Incorporation by Reference of User Agreement. These User Agreement are specific to this auction and supplement our standard User Agreement applicable to all bidders on our marketplace. You hereby acknowledge and agree to the most recent User Agreement which are hereby incorporated by reference into these Terms and Conditions specific to this auction. In the event of a conflict between these Terms and Conditions specific to this auction and our standard User Agreement, these Terms and Conditions shall control. A link to our most current version of User Agreement can be found at the bottom of the page and on the Site Map which can be accessed at the bottom of each page on our marketplace website
THIS AGREEMENT is made the

 

 

Supplemental Seller Terms

 

By bidding on or offering to purchase any Asset listed under this sale, the Buyer agrees to be bound by these terms in addition to the User Agreement and the Listing Contract.

 

1. Insurance

1.1 Prior to accessing the Site for the purpose of inspecting, dismantling or removing any Asset, the Buyer shall provide the Company (via Liquidity Services) with evidence of public liability insurance covering property damage to the Site, including damage caused by fire, with a minimum cover of €2,000,000 per occurrence.

1.2 The Buyer's insurance policy shall include a waiver of subrogation in favour of the Company. Upon request, the Buyer shall provide the Company with a copy of the relevant insurance policy or certificate confirming compliance with this clause 1.

1.3 The Company may refuse the Buyer access to the Site until satisfactory evidence of the insurance required by this clause 1 has been provided.

 

2. Site Rules and Access

2.1 The Buyer and its employees, agents and contractors shall comply at all times with the Company's health and safety rules applicable to the Site, as notified to the Buyer in writing prior to the commencement of any on-site activities.

2.2 The Company may suspend the Buyer's access to the Site with immediate effect if the Buyer or any of its employees, agents or contractors fails to comply with the Company's health and safety rules. Any costs, losses or delays arising from such suspension shall be borne by the Buyer.

2.3 Prior to commencing any activities on the Site, the Buyer and each of its contractors shall provide the Company with: (a) a copy of their risk assessment and preventive activity plan for the works to be carried out on the Site; and (b) evidence that their employees, agents and contractors who will attend the Site have received appropriate health and safety training and information in accordance with applicable law. The Company shall provide the Buyer with information on the risks specific to the Site and the applicable emergency procedures.

 

3. Method Statement

3.1 Prior to commencing any dismantling or removal activities, the Buyer shall submit to the Company for approval a written method statement containing a detailed plan and methodology for the dismantling and removal of the purchased Assets, including risk assessments.

3.2 The Company shall not unreasonably withhold or delay approval. The Buyer shall not commence dismantling until the method statement has been approved in writing by the Company.

 

4. Site Damage

4.1 The Buyer shall be responsible for any damage to the Site, its buildings, infrastructure or other property of the Company caused by or arising from the Buyer's inspection, dismantling or removal activities, and shall promptly make good any such damage to the Company's reasonable satisfaction or, at the Company's election, reimburse the Company for the cost of repair.

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