Maciej Kotarski May 26, 2009:

Znalezione na forum językowym An Offtake Agreement is an agreement where a customer for x product agrees to buy a part or the total output of x from a producing mine at pre-determined prices and conditions over a number of years. Offtake agreements can be used by a producer to provide enough funds to repay project financing debt and to pay necessary operating costs and expenses. Offtake Agreements are often requested by banks providing project financing to mitigate the market risk of financing a project