Offtake Agreement
An agreement entered between a producer and a buyer to buy/sell a certain amount of the future production. It is generally negotiated long before the construction of a facility to guarantee a market for the facility's future production and improve chances of getting financing for the installation concerned.
These agreements are fairly common in the natural resource sector, where capital costs to extract the resources are important. They usually include several protective clauses and can take months to negotiate.
http://www.businessdictionary.com/definition/offtake-agreement.html
It's hard to interpret this as an agreement or an MOU to help the company sell/market their product, or find the best product to sell or find a buyer who will help finance the processing facility/mine.
Language needs to be precise to eliminate any misinterpretation which, sadly, is where we find ourselves again.
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