Document background
This Revolving Loan Agreement Template is designed for use in the United Arab Emirates, providing a framework for establishing flexible credit facilities between financial institutions and corporate borrowers. The template is structured to comply with UAE Federal Law No. 5 of 1985 (Civil Code), UAE Federal Law No. 18 of 1993 (Commercial Code), and UAE Central Bank regulations. It includes provisions for multiple drawdowns and repayments, interest calculations in accordance with UAE banking regulations, and appropriate security arrangements. The template can be adapted for both conventional and Islamic finance structures, incorporating necessary provisions for Sharia compliance where required. It is particularly suitable for working capital financing, general corporate purposes, and ongoing business operations where flexibility in borrowing is needed.
