Agreement | a legally binding Soldera Platform Membership Agreement between the Parties for the provision of the Services, comprising the General Conditions and the Special Conditions. |
Buyer | a legal person who purchases Energy Attribute Certificates, and acts as a counterparty to a sales transaction facilitated through the Services, in the course of its economic or professional activities. For the avoidance of doubt, this term does not include Soldera when acting as a buyer. |
Energy Attribute Certificates | an electronic document issued by the Member's local Registry certifying that electricity has been produced from renewable energy sources. Depending on the country, such documents may be referred to as Guarantees of Origin (as in the EU), Renewable Energy Certificates, or International Renewable Energy Certificates, and the term shall be deemed to include any other equivalent instrument registered or recognised in the respective jurisdiction. |
Fee | the commission to be paid by the Member to Soldera for the performance of the Agreement on the basis and in accordance with the procedure agreed in the Agreement. |
Legislative Amendment | the enactment, amendment, or change in the application of any law, regulation, binding rule (including, but not limited to, the Registry Rules), or policy or rule or requirement of any public body (or any change in the interpretation thereof by any relevant authority) that would materially and adversely affect the ability of Soldera and/or the Member to enforce its rights or perform its material obligations under the Agreement. |
Member | a Producer or any other accepted user of the Services and the Soldera Platform. |
Party or Parties | Soldera and the Member, referred to separately or collectively. |
Payment Account | the bank account to which the sales revenue belonging to the Member will be credited after submitting an invoice on the Soldera Platform. |
Producer | a Member who is a natural or legal person who in the course of its economic or professional activities produces electricity from renewable energy sources with a generating installation located in a country in which Soldera provides services. |
Registry | an electronic registry, ledger, or similar database that records the registration, use, trade, expiry, or other actions related to Energy Attribute Certificates, and is operated by a public authority or a private entity designated as such by the respective government authority. |
Registry Rules | the terms and conditions for the use of the Registry, developed and published by relevant local authorities. |
Service | the activities, tools, and benefits as specified in the General Conditions that Soldera provides to the Member under the Agreement. |
Soldera | Soldera OÜ, or any other person mandated by Soldera to, providing the Services under the Agreement. |
Soldera Platform | Soldera's technological solution that facilitates the provision of Services, including communication, data exchange, and accounting regarding transactions with, and any other activities related to, the Energy Attribute Certificates. |
Website | Soldera's website soldera.org together with all sub-pages through which the Soldera Platform is made available to Members. |
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