Offtaker means any person other than the Vendor or any of its Affiliates that is a counterparty to a Mineral Offtake Agreement or an Affiliate of the Vendor who contracts with the Vendor on arm’s length commercial terms in respect of the applicable Mineral Offtake Agreement.
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.
Offtaker means Citibank, N.A. and any other offtaker that enters into an Offtake Contract, which offtaker (including any counterparty entering into hedging arrangements with respect to an Offtake Contract) is rated at least A2 by Moody's and is rated at least A by S&P.
Offtaker means (i) any person other than an affiliate of the Supplier that purchases Minerals from a Hudbay 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 Hudbay Group Entity both pursuant to an Offtake Agreement; provided that if a Hudbay Group Entity smelts, refines or beneficiates such Minerals, then Offtaker shall mean such Hudbay Group Entity.