← All glossary terms

Leasing, Transactions, and Commercial Terms

Outside date

Outside date is the deadline after which a party may terminate or remedies may apply if required milestones have not occurred. It is important for long-utility-lead projects where delay risk must be allocated clearly.

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IT load

IT load is the power consumed by servers, storage, and network equipment. Many data center metrics and leases revolve around IT load, while utility interconnection may consider total facility load including cooling and losses.

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Reserved capacity

Reserved capacity is power, space, or service capacity held for a customer before full utilization. It should specify whether the capacity is physical, contractual, utility-committed, deliverable, and subject to milestones or release rights.

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Capacity market

A capacity market pays resources for being available to meet future reliability needs. It matters to data center users because capacity costs can flow through tariffs or market settlements, and large-load growth can influence regional resource adequacy.

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