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Leasing, Transactions, and Commercial Terms

Work letter

Work letter is a lease exhibit defining landlord and tenant construction obligations, specifications, approval process, costs, and schedule. It is especially important when delivery depends on power, cooling, commissioning, and phased capacity.

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Nameplate capacity

Nameplate capacity is the rated maximum output or throughput printed by the manufacturer or assigned in a registry. It is a starting point, not a guarantee of continuous deliverability under real operating, temperature, redundancy, or utility constraints.

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Middle mile

Middle mile is regional network infrastructure connecting local access networks to long-haul backbones or major exchange points. Powered-land sites far from dense fiber markets may need middle-mile upgrades to become viable.

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2N

2N means two complete independent systems or paths, each capable of supporting the full load. It is more resilient and costly than N+1, and the actual benefit depends on separation, controls, maintenance procedures, and shared dependencies.

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