Offtake Party definition

Offtake Party means a mint, smelter, refiner, processor, third party, purchaser or other recipient to whom Product is shipped or delivered by AEM.
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Offtake Party means the smelter, refiner, processor, offtake party, purchaser or other recipient to whom Production is shipped or delivered by Operator;
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Offtake Party means the smelter, refiner, processor, offtake party, purchaser or other recipient to whom Production is shipped or delivered by Operator; (m) “Operator” includes all of Operator’s successors-in-interest in the Property subject to the terms of section 12.2 and its corporate successors and permitted assigns to the Mining Properties including inter alia assignees, lessees and, when applicable, mortgagees of the Property and to the extent any shall have an interest in the Property, Operator’s subsidiary, parent or affiliated companies; (m) “Party” or “Parties” means one or more of the persons or entities who or which are a party to this Agreement; (n) “Payee” includes all of Payee’s successors-in-interest, including inter alia assignees, partners, joint venture partners, lessees and, when applicable, mortgagees and Payee’s subsidiary, parent, sister or affiliated companies; (o) Production” means 50% of the number of xxxx ounces of Gold Metal contained in the production from the Property which were delivered to an Offtake Party by the Operator;
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Examples of Offtake Party in a sentence

  • All credits or payments of the Royalty shall be accompanied by a detailed statement explaining the manner in which the payment was calculated together with any available settlement sheets from the Offtake Party.

  • Within the time provided in Section 4.4, Operator shall pay, or cause the Offtake Party to pay, the Royalty in accordance with written instructions given to the Operator by Payee as provided in Section 4.3.1. Once Operator has received instructions from Payee, such instructions shall remain in effect until Operator has received different instructions from Payee.

  • All costs charged by the Offtake Party as a result of complying with the payment provisions of Sections 4.3 and 4.4 shall be paid by Payee, and Operator shall have no liability or responsibility therefor.

  • Operator shall gross up the amount of the royalty payment, or will cause the Offtake Party to gross up the amount of the Royalty payment, by the applicable IVA (or any similar replacement taxes) amounts which the Payee will remit as required by Law.

  • Assignee Agent: Chase, as agent for the Purchasers and the Offtake Party.

  • Description: A fixed-price forward sale by Purchasers to the Offtake Party of U.S. delivered natural gas in amounts corresponding to the monthly scheduled deliveries to be made by ENA pursuant to the Forward Sale Agreement.

  • Shell also notes the significant improvement in gross margins since the intervention, and the cooperation of management and workers that produced this positive outcome.

  • Should for any reason shipments of any Gold to the Offtake Party or other purchaser be delayed beyond 20 calendar days following the time at which the quantities of Gold have reached the highest point of beneficiation on the Property payment of the Royalty relating to such late shipments will be estimated by the Operator based on the mill assays and paid with the next month’s Royalty payment to the Payee and accompanied by copies of such assays.

  • If KIA elects to receive its Net Smelter Returns Royalty “in kind”, KIA shall open a bullion storage account at each Offtake Party designated by AEM as a possible recipient of Product in which KIA owns an interest pursuant to this Royalty Agreement.


More Definitions of Offtake Party

Offtake Party means any party that has agreed to purchase natural gas or condensate from the Sponsor pursuant to an Offtake Agreement.
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Related to Offtake Party

  • Offtaker means the counterparty to an Offtake Agreement;

  • Offtake Agreement means the offtake agreement dated May 13, 2008 with Glencore International AG pursuant to which the Company 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 was terminated effective April 30, 2020. See "Description of the Business - Marketing and Distribution".

  • Contracting Party shall have the meaning designated in the preamble to Section 5.2 hereof.

  • Third Party Supplier means a third party manufacturer and/or licensor of Products.

  • Programme Party means a party to a Programme Document (other than the Issuer and ETP Securityholders).

  • Third Party Agent means any provider of services to the Client (other than the Custodian, a Subcustodian or Delegate under this Agreement) including any Investment Manager, adviser or sub-advisor, distributor, broker, dealer, transfer agent, administrator, accounting agent, audit firm, tax firm, or law firm.

  • Third Party Subcontract means a subcontract entered into by the Third Party Contractor with a Third Party Subcontractor, or a Third Party Subcontractor with another Third Party Subcontractor at any tier, and is supported in whole or in part with the federal assistance originally derived from FTA, or non- federal share dedicated to the Recipient’s Underlying Agreement.

  • Third Party Contract means a contract between Metrolinx and any other Person which is in any way related to, impacts or is impacted by the Services and/or the Consultant’s acts or omissions, whether expressly identified to the Consultant or not.

  • Assigned Contract shall have the meaning set forth in Section 1.1(b).

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • Producing Party means the parties to this action and any third-parties producing “Confidential Information” in connection with depositions, document production or otherwise, or the party asserting the confidentiality privilege, as the case may be.

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

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Third Party Manufacturer means any person, firm or company which carries out the reproduction of Work and/or manufactures and/or prints the Licensed Publication on behalf of the Licensee;

  • Billing Party means the Party rendering a bill.

  • Project Document means any one of the foregoing;

  • Relevant Supplier shall have the meaning set out in Clause 7.1;

  • Hedging Party means at any relevant time, the Issuer, or any of its affiliates or any other party providing the Issuer directly or indirectly with hedging arrangements in relation to the Notes as the Issuer may select at such time.

  • Third-Party Lender means an entity that originated a loan to a consumer for the purchase of a motor vehicle and sold the loan to AmeriCredit or an Originating Affiliate pursuant to an Auto Loan Purchase and Sale Agreement.

  • Third Party Contractor as used in the Student Data Protection Act and “Operator” as used in COPPA. De-Identified Information (DII): De-Identification refers to the process by which the Contractor removes or obscures any Personally Identifiable Information (“PII”) from Education Records in a way that removes or minimizes the risk of disclosure of the identity of the individual and information about them.

  • investor of a Contracting Party means: (a) A natural person having the nationality of a Contracting Party in accordance with its applicable law; or (b) An enterprise constituted or organised under the applicable law of a Contracting Party; Making or having made an investment in the other Contracting Party's territory.

  • BRRD Party means any Underwriter subject to Bail-in Powers.

  • Third-party logistics provider means an entity that provides

  • Mediation party means a person that participates in a mediation and whose agreement is necessary to resolve the dispute.

  • Supplying Party shall have the meaning stated in Section 35.8.2.

  • Project Party means each Person (other than the Borrowers) who is a party to a Project Document.