B3-CV-22-D Flender MD Helical gear units vertical mountin Bevel-helical speed reducers B3

Flender/Flender Gear Units/Bevel-helical speed reducers B3

planation. The Seller reserves the right to merge or split some lots and to withdraw items from the sale. *Ryncor reserves the right not to accept the highest bid or any other bid ! *Ryncor reserves the right to negotiate with the Buyer better price if the Seller rejects the highest bid. *The negotiated price shall not be less than the highest bid received on auction/tender 4The Seller reserves the right to withhold delivery of items to any successful bidder until full payment is received. 5Buyers will take full responsibility for the items as soon as final payment is received by Ryncor Auctioneers. 6After awarding of the winning bid(), the purchase price plus 5% Buyers commission and VAT applicable of 1% , must be transferred within 4 hours to Ryncor Auctioneer' bank account: Bank: ABSA Branch: Pretoria North Branch code: 6 Account Number: 4 Please state your reference number (Example: PSEC0) as shown on the Pro-Forma Invoice on all payments made to this account and fax or ePrice proof of payment to 0 6 5 / info Siemens Flender ryncor HB series gearbox All cash deposits including ATM cash deposits into this account are subject to "Cash Deposit Fee" of R1.6 per R1.0 6.1If invoices are being paid by cheque or bank guarantee cheque, there will be 1 day waiting period before the collection of the items can proceed. 7Foreign Buyers will be refunded for the VAT after receipt of the original exportation documentation properly stamped to prove that the export has been carried out. 8Should the Buyer fail to proceed to pay in full within 4 hours or cancel his bid, Ryncor Auctioneers will be entitled to penalty fee amounting to 2% of the bid amount from the Buyer, as compensation for admin costs. Important Notice: - If financing is arranged through Financial Institution, it must be noted that the required evaluation / approval / inspection of the commodity being purchased from Sasol, be done