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Irrevocable Letter Of Authority for United Arab Emirates

Irrevocable Letter Of Authority Template for United Arab Emirates

An Irrevocable Letter of Authority under UAE law is a formal legal document that grants specific, unchangeable powers from one party (the grantor) to another (the authorized party). Governed by UAE Federal Laws, particularly the Civil Code and Commercial Code, this document creates a binding authorization that cannot be unilaterally revoked by the grantor. It typically requires notarization and potentially additional authentication depending on its use. The document is particularly significant in the UAE business environment where formal authorization documents carry substantial weight in commercial and administrative proceedings.

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Irrevocable Letter Of Authority

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What is a Irrevocable Letter Of Authority?

The Irrevocable Letter of Authority is a crucial legal instrument in the United Arab Emirates, commonly utilized when a party needs to grant permanent and unretractable authorization to another party to act on their behalf. This document is particularly relevant in scenarios involving long-term business arrangements, property transactions, or ongoing financial matters where the authority granted must remain stable and cannot be withdrawn. The document must comply with UAE Federal Laws and typically requires formal authentication processes. It's essential in situations where the recipient of the authority needs guaranteed continuity of their powers, such as in major commercial transactions, property developments, or long-term business representations. The irrevocable nature of the authority distinguishes it from standard power of attorney documents and requires careful consideration before execution.

What sections should be included in a Irrevocable Letter Of Authority?

1. Date and Reference Number: Clear identification of when the letter is issued and unique reference number

2. Addressee Details: Full name and address of the entity/person to whom authority is being granted

3. Grantor Details: Full name and details of the person/entity granting the authority

4. Declaration of Authority: Clear statement of the powers being granted and their irrevocable nature

5. Scope of Authority: Detailed description of what actions the authorized party can take

6. Duration: Specific timeframe for which the authority is valid

7. Governing Law Statement: Explicit statement that the letter is governed by UAE law

8. Execution Block: Signature blocks for grantor and witness signatures

What sections are optional to include in a Irrevocable Letter Of Authority?

1. Consideration: Statement of consideration if authority is granted as part of a transaction

2. Sub-delegation Rights: Optional clause allowing/restricting the right to delegate authority to others

3. Reporting Requirements: Optional section specifying any reporting obligations of the authorized party

4. Revocation Conditions: Although irrevocable, specific conditions under which the authority might be terminated

5. Dispute Resolution: Optional specific dispute resolution mechanisms if desired beyond standard court jurisdiction

What schedules should be included in a Irrevocable Letter Of Authority?

1. Schedule 1 - Specific Powers: Detailed list of specific powers and authorities being granted

2. Schedule 2 - Required Documents: List of documents that the authorized party needs to execute the authority

3. Appendix A - Form of Notice: Standard form for any notices required under the authority

4. Appendix B - Specimen Signatures: Specimen signatures of authorized persons for verification purposes

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Publisher

Ƶ

Document Type

Letter of Credit

Cost

Free to use
Relevant legal definitions




















Clauses




















Relevant Industries

Banking and Financial Services

Real Estate

Construction

International Trade

Manufacturing

Professional Services

Healthcare

Education

Retail

Logistics and Transportation

Energy and Utilities

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Relevant Teams

Legal

Compliance

Finance

Corporate Secretariat

Risk Management

Operations

Commercial

Business Development

Property Management

Project Management

Treasury

Contract Administration

Relevant Roles

Chief Executive Officer

Managing Director

Chief Financial Officer

Legal Counsel

Corporate Secretary

Compliance Officer

Risk Manager

Business Development Manager

Property Manager

Project Director

Operations Manager

Contract Manager

Commercial Director

Finance Manager

Treasury Manager

Company Director

Board Member

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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