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Phase termination right for non-delivery

Company: Riot

Subject kind
facility timeline
Statement date
2026-11-04
Promised amount
270.0 days
Current status
stated

The claim, verbatim

If a phase is not delivered within 270 days of its target, Anthropic can terminate the lease for that phase on 30 days' notice, with force majeure extensions of up to 365 days.

Source (primary)

Riot (RIOT) Names Anthropic as Tenant in $28 Billion Texas Lease, Could Owe It 12% Interest - Bitcoin Magazine (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “If a phase is not delivered within 270 days of its target, Anthropic can terminate the lease for that phase on 30 days’ notice, with extensions for force majeure of up to 365 days.”

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 Riot (RIOT) Names Anthropic as Tenant in $28 Billion Texas Lease, Could Owe It 12% Interest - Bitcoin Magazine

Quote: “If a phase is not delivered within 270 days of its target, Anthropic can terminate the lease for that phase on 30 days’ notice, with extensions for force majeure of up to 365 days.”

View cached copy (2026-11-06)Live source ↗Archive.org ↗