ELLERSTINA

Conditions for sale
I The animals included in this catalog, will be sold according to the common conditions of the sales relating to this kind of transaction. The most important
terms and conditions are stated in detail below. It is understood that each one of the persons who participate and assist to the sale store or make offers to
acquire certain animals, accept in full all the terms and conditions, whether general or particular, of the auction.
II Once the auction is initiated, the auctioneer (martillero) shall announce the particular conditions which will be ruling the auction, without prejudice of
the general conditions mentioned herein.-
III The commission is of 7 % plus VAT (21%) to the Purchaser. * VAT surcharge for non – resident foreign: 10, 5%.
IV The animals shall be sold in the sight of the interested parties. Notwithstanding, all the animals that are for sale could be revised by all the interested
parties, or by the professionals they appoint.- Such revision could be performed in the sale store on the date of the auction until the initiation of the auction.-
In connection with the abovementioned matters, all purchasers acquire the animal they have in sight, in the manner the animal is, and it shall be considered
that the animal is well-known and acknowledged by the interested party, and that the interested party accepts all the attributes and virtues of the animal,
with its possible defects, deficiency or anomalies the animal could have.
V After the sale of the animal, the seller or the Auction Firm shall not accept any claim which pretends to rescind or terminate the transaction, obtain
a discount in the price, or delay the compliance of the payment or formalities; claim for damages and prejudices or any “other pretension” based in the
deficiency or mistakes relating to the pedigree, brochure, publicity, physical state, organic, reproductive or functional of the animal which has been acquired.
VI The payment of the price relating to the acquisition of the animal shall be made “in cash”, on date of the purchase, except that before initiating the
auction, the bidder/ purchaser, has requested the Auction Firm and the seller has issued his conformity in writing, so that in case the bidder results to be a
purchaser, he can make the payment in the manner and in the terms different to the ones stated herein. It shall be considered as “particular concessions”
the concessions granted to the persons who have requested, and therefore, they shall not be applicable to other purchasers nor to the other transactions
done by the same purchaser.
In addition, It is expressly stated that even when there is a term for the financing of the purchase, it must be paid in cash: the commission of the auctioneer
plus VAT, and the payment of the Income Tax (Ingresos Brutos), applicable to such purchase, and Stamp Tax, including the transference costs of the animals
and any other costs (transport, care, feeding, etc.) which might be applicable by paying on behalf of the purchaser.
VII Each one of the persons who has purchased one or more animals, before leaving the sale store, shall comply with the following obligations and
formalities to the effect to retire the acquired animals: a) Sign the documentation relating to the purchase Boleta de venta (Sale Agreement), Contrato
de Compra (Purchase Agreement), Título de Deuda (Debt Titles), Pagarés (Promissory Notes), etc., in such connection the purchaser shall show his ID
(documento de identidad), copy of the registration with the AFIP (Argentine Federal Tax Boureau) and Rentas, constitute a domicile in the Argentine Republic
and provide a telephone number for contact. In addition, the purchaser shall submit all the information necessary not only for the issuance of the purchase
invoice but also for the removal and destiny of the animal/s, b) Pay the “purchase price”, the commission of the auctioneer plus VAT, and the payment of
the Income Tax (Ingresos Brutos), applicable to such purchase, and Stamp Tax, including the transference costs of the animals and any other costs (transport,
care, feeding, etc.) which might be applicable by paying on behalf of the purchaser. c) Pay the costs that the animal could demand, after its acquisition in
the auction. d) Remove the purchased animal of the sale store within 24 hours after the termination of the auction. being to his exclusive charge all the
costs and/or any other payment consequence of the lack of retirement of the animal.
Since the moment in which the auctioneer (martillero) declares which one is the purchased animal, the purchaser is in exclusive charge of such animal and
shall afford all the costs, expenses and assume the liability in connection to such animal.
VIII The non-compliance of any of the obligations mentioned before or detailed in point 9 below, shall empower, with no need of intimation , to the seller
and/or the Auction Firm to leave without effect the transaction and recover the animal, immediately dispose of the animal for its sale or for what the seller
estimates convenient, with the right to claim for the damages and prejudices for the “resolution” with fault of the purchaser. In such case, any amount paid
by the purchaser relating to the purchase, shall remain in favor of the seller, as payment “to the account” for indemnification, without prejudice of the right
to claim any another amount that could correspond.
IX Any person who have made offers, and results a purchaser and expresses that the purchase is made by commission or on behalf of third parties, or that
the purchaser shall fractionate the purchase and/or the invoice with other purchasers, the purchasers acquire and accept only relating to this matter, to be
severally and jointly liable for the payment in whole of the total transaction together with the other purchasers which appear as purchasers in the invoice
relating to the transaction.
It is expressly stated that, in the referred cases, the seller and/or the auction Firm have the exclusive power to accept the invoice (totally or partially) to the
different persons who acquired in the auction, being applicable what is stated in non-compliance maters, if the person who acquires does not accept it and/
or he denies to have the transaction invoiced in his name.
The transference of the purchased animal/s shall be made for its registration once the purchaser has complied with all the obligations assumed herein.
Note: The auction firm shall take no responsibility for the mistakes or omissions in this catalogue.