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Leasing, Transactions, and Commercial Terms

Liquidated damages

Liquidated damages are pre-agreed monetary remedies for specified failures such as late delivery. They need careful drafting because enforceability, caps, exclusions, and relationship to service credits can vary.

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Ramp schedule

Ramp schedule is the contractual or operational timeline for adding capacity or load. In data centers, ramp schedules should align utility delivery, construction phasing, equipment procurement, commissioning, customer deployment, and billing obligations.

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Substation

A substation is a facility that switches, protects, transforms, meters, and controls power flows between grid elements or to a customer. For data center development, substation feasibility includes land, equipment, utility ownership, interconnection, transformer capacity, relay design, and schedule.

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Easement

Easement is a legal right to use another person's land for a specific purpose. Data center sites often need easements for transmission, distribution, fiber, access roads, drainage, water, and sewer infrastructure.

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