All equipment is sold as is, where is and without any actual or implied warranty. All bids are taken in good faith and do not require any contract agreement. At this time, AEL does not charge a buyer's fee or have a buyer's premium. All bids are to be honored by the Bidder, for a term of no less than thirty days. Bids that are not honored by the Bidder will result in loss of bidding privileges wit
h AEL. AEL does not determine time lines on the sale of equipment or lots. The Bank reserves the right to accept or decline any bids and to resubmit equipment or lots for further bidding as they see fit. If awarded any equipment or lot, payment is due in full to AEL within seven days of invoicing. Accepted payment methods are wire transfer or certified funds only. The Buyer is responsible for any and all arrangements and fees associated with the loading, packing, crating, shipping and freight of all purchases. The Buyer must remove purchases within ten days of invoicing unless prior arrangements have been made, if not, AEL reserves the right to charge storage fees from that date. Purchases that are not removed within thirty days of invoice date can and will be considered to be abandoned and will be resold at AEL’s discretion. All deposits and payments are non refundable.
