Firearms Auction Service. This service is restricted to Owner firearm assets (“Firearm Assets”) legally available for public sale in the United States. Contractor is compliant with ATF, Title 18, U.S. Code Ch. 44 and NFA (26 U.S.C., Ch. 53), as well as applicable state and local laws. Contractor may work with one or more subcontractors (“Subcontractor”) for storage and processing of Firearm Assets. Contractor will deliver Firearm Assets disposition services beginning with the collection and transport of Firearm Assets to a Federal Firearms Licensee (“FFL”) holder (“Recipient FFL” or “Partner FFL”). Subsequently, Contractor and Recipient FFL will store, catalog, image, list for public internet auction, process purchaser payment and ship Firearms Assets to another FFL holder (“Transferee FFL”) that will administer final physical transfer to purchaser (“Buyer”) in compliance with applicable federal, state, and local laws. Owner will pay Contractor a Success Fee as described below.
Appears in 4 contracts
Samples: Disposition Services Agreement, Disposition Services Agreement, Disposition Services Agreement
