Examples of Offtake Agreements in a sentence
The Offtake Agreements are legally binding to the parties once signed.
Frontier uses Offtake Agreements to acquire Carbon Removal Units.
The Board is pleased to announce that on 20 April 2017, a wholly-owned subsidiary of the Company, BCL, entered into exclusive lithium concentrate Offtake Agreements with Lithco, AMAL and Xxxxxx respectively.
On 20 April 2017, a wholly-owned subsidiary of the Company, BCL, entered into exclusive lithium concentrate Offtake Agreements with Lithco, AMAL and Xxxxxx respectively, pursuant to which, BCL will advance by instalments AUD25,000,000 (equivalent to approximately HK$146,287,000) in exchange for exclusive selling rights to the lithium concentrate flowing from the Bald Hill Project in Western Australia for a five year term and pre-emptive rights to the same for subsequent five years.
Subject to Section 5.3, the Company shall use (and shall cause and procure that each member of the Rockcliff Group uses) its best endeavours to negotiate Offtake Agreements in a timely manner with the Nominated Customers nominated pursuant to Section 5.1 in respect of Product, provided that such terms shall be on an arm’s-length basis.