VMware Cloud Director Leases provide control over an organization's storage and compute resources by specifying the maximum amount of time the vApps can run and the maximum amount of time the vApps and vApp templates can be stored.
Runtime Lease: A runtime lease prevents inactive vApps from consuming compute resources. For example, if a user starts a vApp and goes on vacation without stopping it, the vApp continues to consume resources. A runtime lease begins when a user starts a vApp. When a runtime lease expires, VMware Cloud Director stops the vApp.
Storage Lease: A storage lease prevents unused vApps and vApp templates from consuming storage resources. A vApp storage lease begins when a user stops the vApp. Storage leases do not affect the running vApps. A vApp template storage lease begins when a user adds the vApp template to a vApp, adds the vApp template to a workspace, and downloads, copies, or moves the vApp template.
When a storage lease expires, VMware Cloud Director marks the vApp or vApp template as expired or it deletes the vApp or vApp template, depending on the organization policy you set.
In a production Telco deployment, the provisioned applications are meant to run until their end of life. Hence, set the runtime and storage leases to not expire.