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TRANSFER AND ASSIGNMENT OF LOAN AGREEMENT

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TRANSFER AND ASSIGNMENT OF LOAN AGREEMENT

Basic Info

  • Applicable Region UAE
  • Available Languages
    English
    English & Arabic
  • Document No 0000306
  • Version V 1.0
  • Last Updated 07-06-2023
  • Reviews 0
Document Summary

This document sets headlines for the transfer and assignment of a loan agreement where three parties are involved , the Transferor transfers and assigns its rights, obligations, interest, title, and benefits of the Loan Deed to the Transferee and the Transferee accept it.The Obligor acknowledges and accepts the Transfer and Assignment set out in this Agreement.

Description

In addition to its preamble, this document contains the following sections:

1)     Transfer And Assignment

2)     Due Diligence

3)     Limitation Of Responsibility of The Transferor

4)     Effect Of the Transfer and Assignment

5)     Warranties From the Obligor

6)     Amendments And Waivers

7)     Counterparts

8)     Governing Law and Jurisdictionn

9)     Language

Jurisdiction

This template is intended for use in the United Arab Emirates.

Before Execution

- The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.

- Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.

- Please remove the square brackets and all highlighting prior to signature.