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Conditional release from GPU lease payment obligations

Company: Applied Digital

Subject kind
customer
Statement date
2026-07-23
Current status
stated

The claim, verbatim

Applied Digital stated that if it could re-lease the GPU clusters to another customer, it would release Character Tech. from its payment obligations for those re-leased GPUs otherwise due under the Agreement.

Source (primary)

Docket 279 entry #32 - 1 (RECAP, court_filing)
View cached copy (2026-09-10)Live source ↗

Quote: “Applied Digital avers that if Applied Digital was able to re-lease the clusters to another customer, Applied Digital would release Character Tech. from its payment obligations for those re-leased GPUs otherwise due under the Agreement.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Docket 279 entry #32 - 1

Quote: “Applied Digital avers that if Applied Digital was able to re-lease the clusters to another customer, Applied Digital would release Character Tech. from its payment obligations for those re-leased GPUs otherwise due under the Agreement.”

View cached copy (2026-09-10)Live source ↗