ROOFTOP ON LEASE
ROOFTOP ON LEASE
ROOF TOP ON LEASE/LEASE BASIS means buyer / offtaker / Lessee will chose to pay the the Lessor the Lease/ Rentals to the “Investor”/ Lessor of the “project” on monthly basis as per the terms of TERMS SHEET (LOI) at initial stage after the “Conversation” as the TERMS SHEET (LOI) shall convert into a “Agreement” (LEASE OR DP ).In this model the Lessee acknowledges, confirms and declares that during the subsistence of this Lease, it holds the Equipment as a mere bailee of the Lessor/ Seller/“Investor” and that except to what is stated hereinabove, it shall not have any proprietary right, title, or interest in the Equipment or any part thereof and shall at all times, protect and defend as bailee / Lessee of the Equipment, the Lessor’s absolute and paramount ownership right and title thereto and that it shall not at any time, advance or make any claim adverse to or in derogation of the Seller/“Investor” of “Solar power rooftop “Project”: the Lessor’s absolute and permanent ownership right and title.
The SNAD shall install, use and operate the Equipment carefully and maintain the same in good working condition and repair at its own cost and expenses in conformity with the instructions or operational manuals given by the Manufacturer and The buyer / offtaker / Lessee will comply with the support of SNAD with all statutory operation and other requirements of law, rules, regulations, maintenance and directions as applicable to the storage or/and repairs, installation use and operations of the Equipment, SNAD with the support of The buyer / offtaker / Lessee ensure that the Equipment is operated by suitably trained personnel for the purpose for which it is designed and not to do or omit to be done any act or thing by which the warranties and performance guarantees given by the manufacturer would be invalidated or become unenforceable wholly or partly. The buyer / offtaker / Lessee with the documentary support of SNAD shall obtain and keep effective all necessary licenses, permissions and consents for the storage, installation and use and operation of the Equipment and furnish the same to the Lessor on demand.
We are providing Solar Rooftop Leasing services to:
- Lessee is a Company
- Lessee is a Partnership Firm
- Lessee is a Sole Proprietorship
- Lessee is a joint Hindu Undivided Family (HUF)
- Lessee is the Governing Body of a Society by Constitution,
- Lessee is a Trust by Constitution
- Lessee is an Individual by Constitution
Get your Rooftop without investment and get the full solar benefit