If you are researching prune juice as a treatment for CONSTIPATION, Click here for advice. When your baby is old enough for juice, it is certainly okay to give it them on occasion; however, formula/breast milk and water should make up the majority of liquids your child consumes.
Agreement among underwriters. A contract among participating members of a syndicate that defines the members' proportionate liability, which is usually limited to and based on the participants' level of involvement. The contract outlines the payment schedule on the settlement date. Compare: Underwriting agreement.
DEFINITION of 'Offtake Agreement'. An agreement between a producer of a resource and a buyer of a resource to purchase/sell portions of the producer's future production.An offtake agreement is normally negotiated prior to the construction of a facility such as a mine in order to secure a market for the future output of the facility.If lenders can see the company will have a purchaser of its production, it makes it easier to obtain financing to construct a facility. Next Up.REAKING DOWN 'Offtake Agreement'. Offtake agreements are frequently used in natural resource development, where the capital costs to extract the resource is signficant and the company wants a guarantee that some of its product will be sold.