jain.com

Google remedies include lease assumption or termination fee with Raylan interest

Company: TeraWulf

Subject kind
financing
Statement date
2026-11-04
Current status
stated

The claim, verbatim

After a covered payment default or insolvency event and notice, Google can pay rent owed and assume the lease or, in specified circumstances, pay a declining termination fee that entitles it to acquire an interest in TeraWulf subsidiary Raylan.

Source (primary)

Google Credit Backstop Supports TeraWulf’s Anthropic Project, With Conditions - remio (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “Under specified circumstances, it can instead pay a termination fee, which entitles it to acquire an interest in Raylan.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Google Credit Backstop Supports TeraWulf’s Anthropic Project, With Conditions - remio

Quote: “Under specified circumstances, it can instead pay a termination fee, which entitles it to acquire an interest in Raylan.”

View cached copy (2026-11-06)Live source ↗Archive.org ↗