Auction company definition

Auction company means a sole proprietorship, partnership,
Auction company means a sole proprietorship, partnership, corporation, or other legal or commercial entity licensed under chapter 18.11 RCW that only sells or offers to sell vehicles at auction or only arranges or sponsors auctions.
Auction company means any person who, for com- pensation, takes possession, whether on consignment or in the form of a bailment or any other arrangement, of a motor vehicle owned by a motor vehicle dealer and offers it for sale at an auction that is open only to motor vehicle dealers or wholesalers.

Examples of Auction company in a sentence

  • Any third party Buyer Broker is not a Subagent of Auction Company.

  • If any legal action is required to enforce this agreement, or to collect any fees or costs earned or advanced pursuant thereto, the Seller or Auction Company shall be entitled to recover any and all costs of such action, including, but not limited to, the expenses and court costs of the action and a reasonable attorney’s fee.

  • It is agreed by all parties that in the event the Purchaser fails to close and pay his/her balance when due, Seller and Auction Company reserve all rights allowed by law and the Sales Contract, including a suit for damages, specific performance or cancellation of the transaction, with the Seller to retain the Down Payment.

  • The Auctioneer is acting exclusively as the agent for the Seller in this transaction and is to be paid a fee by the Seller pursuant to a separate written agreement between Seller and the Auction Company.


More Definitions of Auction company

Auction company means a person taking possession of a motor vehicle owned by another to sell at an auction.
Auction company means a person who manages an auc- tion or who has primary responsibility for handling sales pro- ceeds, downpayments, earnest money deposits or other trust funds received by an auctioneer, the person’s principal or any other per- son at or as a result of an auction.
Auction company means any person or persons who, as a part of its business, arranges, manages, sponsors, advertises, or carries out auctions.
Auction company means a person who engages in the business of arranging, managing, sponsoring, advertising, or conducting auctions.
Auction company means an entity:
Auction company or "Auction Company's" licensor retain ownership of the "App" and they reserve all rights not expressly granted to you. The terms of this License Agreement will govern any software upgrades that replace and/or supplement the "App", unless such upgrade is accompanied by a separate license agreement, in which case the terms of that license agreement will govern such upgrade. Subject to the terms and conditions of this License Agreement, you are granted a limited non-exclusive license to install and use the "App" on a mobile device owned or controlled by you. You may not rent, lease, lend, sell, redistribute or sublicense the "App".
Auction company. Auction Company's" Licensor, nor the auctioneer is your employee, agent, representative, or contractor with respect to any auction in which you may participate. "Auction Company" is providing an internet based service through the "App" that enables you to place a bid with an auctioneer at a live auction. The auctioneer for any given auction is retained by "Auction Company" to conduct that given auction.