Letter Of Guarantee For Loan Template for United Arab Emirates

1. Corporate Authority: Required when guarantor is a corporate entity, including board resolutions and authority confirmations

2. Multiple Guarantors: Additional provisions needed when there is more than one guarantor, specifying joint and several liability

3. Islamic Banking Compliance: Required when the guarantee needs to be Shariah-compliant

4. Counter Indemnity: Optional section where guarantor provides indemnity to the bank

5. Security Details: Required when the guarantee is secured by specific assets or collateral

6. Foreign Law Elements: Required when there are cross-border elements requiring reference to foreign laws

1. Schedule 1 - Loan Details: Detailed breakdown of the loan terms, amounts, and repayment schedule

2. Schedule 2 - Security Documents: List of any related security documents or collateral (if applicable)

3. Schedule 3 - Corporate Authorizations: Copies of relevant board resolutions and corporate approvals (for corporate guarantors)

4. Appendix A - Demand Form: Standard form for making demands under the guarantee

5. Appendix B - Signature Authentication: Bank's signature verification or notarization requirements