What is a colocation agreement? Colocation Agreement means and refer to a license agreement, by and between Tenant and a Colocation Customer, whereby Tenant provides such Colocation Customer (and its related Colocation Parties) a license for the sole purpose of engaging in Colocation Activities within the Tenant Space.
Is a colocation agreement a lease? Colocation Lease means the long-term lease agreement that the County will enter into with the Colocation Agency during Phase II for the County to convey to the Colocation Agency a leasehold interest in the Colocation Premises in the event the parties enter into the Phase II Funding Agreement and the Project is
What is co location and why is it used? A colocation facility, or colo, is a data center facility in which a business can rent space for servers and other computing hardware. Typically, a colo provides the building, cooling, power, bandwidth and physical security, while the customer provides servers and storage.
What is a colo DC? Data Center Colocation (aka “colo”) is a rental service for enterprise customers to store their servers and other hardware necessary for daily operations. The service offers shared, secure spaces in cool, monitored environments ideal for servers, while ensuring bandwidth needs are met.