Offtake Agreement definition

Offtake Agreement means any refining, smelting, brokering, sale, marketing and/or processing agreement entered into by the Owner or its Affiliates with respect to Minerals produced from the Property;

Offtake Agreement means the offtake agreement dated May 13, 2008 with Glencore International AG pursuant to which the Company has agreed to sell in U.S. dollars to Glencore, and Glencore agreed to acquire, 100% of the V2O5 production at the Maracás Menchen Mine. The Offtake Agreement will terminate effective April 30, 2020. See “Description of the Business — Marketing and Distribution”.

Offtake Agreement means the Lithium Offtake Agreement between the Corporation and the Investor in the form attached as Schedule D;

Examples of Offtake Agreement in a sentence

• In connection with each Positive Election contemplated by Section 2(a), Macquarie shall not make any contrary election contemplated by Section 5.1(b) of the Supply and Offtake Agreement, shall not take any contrary action under the Supply and Offtake Agreement, the Tripartite Crude Supply Agreement, or any other Transaction Documents, and will take (or refrain from taking) such other actions or elections as the Company may reasonably request to give effect hereto.

• This Limited Consent cannot be altered, amended, changed or modified in any respect except in accordance with Section 31 of the Supply and Offtake Agreement.

• Notwithstanding anything to the contrary in the Supply and Offtake Agreement (including Section 19.3(j) or Section 19.3(k) of the Supply and Offtake Agreement) or any other Transaction Document, Macquarie consents to the execution and performance by the parties thereto of (1) the Financing Agreement Amendment Documents, and the transactions contemplated thereby (including new financing, liens and obligations thereunder).

• The execution, delivery, and performance of this Limited Consent shall not operate, except as expressly set forth herein, as a modification or waiver of any right, power, or remedy of Macquarie under the Supply and Offtake Agreement or any other Transaction Document.

• Except as expressly set forth in this Limited Consent, nothing in this Limited Consent shall constitute a modification or alteration of the terms, conditions or covenants of the Supply and Offtake Agreement or any other Transaction Document, or a waiver of any other terms or provisions thereof, and the Supply and Offtake Agreement and the other Transaction Documents shall remain unchanged and shall continue in full force and effect, in each case as amended hereby.

More Definitions of Offtake Agreement

Offtake Agreement means any refining, marketing or processing agreement entered into by the Operator or by Entrée or its Affiliates with respect to Production.

Offtake Agreement means the Frontier Products Offtake Agreement, El Dorado Refinery, dated as of October 19, 1999 between the Borrower and Equiva Trading, which was assigned by Equiva Trading to Shell Oil Products US on September 1, 2002, as amended to the date hereof.

Offtake Agreement means the offtake agreement between the Corporation and the Investor dated [●];

Offtake Agreement means any contractual agreement between an undertaking and a project promoter containing either a commitment on part of the undertaking to procure a share of the raw materials produced by a specific raw material project over a certain period of time or a commitment on part of the project promoter to provide the undertaking with the option to do so;

Offtake Agreement means the Gold Sale and Purchase Agreement between Mineco, Exploreco and the Lender dated as of July 14, 2014, as amended on October 20, 2015;

Offtake Agreement means the Offtake Agreement to be entered into by and between Purchaser and Seller, substantially in the form attached hereto as Exhibit D.

Offtake Agreement means the Lithium Offtake Agreement, dated as of February 16, 2023, by and between the Corporation and the Investor, as may be amended, superseded or replaced.