The Prepaid Forward Purchase Agreement is a sophisticated financial instrument used in the UAE market when parties wish to structure a transaction involving advance payment for future delivery of assets. This document type is particularly relevant in commodities, energy, and financial markets where parties seek to lock in prices and secure future deliveries while managing cash flow timing. The agreement must comply with UAE law, including Federal Law No. 5 of 1985 (Civil Code) and Federal Law No. 18 of 1993 (Commercial Transactions Law), and may need to incorporate Sharia compliance elements. It typically includes detailed provisions on payment mechanics, delivery specifications, price adjustments, and risk allocation, making it suitable for complex commercial transactions in the UAE market.
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: Identifies and provides details of the buyer and seller entering into the agreement
2. Background: Sets out the context and commercial intent of the transaction
3. Definitions: Defines key terms used throughout the agreement
4. Sale and Purchase Obligation: Core provisions detailing the forward purchase commitment and delivery obligations
5. Prepayment Terms: Details of the advance payment, including amount, timing, and payment mechanics
6. Delivery Terms: Specifications for delivery of the underlying asset, including timing, location, and quality requirements
7. Price Adjustment Mechanisms: Provisions for adjusting the final price based on agreed parameters or market conditions
8. Representations and Warranties: Standard and transaction-specific representations and warranties from both parties
9. Conditions Precedent: Conditions that must be satisfied before the agreement becomes effective
10. Covenants: Ongoing obligations of the parties during the term of the agreement
11. Events of Default: Circumstances constituting default and corresponding remedies
12. Termination: Grounds for termination and the consequences thereof
13. Force Majeure: Provisions dealing with unforeseen events affecting performance
14. Governing Law and Jurisdiction: Specifies UAE law as governing law and relevant jurisdiction for disputes
15. Notices: Communication requirements and contact details
16. General Provisions: Standard boilerplate clauses including assignment, amendments, and severability
1. Sharia Compliance: Required if the transaction needs to be Sharia-compliant, detailing relevant principles and compliance mechanisms
2. Security Arrangements: Required if additional security or collateral is being provided
3. Tax Provisions: Detailed tax provisions required if cross-border elements or specific tax implications exist
4. Regulatory Compliance: Specific provisions required if the underlying asset or transaction is subject to particular regulatory oversight
5. Market Disruption: Required for transactions dependent on market prices or indices
6. Hedging Obligations: Required if parties have specific hedging requirements or restrictions
7. Islamic Banking Provisions: Required if one or more parties are Islamic banking institutions
1. Commercial Terms Schedule: Detailed commercial terms including pricing formulae, payment dates, and delivery specifications
2. Asset Specifications: Detailed technical specifications of the underlying asset
3. Form of Notices: Standard forms for key notices under the agreement
4. Calculation Methods: Detailed methodology for price calculations and adjustments
5. Required Documents: List and forms of documents required for closing and delivery
6. Security Documents: Forms of any security documents if applicable
7. Sharia Structure Diagram: Visual representation of the Islamic finance structure if applicable
8. Contact Details: Detailed contact information for all relevant parties and representatives
Authors
Relevant legal definitions
Clauses
Relevant Industries
Commodities Trading
Energy
Financial Services
Mining
Agriculture
Manufacturing
Islamic Finance
Investment Banking
Asset Management
International Trade
Relevant Teams
Legal
Treasury
Trading
Risk Management
Compliance
Finance
Operations
Islamic Finance
Commercial
Business Development
Contract Management
Relevant Roles
Chief Financial Officer
Treasury Manager
Trading Director
Commercial Director
Legal Counsel
Risk Manager
Compliance Officer
Islamic Finance Specialist
Structured Finance Manager
Operations Manager
Contract Manager
Finance Director
Trading Manager
Business Development Director
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
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)