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The Short Form Loan Agreement is designed for use in the United Arab Emirates where parties require a streamlined lending document that maintains legal robustness while avoiding unnecessary complexity. This document is particularly suitable for single-drawdown loans, straightforward security arrangements, and situations where the lending relationship is relatively uncomplicated. It incorporates key requirements under UAE Federal Law No. 5 of 1985 (Civil Code) and relevant banking regulations, with flexibility to accommodate both conventional and Islamic financing structures. The agreement includes essential provisions for loan amount, interest/profit rate, repayment terms, events of default, and basic representations and warranties, while remaining concise enough for efficient review and execution. It's commonly used for business loans, asset financing, and general corporate borrowing within the UAE jurisdiction.

1. Parties: Identification of lender and borrower with full legal names and addresses

2. Background: Brief context of the loan arrangement and relationship between parties

3. Definitions: Key terms used throughout the agreement

4. Loan Amount and Purpose: Specification of the loan amount and its intended use

5. Interest Rate and Calculation: Interest rate, calculation method, and compliance with UAE lending regulations

6. Repayment Terms: Payment schedule, method, and currency of repayment

7. Security: Details of any security or guarantee provided for the loan

8. Representations and Warranties: Basic statements of fact and assurances from the borrower

9. Events of Default: Circumstances constituting default and consequences

10. Governing Law and Jurisdiction: Specification of UAE law governance and jurisdiction for disputes