Effects to My Operation/Business
CONCERN
What Happens If I Move My Operations?
Our contract provides several options:
- You can move the equipment to your new location; you are responsible for the cost to move and reinstall;
- You can terminate our agreement by paying the Stipulated Loss charge, and sell the equipment;
- You can terminate the agreement by paying the Stipulated Loss charge and Exergy will reclaim the equipment; we will pay you the salvage value we receive; or
- You can have your existing landlord or new lessee take over the contract.
CONCERN
What If I Lease My Space?
Most of our customers lease their space, so this is not an issue: The landlord simply signs an form stipulating that Exergy owns the equipment, and the equipment is not considered a fixture of the property.