Borrowing Entitlement. (a) Any B&L User shall be entitled to borrow from the Available Inventory of a Lender, a quantity (in kWh) up to (but not exceeding) such B&L User’s Prevailing Nomination plus the Forecast Retainage at any given time.
(b) Borrowed Inventory shall be made physically available to the Borrower in tank and recorded for the account of the Borrower.
Borrowing Entitlement. 4.3.1 With respect to any day during a Reference Period, a User (the "Borrower User") shall be entitled to borrow from the Available Inventory of each other User with capacity during such Reference Period (each a "Lender User"), an aggregate amount equal to the amount of:
(a) the Borrower User's entitlement to Gas send-out pursuant to its TUA;
(b) the Borrower User's Available Inventory.
4.3.2 The aggregate of such quantities so lent by a Lender User to a Borrower User shall constitute the "
Borrowing Entitlement.
4.3.1 With respect to any day during a Reference Period, a User (the "Borrower User") shall be entitled to borrow from the Available Inventory of each other User with capacity during such Reference Period (each a "Lender User"), an aggregate amount equal to the amount of:
(a) the Borrower User's entitlement to Gas send-out pursuant to its TUA;
(b) the Borrower User's Available Inventory.
4.3.2 The aggregate of such quantities so lent by a Lender User to a Borrower User shall constitute the "Borrowed Inventory Quantity". The Borrowed Inventory Quantity shall be made physically available to a Borrower User in increments for each day of a Reference Period on an as-required basis only for Gas send-out actually delivered for the account of the Borrower User on such day in such Reference Period. The deduction of the Borrowed Inventory Quantity from the Available Inventory of a Lender User shall occur at the moment of delivery of Gas for the account of a Borrower User at the Gas Delivery Point.
4.3.3 A Borrower User shall not be entitled to borrow any Borrowed Inventory Quantity pursuant to Clause 4.3.1 in excess of the quantity necessary to ensure that the Borrower User receives Gas at the Reference Regasification Rate in respect of any day in a relevant Reference Period.
