General Terms and Conditions of the Agreement. 2.1 The Parties acknowledge their obligations in accordance with the Law of Ukraine "About the Electricity Market", the Procedure, the Market Rules approved by the НКРЕКП Resolution № 307 ddeclare of March 14, 2018, and are guided by their provisions and the provisions of the legislation of Ukraine on the implementation of this Agreement. 2.2 The purchase and sale of electricity under this agreement is subject to PE membership in the balancing group of PE generators. 2.3 The PE is obliged to sell and SEE obliged to buy all the electricity produced by the producer at the commercial metering points of the generating units of the producer at the feed-in tariff set to him, subject to the tariff surcharge. 2.4 The PE sells SEE electricity in accordance with the Tariff Order, the values of which for each feed-in unit are set by the National Commission for State Regulation of Energy and Public Utilities (hereinafter НКРЕКП) in the national currency of Ukraine. 2.5 The cost of electricity purchased from SEE from PE at the feed-in tariff in the billing month is determined in accordance with Chapter 10 of the Procedure, based on the tariffs set by the НКРЕКП for each generation unit at the feed-in tariff.
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Sources: Electricity Purchase Agreement, Electricity Purchase Agreement, Electricity Purchase Agreement