Amount of the collateral. The amount of the collateral is the sum of:
Amount of the collateral. The amount of the Collateral shall be at least equal to the sum of the Network User’s average Balancing Monthly (and Self-billing) Fee and of the Network User’s maximum Balancing Monthly (and self-billing) Fee invoiced to Network User during the last twelve (12) Months rounded upwards to a multiple thousand Euro (EUR 1.000) with a minimum of one hundred thousand Euros (EUR 100.000) , subject to the following:
Amount of the collateral. The amount of the Collateral Bank Guarantee shall be at least equal to the sum of the Grid User’s average Balancing Monthly (and Self-billing) Fee and of the Grid User’s maximum Balancing Monthly (and self-billing) Fee invoiced to Grid User during the last twelve (12) Months, subject to the following: