What the filed contracts say
| Contract | What the filed wording says |
|---|---|
| Applied Digital / CoreWeave lease | Termination for convenience on notice, against a fee of 100% of the scheduled Base Rent for the rest of the term, paid before the termination date. |
| BXDC form lease | Termination of any phase on notice, for a fee in a schedule, paid as liquidated damages. |
| BXDC form lease | The filer expects the fee usually to start at 100% of remaining Base Rent, in some leases falling over time. |
The filed wording
Tenant may terminate this Lease for convenience in whole so long as the following are satisfied by Tenant: (i) Tenant provides written notice of such termination to Landlord identifying the applicable date of termination (the “Early Termination Date”), which date may not be earlier than the date that is [***] following Landlord’s receipt of such notice, and (ii) Tenant pays Landlord the Early Termination Fee (defined below) in consideration of such termination right no later than the [***] day after Tenant delivers such termination notice to Landlord; and in all events, Tenant must pay such Early Termination Fee before the Early Termination Date can occur. Notwithstanding anything herein to the contrary, Tenant must continue to pay all Base Rent, Additional Rent and other charges due under this Lease through and including the Early Termination Date. The term “Early Termination Fee” shall mean and refer to an amount equal to one hundred percent (100%) of the total scheduled amount of Base Rent (plus any applicable Taxes – Other on such Base Rent) that would have become due under this Lease for the remaining Term of this Lease.
Redacted in the filed copy: [***] or [*] marks text the filer left out.
