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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 context for the assignment
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Assignment: Core provisions detailing the assignment of rights and obligations under the loan
5. Consideration: Details of the payment or consideration for the assignment
6. Effective Date: Specification of when the assignment becomes effective
7. Representations and Warranties: Statements of fact and assurances from both Assignor and Assignee
8. Assignor's Obligations: Ongoing obligations and responsibilities of the Assignor
9. Assignee's Obligations: Obligations and responsibilities assumed by the Assignee
10. Borrower's Acknowledgment: Confirmation of the Borrower's awareness and acceptance of the assignment
11. Further Assurance: Commitment to take additional steps necessary to perfect the assignment
12. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction details
13. Execution: Formal execution blocks for all parties to sign as a deed
1. Security Assignment: Required if any security interests are being transferred along with the loan
2. Conditions Precedent: Include when there are specific conditions that must be met before the assignment becomes effective
3. Islamic Finance Compliance: Required if the loan needs to comply with Sharia principles
4. Regulatory Compliance: Include when either party is subject to specific regulatory requirements
5. Tax Provisions: Include when there are specific tax implications that need to be addressed
6. Notices: Include when specific notice requirements for communications between parties are needed
7. Successors and Assigns: Include when future transfers need to be specifically addressed
8. Partial Assignment: Required if only part of the loan is being assigned
9. Confidentiality: Include when specific confidentiality obligations need to be imposed
1. Original Loan Agreement: Copy or details of the loan agreement being assigned
2. Loan Details: Specific details of the loan including amount, interest rate, payment terms
3. Security Documents: List and copies of any security documents related to the loan
4. Form of Notice to Borrower: Template for formal notice to be sent to the Borrower
5. Required Consents: Copies of any required third-party or regulatory consents
6. Payment Details: Bank account and payment information for ongoing loan payments
7. Outstanding Amounts: Statement of current outstanding amounts under the loan
Assignment Date
Assigned Rights
Assignor
Assignee
Borrower
Business Day
Completion
Consideration
Default Interest Rate
Effective Date
Encumbrance
Event of Default
Facility Agreement
Finance Documents
Governing Law
Interest Period
Legal Requirements
Loan
Original Loan Agreement
Outstanding Amount
Party
Regulatory Authority
Security
Security Documents
Settlement Date
Transaction Documents
Transfer Certificate
UAE
UAE Dirham
Working Day
Assignment
Consideration
Representations and Warranties
Conditions Precedent
Security
Payment Terms
Transfer of Rights
Obligations and Undertakings
Further Assurance
Notices
Default
Remedies
Set-Off
Severability
Amendment
Confidentiality
Assignment and Transfer
Force Majeure
Counterparts
Costs and Expenses
Indemnification
Entire Agreement
Waiver
Compliance
Governing Law
Dispute Resolution
Execution
Banking & Financial Services
Real Estate & Construction
Investment & Private Equity
Commercial Trading
Manufacturing & Industrial
Healthcare
Hospitality & Tourism
Energy & Resources
Technology & Communications
Infrastructure & Transport
Legal
Finance
Treasury
Credit Risk
Compliance
Corporate Finance
Investment
Banking Operations
Portfolio Management
Transaction Management
Legal Counsel
Finance Manager
Chief Financial Officer
Treasury Manager
Investment Manager
Loan Officer
Credit Risk Manager
Compliance Officer
Corporate Finance Director
Portfolio Manager
Debt Restructuring Specialist
Transaction Manager
Banking Operations Manager
Financial Controller
Legal Director
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