TDC Rail Advisors LLC (Broker), along with COMMTREX, Inc. (website host / bid listing) are requesting purchase proposals for a group of rail equipment (“Cars”) owned by a 3rd Party. The group of railcars consists of 64 Tank Cars of similar build. All of the Cars are subject to an active Management Agreement which will be further detailed within.
All bids must be given in writing to TDC Rail Advisors, LLC, or submitted through this online form (via http://www.commtrex.com) and be received by 5:00 PM CST on January 31st, 2018. All bids will be final pending acceptance by 3rd Party owner.
please review all documents before bidding.
Continuing through the online bidding form acknowledges your agreement to the rules and the cars and car conditions noted in these documents.
Please read the full invitation to bid, downloadable or readable here, or click on the blue button, below.
SUBMIT YOUR RFP RESPONSE ONLINE
Complete this online form to submit your offer. Contact us if you have any problems.
Each Recipient is expected to perform or arrange for their due diligence. Any prospective buyer is expected to review and confirm all documentation and materials as part of their due diligence process.
Expected Closing Date will be March 16th, 2018. Seller will retain allrents through March and Buyer will received rents starting on April 1st, 2018.
Bidder may bid on any number Cars within the lease, but bids including all SixtyFour (64) Cars are strongly preferred.
Bids should include the identity of the purchaser, the cash price for equipment, any conditions precedent to the purchaser’s closing, and any factors that may affect final cash price.
Any Sales or Transfer Tax that may be applicable shall be paid for by theSeller.
Each Party is expected to pay its respective transaction expenses. Purchaser will be responsible for any re-marking costs, STB opinions, searches, filing, and inspection costs.
The information in this Request including but not limited to information regarding the equipment and respective leases is being furnished solely for use by the Recipient thereof in considering their interest in submitting a proposal to purchase. Recipient, by accepting delivery of this Memorandum, agrees to the provisions outlined in thisNotice.
No representation or warranty, express or implied, regarding the accuracy or completeness of any information contained in, or for any omissions from, this Memorandum, or in any other written or oral communication transmitted or made available to Recipient, and Recipient agrees that Brokers and its affiliates and representatives shall have no liability for any misstatement, omission or opinion expressed in this Memorandum and no obligation to supplement or to provide any additional information. Reference is made to the actual documents for complete information, and all summaries are qualified in their entirety such reference. Nothing contained in this Memorandum is, or shall be relied upon as, a promise or representation as to the past or future.
This Memorandum does not contain all of the data that may be required to evaluate the assets being sold. In making a decision to purchase a Transaction, Recipient must make its own independent investigation into all aspects of the Transaction, including the merits and risks involved, and must rely on its own examination of information, whether obtained herein or otherwise, without reliance on Broker or any affiliate. If Recipient does not purchase the Transaction, Recipient agrees to destroy the Memorandum and all related information and all copies made thereof.
Recipient should not construe the contents of this request as legal, accounting or tax advice and should not rely on any information provided herein for such purchase. Each Recipient should consult its own counsel, business or adviser on all matters concerning the transactions described herein. Broker with the 3rd Party Owner reserves the right, at its sole discretion and for any reason whatsoever, to elect not to pursue any or all of the proposals submitted hereunder without obligation.
Any questions regarding this request should be directed to Broker - Dan Corley of TDC Rail Advisors, LLC using the above contact information. Recipient may not contact the Lessee(s), Guarantor(s), Management Company, or any other parties regarding the transaction without the prior written consent of Broker.