Examples of Offtake Party in a sentence
The Purchasers and the Offtake Party will enter into a fixed-price forward contract (the “ Offtake Agreement”) pursuant to which the Purchasers agree to sell to the Offtake Party an amount of natural gas corresponding to the monthly scheduled deliveries to be made by ENA pursuant to the Forward Sale Agreement.
The Purchasers, the Offtake Party and the Assignee Agent will enter into an Agreement (the “ Assignee Agent Agreement”) pursuant to which the Assignee Agent will agree to act as the agent of the Purchasers and the Offtake Party with respect to the Margin Agreement, the Guarantee Agreement and the Surety Bond referred to below.
All costs charged by the Offtake Party as a result of complying with the payment provisions of Sections 4.3 and 4.4 shall be paid by Payee, and Operator shall have no liability or responsibility therefor.
In the third quarter, the net loss was $0.20 per diluted share, compared with net earnings of $1.15 per diluted share in the second quarter and a net loss of $0.14 per diluted share in the third quarter of 2008.
All costs, charges and risk of loss relating to the payment of such Royalty in gold bullion shall be paid or assumed by the Payee once the direction to the Offtake Party has been properly delivered by Operator.
Assignee Agent: Chase, as agent for the Purchasers and the Offtake Party.
Description: A fixed-price forward sale by Purchasers to the Offtake Party of U.S. delivered natural gas in amounts corresponding to the monthly scheduled deliveries to be made by ENA pursuant to the Forward Sale Agreement.
Undertake tracking of USAID-funded health commodity shipments for Kenya to improve upstream supply chain visibility.
Within the time provided in Section 4.4, Operator shall pay, or cause the Offtake Party to pay, the Royalty in accordance with written instructions given to the Operator by Payee as provided in Section 4.3.1. Once Operator has received instructions from Payee, such instructions shall remain in effect until Operator has received different instructions from Payee.
All credits or payments of the Royalty shall be accompanied by a detailed statement explaining the manner in which the payment was calculated together with any available settlement sheets from the Offtake Party.