Offtaker definition

Offtaker means the counterparty to an Offtake Agreement;

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

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 Seller shall provide the Purchaser with written notice promptly upon becoming aware of or having knowledge of any dispute between the Project Company and an Offtaker that would have a material impact on the quantum or timing of Deliveries under this Agreement.
For greater certainty, Reference Copper shall not be reduced for, and Purchaser shall not be responsible for any Offtaker Charges, all of which shall be for the account of Seller.
The amount of Recovered Copper and Reference Copper contained in each Offtaker Delivery shall be determined in accordance with the Independent Assay Results applicable to each such Offtaker Delivery.
For greater certainty, the foregoing does not apply to the handling of Minerals by an Offtaker in accordance with its standard operating procedures and Good Practice Standards.

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 under each Power Purchase Agreement.

Offtaker means each counterparty to each DG Offtake Agreement and each Ethanol Offtake 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 a party purchasing energy and related products

Offtaker means each counterparty to an Offtake Agreement (but excluding the Company).

Offtaker means the counterparty to an Offtake Agreement which may include, as applicable, the manager of the Joint Venture, appointed pursuant to the Joint Venture Agreement or the Joint Venture Conduct.