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1. Parties: Identification of the Assignor (current lender), Assignee (new lender), and Borrower
2. Background: Details of the original loan agreement and the intention to assign the loan
3. Definitions: Definitions of key terms used throughout the agreement
4. Assignment: Core provision detailing the transfer of rights and obligations from Assignor to Assignee
5. Consideration: Details of the payment or consideration for the assignment
6. Effective Date: Specification of when the assignment takes effect
7. Representations and Warranties: Statements of fact and guarantees by the Assignor regarding the loan
8. Borrower's Consent: Acknowledgment and consent from the Borrower to the assignment
9. Further Assurance: Obligation to execute additional documents if needed
10. Notices: Communication procedures between parties
11. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction details
1. Security Transfer: Required if there is any security or collateral associated with the loan being transferred
2. Partial Assignment: Include if only a portion of the loan is being assigned
3. Regulatory Compliance: Required if either party is a regulated entity or if the loan assignment requires regulatory approval
4. Tax Provisions: Include if there are specific tax implications that need to be addressed
5. Confidentiality: Include if there is sensitive information that needs protection
6. Anti-Money Laundering: Required if either party is a financial institution or if required by UAE regulations
1. Schedule 1 - Original Loan Agreement: Copy or details of the original loan agreement being assigned
2. Schedule 2 - Loan Details: Current status of the loan, including principal amount, interest rate, payment schedule, and outstanding balance
3. Schedule 3 - Security Details: List and details of any security or collateral associated with the loan
4. Schedule 4 - Form of Notice to Borrower: Template of formal notice to be sent to the Borrower regarding the assignment
5. Appendix A - Required Consents: Copies of any required third-party or regulatory consents
Assignee
Assignor
Assignment Date
Borrower
Business Day
Completion
Consideration
Default
Effective Date
Encumbrance
Facility Agreement
Finance Documents
Financial Indebtedness
Governmental Authority
Interest
Loan
Material Adverse Effect
Notice
Original Loan Agreement
Outstanding Amount
Parties
Principal
Security
Security Documents
Transaction Documents
Transfer Certificate
UAE
UAE Dirham
Consideration
Representations and Warranties
Conditions Precedent
Effectiveness
Further Assurance
Security Transfer
Notice Requirements
Borrower Acknowledgment
Payment Provisions
Fees and Expenses
Tax
Confidentiality
Anti-Money Laundering
Compliance
Indemnification
Amendment
Severability
Counterparts
Notices
Governing Law
Jurisdiction
Dispute Resolution
Entire Agreement
Banking & Financial Services
Real Estate
Construction
Commercial Lending
Islamic Finance
Investment Management
Private Equity
Asset Management
Corporate Finance
Project Finance
Legal
Finance
Credit
Compliance
Risk Management
Treasury
Corporate Finance
Investment
Banking Operations
Portfolio Management
Legal Counsel
Finance Manager
Credit Manager
Loan Officer
Compliance Officer
Risk Manager
Treasury Manager
Corporate Finance Director
Investment Manager
Portfolio Manager
Transaction Manager
Banking Operations Manager
Chief Financial Officer
Legal Director
Commercial Director
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