¶¶Òõ¶ÌÊÓƵ

The Bridge Loan Agreement is a crucial financing document used in Qatar when temporary financing is required to complete time-sensitive transactions or meet immediate funding needs while permanent financing arrangements are being finalized. This agreement type is commonly employed in corporate acquisitions, real estate developments, or major project financings where timing gaps exist between capital requirements and long-term funding availability. The document must comply with Qatar's legal framework, including Civil Code requirements and Qatar Central Bank regulations, with potential structuring to accommodate Islamic finance principles. It typically includes detailed provisions on facility terms, security arrangements, conditions precedent, repayment mechanics, and take-out financing requirements. The agreement's structure reflects Qatar's sophisticated banking sector while incorporating international best practices in bridge financing.

1. Parties: Identification of the lender(s), borrower(s), and any guarantors or security providers

2. Background: Context of the bridge loan, including purpose and relationship to permanent financing

3. Definitions and Interpretation: Defined terms, construction provisions, and interpretation rules

4. The Facility: Details of the bridge loan facility, including amount, purpose, and availability period

5. Conditions Precedent: Conditions that must be satisfied before drawdown

6. Drawdown: Procedures and requirements for utilization of the facility

7. Interest: Interest calculation, periods, and payment provisions (structured to ensure Sharia compliance if required)

8. Repayment and Prepayment: Terms for repayment, mandatory and voluntary prepayment provisions

9. Take-out Financing: Provisions regarding permanent financing arrangements

10. Representations and Warranties: Standard and transaction-specific representations by the borrower

11. Covenants: Positive and negative undertakings by the borrower

12. Events of Default: Circumstances constituting default and consequences

13. Security: Details of security arrangements and enforcement rights

14. Changes to Parties: Assignment and transfer provisions

15. Administration: Payment mechanics, notices, and calculations

16. Governing Law and Jurisdiction: Qatar law as governing law and jurisdiction provisions