Offtaker definition

Offtaker means the Investor for so long as it, or any of its Affiliates, is a party to the Offtake Agreement or has a commitment to purchase lithium-based production from the Corporation or any of its Affiliates under a long-term (greater than one year) offtake agreement for no less than [Redacted].

Examples of Offtaker in a sentence

Revenue from extraction services is recognized at the point when concentrate has been delivered to the Offtaker, which occurs when the concentrate is loaded for transport.
YES for operational risks and reasons other than LG YES for nonopera- tional risks through the mechanism in PPA (LG) Default of payment under PPA Off-taker may default in mak- ing payment under PPA due to government instruction, fi- nancial distress.
The Managing Member shall cause the Facility Company to distribute to the Company any System in respect of which an Offtaker has made a payment of Termination Value pursuant to the relevant PPA; provided that the Facility Lenders shall have first released their lien on such System.
If such System is sold following such remarketing, the proceeds of such sale shall first be paid to such Offtaker to the extent required pursuant to the relevant terms of the applicable Power Purchase Agreement.
The Investor must not be protected against loss of any portion of the Investor Minimum Investment through any arrangement, directly or indirectly, with: the Developer; any other Investor; an Emitter; an Offtaker; or any person related to the Developer, other Investors, an Emitter, or an Offtaker..04 Contingent Consideration.

Offtaker means each counterparty under each Power Purchase Agreement.

Offtaker means each counterparty to each DG Offtake Agreement and each Ethanol Offtake Agreement.

Offtaker means (i) any Person that is not a Seller Group Entity that purchases Minerals from a Seller Group Entity or is the recipient of the entitlement to, or benefit of, Minerals from a Seller Group Entity (including where a Governmental Authority levies a Tax payable by way of delivery of Minerals or otherwise obtains Minerals from a Seller 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 Seller Group Entity.

Offtaker means a party purchasing energy and related products

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 an undertaking that has entered into an offtake agreement with a project promoter;

Offtaker means Glencore International AG and any other offtaker under an Offtake Agreement approved by the Agent.