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Leasing, Transactions, and Commercial Terms

Take-or-pay

Take-or-pay means the customer pays for committed capacity or service whether or not it fully uses it. This can help providers finance infrastructure but creates risk for customers whose load ramp is delayed.

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IST

Integrated Systems Testing tests electrical, mechanical, controls, and operational systems together under realistic scenarios. IST often surfaces coordination, controls, sequencing, and failure-mode issues that single-system tests miss.

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Load letter

Load letter is a customer-provided or utility-requested summary of expected electrical load, timing, voltage, redundancy, and operating characteristics. It is often an early artifact in large-load utility conversations and should be consistent with ramp and design assumptions.

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Gray space

Gray space is support infrastructure area such as electrical rooms, mechanical rooms, staging, storage, and back-of-house space. It may not directly house servers, but it is essential to making white space usable and reliable.

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