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Mar. 09, 2010
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Terms and Conditions
Welcome to The Lease Auction House, Please complete the attached form on-line by reading and indicating your response to the form: 1. Prior to entering the Auction Site of The Lease Auction House, L.P., I/we hereby state that I/we are knowledgeable, sophisticated Buyers/Sellers hereby engaged in the business of exploring for or producing oil or gas or other minerals as an ongoing business and are fully aware of the financial risk and liabilities of Oil and Gas Properties. 2. The Lease Auction House, L.P. and its representatives may only transact business in any State if first registered, excluded or exempted from that State or United States Territory broker-dealer, investment adviser, dealer agent, or investment adviser representative registration requirements as may be; 3. Follow-up, individualized responses to persons in any State or United States Territory by The Lease Auction House, L.P. or its representatives that involve either the effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, as may be, will not be made absent compliance with that State or United States Territory broker-dealer, investment advisor, dealer agent or investment adviser registration requirements or an applicable exemption or exclusion. 4. The Internet communication of the listing of properties does not involve either effecting or attempting to effect transactions in securities, or the rendering of personalized investment for compensation as may be, in any State and United States Territory over the Internet, but is limited to the dissemination of general information concerning properties for sale in the pending or future Internet auctions, conducted by The Lease Auction House, L.P. 5. All transaction sites in the The Lease Auction House, L.P. auction website are password protected and only accessible to approved qualified and accredited buyers/sellers who have been pre-approved by The Lease Auction House, L.P. 6. This website is maintained solely for the personal use of visitors. Although we have made all reasonable efforts to provide accurate information, we cannot guarantee the completeness, timeliness or accuracy of the information contained herein. Nothing in this website constitutes investment advice. Any decisions based upon the information contained in this website are the sole responsibility of the user. 7. The Lease Auction House, L.P. will not release or sell to any third party, person, agency or company, personal information, including e-mail addresses, provided herein unless required in the performance of business transactions at www.leaseauctionhouse.com. In addition, The Lease Auction House, L.P. will not disclose to any third party (including other bidders and sellers) confidential information used during the auction process such as a bidder's bid history, proxy bid amount, or a seller's reserve price without the express permission of the bidder or seller. 8. I/We hereby certify that I/We are accredited investors by meeting one or more of the below listed eligibility requirements. • I alone, or in combination with my spouse, have net worth in excess of $1,000,000.00. • I have had individual income in excess of $200,000.00 in each of the two most recent calendar years and I have a reasonable expectation of reaching the same income level in the current year. • I have had joint income with my spouse in excess of $300,000.00 in each of the two most recent calendar years and I have a reasonable expectation of reaching the same income level in the current year. • I am a corporation, partnership or business trust with total assets in excess of $5,000,000, which was not formed for the purpose of acquiring the interests or properties offered. Privacy of Consumer Financial Information The Lease Auction House, L.P. does not disclose non-public personal information to affiliates or non-affiliated third parties, except to non-affiliated parties as required by law. The Lease Auction House, L.P., in its capacity as a Broker/Dealer collects nonpublic personal information about you from the following sources: • Information we receive from buyer or seller registration, Buyer's/Seller's Agreements, and the Bank information form you fill out. • Information about your transactions with us. • Information we receive from your bank pursuant to establishing your bid allowance. The Lease Auction House, L.P. policies and practices with respect to protecting the confidentiality and security of nonpublic financial information: We restrict access to nonpublic personal information about you to only those employees who need to know that information to provide services to you. We maintain physical, electronic, and procedural safeguards that comply with federal standards to guard your non-public personal information. 9. Electronic Disclosure: I/We consent to receiving the Privacy of Consumer Financial Information disclosure in electronic form. 10. Data and listings on www.leaseauctionhouse.com do not constitute a public offering and is made only to qualified persons. Data and listings on www.leaseauctionhouse.com do not constitute an offer or solicitation to purchase or sell oil and gas properties. 11. By checking the checkbox below, you have read, understood and accept the terms and conditions noted above and agree to the same. PRIVACY POLICY DISCLAIMER THIS WEBSITE IS MAINTAINED SOLELY FOR THE PERSONAL USE OF VISITORS. WE CANNOT GUARANTEE THE COMPLETENESS, TIMELINESS OR ACCURACY OF THE INFORMATION CONTAINED HEREIN. NOTHING IN THIS WEBSITE CONSTITUTES INVESTMENT ADVICE. ANY DECISIONS BASED UPON THE INFORMATION CONTAINED IN THIS WEBSITE ARE THE SOLE RESPONSIBILITY OF THE USER. PRIVACY POLICY (FOR WEBSITE) We will not sell or distribute information, about you as an individual or your company, acquired through the use of this website to any third-party except to assist in the transaction which you are attempting to complete. We reserve the right to aggregate information about all users of this site and utilize it to accumulate general statistics and information, including volumes, type of transactions, user groups, etc.; however, no individual information will be divulged. POLICY OF CONSUMER FINANCIAL INFORMATION (FOR REGISTERED BIDDERS) The Lease Auction House, L.P. does not disclose non-public personal information to affiliates or non-affiliated third parties, except to non-affiliated parties as required by law. The Lease Auction House, L.P in its capacity as a Broker/Dealer collects nonpublic personal information about you from the following sources: • Information we receive from buyer or seller registration, Buyer's/Seller's Agreements, and the Bank information form you fill out. • Information about your transactions with us. • Information we receive from your bank pursuant to establishing your bid allowance. The Lease Auction House, L.P. policies and practices with respect to protecting the confidentiality and security of nonpublic financial information: We restrict access to nonpublic personal information about you only to our employees who need to know that information to provide services to you.
Check this checkbox if you agree to the terms and conditions above.
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