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1. Parties: Identification of the Vendor/Financier and the Purchaser/Borrower
2. Background: Context of the transaction, relationship between parties, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase Terms: Details of the goods/services being sold, delivery terms, and acceptance criteria
5. Financing Terms: Amount financed, interest/profit rate, payment schedule, and financing structure
6. Security Arrangements: Details of any security interests, charges, or collateral provided
7. Representations and Warranties: Statements of fact and assurances from both parties
8. Covenants: Ongoing obligations of both parties during the term of the agreement
9. Payment Terms: Payment mechanics, account details, and payment procedures
10. Events of Default: Circumstances constituting default and consequences
11. Remedies: Rights and remedies available to parties in case of default or breach
12. Term and Termination: Duration of agreement and circumstances for termination
13. General Provisions: Standard boilerplate clauses including notices, amendments, governing law
1. Islamic Finance Compliance: Required if the financing needs to be Shariah-compliant, including relevant Islamic structuring provisions
2. Insurance: Required if specific insurance requirements are needed for the financed assets
3. Third Party Rights: Include if there are guarantors or other third parties involved in the financing
4. Tax Provisions: Detailed tax clauses if complex tax implications exist or if cross-border elements are involved
5. Assignment and Transfer: Include if either party needs the right to assign or transfer their rights/obligations
6. Force Majeure: Include if specific force majeure provisions are needed beyond standard provisions
1. Schedule 1 - Asset Description: Detailed description of goods/assets being financed
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment amounts and due dates
3. Schedule 3 - Security Details: Specifications of security interests and collateral
4. Schedule 4 - Financial Terms: Detailed financing terms including profit rates, fees and charges
5. Schedule 5 - Conditions Precedent: List of conditions to be satisfied before financing becomes effective
6. Schedule 6 - Form of Notices: Standard forms for various notices under the agreement
7. Schedule 7 - Documentation Requirements: List of required documents and their formats
8. Appendix A - Calculation Methods: Methods for calculating profit, early payment, and default charges
Manufacturing
Industrial Equipment
Technology and Software
Construction
Healthcare Equipment
Automotive
Agricultural Equipment
Telecommunications
Energy and Infrastructure
Heavy Machinery
Office Equipment
Commercial Real Estate
Legal
Finance
Commercial
Credit and Risk
Sales
Procurement
Treasury
Operations
Compliance
Islamic Banking
Business Development
Chief Financial Officer
Finance Director
Commercial Director
Legal Counsel
Contract Manager
Credit Manager
Risk Manager
Treasury Manager
Sales Director
Procurement Manager
Financial Controller
Islamic Finance Specialist
Business Development Manager
Operations Director
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