The Framework Loan Agreement is a sophisticated financing document used when a lender provides a borrower with the flexibility to draw down multiple loans under a single master facility. This type of agreement is particularly relevant in the UAE market where businesses often require ongoing financing arrangements with the ability to access funds as needed. The document must comply with UAE Federal Law, including the Civil Code (Federal Law No. 5 of 1985) and Commercial Code (Federal Law No. 18 of 1993), while potentially incorporating Sharia-compliant structures. It typically includes detailed provisions for facility mechanics, security arrangements, representations and warranties, covenants, and events of default, all structured to accommodate UAE legal requirements and market practices. The Framework Loan Agreement is especially useful for ongoing business relationships where regular financing is required but individual loan documentation for each drawdown would be impractical.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the lender(s) and borrower(s) with full legal names and addresses
2. Background: Context of the agreement and relationship between the parties
3. Definitions and Interpretation: Detailed definitions of terms used throughout the agreement and interpretation rules
4. The Facility: Details of the loan facility including amount, purpose, and availability period
5. Conditions Precedent: Conditions that must be satisfied before drawdown
6. Drawdown Procedures: Process and requirements for requesting and making drawdowns
7. Interest and Fees: Profit rate calculation, payment dates, and applicable fees (structured to comply with Sharia principles)
8. Repayment and Prepayment: Terms for scheduled repayments and voluntary prepayments
9. Representations and Warranties: Statements of fact and assurances given by the borrower
10. Covenants: Positive and negative obligations of the borrower during the facility period
11. Events of Default: Circumstances constituting default and consequences
12. Changes to Parties: Rules for assignment and transfer of rights and obligations
13. Administration: Operational aspects including calculations, notices, and amendments
14. Governing Law and Jurisdiction: UAE law as governing law and jurisdiction provisions
1. Security: Required if the facility is secured, detailing security arrangements and enforcement
2. Guarantee: Include when there are third-party guarantors for the facility
3. Islamic Finance Provisions: Required for Sharia-compliant structures, replacing conventional interest provisions
4. Multiple Lenders: Required for syndicated facilities, including voting rights and administration
5. Increased Costs and Tax Gross-up: Optional protections for lenders against regulatory changes and tax implications
6. Market Disruption: Provisions dealing with market disruption events affecting interest rates
7. Set-off Rights: Additional rights for lender to set off amounts against borrower's accounts
8. Currency Provisions: Required for multi-currency facilities or cross-border transactions
1. Conditions Precedent: Detailed list of required documents and conditions
2. Form of Drawdown Request: Template for borrower to request drawdowns
3. Repayment Schedule: Table of repayment dates and amounts
4. Form of Transfer Certificate: Template for transferring rights and obligations
5. Financial Covenants: Detailed financial ratios and calculations
6. Form of Compliance Certificate: Template for periodic compliance certification
7. Existing Security: List of existing security interests and permitted encumbrances
8. Form of Accession Deed: Template for additional borrowers or guarantors to join
9. Contact Details: Administrative and notice details for all parties
Find the exact document you need
Framework Collaboration Agreement
A UAE law-governed agreement establishing the framework for long-term business collaboration between organizations, with provisions for specific project implementations.
Download
Partnership Framework Agreement
A UAE law-governed agreement establishing the framework for business partnerships, defining rights, obligations, and governance structures in compliance with UAE Commercial Companies Law.
Download
Investment Framework Agreement
UAE-governed framework agreement establishing terms and structure for investment transactions, addressing local regulatory requirements and investment mechanisms.
Download
Framework Purchase Agreement
UAE-governed agreement establishing terms for recurring purchases of goods or services, providing a framework for ongoing supply relationships.
Download
Framework Loan Agreement
UAE-governed agreement establishing terms for multiple loan drawdowns under a master facility structure, compliant with UAE Federal laws and commercial practices.
Download
Framework Cooperation Agreement
A UAE law-governed master agreement establishing terms for ongoing business collaboration between parties, providing a framework for future specific agreements.
Download
Cooperation Framework Agreement
UAE-governed framework agreement establishing general terms and principles for business cooperation between parties, serving as a foundation for future specific arrangements.
Download
Framework Partnership Agreement
UAE-governed framework agreement establishing terms and principles for long-term business partnerships, compliant with UAE commercial laws.
Download
Framework Contract
A UAE law-governed master agreement establishing terms and conditions for future commercial transactions between parties.
Download
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
.png)