ČME3 Locomotive 7119 Deregistered

Description

AB “LTG Cargo” is selling the ČME3 7119 locomotive (deregistered) through an auctionAuction TermsThe locomotive is sold in its current actual condition. The buyer shall, at their own expense and responsibility, arrange the loading, transportation, and all other logistics procedures related to the removal of the locomotive, and shall bear all associated costs.The locomotive will be transferred to the buyer in a deregistered status in accordance with the legislation of the Republic of Lithuania.By submitting a bid, the buyer confirms that they have familiarized themselves with the technical condition of the locomotive and shall have no claims, now or in the future, regarding its technical condition, completeness, or suitability for any particular purpose.Price incl. VALocation: VilniusAuction link: [to be inserted]Responsible person: Julija ŽelnovaitėTel.: +370 682 37398For auction-related inquiries: Mindaugas BulvydasTel.: +370 669 40479Auction ConditionsBy participating in the Auction, the bidder confirms that neither the bidder nor any individuals or organizations that directly or indirectly control the bidder or have a material influence over its activities or decisions are included in any international, European Union, or national sanctions lists, and that their activities or affiliations do not pose a threat to the national security of the Republic of Lithuania. If this confirmation proves to be false or the information provided is misleading, the bidder’s deposit shall not be refunded.Please be informed that, after the Auction has concluded, the bidder who submits the highest bid (hereinafter referred to as the Potential Winner) will be assessed to ensure proper contract performance and compliance with legal requirements and the requirements of the LTG Group.The Auction Organizer (Asset Owner) shall have the right not to recognize the Potential Winner as the Auction winner and to refuse to enter into a Purchase and Sale Agreement with them if at least one of the following circumstances is identified:3.1. Following an assessment of compliance with international, European Union, or national sanctions and national security requirements, it is determined that the bidder (or persons controlling the bidder) is included in sanctions lists or that their activities, affiliations, or circumstances may pose a threat to national security.3.2. Following the review of the intended transaction by the Commission for the Coordination of Protection of Objects Important for National Security (NSK), a conclusion is issued stating that the transaction with the bidder poses a risk to national security interests or does not comply with such interests.3.3. Following an evaluation of the bidder’s reputation, financial stability, or compliance with other policies applicable within the LTG Group, circumstances are identified that give rise to reasonable doubts regarding the bidder’s ability to properly fulfill contractual obligations.When refusing to enter into an agreement on the grounds specified in Clause 3 of this section, the Asset Owner is not obliged to apply to competent authorities for substantiation of the information and is not required to provide the bidder with any certificates or other evidence supporting the Asset Owner’s decision.If the Auction Organizer exercises its right not to recognize the Potential Winner as the Auction winner on the grounds specified in Clause 3, the Organizer may declare as the winner the bidder whose offer ranked second, provided that such bidder also meets all requirements set out in this section.The Asset Owner reserves the right to terminate the Auction at any time prior to the Auction date for any reason.Draft Contract