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Money Agreement Between Two Parties Template
I need a Money Agreement Between Two Parties Template for a business loan of AED 500,000 between my company and a private investor, with monthly repayment installments over 24 months starting March 2025, including profit-sharing terms that comply with UAE Sharia law.
1. Parties: Identification and details of the lender and borrower, including full legal names, addresses, and any registration numbers for companies
2. Background: Context of the agreement and relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Loan Amount and Purpose: Specification of the principal amount and intended use of the funds
5. Repayment Terms: Details of repayment schedule, including payment amounts, frequency, and method of payment
6. Interest and Profit Rate: Specification of any interest or profit rate (ensuring Sharia compliance if required)
7. Security: Details of any security or collateral provided for the loan
8. Representations and Warranties: Statements of fact and assurances made by both parties
9. Events of Default: Circumstances that constitute default and consequences thereof
10. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes
11. Notices: Process and addresses for formal communications between parties
12. Execution: Signature blocks and execution requirements
1. Early Repayment: Terms and conditions for early repayment of the loan, including any penalties or benefits
2. Assignment: Provisions regarding the ability to transfer rights or obligations under the agreement
3. Force Majeure: Provisions for unforeseen circumstances that may affect the agreement
4. Guarantor Provisions: Include when a third-party guarantor is involved in securing the loan
5. Islamic Finance Provisions: Specific provisions to ensure Sharia compliance, if required
6. Costs and Expenses: Allocation of legal and administrative costs related to the agreement
7. Confidentiality: Provisions for maintaining confidentiality of the agreement terms
1. Schedule 1 - Repayment Schedule: Detailed breakdown of payment dates and amounts
2. Schedule 2 - Security Details: Detailed description of any security or collateral provided
3. Schedule 3 - Conditions Precedent: List of conditions that must be satisfied before the loan is provided
4. Appendix A - Form of Notice: Template for formal notices between parties
5. Appendix B - Calculation of Interest/Profit: Methodology for calculating any interest or profit (if applicable)
Authors
Banking & Financial Services
Real Estate
Construction
Retail
Manufacturing
Professional Services
Technology
Healthcare
Education
Small Business
Family Business
Investment
Trading
Legal
Finance
Compliance
Risk Management
Treasury
Credit Control
Corporate Governance
Business Development
Contracts Administration
Company Secretariat
Chief Financial Officer
Finance Manager
Legal Counsel
Compliance Officer
Credit Manager
Risk Manager
Treasury Manager
Financial Controller
Business Development Manager
Contract Administrator
Company Secretary
Managing Director
Finance Director
Accounts Manager
Legal Manager
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