English to Russian Law/Patents Law: Contract(s)

Подскажите, пожалуйста, значение термина "conversion of contract" в следующем контексте.

In case of defects the Customer may initially only demand a correction of such defect. Should a defect not be remedied within a reasonable period (a minimum of two remedy attempts) or such remedy would incur an unreasonably high outlay in the opinion of the Company, then the Customer is entitled to price reduction and if the defect is not a minor defect also to conversion of the contract. If the defect affects a divisible deliverable, the conversion may only be demanded with respect to the defective partial deliverable.


Заранее спасибо.