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The Loan Purchase Agreement Template is designed for use in the United Arab Emirates when one financial institution intends to purchase a portfolio of loans from another. This document template is structured to comply with UAE Federal Laws, including the UAE Civil Code, Commercial Code, and Central Bank regulations governing banking activities and financial transactions. It is particularly relevant for portfolio sales, debt trading, and financial institution restructuring scenarios. The template includes comprehensive provisions for due diligence, regulatory approvals, transfer mechanics, and ongoing obligations, with specific attention to UAE Central Bank requirements and local banking practices. It can be customized for various types of loan portfolios, including conventional and Islamic facilities, and incorporates necessary provisions for customer notification and consent in accordance with UAE law.

1. Parties: Identification of the seller and purchaser of the loans, including their legal status and registration details

2. Background: Context of the transaction, including the existence of the loan portfolio and the parties' intention to transfer

3. Definitions: Definitions of key terms used throughout the agreement, including technical banking and financial terms

4. Sale and Purchase: Core transaction terms including the agreement to sell and purchase the loans, effective date, and completion mechanics

5. Purchase Price: Details of the purchase price, calculation methodology, adjustments, and payment terms

6. Conditions Precedent: Conditions that must be satisfied before completion of the transaction

7. Completion: Mechanics and timing of completion, including actions required by each party

8. Representations and Warranties: Seller's and purchaser's representations regarding their capacity and authority, and specific warranties about the loan portfolio

9. Seller Covenants: Ongoing obligations of the seller, including document delivery and cooperation requirements

10. Transfer Mechanics: Detailed process for transferring the loans, including documentation and notices

11. Regulatory Compliance: Compliance with UAE banking laws, Central Bank requirements, and other regulatory obligations

12. Confidentiality: Obligations regarding confidential information and customer data protection

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

14. General Provisions: Standard boilerplate provisions including notices, amendments, and severability