Secured creditor sale

By order of the secured creditor we will sell all remaining assets of CognitiveTPG located in Ithaca, NY. The assets offered in this sale includes new thermal printers, as well as oscilloscopes, tools, test and measurement equipment, material handling, test chambers, and office equipment.

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Highlights of the auction

• Hundreds of new thermal receipt / barcode printers
• Tektronic Oscilloscopes
• Test chamber with late model Environmental Systems Inc. control panel
• Schaffner Simulators
• Apple products
• Raymond forklift

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No warranties

Everything in this auction sale is sold “AS IS, WHERE IS and WITHOUT RECOURSE. There are no warranties, guarantees or representations of any kind or variety, whether expressed, implied or otherwise given.

Equipment location

COVID-19

By participating in this auction event, Buyer acknowledges their understanding of the current pandemic as it relates to the use of social distancing from other human beings in order to protect themselves and others. Buyer agrees to practice social distancing (as that term is generally known), to limit their contact with other individuals, to wear personal protective equipment as may be necessary (breathing/face mask, gloves, coveralls), and to adhere to auction day and removal instructions and guidelines as they may be presented at the site. By participating in this auction event, the Bidder agrees to indemnify and hold harmless the seller and/or Auctioneer from any and all claims or actions for any reason whatsoever, including but not limited to those related in any way to COVID-19 or other pandemic related issues.

Payment

ALL PURCHASES MUST BE PAID IN FULL ON THE DAY OF THE AUCTION.  All purchases subject to an 18% online buyer’s premium (+3% credit card fee). NOTE TO BUYERS: Please be advised that although you are required to present a credit card to register, we do not automatically charge your card following the auction. Upon receipt of an invoice following the auction sale please contact our auction office at auctions@blackbirdauctions.com to make payment arrangements by credit card or immediate wire transfer ONLY. Payment by cash MAY be available at removal, please contact office for details.

Sales tax

We will automatically apply New York State and Tompkins County sales tax (8%) to your invoice unless the following conditions apply, and you have submitted the appropriate documentation by one business day prior to the auction:

• New York State Use in Manufacturing: Completed ST-121 and a copy of your New York State certificate of authority
• New York State Resale: Completed ST-120
• Out of state resale:
  1. Multijurisdiction Uniform Sales and Use Certificate
  2. A copy of your home state resale certificate
  3. NY ST-120 (complete part 2)
• Out of state shipment: Multijurisdiction Uniform Sales and Use Certificate and eventual bill of lading

If these conditions are not met by the deadline (one business day before the auction), you may apply for a credit or refund from the New York State Department of Taxation and Finance using form AU-11.

Inspection

Friday, September 25, by appointment only. Contact Mike at (716) 863-5466 or mike@blackbirdauctions.com.

Removal

Removal Is by appointment only. Please contact our auction office at auctions@blackbirdauctions.com or (716) 632-1000 to make removal arrangements.

Removal and shipment of purchased items will be the sole responsibility of the Buyer to arrange. Many items in this auction sale can be packed-and-shipped by Blackbird for an additional fee, please contact our auction office at auctions@blackbirdauctions.com to arrange for pack-and-ship upon receipt of your invoice. All items must be removed or contracted to ship not later than October 9. Additional charges will apply to any buyer that holds over or requests additional time to remove their purchases.