Terms for Timed Auction - June 10, 2020

32nd Annual Auction for Danella Companies Inc. This traditional live auction event at our Plymouth Meeting Location will take place with Timed On-Line Bidding only.

PA STATE MANDATE PLEASE NOTE: All Customers Entering The Plymouth Meeting, PA Auction Sale Site Must Wear A Face Mask At All Times While On The Sale Site.

TIMETABLE: Bidding will be available through Proxibid starting on Friday, June 5th, 2020. Lots will start closing on Wednesday, June 10th, 2020 at 9:00 AM Eastern Time. (4) items will close every (3) minutes, with additional time extension when bids are made in the last 90 seconds of lots closing.

Simple Online Registration: https://jjkane.proxibid.com - Proxibid help line, call 855-955-5263.

NOTICE: Everything will be sold absolute to the highest bidder regardless of price. Everything will be sold "As-Is" and "Where-Is" with no warranties or guarantees expressed or implied.

SALE SITE PHONE: (610) 674-1968
SALE SITE FAX: (610) 674-1969

AIRPORTS: Philadelphia International Airport is 26 miles from the auction sale site off I-476.
ACCOMMODATIONS: Hampton Inn Plymouth Meeting (610) 567-0900 & Best Western King of Prussia (610) 265-4500; Courtyard by Marriott Plymouth Meeting; Springhill Suites Plymouth Meeting
BUYER’S & ADMINSITRATIVE FEES: A 12% buyer’s fee will be charged on every lot sold. An administrative fee of $50.00 will be charged on all titled lots sold and a fee of $10.00 will be charged on all non-titled lots sold, regardless of the purchaser exemptions or residence.
Successful Bidders: Will be notified & invoices will be emailed approx 2 hours after the conclusion of the sale on June 10th. Full payment must be made by the close of business on Monday, June 15th unless agreed to in writing by J.J. Kane. PAYMENT TERMS: J.J. Kane has suspended accepting any payments in-person at physical locations. To pay your invoice we offer multiple options: Electronic Payment (ACH/Wire) Mailed in Check or Certified Funds or Credit Card Payments up to $10,000. • To make and electronic payment: Use link: https://www.jjkane.com/info/deposits-and-payments. Under Electronic Payments you will find our bank account information and routing number. • To mail or overnight a check: Remit to: JJ Kane Auctioneers, 1000 S. Lenola Rd., Bldg. 1, Suite 203, Maple Shade, NJ 08052 • All major credit cards will be accepted, up to a $10,000 maximum charge per customer per sale with no service fee. PAYMENT TERMS: Full payment must be made by the Monday, June 15th 2020, unless agreed to in writing by JJ Kane Auctioneers. Should Bidder fail to pay for any and all item(s) in full on the sale date, Bidder shall remain fully responsible for the purchase price and buyers fee. In addition to all other rights contained herein, if a default occurs and the full payment is not made on the sale date and as long as the default continues to occur, all outstanding financial obligations shall bear interest at the Interest Rate of 2% per month. The default interest rate shall apply from the date of the default through the time any judgment thereon is paid in full. If for any reason a court or arbitrator(s) deems this default interest rate excessive or impermissible, the arbitrator(s) or judge shall impose the maximum default interest rate permitted and all other terms contained herein shall remain valid and enforceable. JJ Kane Auctioneers shall be permitted to resell the item(s) and the Bidder shall be fully responsible for the difference of the purchase price along with the buyer’s fee and any additional cost regarding the resale of the item(s). Bidder understands that Bidder shall be responsible for all reasonable attorneys’ fees, court cost, default interest and other cost incurred by JJ Kane Auctioneers associated with the enforcement of this provision. Purchaser agrees to release, waive all rights against, indemnify and hold harmless the auctioneer and sellers.
FINANCING: Altec Capital Services offers a quick and easy credit process, and flexible and affordable finance options. For more information dial (888) 408-8148 or email finance@altec.capital.com. All financing must be pre-approved prior to the auction sale.
INSPECTION: Items may be inspected from Wednesday to Saturday, June 3rd to June 6th and Monday & Tuesday, June 8th & 9th, 2020 from 9:00 AM to 3:00 PM. No registration will take place on-site.
REMOVAL: June 11th & 12th & June 15th to 24th (Excluding Saturday & Sunday) from 8:00 AM to 4:00 PM. Everything must be removed by Wednesday, June 24, 2020 at 4:00 PM, with no exceptions. You MUST have a copy of your paid invoice/Bill of Sale or Hauler Sheet showing a $0 dollar or Paid in Full balance on the transaction when Picking Up the unit. Please be prepared to know your Bidder Number and or Lot Numbers of the units that you are picking up.
TRANSPORTATION SERVICES: Rob’s Towing (215) 826-0250; Janeway Towing (610) 828-1613; Superior Automotive (610) 792-4500, DAB Transport (816)-230-4135
NOTICE: The following section shall apply to the following vehicle mounted aerial devices (Hereinafter referred to as “aerial device”): a. Extensible boom aerial devices; and b. Aerial Ladders; and c. Articulating boom aerial devices; and d. Vertical towers; and e. A combination of any of the above. The vehicle may be a truck, a trailer, or an all- terrain vehicle. The successful purchaser hereby acknowledges that J.J. Kane Auctioneers has provided them with the owner’s, operator’s, parts/service and maintenance manuals for the aerial device purchased. If the owner’s, operator’s, parts/service and maintenance manuals are not available, the successful purchaser hereby acknowledges that J.J. Kane Auctioneers has provided them with a list of manufacturers that the successful purchaser must contact to obtain the manual(s). The successful purchaser hereby acknowledges that they shall be responsible to notify the manufacturer of the unit model and serial number along with the name and address of the new owner within sixty (60) days from the date of purchase. Upon completion of the sale, JJ Kane Auctioneers will notify the prior owner of the successful purchasers name and location.

Notice to Attendees:
Persons attending are notified that an Auction Site is a potentially dangerous place. Flammable, corrosive and pressurized substances are present, heavy equipment is being operated and electric circuits may be live. Every person at the Auction Site before, during and after the auction sale shall be deemed to be there at his or her own risk with notice of the condition of the premises, the activities on the premises and the conduct of third parties and any registered bidder shall so advise his agents and employees. No persons shall have any claim against the Auctioneers, their agents, employees or principals for any injuries sustained, nor for damages to or loss of property which may occur from any cause whatsoever. NOTICE: J.J. Kane Auctioneers or Seller(s) are not responsible for any inspections prior to or after purchase. All equipment or vehicles that require any type of inspection on the upper unit or chassis is 100% the bidder/purchaser's responsibility and expense. (ie: Cranes, Man Lifts, Buckets, Diggers, Construction Equipment, Trailers and Vehicles of any type). NOTICE: All Potential Bidders/Buyers: The safety and reliability of the equipment listed for sale cannot be ensured unless it receives regular inspections, tests and maintenance. The Seller or Auctioneer will not be responsible for equipment inspection reports before any equipment sale or failed equipment inspection reports after the equipment is sold. All equipment is sold As-Is, Where-Is with all faults, defects and modifications. The description of the equipment is for the purpose of identifying the equipment and DOES NOT CONSTITUTE A WARRANTY OR REPRESENTATION THAT THE EQUIPMENT SHALL CONFORM TO SUCH DESCRIPTION OR ANY CONDITION REFERRED TO THEREIN. J.J. Kane Auctioneers warrants only title to the equipment. The Seller or Auctioneer makes no representation or warranty of any kind, expressed or implied. It is the potential bidder/buyer responsibly to ensure that all equipment is given thorough inspections according to the manufacture recommendations by only those persons who are able to detect and assess defects and potential hazards that could limit the safe performance of the equipment functions. Purchaser agrees to release, waive all rights against, indemnify and hold harmless the auctioneer and sellers.
ADDITIONAL TERMS: Years on all construction equipment are all approximate and descriptions are merely physical observations. It is strongly recommended that all prospective bidders inspect the equipment offered and draw their own educated conclusions. Everything will be sold "As-Is" and "Where-Is" with no warranties or guarantees expressed or implied. Purchaser agrees to release, waive all rights against, indemnify and hold harmless the auctioneer and sellers.