Tools / Checklists / Enforcement readiness in a GPU or data centre financing
Checklist · 18 items · 5 sections
Enforcement readiness in a GPU or data centre financing
What the documents need for enforcement to work if the borrower fails: taking the GPUs, the site, the customers, a Chapter 11 or administration and the sale. Each item links to the point in the enforcement playbook, with the US and English rules side by side.
For: Lender and sponsor counsel, and data centre owners, on a GPU or data centre financing, before signing and again at the first sign of trouble.
What it covers
Taking the GPUs
- An assembly covenant: on default the borrower delivers the GPUs, serial numbers and credentials where the lender names See the filed terms →
- Out-of-band management access or an escrowed credential, with the notice the sponsor needs before any switch-off See the filed terms →
2 more items in the PDF.
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.
