Generator lease agreement

Comprehensive lease agreement suitable for renting out generators to other businesses. This document is suitable fro a one-off fixed term or multiple and ongoing rentals.

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About this document

This is a comprehensive agreement to lease any type of generator to another business.  It will be most commonly used to overcome power supply shortfall and in some circumstances to confirm statutory compliance of not using the power supply for commercial use in notified peak hours.

It has been drawn so as to primarily to protect interest of the lessor.  It is not suitable for a lease to a "consumer" because these documents do not provide for the vast amount of consumer protection law.

We have a number of other documents available for the lease of other equipment which are linked below. Choose whichever is most suitable for you.

Application and features

  • All usual provisions to protect your interests;
  • Sub letting not allowed;
  • Explanatory notes to cover every issue including need for stamp and registration;
  • Fuel expenditure responsibility;
  • Maintenance responsibility carefully fixed.

Contents

  • Compliance with relevant laws;
  • Rent payment - monthly in advance;
  • Retention Money; Security Deposit;
  • premature termination;
  • Inspection by Lessor; to view or show prospective lenders or buyers;
  • Condition and Repairs;
  • Insurance;
  • Governing law and jurisdiction;
  • Operation and safety.
Draftsman

This document has been drawn by Rakesh Taneja, unconnected with Net Lawman. Rakesh Taneja will welcome your contact for further legal help. There may be a charge for Rakesh Taneja services.

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