Supplier Credit Agreement Template for Saudi Arabia

1. Islamic Structure Override: Additional provisions to ensure Shariah compliance, used when conventional financing concepts need explicit override

2. Tax Provisions: Specific tax-related provisions, included when cross-border elements exist

3. Foreign Currency Provisions: Additional provisions for handling foreign currency transactions, used when multiple currencies are involved

4. Agent Provisions: Required when a payment or security agent is involved in the structure

5. Step-In Rights: Included when supplier requires right to take control of certain assets or contracts upon default

6. Insurance: Detailed insurance requirements, included when specific assets serve as security

7. Regulatory Compliance: Additional compliance provisions for regulated industries or specific sectors

1. Payment Schedule: Detailed breakdown of payment amounts and dates

2. Form of Purchase Order: Standard format for purchase orders under the agreement

3. Form of Promissory Note: Template for promissory notes if required as additional security

4. Security Documents: Forms of any required security documents or guarantees

5. Calculation of Profit Rate: Methodology for calculating Shariah-compliant profit

6. Conditions Precedent Documents: List of required documents and conditions to be satisfied

7. Form of Compliance Certificate: Template for periodic compliance certification

8. Contact Details: List of authorized representatives and contact information