Ƶ

Fixed Sum Loan Agreement for United Arab Emirates

Fixed Sum Loan Agreement Template for United Arab Emirates

A comprehensive legal document governed by UAE law that establishes the terms and conditions for a fixed sum loan between a lender and borrower. The agreement details the loan amount, interest rates (in compliance with UAE banking regulations and Islamic finance principles where applicable), repayment schedule, security arrangements, and default provisions. It incorporates specific UAE legal requirements, including those from the UAE Civil Code and Central Bank regulations, while ensuring enforceability within the UAE jurisdiction. The document includes necessary provisions for both conventional and Sharia-compliant lending, depending on the parties' requirements.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Fixed Sum Loan Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Fixed Sum Loan Agreement?

The Fixed Sum Loan Agreement is a crucial financial instrument used in the United Arab Emirates for both commercial and personal lending. It is designed to comply with UAE Federal Law No. 5 of 1985 (Civil Code), UAE Federal Law No. 14 of 2018 (Central Bank Law), and other relevant banking regulations. The agreement is typically used when a lender provides a specific sum of money to a borrower, with predetermined interest rates and repayment terms. It includes essential provisions for loan disbursement, security arrangements, events of default, and enforcement mechanisms. The document can be structured to accommodate both conventional banking and Islamic finance principles, making it versatile for various financing needs while ensuring compliance with UAE legal requirements and Central Bank guidelines.

What sections should be included in a Fixed Sum Loan Agreement?

1. Parties: Identifies and defines the Lender and Borrower with full legal names and details

2. Background: Sets out the context of the loan agreement and the parties' intentions

3. Definitions and Interpretation: Defines key terms used throughout the agreement and interpretation rules

4. The Loan: Specifies the loan amount, purpose, and conditions precedent to drawdown

5. Interest: Details the interest rate, calculation method, and payment periods

6. Repayment: Specifies repayment schedule, method, and prepayment terms

7. Representations and Warranties: Standard representations made by the Borrower about their legal and financial status

8. Borrower Covenants: Positive and negative obligations of the Borrower during the loan term

9. Events of Default: Lists circumstances that constitute default and consequences

10. Payments: Details payment mechanics, currency, and business day conventions

11. Notices: Specifies how formal communications between parties should be made

12. Assignment and Transfer: Rules regarding transfer of rights and obligations under the agreement

13. Governing Law and Jurisdiction: Specifies UAE law as governing law and jurisdiction for disputes

What sections are optional to include in a Fixed Sum Loan Agreement?

1. Security: Required if the loan is secured - details the security arrangement and enforcement

2. Guarantee: Required if there is a guarantor for the loan

3. Islamic Finance Provisions: Required if the loan needs to be Sharia-compliant

4. Tax Provisions: Required if there are specific tax implications to be addressed

5. Insurance: Required if specific insurance coverage is mandatory for the loan

6. Change of Control: Required if the loan agreement needs to address ownership changes in the Borrower

7. Costs and Expenses: Optional section detailing who bears various costs related to the loan

8. Entire Agreement: Optional boilerplate section about agreement superseding prior discussions

What schedules should be included in a Fixed Sum Loan Agreement?

1. Schedule 1 - Loan Details: Contains specific loan terms including amount, interest rate, and repayment schedule

2. Schedule 2 - Conditions Precedent: Lists all documents and conditions required before loan drawdown

3. Schedule 3 - Repayment Schedule: Detailed amortization schedule showing payment dates and amounts

4. Schedule 4 - Form of Drawdown Notice: Template for the Borrower to request loan disbursement

5. Schedule 5 - Security Documents: List and copies of security documents if loan is secured

6. Appendix A - Fees and Charges: Detailed breakdown of all applicable fees and charges

7. Appendix B - Contact Details: Complete contact information for all parties and authorized representatives

8. Appendix C - Form of Compliance Certificate: Template for periodic compliance reporting by Borrower

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

Loan Agreement

Sector

Banking

Cost

Free to use
Relevant legal definitions










































Clauses
































Relevant Industries

Banking & Financial Services

Real Estate

Construction

Manufacturing

Retail

Healthcare

Education

Hospitality

Technology

Transportation & Logistics

Energy & Utilities

Professional Services

Relevant Teams

Legal

Finance

Compliance

Risk Management

Treasury

Corporate Banking

Credit Analysis

Operations

Documentation

Business Development

Account Management

Relevant Roles

Chief Financial Officer

Finance Manager

Legal Counsel

Compliance Officer

Credit Risk Manager

Banking Relationship Manager

Treasury Manager

Corporate Finance Director

Financial Controller

Loan Officer

Legal Director

Company Secretary

Risk Management Officer

Business Development Manager

Account Manager

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

Find the exact document you need

Salary Loan Agreement

UAE-governed agreement establishing terms for a salary-backed personal loan between a financial institution and employed individual, including salary assignment provisions.

find out more

Project Finance Loan Agreement

A UAE-law governed template for project finance loans, integrating conventional and Islamic finance principles for large-scale projects.

find out more

OverAgreement

UAE-governed agreement establishing terms for bank overdraft facilities, including limits, rates, and security arrangements under UAE banking regulations.

find out more

Non Recourse Loan Agreement

UAE-law non-recourse loan template for secured financing, limiting lender's recourse to designated collateral assets.

find out more

Mezzanine Loan Agreement

A UAE-law mezzanine loan template addressing Sharia compliance, regulatory requirements, and security interests for financing arrangements.

find out more

Loan Participation Agreement

A UAE banking document template for structuring loan participation agreements, compliant with local laws and international standards.

find out more

Loan Note Register

UAE-compliant template for maintaining a structured register of loan notes, ensuring proper documentation and regulatory compliance under UAE federal laws.

find out more

Loan Facility Agreement

A UAE legal document template for establishing credit facilities, incorporating conventional and Islamic financing options.

find out more

Loan Consent Form

A UAE-compliant document capturing formal consent and acknowledgment from parties involved in a lending transaction, adhering to UAE Federal Laws and Banking regulations.

find out more

Litigation Financing Agreement

UAE law-governed agreement establishing terms for third-party funding of litigation, including funding commitments, success fees, and control mechanisms.

find out more

Inter Corporate Loan Agreement

UAE-governed agreement establishing terms for corporate-to-corporate lending, including loan facility, security, and enforcement provisions under UAE law.

find out more

House Loan Contract

UAE-governed agreement between a financial institution and borrower for property financing, detailing loan terms and mortgage security arrangements.

find out more

Hand Loan Agreement

A UAE-compliant agreement documenting a personal loan between parties, outlining loan terms and repayment conditions in accordance with UAE Civil Code and Sharia principles.

find out more

Flexi Finance Loan Agreement

UAE-governed flexible loan facility agreement allowing variable drawdowns subject to a maximum limit, compliant with UAE banking and finance laws.

find out more

Facility Letter Mortgage

A UAE-compliant document combining a credit facility offer with mortgage security arrangements, outlining financing terms and property security details under UAE Federal and Emirates laws.

find out more

Employee Forgivable Loan Agreement

A UAE legal document offering forgivable loans to employees, ensuring retention through compliance with local labor laws and Sharia principles.

find out more

Employee Equipment Loan Agreement

A UAE legal document outlining terms for employee equipment loans, ensuring compliance with labor and property laws.

find out more

Employee Cash Advance Agreement

A UAE legal document outlining salary advance terms, ensuring compliance with labor laws and protecting employer-employee interests.

find out more

Domestic Helper Loan Agreement

A UAE legal document outlining loan terms for domestic helpers, ensuring compliance with employment and financial regulations.

find out more

Device Loan Agreement

A UAE legal document for loaning electronic devices, detailing usage, maintenance, and return conditions.

find out more

Debt To Equity Conversion Agreement

A UAE legal document for converting company debt into equity, ensuring compliance with local laws and regulations.

find out more

Credit Terms Agreement

UAE-compliant credit terms agreement template establishing terms and conditions for credit facilities between financial institutions and borrowers.

find out more

Borrowing Form

A UAE legal template for documenting lending arrangements, accommodating both conventional and Islamic financing principles.

find out more

Assignment Of Loan Agreement

A UAE law-governed agreement transferring rights and obligations under an existing loan from one lender to another, compliant with UAE Civil Code and banking regulations.

find out more

Assignment Of Debt Agreement

A UAE legal document for transferring creditor rights, ensuring compliance with civil and Sharia law principles.

find out more

Agreement Between Two Persons For Money

UAE-governed agreement formalizing monetary arrangements between two individuals, compliant with UAE Civil Code and Sharia principles.

find out more

Title Loan Agreement

A UAE legal document for vehicle-secured loans, ensuring compliance with local laws and Sharia principles.

find out more

Money Lending Form

UAE-compliant lending agreement template suitable for both conventional and Islamic financing arrangements, incorporating local regulatory requirements and banking practices.

find out more

Subordinated Loan Agreement

UAE law-governed template for subordinated loan arrangements, establishing terms and conditions for subordinated debt financing in compliance with UAE regulations.

find out more

Forgivable Loan Agreement

A UAE legal template for forgivable loans, detailing terms, forgiveness conditions, and compliance with local laws.

find out more

Loan Agreement With Guarantor

A UAE legal template for secured loans with guarantor, ensuring compliance with local lending and guarantee laws.

find out more

Payday Loan Contract

A UAE-law governed payday loan contract template for short-term loans, incorporating regulatory and consumer protection provisions.

find out more

Simple Loan Application Form

A UAE banking sector template for standardized loan applications, integrating conventional and Islamic financing options.

find out more

Loan Guarantor Agreement

A UAE legal document for third-party loan guarantee, ensuring compliance with local banking and Sharia regulations.

find out more

Employee Laptop Agreement

UAE-governed agreement establishing terms for company laptop provision to employees, including usage policies and security requirements.

find out more

Debt Purchase Agreement

A UAE legal template for debt purchase agreements, ensuring compliance with federal laws and Islamic finance principles.

find out more

Personal Loan Receipt

A UAE banking document detailing personal loan terms, ensuring compliance with local regulations and consumer protection laws.

find out more

Simple Convertible Loan Agreement

UAE law-governed convertible loan agreement template for company financing with loan-to-equity conversion options.

find out more

Work Loan Agreement

A UAE-governed agreement establishing terms for an employer-provided loan to an employee, including repayment terms and obligations under UAE Federal Laws.

find out more

Board Resolution To Borrow

A UAE legal document authorizing corporate borrowing, detailing board approval, loan terms, and designated signatories.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it