Common use of Our Role Clause in Contracts

Our Role. In its role as auctioneer of Lots, Gorringe’s acts solely for and in the interests of the Seller. Gorringe’s job is to sell the Lot at the highest price obtainable at the Sale to a Bidder. Gorringe’s does not act for Buyers or Bidders in this role and does not give advice to Buyers or Bidders. When it or its staff make statements about a Lot or, if Gorringe’s provides a Condition Report on a Lot it is doing that on behalf of the Seller of the Lot. Xxxxxxx and Buyers who are themselves not expert in the Lots are strongly advised to seek and obtain independent advice on the Lots and their value before bidding for them. The Seller has authorised Gorringe’s to sell the Lot as its agent on its behalf and, save where we expressly make it clear to the contrary, Gorringe’s acts only as agent for the Seller. Any statement or representation we make in respect of a Lot is made on the Seller’s behalf and, unless Gorringe’s sells a Lot as principal, not on our behalf and any Contract for Sale is between the Buyer and the Seller and not with us. If Gorringe’s sells a Lot as principal this will either be stated in the Catalogue or an announcement to that effect will be made by the Auctioneer, or it will be stated in a notice at the Sale or an insert in the Catalogue. Gorringe’s does not owe or undertake or agree to any duty or responsibility to you in contract or tort (whether direct, collateral, express, implied or otherwise). If you successfully bid for a Lot and buy it, at that stage Gorringe’s does enter into an agreement with the Buyer. The terms of that contract are set out in our Buyer’s Agreement. This will govern Gorringe’s relationship with the Buyer.

Appears in 11 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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