{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "otherwise-disposed-of", "type": "definition", "offset": [97, 118]}, {"key": "by-grantor", "type": "clause", "offset": [147, 157]}, {"key": "offtake-agreements", "type": "clause", "offset": [241, 259]}, {"key": "entered-into", "type": "clause", "offset": [260, 272]}, {"key": "bunker-hill-entity", "type": "definition", "offset": [298, 316]}, {"key": "terms-and-conditions-for", "type": "clause", "offset": [367, 391]}, {"key": "the-products", "type": "clause", "offset": [458, 470]}, {"key": "payment-settlement", "type": "clause", "offset": [526, 544]}, {"key": "delivery-of", "type": "clause", "offset": [589, 600]}, {"key": "final-settlement", "type": "definition", "offset": [643, 659]}, {"key": "certificates-for", "type": "clause", "offset": [684, 700]}, {"key": "moisture-content", "type": "clause", "offset": [715, 731]}, {"key": "determination-procedures", "type": "clause", "offset": [892, 916]}, {"key": "the-applicable", "type": "clause", "offset": [937, 951]}, {"key": "determine-the", "type": "clause", "offset": [966, 979]}, {"key": "terms-of", "type": "definition", "offset": [1159, 1167]}, {"key": "amendment-to", "type": "clause", "offset": [1181, 1193]}, {"key": "related-party", "type": "clause", "offset": [1225, 1238]}, {"key": "if-h", "type": "clause", "offset": [1292, 1296]}, {"key": "acting-reasonably", "type": "clause", "offset": [1303, 1320]}, {"key": "the-proposed", "type": "clause", "offset": [1336, 1348]}, {"key": "amended-terms", "type": "clause", "offset": [1349, 1362]}, {"key": "new-agreement", "type": "definition", "offset": [1380, 1393]}, {"key": "comply-with", "type": "definition", "offset": [1402, 1413]}, {"key": "notice-to-grantor", "type": "clause", "offset": [1458, 1475]}, {"key": "receipt-of-notice", "type": "clause", "offset": [1509, 1526]}, {"key": "consulting-services", "type": "clause", "offset": [1675, 1694]}, {"key": "agreed-by", "type": "definition", "offset": [1741, 1750]}, {"key": "an-opinion", "type": "clause", "offset": [1800, 1810]}, {"key": "the-consultant", "type": "clause", "offset": [1901, 1915]}, {"key": "proposed-amendments", "type": "clause", "offset": [1936, 1955]}, {"key": "commercially-reasonable-efforts", "type": "definition", "offset": [2033, 2064]}, {"key": "the-grantor", "type": "clause", "offset": [2068, 2079]}, {"key": "determination-of", "type": "clause", "offset": [2329, 2345]}, {"key": "the-dispute", "type": "clause", "offset": [2431, 2442]}, {"key": "pursuant-to-article-11", "type": "clause", "offset": [2458, 2480]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [2482, 2501]}, {"key": "equity-capital", "type": "definition", "offset": [2625, 2639]}], "samples": [{"hash": "fqsy54DaIKM", "uri": "/contracts/fqsy54DaIKM#offtake", "label": "Royalty Agreement (Bunker Hill Mining Corp.)", "score": 36.5920600891, "published": true}, {"hash": "1j6lXT1kjq5", "uri": "/contracts/1j6lXT1kjq5#offtake", "label": "Royalty Agreement (Bunker Hill Mining Corp.)", "score": 36.4852828979, "published": true}], "size": 7, "snippet": "(a) Grantor shall ensure that, when Products that contain any marketable metal are to be Sold or otherwise disposed of, all such Products are sold by Grantor to a Processor pursuant to an Offtake Agreement.\n(b) Grantor shall ensure that all Offtake Agreements entered into by Grantor (or any other Bunker Hill Entity) shall be on commercially reasonable arm\u2019s length terms and conditions for concentrates similar in make-up and quality to those derived from the Products, and shall include (i) industry standard reporting and payment settlement protocols, (ii) provisions that require the delivery of metals return statements, provisional and final settlement sheets and invoices and certificates for final shipped moisture content and analyses and assays evidencing the amount of Products, and (iii) provisions that require appropriate and separate sampling, assaying, weighing and moisture determination procedures so that Grantor and the applicable Processor can determine the grade or content of silver, lead, zinc and other metals in each delivery to a Processor.\n(c) Grantor shall give Holder at least ten (10) Business Days prior written notice of the terms of any proposed amendment to any Offtake Agreement with any Related Party (or any new offtake agreement with a Related Party). If H\u2587\u2587\u2587\u2587\u2587, acting reasonably, believes that the proposed amended terms (or the proposed new agreement) do not comply with this Section 4.3(b), Holder may, by written notice to Grantor within five (5) Business Days of receipt of notice of the proposed amendment (or new offtake agreement), request that Grantor refer the proposed amended terms (or the proposed new agreement) to Exen Consulting Services (or such other independent offtake consultant agreed by Grantor and Holder) (the \u201cConsultant\u201d) to render an opinion on whether such terms comply with this Section 4.3(b) within 14 days of such referral. If the Consultant determines that the proposed amendments (or the new offtake agreement) complies with Section 4.3(b), or, despite the commercially reasonable efforts of the Grantor, the Consultant fails to render an opinion within the timeline referred to above, the Grantor shall be entitled to proceed to execute the proposed amendments (or the new offtake agreement). If Grantor and H\u2587\u2587\u2587\u2587\u2587 do not accept the opinion as a final determination of whether this Section 4.3(b) has been complied with then either one of them may refer the dispute for resolution pursuant to Article 11. 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the Borrower that are Major Project Documents or (b) otherwise reasonably acceptable to DOE.", "hash": "ddf6dae1409fb550859f59dcf0f705d6", "id": 6}, {"snippet_links": [{"key": "save-as", "type": "clause", "offset": [0, 7]}, {"key": "the-agent", "type": "clause", "offset": [30, 39]}, {"key": "on-behalf-of", "type": "definition", "offset": [47, 59]}, {"key": "the-majority-lenders", "type": "clause", "offset": [60, 80]}, {"key": "the-borrower-shall", "type": "clause", "offset": [82, 100]}, {"key": "dispose-of", "type": "definition", "offset": [105, 115]}, {"key": "borrowing-base-asset", "type": "definition", "offset": [148, 168]}], "samples": [{"hash": "aLYPJTf3K53", "uri": "/contracts/aLYPJTf3K53#offtake", "label": "Senior Reserve Base Lending Facility Agreement (Fx Energy Inc)", "score": 21.6078033447, "published": true}], "size": 2, "snippet": "Save as otherwise agreed with the Agent acting on behalf of the Majority Lenders, the Borrower shall not dispose of any Petroleum produced from any Borrowing Base Asset except to PGNiG.", "hash": "ef3a82b3a3fe12f3cce63c4a987c3f96", "id": 7}, {"snippet_links": [{"key": "jv-entity", "type": "definition", "offset": [4, 13]}, {"key": "best-efforts", "type": "definition", "offset": [28, 40]}, {"key": "delivery-point", "type": "definition", "offset": [149, 163]}, {"key": "set-out", "type": "definition", "offset": [200, 207]}, {"key": "offtake-agreement", "type": "definition", "offset": [225, 242]}, {"key": "title-to", "type": "clause", "offset": [244, 252]}, {"key": "risk-of-loss-of", "type": "clause", "offset": [258, 273]}, {"key": "delivery-of-the", "type": "clause", "offset": [333, 348]}], "samples": [{"hash": "au86EXLCYXu", "uri": "/contracts/au86EXLCYXu#offtake", "label": "Joint Venture Agreement (Elmet Group Co.)", "score": 35.7008898015, "published": true}], "size": 1, "snippet": "The JV Entity shall use its best efforts to take [**] of the Springer Concentrate, to be delivered to the JV EXW Springer mine gate with the precise delivery point (stockpile or other location) to be set out in the Blue Moon Offtake Agreement. Title to, and risk of loss of, the Springer Concentrate shall pass to the JV Entity upon delivery of the Springer Concentrate. [**]", "hash": "ff85186fca775ab33ee8293d27c25bec", "id": 8}, {"snippet_links": [{"key": "shareholders-and-the-company", "type": "clause", "offset": [14, 42]}, {"key": "acknowledge-and-agree", "type": "clause", "offset": [43, 64]}, {"key": "each-principal", "type": "definition", "offset": [70, 84]}, {"key": "from-the-company", "type": "clause", "offset": [121, 137]}, {"key": "enterprise-companies", "type": "definition", "offset": [149, 169]}, {"key": "the-basis", "type": "clause", "offset": [193, 202]}, {"key": "subject-to-the", "type": "clause", "offset": [207, 221]}, {"key": "set-out", "type": "definition", "offset": [234, 241]}, {"key": "section-5", "type": "definition", "offset": [264, 273]}, {"key": "the-charter", "type": "clause", "offset": [285, 296]}], "samples": [{"hash": "fVEK8OzJ353", "uri": "/contracts/fVEK8OzJ353#offtake", "label": "Shareholder Agreement (Alcoa Upstream Corp)", "score": 27.6666660309, "published": true}], "size": 1, "snippet": "The Principal Shareholders and the Company acknowledge and agree that each Principal Shareholder is entitled to purchase from the Company, and other Enterprise Companies alumina and bauxite on the basis and subject to the limitations set out in subsection (a) of \u201cSECTION 5: SCOPE\u201d of the Charter.", "hash": "abf883272689fc0956a576e377170a2a", "id": 9}, {"snippet_links": [{"key": "an-event-of-default", "type": "definition", "offset": [0, 19]}, {"key": "offtake-agreement", "type": "definition", "offset": [63, 80]}, {"key": "after-giving", "type": "clause", "offset": [82, 94]}, {"key": "cure-periods", "type": "definition", "offset": [109, 121]}, {"key": "extensions-and-waivers", "type": "clause", "offset": [123, 145]}], "samples": [{"hash": "9vE4zdRbxUq", "uri": "/contracts/9vE4zdRbxUq#offtake", "label": "Loan Agreement (Blue Moon Metals Inc.)", "score": 37.0410690308, "published": true}], "size": 1, "snippet": "An event of default (however designated) shall occur under the Offtake Agreement, after giving effect to any cure periods, extensions and waivers in respect thereof.", "hash": "5dfbd307a050dedb807c6c1148175524", "id": 10}], "next_curs": "ClASSmoVc35sYXdpbnNpZGVyY29udHJhY3RzciwLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhBvZmZ0YWtlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"title": "Offtake", "children": [], "parents": [["definitions", "Definitions"], ["default-and-interest", "Default and Interest"], ["maintenance-of-property-and-operations", "Maintenance of Property and Operations"], ["miscellaneous", "Miscellaneous"], ["now-therefore", "NOW THEREFORE"]], "size": 25, "id": "offtake", "related": [["contract-quantity", "Contract Quantity", "Contract Quantity"], ["delivery-point", "Delivery Point", "Delivery Point"], ["delivery-points", "Delivery Points", "Delivery Points"], ["volumes", "Volumes", "Volumes"], ["contract-task-order", "Contract Task Order", "Contract Task Order"]], "related_snippets": [], "updated": "2026-09-16T04:21:40+00:00", "also_ask": ["What are the most negotiable terms in offtake agreements to maximize client leverage?", "Which essential provisions must be included to ensure enforceability and minimize ambiguity?", "What are the most common risks or fatal flaws that could undermine an offtake clause?", "How do offtake clauses differ across jurisdictions or industries, and what legal standards apply?", "What factors do courts consider when determining the enforceability of offtake obligations?"], "drafting_tip": "Specify quantity and quality requirements to prevent disputes; define delivery terms to ensure timely performance; clarify payment mechanisms to facilitate smooth transactions.", "explanation": "An Offtake clause defines the terms under which one party agrees to purchase and take delivery of goods, products, or resources from another party, typically over a specified period. This clause outlines the quantity, quality, delivery schedule, and pricing mechanisms for the goods to be supplied, and may include provisions for minimum purchase obligations or penalties for non-compliance. Its core practical function is to provide certainty and security for both the supplier and the buyer by formalizing the commitment to buy and sell, thereby facilitating project financing and long-term planning."}, "json": true, "cursor": ""}}