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1. Letter Header: Bank's letterhead, date, reference number, and formal addressing to the recipient
2. Recipient Details: Full name and address of the borrower/customer
3. Subject Line: Clear indication that this is a Credit Extension Letter with reference to any existing facilities
4. Reference to Existing Relationship: Brief mention of current banking relationship and any existing credit facilities
5. Credit Facility Details: Specific details of the credit extension including amount, tenure, and purpose
6. Commercial Terms: Interest rate, fees, charges, and repayment terms
7. Conditions Precedent: Any conditions that must be met before the credit extension becomes effective
8. Security and Collateral: Details of any required security or continuation of existing security arrangements
9. Acceptance Mechanism: Instructions for accepting the offer and deadline for acceptance
10. Closing: Standard closing, bank signatory details, and space for authorized signatures
1. Islamic Banking Compliance: Required when the credit facility needs to be Sharia-compliant
2. Related Party Acknowledgment: Required when the borrower is part of a larger group or has connected entities
3. Foreign Currency Provisions: Required when the credit facility involves foreign currency
4. Insurance Requirements: Required when specific insurance coverage must be maintained
5. Cross-Default Provisions: Required when the facility is linked to other banking facilities
6. Change in Circumstances: Optional section addressing potential market disruption or change in law
7. Anti-Money Laundering Statement: May be required for certain types of facilities or customers
1. Schedule 1 - Facility Terms Summary: Detailed breakdown of all financial terms and conditions
2. Schedule 2 - Fee Schedule: Comprehensive list of all applicable fees and charges
3. Schedule 3 - Security Details: Details of collateral, guarantees, or other security arrangements
4. Appendix A - Required Documents: List of documents required for acceptance and drawdown
5. Appendix B - Compliance Certificates: Templates for ongoing compliance certifications if required
6. Appendix C - Drawing Notice Form: Standard form for requesting drawdown under the facility
Applicable Law
Availability Period
Banking Day
Base Rate
Borrower
Central Bank
Conditions Precedent
Credit Facility
Default Event
Drawdown
EIBOR
Existing Facilities
Facility Amount
Facility Period
Fee Schedule
Final Maturity Date
Financial Statements
Governing Law
Group
Guarantee
Interest Period
Interest Rate
Islamic Facility
Lender
Material Adverse Effect
Obligor
Outstanding Amount
Permitted Purpose
Profit Rate
Related Party
Relevant Jurisdiction
Security
Security Provider
Subsidiary
UAE
UAE Dirham
Utilization
Interest and Fees
Repayment
Security
Conditions Precedent
Representations and Warranties
Covenants
Events of Default
Prepayment
Currency
Assignment
Notices
Governing Law
Jurisdiction
Amendment
Compliance
Anti-Money Laundering
Sanctions
Force Majeure
Set-off Rights
Severability
Entire Agreement
Islamic Banking Compliance
Information Undertakings
Financial Covenants
Collateral
Insurance
Default Interest
Increased Costs
Market Disruption
Banking and Financial Services
Real Estate and Construction
Manufacturing and Industrial
Trading and Distribution
Retail
Healthcare
Hospitality and Tourism
Technology and Telecommunications
Energy and Utilities
Transportation and Logistics
Professional Services
Education
Legal
Finance
Treasury
Risk Management
Compliance
Corporate Banking
Credit Administration
Islamic Banking
Operations
Business Development
Account Management
Chief Financial Officer
Finance Director
Treasury Manager
Credit Manager
Relationship Manager
Legal Counsel
Compliance Officer
Risk Manager
Managing Director
Chief Executive Officer
Financial Controller
Credit Analyst
Corporate Banking Officer
Islamic Banking Specialist
Business Development Manager
Account Manager
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