Auction Terms & Conditions BIDDING OPENS: Tuesday, August 30, 2022. BIDDING ENDS: Thursday, September 8, 2022 at 4:00 p.m. central time PREVIEW DATES: Saturday, August 27, 2022 from 8:00 a.m. to 12:00 p.m. central time PAY / PICK-UP DATE: Saturday, September 10, 2022 From 8:00 a.m. to 2:00 p.m. central time . TERMS: Buyer's Premium: There will be a 10% Buyer’s Premium added to the winning bid. The sum of the winning bid plus the Buyer’s Premium will be the sale price. Online registration: Bidder verification is required. This requires that the bidder register with a credit card, but the information will not be retained. This proves the bidder's identity to prevent fraudulent bidding. If there are any questions regarding online registration contact Alexander and Galloway at 270-668-9877 or email chris@alexanderandgallowayauctionco.com. Alexander and Galloway Online Auctions are timed events and all bidding will close at the specified time. Alexander and Galloway Online Auctions also have an auto-extend feature. If a bid is placed in the final 3 minutes of an auction, the close of the auction will be automatically extended 3 minutes from the time the bid was placed. For example: if an auction scheduled to close at 6:00 receives a bid at 5:59, the close time will automatically extend 6:02. The auto-extend feature remains active until no further bids are received within a 3-minute time frame. Please monitor the countdown timer to see when the lot will close. Staggered Closing: This online auction closes in intervals. Depending on how large (# of lots) an auction is, then we set the auction to close so many lots at a time. If it is a large auction then it will be 75-100 lots at a time. If it is equipment and has 150 lots or less, then we will close the auction approximately 10-25 lots at a time, all in 3-minute intervals. Please monitor the countdown timer to see when the lot will close. Please check the auction announcements for detailed information regarding these intervals. This feature works great with the auto-extend feature to closely emulate a live auction. All property is sold in “AS IS” and “WHERE IS” condition. ALL SALES ARE FINAL! Bidder understands and agrees that no refunds, exchanges, adjustments, chargebacks, etc., will be allowed. Property is available for inspection at specified times and it is the bidder's responsibility to determine the condition. Bidder's failure to inspect any item or lot will not constitute grounds for any claim, refund, adjustment, chargeback, etc. All description information has been gathered from sources which we believe to be reliable but is not guaranteed. Auctioneer makes no warranty or guarantee of any kind with respect to condition, authenticity, provenance, source, condition, suitability for a particular purpose, etc. The auctioneer reserves the right to change, modify, delete any item or lot or description in the auction as may be necessary. No Shipping Storage of Personal Property Items: Any item stored at a Alexander and Galloway Auction Companyfacility exceeding 48 HOURS will be subject to a $45 per day storage fee. Forfeiture of Items: Any item/lot that has not been paid for or picked up from any Alexander and Galloway Auction location within 5 days will, at Auctioneer's discretion, be discarded or resold with proceeds retained by the Auctioneer. SALES TAX: Kentucky Sales Tax (6%) will be added to the sale price. Dealers or other exempt parties must provide proper documentation to Auctioneer before bidding. SERVER & SOFTWARE TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software, or any other online auction-related technologies, Alexander and Galloway Auction Company reserves the right to extend bidding, continue the bidding, or close the bidding. NEITHER THE COMPANY PROVIDING THE SOFTWARE nor ALEXANDER AND GALLOWAY AUCTION COMPANY SHALL BE HELD RESPONSIBLE FOR A MISSED BID OR THE FAILURE OF THE SOFTWARE TO FUNCTION PROPERLY FOR ANY REASON. Email notifications will be sent to registered bidders with updated information as deemed necessary by Alexander and Galloway Auction Company. Agency: Alexander and Galloway Auction Company Agents and Representatives are agents of the Seller. Buyer and or Bidder agrees to hold harmless and indemnify Alexander and Galloway Auction Company and its Agents and its Representatives from any and all claims, damages, or suits including but not limited to awards, judgments, costs, fees, etc. Alexander and Galloway Auction Company, reserves the right to alter this agreement at any time. This will take place by updating this site. Please check back and review these terms as every time you use this site you are agreeing to the terms as they are written at that time. Auction company employees and/or auction company may bid on and purchase auction items. BIDDER DEFAULT: Failure to complete a purchase is illegal and will result in one or more of the following (1) prosecution (2) loss of bidding privileges with Alexander and Galloway Auction Company. If a bidder at any time feels his/her username, password, or bidder number has been compromised due to lack of security by the bidder, notify Auctioneer immediately. For additional information, contact Alexander and Galloway Auction Company @ 270-668-9877. TIME IS OF THE ESSENCE in regard to all auction terms