Common use of Storage Clause in Contracts

Storage. Should the Buyer not collect the lot/s within the aforementioned deadline, ART AUC- TIONS will store them at the sole risk and expense of the Buyer, in the premises for a further five working days. After this period, ART AUCTIONS will relocate the item/s (at the Buyer’s own risk and expense) to any warehouse deemed most appropria- te. The Auction House will inform the Buyer of the place where the item/s are kept. It is clearly understood that in order to collect the object/s the Buyer will have to pay, in addition to the Hammer Price plus Buyer’s Premium etc, any refund due to subsequent expenses incurred by the Auction House. If purchased lot/s are collected after the aforementioned deadline, the Auction Hou- se may debit the costs of storage (by month or part of a month) as follows: • 100 euro + VAT for furniture • 50 euro + VAT for paintings • 25 euro + VAT for works of art and all other lots in general.

Storage. Should the Buyer not collect the lot/s within the aforementioned deadline, ART AUC- TIONS AUCTIONS will store them at the sole risk and expense of the Buyer, in the premises for a further five working days. After this period, ART AUCTIONS will relocate the item/s (at the Buyer’s own risk and expense) to any warehouse deemed most appropria- teappropriate. The Auction House will inform the Buyer of the place where the item/s are kept. It is clearly understood that in order to collect col- lect the object/s the Buyer will have to pay, in addition to the Hammer Price plus Buyer’s Premium etc, any refund due to subsequent expenses incurred by the Auction House. If purchased lot/s are collected after the aforementioned deadline, the Auction Hou- se Auc- tion House may debit the costs of storage (by month or part of a month) as follows: • 100 euro + VAT for furniture • 50 euro + VAT for paintings • 25 euro + VAT for works of art and all other lots in general.

Storage. Should the Buyer not collect the lot/s within the aforementioned deadline, ART AUC- TIONS AUCTIONS will store them at the sole risk and expense of the Buyer, in the premises for a further five working days. After this period, ART AUCTIONS will relocate the item/s (at the Buyer’s own risk and expense) to any warehouse deemed most appropria- teappropriate. The Auction House will inform the Buyer of the place where the item/s are kept. It is clearly understood that in order to collect the object/s the Buyer will have to pay, in addition to the Hammer Price plus Buyer’s Premium etc, any refund due to subsequent expenses ex- penses incurred by the Auction House. If purchased lot/s are collected after the aforementioned deadline, the Auction Hou- se House may debit the costs of storage (by month or part of a month) as follows: • 100 euro + VAT for furniture • 50 euro + VAT for paintings • 25 euro + VAT for works of art and all other lots in general.