By default, under many state laws, goods remain the property of the seller until they are delivered to the customer's destination, i.e., a destination contract, sometimes including the terms FOB...
That phrase is simply re-itterating that you've signed a binding contract. A (blank) is a (blank) is a (blank) is a phrase that is used when someone wants to re-itterate that fact that the blank is...
get sued, unless you have a good reason, then hire a lawyerTry to find a loop hole in the contract. If you can't see one I would suggest meeting with the people you made the contract with and trying...