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Renewal price is only a cap

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Gav
2023-07-31 16:45:30 +01:00
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@@ -167,7 +167,7 @@ The Sale Price varies during an initial portion of the Purchasing Period called
At any time when there are remaining Regions of Bulk Coretime to be sold, *including during the Interlude Period*, then certain Bulk Coretime assignmnents may be *Renewed*. This is similar to a purchase in that funds must be paid and it consumes one of the Regions of Bulk Coretime which would otherwise be placed for purchase. However there are two key differences.
Firstly, the price paid is exactly `RENEWAL_PRICE_CAP` more than what the purchase/renewal price was in the previous sale.
Firstly, the price paid is the minimum of `RENEWAL_PRICE_CAP` more than what the purchase/renewal price was in the previous sale and the current (or initial, if you to begin) regular purchase price.
Secondly, the purchased Region comes preassigned with exactly the same workload as before. It cannot be traded, repartitioned, interlaced or exchanged. As such unlike regular purchasing the Region never has an owner.
@@ -273,11 +273,11 @@ Renewal is only valid where a Region's span is assigned to Tasks (not placed in
**Renewal Price**
The Renewal Price is:
The Renewal Price is the minimum of the current regular purchase price (or the initial purchase price if in the Interlude Period) and:
- If the workload being renewed came to be through the *Purchase and Assignment* of Bulk Coretime, then the price paid during the Purchase operation.
- If the workload being renewed came to be through the *Purchase and Assignment* of Bulk Coretime, then the price paid during that Purchase operation.
- If the workload being renewed was previously renewed, then the price paid during this previous Renewal operation plus `RENEWAL_PRICE_CAP`.
- If the workload being renewed is a migation from a legacy slot auction lease, then the nominal price for a Regular Purchase (outside of the Lead-in Period) of the Sale during which the legacy lease expired.
- If the workload being renewed is a migation from a legacy slot auction lease, then the nominal price for a Regular Purchase (outside of the Lead-in Period) of the Sale during which the legacy lease expires.
#### 8. Instantaneous Coretime Credits