Offtake Agreement definition

Offtake Agreement means a life-of-mine offtake obligation committing us to sell to GIAG all Material, and committing GIAG to buy all Material.

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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 each agreement or contract entered into by a Seller Group Entity with an Offtaker that relates in any way to: (i) the sale of Minerals to an Offtaker; (ii) the delivery of the entitlement to, or the benefit of, Minerals to an Offtaker; or (iii) the smelting, refining or other beneficiation of Minerals by an Offtaker for the benefit of a Seller Group Entity.

Examples of Offtake Agreement in a sentence

Company and Consultant shall mutually agree the form of payment within five (5) business days following delivery of the applicable Offtake Agreement.
For the avoidance of doubt, termination of the Agreement shall not affect any rights or obligations that have accrued prior to the effective date of termination, including the obligation to issue or pay any Offtake Fee with respect to any Offtake Agreement delivered to Company prior to the effective date of such termination or any Tail Period Fee.
If Company and Consultant mutually agree to elect payment in cash (in whole or in part), Company shall pay the applicable portion of the Offtake Fee to Consultant (or its designee) by wire transfer of immediately available funds within ten (10) business days following Consultant’s delivery to Company of the fully executed Offtake Agreement.
The Parties hereby acknowledge and agree that Offtake Agreements may be entered into with a third-party counterparty, or alternatively with Consultant or any affiliate thereof, and that each shall be eligible to count toward the applicable offtake milestone; provided, however, that if the offtaker is Consultant or an affiliate of Consultant, such Offtake Agreement shall be on arm’s length commercial terms.
Company shall issue the Offtake Shares to Consultant (or its designee) promptly, and in no event later than five (5) business days, following Consultant’s delivery to Company of the fully executed Offtake Agreement.

More Definitions of Offtake Agreement

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

Offtake Agreement means the offtake agreement dated May 13, 2008 with Glencore International AG pursuant to which the Company 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 was terminated effective April 30, 2020.

Offtake Agreement means any agreement entered into by the Owner or any of its Affiliates with an Offtaker that relates to: (i) the sale of Produced Gold to an Offtaker; (ii) the transfer of the entitlement to, or the benefit of, Produced Gold to an Offtaker; or (iii) the smelting, refining or other beneficiation of Produced Gold by an Offtaker for the benefit of the Owner or any of its Affiliates, as the same may be supplemented, amended, restated or superseded from time to time.

Offtake Agreement means the Lithium Offtake Agreement between Lithium Argentina and the Investor dated as of February 16, 2023 and assigned to the Corporation by Lithium Argentina on October 3, 2023, as amended on the date hereof.

Offtake Agreement means the offtake agreement dated January 10, 2013 and entered into between the Company and GSFC.

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 any contract entered into by the Borrower for the purchase and sale of either liquefaction capacity at the Rio Grande Facility or LNG from the Rio Grande Facility.