Generator lease agreement
Emergency Generator Lease Agreement Services. City of Palo Alto Request for Quotation (RFQ) number: Pre-bid Meeting. When this lease agreement expires, you agree to immediately return the equipment or you will continue paying rent at the rate specified in this agreement until. Create a Lease Agreement in minutes using a step-by-step template. A lease agreement is an arrangement that allows a user, or lessee, to use an asset. This is a comprehensive agreement to lease any type of generator to another business. Sublessor allows Sublessee, at Sublessee's sole cost and risk, to "tie into" up to kVA of Generator power on the fifth floor of the Building. Tenant hereby agrees to indemnify Landlord from and against any breach by Tenant of the obligations stated in the preceding sentence, and agrees to defend and hold Landlord harmless from and against any and all claims, judgments, damages, penalties, fines, costs, liabilities, or losses including, without limitation, diminution in value of the Building, damages for the loss or restriction or use of rentable space or of any amenity of the Building, damages arising from any adverse impact on marketing of space in the Building, sums paid in settlement of claims, reasonable attorneys' fees, consultant fees and expert fees which arise during or after the Term of this Lease as result of such breach. This Lease constitutes the entire agreement between the Parties. Landlord shall have the right, in Landlord's sole discretion, at any time and from time to time during the Term, upon reasonable notice to Tenant, to relocate the Tenant's Generator to another area of the Building. At the expiration of the term of this Lease, the Tenant will quit and surrender the Property in as good a state and condition as they were at the commencement of this Lease, reasonable use and wear and tear excepted. What type of property is being rented?
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