[HCoop-Discuss] other thing to note

[Justin S. Leitgeb]

Even though the likelihood of something happening to our equipment may 
be small, can we ask our Peer 1 rep to point us towards an insurance 
company that covers other organizations in their colocation center?  It 
might not be that much for our relatively small amount of equipment, and 
that way we would be able to stop worrying about the TOS.  A quote for 
coverage based on the estimated value of our equipment should be quick 
and free.

Either way, thanks for your notes on this, Nate.  It does sound like we 
should go ahead with Peer 1 regardless of the outcome of the insurance 
issue.

Justin


Nathan Kennedy wrote:
> The contract is for a term of one year, so the terms are rather 
> important, in that we can't pack up and leave unless Peer1 is in 
> material breach (and we don't breach first).  So, although we do have a 
> strong argument for waiver, and Woody has basically assured us that they 
> will not ask for proof of insurance, the term is somewhat more onerous 
> in that in addition to A and B in my previous email, if there is no 
> waiver, then they could require us to get insurance at any point for the 
> rest of the term.
>
> I still think we should go ahead.  If Peer1 works out well, then most 
> likely at the end of the term (or earlier) we will want to move into a 
> bigger cabinet, and then we may have the leverage we need to get them to 
> remove the offending term from the contract.
>
> -ntk
>
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