Live On-site Auction

BULK AUCTION SALE, SUBJECT TO U.S. BANKRUPCTY COURT APPROVAL CASE #13-40837-JDP: HOKU MATERIALS, INC.

Auction Dates:
Starts: Tuesday, December 17, 2013 - 11:00am (MST)
Auction Type: Live On-site Auction
Location: 1 Hoku Way Pocatello, ID 83201
Description:

BULK AUCTION SALE, SUBJECT TO U.S. BANKRUPCTY COURT APPROVAL CASE #13-40837-JDP: HOKU MATERIALS, INC.

Bulk Sale Offering Of Hoku Materials, Inc., Consisting Of: All Physical Assets And Improvements At One Hoku Way, Pocatello, Idaho, Subject To Certain Limited Exclusions.

In Conjunction With Heritage Global Partners & Maynards Industries

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Bulk Sale Offering Of Hoku Materials, Inc., Consisting Of: All Physical Assets And Improvements At One Hoku Way, Pocatello, Idaho, Subject To Certain Limited Exclusions, As More Fully Described In The Hoku Notice Of Sale Linked Above. Purchaser Must Remove & Dismantle All Assets From One Hoku Way, Pocatello, Idaho, Before January 20, 2014, Unless The Court Approves An Assumption & Assignment From The Bankruptcy Estate Of An Unexpired Real Property Lease For The Site Between Hoku Materials, Inc., & The City Of Pocatello, Or The Purchaser & The City Come To An Alternate Agreement, Subject To The Trustee's Consent, Allowing Continued Access To The Site Past January 20. Purchaser Understands That Winning The Bulk Sale Is Not Contingent Upon The City Granting Tenancy Of Any Sort, & That The Seller Cannot Guarantee Access To The Site Past January 28, 2014. A 10% Buyer's Premium Shall Apply To The Bulk Sale. Subject To U.S. Bankruptcy Court Approval Case # 13-20837-JDP.

Please Contact Auctioneer For Details. HGP Politely Requests That Interested Parties Contact HGP At 650.649.0147 Rather Than The Trustee Or His Counsel.

1. This Sale Will Be A Live Onsite Bulk Auction Sale Only On 12/17/13. There Will Be No Piecemeal Lots To Bid On. Qualified Bidders Must Be Present To Bid.

2. Parties Interested In Bidding In Bulk Must Wire A $250,000.00 Deposit On Or Before 12/16/13. Interested Parties Must Also Furnish Proof Of Funds. Please Contact Auctioneer To Receive The Trustee's Wire Instructions.

3. The Sale Will Be Held At The Hoku Materials, Inc. Plant For Qualified Parties Only. The Sale Will Commence At 11:00am (MST).

4. Following The Live Auction Sale On 12/17/13, At 1:30 P.m. Mst, There Will Be A Confirmation Hearing At The U.s. Bankruptcy Courthouse Located At 801 E Sherman St, Pocatello, Id 83201.

5. Subject To U.S. Bankruptcy Court Approval & Confirmation For Case #13-40837-JDP, The Following Shall Apply:
    A: A 10% Buyer's Premium Shall Be Applied To Any Winning Bid.
    B: Any & All Taxes Per County Tradition, Except When And/Or Where Exempt.
    C: The Winning Bidder Is Required To Pay Any Balance Due Within 72 Hours Of Court Confirmation.
    D: All Assets Are Sold As Is, Where Is, Without Representation Or Warranty.
    E: Terms & Conditions Posted & Prepared On This Page Are Subject To Change.

6. For Further Details & Information, Please Review The Following Documents:

Hoku Motion To Sell
Hoku Notice Of Hearing
Hoku Notice Of Sale

In Conjunction With Heritage Global Partners & Maynards Industries

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