Collateral Release Letter Template for United Arab Emirates

1. Partial Release Provisions: Required when only part of the collateral is being released while maintaining security over other assets

2. Conditional Release Language: Used when the release is subject to specific conditions being met

3. Further Assurance: Optional clause committing to execute any additional documents needed to effect the release

4. Acknowledgment Section: Space for counterparty to acknowledge and accept the release terms, used when confirmation of receipt is required

5. Translation Statement: Required when the letter needs to be bilingual Arabic/English for UAE authorities

1. Schedule 1 - Released Collateral: Detailed description of the specific collateral being released, including any registration numbers or unique identifiers

2. Schedule 2 - Original Security Documents: List of all security documents being cancelled or returned

3. Schedule 3 - Related Facility Details: Details of the related facility or loan agreement that the security was supporting

4. Appendix A - Evidence of Authority: Copies of powers of attorney or board resolutions evidencing authority to release the security

5. Appendix B - Registration Documents: Copies of any security registration documents that need to be cancelled or amended