The Treasury Repurchase Agreement serves as a fundamental instrument in UAE financial markets, enabling parties to enter into secured financing arrangements through the sale and repurchase of securities. This document is typically used when financial institutions need to manage short-term liquidity, finance securities positions, or access short-term funding. The agreement incorporates specific requirements under UAE federal laws and Central Bank regulations, including provisions for transfer of securities, margin maintenance, default scenarios, and regulatory compliance. It can be structured to accommodate both conventional and Islamic finance principles, making it versatile for various financial institutions operating in the UAE. The document includes detailed mechanisms for pricing, risk management, and dispute resolution, while ensuring compliance with UAE securities regulations and banking laws.

1. Parties: Identification of the parties entering into the agreement, including their legal status and registration details

2. Background: Context of the agreement and relationship between the parties

3. Definitions: Comprehensive definitions of terms used throughout the agreement, including financial and technical terms specific to repo transactions

4. Purchase and Sale: Core provisions governing the initial sale and agreement to repurchase securities

5. Pricing and Payment Terms: Details of purchase price, repurchase price, pricing calculations, and payment mechanisms

6. Transfer of Securities: Procedures and requirements for transferring securities between parties

7. Margin Maintenance: Requirements for maintaining margin, including margin calls and transfers

8. Income Payments: Treatment of income received on the securities during the repo period

9. Representations and Warranties: Standard and transaction-specific representations and warranties from both parties

10. Events of Default: Definition of events of default and consequences

11. Remedies: Rights and remedies available to parties upon default or breach

12. Tax Provisions: Treatment of taxes and responsibilities of parties regarding tax obligations

13. Term and Termination: Duration of agreement and termination rights

14. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes

15. Notices: Process and requirements for formal communications between parties

16. General Provisions: Standard boilerplate provisions including amendments, assignments, and severability