Page 144 - Sotheby's Chinese Paintings Auction New York September 11, 2018

or damage to the property ceases in You hereby agree that Sotheby’s may 12. Export and Permits"It is the obtains from eBay, Invaluable or
accordance with this paragraph. If Þ le Þ nancing statements under the purchaser’s sole responsibility to other sources relating to its clients)
any applicable conditions herein are New York Uniform Commercial Code identify and obtain any necessary for the provision of auction and other
not complied with by the purchaser, without your signature. Payment export, import, Þ rearm, endangered art-related services, loan services,
the purchaser will be in default and in will not be deemed to have been species or other permit for the client administration, marketing and
addition to any and all other remedies made in full until we have collected lot. Any symbols or notices in the otherwise to manage and operate
available to us and the Consignor by good funds. Any claims relating to sale catalogue reß ect Sotheby’s its business, or as required by law, in
law, including, without limitation, the any purchase, including any claims reasonable opinion at the time of accordance with Sotheby’s Privacy
right to hold the purchaser liable for under the Conditions of Sale or Terms cataloguing and are for bidders’ Policy. This will include information
the total purchase price, including of Guarantee, must be presented general guidance only; Sotheby’s such as the client’s name and contact
all fees, charges and expenses more directly to Sotheby’s. In the event and the Consignor make no details, proof of identity, Þ nancial
fully set forth herein, we, at our option, the purchaser fails to pay any or all representations or warranties as to information, records of the client’s
may (x) cancel the sale of that, or any of the total purchase price for any lot whether any lot is or is not subject to transactions, and preferences. Some
other lot or lots sold to the defaulting and Sotheby’s nonetheless elects export or import restrictions or any gathering of information about
purchaser at the same or any other to pay the Consignor any portion embargoes. Sotheby’s clients will take place
auction, retaining as liquidated of the sale proceeds, the purchaser using technical means to identify
damages all payments made by the acknowledges that Sotheby’s shall 13. Governing Law and Jurisdiction their preferences in order to provide
purchaser, or (y) resell the purchased have all of the rights of the Consignor These Conditions of Sale and Terms a higher quality of service to them.
property, whether at public auction to pursue the purchaser for any of Guarantee, as well as bidders’, Sotheby’s may also disclose the
or by private sale, or (z) e" ect any amounts paid to the Consignor, the purchaser’s and our respective client information to other Sotheby’s
combination thereof. In any case, whether at law, in equity, or under rights and obligations hereunder, Companies and/or third parties acting
the purchaser will be liable for any these Conditions of Sale. shall be governed by and construed on their behalf to provide services for
deÞ ciency, any and all costs, handling and enforced in accordance with these purposes.
charges, late charges, expenses of 10. Reserve"All lots in this catalogue the laws of the State of New York. Sometimes, Sotheby’s may also
both sales, our com missions on both are o" ered subject to a reserve, which By bidding at an auction, whether disclose this information to carefully
sales at our regular rates, legal fees is the conÞ dential minimum hammer present in person or by agent, order selected third parties for their own
and expenses, collection fees and price at which a lot will be sold. No bid, telephone, online or other means, marketing purposes. If you do not
incidental damages. We may, in our reserve will exceed the low presale all bidders including the purchaser, wish your details to be used for this
sole discretion, apply any proceeds of estimate stated in the catalogue, shall be deemed to have consented to purpose, please email enquiries@
sale then due or thereafter becoming or as amended by oral or posted the exclusive jurisdiction of the state sothebys.com.
due to the purchaser from us or any notices. We may implement such courts of, and the federal courts sitting If the client provides Sotheby’s
a# liated company, or any payment reserve by opening the bidding on in, the State of New York. All parties with information that is deÞ ned by
made by the purchaser to us or any behalf of the Consignor and may bid agree, however, that Sotheby’s shall European data protection laws as
a# liated company, whether or not up to the amount of the reserve, by retain the right to bring proceedings “sensitive”, the client agrees that it
intended to reduce the purchaser’s placing successive or consecutive in a court other than the state and may be used for the purposes set out
obligations with respect to the unpaid bids for a lot, or bids in response to federal courts sitting in the State of above.
lot or lots, to the deÞ ciency and any other bidders. In instances where we New York. In the course of these disclosures,
other amounts due to us or any have an interest in the lot other than personal data collected in the
a# liated companies. In addition, a our commission, we may bid up to 14. Packing and Shipping"We are not European Economic Area may
defaulting purchaser will be deemed the reserve to protect such interest. responsible for the acts or omissions be disclosed to countries outside
to have granted and assigned to In certain instances, the Consignor in our packing or shipping of the European Economic Area.
us and our a# liated companies, a may pay us less than the standard purchased lots or of other carriers or Although such countries may
continuing security interest of Þ rst commission rate where a lot is packers of purchased lots, whether or not have legislation that protects
priority in any property or money of “bought-in” to protect its reserve. not recommended by us. Packing and a client’s personal information,
or owing to such purchaser in our handling of purchased lots is at the Sotheby’s shall take great care to
possession, custody or control or in 11. Tax"Unless exempted by law, entire risk of the purchaser. keep such information secure and
the possession, custody or control the purchaser will be required to in accordance with European data
of any of our a# liated companies, in pay the combined New York State 15. Limitation of Liability"In no event protection principles. By agreeing to
each case whether at the time of the and local sales tax, any applicable will the aggregate liability of Sotheby’s these Conditions of Sale, the client is
auction, the default or if acquired at compensating use tax of another and the consignor to a purchaser agreeing to such disclosure.
any time thereafter, and we may retain state, and if applicable, any federal exceed the purchase price actually Please be aware that Sotheby’s
and apply such property or money as luxury or other tax, on the total paid. may Þ lm auctions or other activities
collateral security for the obligations purchase price. The rate of such on Sotheby’s premises and that such
due to us or to any a# liated company combined tax is 8.875% in New York 16. Data Protection"Sotheby’s will recordings may be transmitted over
of ours. We shall have all of the rights City and ranges from 7% to 8.625% use information provided by its the Internet via Sotheby’s website, the
accorded a secured party under the elsewhere in New York. clients (or which Sotheby’s otherwise eBay website, the Invaluable website
New York Uniform Commercial Code.

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