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market conditions; or (b) adverse seasonal conditions not physically preventing Delivery, mechanical
failures, or delayed shipping.
Full Assessment: means an Assessment for Livestock which has been carried out by an Accredited
Assessor. A Full Assessment entails more detailed fields and is compulsory for any stock which carry a
pregnancy status (PTIC, SIL, SM, NSM) or Livestock Listings which have progeny (calves, lambs, kids at
foot).
Government Agency means any government or governmental, administrative, monetary, fiscal, or
judicial body, department, commission, authority, tribunal, agency or entity in any part of the world
and includes any self-regulatory organisation established under statute or any stock exchange.
GST means goods and services tax and includes any replacement or subsequent similar tax.
Insolvency Event in relation to a party means any of the following: (a) the party enters into a scheme
of arrangement with its creditors; (b) the party is wound up or dissolved, or an administrator,
liquidator or receiver is appointed; (c) the party is placed under official management, commits an act
of bankruptcy or is charged with a criminal offence; or (d) the party is otherwise bankrupt or
insolvent or unable to pay its debts when they fall due.
Intellectual Property Rights means all intellectual and industrial property rights and interests
throughout the world, whether registered or unregistered, including trademarks, designs, patents,
inventions, circuit layouts, copyright and analogous rights, trade secrets, confidential information,
know how, processes, concepts and all other intellectual property rights as defined in Article 2 of the
convention establishing the World Intellectual Property Organisation of 14 July 1967 as amended
from time to time, but excluding moral rights.
Laws means: (a) legislation, ordinances, regulations, by-laws, orders, awards, proclamations,
directions and practice notes of the Commonwealth, a State or Territory or any Government Agency;
(b) certificates, licences, consents, permits, approvals, qualifications, registrations, standards and
requirements of organisations having jurisdiction in connection with the supply of the Lot under this
User Agreement; and (c) common law, equity and all other laws from which legal rights and
obligations may arise.
Legal Compliance Terms means: (a) any term or condition prescribed by Law including any term or
condition mandated by Law relating to auctions; and (b) provisions of the Vendor Terms and
Conditions or Selling Agent Terms and Conditions that are required for compliance with Law,
including any term or condition mandated by Law relating to auctions.
Light Assessment: means an Assessment for Livestock which has been carried out by an Accredited
Assessor. A Light Assessment on the On The Box platform has the minimum amount of fields for an
assessment.
Listing Fee means the fee payable to On The Box for listing a Lot for sale on the Platform in
accordance with clause 5.1.
35 | On The Box Terms & Conditions