Define: Offtaker

How is Offtaker defined in a legal contract?

• Offtaker means the other involved party in an Offtake Agreement. Seen in 18 SEC filings.
• Offtaker means each involved party under each Power Purchase Agreement. Seen in 7 SEC filings.
• Offtaker means every party involved in each Offtake Agreement. Seen in 7 SEC filings.
• Offtaker means any other participant that enters into an Offtake Contract. Seen in 7 SEC filings.
• Offtaker means the other involved party in an Offtake Agreement, which may include the manager of the Joint Venture. Seen in 5 SEC filings.
• Offtaker means any entity 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. Seen in 5 SEC filings.
• Offtaker means in respect of any Offtake Contract, the other party to such Offtake Contract. Seen in 4 SEC filings.
• Offtaker means each Eligible Buyer. Seen in 4 SEC filings.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of offtaker' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Offtaker means the party involved in an Offtake Agreement or Power Purchase Agreement.

Relevant Contract Types

• Power Purchase Agreements
• Offtake Agreements
• Energy Supply Contracts
• Procurement Contracts

Relevant Circumstances

• Establishing or renewing long-term energy supply contracts.
• Negotiating terms for an offtake agreement between a producer and a buyer.
• Setting up contracts for regulated energy markets.

Relevant Sectors

• Energy
• Mining
• Utilities
• Renewable Energy

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Genie Definition 2

• Offtaker means an entity that purchases minerals from a Seller Group Entity, or benefits from their entitlement.

Relevant Contract Types

• Mineral Rights Agreements
• Mining Contracts
• Sales Contracts

Relevant Circumstances

• Establishing terms for purchasing minerals.
• Negotiating benefits from mineral entitlements.
• Revising terms within existing purchase contracts.

Relevant Sectors

• Mining
• Manufacturing
• Construction

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