Take-or-pay lease structure
Company: Applied Digital
The claim, verbatim
Applied Digital has structured its lease agreements as take-or-pay contracts, requiring tenants to pay base rents regardless of whether they fully utilize reserved computing capacity
Source (primary)
Is Applied Digital Stock a Buy? - Yahoo Finance (-, news_article)
View cached copy (2026-09-21)Live source ↗
Quote: “Applied Digital has structured the contracts as take-or-pay lease agreements. This requires tenants to pay the contractually specified base rents regardless of whether they fully utilize the computing capacity they have reserved”
How we checked this
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Additional evidence
confirms Is Applied Digital Stock a Buy? - Yahoo Finance
Quote: “Applied Digital has structured the contracts as take-or-pay lease agreements. This requires tenants to pay the contractually specified base rents regardless of whether they fully utilize the computing capacity they have reserved”