A list of all terminated instances and their history. When an instance is terminated, it will transition through the "shutting-down" phase before it's terminated. During the "shutting down" phase an instance will still be listed in the Active Servers table. It is not until the server is completely shut down that it shows up here in the Terminated Servers list. Once a server appears under the Terminated Servers list, you will no longer incur server usage charges.
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