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1. Parties: Identification of the Lender, Borrower, and any guarantors or third-party pledgors
2. Background: Context of the loan arrangement and purpose of the pledge agreement
3. Definitions: Key terms used throughout the agreement, including specific UAE law terminology
4. Loan Terms: Details of the loan amount, interest rate, repayment schedule, and other financing terms
5. Pledge Creation: Express creation of the pledge over the specified assets in compliance with UAE law
6. Pledged Assets: Detailed description and identification of the assets being pledged as security
7. Perfection Requirements: Steps required to perfect the pledge under UAE law, including registration requirements
8. Representations and Warranties: Statements by the pledgor regarding ownership, authority, and status of pledged assets
9. Covenants: Ongoing obligations of the pledgor regarding maintenance and preservation of pledged assets
10. Events of Default: Circumstances constituting default under the agreement
11. Enforcement Rights: Lender's rights and remedies upon default, compliant with UAE enforcement procedures
12. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction of UAE courts
1. Insurance: Requirements for insurance of pledged assets, used when assets require specific insurance coverage
2. Security Agent: Provisions regarding appointment and authority of security agent, used in syndicated lending
3. Further Assurance: Additional actions required to perfect or maintain the pledge, used for complex asset types
4. Power of Attorney: Appointment of lender as attorney for enforcement purposes, used when UAE law permits
5. Tax Provisions: Allocation of tax responsibilities, used when significant tax implications exist
6. Currency Provisions: Terms for handling multiple currencies, used in cross-border transactions
1. Schedule 1 - Loan Terms: Detailed breakdown of loan amount, interest calculations, and repayment schedule
2. Schedule 2 - Pledged Assets: Comprehensive description and identification details of all pledged assets
3. Schedule 3 - Perfection Requirements: Specific steps and documentation required for pledge perfection
4. Schedule 4 - Form of Notice: Template notices required for pledge registration or third-party notification
5. Schedule 5 - Conditions Precedent: List of documents and conditions required before agreement effectiveness
6. Appendix A - Registration Forms: Forms required for registering the pledge with relevant UAE authorities
7. Appendix B - Valuation Report: Independent valuation of pledged assets if required
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Trading & Commercial
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Technology & Communications
Energy & Resources
Transport & Logistics
Retail & Consumer Goods
Legal
Finance
Treasury
Risk Management
Compliance
Credit
Operations
Corporate Secretariat
Business Development
Commercial
Chief Financial Officer
Finance Director
Legal Counsel
Corporate Lawyer
Credit Manager
Risk Manager
Treasury Manager
Compliance Officer
Security Trustee
Loan Officer
Commercial Director
Business Development Manager
Company Secretary
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