1. I authorize Northern Lights Breeders Group Inc. to advertise and sell the horse at a public auction and to transfer title of the horse to the highest recognized bidder.
2. FEES In addition to the Entry Fee, I agree to pay Northern Lights Breeders Group Inc. the sales commission of 8% of the sale price computed on the final accepted bid at the Sale. I understand that I have the right to “pass-out” the horse at the pass-out fee of $150. Northern Lights Breeders Group Inc. is authorized to deduct all sums due from my proceeds and in the event of any deficiency; I agree to immediately pay Northern Lights Breeders Group Inc. the balance due.
3. I understand that Northern Lights Breeders Group Inc. reserves the right to: (a) determine the order of sale of all horses as set forth herein; (b) examine the horse and make such catalog corrections and announcements as Northern Lights Breeders Group Inc. deems appropriate, without incurring liability to any party.
4. I agree, at the TIME OF ENTRY, to deliver to Northern Lights Breeders Group Inc. the following documents in a form satisfactory with respect to the horse: (a) copy of the original certificate of registration; (b) all transfer reports and other items required to transfer registration of the horse to the buyer. I agree, PRIOR TO THE SALE, to deliver to Northern Lights Breeders Group Inc. the originals of the aforementioned documents.
5. SELLERS GUARANTEE: I represent and warrant to the buyer and to Northern Lights Breeders Group Inc. the following; (a) the horse is sound of eyes, wind, limbs and mouth; (b) the horse is not a “cribber” or a “weaver”; (c) the sex and condition as to a stallion, gelding or ridgeling be as described in the Sale catalog; (f) that I will disclose any and all unsound conditions, defects, blemishes or bad habits the horse may have.
6. I agree to deliver the horse to the Sale location no later than 2:00 p.m. the day before the Sale date for vet inspection.
7. I agree to supply the buyer with a halter and lead rope upon completion of the sale.
8. I understand that PAYMENT TO CONSIGNORS will take place on the 10 banking days after the day of the Sale and providing there are no disputes or unsettled claims against me.
9. I agree to indemnify and hold Northern Lights Breeders Group Inc. and its shareholders, auctioneers, agents, employees, contractors and representatives harmless from all claims, expenses and costs (including, without limitation) arising out of: loss or damage to property and injury or death of persons or livestock caused directly or indirectly by me, my agents or employees.
I AGREE TO THE ABOVE CONDITIONS & UNDERSTAND I AM BOUND BY THEM