Offtake Agreement definition

Offtake Agreement means the offtake agreement dated May 13, 2008 with Glencore International AG pursuant to which the Company has agreed to sell in U.S. dollars to Glencore, and Glencore agreed to acquire, 100% of the V2O5 production at the Maracás Menchen Mine. The Offtake Agreement will terminate effective April 30, 2020. See “Description of the Business — Marketing and Distribution”.

Offtake Agreement means the Lithium Offtake Agreement between the Corporation and the Investor in the form attached as Schedule D;

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

Examples of Offtake Agreement in a sentence

• The Subscriber has the requisite power and authority to execute and deliver this Agreement, the Offtake LOI setting out the terms and conditions to be included in the Offtake Agreement, and the Standstill Agreement attached hereto as Exhibit A (together, the “Transaction Documents”) and to consummate the transactions contemplated by this Agreement (the “Transactions”).

• Volume measurements shall be made as provided in Article 11 of the Supply and Offtake Agreement.

• The volume available under the Offtake Agreement is subject to the receipt of the second tranche of GM’s investment and may be reduced proportionately in certain circumstances if GM’s remaining investment is less than $330,000.

• The Company and customer agreed to work in good faith to execute an Offtake Agreement, the agreed terms of which are set forth in the prepayment agreement, whereby 100% of the prepayment will be applied against future purchases.

• The prepayment agreement provides the customer a capacity reservation of up to a specified annual volume of product from Origin 1 for a term of ten years, pursuant to the terms of an Offtake Agreement.

More Definitions of Offtake Agreement

Offtake Agreement means any refining, marketing or processing agreement entered into by the Operator or by Entrée or its Affiliates with respect to Production.

Offtake Agreement means the offtake agreement dated January 10, 2013 and entered into between the Company and GSFC.

Offtake Agreement means any agreement entered into by the Seller with any person for (i) the sale of Minerals to such person, or (ii) the smelting, refining or other beneficiation of Minerals by such person for the benefit of the Seller, as the same may be supplemented, amended, restated or superseded from time to time.

Offtake Agreement means any contractual agreement between an undertaking and a project promoter containing either a commitment on part of the undertaking to procure a share of the raw materials produced by a specific raw material project over a certain period of time or a commitment on part of the project promoter to provide the undertaking with the option to do so;

Offtake Agreement means the Frontier Products Offtake Agreement, El Dorado Refinery, dated as of October 19, 1999 between the Borrower and Equiva Trading, which was assigned by Equiva Trading to Shell Oil Products US on September 1, 2002, as amended to the date hereof.

Offtake Agreement means the offtake agreement between the Corporation and the Investor dated [●];

Offtake Agreement means any refining, smelter, Concentrate purchase, Minerals purchase or processing agreement entered into by EGI with respect to Minerals.