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1. Parties: Identification of the seller/creditor and buyer/debtor with full legal names and addresses
2. Background: Context of the transaction, relationship between parties, and purpose of the credit sale
3. Definitions and Interpretation: Definitions of key terms, interpretation rules, and currency conventions
4. Sale and Purchase: Details of the goods/assets being sold, including specifications and delivery terms
5. Purchase Price and Payment Terms: Total price, down payment, installment amounts, payment schedule, and interest/profit rate
6. Security: Security arrangements, including retention of title and any additional collateral requirements
7. Representations and Warranties: Statements of fact and assurances from both parties regarding their capacity and the transaction
8. Buyer's Obligations: Key obligations including payments, maintenance of goods, insurance requirements
9. Seller's Obligations: Obligations regarding delivery, warranty, after-sale service
10. Default and Consequences: Events of default, remedies, acceleration rights
11. Termination: Circumstances allowing termination and consequences
12. Governing Law and Jurisdiction: UAE law as governing law and jurisdiction of UAE courts
13. Notices: Process and addresses for formal communications between parties
14. Execution: Signature blocks and execution formalities
1. Islamic Finance Compliance: Required when the agreement needs to comply with Shariah principles, including specific terminology and structure
2. Insurance: Detailed insurance requirements when the value or nature of goods requires specific insurance coverage
3. Assignment: Include when either party may need to transfer rights or obligations
4. Third Party Rights: Include when third parties may have enforcement rights under the agreement
5. Force Majeure: Include for high-value transactions or where delivery timing is critical
6. Entire Agreement: Include when there are previous agreements or negotiations that need to be superseded
7. Language: Include when dual language versions are provided, specifying which version prevails
1. Schedule 1 - Description of Goods: Detailed specifications of goods being sold
2. Schedule 2 - Payment Schedule: Detailed breakdown of installment amounts and due dates
3. Schedule 3 - Delivery Terms: Specific delivery requirements, locations, and timelines
4. Schedule 4 - Form of Transfer of Title: Template for transfer of title documentation
5. Schedule 5 - Security Documents: Forms of any security documents required
6. Appendix A - Condition Report: Initial condition report for goods (if applicable)
7. Appendix B - Warranty Terms: Detailed warranty terms and conditions
8. Appendix C - Insurance Requirements: Specific insurance requirements and minimum coverage
Automotive
Industrial Equipment
Consumer Electronics
Heavy Machinery
Construction Equipment
Medical Equipment
Office Equipment
Furniture and Fixtures
Agricultural Equipment
Manufacturing
Retail
Technology
Healthcare
Legal
Finance
Sales
Risk Management
Compliance
Commercial
Credit Control
Treasury
Operations
Collections
Business Development
Legal Counsel
Credit Manager
Finance Director
Sales Manager
Risk Manager
Compliance Officer
Commercial Director
Contract Administrator
Chief Financial Officer
Treasury Manager
Collections Manager
Business Development Manager
Operations Manager
Credit Analyst
Financial Controller
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