For a Dispute Claim to be considered, without penalty, you must review the Equipment and submit a Dispute Claim prior to the first occurrence of any of the following:
- Transportation via Common Carrier – Equipment delivered to (a) the Buyer’s designated location within the United States or Canada for Equipment sold from the United States or Canada or (b)to the Buyer’s designated location within the European Union member states, Switzerland and Norway for Equipment sold from such countries, subject to Lapse of Time provisions above.
- Export – At the time Equipment leaves the appropriate port of export, if the Equipment is to be delivered outside the country where the Equipment is located, subject to the Common Carrier provisions above of Equipment located in the United States and Canada.
- Disassembly – The moment the buyer, agent or representative begins disassembly of Equipment from its “as-inspected” state, including disassembly for transport.
A Dispute Claim will be considered subject to a penalty (equal to 50% of the final dispute resolution value) if submitted after the first occurrence of any above-mentioned period and prior to the twenty-fifth (25th) business day after the date of the sale.
You may choose to waive any resolution and resell the item through a Global Machinery Auctions, auction, at the cost of the deductible (Equipment must be located in a country Global Machinery Auctions is authorized to sell from and all Dispute Conditions listed below must be satisfied).
Any Dispute Claim submitted after the twenty-fifth (25th) business day will not be considered, with or without penalty. At the time of Export and/or Disassembly (as defined above) you surrender your right to any unresolved Dispute Claim on the Equipment and any future Dispute Claim, on that piece of Equipment, will not be considered with or without penalty (unless Global Machinery Auctions has provided their written permission). You may decide to resell the item through a Global Machinery Auctions at the cost of the deductible (Equipment must be located in a country Global Machinery Auctions is authorized to sell from and Dispute Conditions listed above must be satisfied).