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Bridge Loan Agreement Template
I need a Bridge Loan Agreement Template for a UAE real estate development project requiring AED 50 million interim financing until March 2025, with multiple lenders and security over the development project.
1. Parties: Identification of the lender and borrower with full legal names and addresses
2. Background: Context of the bridge loan, including purpose and relationship to permanent financing
3. Definitions: Key terms used throughout the agreement, including financial and technical definitions
4. Facility: Details of the loan amount, purpose, and availability period
5. Conditions Precedent: Prerequisites that must be satisfied before the loan can be drawn
6. Drawdown: Procedures and requirements for borrowing the loan amount
7. Interest and Fees: Interest rate, calculation method, payment dates, and applicable fees
8. Repayment: Terms of repayment including maturity date and prepayment provisions
9. Representations and Warranties: Borrower's statements about its legal and financial status
10. Covenants: Ongoing obligations of the borrower during the loan term
11. Events of Default: Circumstances that constitute default and consequences
12. Security: Details of any collateral or guarantees securing the loan
13. Boilerplate Provisions: Standard legal provisions including notices, amendments, and governing law
1. Islamic Finance Provisions: Required if the bridge loan needs to be Sharia-compliant, including profit rate structure instead of interest
2. Syndication: Include if multiple lenders are involved or if syndication rights are reserved
3. Security Trustee Provisions: Required if security is held by a security trustee on behalf of multiple lenders
4. Intercreditor Provisions: Include if there are multiple creditors with different priorities
5. Currency Provisions: Required if the loan involves multiple currencies or currency conversion
6. Tax Provisions: Detailed tax provisions if cross-border elements exist
7. Assignment and Transfer: Include if transfer rights are to be granted to either party
8. Increased Costs: Include if lender needs protection against regulatory changes affecting loan costs
1. Form of Drawdown Request: Standard form for requesting loan disbursements
2. Conditions Precedent Documents: List of required documents and conditions to be satisfied
3. Repayment Schedule: If applicable, detailed schedule of repayment dates and amounts
4. Form of Security Documents: Templates for required security documentation
5. Form of Compliance Certificate: Template for periodic compliance certification
6. Fee Schedule: Detailed breakdown of all applicable fees
7. Permitted Security: List of security interests permitted to exist
8. Form of Transfer Certificate: Template for transferring loan participations if permitted
Authors
Availability Period
Business Day
Closing Date
Commitment
Conditions Precedent
Default
Default Rate
Drawdown Date
Drawdown Notice
Event of Default
Facility
Facility Amount
Finance Documents
Financial Indebtedness
Governing Law
Interest Payment Date
Interest Period
Interest Rate
Lender
Loan
Material Adverse Effect
Maturity Date
Permanent Financing
Permitted Security
Potential Default
Prepayment Amount
Principal Amount
Repayment Date
Security
Security Documents
Security Provider
Secured Obligations
Tax
UAE
UAE Dirham
Unpaid Sum
Facility Terms
Conditions Precedent
Drawdown
Interest and Fees
Repayment
Prepayment
Security
Representations and Warranties
Covenants
Events of Default
Market Disruption
Changes to Parties
Payment Mechanics
Set-off
Notices
Calculations
Amendments and Waivers
Confidentiality
Governing Law
Enforcement
Severability
Assignment
Third Party Rights
Counter-terrorism and Anti-Money Laundering
Force Majeure
Entire Agreement
Further Assurance
Costs and Expenses
Indemnities
Security Registration
Currency
Tax
Financial Information
Compliance with Laws
Banking & Financial Services
Real Estate & Construction
Energy & Resources
Infrastructure
Healthcare
Manufacturing
Technology
Retail & Consumer
Hospitality & Tourism
Transportation & Logistics
Legal
Finance
Treasury
Risk Management
Compliance
Corporate Secretariat
Credit
Banking Operations
Investment Banking
Documentation
Chief Financial Officer
Finance Director
Legal Counsel
Corporate Lawyer
Banking Lawyer
Treasury Manager
Finance Manager
Risk Manager
Compliance Officer
Corporate Secretary
Investment Manager
Credit Manager
Transaction Manager
Documentation Specialist
Senior Banker
Relationship Manager
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