Structuring Data Center Leases and Service Level Agreements: Navigating Unique Legal and Practical Challenges

Description

As the amount of data companies collect continues to surge, the need for data centers to store and manage the data is also on the upswing. When negotiating leases for data storage, industry-specific lease provisions and documentation are critical. Data center leases require an understanding of the equipment and technology in use and the complex legal issues that arise.

Data center leases must address rent calculation (square footage vs. power usage), space alterations, critical power and cooling requirements, assignment and subletting rights, non-disturbance protection, access security (virtual and physical), continual fiber connectivity, expansion and renewal options, and risk mitigation.

A key ancillary agreement to data center leases is the SLA. Well drafted SLAs not only address the current level of anticipated service, but also outline what will happen when the unexpected occurs, relationships break down, or the parties need to make additions, deletions and modifications to the service levels.

Listen as our authoritative panel reviews the legal and business issues inherent in data center leases, unique provisions for these leases, and best practices for drafting appropriate service level agreements.