CloseNotes 1. DEFINITIONS:The term "Seller" refers to the United States Postal Inspection Service. The term "Auction Company" refers to RBEX Inc dba Apple Towing Co./Apple Auctioneering Co. The term "Authorized Agent" refers to RBEX Inc dba Apple Towing Co./Apple Auctioneering Co.'s prime contractors, sub-contractors and other authorized parties. The term "High Bidder" and "Buyer" refers to the successful high bidder at the Auction. The term "Bidder" refers to any bidder at the Auction. The term "Auction" refers to the Seller's auction event presented by the Auction Company. The term "Property" refers to the assets (vehicles, vessels, and merchandise) to be bid at the Auction and sold to the High Bidder. The term "Contract" refers to the agreement between Buyer and Seller concerning the purchase of the Property.2. GENERAL INFORMATION:The placement of a successful bid at Seller's Auction establishes a legally binding contract between the successful High Bidder (Buyer) and the Seller. Th...
