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Glossary / finance terms

Net recovery

Cash expected or realised from a recovery route after the costs and priority claims included in the calculation.

Why the distinction matters

State the timing, removal, logistics, sale, operating and legal costs. Gross equipment price does not establish cash available to the secured lender.

Read the structure

What a value floor can cover, and the recovery risks that can remain.

Residual value guarantees and GPU exit risk ↗

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.

Related terms

Explanatory definition, not a statement that a particular transaction contains this term or a substitute for its contractual definition.

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Randeep Bubbra

InfraCompute Weekly

The week in compute finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing data centres, GPU clouds and the power behind them. By Randeep Bubbra.

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