Document background
The Fee Letter Syndicated Loan is an essential document used alongside syndicated loan facility agreements in the UAE to document the commercial agreement on fees between the borrower and various finance parties. This document type is typically used in large financing transactions where multiple lenders are involved and various fees need to be paid to different parties. The letter sets out detailed provisions for all fees payable, including arrangement fees, commitment fees, agency fees, and any other transaction-specific fees. Subject to UAE law and Central Bank regulations, it maintains confidentiality of sensitive commercial terms while providing clear payment obligations and mechanics. The document is particularly important in the UAE context where banking fees must comply with specific regulatory requirements and maximum limits set by the Central Bank.
