Arrows Grand Prix International Limited

CTS
Contact: Jeff Nielsen
Phone: 800-831-0030
Fax: 800-535-6155
Email:jnielsen@ctsmail.com
Web Address:http://www.moveit.com
Internet Quote Site: http://www.moveit.com/dovebid/

Your source for full-service logistics and transportation of all types of equipment. CTS is a full-service transportation and logistics company Specializing in your auction shipment needs. For 24 years CTS has provided shippers with blanket-wrap trucking, domestic and international Airfreight, packaging services and truckloads at competitive costs. Contact us today for a quick rate estimate.

Meridian Worldwide Transportation Group
Contact: Josh Levine
Phone: 800-676-6683 ext. 232
Cell: 510-714-5625
Fax: 510-354-6489
Website: :http://www.mwwlogistics.com
Email: :josh@greaterbay.com

Local, Domestic and Around the World - Meridian provides a complete range of Transportation and Logistics Services. Our experienced staff routes shipments by Land, Air and Sea based on customer requirements for a cost-effective, dependable service. Specialized services at Origin and Destination are available - Rigging, Packing, etc… Our domestic and international network of logistics centers and professional agents allows us to provide warehouse and distribution services on demand. We have over 40 years of experience fulfilling requests as fundamental as local hauling and as complex as transferring a manufacturing plant overseas. Customer Service attributes include clear communication with customers and attention to detail.

Meridian’s global agent network is positioned to fulfill the end to end shipping needs of DoveBid’s auction buyers.

* Rigging and removal services
* Local Pick-up from auction site
* Packaging for Air or Ocean transportation
* Transportation in-country, regionally and abroad
* Ship Door to Door by Truck, Sea and Air
* Import & Export documentation
* Customs Clearance - Import & Export
* Specialists in Europe and Asia
* Support Auction customers based in the U.S. and abroad

1. Auction Information:
   • The auction to be conducted in English.
     
   • The acceptable currency is UK Pounds (GBP). During the auction, the bids will be shown in different currencies on the webcast screen. Also refer to Exchange Rates.
     
   • Bidders may participate the auction at the auction location in-person or via DoveBid webcast software.
     
   • Live & Webcast Auction Help
     Please read "Live & Webcast Auction Help" for information you need to know to participate in a DoveBid Webcast Auction. A list of information regarding Webcast bidding steps, Webcast software download, Common questions & answers are also available.
     
   • Worldwide Phone Numbers (for registered bidders only)
     In order to dial-in and place bids during this webcast auction, registered bidders please refer to the Worldwide Phone Numbers table. They are available for you to dial in from the country where you are resided.
     
2. Payment Information:
   • Invoices will be emailed or faxed to successful webcast bidders within 24 hours of the close of the auction.
     
   • All invoices have to be paid by Monday 23rd June 2003.
     
   • Applicable taxes will be added to the purchase price of all taxable items. Collection of applicable taxes will be in accordance with the laws of the state where the purchased asset is located.
     
   • Buyer's Premium: The purchaser will pay a buyers premium of 10% in the auction room, 13.5% buyers premium for buyers over the web, on the hammer price plus Value Added Tax at the standard rate. The premium is not negotiable and will be charged to all purchasers. The buyer agrees that the auctioneer when acting as agent for the Vendor may also receive a commission form the vendor.
     
   • All funds are to be paid in UK Pounds (GBP).
     
   • Acceptable methods of payment include cash, bankers draft, and bank transfer.
     BANK DETAILS:
     DOVEBID CLIENT ACCOUNT NO: 2
     LLOYDS TSB BANK PLC
     114-116 COLMORE ROW, BIRMINGHAM
     ACCOUNT NO: 02499620
     SORT CODE: 30-00-03
     
   
   
3. Removal Information:
   • Site is open 9.00 a.m. to 4.30 p.m. Monday to Friday.
     All goods must be removed by 4.00 p.m. 4th July 2003.
     
   • Buyers are responsible for removal of assets and all shipping and rigging charges.
     
   • All items are sold AS IS, WHERE IS AND WITH ALL FAULTS.
     
   • For more information, visit Shipping Information.
   
   
4. Please forward all comments or questions about this auction to CustomerService@DoveBid.com.
   

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. 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. By making a bid for any lot, the person making the bid upon and 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 therefrom. Any bid shall be deemed to be an offer by the buyer (a term used herein as including the bidder and any principal or employer of the bidder) to purchase any lot tendered upon te 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.
   
2. 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 and 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.
   
3. 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.
   
4. 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.
   
5. 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, itions and warranties as to the condition, quality, description or fitness for any purpose whatsor the Seller will be bound by or liable for any representation of any kind whatsoever, whensoemage whether caused by negligence or otherwise of either or both or of their servants or agents hall be liable for any loss of profit, business or production or similar or other loss whether direct or indirect or consequential, however caused . In the circumstances any potential buyer 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 Auctioneer either as representations or to be relied upon.
   NB. A sale by auction is not a consumer sale. Sale of Goods Act 1893 Section 55(7) and Unfair Contract Terms Act 1977 Section 12(2). 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.
   
6. 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.
   
7. HEALTH AND SAFETY AT WORK ETC ACT 1974. It is expressly brought to the buyers 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 Etc Act 1974 or any other Act or Acts or Regulations thereunder governing the use of that plant, machinery or equipment in a working environment . Successful buyers for any such plant, machinery or equipment are hereby required to ensure that the use of any such at a place of work within the United Kingdom does not contravene such relevant Act or Regulation thereunder applicable thereto.
   
8. TOXIC CHEMICALS AND DANGEROUS SUBSTANCES. It is expressly brought to the attention of buyers (successful or otherwise) 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 the Health and Safety at Work Etc. Act 1974 Section 2-9, or any other current legislation covering the use of such substances in a working environment.
   
9. 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 purchaser, his agent, carrier or man employed by him, has removed his lot or lots from the premises.
   
10. 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.
    
11. 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 >
    
12. 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 eiver and Manager appointed or foes 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 automaticallyritten 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 4.
    
13. 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.
    
14. These Conditions shall be construed in accordance with and governed by English law save in respect of sale in Scotland and Northern Ireland which shall be construed in accordance with and governed by Scottish and Northern Irish law respectively.
    
15. The purchaser will pay the buyers 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 purchasers. The buyer agrees that the auctioneer when acting as agent for the Vendor may also receive a commission form the vendor.
    
16. The Vendor and their agents act only as agents of the company and without personal liability.
    
17. All software is excluded from any lots sold.
    
18. Dovebid reserve the right to bid on behalf of their clients.
    
19. All lots will be sold in accordance with the conditions of sale.