Common Contracts
1 similar null contracts
GRANT OF RIGHT; TERMTennessee • June 19th, 2019
EPB owns Space as described in the Proposal. Subject to the terms and conditions of this Agreement, EPB hereby grants to Tenant the right to access (24 hours a day, 7 days a week), occupy and use certain prepared rack space in the EPB Co-Location facility located at 1401 Oak Street in Chattanooga, Tennessee. This Agreement shall become effective on the date of equipment installation by Tenant and shall remain in effect for the term indicated in the Proposal. After the expiration of the initial term, this Agreement shall continue month to month until either party terminates the Agreement by providing sixty (60) days prior written notice of its intent to terminate. If Tenant chooses to continue occupying the Space on a month to month basis at the expiration of the initial term, Tenant’s pricing shall increase by ten percent 10% or to EPB’s then-current pricing, whichever is higher.
