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

Recording of a 90-minute CLE webinar with Q&A


Conducted on Wednesday, November 4, 2015

Recorded event now available

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Program Materials

This CLE webinar will guide business and technology counsel in navigating the complex legal and business issues involved in data center lease agreements. The panel will examine the unique, critical provisions for these leases and best practices for structuring service level agreements (SLAs).

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.

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Outline

  1. Trends in data center leasing
  2. Technology issues driving lease terms and needs
  3. Types of data center leases
  4. Industry-specific provisions
  5. Service level agreements

Benefits

The panel will review these and other key issues:

  • Types of data center leases and the key technology and equipment involved
  • Legal issues in structuring data center leases and strategies for negotiating industry-specific lease provisions
  • Best practices for counsel to best mitigate risk when drafting and negotiating service level agreements

Faculty

Orwick, David
David L. Orwick

Partner
Thompson Coburn

Mr. Orwick represents clients in a variety of real estate and construction transactions. His real estate experience...  |  Read More

Pawlitz, Aaron
Aaron L. Pawlitz

Member
Lewis Rice & Fingersh

Mr. Pawlitz counsels companies and not-for-profit entities in a wide range of industries, including construction,...  |  Read More

Petry, Mark
Mark Petry

Special Counsel
Cooley

Mr. Petry's practice focuses on all aspects of technology and other commercial transactions, including counseling,...  |  Read More

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