Mobile Carrier Liquidations TERMS OF PURCHASE
1. Acceptance of Terms of Purchase
1.1. Acceptance of Terms. These Terms of Purchase are an ongoing contract between you and AT&T Service, LLC (“AT&T” or “we”) and apply to your use of AT&T’s online marketplace located at (https://mobilecarrier.bstock.com) (the “Site”), hosted and configured by B-Stock Solutions, Inc. (“BStock”), through which you may purchase Inventory Products from AT&T in consideration of the mutual promises and other good and valuable consideration. These Terms of Purchase govern your purchase of Inventory Products from the Site. By checking the “I agree to the Terms of Purchase” box each time you log into the Site, you accept and agree to be bound by these Terms of Purchase. If you do not agree to these Terms of Purchase, you should not bid on or purchase Inventory Products from the Site.
1.2. Modifications to Terms. We reserve the right, from time to time, with or without notice to you, to change these Terms of Purchase in our sole and absolute discretion. The most current version of these Terms of Purchase can be reviewed by clicking on "Terms of Purchase" located at the bottom of the pages of the Site. The most current version of the Terms of Purchase will supersede all previous versions. Your use of the Site or continued purchases after changes are made mean that you agree to be bound by such changes. No purchase order or other documentation issued by you to us will alter these Terms of Purchase.
2. Additional Definitions
2.1. “Buyer” or “you” or “your” shall mean the individual who purchases Inventory Products from AT&T through the Site under the terms described herein and the entity that such individual represents in making the purchase, if applicable.
2.2. A “Completed Purchase” occurs when (i) you have provided to AT&T all of the purchase information requested in the Email Notification in the manner specified in such Email Notification to complete your purchase and (ii) the Purchase Price for the Inventory Products has been received in the AT&T account specified in the Email Notification.
2.3. “Extended Auction” shall mean an auction where if a bid is entered within the final 5 minutes of the original closing time, the auction will be extended by 3 minutes. If a bid is then placed before the extended 5 minutes elapses, the auction will be extended again for 3 minutes and the listing will continue to be extended until there are no new bids placed within the final 5 minutes of the auction.
2.4. “Inventory Products” shall mean AT&T’s inventory products that are available for purchase on the Site under the terms described herein.
2.5. “Listing” shall mean the content on the Site associated with particular Inventory Products, including, but not limited to, the description and quantity of the Inventory Products. AT&T shall have the right to modify or correct any Listing at any time and such modification shall be binding on any purchase of any Inventory Products purchased after such modification had been made.
2.6. “Promotional Content” shall mean any and all information, service or content provided by AT&T or its agents in any medium in connection with these Terms of Purchase, including promotional content and Listings to be displayed on the Site.
3. Auction Process
3.1. Inventory Products. Inventory Products consist of customer returns, customer trade-ins, or company stock merchandise, all of which may have been previously shipped. The condition of the Inventory Products will vary and standard designations regarding a product’s condition will be set forth in the Listing. The Inventory Products are provided to you “as is” for purchase on the Site. The quantity and/or value of actual Inventory Products in each lot may vary up to 5 percent (5%) less or greater than the number set forth in the Listing and may include up to 5 percent (5%) quantity and/or value of more damaged items than designated as “Damaged” in the Listing. Accessories such as cables, batteries, and original boxes, will not be included. Inclusion of accessories will be delineated in the Listing.
3.2. Auction Process. Inventory Products will be sold pursuant to the auction process set forth in this Section 3 (the “Auction”). If you wish to bid on Inventory Products, you will be required to enter your bid amount. Your bid must be (i) in an amount higher than the bid listed as the minimum opening bid and the “current winning bid,” as applicable, (ii) in the bid increments set forth on the bid page and (iii) placed before the scheduled closing time for such Auction (including any additional time added for an Extended Auction), for you bid to be eligible for the Auction. If your bid is deemed the winning bid you will be notified by email (the “Email Notification”) at the email address you provided when you registered for your account, as updated by you from time to time by following instructions on the Site. This email will serve as your official proof of purchase and/or official invoice. Any additional formal invoice or proof of purchase outside of the original winning notification is not available. It is your responsibility to keep your email address current and to timely check your email to determine if you are the winning bidder for any Auction in which you participated. AT&T is not responsible for the failure of an Email Notification to reach a winning bidder for any reason, including, but not limited to, technical problems or other system error.
3.3. Winning Bids. If your bid is deemed the winning bid at the end of the Auction for certain Inventory Products, you agree to promptly purchase such Inventory Products pursuant to the terms and instructions set forth in this Terms of Purchase, the Email Notification, and Invoice from AT&T. If you fail to register a Completed Purchase within two (2) business days of when the Invoice is sent by AT&T, you shall forfeit any right to purchase such Inventory Products and AT&T may deactivate your account and password so you can no longer access the Site and, at its sole discretion, may choose to (i) contact the next highest bidder in the Auction for such Inventory Products and offer to sell such Inventory Products to such bidder at such bidder’s bid price or (ii) post such Inventory Products on the Site for sale in a new Auction. Penalties for failure to register a Completed Purchase are set forth in Section 5.1 below.
In the event that you do not pay for any given Winning Bid, you may be given the chance to pay a cancelation fee, in order to prevent the deactivation of your account. The fee amounts are as follows, within any 12-month period:
1st Offense: $0-$10,000 Purchase Price: $100 Fee
1st Offense: $10,000+ Purchase Price: $500 Fee
2nd Offense: $0-$10,000 Purchase Price: $500 Fee
2nd Offense: $10,000+ Purchase Price: $1,000 Fee
3rd Offense: $1,000 Fee
4. Conditions to Sale; Payment
4.1. Purchase Price. In consideration for your payment of the purchase price set by the winning bid, any included shipping cost, and any additional fees, for certain Inventory Products in an Auction (the “Purchase Price”), AT&T hereby agrees to sell to you such Inventory Products for which you have posted the winning bid pursuant to your compliance with the terms set forth in this Terms of Purchase, Email Notification, and Invoice from AT&T. You agree to pay the Purchase Price for the Inventory Products by wiring or sending via American Express the full amount of the Purchase Price to the bank account set forth in the wiring or payment instructions in the Invoice, within 2 business days after end of Auction. Your failure to pay the Purchase Price means that the winning bid will be forfeited and AT&T has the right to relist the auction or sell to the next highest bidder in its sole discretion. Nothing in these Terms of Purchase shall otherwise obligate AT&T to sell Inventory Products to you. You shall be responsible for all taxes, shipping costs and any other expenses incurred in connection with your purchase hereunder.
4.2. Canceled Bids and Purchases. Please note that there may be certain bids and purchases that we are unable to accept and must cancel. We reserve the right, at our sole discretion, to refuse or cancel any bid or purchase for any reason. For example, AT&T may cancel your bid or purchase if there are inaccuracies or errors in product or bid information, or problems identified by our credit and fraud avoidance department. While AT&T strives to provide accurate product and bid information, typographical or system errors may occur. In the event that bids for Inventory Products are incorrectly listed or Inventory Products are listed with incorrect information due to an error in quantity or other product information, we shall have the right, at our sole discretion, to refuse or cancel any purchases placed for such Inventory Products. In the event that we must cancel a bid or purchase, we will cancel your bid or purchase and notify you by email of such cancellation.
4.3. Payment Terms. You shall submit the Purchase Price to AT&T under the payment terms set forth in the Email Notification, Invoice, and on the Site. AT&T may revise the payment terms from time to time in its sole and absolute discretion upon notice to you; provided, however, that any change to payment terms will not be effective for any then-pending sale but will only be effective for sales subsequent to such notice. Upon acceptance of the Purchase Price and the fulfillment of any other conditions to the sale, AT&T will sell, assign, transfer and convey to you all of AT&T’s right, title and interests in and to the Inventory Products and shall arrange with you for delivery of such Inventory Products in the manner set forth in Section 5 below.
4.4. Identification of AT&T. You shall not sell, lease or otherwise transfer or dispose of any of the Inventory Products, unless you first Demanufacture such Inventory Products. “Demanufacture” means, in accordance with AT&T’s specifications, to remove, if possible, all of the identifying marks, including, but not limited to, AT&T’s or its affiliates’ names, logos, serial numbers, UPC numbers, RA numbers, and other identifying marks (including but not limited to tags, labels, price stickers, bar codes, or other carton or packaging markings) from the packaging. Although you should not have access to any AT&T customer information, including without limitation, sales receipts, addresses, phone numbers, credit card numbers or other personally identifiable information, if you receive any such information that may be included with the Inventory Products, you will remove, delete, and destroy all such information. You shall not under any circumstances (i) identify AT&T, its parent or any of its affiliates or divisions as the source of the Inventory Products; (ii) advertise the Inventory Products using any name relating to AT&T, its parent or any of its divisions or affiliates, or any of its or their private labels, in any manner; (iii) make reference to AT&T or its parent or any of its affiliates or divisions in any signing or advertising; or (iv) advertise the Inventory Products using any name related to AT&T’s suppliers.
5. Shipment and Acceptance of Inventory products
5.1. Removal and Shipment of Inventory Products. The Inventory Products purchased by you shall be made available to you for receipt at the AT&T facility identified in the Email Notification (the “Inventory Location”) at a time mutually agreed to by you and AT&T (the “Pickup Time”). You or your agent must schedule the Pickup Time by contacting AT&T pursuant to the instructions set forth in the Notification Email. You shall be solely responsible for removal of the Inventory Products from AT&T’s premises and for all shipping arrangements (including, without limitation, permits, costs and licenses), expenses (including, but not limited to, insurance) and labor. Your employees, equipment, and property, and that of your agents, enter and remain on AT&T's premises entirely at your risk as regards any and all hazards excepting only those found to be caused by AT&T’s sole negligence. While on AT&T's premises, your employees and agents must observe all of AT&T's rules and regulations. You shall remove all Inventory Products from the Inventory Location within three (3) business days of receiving notice from AT&T that the Inventory Products are ready for pick-up. If you fail to remove such Inventory Products within this time, AT&T, in its sole discretion, may choose to keep such Inventory Products, list such Inventory Products for auction on the Site and refund to you the Purchase Price you paid to AT&T less (i) a storage charge of $10 per pallet per each of the days AT&T held the Inventory Products for you after you registered a Completed Purchase and (ii) a restocking fee of twenty percent (20%) of the Purchase Price.
- Lots containing iPad / iPhone & Tablet inventory will not be consolidated for shipping
- Buyers must ensure they REPLY ALL copied contacts when replying to request for pickup email within 24 hours, and they need to add FDC dock appointments when replying. email@example.com
- The Label in the body of the e-mail needs to be filled out including all of the following information. Desired Date, Desired Time, Pick up Address, Shipper/Buyer Name, Skid Count, Invoice(s), Carrier Name, Carrier Contact Name, Carrier Contact Phone # and Department.
- The attached BOL will also need to be filled out in full. Genco will only accept BOLs in the format attached. Orders will not be released to ship where other BOL formats are submitted.
- This email is used for Security and dock scheduling purposes. If this information is not sent to GENCO, the truck will be REFUSED.
- Hours of Operation: Monday - Friday 8:00AM, CST to 3:00PM CST
- Carriers will have a one (1) hour window to arrive at the dock and load order.
- Carriers that arrive outside of the hours of operation will NOT be loaded. There will be no exceptions to this policy.
5.2. Title; Risk of Loss. Title to the Inventory Products shall remain with AT&T until you take possession of the Inventory Products at the Inventory Location. You expressly acknowledge that risk of loss and liability for the Inventory Products shall pass to you upon your or your agent's receipt of the Inventory Products at the Inventory Location. You or your agent shall have the right to count the number of pallets containing the Inventory Products to confirm the quantity of pallets matches the shipping manifest prior to accepting possession. You expressly acknowledge and agree that you shall have no right to refuse or return the Inventory Products after accepting possession of the Inventory Products at the Inventory Location.
5.3. Acceptance. Your acceptance of possession of the Inventory Products from AT&T pursuant to Section 5.2 shall constitute an unqualified acceptance of the Inventory Products and a waiver by you of all claims with respect thereto except as set forth in Section 5.4. All sales are final.
5.4. Inspection. You shall have five (5) business days from the date of delivery of Inventory Products in accordance with Section 5.1 to inspect the shipment for any discrepancies in the quantity delivered and report such discrepancy to AT&T in writing. Buyer must provide a detailed manifest, labeling each item that is missing, as well as any supporting documentation. AT&T reserves the right to conduct an additional inspection at its own expense. If AT&T agrees that an under delivery has occurred, AT&T will reimburse you for any acknowledged under delivery. Such reimbursement may be in the form of an offset against any payments you may owe to AT&T, at AT&T’s discretion. Following such five (5) day inspection period, you shall no longer have the right to claim any reimbursement for underdelivery. No RMAs or credits will be issued based on product condition.
5.5 Return Material Authorization (“RMA”). In the event that one or more devices are deemed to suffer a Major Defect, AT&T shall permit the Buyer to elect to return the defective product in lieu of a refund or credit. In such cases, AT&T shall issue an RMA to the Buyer after verifying a Major Defect does exist. No return shall be permitted without an RMA which describes the specific devices to be returned and the return reason as Major Defect.
5.6. Further Assurances. Each party agrees that it will execute and deliver, or cause to be executed and delivered, all such other instruments, and it will take all reasonable actions, as may be necessary to transfer and convey the Inventory Products to Buyer and to consummate the transactions contemplated herein.
6.1. Confidential Information. Each party acknowledges that by reason of its relationship to the other party hereunder it will have access to certain information and materials concerning the other party’s business that are confidential and of substantial value to the other party, which value would be impaired if such information were disclosed to third parties. In particular, the parties hereto acknowledge that the information regarding the Purchase Price and any particular sale are confidential to AT&T. Each party will, and will cause its affiliates and employees to, protect and not disclose information that is considered confidential and use this information only to fulfill its obligations under these Terms of Purchase. Notwithstanding the foregoing, you understand that BStock will have access to confidential information pertaining to you. You may not make any public announcement about these Terms of Purchase without AT&T’s prior written approval and consent. Notwithstanding anything in this Section 6.1 to the contrary, any information (i) already in the public domain through no fault of the receiving party, (ii) independently developed by the recipient without the use of or access to the other party's confidential information, or (iii) released to the public through no action or inaction by the receiving party, will not be considered confidential information hereunder. The receiving party may disclose the disclosing party's confidential information upon the order of any court of competent jurisdiction or as otherwise required by law or legal process, provided that prior to such disclosure the receiving party shall inform the disclosing party of such order, if permitted by law, in order to provide the disclosing party with an opportunity to contest such order or to seek such other protective action as the disclosing party may elect. This Section 6 shall survive each purchase transaction hereunder.
7. Representations and Warranties; Indemnity
7.1 Buyer shall indemnify, hold harmless, and defend AT&T and B-Stock, and their agents and employees, against any loss arising from or in connection with, or resulting from, Buyer’s acts or omissions with respect to merchandise purchased hereunder or for Buyer’s noncompliance with any term of this Agreement. Buyer’s duty to indemnify, hold harmless, and defend AT&T and B-Stock against any loss extends to such loss as may be caused or alleged to be caused in part, by the negligence of AT&T and B-Stock, to the fullest extent that such indemnification is permitted by applicable law.
7.2. The indemnity obligation under this Section 7 shall survive each purchase transaction hereunder.
7.3 You agree to fully comply with all applicable export control laws, regulations, rules, and orders of the United States or anywhere in the world, and will not export, reexport, release, or transfer, directly or indirectly, any commodities, software, or technology, including any Inventory Product, for any proscribed end-use; to any entity engaged in the manufacture of nuclear, biological, or chemical weapons, or missile technology; or to any proscribed country (including without limitation Cuba, Iran, North Korea, Sudan, or Syria), entity, or person (wherever located), including but not limited to those entities and persons listed on the U.S. Government's Denied Persons List, Unverified List, Entity List, Debarred Parties List or Specially Designated Nationals List, without first obtaining at its own expense written authorization from the U.S. Government authorizing such export, reexport, release, or transfer.
7.4 You represent, warrant and covenant that you will comply with all applicable federal, state and local laws, statutes, acts, ordinances, rules, codes and regulations, guidance, circulars, executive orders and other official releases of or by any government, or any regulatory or other authority, department or agency thereof, in any applicable jurisdiction anywhere in the world in connection with the Inventory Products, including, but not limited to, those applicable to refurbishing, reselling, recycling and any other disposition and/or treatment, use or disposal of used consumer electronics (in whole or in part).
8. Warranty Disclaimer; Limitation of Liability
EXCEPT AS EXPRESSLY SET FORTH IN THESE TERMS, THE INVENTORY PRODUCTS ARE PROVIDED BY AT&T TO YOU “AS IS” AND AT&T DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, STATUTORY OR OTHERWISE, WITH RESPECT TO THE INVENTORY PRODUCTS OR ANY OTHER MATTER, INCLUDING WITHOUT LIMITATION THE INVENTORY PRODUCTS’ CONDITION OR QUALITY OR THE WARRANTIES OR CONDITIONS OF NONINFRINGEMENT, MERCHANTABILITY AND FITNESS FOR ANY PARTICULAR PURPOSE. EXCEPT FOR THE INDEMNITY OBLIGATIONS SET FORTH IN THESE TERMS OF PURCHASE, NEITHER PARTY WILL BE LIABLE FOR ANY LOSS OF PROFITS OR OTHER CONSEQUENTIAL, INDIRECT, SPECIAL, INCIDENTAL OR PUNITIVE DAMAGES OF ANY KIND ARISING OUT OF OR RELATED TO THESE TERMS, EVEN IF IT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT SHALL AT&T’S LIABILITY FOR ANY AND ALL LOSSES OR DAMAGES RESULTING FROM THESE TERMS OF PURCHASE, EXCEED THE PURCHASE PRICE PAID BY YOU TO AT&T FOR THE INVENTORY PRODUCTS AT ISSUE. AT&T SHALL NOT BE HELD LIABLE FOR ANY ERROR IN A LISTING THAT AT&T CORRECTS PRIOR TO THE PURCHASE OF THE INVENTORY PRODUCTS TO WHICH THAT LISTING APPLIES. THIS LIMITATION OF LIABILITY SHALL SURVIVE EACH PURCHASE TRANSACTION.
9. Use of the Site
You agree and acknowledges that BStock makes no guaranty of the accuracy, correctness or completeness of any Promotional Content and is not responsible for: any errors or omissions arising from the use of any thereof; any failures, delays or interruptions in the delivery of any Promotional Content contained with the Site; losses or damages arising from the use of the Promotional Content provided by the Site; any conduct by you in connection with the Site; or any Promotional Content or products provided through or in conjunction with the Site. You must comply with the operating rules and policies applicable to the Site as may be published or provided by BStock or AT&T in writing (including by posting on the Site) from time to time.
10. Breach of Terms of Purchase
If you fail to comply with any term or condition in this Terms of Purchase, AT&T may immediately terminate your account, deactivate your password and seek any other remedy available to AT&T or its affiliates.
11. General Provisions
11.1. You agree that AT&T’s reputation would be irreparably harmed by your failure to remove any and all data from each Inventory Product (other than data required to operate the Inventory Product) prior to sale or other disposition (each such product, an “Unwiped Product”). You agree that in the event you permit any Unwiped Products to be subsequently resold and any personally identifiable information is made available publicly or to any other third party, it would be impracticable and extremely difficult to ascertain the amount of actual damages caused by your breach of your obligation to remove such data (“Liquidated Damages Breach”). As such, with respect to a Liquidated Damages Breach, you agree that you shall pay to AT&T liquidated damages in the amount of $7,500 per Unwiped Product. Such liquidated damages shall be capped at $25,000 per Completed Transaction. You further agree that this liquidated damages provision represents the parties’ reasonable and considered estimate of reasonable compensation for the loss that would be incurred by AT&T due to any Liquidated Damages Breach. The Company also agrees that (a) nothing in this section is intended to limit AT&T’s right to obtain injunctive and other equitable relief as may be appropriate, be it for a Liquidated Damages Breach or any other breach of this Agreement, and (b) the liquidated damages and cap set forth above is not an exclusive remedy nor a limitation on any monetary damages AT&T is otherwise entitled to recover for any breach of this Agreement other than a Liquidated Damages Breach.
11.2. These Terms of Purchase will be governed by the laws of the State of Texas, without reference to its choice of law rules. Exclusive venue and jurisdiction for any action or proceeding under this Agreement shall be in Tarrant Country, Texas, and you hereby consent to such venue and jurisdiction. No waiver of any provision of these Terms of Purchase shall constitute a continuing waiver, and no waiver shall be effective unless made in a signed writing. The division of these Terms of Purchase into separate sections, subsections and/or exhibits and the insertion of titles or headings is for convenience of reference only and shall not affect the construction or interpretation of these Terms of Purchase.
11.3. Force Majeure. AT&T shall not be liable to the other party for failure or delay in performance hereunder due in whole or in part to an act of God, strike, lockout or other labor dispute, civil commotion, sabotage, fire, flood, explosion, acts of any government, unforeseen shortages or unavailability of fuel, power, transportation, or supplies, and any other causes which are not within AT&T ‘s reasonable control, whether or not of the kind specifically enumerated above.
11.4. The Terms of Purchase was last updated on December 16th, 2016. Please check our Terms of Purchase periodically for changes.
Please refer to the Mobility Agreement for additional information.