Glossary / finance terms
Service level agreement (SLA)
Contract terms setting required uptime and performance, with credits or penalties for breaches. In GPU contracts SLA credits directly reduce the cash available to lenders.
In the filed deals
Morningstar DBRS cited achievable uptimes and resilience to SLA penalties in rating Lambda Compute I.
For in-house counsel
Service level 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.
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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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