Offtakes definition

Offtakes means the offtake rights and obligations held by the Sellers or the Holding Entities or any of them pursuant to the Offtake Instruments, and "Offtake" means any one of the foregoing.
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Examples of Offtakes in a sentence

  • When [ARP] submits Day-Ahead Nominations to ▇▇▇▇ regarding his Balancing Perimeter, [ARP] shall ensure that for each quarter-hour the nominated total Injection (which is the sum of all nominated day-ahead Injections by [ARP]) equals the total nominated Off-take (which is the sum of nominated day-ahead Off-takes by [ARP]).

  • In order to maintain parity of the interventions mentioned in the first paragraph of clause 4.2, and in light of different contributions in a jointly funded project, notably Catalyst’s contribution to projects through Contract Offtakes, the Sides understand that such asymmetric contribution will be recognised through the equivalency principles to be applicable on a case by-case basis and in function of the project needs.

  • Parties acknowledge that (as provided in, and without prejudice to the generality of, paragraph 2.5.1,2.4.1) upon the declaration of, and from time to time during the continuance of, a Network Gas Supply Emergency:, DNOs will secure that gas flows at NTS/LDZ Offtakes are in accordance with the instructions of Transco NTS (as directed by the NEC).

  • F2.2.2 Minimisation of CV Shrinkage In particular, if National Grid NTS provides guidance to the DNO as to the pattern of gas flows as between NTS/LDZ Offtakes serving an LDZ which may avoid or minimise the amount of CV Shrinkage, the DNO will endeavour to take account of such guidance in its Offtake Profile Notices and revisions thereof.

  • The Tariffs for operation of the electric system comprise the Tariff for operation of the electric system and the Tariff for Off-takes of additional reactive energy.

  • The binding Offtakes along with the Pre-Feasibility findings will be favourable for progressing these discussions.

  • Offtakes from the sump to the float switch pipe shall be equipped with mesh strainers.

  • Instantaneous Volume Flow Rate (Note 1) MCM/day Per relevant Supplemental Agreement ± 1.0% CV (for CV-Directed NTS/LDZ Offtakes) MJ/m3 35 – 44 ± 0.1 MJ/m3 CV (other NTS/LDZ Offtakes) MJ/m3 35 – 44 ± 0.3 MJ/m3 Instantaneous Energy Flow Rate (Note 1) TJ/day Per relevant Supplemental Agreement ± 1.1% Pressure ▇▇▇▇ 0 – 85 ± 0.5 ▇▇▇▇ Temperature °C 0 – 40 ± 1.0 °C Carbon Dioxide (where applicable – Note 2) Mole % 0 – 5 ± 0.01 mole %.

  • The Access Responsible Party charged with monitoring the (Net) Injected Energy will assume the obligations relating to Nominations for all the Off-takes and/or Injections of the Access Point(s) concerned.

  • CV (for CV-Directed NTS/LDZ Offtakes) MJ/m3 35 – 44 ±± 0.1 MJ/m3 CV (other NTS/LDZ Offtakes) MJ/m3 35 – 44 ±± 0.3 MJ/m3 Instantaneous Energy Flow Rate (Note 1) TJ/day Per relevant Supplemental Agreement ±± 1.1% of flow over the specified range.

Related to Offtakes

  • Offtaker means the counterparty to an Offtake Agreement;

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

  • Supply contract means a contract under which a lessor buys or leases goods to be leased.

  • Sales Contract means any contract under which the trader transfers or undertakes to transfer the ownership of goods to the consumer and the consumer pays or undertakes to pay the price thereof, including any contract having as its object both goods and services;

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;