Glossary / finance terms
Colocation agreement
The contract under which a data centre operator houses a customer's servers and provides power and cooling. In GPU financings it is a key project contract, and lenders usually want a direct agreement with the colocation provider.
In the filed deals
IREN's Hardware 3 financing required a Colocation Direct Agreement as a condition to funding.
For in-house counsel
Colocation agreement in the filed documents
Where the term turns up in filed contracts and what is market, for the lender’s or the borrower’s side. Previews are open; the full text is free with InfraCompute Weekly.
- Contract library: A licence, not a lease: the facility lender comes firstIf the data centre’s own lender enforces, does the colocation contract survive?
- Contract library: The hyperscaler’s own equipment in the hallIf the hyperscaler owns servers in a neocloud’s space, how are they protected and removed?
- Financing clause libraryCash traps, coverage ratios, cures and step-in, from the filed deals.
- The legal desk for in-house counselContract library, issues lists, checklists and English law notes.
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Explanatory definition, not a statement that a particular transaction contains this term or a substitute for its contractual definition.
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