Auction terms: This agreement is legally binding. It describes the buyer and B2B Auctions rights and obligations in connection with the services that B2B Auctions provides through this site. It is a condition of enrollment that you have read and understood the agreement. It is free to sign up with B2B Auctions. When you register, you declare your agreement with the terms of this Agreement. 1. B2B Auctions is an Internet-based platform that offers trade between companies. This means that only companies with a valid CVR / VAT number can be registered as a buyer. All applicants CVR / VAT res validated in registers in the applicant's home country. 2. All buyers and sellers registered CVR / VAT must originate for countries approved by the Danish Foreign Ministry, as well as comply with EU sanctions, to trade on B2B Auctions. 3. You must be over 18 years old to register and use B2B Auctions. Otherwise, orders will be canceled immediately. 4. Winning bids are conferred with buyer’s commission and subject to VAT. The buyer commission is shown in the verification information to the bidder, during the auction. 5. B2B Auctions can not be held liable for an object's condition, legality and environmental characteristics, the described list is not complete in every way. 6. Everything is sold in the condition in which it-is, without liability for B2B Auctions. a) If there prior to an auction has been the possibility of inspection, complaints are dismissed. b) If there has not has been possibility of inspection, then the buyer, within 10 days after the auction, can deliver the purchased object back to the seller, but only in cases were the object does not match the description. Logistics cost is the buyer's responsibility, also in case of returning. From auction closure the bought objects, is stored at buyer's risk. 7. In the case of the sellers lack of ability to supply, no matter whatever reasons, the auction bidder disclaims the right to claim or sue for a replacement, or any loss. The auction Winner is only entitled to a full refund of the full auction bid, and no additional cost. 8. This is B2B trade, for commercial purposes, and buying regulations about 14 days cancelation rights, (B2C law) is not applicable. 9. It is forbidden to bid on "own" auctions. Likewise, B2B Auctions will close any auction suspected of attempted fraud or other forms of fraud. 10. The Auction system is constructed such, that a new winning bid extends the auction for a further 10 minutes after the scheduled closing time. The auction ends when the highest bid, above the minimum price, has been unchanged for 10 minutes. 11. Minimum bid incensement raise in relation to revenue as shown here: 1 - 5.000 DKK min. bid increases at 100 DKK + Possible VAT 5.001 - 25.000 DKK min. bid increasing at 200 DKK + Possible VAT 25.001 - 50.000 DKK min. bid increasing at 500 DKK + Possible VAT 50.000 - 125.000 DKK min. bid increasing at 1.000 DKK + Possible VAT 125.001 - and up DKK min. bids increase by 2.000 DKK + Possible VAT 12. Buyer commission fairly decreases in relation to revenue, spanning from 20% 5% 13. The total on the invoice will be: Your winning bid + Buyer's commission + Invoice fee DKK. 100.+ Possibly. VAT. DKK 14. Any highest bid - also below the minimum price, are legally binding until 16:00 (CET) the following business day after an auction is closed. If an auction did not achieved the minimum price, the seller can choose either, to accept the received highest bid, or through the sellers handling partner, make a counter offer to the bidder. 15. When bids, after the auction end, is above the minimum price, the winner will receive an e-mail confirming the purchase, attached with an invoice. When bids, after the auction end, are below the minimum price, the seller has the right to accept the highest bid before 16.00 (CET), the following business day. The bidder will receive an e-mail notification if seller chooses to accept highest bid. 16. All purchases of auction items and / or additional services are invoiced directly by e-mail in the hours after the auction end, invoice fee at DKK 100.00 + Possible VAT. This invoice is paid directly into the independent financial third party account, whom handles and ensures cash flow to all parties. The deadline of the payment is 8 calendar days from the invoice date. If the payment is not received in B2B Auctions system within the specified payment period, this will be considered as neglect of the agreement under B2B Auctions terms. The result being, that the deal will be canceled without warning. The buyer is however still obliged to pay the buyer commission to cover the costs, the amount is at least 2,000. DKK and maximum 10.000 DKK. + Possible VAT. 17. When the payment is received at third part bank, the buyer and seller are both informed with contact details to each other by e-mail from B2B Auctions. The buyer must contact the seller within 14 days and arrange the pickup. 18. All objects are sold from the specified Location or Zone, Questions- please read B2B Auctions Privacy Policy and see our Zone Map. 19. The buyer must collect all bought objects within 30 days of auction end. If an object is not collected within the 30 days, B2B Auctions has the right to sell the object again. Buyers who do not pick up in time, will only be compensated the part of the purchase price that exceeds 30.000 DKK + Possible VAT. The seller is entitled to deduct any reasonable additional costs, which the seller may have been applied to, due to the lack of pickup. 20. B2B Auctions can not be held responsible for lack of access to the auction site for any reason. 21. B2B Auctions reserves the right to change the terms. If this happens, the bidders will be informed and in connection with login, the bidder must approve the altered statutes. 22. The bidder acknowledges that my personal data can be used to receive marketing communications relating to products and / or promotions from Skandinavisk Service Partner Group, through the information you have given. This can be canceled at any time by e-mail to [email protected] " 23. B2B Auctions transmit data that we have been given by you, only to our approved service suppliers who have a direct part in the implementation of the total trade. B2B Auctions will not disclose information to third parties that are not a direct part in the implementation of the overall trade. 24. B2B Auctions, is registered in Denmark on Bødkervej 5, 4450 Jyderup. CVR number, 33084110 e-mail: [email protected]. Any dispute is subject to Danish law and settled by the Copenhagen City Court under current law. 25. VAT rules are always in full compliance with Danish VAT law. Objects, commission and services bought are subject to VAT. B2B Auctions will help and assist our customers, but can not be held responsible for VAT claims that might follow if buyers applied documentation is untrue, fraud or unfulfilling. Domestic buyers (Danish Businesses) always pay VAT on commission, services and most objects. Matters such as export destination and documentation determinates the right to buy without VAT- or right to refund.
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