Glossary / finance terms
Add-on notes
Further notes issued under an existing indenture, on the same terms, usually to fund expansion. Indentures limit them with tests such as maximum loan-to-cost.
In the filed deals
The Flash Compute (TeraWulf/Fluidstack) bond caps add-on debt at 70% loan-to-cost; Core Scientific's at 85%.
For in-house counsel
Take it to the documents
The filed wording behind GPU and data centre financings, for either side of the table. Previews are open; the full text is free with InfraCompute Weekly.
- Financing clause libraryCash traps, coverage ratios, cures and step-in, from the filed deals.
- Contract libraryGPU contracts, leases, power, equity and JVs, quoted from filed contracts.
- Issues list builderBuild an issues list from the lender’s or the borrower’s side.
- The legal desk for in-house counselContract library, issues lists, checklists and English law notes.
Related terms
Explanatory definition, not a statement that a particular transaction contains this term or a substitute for its contractual definition.
← Browse all definitions