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1. Party Information: Details of the person or entity assuming financial responsibility, including full legal name, Emirates ID/passport number for individuals, or trade license details for companies
2. Definitions: Clear definitions of key terms used in the form, including financial obligations, payment terms, and other relevant terminology
3. Financial Obligation Declaration: Clear statement of the financial responsibilities being assumed, including specific amounts or obligations
4. Payment Terms: Detailed information about payment schedules, methods, and conditions
5. Representations and Warranties: Declarations regarding the financial capacity and authority to assume the obligations
6. Default and Consequences: Clearly stated consequences of failing to meet the financial obligations
7. Duration and Termination: Period for which the financial responsibility remains valid and conditions for termination
8. Governing Law and Jurisdiction: Statement confirming UAE law governance and jurisdiction for disputes
1. Guarantee Provisions: Additional guarantees or security provisions, used when additional security is required
2. Corporate Authority: Required when the form is being signed on behalf of a corporate entity, including board resolutions or powers of attorney
3. Insurance Requirements: Specific insurance obligations, included when insurance coverage is part of the financial responsibility
4. Foreign Currency Provisions: Required when obligations involve multiple currencies or foreign exchange considerations
5. Joint Liability: Used when multiple parties are jointly assuming financial responsibility
6. Electronic Payment Terms: Specific provisions for electronic payment methods and processing
1. Schedule A - Financial Obligation Details: Detailed breakdown of financial obligations, including amounts, dates, and specific commitments
2. Schedule B - Supporting Documents: List of required supporting documents such as bank statements, salary certificates, or other financial proof
3. Schedule C - Payment Schedule: Detailed payment timeline and installment details if applicable
4. Appendix 1 - KYC Documents: Copies of required Know Your Customer documents and identification proof
5. Appendix 2 - Financial Statements: Recent financial statements or proof of financial capacity where required
Banking and Financial Services
Insurance
Real Estate
Education
Healthcare
Retail
Hospitality
Construction
Professional Services
Manufacturing
Telecommunications
Transportation and Logistics
Finance
Legal
Compliance
Risk Management
Credit Control
Treasury
Operations
Human Resources
Procurement
Customer Service
Corporate Governance
Internal Audit
Chief Financial Officer
Finance Manager
Compliance Officer
Legal Counsel
Risk Manager
Credit Controller
Account Manager
Financial Analyst
Treasury Manager
Corporate Secretary
Human Resources Director
Procurement Manager
Operations Director
Branch Manager
Relationship Manager
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