2025 QHRAI Speed Sale Sale Conditions - Online Sale
6. TERMS FOR SETTLEMENT; MAKE SETTLEMENT WITH QHRAI INC. PAYMENT TO OTHERS, INCLUDING CONSIGNORS OR THEIR REPRESENTATIVE ARE NOT RECOG- NIZED AS SETTLEMENT. Purchaser shall make settlement at the conclusion of sale session in which the horse is sold for the full purchase price plus sales tax fee, such settlement to be in the form of U.S. currency, certified check, credit card, traveler’s check or approved bank check. All checks must be mailed “Priority Express Next Day” on Monday September 15th, with tracking number provided to QHRAI, Inc. on Monday September 15th or be considered in default. ALL PAYMENTS MUST BE MADE NO LATER THAN MONDAY SEPTEM- BER 15, 2025. 7. DEFAULTERS: Purchasers who fail in any respect whatsoever to pay for horses as provided for at CONDITION OF SALE (6) above, and/or Settlement Procedures shall be de- clared in default. Any horse purchased by a defaulter may be resold by the undersigned at public or private sale without notice for purchaser’s account, costs of such resale to be borne by defaulter. Should such resale fail to satisfy the defaulter’s account in full, defaulter shall pay forthwith to QHRAI, Inc. the amount owing, failing which, the undersigned may bring suit against defaulter. THE PURCHASER SHALL BE RESPONSIBLE FOR ALL COSTS, INCLUD- ING ATTORNEY’S FEES, INCURRED BY QHRAI, INC. IN COLLECTION OF AMOUNTS OWING FOR HORSES PURCHASED, OR IN ENFORCEMENT OR INTERPRETATION OF THIS CONDITION OF SALE. 8. WARRANTIES; THERE IS NO WARRANTY, EXPRESS OR IMPLIED BY QHRAI,INC. THE OWNER OF ANY HORSE OR THE CONSIGNOR OF ANY HORSE AS TO THE SOUND- NESS, CONDITION, MERCHANT ABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OF ANY HORSE OFFERED IN THIS SALE. ALL HORSES ARE SOLD “AS IS” WITH ALL EXISTING CONDITIONS AND DEFECTS EXCEPT AS EXPRESSLY ANNOUNCED OR AS EX- PRESSLY PROVIDED HEREIN. Horses exhibiting the following conditions at the time of sale shall be subject to return pursuant to condition Nine below unless the condition is announced by the auctioneer at the sale: (a) any horse with impaired vision or injury to the eye: and (b) any horse which is a “cribber”. Any horse satisfying the following conditions will also be subject to return pursuant to condition Nine below: (a) any horse sold on or after July 1 of its yearling year which is described at time of sale as a colt and does not at such time have two testes descended to the scrotum; (b) any horse described at the time of sale as a ridgling and at such time the horse is a gelding; (c) any horse described at the time of sale as a gelding and at such time the horse is a colt or a ridgling: (d) any male horse described at the time of sale as a female; (e) any female horse described at the time of sale as a male; and (f) any horse described at the time of sale as a filly or a mare and which at the time of sale has been spayed. 9. RIGHT OF RETURN; In the event that any animal is not as represented in the Sale Catalog or on the breach of the foregoing limited warranties (as the Sale Catalog or limited war- ranties might be modified by announcement at the time of Sale), the buyer shall file with QHRAI, Inc., a written notice of rejection of the animal with such supporting veterinarian’s and other
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