Mecum definition

Mecum means Mecum Auction Inc. and its affiliates, successors, agents/employees, assigns, shareholders, directors and officers.
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Examples of Mecum in a sentence

  • Mecum Auction will charge a 15% commission on NO RESERVE items and 18% commission on RESERVE items based on the hammer price of each item.

  • Mecum Auction will charge a 15% commission based on the hammer price of each item.

  • Auctioneer – Mecum Auctions, Inc., a Wisconsin corporation (sometimes referred to as “Mecum”).

  • You expressly warrant and agree that neither Mecum, the Seller, nor any of their employees and agents are responsible for any unauthorized use of any Participant’s Bidder Number, including the submission of unauthorized bid(s) during the Auction.

  • You agree that You and Your agents shall maintain and keep in Your possession policies of liability, workers’ compensation and other applicable insurance, defending and protecting Mecum from liability for any injuries to persons or property occurring during any inspection prior to the close of the purchase of the Property.

  • By participating in the Auction, You represent and warrant to Mecum and to the Seller that you have received and read the Purchase Agreement and agree to its terms and conditions subject to insertion of Your name (as the Winning Bidder) and the purchase price as determined at the Auction.

  • Your participation in the Auction represents to Mecum that You have conducted all necessary research and due diligence that You deem appropriate or necessary to bid on the Property and that You have sufficient resources or financing options to purchase the Property under the terms and conditions of the Purchase Agreement.

  • This Agreement constitutes the entire Agreement between You and Mecum concerning Your rights and obligations as a Participant in the Auction.

  • Buyer’s Premium – auction services compensation due and payable by Buyer to Auctioneer equal to ten percent (10%) of the Winning Bid and shall be paid by the Buyer to Mecum upon execution of the Purchase Agreement.

  • Mecum Auctions will charge a 20% commission on all items based on the hammer price of each item.

Related to Mecum

  • Alliance means the Public Service Alliance of Canada;

  • MEC means a Member of the Executive Council of a province;

  • Marihuana means that term as defined in section 7106 of the public health code, 1978 PA 368, MCL 333.7106.

  • CTS means the market rules that allow transactions to be scheduled based on a bidder’s willingness to purchase energy from a source in either the NYISO or PJM Control Area and sell it at a sink in the other Control Area if the forecasted price at the sink minus the forecasted price at the corresponding source is greater than or equal to the dollar value specified in the bid.

  • Microenterprise means an enterprise which employs fewer than 10 persons and whose annual turnover and/ or annual balance sheet total does not exceed EUR 2 million as defined in Article 1 and Article 2(1) and (3) of the Annex to Recommendation 2003/361/EC as may be amended from time to time;