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Hell or high water contract

• A contract that obligates a purchaser of a project's output to make cash payments to the project in all events, even if no product is offered for sale.

 
 Embedded terms in definition
 Cash
Contract
Sale
 
 Related Terms
 

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What looks like a loss may be the very event which is subsequently responsible for helping to produce the major achievement of your life. – Srully D. Blotnick

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