Terms and Conditions
Effective from March 1, 2026
1. Subject of the Agreement
1.1 These terms and conditions are agreed upon by signing the rental agreement and govern the Lessor's rental and provision of services for PowerPack, including associated cables, fasteners, and standard accessories relevant to the solution.
1.2 The service agreement aims to ensure the product's optimal functionality through regular maintenance, repairs, and other services as specified in the agreement.
1.3 Moving the product without the Lessor's prior written consent is not permitted.
1.4 No warranties are provided regarding the product's functionality or durability, beyond what is agreed in Appendix 1 and applicable law.
2. Ownership and Product Location
2.1 The product remains the property of the Lessor at all times. The Customer obtains exclusive right of use and may not sell, pledge, lend, or transfer the product to a third party without the Lessor's written consent.
2.2 After installation, the product may not be moved or altered without the Lessor's prior written consent. Any unauthorized alteration is considered a material breach.
2.3 The Customer may not, themselves or through a third party, carry out repairs or other interventions on the product without the Lessor's consent. Violation may lead to immediate termination.
3. Rental Period and Termination
3.1 The rental agreement enters into force on the date both parties have signed the agreement. The specific duration of the rental period is stated in Appendix 1.
3.2 The agreement can be terminated by either party with a minimum of 6 months' written notice before the expiration of the current agreement period. The duration of the agreement period and any extensions are stated in Appendix 1. If the agreement is not terminated in due time, it will automatically be extended by 12 months under unchanged terms.
3.3 The Lessor may notify changes to the terms of the agreement with 30 working days' written notice. If the Customer does not accept the changes before the deadline, the agreement is considered terminated at the end of the current period.
3.4 Upon termination of the agreement, the Customer is obliged to return the product to the Lessor in the same condition as upon delivery, with the exception of normal wear and tear, and with prior agreement on return.
4. Price and Payment
4.1 The rent is invoiced quarterly in advance with the amount stated in the rental agreement. The amount may be changed by agreement and will appear in an updated appendix.
4.2 The payment deadline is net 5 days from the invoice date. An administration fee of DKK 99 per invoice will be charged if the Customer does not sign up for automatic payment. In case of delayed payment, a reminder fee of DKK 250 will be charged per reminder letter.
4.3 The Customer is obliged to take out and maintain insurance that covers the product against theft, fire, and damage. Documentation of insurance coverage must be submitted to the Lessor upon request.
4.4 In the event of a material breach of the payment obligation, the Lessor may terminate the agreement with immediate effect and demand the product returned. The Customer shall continue to pay rent for the remaining notice period, and the remaining amount shall become due immediately.
4.5 Prices may be adjusted annually as of January 1st by a maximum of EU HICP (Eurostat) plus 2 percentage points. If the EU HICP is negative, the increase may not exceed 2%.
5. Allocation of Responsibility
5.1 The Lessor assumes responsibility for the correct performance of services and disclaims all liability for indirect losses, including operating losses and lost profits.
5.2 The Customer is responsible for the correct use of the product and must immediately notify the Lessor of defects or damages.
6. Force Majeure
The Lessor cannot be held liable for delay or failure to fulfill obligations due to force majeure, including natural disasters, war, pandemics, strikes, or public restrictions beyond the Lessor's control.
7. Breach of Contract
7.1 Should the Customer materially breach the agreement, including by unauthorized repair or non-payment, the Lessor may terminate the agreement with immediate effect. The Customer must immediately return the product and promptly pay any outstanding amounts.
7.2 The Lessor may claim damages for breach corresponding to the actual loss incurred due to the Customer's breach.
8. Customer's Insolvency and Bankruptcy
8.1 Should the Customer file for bankruptcy, be declared insolvent, enter into restructuring proceedings, or commence voluntary liquidation, the Lessor is entitled to terminate the agreement with immediate effect without further notice.
8.2 Upon termination pursuant to section 8.1, the Lessor is entitled to immediately and without court order reclaim the leased product from the Customer's address. The Customer – as well as any trustee in bankruptcy, restructuring administrator, or liquidator – is obliged to grant the Lessor unimpeded access thereto.
8.3 As the product at all times remains the Lessor's property, cf. section 2.1, it does not form part of the Customer's bankruptcy estate or restructuring estate. The Lessor, as owner, may demand the product be released from the estate without having to file a claim.
8.4 Outstanding lease amounts and other claims arising before the termination date shall be registered as ordinary claims in the estate in accordance with applicable bankruptcy legislation.
9. Disputes
Any disputes shall be settled by the Maritime and Commercial Court in Copenhagen, applying Danish law.
Contact
If you have questions about our terms and conditions, please feel free to contact us: