The following highlights key sale terms and identifies sale specific terms. Sale collections and removal is being managed by PPL and the sale shall be subject to their complete terms of sale.  The following will highlight key buyer respsonsibilities; however, for full buyer terms of sale, please see the bidding site.

• INSPECTION: Date to be Announced
• PAYMENT DEADLINE: All payments are due by upon receipt of Invoice;
• BUYER’S PREMIUM: An 18% Buyer’s Premium will be added to the price of each item. 
• SALES TAX: Applicable sales tax (based on the purchased item’s location) will be assessed on the purchase price plus buyers’ premium, unless you provide acceptable evidence of sales tax exemption.
• REPRESENTATIONS: We do our best to provide information that will help Buyers to make purchase decisions, including indicating damage on items where known; however we do not guarantee descriptions or conditions. Further, neither Auctioneer or Seller makes any representation, guarantee or warranty as to the provenance, authenticity or operability of any items offered for sale.  If you are uncertain about an item, do not bid. All Items are sold ‘As-Is, Where-Is’, with all faults and without recourse. Buyer assumes all risks, and all sales are final. Note that all items are subject to prior sale and Auctioneer and Seller reserve the right to cancel the auction at any time.
• REMOVAL: Buyers are responsible to make arrangements for items to be removed during posted times.  For assistance with shipping or rigging, please see our list of unaffiliated, 3rd party rigger and shippers.  Buyers must bring all materials and manpower necessary to remove their purchases from where the items sit; we do not offer any loading or shipping services.  
• REMOVAL TIMES:
  • Date and Times to be Announced
• INSURANCE REQUIREMENTS: Any buyer or buyer representative picking up items which require dismantling, rigging, utility disconnection, forklift or other machinery use onsite, etc., will need to provide a Certificate of Insurance with the following limits: General Liability 1M per occurrence / 2M aggregate; Umbrella 2M per occurrence / 2M aggregate; Auto 1M (owned/non-owned/hired); Workman’s Compensation Liability at statutory limits, and name the following parties as additional insured: ThreeSixty Asset Advisors, LLC & PPL Group LLC.  See links on this page for Bidder or Rigger Insurance Requirement/Agreement.  These documents include the full insurance requirements and require a signature prior to removal.

The following highlights key sale terms and identifies sale specific terms. These, along with our General Terms & Conditions of Sale comprise the Complete Terms of Sale. To confirm your responsibilities as a buyer, please review the items below and view or download the General Terms & Conditions of Sale.

• INSPECTION: No in-person inspection will be offered for this sale;

• BIDDING: All items have a minimum opening bid amount. Should you bid this amount and no one increases the bid, you will be the winning bidder. Bidding occurs per the increment table accessible on the Live Auctioneers website. You may review the bid history on an item at any time. Note that if a high bid equal to your high bid is awarded to another bidder, this means they submitted a maximum bid for the same amount prior to your bid submittal.

• REPRESENTATION: We have attempted to provide detailed condition information where available.  Please be certain to view this information as all Items are sold ‘As-Is, Where-Is’, With all faults and without recourse. All Sales are Final.  We attempt to provide accurate information regarding item specs, condition, etc.; however, this is a bankruptcy liquidation auction, and as such we cannot guarantee descriptions or conditions. Please bid accordingly. Please use your own judgement and research to ascertain your opinion of value.

• SHIPPING: Shipping is NOT provided by Sales Agent or Seller. Buyers must pay for watches to be shipped and arrange pickup for the vehicle in TX – location to be provided.

• REMOVAL – Details to be provided.

• PAYMENTS: All payments are due upon receipt of Invoice, which will be emailed within 24 hours of the auction. You will find a “Pay Now” option on the invoice which will allow you to pay by credit card or ACH bank payment. These options only apply to purchases under $10,000. If you spend in excess of $10,000, we require payment in the form of a wire transfer. If you have not contacted us to arrange payment within 3 days of the time that invoice is sent, we will charge the credit card you used to register for the auction for the full amount listed on your invoice (or a maximum of $10,000 pending the balance by wire transfer if applicable).  Bidders paying by credit card will be assessed a 3% convenience fee.

• BUYER’S PREMIUM: A 5% Buyer’s Premium will be added to the price of each item.  The Buyers’ Premium will cover the cost of online bidding fees.

• SALES TAX: Sales tax will be assessed on the purchase price plus buyers’ premium, unless you provide evidence of sales tax exemption.  Bidders paying through the Live.Payments (Live Auctioneers payment portal) will need to comply with Live.Payments requirements regarding sales tax, which may vary from the terms otherwise stated. Bidders paying by wire transfer may have sales tax responsibility that varies from Live Auctioneers’ requirements.  See General Terms & Conditions of Sale for more details.

• DEFAULT: Upon award of bid, Buyers are deemed responsible for a non-refundable 25% deposit. While Auctioneer may elect not to collect the deposit in good faith, in the event of a Buyer default, Buyer’s acceptance of these Terms of Sale, evidenced by their participation in the auction, shall serve as Buyer’s authorization for Auctioneer to pursue whatever means necessary to collect upon the 25% deposit as liquidated damages, including charging its credit card on file. In addition to the collection or retention of Buyer’s deposit, Auctioneer may report Buyer’s failure to perform on its obligations to the LiveAuctioneers rating system impacting Buyer’s future ability to participate in future LIveAuctioneers auctions.

• See the General Terms & Conditions of Sale for complete buyer obligations.

To participate in the sale:

• • NON-DISCLOSURE AGREEMENT: You must complete a non-disclosure agreement, before receiving an additional information. Request and NDA must be properly completed and information must be verifiable by ThreeSixty to ThreeSixty’s and Trustee’s satisfaction in order for NDA to be accepted.  
  • DUE DILIGENCE: Bidders must conduct their own due diligence. However, ThreeSixty will attempt to support any information requests made.
  • BIDDING QUALIFICATION: Interested Parties will need to Qualify for participation.  
    • Specific Terms will be posted here soon.
  • RIGHTS RESERVED:  ThreeSixty and the Chapter 7 Trustee reserve all rights to modify timing and sale process as necessary and at their sole discretion in conformity with the court order.