1. All bids are final.
Bidders are strongly advised to obtain a copy of the appropriate stallion owner/agent breeding contract prior to bidding. Neither Texas A&M University, the College of Veterinary Medicine & Biomedical Sciences, nor the Equine Reproductive Studies programs are responsible for contracts, websites, or pertinent information regarding stallion seasons (breedings) offered on the auction website.
2. Agreement to Abide by Breeding Contracts.
By placing a bid, the bidder agrees to abide by the terms of the stallion owner/agent breeding contract, and to pay for any fees or charges beyond the breeding fee, including but not limited to booking fees, per day mare care, veterinary expenses, costs associated with frozen or chilled semen shipment, foal registration fees, re-breeding fees, or fees associated with Intracytoplasmic Sperm Injection (ICSI). Registration of a foal resulting from this breeding is subject to all the established rules and regulations of the stallion’s breed registry. The bidder understands that it is his/her responsibility to obtain and thoroughly read the stallion owner/agent breeding contract prior to placing a bid.
Session One bidding opens at noon (CST) on December 3, 2020, and ends at noon (CST) on December 17, 2020. Session Two bidding opens at noon (CST) on January 5, 2021, and ends at noon (CST) on January 19, 2021. Session Three bidding opens at noon (CST) on January 26, 2021, and ends at noon (CST) on February 9, 2021. Winners will be notified within 24 hours of the close of bidding. Bids may not be withdrawn or decreased once placed; therefore, when bidding closes, the highest bidder is responsible for timely payment. Payment in full by an approved method (check or money order made payable to Texas A&M University or by a major credit card via the auction website) is required to be postmarked within 10 days following the close of the session involving the successful bid. Failure to submit payment within this time frame may result in the bid being voided and transferred to the next highest bidder. If no bids were submitted during a given session, the season will be returned to the auction during the next session. The stallion seasons (breedings) being offered are for the 2021 breeding season.
4. Certain states, by state law, may assess a sales tax that will be added to the sales price for horses standing in said states.
The bidder understands that if he/she should place a winning bid and the stallion should die, be gelded, be determined unfit for breeding, or be sold prior to breeding the mare, only money paid to Texas A&M University for the auctioned stallion service will be refunded and shall constitute payment in full for any damage that may be incurred by the bidder and/or his/her agent. All seasons are offered on a NO GUARANTEE non-refundable basis except those marked LFG, which are sold LIVE FOAL GUARANTEE, according to the terms of an individual stallion owner/agent breeding contract.
6. Release from liability.
The bidder agrees and acknowledges that he/she fully realizes and accepts that there is a possible danger of accident, injury, sickness, or death involved in the breeding of horses and the attendant care of the mare and foal. The bidder voluntarily assumes all risks of accident, injury, sickness or death to said mare and/or foal and specifically releases Texas A&M University, the College of Veterinary Medicine & Biomedical Sciences, and the Equine Reproductive Studies programs, their directors, trustees, officers, advisors, and agents from all liability for any accident, injury, sickness, or death to said mare and/or foal from any cause whatsoever, and specifically waives any and all claims resulting from such accident, injury, sickness, or death.
7. Release from warranty.
The bidder specifically acknowledges and understands that the involved organizations make no warranties either expressed, implied or by any other means of interpretation in connection with this agreement. It is expressly understood that the Equine Reproductive Studies programs are acting only as a clearinghouse in providing the Legends Premier Stallion Auction to breeders and that the stallion owner/agent, in turn, has agreed to contribute the purchase price of the stallion season fee to benefit the activities of the Equine Reproductive Studies programs. The organizations assume no liability for disputes that may arise between the bidders and the stallion owners/agents. The organizations affiliated with this auction make no guarantees of conception or delivery of a live foal. Live foal guarantees are subject to the stallion owner/agent breeding contract. Stallion owners/agents are responsible for all content provided on the auction web site.
8. Enforcement of Breeding Contract.
In the event of a contract dispute over the enforcement of the breeding contract, the burden and expense of litigation will be borne by the mare owner.
9. Mailing Address for Payment.
A check or money order made payable to Texas A&M University should be mailed to the following address: Legends Premier Stallion Auction, 4475 TAMU, College Station, TX 77843-4475. Please indicate “Equine Reproductive Studies Fund” on the memo line of the check. (Payment by a major credit card via the auction website is also acceptable.)
The terms and conditions of this auction are governed by the laws of the state of Texas.