Provision of Collateral. 1.1 The BRP shall provide collateral ("Collateral") to eSett as security against the risk ("Counterparty Risk") that the BRP is unable to fulfill its obligations towards eSett in the Imbalance Settlement, such as the payment of outstanding and future Settlement Amounts, or any other obligations of the BRP in the Imbalance Settlement.
Appears in 4 contracts
Samples: Settlement Agreement, Imbalance Settlement Agreement, Settlement Agreement
