Document background
The Finance Agreement serves as the primary documentation for lending and financing arrangements in the United Arab Emirates, structured to comply with UAE Federal Laws and regulations. It is utilized when a party requires funding for business operations, acquisitions, development projects, or other commercial purposes. The agreement comprehensively details the financing terms, including facility amount, purpose, drawdown mechanics, repayment obligations, and security arrangements. It incorporates necessary provisions to ensure compliance with UAE banking regulations, Civil Code requirements, and where applicable, Islamic finance principles. The document can be adapted for various financing structures, from simple bilateral loans to complex syndicated facilities, and includes specific provisions for enforcement under UAE law.
