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The Simple Loan Repayment Agreement is a fundamental legal document used in the United Arab Emirates to formalize lending arrangements between parties. It is particularly relevant when documenting loans between individuals, companies, or a combination thereof, ensuring compliance with UAE Federal laws and regulations. This agreement is essential for protecting both lender and borrower interests by clearly stating loan terms, repayment schedules, and obligations of all parties involved. The document can be adapted for both conventional and Islamic finance structures, incorporating relevant Sharia-compliant provisions where necessary. It is designed to be enforceable under UAE law and includes all necessary elements required by the UAE Civil Code and banking regulations.

1. Parties: Identification of the Lender and Borrower with full legal names, addresses, and any registration details if companies

2. Background: Brief context of the loan arrangement and relationship between parties

3. Definitions: Key terms used throughout the agreement including 'Loan Amount', 'Interest Rate' (if applicable), 'Repayment Date', etc.

4. Loan Details: Specific details of the loan amount, purpose, and disbursement method

5. Repayment Terms: Schedule of repayments, payment method, and consequences of early or late payment

6. Interest and Charges: Details of any applicable interest or administrative charges, ensuring compliance with UAE law and Sharia principles

7. Representations and Warranties: Statements of fact and promises made by the Borrower regarding their ability to repay

8. Events of Default: Circumstances that constitute default and the consequences thereof

9. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction for disputes

10. Notices: How formal communications between parties should be made and delivered

11. Execution: Signature blocks and execution requirements