Backstop effectiveness and termination conditions
Company: TeraWulf - Project: Justified Data
The claim, verbatim
Each backstop becomes effective on the commencement date for the final data hall under its lease and can terminate after Anthropic, or an affiliate guaranteeing its lease obligations, achieves and maintains specified investment-grade ratings for at least three months.
Source (primary)
TeraWulf Lines Up Google Backstop for Anthropic’s Kentucky AI Campus - Unite.AI (-, news_article)
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Quote: “Each backstop becomes effective on the commencement date for the final data hall under its corresponding lease. It can terminate after Anthropic, or an affiliate that guarantees its lease obligations, achieves and maintains specified investment-grade ratings for at least three months.”
How we checked this
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Additional evidence
confirms TeraWulf Lines Up Google Backstop for Anthropic’s Kentucky AI Campus - Unite.AI
Quote: “Each backstop becomes effective on the commencement date for the final data hall under its corresponding lease. It can terminate after Anthropic, or an affiliate that guarantees its lease obligations, achieves and maintains specified investment-grade ratings for at least three months.”