Facility and Purpose. The Lender shall, on the terms set forth herein, make the Facility available to the Borrower to cover expected shortfall of financing under the Newbuilding Programme and for working capital purposes.
Appears in 4 contracts
Sources: Revolving Credit Facility Agreement (Himalaya Shipping Ltd.), Revolving Credit Facility Agreement (Himalaya Shipping Ltd.), Revolving Credit Facility Agreement (Himalaya Shipping Ltd.)