tiktok成人版

Master Receivables Purchase Agreement for United Arab Emirates

Master Receivables Purchase Agreement Template for United Arab Emirates

A comprehensive legal agreement governed by UAE law that establishes a framework for the ongoing purchase of receivables from a seller by a purchaser. The agreement sets out the terms and conditions for multiple purchases, including eligibility criteria, purchase price calculations, representations and warranties, and servicing arrangements. It incorporates UAE-specific legal requirements for assignment of receivables, notification requirements, and perfection mechanics while ensuring compliance with UAE Central Bank regulations and commercial laws.

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.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Master Receivables Purchase Agreement

Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Master Receivables Purchase Agreement?

The Master Receivables Purchase Agreement is a sophisticated financial instrument used in the UAE market to facilitate trade finance and working capital solutions. It provides a framework for companies to monetize their receivables by selling them to financial institutions, typically banks or specialized finance companies. The agreement is structured to comply with UAE Federal Laws, including the Civil Code and Commercial Code, and may include provisions for Sharia compliance where required. It sets out the mechanism for multiple purchases over time, eliminating the need for separate sale agreements for each transaction. The document includes detailed provisions for eligibility criteria, purchase price calculations, representations and warranties, and servicing arrangements, all tailored to meet UAE legal and regulatory requirements. This type of agreement is particularly valuable for businesses seeking to improve their working capital position through off-balance sheet financing.

What sections should be included in a Master Receivables Purchase Agreement?

1. Parties: Identification of the Seller and Purchaser, including registration details as required under UAE law

2. Background: Context of the agreement, relationship between parties, and general commercial intent

3. Definitions and Interpretation: Comprehensive definitions including Eligible Receivables, Purchase Price, Cut-off Date, and other key terms

4. Sale and Purchase Framework: Master framework for the sale and purchase of receivables, including mechanics for offers and acceptances

5. Purchase Price and Payment: Calculation methodology for purchase price, payment mechanics, and any discount calculations

6. Conditions Precedent: Conditions to be satisfied before initial purchase and ongoing purchases

7. Representations and Warranties: Standard and receivables-specific representations from both parties, including compliance with UAE law

8. Perfection Requirements: Requirements for valid transfer under UAE law, including notification requirements

9. Servicing Provisions: Arrangements for collection and servicing of purchased receivables

10. Covenants: Ongoing obligations of both parties

11. Events of Default: Default triggers and consequences

12. Indemnities: Indemnification obligations of both parties

13. Confidentiality: Confidentiality obligations and permitted disclosures

14. Governing Law and Jurisdiction: UAE law as governing law and jurisdiction provisions

What sections are optional to include in a Master Receivables Purchase Agreement?

1. Sharia Compliance: Required if the agreement needs to be Sharia-compliant, including relevant structuring and principles

2. Security Arrangements: Optional section for any additional security being provided

3. Credit Insurance: Required if credit insurance is being obtained for the receivables

4. True Sale Opinion: Optional section addressing true sale characteristics if required for accounting or regulatory purposes

5. Data Protection: Required if personal data is involved in the receivables

6. Anti-Money Laundering: Required for financial institutions or when dealing with regulated entities

7. Dilution Protection: Optional section for specific protection against dilution of receivables

8. Bank Accounts: Required if specific collection accounts or trust arrangements are needed

What schedules should be included in a Master Receivables Purchase Agreement?

1. Form of Offer Notice: Template for offering receivables for purchase

2. Form of Acceptance Notice: Template for accepting offered receivables

3. Eligibility Criteria: Detailed criteria for receivables to qualify for purchase

4. Conditions Precedent Documents: List of required documents and conditions

5. Form of Assignment: Template for assignment documentation compliant with UAE law

6. Form of Notice to Debtors: Template for notifying debtors of the assignment

7. Purchase Price Calculation: Detailed methodology for calculating purchase price

8. Servicing Requirements: Detailed servicing procedures and requirements

9. Form of Servicing Report: Template for periodic servicing reports

10. Required Insurance: Details of required insurance coverage

11. Form of Compliance Certificate: Template for periodic compliance certification

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Document Type

Purchase Agreement

Cost

Free to use
Relevant legal definitions




































































Clauses








































Relevant Industries

Banking and Financial Services

Manufacturing

Trading and Distribution

Construction

Healthcare

Technology

Telecommunications

Retail

Energy and Utilities

Logistics and Transportation

Professional Services

Relevant Teams

Legal

Finance

Treasury

Risk Management

Credit

Compliance

Operations

Commercial

Trade Finance

Accounts Receivable

Business Development

Relevant Roles

Chief Financial Officer

Treasury Manager

Finance Director

Legal Counsel

Corporate Lawyer

Risk Manager

Credit Manager

Accounts Receivable Manager

Commercial Director

Business Development Manager

Financial Controller

Operations Manager

Compliance Officer

Trade Finance Manager

Working Capital Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Agreement Of Sale Of Immovable Property

UAE property sale agreement template compliant with UAE Civil Code and emirate-specific property laws, governing the transfer of immovable property.

find out more

Agreement For Hire Purchase Of A Motor Vehicle

A UAE-governed agreement enabling the purchase of a motor vehicle through structured payments, with ownership transferring upon final payment.

find out more

Agreement For Advance Payment For Purchase Of House

UAE-governed agreement outlining terms and conditions for advance payment in residential property purchase, including escrow arrangements and payment structure.

find out more

Heavy Equipment Purchase Agreement

UAE-governed agreement for heavy equipment purchase, covering specifications, payment terms, and compliance with local commercial laws.

find out more

Shares Agreement

UAE-governed agreement for the sale and purchase of shares in a UAE company, including transfer terms, warranties, and regulatory compliance requirements.

find out more

Car Lease To Own Agreement

UAE-governed agreement establishing terms for vehicle leasing with an option to purchase, combining lease and purchase elements under UAE federal regulations.

find out more

Sell Agreement

A UAE law-governed agreement documenting the transfer of ownership from seller to buyer, detailing sale terms and conditions in compliance with UAE Federal Laws.

find out more

Equipment Purchase Contract

UAE-governed contract template for equipment purchase and sale, covering specifications, pricing, delivery, warranties, and compliance with UAE commercial laws.

find out more

Offer To Purchase Agreement

A UAE-law governed agreement documenting a buyer's formal offer to purchase property, including essential terms and conditions for the transaction.

find out more

Auto Purchase Agreement

UAE-governed agreement for vehicle sale and purchase, ensuring compliance with local automotive transaction laws and registration requirements.

find out more

Business Sale Contract

UAE-governed agreement for the sale and purchase of a business, covering all aspects of the transaction including assets, liabilities, and completion requirements.

find out more

Second Hand Car Purchase Agreement

UAE-governed agreement for used vehicle sales, ensuring legal compliance and protecting both buyer and seller interests under UAE law.

find out more

Public Offer Agreement

A UAE-governed agreement setting forth standardized terms and conditions for products or services offered to the general public, compliant with UAE Federal Laws.

find out more

Buyback Agreement

UAE-governed agreement establishing terms for the repurchase of assets, securities, or shares, ensuring compliance with UAE Federal Laws and regulations.

find out more

Sale Agreement For House

UAE-governed residential property sale agreement outlining terms and conditions for transferring house ownership from seller to buyer.

find out more

Lease Agreement With Option To Purchase

UAE-governed agreement combining property lease terms with a purchase option, compliant with federal and emirate-level real estate regulations.

find out more

Conditional Purchase Agreement

A UAE law-governed agreement establishing terms for a purchase transaction subject to specific conditions, structured according to UAE Civil and Commercial laws.

find out more

Artwork Purchase Agreement

UAE-governed agreement for the sale and purchase of artwork, detailing transaction terms and compliance with local art trade regulations.

find out more

Agreement For Advance Payment For Purchase Of Goods

UAE-governed agreement setting out terms for advance payment in goods purchase, including payment security and delivery obligations.

find out more

Advance Agreement For Land Purchase

UAE-governed agreement for advance purchase of land/property, setting out payment terms and completion requirements in accordance with UAE property laws.

find out more

Personal Property Purchase Agreement

UAE-compliant agreement for the sale and purchase of personal property, establishing terms of transfer and protecting both parties' interests.

find out more

Partnership Purchase Agreement

UAE-governed agreement for the sale and purchase of partnership interests, outlining transaction terms and regulatory compliance requirements.

find out more

Land Sell Agreement Form

UAE-governed agreement for legally transferring land ownership from seller to buyer, compliant with UAE Civil Code and emirate-specific property laws.

find out more

Dealer Purchase Agreement

UAE-governed agreement establishing terms between supplier/manufacturer and dealer for product distribution and resale within specified territory.

find out more

Cross Purchase Agreement

A UAE-governed agreement between business owners establishing terms for purchasing a departing owner's interest, compliant with UAE Federal Law.

find out more

Buy Tenancy Agreement

A UAE-governed agreement combining property sale and leaseback arrangements, detailing both purchase terms and subsequent tenancy conditions.

find out more

Truck Purchase Agreement

UAE-governed agreement for the sale and purchase of commercial trucks, including technical specifications, payment terms, and regulatory compliance requirements.

find out more

Wholesale Product Purchase Agreement

UAE-governed agreement establishing terms for wholesale product purchase and supply between commercial entities, including pricing, delivery, and quality standards.

find out more

As Is Real Estate Contract Form

UAE-compliant "As Is" Real Estate Contract Form for property sales where the buyer accepts the property in its current condition, incorporating all necessary local legal requirements.

find out more

Purchasers Agreement

A UAE law-governed agreement setting out terms and conditions for the purchase of goods or services, ensuring legal compliance and protecting both parties' interests.

find out more

Buy Sell Agreement Business

UAE-governed agreement for the sale and purchase of a business, detailing transfer terms and regulatory compliance requirements.

find out more

Private Party Purchase Agreement

A UAE law-governed agreement documenting the sale and purchase of goods or assets between private parties, outlining key terms and conditions of the transaction.

find out more

Real Estate Sales Contract Form

UAE-governed real estate sales agreement documenting property transfer terms and conditions, compliant with federal and emirate-specific regulations.

find out more

Sale And Purchase Agreement Spa

A UAE-compliant agreement governing the sale and purchase of assets, property, or shares, incorporating necessary local legal requirements and regulatory provisions.

find out more

Stock Buyout Agreement

UAE-governed agreement documenting share purchase terms and conditions between existing shareholders and buyers, compliant with UAE Commercial Companies Law.

find out more

Real Property Purchase Agreement

A UAE-governed agreement facilitating the legal transfer of real property ownership, incorporating local registration requirements and property regulations.

find out more

Flat Purchase Agreement

A UAE-law governed agreement for the sale and purchase of an apartment or flat, detailing property specifications, price, and transfer terms in compliance with RERA regulations.

find out more

Business Buyout Agreement

UAE-governed agreement detailing terms and conditions for the purchase and sale of a business, ensuring compliance with UAE Commercial Companies Law and related regulations.

find out more

Real Estate Offer And Acceptance Form

A UAE-compliant legal document that formalizes property purchase offers and acceptances, serving as the initial binding agreement in real estate transactions.

find out more

Real Estate Buyers Contract

UAE-governed agreement for real estate property purchase, detailing terms, conditions, and regulatory requirements for property transfer in the UAE.

find out more
See more related templates

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