Scope of Compulsory Borrowing and Lending. Each User shall be subject to compulsory lending of its Available Inventory to other Users with Capacity in the same Reference Period, and each User shall be entitled to borrow (by requiring other Users to so lend on a compulsory basis) from the Available Inventory of other Users with Capacity in the same Reference Period, subject to the conditions set forth in this Clause 4. In order to facilitate the provisions of this Clause 4, Operator shall from time to time calculate and notify to all Users the aggregate Available Inventory of all Users with Capacity in the relevant Reference Period.
Appears in 2 contracts
Sources: Terminal Inter User Agreement, Terminal Inter User Agreement
Scope of Compulsory Borrowing and Lending. β Each User shall be subject to compulsory lending of its Available Inventory to other Users with Capacity in the same Reference Period, and each User shall be entitled to borrow (by requiring other Users to so lend on a compulsory basis) from the Available Inventory of other Users with Capacity in the same Reference Period, subject to the conditions set forth in this Clause 4. In order to facilitate the provisions of this Clause 4, Operator shall from time to time calculate and notify to all Users the aggregate Available Inventory of all Users with Capacity in the relevant Reference Period.
Appears in 1 contract
Sources: Terminal Inter User Agreement