CoreWeave contract terms: take-or-pay, no termination, liens
Company: Core Scientific
The claim, verbatim
The CoreWeave contracts are take-or-pay and fixed price with an annual escalator. They have no unilateral termination right and two 5-year renewal options. Core Scientific holds UCC liens on the data center assets.
Source (primary)
Investor Conference Call Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-11-11)Live source ↗Archive.org ↗
Quote: “Contract Type Take-or-pay Customer is committed to paying for contracted capacity, regardless of utilization Ability to Terminate No ability to unilaterally terminate the contract”
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 Investor Conference Call Presentation
Quote: “Contract Type Take-or-pay Customer is committed to paying for contracted capacity, regardless of utilization Ability to Terminate No ability to unilaterally terminate the contract”