B&A shall charge and collect from each successful bidder a 10% buyer's premium for each sale at the auction, in addition to the purchase price as bid.
The Buyer's Premium is a percentage that is added to the final purchase price of any item. B&A in its sole discretion may impose a buyer's premium ('Buyer's Premium') on any Goods sold. To receive the benefit of any tax exemption, Buyer must supply B&A with a sales tax exemption certificate acceptable in form, scope and substance to B&A in B&A'S sole discretion. Buyer must also pay to B&A on or before the Final Payment Date, all sales, export, use and other taxes due to any federal, state or local taxing authority (the 'Taxes') as a result of Buyer's purchase, including without limitation, any taxes arising from any Buyer's Premium (as defined below).
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