Data Hall definition
Examples of Data Hall in a sentence
Commencing on the first (1st) Escalation Date for the applicable Data Hall, and continuing with respect to such applicable Data Hall, until the expiration of the initial Term with respect to such applicable Data Hall, the monthly Base Rent Rate for such applicable Data Hall will increase annually on each Escalation Date, by [***].
For the avoidance of doubt, the Escalation Date for each applicable Data Hall under this Lease shall be based upon the Commencement Date for such applicable Data Hall.
Commencing on the applicable Commencement Date of a Data Hall and continuing throughout the Term for such applicable Data Hall (subject to escalation set forth herein), Tenant’s Base Rent for such Data Hall will be equal to the product of the Base Rent Rate for such applicable Data Hall multiplied by its applicable Electricity Demand Threshold of such Data Hall (as escalated from time to time, the “Base Rent”), to be paid in accordance with the provisions of this Lease.
All such repairs shall be performed in a diligent, competent and workmanlike manner and in a manner which will not impair the proper functioning of the Data Hall or Premises or void any manufacturers or installation warranties of equipment in the Premises.
For example, if the Commencement Date for an applicable Data Hall is October 24, [***], then the first escalation of the Base Rent Rate for such applicable Data Hall will occur on November 1, [***] and the Base Rent Rate for such applicable Data Hall will continue to escalate thereafter on November 1 of each year during the Term.
For example, if the Commencement Date for an applicable Data Hall is July 5, [***], then the first escalation of the Base Rent Rate for such applicable Data Hall will occur on August 1, [***] and the Base Rent Rate for such applicable Data Hall will continue to escalate thereafter on August 1 of each year during the Term.
The initial rate of Base Rent under this Lease is [***] per kW contracted for by Tenant under this Lease per Data Hall per month (“Base Rent Rate”), subject to annual escalations described below.
Within the “Allowable” range for a Data Hall Environment as defined by ASHRAE TC 9.9 “Thermal Guidelines for Data Processing Environments,” Recommended Class A2, as issued in 2021, as measured between two (2) and five (5) feet above the floor in the cold aisles within the Data Hall.
The initial rate of Base Rent under this Lease is $[***] per kW contracted for by Tenant under this Lease per Data Hall per month (“Base Rent Rate”), subject to annual escalations described below.
The data centres have the following security features: • Site Security o The Data Hall is run as a dark site, with no staff residency.