Type: 15-GMI-1000-1200-77; 1200A; 15 KV; 3P; Removed from Service September 2022; Tag: 250657 | Location: 2-F25
All items in this auction are sold "AS-IS"
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All quantities are plus or minus two percent (+/-2%)
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Payment in full is due no later than 12:00 Noon ET on Friday September 30, 2022
Buyers who do not make payment in full by Payment Deadline will be charged an additional 2% of their invoice total or $50 whichever is greater.
The Removal Deadline for all items in this auction is Tuesday October 4, 2022
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Bidding for items will begin to close at 11:00 AM ET on Tuesday September 27, 2022. The items will close in the order listed on the website. This Auction will feature automatic bid extension, which will grant a four (4) minute extension to the end of the auction of any item receiving a bid during the last four (4) minutes. The item will close when four (4) minutes have elapsed without any bidding activity. All internet bids are treated as if they were given at a live auction. All Bidders will be held accountable for their internet bids. Your internet bids are a contract and you are responsible for honoring them.
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Bid Total Under $1500.00:
- Acceptable forms of payment are Credit Card, Money Order, or Certified Check.
Bid Total Equal To or Greater Than $1500.00:
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This is an Internet-only Auction, which means the highest bid online when the bidding closes on a particular item will be the winning bid for that item.
Buyer is required to remove all items in the lots purchase by the removal deadline. If the buyer does not remove an item within the stated removal period, Yellow Tag Auctions, LLC and the Seller may, at their sole discretion, deem the Asset to have been abandoned by the Buyer and the Buyer will have no further rights with respect to the Asset. Buyers, outside contractors, including riggers and machinery movers, will not be allowed to work on the Seller's premises.
Unclaimed items are subject to additional fees and may be disposed of. Items not picked up by removal deadline will be considered abandoned. Abandoned items will be subject to a $50 per lot/per day storage fee and may be disposed of if remaining on site after the removal deadline.
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In the event of a loss of the Goods prior to when risk of loss passes to a buyer, SELLER’S SOLE LIABILITY TO BUYER FOR SUCH LOSS SHALL BE TO RETURN BUYERS PAYMENTS TO THE EXCLUSION OF ALL OTHER REMEDIES. IN NO EVENT SHALL SELLER BE LIABLE TO BUYER FOR ANY OTHER DAMAGES INCLUDING DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, STATUTORY, PUNITIVE OR EXEMPLARY DAMAGES, LOSS OF PROPERTY, PERSONAL INJURY, AND LOSS OF PROFIT OR OTHER ECONOMIC LOSS, REGARDLESS OF THE NATURE OF THE CLAIM OR THEORY OF RECOVERY.
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THE GOODS ARE BEING SOLD “AS IS” AND “WHERE IS.” Seller represents and warrants only that (i) Seller has the legal right to sell the Goods; and (ii) the Goods are free and clear of all mortgages, liens, pledges, security interests, taxes, charges, claims, restrictions and other encumbrances. SELLER MAKES NO OTHER WARRANTY OF ANY KIND, INCLUDING WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. SELLER MAKES NO REPRESENTATIONS REGARDING THE CONDITION OF THE EQUIPMENT, INCLUDING BUT NOT LIMITED TO WHETHER THE EQUIPMENT IS COMPLETE, IS IN WORKING ORDER, OR MAY BE REPAIRED TO WORKING ORDER.
Bidding in this auction has ended.
This online auction features a variety of Electrical Equipment and Supplies. Highlights include Circuit Breakers, Air Circuit Breakers, Transformers, PLC Components, Motors, Enclosures, Fuses, Switches, Drives, Power Distribution, Hardware, Supplies and Much More.
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