This Irrevocable Agreement template is designed for use in the United Arab Emirates when parties need to establish binding commitments that cannot be unilaterally revoked or terminated. The document is particularly relevant for long-term commercial arrangements, financial commitments, real estate transactions, and strategic partnerships where permanence and stability are essential. It incorporates all necessary elements required under UAE law, including compliance with the UAE Civil Code, Commercial Transactions Law, and where applicable, Sharia principles. The agreement provides comprehensive coverage of parties' rights and obligations, enforcement mechanisms, and dispute resolution procedures, while ensuring that the irrevocable nature of the commitments is clearly established and legally enforceable within the UAE jurisdiction. This template should be used when parties intend to create binding obligations that will persist for an extended or indefinite period, with no possibility of unilateral termination except under specifically defined extraordinary circumstances.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Key Requirements PROMPT example:
Irrevocable Agreement
"I need an Irrevocable Agreement for a joint venture between my UAE-based manufacturing company and a German industrial partner, to be effective from March 1, 2025, establishing permanent exclusive distribution rights in the MENA region."
1. Parties: Detailed identification of all parties to the agreement, including full legal names, addresses, and registration details if companies
2. Background: Recitals explaining the context and purpose of the agreement, and the intention for it to be irrevocable
3. Definitions and Interpretation: Definitions of key terms and interpretation rules, including specific UAE law concepts where relevant
4. Scope and Purpose: Clear statement of the agreement's scope and the irrevocable obligations being undertaken
5. Irrevocability Provisions: Explicit provisions establishing the irrevocable nature of the agreement and the legal basis under UAE law
6. Obligations of the Parties: Detailed description of each party's obligations and responsibilities
7. Representations and Warranties: Statements of fact and assurances given by each party
8. Duration: Terms regarding the duration of the agreement, emphasizing its perpetual or long-term nature
9. Payment Terms: Financial obligations and payment mechanisms, if applicable
10. Confidentiality: Provisions regarding the protection of confidential information
11. Force Majeure: Circumstances that may affect performance, adapted to UAE law requirements
12. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction details
13. Dispute Resolution: Detailed dispute resolution procedures, including reference to UAE courts or arbitration
14. Notices: Process for formal communications between parties
15. Entire Agreement: Confirmation that the document represents the entire agreement between the parties
1. Compliance with Sharia Law: Section confirming compliance with Islamic principles, required if the agreement needs explicit Sharia compliance
2. Assignment: Provisions regarding the transfer of rights, included if assignment needs to be addressed
3. Insurance: Insurance requirements and obligations, if relevant to the subject matter
4. Intellectual Property: IP rights and protections, if the agreement involves IP
5. Employment Matters: Employment-related provisions if the agreement affects employment relationships
6. Data Protection: Data handling and privacy provisions if personal data is involved
7. Bank Guarantees: Details of any required bank guarantees or security, common in UAE commercial agreements
8. Step-in Rights: Rights of intervention by third parties, if applicable to the arrangement
1. Schedule 1 - Detailed Scope of Services/Obligations: Detailed description of services or obligations that are the subject of the irrevocable commitment
2. Schedule 2 - Fee Schedule: Detailed breakdown of any fees, payments, or financial arrangements
3. Schedule 3 - Key Personnel: List of key individuals involved in fulfilling the agreement's obligations
4. Schedule 4 - Technical Specifications: Technical requirements or specifications relevant to the agreement
5. Schedule 5 - Form of Notices: Template forms for formal notices under the agreement
6. Schedule 6 - Required Documents: List of documents required for compliance with UAE law
7. Appendix A - Power of Attorney: Required authorizations and powers of attorney, particularly important under UAE law
8. Appendix B - Corporate Approvals: Copies of corporate approvals and authorizations required under UAE law
Authors
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Real Estate
Banking
Construction
Investment
Energy
Infrastructure
Manufacturing
Trading
Professional Services
Government and Public Sector
Relevant Teams
Legal
Corporate Affairs
Compliance
Risk Management
Finance
Business Development
Commercial Operations
Investment
Real Estate
Corporate Governance
Executive Leadership
Relevant Roles
Chief Executive Officer
Managing Director
Chief Legal Officer
Legal Counsel
Contract Manager
Business Development Director
Chief Financial Officer
Investment Manager
Real Estate Director
Commercial Director
Risk Manager
Compliance Officer
Company Secretary
Board Member
General Manager
Find the exact document you need
Lifetime Occupancy Agreement
UAE-governed agreement granting lifetime occupancy rights to a property, defining terms, conditions, and obligations for all parties involved.
find out more
Revocable Living Trust Agreement
A UAE-governed legal document establishing a modifiable trust for asset management and succession planning, compliant with UAE federal laws and regulations.
find out more
Real Estate Trust Agreement
A UAE-governed agreement establishing a trust arrangement for real estate assets, defining property management terms and beneficiary rights under UAE law.
find out more
Trust Operating Agreement
UAE-governed agreement establishing operational framework for trust administration in DIFC/ADGM financial free zones.
find out more
Private Trust Agreement
A UAE law-governed agreement establishing a private trust arrangement under Federal Decree-Law No. 19 of 2020, detailing asset transfer and management terms.
find out more
Blind Trust Agreement
A UAE-compliant agreement establishing a blind trust arrangement where an independent trustee manages assets with complete separation from the settlor to avoid conflicts of interest.
find out more
Living Trust Agreement
A UAE-compliant legal document establishing a living trust structure for asset management and succession planning, operating under UAE civil law and applicable DIFC/ADGM regulations.
find out more
Deed Of Trust Agreement
A UAE law-governed trust agreement (primarily DIFC/ADGM) establishing asset management arrangements between settlor, trustee, and beneficiaries.
find out more
Land Trust Agreement
A UAE-compliant legal agreement establishing a trust arrangement for real estate property management and beneficial ownership under UAE federal and emirate-level laws.
find out more
Irrevocable Agreement
UAE-governed Irrevocable Agreement establishing permanent, binding commitments between parties, structured in compliance with UAE Civil Code and commercial legislation.
find out more
Declaration Of Trust
A UAE-governed legal document establishing a trust arrangement, detailing the transfer of assets from settlor to trustees for specified beneficiaries, compliant with UAE civil and Sharia law principles.
find out more
Trust Fund Agreement
A legal agreement establishing and governing a trust structure under UAE law, including provisions for asset management and beneficiary rights in compliance with UAE regulations.
find out more
Loan Receipt Agreement
A UAE-governed agreement acknowledging loan receipt and establishing borrowing terms, compliant with UAE Federal Laws and applicable for both conventional and Islamic financing.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.