FEATURED ITEMS |
|
AUCTION TYPE |
Live Onsite & Webcast Auction Bid Onsite or in Real-Time Over the Internet |
EQUIPMENT LOCATION |
44 Tobey Road Bloomfield, Connecticut 06002 USA |
AUCTION DATE |
Tuesday, November 13, 2012,
10:30
AM
(ET) |
OPEN HOUSE INSPECTION |
Monday, November 12, 9 AM to 4 PM |
RIGGING/SHIPPING |
General Graphics John Tremblay Phone: 518-885-8539 Email: johnt@gengraph.net |
PROJECT SPECIFIC TERMS & CONDITIONS |
Buyer's Premium: 10% Onsite
& 13% Webcast Payment Due In Full: Thursday, November 15, 2012 Payment Types: Cash, Certified Check or Wire Transfer Removal: Final Date For Removal is Friday, November 23, 2012 |
MAN ROLAND PRESSES - SALE
TERMS & CONDITION |
Up until November 12 the Man
Roland Presses will be offered by private negotiation subject to the
secured creditors (TDEF) approval. The Man Roland presses will not be
included in the auction. If any of the Man Roland presses have
not been sold by November 12, 2012 Thomas Industries shall offer to
sell the unsold press or presses by soliciting sealed bids from prior
or new bidders under the same format utilizing the applicable Purchase
Offer and Sales Agreement but subject to reserves (or minimum bid
price(s) to be established by TDEF, at its sole discretion. TDEF shall
have the right to reject any bid that is less than the applicable
minimum reserve amount. The bids will be mailed to and received no
later than the close of business Nov 20, 2012 by secured party’s
attorney’s office Michael Maglio, Attorney -Robinson Cole-280 Trumbull
Street Hartford, CT 06103-3597 860-275-8200 along with a 10% deposit
made out to Attorney Michael Maglio Escrow Agent. The bids will be
opened on November 21, 2012 subject to TDEF’S approval a bid will be
awarded. |