What the filed contracts say
| Contract | What the filed wording says |
|---|---|
| Applied Digital / CoreWeave lease | No credit for a first grace period, then rising tiers of daily Base Rent credits until the phase is delivered. Every number is redacted. |
| BXDC form lease | Commercially reasonable efforts to deliver each phase and its power by the target date; daily rent credits after a deadline, at a higher rate after a set number of days. |
The filed wording
For each day that the applicable Commencement Date Conditions for the applicable Phase are not satisfied following the applicable Target Commencement Date, [***], Tenant shall be entitled to late delivery credits for such applicable Phase as follows: (i) Tenant shall be entitled to no late delivery credit(s) with regard to the first [***] days following the Target Commencement Date, [***]; … (ii) assuming the applicable Commencement Date Conditions are not yet satisfied, Tenant shall be entitled to a late delivery credit equal to [***] Base Rent for each day between and including the [***] day following the Target Commencement Date, [***], until the earlier to occur of: (a) the date upon which the Commencement Date Conditions have been satisfied, and (b) the [***] day following the Target Commencement Date; … (iv) assuming the applicable Commencement Date Conditions are not yet satisfied, Tenant shall be entitled to a late delivery credit equal to [***] Base Rent for each day between and including the [***] day following the Target Commencement Date, [***], until the date upon which the Commencement Date Conditions for such Phase have been satisfied (the late delivery credits described herein are referred to herein, collectively, as the “Late Delivery Date Credits”).
Redacted in the filed copy: [***] or [*] marks text the filer left out.
