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Checklist · 15 items · 5 sections

Reviewing a TPU or GPU equipment lease

The points to settle in a compute equipment lease, from structure and rent to the site documents, default, buy-out, return and sell-down. Each item links to the clause in the contract library, quoted from the lease Broadcom filed for its Google TPU pods leased to an Anthropic subsidiary.

For: Lessor, lessee and financier counsel on a lease of TPU or GPU pods to an AI lab or GPU cloud, and data centre owners asked to host leased chips.

Randeep Bubbra | Lawyer | Making the next generation of infrastructure financeable · Firm profile ·

What it covers

Structure and rent

  1. Decide whether the lease is meant to be a financing, and back it with a security interest grant and UCC filings either way See the filed terms →
  2. Agree who is tax owner and the fixed end-of-term purchase price See the filed terms →

2 more items in the PDF.

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All 15 items as a PDF you can use in a transaction file.

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How to use it

A general starting list, not a complete list for any deal. Items that link to filed terms show how the public deals handle the point. General information drawn from public filings. It is not legal advice on any transaction, and using this page does not create a lawyer-client relationship. Views are personal.

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