1 As this is a sale by auction and the Auctioneer has no historical knowledge of any lot sold by the Auctioneer, all conditions and warranties as to the condition, quality, description or fitness for any purpose of any lot are expressly excluded and neither the Seller nor the Auctioneer will be bound by or liable for any representation of any kind in relation to any lot.

10.2 Neither the Seller nor the Auctioneer shall have any liability for matters outside of their reasonable control.

10.3 Neither the Seller nor the Auctioneer shall have any liability to the Buyer or a Bidder for any:

10.4.1 consequential losses (including loss of profits and/or damage to goodwill); and/or

10.4.2 economic and/or other similar losses; and/or

10.4.3 special damages and indirect losses; and/or

10.4.4 business interruption, loss of business, contracts and/or opportunity.

10.5 Each of the limitations and/or exclusions in these Conditions shall be deemed to be repeated and apply as a separate provision for each of:

10.5.1 liability for breach of contract;

10.5.2 Liability in tort (including negligence);

10.5.3 Liability for breach of statutory duty except for clauses 10.8 and 10.9 below which shall apply once only in respect of all the said types of liability.

10.6 Any potential Buyer and/or Bidder should rely solely and exclusively upon his own inspection of any lot and should not treat statements made in sale particulars or before or during the Auction by the Seller or the Auctioneer either as representations or to be relied upon.

10.7 No vehicle is warranted or held out to be roadworthy and no lot is warranted or held out to be merchantable or safe for use or complying with statutory requirements for use, display or movement.  The Auctioneer, his servants and agents have no authority to make representations.

10.8 The liability of the Auctioneer or the Seller to the Buyer or a Bidder shall be limited to the price paid by the Buyer for the lot in question provided also that the total collective liability of the Seller and the Auctioneer to the Buyer or a Bidder shall not exceed the price paid by the Buyer for the lot in question.

10.9 To the extent that any liability of the Seller or the Auctioneer would be met by any insurance of the Seller or the Auctioneer, the liability of the Seller or the Auctioneer shall be extended to the extent that such liability is met by such insurance.

10.10 If any individual exclusion or limitation of liability under this clause 10 is held to be unreasonable or unenforceable the remaining provisions of this clause 10 and these conditions of sale shall remain in full force and effect.

10.11 Nothing in these Conditions shall exclude or limit the liability of the Seller and the Auctioneer for death or personal injury due to its negligence or any liability which is due to their fraud or any other liability which it is not permitted to exclude or limit as a matter of law.

11. The Buyer hereby undertakes to ensure that any lot he purchases will be used, moved or displayed whether at the site of the auction or elsewhere only when he has ensured that such use and/or movement and/or display is lawful and safe.

12. It is expressly brought to the Bidder’s and/or Buyer’s attention that, at the time of sale, any item of plant, machinery or equipment contained in the lot(s) may not necessarily comply with the Health and Safety at Work or any other Act or Acts or Regulations thereunder governing the use of that plant, machinery or equipment in a working environment.  Buyers of any such plant, machinery or equipment are hereby required to ensure that the use of any such at a place of work within the Republic of Ireland does not contravene such relevant Act or Regulation thereunder applicable thereto.

13. TOXIC CHEMICALS AND DANGEROUS SUBSTANCES.  It is expressly brought to the attention of Buyers and/or Bidders that certain types of plant, or main service installations could contain blue or white asbestos, dangerous chemicals etc., which if not handled correctly during their removal from the site could be in breach of Health and Safety at Work, or any other current legislation covering the use of such substances in a working environment.

14. Where any lots or lots have been sold by count, weight or measurement, no allowance can in any case be made nor shall the Auctioneer or Seller be answerable for any deficiency in quantities, weights or measures, unless claimed for before the Buyer, his agent, carrier or man employed by him, has removed his lot or lots from the premises.

15. Should a Buyer, by himself, his servants or agents cause damage in any way to the site of the auction or damage to or loss of any lot thereat, the Auctioneer shall be entitled to exercise a lien in respect of any and all lots purchased by the Buyer until such damage or loss has been paid for in full, whether or not the lots or any of them have been paid for in full, such loss and damage to be assessed by the Auctioneer whose decision shall be final and unchallengeable.  The Auctioneer's assessed sum shall be paid by the Buyer upon receipt of invoice therefore and payment shall be made forthwith, time being of the essence.

16. Neither the Auctioneer nor the Seller are to be responsible for any personal injuries which may occur prior to, or during the progress of the sale, or at any time during the removal of the lots, which must be entirely at the Buyer's risk.

17. If before title to any lot has passed to the Buyer thereof, the Buyer, being an individual, dies, enters into a composition or arrangement for the benefit of his creditors or has a Receiving Order in Bankruptcy made again him or, being a body corporate, has an Administrator, a Receiver or a Receiver and Manager appointed or goes into liquidation or enters into a composition or arrangement for the benefit of its creditors, then the contract for sale of such lot shall be automatically and without notice rescinded unless the Auctioneer elects otherwise within 2 working days of written notice of such an event.  Upon rescission, any deposit paid by the Buyer shall be forfeit and the Auctioneer shall be entitled to exercise the rights set out in Clause 6.

18. If a Buyer is permitted to take possession of any lot before the full sale price has been paid, the Seller and/or Auctioneer shall be entitled to enter upon any premises of the Buyer or under his control in order to repossess such lot.

19.  If, before title passes to the Buyer under these Conditions, the Buyer nevertheless purports to resell or otherwise dispose of the lot or any interest therein, the Buyer shall hold the proceeds of such sale or other disposition upon trust for the Auctioneer and the Seller jointly until title passes to the Buyer under these Conditions, if at all, and in the meantime the Buyer shall not deal with, charge or dispose of such proceeds except with the written consent of the Seller or of the Auctioneer.

20.   These Conditions shall be construed in accordance with and governed by Irish law.

21.  The Buyer will pay the Buyer’s premium as stated in the catalogue on the hammer price plus Value Added Tax at the standard rate.  The premium is not negotiable and will be charged to all Buyers.  The Buyer agrees that the Auctioneer when acting as agent for the Seller may also receive a commission from the Seller.

22.  The Auctioneer and its agents act only as agents of the Seller and without personal liability.

23.  All software is excluded from any lots sold.

24.  Equipment Auctions Ltd T/A Eauctions reserves the right to bid on behalf of its clients.

 

HILCO VALUATION SERVICES - TERMS AND CONDITIONS

The following terms and conditions (“Terms”) are the terms on which Hilco Appraisal Limited (a limited liability company incorporated under the laws of England and Wales with company number 04703331 and whose registered office is at 11 Ironmonger Lane, London EC2V 8EY (“Hilco”), as the case may be, the relevant part to be identified on the relevant invoice sells Equipment (defined below) at Auctions (defined below) or by means of Private Treaty Sales (defined below) and supersedes all other terms and conditions relating to the subject matter of these Terms.  These Terms are the terms subject to which Hilco shall, either on its own behalf or as agent for the Vendor (defined below), sell Equipment to a Buyer (defined below) by way of Auction or Private Treaty Sale.

THE BUYERS ATTENTION IS IN PARTICULAR DRAWN TO THE PROVISIONS OF CLAUSE 8 AND THE BUYER SHOULD NOTE THAT:

•             THE EQUIPMENT IS SOLD ‘AS IS, WHERE IS’ (WITH ALL FAULTS, IMPERFECTIONS AND DEFECTS)

•             NO GUARANTEES AND/OR WARRANTIES ARE PROVIDED BY HILCO IN RESPECT OF ANY EQUIPMENT

•             IT IS THE BUYER’S RESPONSIBILITY TO INSPECT EQUIPMENT PRIOR TO BIDDING ON SUCH EQUIPMENT OR MAKING AN OFFER IN RESPECT OF SUCH EQUIPMENT

•             ALL SALES ARE FINAL – NO EXCEPTIONS

•             SALES MAY BE SUBJECT TO A BUYER’S PREMIUM (DEFINED IN THE SPECIFIC SALE TERMS, IF APPLICABLE), THE RATE OF WHICH WILL VARY FROM SALE TO SALE

•             ALL AUCTIONS (DEFINED BELOW) ARE SUBJECT TO THE CONDITIONS, VALID IN THE COUNTRY WHERE THE AUCTION TAKES PLACE

•             EXTENDED BIDDING (ANTI SNIPING): - IF ANY LOTS ARE BID ON IN THE LAST 5 MINUTES, 5 EXTRA MINUTES WILL BE ADDED.  THIS IS EXTENDED BIDDING

1.            DEFINITIONS AND INTERPRETATION

The following words and phrases used in these Terms shall have the following meanings, except where the context clearly requires otherwise:

“Advertising Material” means brochures, pamphlets, advertisements and any other marketing material (in both electronic and printed format) used by Hilco to market and promote the Auctions and/or any Private Treaty Sale;

“Auction” means a public sale or online sale at which items of Equipment are being sold by Hilco, each such item of Equipment going to one of the competing bidders;

“Buyer” means any person, firm or auctioneer who agrees to purchase the Equipment by participating in an Auction and placing a winning bid or who makes an offer which is accepted by Hilco in respect of a Private Treaty Sale;

“Buyer’s Premium” means a percentage of the Hammer Price (specified in the Sale Specific Terms) which is added to the Hammer Price to make up the Purchase Price;

“Catalogue” means an online or printed document containing a description of the Equipment to be sold at an Auction or by way of a Private Treaty Sale;

“Data Protection” means the Data Protection as applicable in the Country where the Auction takes place or such other legislation which enacts or consolidates it (with or without modification);

“Equipment” means the assets in respect of which potential buyers are invited to submit offers by means of placing bids at an Auction or in respect of a Private Treaty Sale;

“EU” means the European Union;

“Force Majeure Event” means any event beyond a Party’s reasonable control, which by its nature could not have been foreseen, or, if it could have been foreseen, was unavoidable and which affects the performance by a Party of its obligations under these Terms, including without limitation, strikes, lock-outs or other industrial disputes (excluding such party’s own workforce), failure of energy sources or transport network, acts of God, international disputes, war, export or import limitations or embargos, terrorism, riot, civil commotion, interference by civil or military authorities, national or international calamity, armed conflict, malicious damage, breakdown of plant or machinery, nuclear, chemical or biological contamination, sonic boom, explosions, collapse of building structures, fires, floods, storms, earthquakes, loss at sea, epidemic or similar events, natural disasters or extreme adverse weather conditions, or default of supplies or subcontractors;

“Hammer Price” means the amount offers by the Buyer and accepted by Hilco at Auction in respect of the relevant Equipment;

“Parties” means Hilco and the Buyer collectively and “Party” shall mean any one of them as determined by the context;

“Personal Data” means any personal information (such as name, address, telephone number, credit card details and copies of documents such as driving licence used for identification purposes) which the Buyer provides to Hilco when submitting a Registration Form to Hilco;

“Privacy Policy” means Hilco’s privacy policy accessible via the link on Hilco’s Website(s) and which forms part of these Terms;

“Private Treaty Sale” means a sale (not by way of an Auction) of Equipment by Hilco where Hilco prepares descriptive details of the Equipment for sale and invites offers which Hilco may accept or reject;

“Proxy Bid” means a bid submitted by an employee of Hilco on a Buyer’s behalf and with the Buyer’s authority in circumstances where a Buyer is unable to participate in an Auction;

“Purchase Price” means the amount payable by the  Buyer to Hilco in respect of the sale and purchase of the Equipment and shall consist of, in respect of sale at Auction, the Hammer Price plus the Buyer’s Premium and, in respect of a Private Treaty Sale, the price agreed between Hilco and the relevant Buyer;

“Registration Form” means the printed or online form the Buyer completes when registering for an Auction;

“Sale Specific Terms” means any terms published by Hilco on any of the Websites in respect of the sale of Equipment and, in respect of a sale by Auction, any terms made available at any Auction and which relate to the specific Auction mentioned in such terms and/or any other terms communicated to the Buyer or potential Buyer by Hilco from time to time which shall be incorporated into these Terms by reference;

“Third Party” means any person or entity other than the Parties;

“VAT” means value added tax or the equivalent or similar sales taxes applicable in the Country where the Auction and/or Private Treaty takes place;

“Vendor” means the vendor of the Equipment, where Hilco sells the Equipment as agent on the vendor’s behalf or Hilco if it sells for its own account;

“Website(s)” means Hilco’s website located at www.hilcoind.com and any other websites used by Hilco for purposes of Auctions or in respect of a Private Treaty Sale.

The headings used in these Terms have been inserted for convenience only and shall not affect its construction or interpretation.

1.1  Words importing the singular include the plural and vice versa.

1.2  Words importing a gender shall include all genders.

1.3  Reference to any statute, statutory provision or statutory instrument includes a reference to that statute, statutory provision or statutory instrument together with all rules and regulations made under them as from time to time amended, consolidated or re-enacted.

1.4  In the event of a conflict between the provisions of these Terms and the Sale Specific Terms, the Sale Specific Terms shall take precedence.

2.  APPLICABILITY OF THESE TERMS

These Terms as well as the “Sale Specific Terms” apply to all Auctions and Private Treaty Sales facilitated and/or conducted by Hilco.

3.  STATEMENTS RELATING TO THE EQUIPMENT

3.1  All statements relating to the Equipment put up for auction at an Auction or offered for sale by means of a Private Treaty Sale contained on the Websites, in any Catalogue or in any Advertising Material (such as statements relating to description, quality and condition) are qualified statements of opinions and should not be relied upon or construed as being representations or warranties.

3.2  It is the Buyer’s responsibility to inspect the Equipment and to satisfy itself on all matters affecting the Equipment, including the condition and description of the Equipment, its fitness and suitability for any particular purpose prior to bidding on such Equipment at an Auction or making an offer in respect of a Private Treaty Sale.

4.  OFFERS

4.1  All offers of Hilco are subject to prior sale of the goods by Hilco to a third party.

4.2  No offer, whether oral or in writing, is binding upon Hilco.  Hilco has the right to withdraw any offer within five days after such offer has been accepted by the purchaser.

5.  RISK AND TITLE

5.1  The risk in and to Equipment bought by the Buyer at an Auction shall pass to the Buyer on the ‘fall of the hammer’, but the legal and beneficial title in and to such Equipment shall remain with Hilco until the Buyer’s payment of the Purchase Price (together with any VAT and any other applicable tax) in accordance with Clause 7 and has been received by Hilco in cleared funds.

5.2  The risk in and to Equipment bought by the Buyer by means of a Private Treaty Sale shall pass to the Buyer on the date on which the Private Treaty Sale is agreed between Hilco and the Buyer, but the legal and beneficial title in and to such Equipment shall remain with Hilco (or as the case may be, the Vendor) until the Buyer’s payment of the Purchase Price (together with any VAT and any other applicable tax) in accordance with Clause 7 and has been received by Hilco in cleared funds.

6.  PROXY BIDS

Hilco may place Proxy Bids on behalf of a Buyer or potential Buyer at any Auction at the Buyer’s election.

7.  PURCHASE PRICE, PAYMENT TERMS AND VAT (AND OTHER TAXES)

Purchase Price

The Purchase Price shall consist of the Hammer Price plus the Buyer’s Premium (if applicable), or, in the event of Private Treaty Sales, the Purchase Price shall be the price agreed between Hilco and the relevant Buyer in respect of such Private Treaty Sale.

Buyers Premium

Hilco may levy a Buyer’s Premium on all sales at Auctions and the rate of such Buyer’s Premium will vary from sale to sale.

7.1 VAT

The Purchase Price does not include VAT and other taxes (if any).  Any VAT (or other taxes if any) relating to the sale shall be payable at the current rate(s) applicable in the country of supply and at the rate in force at the time of supply where the sale takes place.  In respect of VAT and any other taxes (if any) the following shall apply (please see important information below for Intra EU dispatches and export purchasers where the Equipment in question is removed from the EU).

7.1.1 Buyers located in the country of supply and where the Equipment remains in that country will be charged VAT and other taxes (if any) on the Purchase Price, and for sales at auctions local VAT (and other taxes if any) will be levied on the Hammer Price and Buyers Premium.            

7.1.2  Buyers located in another country other than the country of sale but located within the EU must complete documentation or be able to support that there is an Intra EU dispatch and if necessary complete an Intra EU form.  A deposit equal to the amount of the VAT payable in the country of supply will be taken from the Buyer and held by Hilco until satisfactory proof of Intra EU dispatch is received by Hilco.  Where a Buyer removed the Equipment from the country of supply to another EU state then proof of removal will include full shipping documents, proof of transport certification, or any other shipping documentation required by the EU Member State of dispatch to satisfy the Intra EU supply rules for goods including the evidence of a VAT ID number in another EU state to that of the country of supply.  This documentation must be received by Hilco within three (3) months from the date of supply.  Purchasers from overseas should note that the VAT on the Buyer’s Premium is not recoverable.

7.1.3  Buyers who are established outside the EU will be charged VAT (and other taxes if any) on the Purchase Price.  A refund of the VAT applied in the country of supply can be processed by sending proof of removal of the Equipment from the EU as an export (and this will include shipping documents) to Hilco within two (2) months from the date of the supply. 

Intra EU Forms and Proof of Export

The Intra EU forms and Proof of Export documents (including full shipping documents) required should be sent to Hilco via regular mail to Accounts Department (accounts@hilcoglobal.eu) or to such other person as Hilco may notify the Buyer from time to time.

VAT Exemption

Buyers wishing to claim an exemption from VAT (or that VAT is to be charged at zero rate or is otherwise not payable (either at all or at the full rate or amount prevailing at the time of the sale)) should provide satisfactory proof to Hilco of the Buyer’s entitlement to claim such exemption or release. 

Payment Terms

The Purchase Price should be paid by means of electronic funds transfer (EFT).  The bank details and the currency in which payment should be made shall be specified in the Sale Specific Terms.

Time for payment shall be of the essence and any items of Equipment in respect of which full payment (in cleared funds) has not been received by Hilco within ten (10) days of the closing of the relevant Auction or the date of the Private Treaty Sale shall be forfeited and the Buyer shall be liable for the administrative and other costs of Hilco for arranging for the resale and/or scrapping of such Equipment and any resulting loss of fees or commission or premium incurred or suffered by Hilco.

No payment shall be deemed to have been received until Hilco has received the relevant payment in cleared funds.

The Buyer shall make all payments due under these Terms in full without any deduction whether by way of set-off, counterclaim, discount, abatement or otherwise.

If the Buyer fails to pay Hilco any sum due pursuant to the Buyer purchasing any Equipment at an Auction or by way of Private Treaty Sale, the Buyer shall be liable to pay interest to Hilco on such sum from the due date for payment at the maximum allowable annual rate accruing on a daily basis until payment is made, whether before or after any judgment.

8.  WARRANTIES AND LIMITATION OF LIABILITY

8.1 International Statutory Compliance Exclusion

8.1.1  It is expressly brought to the Buyer’s attention that, at the time of sale, any item of plant, machinery or equipment contained in the lot(s); May not necessarily comply with the Health and Safety Laws, in the relevant jurisdiction and any other EC Acts, Regulations, Directives or their applicable laws or equivalent or equivalent or similar laws in any relevant jurisdiction or; And could contain blue or white asbestos, hazardous substances, dangerous chemicals etc. which if not handled correctly during their removal from a site could be in breach of the relevant Health and Safety Laws, use of such substances in a working environment in the EC or any other relevant jurisdiction.

8.1.2 The Buyer undertakes to: Remove, ship and use any purchased plant and equipment within the European Community or any other relevant jurisdiction in a way that does not contravene any relevant legislation and in full compliance with all applicable Health and Safety Standards and regulations; comply with all current applicable legislations in any relevant jurisdiction and reasonable instructions by the Auctioneer in relation to the removal/disposal of waste including hazardous waste.  Participants agree to comply with all applicable export or import control or related laws or regulations and not to violate any applicable local, state, national or international law, statute, ordinance, rule or regulation.  Participants acknowledge that the Auctioneer is not the exporter of any asset unless expressly stated.  The Auctioneer gives no representation or warranty concerning and has not conducted any investigation to ascertain which items, if any, constitute, for example, ‘Restricted Technology’ for US law purposes or whose export is otherwise restricted under applicable law.  The Auctioneer and the seller reserve the right to cancel or rescind any sale in an Online Transaction at any time if either of them determines.  In its absolute discretion, that the sale does or may violate applicable export or import control or related laws and regulations.

8.2  Buyers Responsibilities and Conduct

8.2.1  The Buyer will be responsible for all damage that it, its carriers or its agents may do to the property for any third party (and, in particular, to the seller’s premises) in removing the lot(s) it has purchased.  Should the Auctioneer consider such damage likely to occur, it may require the Buyer to deposit such sum of money with the Auctioneer, by way of security for the costs of reinstating that part of the premises likely to be damaged by the removal of a lot, as the Auctioneer may refuse the Buyer access to the seller’s premises for the purpose of collecting all or any of the lots it has purchased, or rescind the sale of such lot.  By placing a Bid on a lot, the Buyer represents, warrants and undertakes that it has the authority and capacity to enter such Bid and close the transaction and that any Bid that it makes constitutes an irrevocable offer to buy the lot in question for the full amount of the Bid.

8.3  Transfer of Risk

Upon the Announcement of Sale the Buyer shall assume all risks in and relating to such lots.  The Buyer is advised to effect in respect of all such risks arising thereafter any insurance it may consider necessary.  The duty of the Auctioneer and/or the seller to make lots available shall be deemed performed upon Announcement of Sale even if a lot is subsequently damaged and/or part thereof has been lost.  Property and title in each lot shall not pass to the Buyer until: (a) full payment therefore has been received or (b) each such lot has been removed from the seller’s premises in its entirety.

8.4  As is / Where Is

All goods are sold “AS IS, WHERE IS, WITH ALL FAULTS, IMPERFECTIONS, DEFECTS AND WITHOUT RECOURSE”.  Illustrations, pictures or videos posted on the Site are for the convenience of the Buyers only.  Each of the seller, the Auctioneer and, where applicable, Hilco has used its reasonable endeavours’ to ensure that the description of each lot(s) appearing on the Site are accurate, but the Buyer relies upon such description at its own risk.  Buyers should satisfy themselves prior to the sale as to the condition of the lot and should exercise and rely on their judgment as to whether the lot accords with its description at their own risk.  Subject to the obligations accepted by Hilco and where applicable, the Auctioneer under these Terms and Conditions neither the seller nor Hilco nor, where applicable, the Auctioneer nor any of their respective employees or agents are responsible for errors of description or for the genuineness or authenticity of any lot and no warranty whatever is given by Hilco or, where applicable, the Auctioneer, or the seller or their respective employees or agents to the Buyer in respect of any lot and any express or implied conditions or warranties are hereby excluded to the greatest extent permitted by law.

9.  REMOVAL OF EQUIPMENT

 

9.1  It is the Buyer’s responsibility to collect or to arrange for the collection of Equipment bought (at the Buyer’s cost).

 

9.2  The Buyer should contact the individual whose name and contact details are provided in the Sale Specific Terms to arrange for the collection of Equipment.

9.3  Hilco shall only release Equipment for collection by a Buyer or its duly authorised representative once such Equipment has been paid for in full and Hilco has received such payment in cleared funds.

9.4  The Buyer must make payment of the Purchase Price on receipt of Hilco’s invoice.  Invoices related to purchases made via the Websites will be emailed to the Buyer within forty eight (48) hours of the closing of the relevant Auction or conclusion of the relevant Private Treaty Sale.

9.5  Unless stated otherwise in the Sale Specific Terms, the Buyer shall collect or arrange for the collection of the Equipment purchases within ten (10) days of the closing of the relevant Auction or conclusion of the relevant Private Treaty Sale, after which Hilco shall be entitled to charge to the Buyer the cost of storing and securing such Equipment.  The Buyer agrees to advise Hilco of the intended date for collection and method of collection and transport prior to collecting the Equipment.

9.6  The dismantling and removal of Equipment by the Buyer shall comply with the Health and Safety Laws, applicable in the Country where the Equipment is located, if applicable, together with Hilco’s site safety policies and procedures.  After the dismantling and removal, the Buyer shall ensure that the site where the Equipment is located is left clean and in the state it was in prior to the dismantling and removal of the Equipment by the Buyer.

9.7  Certain types of Equipment may contain hazardous materials (such as chemicals) and, on his own account, the Buyer must ensure that the removal of such hazardous materials is carried out in accordance with the Health and Safety Laws, applicable in the Country where the Equipment is located and any other relevant legislation and/or regulations dealing with the removal and handling of such hazardous materials.

9.8  The Buyer shall indemnify and shall keep Hilco indemnified against all liabilities, damages, costs, expenses, death and personal injury arising from or in the course of the removal of the Equipment.

10.  INTELLECTUAL PROPERTY

The copyright in the text appearing on the Websites, in any of our Catalogues, Advertising Material and the photographs, digital images and illustrations of Equipment on the Websites, in any of our Catalogues and in any Advertising Material vest in and shall remain vested in Hilco or its licensors.  The Buyer will not reproduce or permit anyone else to reproduce such text, photographs, digital images or illustrations without Hilco’s prior written consent.

11.  DATA PROTECTION

11.1  Hilco collects Personal Data from the Buyer when the Buyer submits a Registration Form to Hilco, or, if a Buyer generally provides Personal Data to Hilco in the course of doing business with Hilco.

 

11.2 The collection, processing and storage of Personal Data will be dealt with by Hilco in accordance with the Privacy Policy and Hilco’s obligations under the Data Protection Act.

11.3  By submitting a Registration to Hilco the Buyer consents to Hilco collecting, processing and storing the Personal Data contained in such Registration Form for the purposes described in the Privacy Policy.

12.  REGISTRATION AND ACCESS TO THE WEBSITES

12.1  While Hilco endeavour’s to ensure that the Websites are normally available 24 hours a day, Hilco shall not be liable if for any reason the Websites are unavailable at any time or for any period.  Access to the Websites may be suspended temporarily and without notice in the case of system failure, maintenance, or repair, or for reasons beyond Hilco’s control.

12.2  Each registration by a Buyer as a registered user on the Websites is for a single user only.  Hilco does not permit a Buyer to share a user name and password with any other person nor with multiple users on a network.

12.3  Responsibility for the security of any passwords issued rests with the Buyer.

12.4  In consideration of the Buyer’s use of the Websites, the Buyer agrees to maintain the security of the password and identification used to access the user area of the Websites, and the Buyer shall be fully responsible for all use of the Buyer’s account and for any actions that take place using the Buyer’s membership account.

13.  FORCE MAJEURE EVENT

Save for the Buyer’s obligation to make payment under these Terms (which shall not be excused), neither Party shall be liable for any failure or delay in performing its obligations under these Terms to the extent that such failure or delay is caused by a Force Majeure Event.

14.  WAIVER

A waiver (whether express or implied) by one of the Parties of any of the provisions of these Terms or of any breach of or default by any other Party in performing any of those provisions, will not constitute a continuing waiver and that waiver will not prevent the waiving Party from subsequently enforcing any of the provisions of these Terms not waived or from acting on any subsequent breach of or default by any other Party under any of the provisions of these Terms.

15.  SEVERABILITY

The provisions contained in each clause and sub-clause of these Terms is enforceable independently of each of the others and its validity will not be affected if any of the others is invalid.  If any of those provisions is void but would be valid if some part of the provision were deleted, the provision in question will apply with such modification as may be necessary to make it valid.

16.  WHOLE AGREEMENT

These Terms (together with any other documents referred to herein and referenced as forming part hereof), contain the whole agreement between the Parties relating to the subject matter contemplated by these Terms.

17.  RULES AT AUCTION

 

The Auctioneer can at its own discretion:

17.1  Change or withdraw any or all lots.

17.2  Bid for any lot(s) offered for sale at the Online Auction on its own account or on behalf of third parties, including on behalf of the seller.

17.3  Sell lots in combination, subdivide a lot(s) or change lot(s).

17.4  Withdraw any lot(s) if the reserve price, placed on that lot, has not been reached.

17.5  Hilco and or any Hilco related company may act as the seller in any Online Auction.

17.6  Temporarily or permanently stop the Online Auction.

17.7  Refuse to accept any Bid, including Autobids, for any reason and without any explanation to the bidder.

18.  IMPORTANT INFORMATION FOR EXPORT PURCHASERS

If you are intending purchasing items for export outside the Country where the Items (Equipment/Lots) are located, YOU MUST satisfy all of the following criteria in order for a VAT refund/zero rating to be considered:

Export Forms: The registered purchaser must complete the appropriate form showing the export destination and address, and the registered Buyer must be the party who is to receive the goods overseas and NOT their agent.

VAT Deposit: A deposit equal to the amount of VAT due will be taken and held by Hilco until satisfactory proof of export is received (NO EXCEPTIONS).  Purchasers from overseas should note that the VAT on the Buyer’s Premium is not recoverable.

Time Limit: Goods must be exported and documentary proof provided within three months from the date of purchase.  NO REFUNDS WILL BE GIVEN AFTER THIS PERIOD.

Proof of Export: Bills of Lading / fully completed CMR documents together with a letter of declaration must be forwarded to Hilco within three months of the date of purchase.  Bills of Lading / fully completed CMR documents must specify the goods with reference to lot numbers and description, and/or the purchase invoice reference number.  Consignee details on the Bills of Lading must match those of the registered Buyer on our registration form.

19.  GOVERNING LAW AND JURISDICTION

These Terms are governed by and will be construed in accordance with English law.  Each Party irrevocably submits to the exclusive jurisdiction of the English Courts for all purposes relating to these Terms.

20.  PREVAILING TEXT

The English text of these general terms and conditions prevails over any translations thereof.

 

 

 

This is a joint auction on behalf of the Administrators of Food Containers Manufacturing Limited by Hilco Appraisal Ltd t/a Hilco Valuation Services in conjunction with E-Auctions (PSRA License No: 001190)

Viewing Information:

  • Strictly by Prior Appointment -
  • Please contact E -Auctions
  • Tel: 045 883 554
  • Email: info@E-Auctions.ie
  • Website: www.E-Auctions.ie
  • PSRA License No: 001190

 

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