cgb.fr

Terms and Conditions for the cgb.fr “ LIVE AUCTION” service Librairie Galerie Les Chevau-Légers, a simplified joint stock company, with share capital of 200,000 Euros, registered with the Companies Registration Office in Paris under number 732 049 036, whose registered offices are located at 36, rue Vivienne, 75002 Paris, (referred to hereinafter as “cgb.fr” ) provides a technical platform for users of its internet site “http://www.cgb.fr” , thus enabling them to participate remotely, by electronic means, in auctions that take place on the internet (referred to hereinafter as the “ LIVE AUCTION ” service – i.e. Live Auction for e-coins and e-banknotes). In order to use this LIVE AUCTION service, any user wishing to participate remotely and by electronic means to the auctions must read and accept fully these terms and conditions. The bidder is hereafter referred to as the “User” of the cgb.fr LIVE AUCTION service. These terms and conditions of use are determined by cgb.fr itself. Acceptance of the terms and conditions of use of the LIVE AUCTION service will not be systematically requested each time a user participates in an auction. The sole fact of using the service shall imply acceptance of these terms and conditions of use. 1. Description of the cgb.fr Live Auction service Cgb.fr makes the LIVE AUCTION service available to users so that they can interact and correspond remotely by electronic means in response to online sales of items organised by cgb.fr. The LIVE AUCTION service operated by cgb.fr provides information to the user about the name and contact details of the company organising the sale taking place, as well as the date and hour when the closing process begins for the auction sale. In the event that two users make the same bid, the first recorded bid shall be successful. Users make their bids remotely by means of the facilities provided by the LIVE AUCTION platform operated by  cgb.fr. The LIVE AUCTION service guarantees that descriptions are provided with accuracy and integrity but does not make any pre-judgment in respect of scientific discoveries that might be made after the sale, thereby excluding cgb.fr from liability in this respect. The LIVE AUCTION service reserves the right to refuse an order without need for justification or explanation. During the final period of each LIVE AUCTION operated by cgb.fr , when the time remaining is less than 15 seconds before closing, each new bid registered on the cgb.fr site resets the time remaining to 15 seconds, thus providing all the participants with an additional bidding opportunity. If the user elects to send his or her order using a paper form, the user undertakes and requests cgb.fr to make the bid on the LIVE AUCTION platform in his place. The user appoints cgb.fr to represent him or her during that LIVE AUCTION . When the order made by email or fax has been received, it is included in the LIVE AUCTION and joins the bids of the users who have made their bids via the LIVE AUCTION platform operated by cgb.fr. When a LIVE AUCTION has closed, there is a period of 10 days during which cgb.fr undertakes to offer the unsold lots at the starting price. This period for unsold items shall commence from the time when the LIVE AUCTION ends. Unsold lots as well as lots won during the first phase of the LIVE AUCTION shall be subject to buyer costs of 10%, excluding tax, of the sale price, which is 12% including tax (VAT at 20%). 2. Terms and Conditions for Registration Only persons who are legally able to engage in contracts for lots auctioned by cgb.fr can participate in LIVE AUCTION . 2.1 In order to use the LIVE AUCTION service operated by cgb.fr , the user is required to create a pseudonym for his or her account, if he or she is already registered with cgb.fr and has carried out transactions. As soon as the pseudonym and account are validated (within 24 working hours), the user may participate in the LIVE AUCTION operated by cgb.fr. A pseudonym used by one user cannot be allocated to another user and each pseudonym is strictly personal. 2.2 If a user has not already registered with the e-shops of cgb.fr, he or she must create an account and enter the information required on the registration form. In so doing, the user declares that the information provided is accurate, complete and up to date. The user undertakes to inform the cgb.fr LIVE AUCTION service of any changes to that information in order that cgb.fr always has up to date information. The user shall receive an email from cgb.fr confirming that an account has been created, attesting that the user has accepted the terms and conditions of use and that the creation of the account has been completed. 14