In two of the seven (Hawaii and Washington), ICF/MR and waiver. services are delivered separately, outside the MLTSS program and. enrollees receive all other services from the MLTSS program. In one of the seven (Pennsylvania), the MLTSS program is targeted.
A Power Purchase Agreement is a contract to buy solar power based on a set rate that is usually equal to or less than market rate from your local utility company. Because your solar electric rate is secured, you can also protect yourself from the volatility of future utility rate increases.
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.