This document is a loan agreement that highlights the terms and conditions of a loan between one company and another. These two companies are belonging to the same group of companies. It refers to the amount advanced between related companies, which can be for different purposes.
This transaction is interest free which is a big advantage for the borrower. This document contains the following sections: 1. Definitions 2. The Facility 3. Utilization of the Facility 4. Repayment 5. Miscellaneous 6. Counterparts 7. Governing Law and Jurisdiction 8. Language |
Jurisdiction |
This letter is intended for use in the United Arab Emirates. |
Before Execution |
- The information on this front page or contained in the headers and footers of this instrument is for guidance purposes only. - Please delete this front page together with the information contained in the headers, footers and endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information that will need to be incorporated prior to signature. - Please remove the square brackets and all highlighting prior to signature. |
Disclaimer
This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.