All Countries
Banking
Fixed Sum Loan Agreement

Fixed Sum Loan Agreement Template for United Arab Emirates

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Fixed Sum Loan Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Fixed Sum Loan Agreement

I need a Fixed Sum Loan Agreement under UAE law for a AED 5 million business loan from Emirates NBD to my manufacturing company, with quarterly repayments over 3 years starting March 2025, including security over company equipment.

Celebrated by
Collaborations with
Investors
Document background
The Fixed Sum Loan Agreement is a crucial financial instrument used in the United Arab Emirates for both commercial and personal lending. It is designed to comply with UAE Federal Law No. 5 of 1985 (Civil Code), UAE Federal Law No. 14 of 2018 (Central Bank Law), and other relevant banking regulations. The agreement is typically used when a lender provides a specific sum of money to a borrower, with predetermined interest rates and repayment terms. It includes essential provisions for loan disbursement, security arrangements, events of default, and enforcement mechanisms. The document can be structured to accommodate both conventional banking and Islamic finance principles, making it versatile for various financing needs while ensuring compliance with UAE legal requirements and Central Bank guidelines.
Suggested Sections

1. Parties: Identifies and defines the Lender and Borrower with full legal names and details

2. Background: Sets out the context of the loan agreement and the parties' intentions

3. Definitions and Interpretation: Defines key terms used throughout the agreement and interpretation rules

4. The Loan: Specifies the loan amount, purpose, and conditions precedent to drawdown

5. Interest: Details the interest rate, calculation method, and payment periods

6. Repayment: Specifies repayment schedule, method, and prepayment terms

7. Representations and Warranties: Standard representations made by the Borrower about their legal and financial status

8. Borrower Covenants: Positive and negative obligations of the Borrower during the loan term

9. Events of Default: Lists circumstances that constitute default and consequences

10. Payments: Details payment mechanics, currency, and business day conventions

11. Notices: Specifies how formal communications between parties should be made

12. Assignment and Transfer: Rules regarding transfer of rights and obligations under the agreement

13. Governing Law and Jurisdiction: Specifies UAE law as governing law and jurisdiction for disputes

Optional Sections

1. Security: Required if the loan is secured - details the security arrangement and enforcement

2. Guarantee: Required if there is a guarantor for the loan

3. Islamic Finance Provisions: Required if the loan needs to be Sharia-compliant

4. Tax Provisions: Required if there are specific tax implications to be addressed

5. Insurance: Required if specific insurance coverage is mandatory for the loan

6. Change of Control: Required if the loan agreement needs to address ownership changes in the Borrower

7. Costs and Expenses: Optional section detailing who bears various costs related to the loan

8. Entire Agreement: Optional boilerplate section about agreement superseding prior discussions

Suggested Schedules

1. Schedule 1 - Loan Details: Contains specific loan terms including amount, interest rate, and repayment schedule

2. Schedule 2 - Conditions Precedent: Lists all documents and conditions required before loan drawdown

3. Schedule 3 - Repayment Schedule: Detailed amortization schedule showing payment dates and amounts

4. Schedule 4 - Form of Drawdown Notice: Template for the Borrower to request loan disbursement

5. Schedule 5 - Security Documents: List and copies of security documents if loan is secured

6. Appendix A - Fees and Charges: Detailed breakdown of all applicable fees and charges

7. Appendix B - Contact Details: Complete contact information for all parties and authorized representatives

8. Appendix C - Form of Compliance Certificate: Template for periodic compliance reporting by Borrower

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Applicable Law
Authorized Representative
Business Day
Central Bank
Conditions Precedent
Default Interest
Default Notice
Disbursement Date
Drawing
Due Date
Early Repayment
Effective Date
Event of Default
Facility
Final Repayment Date
Financial Indebtedness
Financial Statements
Governing Law
Interest Period
Interest Rate
Legal Proceedings
Lender
Loan
Loan Amount
Material Adverse Effect
Notice
Outstanding Amount
Payment Date
Permitted Security
Principal
Receiver
Repayment Date
Repayment Schedule
Security
Security Document
Security Interest
Specified Currency
Tax
Term
UAE
UAE Dirham
Relevant Industries

Banking & Financial Services

Real Estate

Construction

Manufacturing

Retail

Healthcare

Education

Hospitality

Technology

Transportation & Logistics

Energy & Utilities

Professional Services

Relevant Teams

Legal

Finance

Compliance

Risk Management

Treasury

Corporate Banking

Credit Analysis

Operations

Documentation

Business Development

Account Management

Relevant Roles

Chief Financial Officer

Finance Manager

Legal Counsel

Compliance Officer

Credit Risk Manager

Banking Relationship Manager

Treasury Manager

Corporate Finance Director

Financial Controller

Loan Officer

Legal Director

Company Secretary

Risk Management Officer

Business Development Manager

Account Manager

Industries
UAE Federal Law No. 5 of 1985 (Civil Code): Governs civil transactions including loan agreements, providing basic principles for contracts, obligations, and rights of parties
UAE Federal Law No. 18 of 1993 (Commercial Code): Relevant if the loan is for commercial purposes, governing commercial transactions and business relationships
UAE Federal Law No. 14 of 2018 (Central Bank Law): Regulates financial institutions and banking activities, including lending practices and interest rates
UAE Federal Law No. 11 of 2018 (Electronic Commerce): Relevant if the loan agreement is to be executed electronically or if electronic payments are involved
Federal Decree Law No. 32 of 2021 (Commercial Companies Law): Important if either party is a company, affecting their capacity to enter into loan agreements
UAE Central Bank Circular No. 28/2000: Provides guidelines on interest rates and banking fees applicable to loan agreements
UAE Federal Law No. 4 of 2000 (Capital Markets Law): Relevant if the loan involves any securities or is convertible into shares
Federal Law No. 20 of 2016 (Pledge of Movable Properties): Important if the loan agreement includes any movable assets as security
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Salary Loan Agreement

UAE-governed agreement establishing terms for a salary-backed personal loan between a financial institution and employed individual, including salary assignment provisions.

find out more

Project Finance Loan Agreement

find out more

OverAgreement

UAE-governed agreement establishing terms for bank overdraft facilities, including limits, rates, and security arrangements under UAE banking regulations.

find out more

Non Recourse Loan Agreement

find out more

Mezzanine Loan Agreement

find out more

Loan Participation Agreement

find out more

Loan Note Register

UAE-compliant template for maintaining a structured register of loan notes, ensuring proper documentation and regulatory compliance under UAE federal laws.

find out more

Loan Facility Agreement

find out more

Loan Consent Form

A UAE-compliant document capturing formal consent and acknowledgment from parties involved in a lending transaction, adhering to UAE Federal Laws and Banking regulations.

find out more

Litigation Financing Agreement

UAE law-governed agreement establishing terms for third-party funding of litigation, including funding commitments, success fees, and control mechanisms.

find out more

Inter Corporate Loan Agreement

UAE-governed agreement establishing terms for corporate-to-corporate lending, including loan facility, security, and enforcement provisions under UAE law.

find out more

House Loan Contract

UAE-governed agreement between a financial institution and borrower for property financing, detailing loan terms and mortgage security arrangements.

find out more

Hand Loan Agreement

A UAE-compliant agreement documenting a personal loan between parties, outlining loan terms and repayment conditions in accordance with UAE Civil Code and Sharia principles.

find out more

Flexi Finance Loan Agreement

UAE-governed flexible loan facility agreement allowing variable drawdowns subject to a maximum limit, compliant with UAE banking and finance laws.

find out more

Facility Letter Mortgage

A UAE-compliant document combining a credit facility offer with mortgage security arrangements, outlining financing terms and property security details under UAE Federal and Emirates laws.

find out more

Employee Forgivable Loan Agreement

find out more

Employee Equipment Loan Agreement

find out more

Employee Cash Advance Agreement

find out more

Domestic Helper Loan Agreement

find out more

Device Loan Agreement

find out more

Debt To Equity Conversion Agreement

find out more

Credit Terms Agreement

UAE-compliant credit terms agreement template establishing terms and conditions for credit facilities between financial institutions and borrowers.

find out more

Borrowing Form

find out more

Assignment Of Loan Agreement

A UAE law-governed agreement transferring rights and obligations under an existing loan from one lender to another, compliant with UAE Civil Code and banking regulations.

find out more

Assignment Of Debt Agreement

find out more

Agreement Between Two Persons For Money

UAE-governed agreement formalizing monetary arrangements between two individuals, compliant with UAE Civil Code and Sharia principles.

find out more

Title Loan Agreement

find out more

Money Lending Form

UAE-compliant lending agreement template suitable for both conventional and Islamic financing arrangements, incorporating local regulatory requirements and banking practices.

find out more

Subordinated Loan Agreement

UAE law-governed template for subordinated loan arrangements, establishing terms and conditions for subordinated debt financing in compliance with UAE regulations.

find out more

Forgivable Loan Agreement

find out more

Loan Agreement With Guarantor

find out more

Payday Loan Contract

find out more

Simple Loan Application Form

find out more

Loan Guarantor Agreement

find out more

Employee Laptop Agreement

UAE-governed agreement establishing terms for company laptop provision to employees, including usage policies and security requirements.

find out more

Debt Purchase Agreement

find out more

Personal Loan Receipt

find out more

Simple Convertible Loan Agreement

UAE law-governed convertible loan agreement template for company financing with loan-to-equity conversion options.

find out more

Work Loan Agreement

A UAE-governed agreement establishing terms for an employer-provided loan to an employee, including repayment terms and obligations under UAE Federal Laws.

find out more

Board Resolution To Borrow

find out more

Real Estate Loan Agreement

find out more

Peer To Peer Lending Contract

UAE-governed peer-to-peer lending agreement establishing terms between lender and borrower, compliant with UAE banking and financial regulations.

find out more

Business Loan Agreement

find out more

Promise Note

UAE-compliant Promise Note Template containing an unconditional promise to pay a specified sum, adhering to UAE Commercial Transactions Law requirements.

find out more

Lending Agreement

find out more

Revolving Loan Agreement

find out more

Loan Purchase Agreement

find out more

Letter To Borrow Money From Friend

A UAE law-compliant letter documenting the terms of a personal loan between friends, incorporating both civil law requirements and Islamic finance principles.

find out more

Debt Agreement Contract

UAE-governed agreement establishing debt obligations between parties, detailing loan terms, security arrangements, and compliance with UAE banking and civil laws.

find out more

Interest Loan Agreement

UAE-compliant Interest Free Loan Agreement template incorporating both civil law requirements and Sharia principles for documenting interest-free lending transactions.

find out more

Loan Repayment Letter

A UAE-compliant template for formally documenting loan repayment terms and commitments, adhering to local banking laws and Islamic finance principles.

find out more

Private Lending Term Sheet

find out more

Loan Contract

find out more

Facility Agreement

find out more

Loan Subordination Agreement

find out more

Money Agreement Between Two Parties

find out more

Promissory Note Family Loan

find out more

Convertible Loan Agreement

find out more

Debt Repayment Contract

find out more

Commercial Loan Broker Agreement

find out more

Mortgage Purchase Agreement

find out more

Mortgage Assumption Agreement

find out more

Personal Loan Between Friends Contract

UAE-compliant template for personal loans between friends, incorporating local legal requirements and Islamic finance principles.

find out more

Secured Loan Agreement

find out more

Commercial Loan Agreement

find out more

Investment Loan Contract

find out more

Bridge Loan Agreement

find out more

Line Of Credit Agreement

find out more

Debt Settlement Agreement

find out more

Contract For Land Purchase

UAE-governed agreement for the legal transfer of land ownership between parties, compliant with local property laws and regulations.

find out more

Intercompany Loan Agreement

find out more

Interest Only Loan Agreement

find out more

Shareholder Loan Agreement

find out more

Contract For Repayment Of Money

A UAE-governed agreement establishing terms and conditions for debt repayment, including payment schedule, interest, and security arrangements in compliance with UAE law.

find out more

Car Payment Agreement

find out more

Auto Loan Agreement

find out more

Lawyer Fee For Loan Agreement

UAE-governed agreement setting out terms and fees for legal services related to loan agreements, compliant with UAE Federal Laws and local regulations.

find out more

IT Equipment Loan Form

UAE-compliant legal document for formalizing temporary IT equipment loans between organizations and borrowers, establishing terms, conditions, and responsibilities.

find out more

Deed Of Sale With Assumption Of Mortgage Motorcycle

A UAE-governed legal document facilitating the simultaneous transfer of motorcycle ownership and assumption of existing mortgage obligations between parties.

find out more

Deed Of Assumption Of Mortgage Car

A UAE-governed deed that transfers vehicle mortgage obligations from an existing borrower to a new borrower, with lender consent and in compliance with UAE banking and traffic laws.

find out more

Deed Of Assignment Of Loan

find out more

Bank Loan Contract

UAE-governed loan agreement between a bank and borrower, detailing facility terms, security arrangements, and obligations under UAE banking laws.

find out more

Investment Loan Agreement

find out more

General Loan Agreement

A UAE law-governed agreement establishing terms and conditions for a loan between lender and borrower, including loan amount, interest, repayment terms, and security arrangements.

find out more

Directors Loan Agreement

find out more

Loan Agreement Between Two Parties

UAE-compliant loan agreement template establishing terms and conditions for lending between two parties, suitable for both conventional and Islamic financing structures.

find out more

Simple Equipment Borrowing Agreement

UAE-governed agreement establishing terms for temporary equipment borrowing, including usage conditions and party responsibilities.

find out more

Memorandum Of Loan Agreement

A UAE law-governed agreement documenting loan terms, conditions, and obligations between lender and borrower, compliant with UAE banking and financial regulations.

find out more

Inter Corporate Deposit Agreement

UAE-governed agreement for inter-corporate deposits, establishing terms for deposit placement, interest, and regulatory compliance under UAE law.

find out more

Fixed Sum Loan Agreement

UAE-governed agreement setting out terms for a fixed sum loan, including amount, interest, repayment terms, and security arrangements in compliance with UAE law.

find out more

Deed Of Assignment Loan Agreement

A UAE law-governed deed that formally documents the transfer of rights and obligations under a loan agreement from an original lender to a new lender.

find out more

Deed Of Accession Loan Agreement

A UAE-law governed deed allowing a new lender to join an existing loan facility agreement, setting out their rights and obligations.

find out more

Collateral In Loan Agreement

UAE law-governed agreement establishing security interests over assets as collateral for a loan facility, detailing creation, perfection, and enforcement rights.

find out more

Securities Lending Agreement

UAE-governed agreement establishing terms for securities lending transactions between financial institutions, compliant with SCA and Central Bank regulations.

find out more

Real Estate Mortgage Agreement

UAE-governed agreement creating a security interest over real estate property as collateral for a loan or financial facility, compliant with UAE federal and emirate-specific laws.

find out more

Mortgage Agreement

UAE-governed agreement creating a security interest over real property in favor of a lender, compliant with UAE federal and emirate-level regulations.

find out more

Loan Surety Agreement

UAE-governed agreement where a surety guarantees a borrower's loan obligations to a lender, structured under UAE Civil and Commercial Laws.

find out more

Finance Agreement

UAE law-governed agreement establishing terms and conditions for financing arrangements, incorporating UAE Federal Laws and optional Sharia-compliant structures.

find out more

Formal Letter For Borrowing Money

A UAE-compliant formal letter requesting a loan, structured according to local legal requirements and financial regulations.

find out more

Credit Agreement Contract

A UAE law-governed agreement establishing terms for credit facilities between lender and borrower, compliant with UAE Federal Laws and banking regulations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.