BRP Contract definition

BRP Contract shall have the meaning set forth in Section 4.13 of this Agreement.
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BRP Contract means a contract confirming the accreditation as balance responsible party in accordance with applicable national terms and conditions regarding the rights and obligations of the relevant parties1.
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Examples of BRP Contract in a sentence

  • The BRPBSP confirms holding a valid BRP Contract with ▇▇▇▇ during the period of validity of this agreement.

  • The nullity or invalidity of one or more provision(s) of this BRP Contract shall not affect the validity of its remaining provisions.

  • This BRP Contract and its Appendices set out: - The provisions and conditions, including the technical and operational requirements, that [BRP] must comply with in order to be granted the status of Balance Responsible Party and to keep this status throughout the duration of this BRP Contract.

  • Should one of the Parties at any time fail to demand strict fulfilment by the other Party of the obligations set out in the terms, agreements and conditions laid down in this BRP Contract, this may not be construed as a continuing waiver or relinquishment of these obligations, and either Party may at any time demand strict and complete fulfilment by the other Party of any or all of its obligations under said terms, agreements and conditions.

  • Each Party within a Pooling Agreement continues to be fully obliged to comply with its obligations to ▇▇▇▇ arising from this BRP Contract.

  • If at any given time during this BRP Contract any such permit, licence or approval is suspended and/or withdrawn, ▇▇▇▇ may immediately terminate this BRP Contract.

  • The Parties to this BRP Contract shall be mutually liable for any damage directly resulting from any contractual breach and/or fault.

  • If at the time of signing this BRP Contract the Parties are already bound by a current Balance Responsible Party contract for the current year, this BRP Contract supersedes, terminates and replaces the said current contract.

  • The guarantee is a security for the requested and punctual fulfilment of all the obligations arising from this BRP Contract, including, but not limited to, the payment of the Tariffs for Imbalance and/or external inconsistency.

  • If there is a conflict of interpretation or any divergence between this BRP Contract and one or more components of the Tariffs, said Tariff component(s) shall take precedence.