The Debt Repayment Agreement is a crucial document used in the United Arab Emirates when parties need to formalize arrangements for settling outstanding debts. This document is particularly relevant in situations where an existing debt needs to be restructured, consolidated, or when formal payment terms need to be established. The agreement must comply with UAE Federal Law No. 5 of 1985 (Civil Code) and other relevant legislation, including Islamic finance principles where applicable. The document typically includes detailed payment schedules, interest provisions (if Sharia-compliant), default consequences, and enforcement mechanisms recognized by UAE courts. It's commonly used in both commercial and personal contexts, providing legal protection for both creditors and debtors while ensuring clarity in repayment obligations.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the creditor and debtor with full legal names, addresses, and any registration details for corporate entities
2. Background: Description of the original debt, its origin, and circumstances leading to this repayment agreement
3. Definitions: Key terms used throughout the agreement including 'Debt Amount', 'Repayment Schedule', 'Default', etc.
4. Acknowledgment of Debt: Formal acknowledgment of the debt amount and its validity by the debtor
5. Repayment Terms: Detailed description of payment amounts, frequency, and method of payment
6. Interest and Charges: Specification of any applicable interest rates or administrative charges, ensuring Sharia compliance if required
7. Payment Method: Specified means of payment and banking details for transfers
8. Default Provisions: Consequences of missing payments and definition of what constitutes a default
9. Representations and Warranties: Statements by both parties regarding their capacity and authority to enter into the agreement
10. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction of UAE courts
11. Notices: Process for formal communications between parties
12. Execution: Signature blocks and execution requirements
1. Security: Details of any collateral or security provided for the debt - include when there is security for the debt
2. Guarantor Provisions: Terms relating to any guarantors of the debt - include when there are third-party guarantors
3. Early Repayment: Terms for early repayment options - include when early repayment is permitted
4. Insurance Requirements: Any required insurance coverage - include when specific insurance is required to secure the debt
5. Sharia Compliance Declaration: Statement of Sharia compliance - include when the agreement needs to be Sharia-compliant
6. Force Majeure: Provisions for unforeseen circumstances affecting repayment - include for longer-term repayment plans
7. Debt Restructuring Options: Provisions for potential future restructuring - include when flexibility might be needed for long-term debts
1. Schedule 1 - Repayment Schedule: Detailed payment schedule showing dates, amounts, and running balance
2. Schedule 2 - Original Debt Documentation: Copies or details of the original debt agreements or instruments
3. Schedule 3 - Security Details: Details of any security or collateral if applicable
4. Appendix A - Payment Instructions: Detailed banking and payment processing instructions
5. Appendix B - Contact Details: Complete contact information for all relevant parties and representatives
Relevant legal definitions
Clauses
Relevant Industries
Banking & Financial Services
Legal Services
Real Estate
Construction
Retail
Manufacturing
Professional Services
Healthcare
Education
Hospitality
Trading & Distribution
Small & Medium Enterprises
Relevant Teams
Legal
Finance
Treasury
Credit Control
Collections
Risk Management
Compliance
Corporate Secretarial
Business Development
Islamic Banking
Accounts Receivable
Relevant Roles
Chief Financial Officer
Finance Manager
Credit Controller
Collections Manager
Legal Counsel
Corporate Lawyer
Debt Recovery Officer
Financial Controller
Treasury Manager
Risk Manager
Compliance Officer
Account Manager
Business Development Manager
Financial Advisor
Islamic Finance Specialist
Find the exact document you need
Rental Agreement Payment Terms
UAE-compliant rental agreement payment terms document specifying rent payment conditions, methods, and obligations under UAE Federal and Emirates law.
find out more
Payment Agreement For Services Rendered
A UAE-governed agreement that formalizes payment terms and obligations for previously rendered services, ensuring compliance with UAE Federal Laws.
find out more
Lease Agreement Payment Terms
UAE-compliant lease agreement payment terms document detailing rent payment conditions and financial obligations under UAE federal and emirate-specific laws.
find out more
Instalment Purchase Agreement
UAE-governed agreement for the purchase of goods through structured installment payments, compliant with UAE Federal Laws and regulatory requirements.
find out more
Fee Payment Agreement
UAE-governed agreement establishing terms and conditions for structured payment obligations between parties, ensuring compliance with UAE Federal Laws.
find out more
Collection Payment Agreement Letter
A UAE-governed formal document establishing payment terms and schedules between creditor and debtor for settling outstanding debts.
find out more
Car Damage Payment Agreement
A UAE-governed agreement that establishes payment terms and conditions for vehicle damage settlement between involved parties, compliant with UAE Federal Traffic Law.
find out more
Agreement Letter For Payment Of Land
UAE-governed agreement letter specifying terms and conditions for land payment and transfer between parties.
find out more
Agreement For Advance Payment For Purchase Of Land
UAE-governed agreement establishing terms for advance payments in land purchase transactions, ensuring compliance with local property laws and protecting parties' interests.
find out more
Agreement For Advance Payment For Purchase Of Flat
A UAE-compliant agreement governing advance payments and terms for flat purchases, ensuring buyer protection and clear transaction structure.
find out more
Advance Payment Agreement Letter
A UAE-governed formal letter establishing terms and conditions for advance payments, including security arrangements and recovery terms in compliance with UAE law.
find out more
Accident Payment Agreement
A UAE law-governed agreement establishing compensation terms and payment arrangements between parties following an accident, including settlement details and release of claims.
find out more
Money Owed Contract Agreement
A UAE law-compliant agreement documenting debt obligations between parties, incorporating local legal requirements and Sharia principles.
find out more
Employee Repayment Agreement
UAE-governed agreement establishing terms for employee repayment of employer-provided benefits, training, or development costs, aligned with UAE Labor Law.
find out more
Payment Takeover Contract
A UAE-governed agreement where one party assumes the payment obligations of another party towards a creditor, subject to UAE Federal Laws and Central Bank regulations.
find out more
Settlement Agreement Payment
A UAE law-governed agreement that formalizes settlement payments between parties, incorporating local legal requirements and Sharia-compliant payment terms.
find out more
Letter Of Agreement For Payment Of Lot
A UAE-governed agreement establishing terms and conditions for lot payment and transfer between property seller and buyer.
find out more
Pay Back Agreement
UAE-governed agreement establishing terms for repayment of advanced funds, benefits, or costs, compliant with UAE Civil and Labor Laws.
find out more
Promise To Pay Loan Agreement
A UAE-governed agreement documenting a borrower's formal commitment to repay a loan under specified terms, in compliance with UAE Federal Laws and regulations.
find out more
Freelance Payment Contract
UAE-compliant contract template for establishing payment terms and conditions between clients and freelancers, aligned with UAE Federal Law and free zone regulations.
find out more
Rental Agreement Advance Payment
UAE-governed rental agreement specifying terms and conditions for advance rental payments, including payment schedules and obligations under UAE federal and emirate-specific laws.
find out more
Personal Loan Repayment Agreement
UAE-governed agreement outlining terms and conditions for personal loan repayment between a financial institution and individual borrower, compliant with UAE banking regulations and civil law.
find out more
Payment Schedule Agreement
UAE-governed agreement establishing structured payment terms and schedules between parties, including payment amounts, timelines, and enforcement mechanisms.
find out more
Pay Off Agreement
A UAE law-governed agreement that formalizes debt settlement terms between creditor and debtor, including payment arrangements and release conditions.
find out more
Partial Payment Agreement For House And Lot
UAE-governed agreement for the purchase of house and lot through installment payments, outlining payment terms and transfer conditions.
find out more
Lot Payment Agreement
UAE-governed agreement establishing terms for lot purchase and payment schedule, compliant with UAE Federal and local property laws.
find out more
Install Agreement
UAE-governed agreement setting out terms and conditions for equipment or system installation, including technical specifications, responsibilities, and compliance requirements.
find out more
Down Payment Contract
UAE-governed contract establishing terms and conditions for down payments, including payment terms, refund conditions, and parties' rights and obligations.
find out more
Delayed Payment Agreement
UAE law-governed agreement establishing structured payment terms for existing debt, including payment schedule, security arrangements, and default provisions.
find out more
Advance Payment Contract
UAE-governed contract establishing terms for advance payments, including security arrangements and recovery mechanisms, compliant with UAE legal and regulatory requirements.
find out more
Advance Payment Agreement
A UAE-law governed agreement establishing terms and conditions for advance payments, including security arrangements and repayment terms, typically used in commercial and project contexts.
find out more
Third Party Payment Contract
UAE-governed agreement establishing third-party payment arrangements and obligations, compliant with UAE Federal Law and banking regulations.
find out more
Sale Payment Agreement
A UAE-governed agreement establishing payment terms and conditions for sale transactions, ensuring compliance with UAE commercial laws.
find out more
Royalty Contract
UAE-governed agreement establishing terms for intellectual property licensing and royalty payments, compliant with UAE federal laws.
find out more
Rental Payment Agreement Letter
A UAE-compliant formal letter documenting rental payment terms and conditions between landlord and tenant, governed by UAE Federal and emirate-specific rental laws.
find out more
Promise To Pay Agreement Letter
A legally binding document under UAE law where a debtor formally commits to paying a specified debt amount according to agreed terms and conditions.
find out more
Prepayment Agreement
UAE-governed agreement setting out terms for advance payment arrangements, including security provisions and performance obligations.
find out more
Payment Release Agreement
A UAE-governed agreement that documents the terms of payment settlement and release of financial obligations between parties, ensuring compliance with UAE laws.
find out more
Partial Payment Contract
UAE-governed agreement establishing terms for structured partial payments, including payment schedules, conditions, and compliance with UAE law and Sharia principles.
find out more
Part Payment Sale Agreement
UAE-governed agreement structuring asset or goods sales through scheduled partial payments, with provisions for payment terms, ownership transfer, and security arrangements.
find out more
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)