Offtaker definition
Offtaker means the counterparty to an Offtake Agreement;
Offtaker means (i) any Person that is not a Seller Group Entity that purchases Minerals from a Seller Group Entity or is the recipient of the entitlement to, or benefit of, Minerals from a Seller Group Entity; or (ii) any Person that takes delivery of Minerals for the purpose of smelting, refining or other beneficiation of such Minerals for the benefit of a Seller Group Entity.
Offtaker means any Person that enters into an Offtake Agreement in respect of which a Seller Group Member, or, if applicable, an Affiliate of the Parent or a Related Party of the Parent or a Seller Group Member, is the seller.
Examples of Offtaker in a sentence
The Payor shall ensure that each shipment of Product is adequately insured in such amounts and with such coverage as is customary in the mining industry, until the time that risk of loss and damage for such Product is transferred to an Offtaker.
More Definitions of Offtaker
Offtaker means the Investor for so long as it, or any of its Affiliates, is a party to the Offtake Agreement or has a commitment to purchase lithium-based production from the Corporation or any of its Affiliates under a long-term (greater than one year) offtake agreement for no less than [Redacted].
Offtaker means each counterparty to each DG Offtake Agreement and each Ethanol Offtake Agreement.
Offtaker means each counterparty under each Power Purchase Agreement.
Offtaker means (i) any person other than an Affiliate of the Owner that purchases Produced Gold from the Owner or any of its Affiliates; (ii) any person that is the recipient of a transfer of the entitlement to, or benefit of, Produced Gold from the Owner or any of its Affiliates; or (iii) any person that takes delivery of Produced Gold for the purpose of smelting, refining or other beneficiation of such Produced Gold for the benefit of the Owner or any of its Affiliates.
Offtaker means an undertaking that has entered into an offtake agreement with a project promoter;
Offtaker means each counterparty to an Offtake Agreement (but excluding the Company).
Offtaker means a party purchasing energy and related products