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The Deed of Accession Loan Agreement is a crucial document used in UAE financing transactions when new lenders wish to participate in an existing loan facility. This document type is particularly relevant in syndicated lending scenarios, project financing, or when restructuring existing debt facilities in the UAE. The deed must comply with UAE Federal Law requirements and potentially Islamic finance principles, making it distinct from similar documents in other jurisdictions. It contains detailed provisions about the acceding party's rights and obligations, security arrangements, and necessary authorizations. The document is commonly used in large-scale financing projects where additional lending capacity is required or when lenders need to transfer their interests. Given the UAE's position as a major financial hub, these agreements often involve both local and international financial institutions and must carefully balance UAE legal requirements with international banking practices.

1. Parties: Identification of all parties including the existing lenders, borrower(s), security agent (if any), and the acceding party

2. Background: Recitals explaining the existing facility agreement, reason for accession, and context of the deed

3. Definitions and Interpretation: Key terms used in the deed and their meanings, including reference to definitions in the original facility agreement

4. Accession: Core provisions detailing how the acceding party joins the facility agreement and assumes rights/obligations

5. Representations and Warranties: Confirmations and statements made by the acceding party regarding their capacity and authority

6. Conditions Precedent: Documents and conditions required before the accession becomes effective

7. Covenant to Pay: The acceding party's commitment to pay their portion of the loan and other amounts due

8. Security Confirmation: Confirmation of existing security arrangements and their application to the acceding party

9. Fees and Expenses: Details of any fees payable in connection with the accession

10. Notices: Communication procedures and contact details for all parties

11. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes

12. Execution: Signature blocks and execution formalities compliant with UAE requirements