Terms, conditions, explanations and information
Terms, conditions, explanations and information in addition to those listed on this page are found in the Buy section of this site and on the individual listing pages for all assets included in this auction. All terms, conditions, explanations and information are intended to be supplemental and complimentary to each other. They are incorporated by reference into this page, and collectively they govern this auction. In the event of a conflict or inconsistency among terms, conditions, explanations or information in the Buy section, the individual listing pages for assets and/or this page, the individual listing pages shall control this page and the Buy section, and this page shall control the Buy section. By registering to bid live and/or on the Internet, you agree to abide by all terms and conditions and you acknowledge receipt of all explanations and information made available by Purple Wave.

Bidding deadlines and listing completion
The items will begin to close one item per minute at 10:00 a.m. PDT on Wednesday, July 23 and will sell to the winning Internet buyers at that time. The items will close in the order listed on the website. This auction will feature our automatic extension system which grants a five minute extension to the end of the auction of any item receiving a bid during the last few minutes. The item will then close when five minutes have elapsed without any activity.

Buyer's premium
A 10% buyer's premium will be added to all winning bids, resulting in the total purchase price. Your Internet bids are a contract and you are responsible for honoring them.

Fees and charges for failing to timely remove or pay for items won
If the winning bidder's credit card information is on file with Purple Wave, that card will be charged for the total purchase price plus one $30 late payment fee if payment is not otherwise timely made. If no credit card information is on file or if the information is insufficient or outdated, a $30 late payment fee will be assessed for each partial or full day beyond the payment deadline for which payment is not made. If items are not timely removed as required above, a $10.00 handling and storage fee will be assessed per auction lot, per day. If an item is not removed within fourteen (14) days after the auction, the item will be considered abandoned property, with all of the buyer's rights and interests in the property extinguished. Purple Wave and/or the seller reserve the right to pursue all legal remedies.

Location information, also available from item view

• Torrance, CA
  Items are located at 19600 Van Ness Blvd. in Torrance, California.
  • Questions on the merchandise should be directed to Lucas Thornton via email at [email protected]. Please allow 24 to 48 hours for a response to your inquiry.
  
  
  • Merchandise is available for inspection on Monday July 21.
  
  
  • Merchandise will be available for pickup on Wednesday July 23rd till 5:00 p.m. PDT and Monday July 28fro 9:00am to 5:00pm ONLY. All merchandise must be picked up by 5 p.m. PDT. Purple Wave representatives will be available as security and lot location assistance only. Loadout labor will not be provided. Forklift is available upon request.

Payment information
All payments must be made to a Purple Wave location. Buyers who win via an Internet bid must pay for their purchased items by 3:00 p.m. on the second business day after the auction. Every day except Sunday is considered a business day. Cash and wire transfers (wire instructions) in any amount will be accepted. Checks up to $10,000.00 will be accepted without a bank guaranty letter. Checks of $10,000.00 or greater will be accepted only with a bank guaranty letter (letter requirements) or with prior approval from Purple Wave's credit department. MasterCard or Visa will be accepted only for charges up to $2,000.00, and only after email authorization or in-person signatures are obtained from the cardholder. Purple Wave reserves the right to hold assets and/or certificates of title until funds availability is confirmed.

Item removal requirement
Merchandise will be available for pickup on Monday July 28 ONLY. All merchandise must be picked up by 5 p.m. PDT. Purple Wave representatives will be available as security and lot location assistance only. Loadout labor will not be provided. Forklift is available upon request. A paid receipt must be presented to remove items from the premises.

Shipping
Purple Wave will provide a mechanism for shipping to the Manhattan, KS facility ONLY. Items will be shipped at $100 per pallet. Bidder invoices will not be combined. Existing pallets will not be restacked. Pallets will be built with the integrity of the merchandise as our priority. As a rule of thumb one item is one pallet, within reason. Third party shipment will be supported to the extent that minimal packing is necessary. Buyers must inform Purple Wave via email when third party shipment has been scheduled. All merchandise will be shipped on July 28 ONLY. All shipment arrangments must be made and communicated to Purple Wave by 3pm PST on July 24.

Questions
Questions on the merchandise and shipping should be directed to Lucas Thornton via email at [email protected]. Please allow 24 to 48 hours for a response to your inquiry.