1. termination (of a contract); cancellation; rescinding; rescission
わかりました、安全が確保され次第、契約を解除いたしましょう。Understood. We will terminate the contract as soon as safety is secured.
2. lifting (of a ban, sanctions, etc.); removal; release (from obligations); cancellation (of a warning, alert, etc.); calling off (e.g. a strike); releasing (a lock)