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1. Parties: Identification of all parties to the agreement, including their full legal names, addresses, and registration details if companies
2. Background: Context of the dispute, summary of key events, and purpose of the interim settlement
3. Definitions: Definitions of key terms used throughout the agreement
4. Interim Arrangements: Detailed description of the temporary arrangements agreed between the parties
5. Duration: Specific timeframe for the interim settlement and conditions for extension or termination
6. Payment Terms: Details of any interim payments, payment schedule, and payment mechanisms
7. Obligations of the Parties: Specific responsibilities and commitments of each party during the interim period
8. Preservation of Rights: Clear statement that this is an interim arrangement and does not prejudice final settlement rights
9. Confidentiality: Obligations regarding confidentiality of the settlement terms and related information
10. Governing Law and Jurisdiction: Confirmation of UAE law as governing law and specification of relevant courts
1. Security Arrangements: Details of any security or guarantees required during the interim period - include if there are specific assets or obligations to be secured
2. Third Party Rights: Provisions regarding the rights of any third parties affected by the interim settlement - include if third parties are involved
3. Insurance Requirements: Specific insurance obligations during the interim period - include if relevant to the subject matter
4. Force Majeure: Provisions for unforeseen circumstances affecting the interim arrangements - include for longer interim periods
5. Assignment: Restrictions on transfer of rights under the agreement - include if there's risk of assignment
6. Costs and Expenses: Allocation of costs related to the interim settlement - include if significant costs are involved
1. Schedule 1 - Payment Schedule: Detailed breakdown of payment amounts, dates, and methods
2. Schedule 2 - Interim Operating Procedures: Specific procedures to be followed during the interim period
3. Schedule 3 - Security Documents: Forms of any security documents required
4. Schedule 4 - Relevant Correspondence: Key correspondence or documents referenced in the agreement
5. Schedule 5 - Power of Attorney: Any power of attorney required for implementation of the interim arrangements
6. Appendix A - Original Dispute Documents: Summary or copies of key documents relating to the underlying dispute
Applicable Law
Business Day
Claim
Commencement Date
Confidential Information
Dispute
Effective Date
Encumbrance
Final Settlement
Interim Period
Interim Payment
Liability
Original Contract
Party
Payment Schedule
Preserved Rights
Related Party
Security
Settlement Sum
Termination Date
UAE
UAE Dirham
Underlying Dispute
Definitions
Duration
Interim Obligations
Payment Terms
Preservation of Rights
Security
Confidentiality
Non-Admission
Further Assurance
Representations and Warranties
Force Majeure
Assignment
Notices
Severability
Waiver
Entire Agreement
Amendment
Costs
Counterparts
Third Party Rights
Dispute Resolution
Governing Law
Jurisdiction
Language
Execution
Construction
Real Estate
Banking and Finance
Trading
Manufacturing
Technology
Oil and Gas
Retail
Healthcare
Transportation and Logistics
Hospitality
Professional Services
Legal
Finance
Operations
Commercial
Risk and Compliance
Business Development
Executive Leadership
Project Management
Corporate Affairs
Treasury
Chief Executive Officer
Managing Director
Legal Counsel
Chief Legal Officer
Contract Manager
Commercial Director
Chief Financial Officer
Operations Director
Project Manager
Risk Manager
Compliance Officer
Business Development Manager
General Manager
Settlement Officer
Dispute Resolution Specialist
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