Glossary / finance terms
Utilisation
The proportion of defined available capacity that is used, sold or billed over a specified period.
Why the distinction matters
State the denominator and whether the measure is technical use, booked capacity or paid hours. High GPU use does not necessarily mean high collected revenue.
Read the structure
How GPU collateral and customer cash flows support lending, and where the two can diverge.
GPU-backed loans: contracts, equipment and repayment ↗For in-house counsel
Utilisation 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: The leverage covenant and run-rate EBITDA from signed contractsHow does a neocloud’s revolver treat contracted GPU revenue that has not started yet?
- 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.
- 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.
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