Private & Confidential
To: - -
(the”Customer”)
Address: Physical Location & P.O. Box & Makani Number
Fax No.: - -
Ref No.: - -
Date: - -
VAT - -
Registration
No.:
OPENING CREDIT FACILITY LETTER
Dear Sirs / Dear Sir / Dear Madam ,
We, Abu Dhabi Commercial Bank PJSC (the Bank), are pleased to
offer you (the Customer) each facility set out in the table below under
the heading "Credit Facility" (each a Credit Facility and together the
Credit Facilities) for your credit / working capital purposes only (and
not for speculative purposes) on the terms and subject to the conditions
of this credit / working capital facility letter (the Opening Credit Facility
Letter), the current terms and conditions of the Bank enclosed with this
Opening Credit Facility Letter (the Standard Terms) and each other
document set out in Schedule 1 (Conditions Precedent) under the
heading "Finance Documents" (each a Finance Document and
together the Finance Documents).
is [l] or, where any Credit Facility is made available in a currency other
than Dirhams, its Dirham Equivalent (the Customer Limit). All amounts
outstanding at any time under each Credit Facility are repayable
immediately
The total amount
on demand
offeredbytothe
theBank.
Customer under all the Credit Facilities
and renewal by the Bank from time to time. The Bank is not obliged to
renew any Credit Facility, and no further Utilisations may be made
under a Facility that is not renewed. The date of the first review of each
Credit Facility (the Review Date) is as shown in clause No. 1 of this
letter under the heading “Credit Facilities”, or at any other date decided
by
Thetheterms
Bankand
at its
conditions
sole discretion.
of each Credit Facility are subject to review
The Bank will not make any Credit Facility available to the Customer
until the Bank has received all Conditions Precedent in form and
substance satisfactory to the Bank. If you agree to the terms and
conditions set out in this Opening Credit Facility Letter, the Standard
Terms and each other Transaction Document, please sign,
acknowledge and return to us the enclosed duplicate copy of this
Opening Credit Facility Letter and the Standard Terms together with all
other Conditions Precedent. The Bank may declare that this Opening
Credit Facility Letter has lapsed and become null and void ab initio if it
has not received the duplicate copy of this Opening Credit Facility Letter
and the Standard Terms, together with all other Conditions Precedent,
by [l], or any other date agreed by the Bank.
Where two or more persons sign this Opening Credit Facility Letter in
the capacity of Customer (each a Co-Customer), each such Co-
Customer is jointly and severally liable with each other Co-Customer for
the obligations and liabilities of the Customer under the Finance
Documents and the Bank may take action against, release or
compromise the liability of, or grant time or other indulgence to any one
Co-Customer without affecting the liability of any other Co-Customer.
BBG/OCFL/V01/ADCB 06102013 Page 1 of 35
‫ﺧﺎﺹ ﻭﺳﺮّﻱ‬
:‫ﺇﻟﻰ‬
("‫)"ﺍﻟﻌﻤﻴﻞ‬
‫ﻭ ﺍﻟﺮﻗﻢ ﺍﻟﻤﻜﺎﻧﻲ‬ ‫ﺍﻟﻤﻮﻗﻊ ﺍﻟﺠﻐﺮﺍﻓﻲ ﻭ ﺻﻨﺪﻭﻕ ﺍﻟﺒﺮﻳﺪ‬ :‫ﺍﻟﻌﻨﻮﺍﻥ‬
:‫ﺭﻗﻢ ﺍﻟﻔﺎﻛﺲ‬
:‫ﺭﻗﻢ ﺍﻟﻤﺮﺟﻊ‬
:‫ﺍﻟﺘﺎﺭﻳﺦ‬
‫ﺭﻗﻢ ﺍﻟﺘﺴﺠﻴﻞ‬
‫ﻓﻲ ﺿﺮﻳﺒﺔ‬
‫ﺍﻟﻘﻴﻤﺔ‬
:‫ﺍﻟﻤﻀﺎﻓﺔ‬
‫ﺧﻄﺎﺏ ﻓﺘﺢ ﺗﺴﻬﻴﻼﺕ ﺍﺋﺘﻤﺎﻧﻴﺔ‬
، ‫ ﺳﻴﺪﺗﻲ ﺍﻟﻌﺰﻳﺰﺓ‬/ ‫ ﺳﻴﺪﻱ ﺍﻟﻌﺰﻳﺰ‬/ ‫ﺍﻟﺴﺎﺩﺓ ﺍﻷﻋﺰﺍﺀ‬
‫ ﺃﻥ ﻧﻘﺪﻡ ﻟﻜﻢ‬،(‫ﻉ )ﺍﻟﺒﻨﻚ‬.‫ﻡ‬.‫ﺇﻧﻪ ﻟﻤﻦ ﺩﻭﺍﻋﻲ ﺳﺮﻭﺭﻧﺎ ﻧﺤﻦ؛ ﺑﻨﻚ ﺃﺑﻮﻇﺒﻲ ﺍﻟﺘﺠﺎﺭﻱ ﺵ‬
‫)ﺍﻟﻌﻤﻴﻞ( ﻛﺎﻓﺔ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻟﻤﺸﺎﺭ ﺇﻟﻴﻬﺎ ﻓﻲ ﺍﻟﺠﺪﻭﻝ ﺍﻟﻤﻮﺿﺢ ﺃﺩﻧﺎﻩ ﺗﺤﺖ ﻋﻨﻮﺍﻥ‬
‫"ﺗﺴﻬﻴﻼﺕ ﺍﺋﺘﻤﺎﻧﻴﺔ" )ﻳُﺸﺎﺭ ﺇﻟﻰ ﻛﻞ ﻣﻨﻬﺎ ﺑﺎﺳﻢ "ﺗﺴﻬﻴﻞ ﺍﺋﺘﻤﺎﻧﻲ" ﻭﺇﻟﻴﻬﺎ ﻣﺠﺘﻤﻌﺔً ﺑﺎﺳﻢ‬
‫ ﺭﺃﺱ ﺍﻟﻤﺎﻝ ﺍﻟﻌﺎﻣﻞ ﻓﻘﻂ )ﻭﻟﻴﺲ ﻷﻏﺮﺍﺽ‬/ ‫"ﺗﺴﻬﻴﻼﺕ ﺍﺋﺘﻤﺎﻧﻴﺔ"( ﻷﻏﺮﺍﺽ ﺍﻻﺋﺘﻤﺎﻥ‬
‫ ﺭﺃﺱ ﺍﻟﻤﺎﻝ‬/ ‫ ﻋﻤﻼً ﺑﺎﻟﺸﺮﻭﻁ ﻭﻣﻊ ﻣﺮﺍﻋﺎﺓ ﺃﺣﻜﺎﻡ ﺧﻄﺎﺏ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ‬،(‫ﺍﻟﻤﻀﺎﺭﺑﺔ‬
‫ ﻭﺍﻟﺸﺮﻭﻁ ﻭﺍﻷﺣﻜﺎﻡ ﺍﻟﺴﺎﺭﻳﺔ ﻟﻠﺒﻨﻚ‬،(‫ﺍﻟﻌﺎﻣﻞ ﻫﺬﺍ )ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ‬
‫ﺍﻟﻤﺮﻓﻘﺔ ﺑﺨﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ )ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ( ﻭﺃﻱ ﻭﺛﻴﻘﺔ ﺃﺧﺮﻯ‬
‫ )ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺴﺒﻘﺔ( ﺗﺤﺖ ﻋﻨﻮﺍﻥ "ﻭﺛﺎﺋﻖ ﺍﻟﺘﻤﻮﻳﻞ" )ﻳُﺸﺎﺭ ﺇﻟﻰ ﻛﻞ‬1 ‫ﻣﺬﻛﻮﺭﺓ ﻓﻲ ﺍﻟﻤﻠﺤﻖ‬
.("‫ﻭﺛﻴﻘﺔ ﻣﻨﻬﺎ ﺑﺎﺳﻢ "ﻭﺛﻴﻘﺔ ﺗﻤﻮﻳﻞ" ﻭﺇﻟﻴﻬﺎ ﻣﺠﺘﻤﻌﺔً ﺑﺎﺳﻢ "ﻭﺛﺎﺋﻖ ﺍﻟﺘﻤﻮﻳﻞ‬
،[ l] ‫ﻳﺒﻠﻎ ﺇﺟﻤﺎﻟﻲ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﻌﺮﻭﺽ ﺇﻟﻰ ﺍﻟﻌﻤﻴﻞ ﻭﻓﻘﺎً ﻟﻜﺎﻓﺔ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ‬
‫ﺃﻭ ﻣﺎ ﻳﻌﺎﺩﻟﻪ ﺑﺎﻟﺪﺭﻫﻢ ﺍﻹﻣﺎﺭﺍﺗﻲ ﻓﻲ ﺣﺎﻝ ﺗﻮﻓﻴﺮ ﺃﻱ ﺗﺴﻬﻴﻞ ﺍﺋﺘﻤﺎﻧﻲ ﺑﻌﻤﻠﺔ ﺃﺧﺮﻯ ﻏﻴﺮ‬
‫ ﻭﺗُﺴﺘﺤَﻖ ﻛﺎﻓﺔ ﺍﻟﻤﺒﺎﻟﻎ ﻏﻴﺮ ﺍﻟﻤﺴﺪﺩﺓ ﻟﻠﺴﺪﺍﺩ ﺑﻤﻮﺟﺐ ﺃﻱ ﻣﻦ‬.(‫ﺍﻟﺪﺭﻫﻢ ﺍﻹﻣﺎﺭﺍﺗﻲ )ﺣﺪ ﺍﻟﻌﻤﻴﻞ‬
.‫ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻓﻲ ﺃﻱ ﻭﻗﺖ ﻓﻮﺭ ﻃﻠﺐ ﺍﻟﺒﻨﻚ ﺫﻟﻚ‬
‫ﺗﺨﻀﻊ ﺷﺮﻭﻁ ﻭﺃﺣﻜﺎﻡ ﻛﻞ ﺗﺴﻬﻴﻞ ﻣﻦ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻟﻠﻤﺮﺍﺟﻌﺔ ﻭﺍﻟﺘﺠﺪﻳﺪ ﻣﻦ‬
‫ ﻭﺃﻥ ﺃﻱ‬،‫ ﺃﻥ ﺍﻟﺒﻨﻚ ﻏﻴﺮ ﻣُﻠﺰﻡ ﺑﺘﺠﺪﻳﺪ ﺃﻱ ﺗﺴﻬﻴﻞ ﺍﺋﺘﻤﺎﻧﻲ‬.‫ﻗﺒﻞ ﺍﻟﺒﻨﻚ ﻣﻦ ﺣﻴﻦ ﻵﺧﺮ‬
‫ﻳﺤﻞ ﺗﺎﺭﻳﺦ ﺃﻭﻝ ﻣﺮﺍﺟﻌﺔ ﻟﻜﻞ ﺗﺴﻬﻴﻞ‬ ‫ ﻭ‬.‫ﺍﺳﺘﻌﻤﺎﻝ ﺇﺿﺎﻓﻲ ﻟﺘﺴﻬﻴﻞ ﻏﻴﺮ ﻣﺠﺪﺩ ﻏﻴﺮ ﻣُﺠﺎﺯ‬
‫ ﻣﻦ ﻫﺬﺍ ﺍﻟﺨﻄﺎﺏ ﺗﺤﺖ‬1 ‫ﺍﺋﺘﻤﺎﻧﻲ )ﺗﺎﺭﻳﺦ ﺍﻟﻤﺮﺍﺟﻌﺔ( ﻛﻤﺎ ﻫﻮ ﻣﺒﻴﻦ ﻓﻲ ﺍﻟﻤﺎﺩﺓ ﺭﻗﻢ‬
‫ ﺃﻭ ﺑﺄﻱ ﺗﺎﺭﻳﺦ ﺁﺧﺮ ﻳﺮﺍﻩ ﺍﻟﺒﻨﻚ ﻣﻨﺎﺳﺒﺎً ﻭﻓﻘﺎً ﻟﺘﻘﺪﻳﺮﻩ‬،"‫"ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ‬
.‫ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬
‫ﺍﻟﺸﺮﻭﻁ‬ ‫ﻟﻦ ﻳﻘﺪﻡ ﺍﻟﺒﻨﻚ ﺃﻱ ﺗﺴﻬﻴﻞ ﺍﺋﺘﻤﺎﻧﻲ ﺇﻟﻰ ﺍﻟﻌﻤﻴﻞ ﺇﻻ ﺑﻌﺪ ﺍﺳﺘﻼﻡ ﺍﻟﺒﻨﻚ ﻛﺎﻓﺔ‬
‫ ﻭﺇﺫﺍ ﻛﻨﺘﻢ‬.‫ﺍﻟﻤﺴﺒﻘﺔ ﺑﺎﻟﺸﻜﻞ ﻭﺍﻟﻤﻀﻤﻮﻥ ﻭﺑﺎﻟﻄﺮﻳﻘﺔ ﺍﻟﺘﻲ ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ ﻣﻘﺒﻮﻟﺔ‬
‫ﺗﻮﺍﻓﻘﻮﻥ ﻋﻠﻰ ﺍﻷﺣﻜﺎﻡ ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﻨﺼﻮﺹ ﻋﻠﻴﻬﺎ ﻓﻲ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ‬
‫ ﻳﺮﺟﻰ ﺍﻟﺘﻮﻗﻴﻊ ﻭﺍﻹﻗﺮﺍﺭ‬،‫ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ ﺍﻷﺧﺮﻯ‬
‫ﻭﺇﻋﺎﺩﺓ ﺍﻟﻨﺴﺨﺔ ﻃﺒﻖ ﺍﻷﺻﻞ ﺍﻟﻤُﺮﻓﻘﺔ ﺑﺨﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻹﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ ﻭﺍﻟﺸﺮﻭﻁ‬
‫ ﻭﻳﺤﻖ ﻟﻠﺒﻨﻚ ﺍﻹﻋﻼﻥ ﻋﻦ ﺍﻧﻘﻀﺎﺀ ﻣﺪﺓ‬.‫ ﻣﻊ ﻛﺎﻓﺔ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺴﺒﻘﺔ ﺍﻷﺧﺮﻯ‬،‫ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬
‫ ﺇﺫﺍ ﻟﻢ ﻳﺘﺴﻠﻢ‬،‫ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ ﻭﺑﻄﻼﻧﻪ ﻣﻦ ﺃﺳﺎﺳﻪ ﻭﻛﺄﻧﻪ ﻟﻢ ﻳﻜﻦ‬
‫ﺍﻟﻨﺴﺨﺔ ﻃﺒﻖ ﺍﻷﺻﻞ ﻣﻦ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬
.‫ ﺃﻭ ﺑﺄﻱ ﺗﺎﺭﻳﺦ ﺁﺧﺮ ﻳﻮﺍﻓﻖ ﻋﻠﻴﻪ ﺍﻟﺒﻨﻚ‬،[ l] ‫ﻭﻛﺎﻓﺔ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺴﺒﻘﺔ ﺍﻷﺧﺮﻯ ﺑﺘﺎﺭﻳﺦ‬
‫ﺇﺫﺍ ﻭﻗّﻊ ﺷﺨﺼﺎﻥ ﺃﻭ ﺃﻛﺜﺮ ﻋﻠﻰ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ ﺑﺼﻔﺔ ﺍﻟﻌﻤﻴﻞ‬
‫ ﻓﺈﻥ ﻛﻞ ﻋﻤﻴﻞ ﻣﺸﺘﺮﻙ ﻳﻜﻮﻥ‬،(‫)ﻳُﺸﺎﺭ ﺇﻟﻰ ﻛﻞ ﻭﺍﺣﺪ ﻣﻨﻬﻤﺎ ﺃﻭ ﻣﻨﻬﻢ ﺑﺎﺳﻢ ﺍﻟﻌﻤﻴﻞ ﺍﻟﻤﺸﺘﺮﻙ‬
‫ﻣﺴﺆﻭﻻً ﻣﻨﻔﺮﺩﺍً ﻭ ﺑﺎﻟﺘﻀﺎﻣﻦ ﻭﺍﻟﺘﻜﺎﻓﻞ ﻣﻊ ﺍﻟﻌﻤﻴﻞ ﺍﻟﻤﺸﺘﺮﻙ ﺍﻵﺧﺮ ﻋﻦ ﻣﻮﺟﺒﺎﺕ‬
‫ ﻭﻳﺤﻖ ﻟﻠﺒﻨﻚ ﺍﺗﺨﺎﺫ ﺃﻱ‬،‫ﻭﺍﻟﺘﺰﺍﻣﺎﺕ ﺍﻟﻌﻤﻴﻞ ﺍﻟﻤﻨﺼﻮﺹ ﻋﻠﻴﻬﺎ ﺑﻤﻮﺟﺐ ﻭﺛﺎﺋﻖ ﺍﻟﺘﻤﻮﻳﻞ‬
‫ ﺃﻭ ﺃﻱ ﺷﻜﻞ ﻣﻦ ﺃﺷﻜﺎﻝ‬،‫ ﺃﻭ ﻣﻨﺢ ﻣﻬﻠﺔ‬،‫ ﺃﻭ ﺗﺴﻮﻳﺔ ﺍﻟﺘﺰﺍﻡ‬،‫ ﺃﻭ ﺇﺑﺮﺍﺀ ﺫﻣﺔ ﺃﻭ ﺇﻋﻔﺎﺀ‬،‫ﺇﺟﺮﺍﺀ ﺿﺪ‬
.‫ ﻣﻦ ﺩﻭﻥ ﺃﻥ ﻳﺆﺛﺮ ﺫﻟﻚ ﻋﻠﻰ ﺍﻟﺘﺰﺍﻣﺎﺕ ﺃﻱ ﻋﻤﻴﻞ ﻣﺸﺘﺮﻙ ﺁﺧﺮ‬،‫ ﻷﻱ ﻋﻤﻴﻞ ﻣﺸﺘﺮﻙ‬،‫ﺍﻟﺘﺴﺎﻫﻞ‬
‫‪1. CREDIT FACILITIES‬‬ ‫ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ‬ ‫‪1.‬‬
‫‪The Bank offers the Customer the following Credit Facility/ Facilities on the following terms:‬‬ ‫ﻳﻘﺪﻡ ﺍﻟﺒﻨﻚ ﺇﻟﻰ ﺍﻟﻌﻤﻴﻞ ﺍﻟﺘﺴﻬﻴﻞ ‪/‬ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﺍﻟﺘﺎﻟﻴﺔ‬
‫ﻭﻓﻘﺎً ﺍﻟﺸﺮﻭﻁ ﺍﻟﺘﺎﻟﻴﺔ‪:‬‬
‫‪Credit Facility‬‬ ‫‪Facility‬‬ ‫‪Sub Limit‬‬ ‫‪Applicable Rate‬‬ ‫‪Margin‬‬ ‫‪Facility‬‬ ‫‪R‬‬
‫ﺍﻟﺘﺴﻬﻴﻞ ﺍﻻﺋﺘﻤﺎﻧﻲ‬ ‫‪Currency‬‬ ‫ﺣﺪ ﻓﺮﻋﻲ‬ ‫‪Facility Commission‬‬ ‫ﺍﻟﻬﺎﻣﺶ‬ ‫‪Tenor‬‬ ‫‪ev‬‬
‫‪Facility Limit‬‬ ‫‪(Exclusive of VAT.‬‬ ‫ﻣﺪﺓ‬ ‫‪ie‬‬
‫ﻋﻤﻠﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ ‫‪[AED or‬‬ ‫‪VAT payable by the‬‬ ‫ﺍﻟﺘﺴﻬﻴﻞ‬ ‫‪w‬‬
‫ﺍﻟﺘﺴﻬﻴﻞ ﺣﺪ‬ ‫]‪USD‬‬ ‫‪Customer in addition‬‬ ‫‪Da‬‬
‫‪to the Facility‬‬ ‫‪te‬‬
‫]‪[AED or USD‬‬ ‫‪Commission, if‬‬ ‫ﺗﺎ‬
‫)‪applicable‬‬ ‫ﺭﻱ‬
‫ﺥ‬
‫ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﻄﺒﻘﺔ‬ ‫ﺍﻟﻢ‬
‫ﻋﻤﻮﻟﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ ‫ﺭﺍﺝ‬
‫)ﻏﻴﺮ ﺷﺎﻣﻠﺔ ﻟﻀﺮﻳﺒﺔ ﺍﻟﻘﻴﻤﺔ‬ ‫ﻋﺔ‬
‫ﺍﻟﻤﻀﺎﻓﺔ‪.‬‬
‫ﺗُﺪﻓﻊ ﺿﺮﻳﺒﺔ ﺍﻟﻘﻴﻤﺔ‬
‫ﺍﻟﻤﻀﺎﻓﺔ ﻣﻦ ﻗﺒﻞ ﺍﻟﻌﻤﻴﻞ‬
‫ﺑﺎﻹﺿﺎﻓﺔ ﺇﻟﻰ ﻋﻤﻮﻟﺔ‬
‫ﺍﻟﺘﺴﻬﻴﻞ ﺇﻥ ﻭﺟﺪﺕ(‬

‫‪Bill/ Cheque Discounting Facility‬‬ ‫]‪[AED] / [USD‬‬ ‫]‪[AED‬‬ ‫‪/‬‬ ‫‪Rate: the percentage‬‬ ‫] ‪[ f i v e‬‬ ‫‪on‬‬
‫‪[ i n s e r t‬‬ ‫] ‪[ U S D‬‬ ‫‪rate equal to the‬‬ ‫‪Business‬‬ ‫‪de‬‬
‫ﺗﺴﻬﻴﻞ ﺧﺼﻢ ﺍﻟﺸﻴﻜﺎﺕ‪/‬ﺍﻟﻜﻤﺒﻴﺎﻻﺕ ﻭﺍﻟﻔﻮﺍﺗﻴﺮ‬ ‫]‪amount‬‬ ‫‪[insert‬‬ ‫‪aggregate of [EIBOR] /‬‬ ‫‪Days.‬‬ ‫‪m‬‬
‫]ﺍﻛﺘﺐ ﺍﻟﻤﺒﻠﻎ[‬ ‫]‪amount‬‬ ‫‪[LIBOR] and [insert‬‬ ‫]ﺧﻤﺴﺔ[ ﺃﻳﺎﻡ‬ ‫‪an‬‬
‫]ﺩﺭﻫﻢ ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫]ﺍﻛﺘﺐ‬ ‫‪margin].‬‬ ‫ﻋﻤﻞ‬ ‫‪d‬‬
‫]ﺩﻭﻻﺭ ﺃﻣﺮﻳﻜﻲ[‬ ‫ﺍﻟﻤﺒﻠﻎ[‬ ‫ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ‪ :‬ﺍﻟﻨﺴﺒﺔ‬ ‫ﻋﻦ‬
‫]ﺩﺭﻫﻢ‬ ‫ﺍﻟﻤﺌﻮﻳﺔ ﺍﻟﻤﺴﺎﻭﻳﺔ ﻟﻤﺠﻤﻮﻉ‬ ‫ﺩ‬
‫ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫]ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬ ‫ﺍﻟﻂ‬
‫]ﺩﻭﻻﺭ‬ ‫ﺑﻴﻦ ﺍﻟﺒﻨﻮﻙ ﻓﻲ ﺍﻹﻣﺎﺭﺍﺕ[ ‪/‬‬ ‫ﻟﺐ‬
‫ﺃﻣﺮﻳﻜﻲ[‬ ‫]ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬
‫ﺑﻴﻦ ﺍﻟﺒﻨﻮﻙ ﻓﻲ ﻟﻨﺪﻥ[ ﻭ‬
‫]ﺃﺩﺧﻞ ﺍﻟﻬﺎﻣﺶ[‪.‬‬

‫‪Commission: [insert‬‬
‫‪margin] per cent. of‬‬
‫‪the amount of any‬‬
‫‪U t i l i s a t i o n.‬‬
‫ﺍﻟﻌﻤﻮﻟﺔ‪] :‬ﺃﺩﺧﻞ ﺍﻟﻬﺎﻣﺶ[ ‪ %‬ﻣﻦ‬
‫ﻗﻴﻤﺔ ﺃﻱ ﺍﺳﺘﻌﻤﺎﻝ‪.‬‬

‫‪LC Facility‬‬ ‫]‪[AED] / [USD‬‬ ‫]‪[AED‬‬ ‫‪/‬‬ ‫‪Rate: not applicable.‬‬ ‫]‪[l‬‬ ‫‪per‬‬ ‫]‪[one‬‬ ‫‪/‬‬ ‫‪on‬‬
‫‪[ i n s e r t‬‬ ‫] ‪[ U S D‬‬ ‫ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ‪ :‬ﻏﻴﺮ ﻣﻄﺒﻖ‪.‬‬ ‫‪cent.‬‬ ‫‪of‬‬ ‫‪[three] /‬‬ ‫‪de‬‬
‫ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ‬ ‫]‪amount‬‬ ‫‪[insert‬‬ ‫‪t‬‬ ‫‪h‬‬ ‫‪e‬‬ ‫]‪[six‬‬ ‫‪/‬‬ ‫‪m‬‬
‫]ﺍﻛﺘﺐ ﺍﻟﻤﺒﻠﻎ[‬ ‫]‪amount‬‬ ‫‪Commission:‬‬ ‫‪[insert‬‬ ‫‪amount of‬‬ ‫]‪[other‬‬ ‫‪an‬‬
‫]ﺩﺭﻫﻢ ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫]ﺍﻛﺘﺐ‬ ‫‪margin] per cent. of‬‬ ‫‪any Letter‬‬ ‫‪months.‬‬ ‫‪d‬‬
‫]ﺩﻭﻻﺭ ﺃﻣﺮﻳﻜﻲ[‬ ‫ﺍﻟﻤﺒﻠﻎ[‬ ‫‪the amount of any‬‬ ‫‪of Credit.‬‬ ‫ﺷﻬﺮ ﻭﺍﺣﺪ ‪/‬‬ ‫ﻋﻦ‬
‫]ﺩﺭﻫﻢ‬ ‫‪U t i l i s a t i o n.‬‬ ‫]‪ % [ l‬ﻣﻦ‬ ‫ﺛﻼﺛﺔ‬ ‫ﺩ‬
‫ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫ﺍﻟﻌﻤﻮﻟﺔ‪] :‬ﺍﻛﺘﺐ ﺍﻟﻬﺎﻣﺶ[ ﻓﻲ‬ ‫ﻗﻴﻤﺔ ﺃﻱ‬ ‫ﺃﺷﻬﺮ‪ /‬ﺳﺘﺔ‬ ‫ﺍﻟﻂ‬
‫]ﺩﻭﻻﺭ‬ ‫ﺍﻟﻤﺎﺋﺔ ﻣﻦ ﻗﻴﻤﺔ ﺃﻱ ﺍﺳﺘﻌﻤﺎﻝ‪.‬‬ ‫ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ‪.‬‬ ‫ﺃﺷﻬﺮ‪ /‬ﺃﺧﺮﻯ‬ ‫ﻟﺐ‬
‫ﺃﻣﺮﻳﻜﻲ[‬
‫‪Letter of Guarantee Facility‬‬ ‫]‪[AED] / [USD‬‬ ‫]‪[AED‬‬ ‫‪/‬‬ ‫‪Rate: not applicable.‬‬ ‫]‪[l‬‬ ‫]‪per [one‬‬ ‫‪/‬‬ ‫‪on‬‬
‫‪[ i n s e r t‬‬ ‫] ‪[ U S D‬‬ ‫ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ‪ :‬ﻏﻴﺮ ﻣﻄﺒﻖ‪.‬‬ ‫‪cent.‬‬ ‫‪of [three] /‬‬ ‫‪de‬‬
‫ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ ﺿﻤﺎﻥ‬ ‫]‪amount‬‬ ‫‪[insert‬‬ ‫‪t‬‬ ‫‪h‬‬ ‫]‪e [six‬‬ ‫‪/‬‬ ‫‪m‬‬
‫]ﺍﻛﺘﺐ ﺍﻟﻤﺒﻠﻎ[‬ ‫]‪amount‬‬ ‫‪Commission:‬‬ ‫‪[insert‬‬ ‫] ‪amount of [ o t h e r‬‬ ‫‪an‬‬
‫]ﺩﺭﻫﻢ ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫]ﺍﻛﺘﺐ‬ ‫‪margin] per cent. of‬‬ ‫‪any Letter months.‬‬ ‫‪d‬‬
‫]ﺩﻭﻻﺭ ﺃﻣﺮﻳﻜﻲ[‬ ‫ﺍﻟﻤﺒﻠﻎ[‬ ‫‪the amount of any‬‬ ‫‪o‬‬ ‫ﺷﻬﺮ ﻭﺍﺣﺪ ‪f /‬‬ ‫ﻋﻦ‬
‫]ﺩﺭﻫﻢ‬ ‫‪U t i l i s a t i o n.‬‬ ‫ﺛﻼﺛﺔ ﺃﺷﻬﺮ ‪Guarantee‬‬ ‫ﺩ‬
‫ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫ﺍﻟﻌﻤﻮﻟﺔ‪] :‬ﺍﻛﺘﺐ ﺍﻟﻬﺎﻣﺶ[ ﻓﻲ‬ ‫‪.‬‬ ‫‪ /‬ﺳﺘﺔ ﺃﺷﻬﺮ‬ ‫ﺍﻟﻂ‬
‫]ﺩﻭﻻﺭ‬ ‫ﺍﺳﺘﻌﻤﺎﻝ‬
‫‪.‬‬ ‫ﺍﻟﻤﺎﺋﺔ ﻣﻦ ﻗﻴﻤﺔ ﺃﻱ‬ ‫]‪ % [ l‬ﻣﻦ‬ ‫‪ /‬ﺃﺧﺮﻯ‬ ‫ﻟﺐ‬
‫ﺃﻣﺮﻳﻜﻲ[‬ ‫ﻗﻴﻤﺔ ﺃﻱ‬
‫ﺧﻄﺎﺏ ﺿﻤﺎﻥ‪.‬‬

‫‪Loan Against Import/ Trust Receipt Facility‬‬ ‫]‪[AED] / [USD‬‬ ‫]‪[AED‬‬ ‫‪/‬‬ ‫‪Rate: the percentage‬‬ ‫]‪[l‬‬ ‫]‪per [one‬‬ ‫‪/‬‬ ‫‪on‬‬
‫‪[ i n s e r t‬‬ ‫] ‪[ U S D‬‬ ‫‪rate equal to the‬‬ ‫‪cent.‬‬ ‫‪of [three] /‬‬ ‫‪de‬‬
‫ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‪ /‬ﺇﻳﺼﺎﻝ ﺃﻣﺎﻧﺔ‬ ‫]‪amount‬‬ ‫‪[insert‬‬ ‫]‪aggregate of [EIBOR‬‬ ‫‪t‬‬ ‫‪h‬‬ ‫]‪e [six‬‬ ‫‪/‬‬ ‫‪m‬‬
‫]ﺍﻛﺘﺐ ﺍﻟﻤﺒﻠﻎ[‬ ‫]‪amount‬‬ ‫‪[LIBOR] and [insert‬‬ ‫] ‪amount of [ o t h e r‬‬ ‫‪an‬‬
‫]ﺩﺭﻫﻢ ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫]ﺍﻛﺘﺐ‬ ‫‪margin].‬‬ ‫‪a‬‬ ‫‪n‬‬ ‫‪y months.‬‬ ‫‪d‬‬
‫]ﺩﻭﻻﺭ ﺃﻣﺮﻳﻜﻲ[‬ ‫ﺍﻟﻤﺒﻠﻎ[‬ ‫ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ‪ :‬ﺍﻟﻨﺴﺒﺔ‬ ‫ﺷﻬﺮ ﻭﺍﺣﺪ ‪Utilisation /‬‬ ‫ﻋﻦ‬
‫]ﺩﺭﻫﻢ‬ ‫ﺍﻟﻤﺌﻮﻳﺔ ﺍﻟﻤﺴﺎﻭﻳﺔ ﻟﻤﺠﻤﻮﻉ‬ ‫‪.‬‬ ‫ﺛﻼﺛﺔ ﺃﺷﻬﺮ‬ ‫ﺩ‬
‫ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫]ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬ ‫‪ /‬ﺳﺘﺔ ﺃﺷﻬﺮ ]‪ % [ l‬ﻣﻦ‬ ‫ﺍﻟﻂ‬
‫]ﺩﻭﻻﺭ‬ ‫ﺑﻴﻦ ﺍﻟﺒﻨﻮﻙ ﻓﻲ ﺍﻹﻣﺎﺭﺍﺕ[ ‪/‬‬ ‫ﻗﻴﻤﺔ ﺃﻱ‬ ‫‪ /‬ﺃﺧﺮﻯ‬ ‫ﻟﺐ‬
‫ﺃﻣﺮﻳﻜﻲ[‬ ‫]ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬ ‫ﺍﺳﺘﻌﻤﺎﻝ‪.‬‬
‫ﺑﻴﻦ ﺍﻟﺒﻨﻮﻙ ﻓﻲ ﻟﻨﺪﻥ[ ﻭ‬
‫]ﺍﻛﺘﺐ ﺍﻟﻬﺎﻣﺶ[‪.‬‬

‫‪BBG/OCFL/V01/ADCB 06102013‬‬ ‫‪Page 2 of 35‬‬

 ‫‪Commission:‬‬ ‫‪[insert‬‬
‫‪margin] per cent. of‬‬
‫‪the amount of any‬‬
‫‪Utilisation.‬‬
‫ﺍﻟﻌﻤﻮﻟﺔ‪] :‬ﺍﻛﺘﺐ ﺍﻟﻬﺎﻣﺶ[ ﻓﻲ‬
‫ﺍﻟﻤﺎﺋﺔ ﻣﻦ ﻗﻴﻤﺔ ﺃﻱ ﺍﺳﺘﻌﻤﺎﻝ‪.‬‬

‫‪Overdraft Facility‬‬ ‫]‪[AED] / [USD‬‬ ‫]‪[AED‬‬ ‫‪/‬‬ ‫‪Rate: the percentage‬‬ ‫]‪[one‬‬ ‫‪/‬‬ ‫‪on‬‬
‫‪[ i n s e r t‬‬ ‫] ‪[ U S D‬‬ ‫‪rate equal to the‬‬ ‫‪[three] /‬‬ ‫‪de‬‬
‫ﺗﺴﻬﻴﻞ ﺍﻟﺴﺤﺐ ﻋﻠﻰ ﺍﻟﻤﻜﺸﻮﻑ‬ ‫]‪amount‬‬ ‫‪[insert‬‬ ‫]‪aggregate of [EIBOR‬‬ ‫]‪[six‬‬ ‫‪/‬‬ ‫‪m‬‬
‫]ﺍﻛﺘﺐ ﺍﻟﻤﺒﻠﻎ[‬ ‫]‪amount‬‬ ‫‪/[LIBOR] and [insert‬‬ ‫]‪[other‬‬ ‫‪an‬‬
‫]ﺩﺭﻫﻢ ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫]ﺍﻛﺘﺐ‬ ‫‪margin].‬‬ ‫‪months.‬‬ ‫‪d‬‬
‫]ﺩﻭﻻﺭ ﺃﻣﺮﻳﻜﻲ[‬ ‫ﺍﻟﻤﺒﻠﻎ[‬ ‫ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ‪ :‬ﺍﻟﻨﺴﺒﺔ‬ ‫ﺷﻬﺮ ﻭﺍﺣﺪ ‪/‬‬ ‫ﻋﻦ‬
‫]ﺩﺭﻫﻢ‬ ‫ﺍﻟﻤﺌﻮﻳﺔ ﺍﻟﻤﺴﺎﻭﻳﺔ ﻟﻤﺠﻤﻮﻉ‬ ‫ﺛﻼﺛﺔ ﺃﺷﻬﺮ‬ ‫ﺩ‬
‫ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫]ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬ ‫‪ /‬ﺳﺘﺔ ﺃﺷﻬﺮ‬ ‫ﺍﻟﻂ‬
‫]ﺩﻭﻻﺭ‬ ‫ﺑﻴﻦ ﺍﻟﺒﻨﻮﻙ ﻓﻲ ﺍﻹﻣﺎﺭﺍﺕ[ ‪/‬‬ ‫‪ /‬ﺃﺧﺮﻯ‬ ‫ﻟﺐ‬
‫ﺃﻣﺮﻳﻜﻲ[‬ ‫]ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬
‫ﺑﻴﻦ ﺍﻟﺒﻨﻮﻙ ﻓﻲ ﻟﻨﺪﻥ[ ﻭ‬
‫]ﺍﻛﺘﺐ ﺍﻟﻬﺎﻣﺶ[‪.‬‬

‫‪Commission:‬‬ ‫‪not‬‬
‫‪a p p l i c a b l e.‬‬
‫ﻣﻄﺒﻘﺔ‬
‫‪.‬‬ ‫ﺍﻟﻌﻤﻮﻟﺔ‪ :‬ﻏﻴﺮ‬

‫‪Short-Term Loan Facility‬‬ ‫]‪[AED] / [USD‬‬ ‫]‪[AED‬‬ ‫‪/‬‬ ‫‪Rate: the percentage‬‬ ‫]‪[one‬‬ ‫‪/‬‬ ‫‪on‬‬
‫‪[ i n s e r t‬‬ ‫] ‪[ U S D‬‬ ‫‪rate equal to the‬‬ ‫‪[three] /‬‬ ‫‪de‬‬
‫ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ‬ ‫]‪amount‬‬ ‫‪[insert‬‬ ‫]‪aggregate of [EIBOR‬‬ ‫]‪[six‬‬ ‫‪/‬‬ ‫‪m‬‬
‫]‪amount‬‬ ‫‪[LIBOR] and [insert‬‬ ‫]‪[other‬‬ ‫‪an‬‬
‫]ﺍﻛﺘﺐ ﺍﻟﻤﺒﻠﻎ[‬ ‫‪margin].‬‬ ‫‪months.‬‬ ‫‪d‬‬
‫]ﺩﺭﻫﻢ ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫]ﺍﻛﺘﺐ‬ ‫ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ‪ :‬ﺍﻟﻨﺴﺒﺔ‬ ‫ﺷﻬﺮ ﻭﺍﺣﺪ ‪/‬‬ ‫ﻋﻦ‬
‫]ﺩﻭﻻﺭ ﺃﻣﺮﻳﻜﻲ[‬ ‫ﺍﻟﻤﺒﻠﻎ[‬ ‫ﺍﻟﻤﺌﻮﻳﺔ ﺍﻟﻤﺴﺎﻭﻳﺔ ﻟﻤﺠﻤﻮﻉ‬ ‫ﺛﻼﺛﺔ ﺃﺷﻬﺮ‬ ‫ﺩ‬
‫]ﺩﺭﻫﻢ‬ ‫]ﻣﻌﺪﻝ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬ ‫‪ /‬ﺳﺘﺔ ﺃﺷﻬﺮ‬ ‫ﺍﻟﻂ‬
‫ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫ﺑﻴﻦ ﺍﻟﺒﻨﻮﻙ ﻓﻲ ﺍﻹﻣﺎﺭﺍﺕ[ ‪/‬‬ ‫‪ /‬ﺃﺧﺮﻯ‬ ‫ﻟﺐ‬
‫]ﺩﻭﻻﺭ‬ ‫]ﻣﻌﺪﻝ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬
‫ﺃﻣﺮﻳﻜﻲ[‬ ‫ﺑﻴﻦ ﺍﻟﺒﻨﻮﻙ ﻓﻲ ﻟﻨﺪﻥ[ ﻭ‬
‫]ﺍﻛﺘﺐ ﺍﻟﻬﺎﻣﺶ[‪.‬‬

‫‪Commission:‬‬ ‫‪not‬‬
‫‪a p p l i c a b l e.‬‬
‫ﻣﻄﺒﻘﺔ‬
‫‪.‬‬ ‫ﺍﻟﻌﻤﻮﻟﺔ‪ :‬ﻏﻴﺮ‬

‫‪Redrawable Term Loan Facility‬‬ ‫]‪[AED] / [USD‬‬ ‫]‪[AED‬‬ ‫‪/‬‬ ‫‪Rate: the percentage‬‬ ‫[‬ ‫‪l‬‬ ‫]‬ ‫‪on‬‬
‫‪[ i n s e r t‬‬ ‫] ‪[ U S D‬‬ ‫‪rate equal to the‬‬ ‫‪months/y‬‬ ‫‪de‬‬
‫ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ‬ ‫]‪amount‬‬ ‫‪[insert‬‬ ‫]‪aggregate of [EIBOR‬‬ ‫‪ear‬‬ ‫‪m‬‬
‫]‪amount‬‬ ‫‪[LIBOR] and [insert‬‬ ‫‪an‬‬
‫]ﺍﻛﺘﺐ ﺍﻟﻤﺒﻠﻎ[‬ ‫‪margin].‬‬ ‫]‪[l‬‬ ‫‪d‬‬
‫]ﺩﺭﻫﻢ ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫]ﺍﻛﺘﺐ‬ ‫ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ‪ :‬ﺍﻟﻨﺴﺒﺔ‬ ‫ﺷﻬﺮ‪/‬ﻋﺎﻡ‬ ‫ﻋﻦ‬
‫]ﺩﻭﻻﺭ ﺃﻣﺮﻳﻜﻲ[‬ ‫ﺍﻟﻤﺒﻠﻎ[‬ ‫ﺍﻟﻤﺌﻮﻳﺔ ﺍﻟﻤﺴﺎﻭﻳﺔ ﻟﻤﺠﻤﻮﻉ‬ ‫ﺩ‬
‫]ﺩﺭﻫﻢ‬ ‫]ﻣﻌﺪﻝ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬ ‫ﺍﻟﻂ‬
‫ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫ﺑﻴﻦ ﺍﻟﺒﻨﻮﻙ ﻓﻲ ﺍﻹﻣﺎﺭﺍﺕ[ ‪/‬‬ ‫ﻟﺐ‬
‫]ﺩﻭﻻﺭ‬ ‫]ﻣﻌﺪﻝ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬
‫ﺃﻣﺮﻳﻜﻲ[‬ ‫ﺑﻴﻦ ﺍﻟﺒﻨﻮﻙ ﻓﻲ ﻟﻨﺪﻥ[ ﻭ‬
‫]ﺍﻛﺘﺐ ﺍﻟﻬﺎﻣﺶ[‪.‬‬

‫‪Commission:‬‬ ‫‪not‬‬
‫‪a p p l i c a b l e.‬‬
‫ﻣﻄﺒﻘﺔ‬
‫‪.‬‬ ‫ﺍﻟﻌﻤﻮﻟﺔ‪ :‬ﻏﻴﺮ‬

‫‪Trade Advance Facility‬‬ ‫]‪[AED] / [USD‬‬ ‫]‪[AED‬‬ ‫‪/‬‬ ‫‪Rate: the percentage‬‬ ‫]‪[l‬‬ ‫‪per‬‬ ‫]‪[one‬‬ ‫‪/‬‬ ‫‪on‬‬
‫‪[ i n s e r t‬‬ ‫] ‪[ U S D‬‬ ‫‪rate equal to the‬‬ ‫‪cent.‬‬ ‫‪of‬‬ ‫‪[three] /‬‬ ‫‪de‬‬
‫ﺗﺴﻬﻴﻞ ﺍﻟﺴﻠﻔﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ‬ ‫]‪amount‬‬ ‫‪[insert‬‬ ‫‪aggregate of [EIBOR] /‬‬ ‫‪t‬‬ ‫‪h‬‬ ‫‪e‬‬ ‫]‪[six‬‬ ‫‪/‬‬ ‫‪m‬‬
‫]‪amount‬‬ ‫‪[LIBOR] and [insert‬‬ ‫‪amount of‬‬ ‫]‪[other‬‬ ‫‪an‬‬
‫]ﺍﻛﺘﺐ ﺍﻟﻤﺒﻠﻎ[‬ ‫‪margin].‬‬ ‫‪a‬‬ ‫‪n‬‬ ‫‪y‬‬ ‫‪months.‬‬ ‫‪d‬‬
‫]ﺩﺭﻫﻢ ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫]ﺍﻛﺘﺐ‬ ‫‪Utilisation‬‬
‫]ﺩﻭﻻﺭ ﺃﻣﺮﻳﻜﻲ[‬ ‫ﺍﻟﻤﺒﻠﻎ[‬ ‫ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ‪ :‬ﺍﻟﻨﺴﺒﺔ‬ ‫‪.‬‬ ‫ﺷﻬﺮ ﻭﺍﺣﺪ ‪/‬‬ ‫ﻋﻦ‬
‫]ﺩﺭﻫﻢ‬ ‫ﺍﻟﻤﺌﻮﻳﺔ ﺍﻟﻤﺴﺎﻭﻳﺔ ﻟﻤﺠﻤﻮﻉ‬ ‫ﺛﻼﺛﺔ ﺃﺷﻬﺮ‬ ‫ﺩ‬
‫ﺇﻣﺎﺭﺍﺗﻲ[ ‪/‬‬ ‫]ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬ ‫]‪ % [ l‬ﻣﻦ‬ ‫‪ /‬ﺳﺘﺔ ﺃﺷﻬﺮ‬ ‫ﺍﻟﻂ‬
‫]ﺩﻭﻻﺭ‬ ‫ﺑﻴﻦ ﺍﻟﺒﻨﻮﻙ ﻓﻲ ﺍﻹﻣﺎﺭﺍﺕ[ ‪/‬‬ ‫ﻗﻴﻤﺔ ﺃﻱ‬ ‫‪ /‬ﺃﺧﺮﻯ‬ ‫ﻟﺐ‬
‫ﺃﻣﺮﻳﻜﻲ[‬ ‫]ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬ ‫ﺍﺳﺘﻌﻤﺎﻝ‪.‬‬
‫ﺑﻴﻦ ﺍﻟﺒﻨﻮﻙ ﻓﻲ ﻟﻨﺪﻥ[ ﻭ‬
‫]ﺍﻛﺘﺐ ﺍﻟﻬﺎﻣﺶ[‪.‬‬

‫‪Commission:‬‬ ‫‪[insert‬‬
‫‪margin] per cent. of‬‬

‫‪BBG/OCFL/V01/ADCB 06102013‬‬ ‫‪Page 3 of 35‬‬

 the amount of any
U t i l i s a t i o n.

‫ ]ﺍﻛﺘﺐ ﺍﻟﻬﺎﻣﺶ[ ﻓﻲ‬:‫ﺍﻟﻌﻤﻮﻟﺔ‬

‫ﺍﺳﺘﻌﻤﺎﻝ‬
. ‫ﺍﻟﻤﺎﺋﺔ ﻣﻦ ﻗﻴﻤﺔ ﺃﻱ‬

Invoice Financing Facility (made available to the [AED] / [USD] Sales Rate: the percentage [l] per [one] / on
Customer under one or both of the following sub- [ i n s e r t Invoice rate equal to the cent. of [three] / de
facilities each with its own Sub-Limit): amount] Financing aggregate of [EIBOR] / t h e [six] / m
(a) Sales Invoice Financing Facility; and [‫]ﺍﻛﺘﺐ ﺍﻟﻤﺒﻠﻎ‬ Facility [LIBOR] and [insert amount of [ o t h e r ] an
(b) Purchase Invoice Financing Facility. / [‫]ﺩﺭﻫﻢ ﺇﻣﺎﺭﺍﺗﻲ‬ [AED] / margin]. a n y months. d
Advance Payments shall form part of the Purchase [‫]ﺩﻭﻻﺭ ﺃﻣﺮﻳﻜﻲ‬ [ U S D ] ‫ ﺍﻟﻨﺴﺒﺔ‬:‫ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ‬ Utilisation / ‫ﺷﻬﺮ ﻭﺍﺣﺪ‬ ‫ﻋﻦ‬
Invoice Financing Facility but are subject to a further [insert ‫ﺍﻟﻤﺌﻮﻳﺔ ﺍﻟﻤﺴﺎﻭﻳﺔ ﻟﻤﺠﻤﻮﻉ‬ . ‫ﺛﻼﺛﺔ ﺃﺷﻬﺮ‬ ‫ﺩ‬
Sub-Limit. amount] ‫]ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬ ‫ ﻣﻦ‬% [ l] ‫ ﺳﺘﺔ ﺃﺷﻬﺮ‬/ ‫ﺍﻟﻂ‬
‫ﺗﺴﻬﻴﻞ‬ / [‫ﺑﻴﻦ ﺍﻟﺒﻨﻮﻙ ﻓﻲ ﺍﻹﻣﺎﺭﺍﺕ‬ ‫ﻗﻴﻤﺔ ﺃﻱ‬ ‫ ﺃﺧﺮﻯ‬/ ‫ﻟﺐ‬
‫ﺗﻤﻮﻳﻞ‬ ‫]ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬ .‫ﺍﺳﺘﻌﻤﺎﻝ‬
‫ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ )ﻳﻘﺪﻡ ﻟﻠﻌﻤﻴﻞ ﺑﻤﻮﺟﺐ ﺃﺣﺪ ﺃﻭ ﻛﻼ ﻣﻦ‬ ‫ﻓﺎﺗﻮﺭﺓ‬ ‫ﺑﻴﻦ ﺍﻟﺒﻨﻮﻙ ﻓﻲ ﻟﻨﺪﻥ[ ﻭ‬
:(‫ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻟﻔﺮﻋﻴﺔ ﺍﻟﺘﺎﻟﻴﺔ ﻭﻟﻜﻞ ﻣﻨﻬﺎ ﺣﺪ ﻓﺮﻋﻲ‬ ‫ﻣﺒﻴﻌﺎﺕ‬ .[‫]ﺍﻛﺘﺐ ﺍﻟﻬﺎﻣﺶ‬
‫ ﻭ‬،‫ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﻣﺒﻴﻌﺎﺕ‬ (‫)ﺃ‬ ‫]ﺍﻛﺘﺐ‬
‫ﺷﺮﺍﺀ‬
. ‫ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ‬ (‫)ﺏ‬ [‫ﺍﻟﻤﺒﻠﻎ‬ Commission: [insert
‫ﺗﺸﻜﻞ ﺍﻟﺪﻓﻌﺎﺕ ﺍﻟﻤُﻘﺪﻣﺔ ﺟﺰﺀﺍً ﻣﻦ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺷﺮﺍﺀ ﻭﻟﻜﻨﻬﺎ‬ ‫]ﺩﺭﻫﻢ‬ margin] per cent. of
‫ﺁﺧﺮ‬
. ‫ﻣﺸﺮﻭﻃﺔ ﺑﺤﺪ ﻓﺮﻋﻲ‬ / [‫ﺇﻣﺎﺭﺍﺗﻲ‬ the amount of each
‫]ﺩﻭﻻﺭ‬ i n v o i c e
[‫ﺃﻣﺮﻳﻜﻲ‬ financed/discounted
under an Invoice
Financing Facility.
Purchase ‫ ]ﺍﻛﺘﺐ ﺍﻟﻬﺎﻣﺶ[ ﻓﻲ‬:‫ﺍﻟﻌﻤﻮﻟﺔ‬
Invoice ‫ ﻣﻦ ﻗﻴﻤﺔ ﻛﻞ ﻓﺎﺗﻮﺭﺓ‬%‫ﺍﻟﻤﺎﺋﺔ‬
Financing ‫ﻣﺨﺼﻮﻣﺔ ﺑﻤﻮﺟﺐ‬/‫ﻣﻤﻮﻟﺔ‬
Facility .‫ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ‬
[AED] /
[ U S D ]
[insert
amount],
‫ﺗﺴﻬﻴﻞ‬
‫ﺗﻤﻮﻳﻞ‬
‫ﻓﺎﺗﻮﺭﺓ‬
‫ﺷﺮﺍﺀ‬
‫]ﺍﻛﺘﺐ‬
[‫ﺍﻟﻤﺒﻠﻎ‬
‫]ﺩﺭﻫﻢ‬
/ [‫ﺇﻣﺎﺭﺍﺗﻲ‬
‫]ﺩﻭﻻﺭ‬
[‫ﺃﻣﺮﻳﻜﻲ‬

Advance
Payments
that form
part of the
Purchase
Invoice
Financing
Facility
cannot at
any time
exceed
[ A E D ]
/[USD]
[insert
amount]
‫ﺍﻟﺪﻓﻌﺎﺕ‬
‫ﺍﻟﻤﻘﺪﻣﺔ ﺍﻟﺘﻲ‬
ً‫ﺗﺸﻜﻞ ﺟﺰﺀﺍ‬
‫ﻣﻦ ﺗﺴﻬﻴﻞ‬
‫ﺗﻤﻮﻳﻞ‬
‫ﻓﺎﺗﻮﺭﺓ‬
‫ﺷﺮﺍﺀ ﻻ‬
‫ﻳﻤﻜﻦ ﻓﻲ ﺃﻱ‬
‫ﻭﻗﺖ ﺗﺘﺠﺎﻭﺯ‬
‫]ﺍﻛﺘﺐ‬
[‫ﺍﻟﻤﺒﻠﻎ‬
‫]ﺩﺭﻫﻢ‬
/ [‫ﺇﻣﺎﺭﺍﺗﻲ‬
‫]ﺩﻭﻻﺭ‬
[‫ﺃﻣﺮﻳﻜﻲ‬

BBG/OCFL/V01/ADCB 06102013 Page 4 of 35

 Total
‫ﺍﻟﻤﺠﻤﻮﻉ‬

2. GUARANTORS ‫ﺍﻟﻜﻔﻼﺀ‬ 2.
The Customer must procure that each person set out in the table below under the heading ‫ﻳﺠﺐ ﺃﻥ ﻳﻀﻤﻦ ﺍﻟﻌﻤﻴﻞ ﻗﻴﺎﻡ ﻛﻞ ﺷﺨﺺ ﻣﺬﻛﻮﺭ ﻓﻲ ﺍﻟﺠﺪﻭﻝ ﺃﺩﻧﺎﻩ ﺗﺤﺖ‬
"Guarantor" (each a Guarantor) provides the guarantee set out opposite its name in the ‫ﻋﻨﻮﺍﻥ "ﺍﻟﻜﻔﻴﻞ" )ﻳُﺸﺎﺭ ﺇﻟﻰ ﻛﻞ ﻣﻨﻬﻢ ﺑـ ﺍﻟﻜﻔﻴﻞ( ﺑﺘﻘﺪﻳﻢ ﺍﻟﻜﻔﺎﻟﺔ‬
table below under the heading "Guarantee" (each a Guarantee) guaranteeing the punctual ‫ﺍﻟﻤﺬﻛﻮﺭﺓ ﻣﻘﺎﺑﻞ ﺍﺳﻤﻪ ﻓﻲ ﺍﻟﺠﺪﻭﻝ ﺃﺩﻧﺎﻩ ﺗﺤﺖ ﻋﻨﻮﺍﻥ "ﺍﻟﻜﻔﺎﻟﺔ" )ﻳُﺸﺎﺭ‬
performance by the Customer of all the obligations of the Customer under the Finance ‫ﺇﻟﻰ ﻛﻞ ﻣﻨﻬﺎ ﺑـ ﺍﻟﻜﻔﺎﻟﺔ( ﻭﺫﻟﻚ ﺿﻤﺎﻧﺎً ﻟﺘﻨﻔﻴﺬ ﺍﻟﻌﻤﻴﻞ ﺍﻟﺪﻗﻴﻖ‬
Documents, in each case, in form and substance satisfactory to the Bank: ‫ ﻓﻲ ﺟﻤﻴﻊ‬،‫ﻟﻜﺎﻓﺔ ﻣﻮﺟﺒﺎﺗﻪ ﺍﻟﻤﻨﺼﻮﺹ ﻋﻠﻴﻬﺎ ﻓﻲ ﻭﺛﺎﺋﻖ ﺍﻟﺘﻤﻮﻳﻞ‬
:‫ ﺑﺎﻟﺸﻜﻞ ﻭﺍﻟﻤﻀﻤﻮﻥ ﻭﺑﺎﻟﻄﺮﻳﻘﺔ ﺍﻟﺘﻲ ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ ﻣﻘﺒﻮﻟﺔ‬،‫ﺍﻷﺣﻮﺍﻝ‬
1 Guarantor [insert name of Guarantor] [‫]ﺃﺩﺧﻞ ﺍﺳﻢ ﺍﻟﻜﻔﻴﻞ‬ ‫ﺍﻟﻜﻔﻴﻞ‬
Guarantee [insert details of corporate or individual Guarantee ‫ ﻋﻠﻰ ﺳﺒﻴﻞ‬،‫]ﺃﺩﺧﻞ ﺑﻴﺎﻧﺎﺕ ﻛﻔﺎﻟﺔ ﺍﻟﺸﺮﻛﺔ ﺃﻭ ﺍﻟﻔﺮﺩ‬ ‫ﺍﻟﻜﻔﺎﻟﺔ‬
e.g. up to a percentage shareholding only] [‫ﺍﻟﻤﺜﺎﻝ ﺑﻨﺴﺒﺔ ﺍﻟﻤﺴﺎﻫﻤﺔ ﻓﻘﻂ‬

3. SECURITY PROVIDERS ‫ﻣﻘﺪﻣﻮ ﺍﻟﻀﻤﺎﻥ‬ 3.

The Customer must procure that each person set out in the table below under the heading ‫ﻳﺠﺐ ﺃﻥ ﻳﻀﻤﻦ ﺍﻟﻌﻤﻴﻞ ﻗﻴﺎﻡ ﻛﻞ ﺷﺨﺺ ﻣﺬﻛﻮﺭ ﻓﻲ ﺍﻟﺠﺪﻭﻝ ﺃﺩﻧﺎﻩ ﺗﺤﺖ‬
"Security Provider" (each a Security Provider) provides the Security for the obligations of ‫ﻋﻨﻮﺍﻥ "ﻣﻘﺪﻡ ﺍﻟﻀﻤﺎﻥ" )ﻳُﺸﺎﺭ ﺇﻟﻰ ﻛﻞ ﻣﻨﻬﻢ ﺑــ ﻣﻘﺪﻡ ﺍﻟﻀﻤﺎﻥ( ﺑﺘﻘﺪﻳﻢ‬
the Customer under the Finance Documents by entering into each document set out ‫ﺿﻤﺎﻧﺎً ﺑﻤﻮﺟﺒﺎﺕ ﺍﻟﻌﻤﻴﻞ ﺍﻟﻤﻨﺼﻮﺹ ﻋﻠﻴﻬﺎ ﻓﻲ ﻭﺛﺎﺋﻖ ﺍﻟﺘﻤﻮﻳﻞ ﻣﻦ‬
opposite its name in the table below under the heading "Security Document" (each a ‫ﺧﻼﻝ ﺗﻮﻗﻴﻊ ﻛﻞ ﻭﺛﻴﻘﺔ ﻣﺬﻛﻮﺭﺓ ﻣﻘﺎﺑﻞ ﺍﺳﻤﻪ ﻓﻲ ﺍﻟﺠﺪﻭﻝ ﺃﺩﻧﺎﻩ ﺗﺤﺖ‬
Security Document), in each case, in form and substance satisfactory to the Bank: ‫ ﻓﻲ‬،(‫ﻋﻨﻮﺍﻥ "ﻭﺛﻴﻘﺔ ﺍﻟﻀﻤﺎﻥ" )ﻳُﺸﺎﺭ ﺇﻟﻰ ﻛﻞ ﻣﻨﻬﺎ ﺑــ ﻭﺛﻴﻘﺔ ﺍﻟﻀﻤﺎﻥ‬
‫ ﺑﺎﻟﺸﻜﻞ ﻭﺍﻟﻤﻀﻤﻮﻥ ﻭﺑﺎﻟﻄﺮﻳﻘﺔ ﺍﻟﺘﻲ ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ‬،‫ﺟﻤﻴﻊ ﺍﻷﺣﻮﺍﻝ‬
:‫ﻣﻘﺒﻮﻟﺔ‬
1 Security [insert name of Security Provider] [‫]ﺃﺩﺧﻞ ﺍﺳﻢ ﻣﻘﺪﻡ ﺍﻟﻀﻤﺎﻥ‬ ‫ﻣﻘﺪﻡ ﺍﻟﻀﻤﺎﻥ‬
Provider
Security [insert details of corporate or individual Security [‫]ﺃﺩﺧﻞ ﺑﻴﺎﻧﺎﺕ ﻭﺛﻴﻘﺔ ﺿﻤﺎﻥ ﺍﻟﺸﺮﻛﺔ ﺃﻭ ﺍﻟﻔﺮﺩ‬ ‫ﻭﺛﻴﻘﺔ‬
Document Document] ‫ﺍﻟﻀﻤﺎﻥ‬

4. SIGNIFICANT SHAREHOLDERS ‫ﺍﻟﻤﺴﺎﻫﻤﻮﻥ ﺍﻟﺮﺋﻴﺴﻴﻮﻥ‬ 4.

(Applicable for Corporate Customer only) (‫)ﻳﻄﺒﻖ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺍﻹﻋﺘﺒﺎﺭﻱ ﻓﻘﻂ‬

Significant Shareholder & Percentage ownership of Customer ‫ﻣﺴﺎﻫﻢ ﺭﺋﻴﺴﻲ ﻭ ﻧﺴﺒﺔ ﻣﻠﻜﻴﺔ ﺍﻟﻌﻤﻴﻞ‬
[insert name, address and contact details for Significant Shareholder] [‫]ﺃﺩﺧﻞ ﺍﺳﻢ ﻭﻋﻨﻮﺍﻥ ﻭﺑﻴﺎﻧﺎﺕ ﺍﺗﺼﺎﻝ ﺍﻟﻤﺴﺎﻫﻢ ﺍﻟﺮﺋﻴﺴﻲ‬
[insert name of Customer which the Significant Shareholder owns and details of its ‫]ﺃﺩﺧﻞ ﺍﺳﻢ ﺍﻟﻌﻤﻴﻞ ﺍﻟﺬﻱ ﻳﻤﻠﻜﻪ ﺍﻟﻤﺴﺎﻫﻢ ﺍﻟﺮﺋﻴﺴﻲ ﻭﺗﻔﺎﺻﻴﻞ ﻧﺴﺒﺔ‬
percentage stake in the Customer] [‫ﺣﺼﺘﻪ ﻓﻲ ﺍﻟﻌﻤﻴﻞ‬
Transaction Document Reference ‫ﻣﺮﺟﻊ ﻭﺛﻴﻘﺔ ﺍﻟﻤﻌﺎﻣﻠﺔ‬

Clause 10 (Amendment, Waiver, Cancellation and Termination) of this Opening Credit ‫ )ﺍﻟﺘﻌﺪﻳﻞ ﻭﺍﻟﺘﻨﺎﺯﻝ ﻭﺍﻹﻟﻐﺎﺀ ﻭﺍﻹﻧﻬﺎﺀ( ﻣﻦ ﺧﻄﺎﺏ ﻓﺘﺢ‬10 ‫ﺍﻟﻤﺎﺩﺓ‬
Facility Letter. .‫ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ‬

5. RESTRICTIVE UNDERTAKINGS AND EVENTS OF DEFAULT ‫ﺍﻟﺘﻌﻬﺪﺍﺕ ﺍﻟﻤﺤﺪﺩﺓ ﻭﺣﺎﻻﺕ ﺍﻻﺧﻼﻝ‬ 5.

Provision Clause of Standard Details ‫ﺍﻟﺘﻔﺎﺻﻴﻞ‬ ‫ﻣﺎﺩﺓ ﺍﻟﺸﺮﻭﻁ‬ ‫ﺍﻟﺸﺮﻁ‬
Terms ‫ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬
Security Margin 6.2 (Security Reduction the Dirham ‫ﻳﻌﺎﺩﻝ ﺑﺎﻟﺪﺭﻫﻢ )ﺃﺩﺧﻞ ﻣﺒﻠﻎ ﻫﺎﻣﺶ‬ ‫ )ﺣﺎﻟﺔ‬6-2 ‫ﻫﺎﻣﺶ ﺍﻟﻀﻤﺎﻥ‬
Event) and Equivalent of (‫ﺍﻟﻀﻤﺎﻥ‬ ‫ﺍﻧﺨﻔﺎﺽ ﻗﻴﻤﺔ‬
16.14 (Security Margin) [insert amount of ‫ﺍﻟﻀﻤﺎﻥ( ﻭ‬
Security Margin] ‫ )ﻫﺎﻣﺶ‬16-14
(‫ﺍﻟﻀﻤﺎﻥ‬

Disposal Limit 16.16 (Disposal of the Dirham ‫ﻳﻌﺎﺩﻝ ﺑﺎﻟﺪﺭﻫﻢ )ﺃﺩﺧﻞ ﻣﺒﻠﻎ ﺣﺪ‬ 16-16 ‫ﺣﺪ ﺍﻟﺘﺼﺮﻑ‬
assets) Equivalent of (‫ﺍﻟﺘﺼﺮﻑ ﺍﻟﺴﻨﻮﻱ‬ ‫)ﺍﻟﺘﺼﺮﻑ‬
[insert amount of (‫ﺑﺎﻷﺻﻮﻝ‬
annual Disposal
Limit]
Financial Year End Date 16.11 (Financial Year [insert date of ‫ﺃﺩﺧﻞ ﺗﺎﺭﻳﺦ ﺍﻧﺘﻬﺎﺀ ﺍﻟﺴﻨﺔ ﺍﻟﻤﺎﻟﻴﺔ‬ 16-11 ‫ﺗﺎﺭﻳﺦ‬
End Date) Financial Year ‫)ﺗﺎﺭﻳﺦ‬ ‫ﺍﻧﺘﻬﺎﺀ ﺍﻟﺴﻨﺔ‬
(Applicable for Corporate Customer only) End] ‫ﺇﻧﺘﻬﺎﺀ ﺍﻟﺴﻨﺔ‬ ‫ﺍﻟﻤﺎﻟﻴﺔ‬
.(‫ﺍﻟﻤﺎﻟﻴﺔ‬
‫)ﻳﻄﺒﻖ ﻋﻠﻰ‬
‫ﺍﻟﻌﻤﻴﻞ‬
‫ﺍﻹﻋﺘﺒﺎﺭﻱ‬
(‫ﻓﻘﻂ‬
Permitted 16.15 (Negative pledge) the Dirham ‫ﻳﻌﺎﺩﻝ ﺑﺎﻟﺪﺭﻫﻢ )ﺃﺩﺧﻞ ﻣﺒﻠﻎ ﺣﺪ‬ ‫ )ﺍﻟﺮﻫﻦ‬16-15 ‫ﺣﺪ ﺍﻟﻌﺐﺀ‬
Encumbrance Limit Equivalent of (‫ﺍﻟﻌﺐﺀ ﺍﻟﻤﺴﻤﻮﺡ ﺑﻪ‬ (‫ﺍﻟﺴﻠﺒﻲ‬ ‫ﺍﻟﻤﺴﻤﻮﺡ ﺑﻪ‬
[insert amount of
Permitted
Encumbrance
Limit]
Permitted 16.20 (Dividends and ........ ......... 16-20 ‫ﺣﺪ‬
Distribution Limit share redemption). ‫)ﺣﺼﺺ‬ ‫ﺍﻟﺘﻮﺯﻳﻌﺎﺕ‬
‫ﺍﻻﺭﺑﺎﺡ‬ ‫ﺍﻟﻤﺴﻤﻮﺡ ﺑﻬﺎ‬
‫ﻭﺍﺳﺘﺮﺩﺍﺩ‬
(‫ﺍﻻﺳﻬﻢ‬

BBG/OCFL/V01/ADCB 06102013 Page 5 of 35

Permitted 16.21 (Financial the Dirham ‫ﻳﻌﺎﺩﻝ ﺑﺎﻟﺪﺭﻫﻢ )ﺃﺩﺧﻞ ﻗﻴﻤﺔ ﺣﺪ‬ 16-21 ‫ﺣﺪ‬
Indebtedness Limit Indebtedness) Equivalent of (‫ﺍﻟﻤﺪﻳﻮﻧﻴﺔ ﺍﻟﻤﺴﻤﻮﺡ ﺑﻪ‬ ‫)ﺍﻟﻤﺪﻳﻮﻧﻴﺔ‬ ‫ﺍﻟﻤﺪﻳﻮﻧﻴﺔ‬
[insert amount of (‫ﺍﻟﻤﺎﻟﻴﺔ‬ ‫ﺍﻟﻤﺴﻤﻮﺡ ﺑﻪ‬
Permitted
Indebtedness
Limit]
Cross-Default Threshold 17.6 (Cross-default) the Dirham ‫ﻳﻌﺎﺩﻝ ﺑﺎﻟﺪﺭﻫﻢ )ﺃﺩﺧﻞ ﻗﻴﻤﺔ ﺣﺪ‬ ‫ )ﺍﻹﺧﻼﻝ‬17-6 ‫ﺣﺪ ﺍﻹﺧﻼﻝ‬
Equivalent of (‫ﺍﻹﺧﻼﻝ ﺍﻟﻤﺘﻘﺎﻃﻊ‬ (‫ﺍﻟﻤﺘﻘﺎﻃﻊ‬ ‫ﺍﻟﻤﺘﻘﺎﻃﻊ‬
[insert amount of
Cross-Default
Threshold]
Excluded Person Clauses: [insert 'Not ‫)ﺃﺩﺧﻞ "ﻏﻴﺮ ﻣﻨﻄﺒﻘﺔ" ﺃﻭ ﺃﺩﺧﻞ‬ :‫ﺍﻟﻤﻮﺍﺩ‬ ‫ﺍﻟﺸﺨﺺ‬
13 (Representations applicable' or ("‫ﺃﺳﻤﺎﺀ ﺍﻷﺷﺨﺎﺹ ﺍﻟﻤﺴﺘﺜﻨﻮﻥ‬ ‫)ﺍﻻﻓﺎﺩﺍﺕ‬13 ‫ﺍﻟﻤﺴﺘﺜﻨﻲ‬
and Warranties), insert names of ،(‫ﻭﺍﻟﻀﻤﺎﻧﺎﺕ‬
14 (Information Excluded Persons] ‫)ﺍﻟﺘﻌﻬﺪﺍﺕ‬14
Undertakings), ‫ﺍﻟﻤﺘﻌﻠﻘﺔ‬
16 (General ،(‫ﺑﺎﻟﻤﻌﻠﻮﻣﺎﺕ‬
Undertakings),and ‫)ﺍﻟﺘﻌﻬﺪﺍﺕ‬16
17 (Events of Default) ‫ ﻭ‬،(‫ﺍﻟﻌﺎﻣﺔ‬
of the Standard Terms. ‫)ﺣﺎﻻﺕ‬17
(‫ﺍﻻﺧﻼﻝ‬
‫ﻣﻦ ﺍﻟﺸﺮﻭﻁ‬
.‫ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬

6. FEES ‫ﺍﻟﻌﻤﻮﻻﺕ‬ 6.
The Customer must pay to the Bank each fee set out in the table below under the heading ‫ﻳﺠﺐ ﺃﻥ ﻳﺴﺪﺩ ﺍﻟﻌﻤﻴﻞ ﻟﻠﺒﻨﻚ ﻛﺎﻓﺔ ﺍﻟﻌﻤﻮﻻﺕ ﺍﻟﻤﺤﺪﺩﺓ ﻓﻲ ﺍﻟﺠﺪﻭﻝ‬
“Fee” in the amount and on the date set out opposite such fee in the table below under the ‫ﺃﺩﻧﺎﻩ ﺗﺤﺖ ﻋﻨﻮﺍﻥ )"ﺍﻟﻌﻤﻮﻟﺔ"( ﺑﺎﻟﻘﻴﻤﺔ ﻭﻓﻲ ﺍﻟﺘﺎﺭﻳﺦ ﺍﻟﻤﺬﻛﻮﺭﻳﻦ‬
respective headings “Amount” and “Payment Date”. Unless otherwise indicated, all fees, ‫ﻣﻘﺎﺑﻞ ﻛﻞ ﻋﻤﻮﻟﺔ ﻓﻲ ﺍﻟﺠﺪﻭﻝ ﺃﺩﻧﺎﻩ ﺗﺤﺖ ﻋﻨﻮﺍﻧﻲ "ﺍﻟﻤﺒﻠﻎ" ﻭ "ﺗﺎﺭﻳﺦ‬
charges, commissions and other amounts payable by the Customer under the Finance Documents ‫ ﺟﻤﻴﻊ ﺍﻟﺮﺳﻮﻡ ﻭ ﺍﻟﻤﺼﺮﻭﻓﺎﺕ ﻭ‬،‫ ﻣﺎ ﻟﻢ ﻳﺬﻛﺮ ﺧﻼﻑ ﺫﻟﻚ‬. "‫ﺍﻟﺴﺪﺍﺩ‬
are expressed as exclusive of value-added tax (“VAT”). If VAT is applicable to any such fees, ‫ﺍﻟﻌﻤﻮﻻﺕ ﻭﺍﻟﻤﺒﺎﻟﻎ ﺍﻷﺧﺮﻯ ﺍﻟﻤﺴﺘﺤﻘﺔ ﺍﻟﺪﻓﻊ ﻣﻦ ﻗﺒﻞ ﺍﻟﻌﻤﻴﻞ‬
charges, commissions and other amounts, the Bank will add VAT to all such amounts and the ‫ﺑﻤﻮﺟﺐ ﻭﺛﺎﺋﻖ ﺍﻟﺘﻤﻮﻳﻞ ﻳﺘﻢ ﺍﻟﺘﻌﺒﻴﺮ ﻋﻨﻬﺎ ﻋﻠﻰ ﺇﻧﻬﺎ ﻏﻴﺮ‬
Customer will pay the VAT in addition to any such fees, charges, commissions and other amounts:
.("‫ﺷﺎﻣﻠﺔ ﻟﻀﺮﻳﺒﺔ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻤﻀﺎﻓﺔ )"ﺿﺮﻳﺒﺔ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻤﻀﺎﻓﺔ‬
‫ﺇﺫﺍ ﻛﺎﻧﺖ ﺿﺮﻳﺒﺔ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻤﻀﺎﻓﺔ ﺗﻨﻄﺒﻖ ﻋﻠﻰ ﺃﻱ ﻣﻦ ﻫﺬﻩ‬
‫ ﺳﻴﻘﻮﻡ‬،‫ﺍﻟﺮﺳﻮﻡ ﻭ ﺍﻟﻤﺼﺮﻭﻓﺎﺕ ﻭ ﺍﻟﻌﻤﻮﻻﺕ ﻭ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻷﺧﺮﻯ‬
‫ﺍﻟﺒﻨﻚ ﺑﺈﺿﺎﻓﺔ ﺿﺮﻳﺒﺔ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻤﻀﺎﻓﺔ ﺇﻟﻰ ﺟﻤﻴﻊ ﻫﺬﻩ‬
‫ ﻭﺳﻮﻑ ﻳﺪﻓﻊ ﺍﻟﻌﻤﻴﻞ ﺿﺮﻳﺒﺔ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻤﻀﺎﻓﺔ‬،‫ﺍﻟﻤﺒﺎﻟﻎ‬
:‫ﺑﺎﻹﺿﺎﻓﺔ ﺇﻟﻰ ﺃﻱ ﺭﺳﻮﻡ ﻭ ﻣﺼﺮﻭﻓﺎﺕ ﻭ ﻋﻤﻮﻻﺕ ﻭ ﻣﺒﺎﻟﻎ ﺃﺧﺮﻯ‬
‫ﺍﻟﻊ‬
Payment
Fee Amount ‫ﺗﺎﺭﻳﺦ ﺍﻟﺴﺪﺍﺩ‬ ‫ﺍﻟﻤﺒﻠﻎ‬ ‫ﻣﻮ‬
Date
‫ﺓ‬
Arrangement Fee AED [insert amount] at the ‫ﺑﺘﺎﺭﻳﺦ ﺗﻮﻗﻴﻊ ﻫﺬﺍ‬ ‫]ﺃﺩﺧﻞ ﺍﻟﻤﺒﻠﻎ[ ﺩﺭﻫﻢ ﺇﻣﺎﺭﺍﺗﻲ‬ ‫ﻋﻤﻮ‬
signature ‫ﺍﻟﺨﻄﺎﺏ‬ ‫ﻟﺔ‬
date of ‫ﺍﻟﺖ‬
this letter. ‫ﺭﺕ‬
‫ﻳﺐ‬
(inclusive of VAT) (‫)ﺷﺎﻣﻞ ﺿﺮﻳﺒﺔ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻤﻀﺎﻓﺔ‬
Prepayment Fee [insert precentage] per cent. of the amount the date ‫ﺗﺎﺭﻳﺦ ﺍﻟﺴﺪﺍﺩ ﺍﻟﻤُﺴﺒﻖ‬ ‫]ﺍﻛﺘﺐ ﺍﻟﻨﺴﺒﺔ[ ﻓﻲ ﺍﻟﻤﺎﺋﺔ ﻣﻦ‬ ‫ﺭﺱ‬
prepaid. of .‫ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﺴﺪﺩ‬ ‫ﻡ‬
prepayme ‫ﺍﻝ‬
nt. ‫ﺳﺪ‬
‫ﺍﺩ‬
ُ‫ﺍﻟﻢ‬
‫ﺱ‬
‫ﺑﻖ‬

(exclusive of VAT) ‫)ﻏﻴﺮ ﺷﺎﻣﻞ ﺿﺮﻳﺒﺔ ﺍﻟﻘﻴﻤﺔ‬

(‫ﺍﻟﻤﻀﺎﻓﺔ‬
Processing Fee as agreed between the Bank and the Customer. at the ‫ﺑﺘﺎﺭﻳﺦ ﺗﻮﻗﻴﻊ ﻫﺬﺍ‬ ‫ﻭﻓﻘﺎً ﻟﻤﺎ ﺗﻢ ﺍﻻﺗﻔﺎﻕ ﻋﻠﻴﻪ‬ ‫ﻋﻤﻮ‬
signature ‫ ﺛﻢ ﺑﺘﺎﺭﻳﺦ ﺃﻱ‬،‫ﺍﻟﺨﻄﺎﺏ‬ .‫ﺑﻴﻦ ﺍﻟﺒﻨﻚ ﻭﺍﻟﻌﻤﻴﻞ‬ ‫ﻟﺔ‬
date of ‫ﺗﺠﺪﻳﺪ ﺃﻭ ﺗﻌﺪﻳﻞ ﻷﻱ‬ ‫ﺍﻹ‬
this letter .‫ﺗﺴﻬﻴﻞ ﺍﺋﺘﻤﺎﻧﻲ‬ ‫ﻋﺪﺍ‬
and, ‫ﺩ‬
thereafter
, on the
date of
any
renewal
or
amendme
nt of any
Credit
Facility.
(inclusive of VAT) (‫)ﺷﺎﻣﻞ ﺿﺮﻳﺒﺔ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻤﻀﺎﻓﺔ‬

BBG/OCFL/V01/ADCB 06102013 Page 6 of 35

7. GENERAL ‫ﺃﺣﻜﺎﻡ ﻋﺎﻣﺔ‬ 7.
Bill/Cheque Discount Amount [insert discount] per cent. Of /‫ ﻣﻦ ﺍﻟﻘﻴﻤﺔ ﺍﻻﺳﻤﻴﺔ ﻷﻱ ﺷﻴﻚ‬% [‫]ﺃﺩﺧﻞ ﺍﻟﺨﺼﻢ‬ ‫ﻗﻴﻤﺔ ﺧﺼﻢ‬
the face amount of any bill or .‫ﻛﻤﺒﻴﺎﻟﺔ ﺃﻭ ﻓﺎﺗﻮﺭﺓ‬ /‫ﺍﻟﺸﻴﻜﺎﺕ‬
cheque. ‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ‬
‫ﻭﺍﻟﻔﻮﺍﺗﻴﺮ‬
Single Issuer Limit [insert limit] per cent. Of the .‫ ﻣﻦ ﺣﺪ ﺍﻟﺘﺴﻬﻴﻞ‬% [‫]ﺃﺩﺧﻞ ﺍﻟﺤﺪ‬ ‫ﺣﺪ ﻛﻞ ﻣﺼﺪﺭ‬
(in relation to Bill/Cheque Discounting Facility) Facility Limit. ً‫ﻣﻨﻔﺮﺩﺍ‬
‫)ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ‬
‫ﺑﺘﺴﻬﻴﻞ‬
‫ﺧﺼﻢ‬
/‫ﺍﻟﺸﻴﻜﺎﺕ‬
‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ‬
(‫ﻭﺍﻟﻔﻮﺍﺗﻴﺮ‬
Loan Against Import/Trust Receipt Facility Interest three months, or any shorter ‫ﺛﻼﺛﺔ ﺃﺷﻬﺮ ﺃﻭ ﺃﻱ ﻓﺘﺮﺓ ﺃﻗﻞ ﻻ ﺗﺘﺠﺎﻭﺯ ﻣﺪﺓ‬ ‫ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ‬
Period period which does not exceed .‫ﺍﻟﺘﺴﻬﻴﻞ‬ ‫ﻟﺘﺴﻬﻴﻞ‬
the Facility Tenor. ‫ﻗﺮﺽ ﻣﻘﺎﺑﻞ‬
/ ‫ﺍﻻﺳﺘﻴﺮﺍﺩ‬
‫ﺇﻳﺼﺎﻝ ﺍﻷﻣﺎﻧﺔ‬
Short Term Loan Facility Interest Period three months, or such shorter ‫ﺛﻼﺛﺔ ﺃﺷﻬﺮ ﺃﻭ ﻓﺘﺮﺓ ﺃﻗﻞ ﻻ ﺗﺘﺠﺎﻭﺯ ﻣﺪﺓ‬ ‫ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ‬
period which does not exceed .‫ﺍﻟﺘﺴﻬﻴﻞ‬ ‫ﻟﺘﺴﻬﻴﻞ‬
the Facility Tenor. ‫ﺍﻟﻘﺮﺽ‬
‫ﻗﺼﻴﺮ ﺍﻷﺟﻞ‬
Invoice Discount Amount [insert discount] per cent. of .‫ ﻣﻦ ﺍﻟﻘﻴﻤﺔ ﺍﻻﺳﻤﻴﺔ ﻷﻳﺔ ﻓﺎﺗﻮﺭﺓ‬% [‫]ﺃﺩﺧﻞ ﺍﻟﺨﺼﻢ‬ ‫ﻗﻴﻤﺔ ﺧﺼﻢ‬
the face amount of any invoice. ‫ﺍﻟﻔﺎﺗﻮﺭﺓ‬
Single Counterparty (Sales Invoice Financing [insert limit] per cent. of the .‫ ﻣﻦ ﺣﺪ ﺍﻟﺘﺴﻬﻴﻞ‬% [‫]ﺃﺩﺧﻞ ﺍﻟﺤﺪ‬ ‫ﺣﺪ ﻛﻞ ﻃﺮﻑ‬
Facility) Limit Facility Limit. ً‫ﻣﻘﺎﺑﻞ ﻣﻨﻔﺮﺩﺍ‬
‫)ﺗﺴﻬﻴﻞ‬
‫ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ‬
(‫ﻣﺒﻴﻌﺎﺕ‬

Single Counterparty (Purchase Invoice Financing [insert limit] per cent. of the .‫ ﻣﻦ ﺣﺪ ﺍﻟﺘﺴﻬﻴﻞ‬% [‫]ﺃﺩﺧﻞ ﺍﻟﺤﺪ‬ ‫ﺣﺪ ﻛﻞ ﻃﺮﻑ‬
Facility) Limit Facility Limit. ً‫ﻣﻘﺎﺑﻞ ﻣﻨﻔﺮﺩﺍ‬
‫)ﺗﺴﻬﻴﻞ‬
‫ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ‬
(‫ﺷﺮﺍﺀ‬

Invoice Financing Facility Interest Period
Invoice Financing Facility Interest Period
Redrawable Term Loan Facility
three months, or any shorter ‫ﺛﻼﺛﺔ ﺃﺷﻬﺮ ﺃﻭﺃﻱ ﻓﺘﺮﺓ ﺃﻗﻞ ﻻ ﺗﺘﺠﺎﻭﺯ ﻣﺪﺓ‬ ‫ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ‬
period which does not exceed .‫ﺍﻟﺘﺴﻬﻴﻞ‬ ‫ﻟﺘﺴﻬﻴﻞ‬
the Facility Tenor. ‫ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ‬
three months, or any shorter ‫ﺛﻼﺛﺔ ﺃﺷﻬﺮ ﺃﻭﺃﻱ ﻓﺘﺮﺓ ﺃﻗﻞ ﻻ ﺗﺘﺠﺎﻭﺯ‬ ‫ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ‬
period which does not exceed .‫ﻣﺪﺓ ﺍﻟﺘﺴﻬﻴﻞ‬ ‫ﻟﺘﺴﻬﻴﻞ‬
the Facility Tenor. ‫ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ‬
Availability Period ‫ﻓﺘﺮﺓ ﺍﻟﺴﺤﺐ ﺍﻟﻤﺘﻮﻓﺮﺓ‬ ‫ﺗﺴﻬﻴﻞ ﻗﺮﺽ‬
The period commencing on the ‫ﺍﻟﻔﺘﺮﺓ ﺍﻟﺘﻲ ﺗﺒﺪﺃ ﺍﻋﺘﺒﺎﺭﺍً ﻣﻦ ﺗﺎﺭﻳﺦ‬ ‫ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ‬
date of this Letter and ending ‫ﻫﺬﺍ ﺍﻟﺨﻄﺎﺏ ﻭﺗﻨﺘﻬﻲ ﻓﻲ ﺍﻟﺘﺎﺭﻳﺦ ﺍﻟﺬﻱ‬
[on the date falling [l] months ‫ [ ﺷﻬﺮﺍً ﻋﻠﻰ‬l] ‫ﻳﺤﻞ ﺑﻌﺪ ﻣﺮﻭﺭ ﻣﺪﺓ‬
after the date of this Letter / ‫ ﺃﻭ ﺃﻱ‬، [ l] ‫ )ﺃﻭ( ﻓﻲ‬/ ‫ﺗﺎﺭﻳﺦ ﻫﺬﺍ ﺍﻟﺨﻄﺎﺏ‬
(or) on [l]], or any other period ً‫ﻣﺪﺓ ﺃﺧﺮﻯ ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ ﻣﻨﺎﺳﺒﺔ ﻭﻓﻘﺎ‬
decided by the Bank at its sole .‫ﻟﺘﻘﺪﻳﺮﻩ ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬
discretion.

Interest Period ‫ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ‬

Three months ‫ﺛﻼﺛﺔ ﺃﺷﻬﺮ‬

Repayment
The Customer shall repay each
Utilisation made under the
Redrawable Term Loan Facility
by paying the Repayment
Amount on each successive
Repayment Date.
In addition, the Customer must
ensure that each Utilisation is
repaid in full on the earlier of (a)
the date occurring 12 months
after the date of that Utilisation;
and (b) the last day of the
Facility Tenor.
‫ﺍﻟﺴﺪﺍﺩ‬
‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﻛﻞ ﺇﺳﺘﻌﻤﺎﻝ‬
‫ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ ﻋﻦ‬
‫ﻃﺮﻳﻖ ﺩﻓﻊ ﻣﺒﻠﻎ ﺍﻟﺴﺪﺍﺩ ﻓﻲ ﺗﻮﺍﺭﻳﺦ‬
. ‫ﺍﻟﺴﺪﺍﺩ ﺑﺎﻟﺘﺘﺎﺑﻊ‬
‫ ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ‬،‫ﺑﺎﻹﺿﺎﻓﺔ ﺇﻟﻰ ﺫﻟﻚ‬
‫ﺍﻟﺘﺄﻛﺪ ﻣﻦ ﺃﻥ ﻛﻞ ﺇﺳﺘﻌﻤﺎﻝ ﻳﺘﻢ ﺳﺪﺍﺩﻩ‬
‫ﺑﺎﻟﻜﺎﻣﻞ ﻓﻲ ﻭﻗﺖ ﺳﺎﺑﻖ )ﺃ( ﻣﻦ ﺗﺎﺭﻳﺦ‬
‫ ﺷﻬﺮﺍ ﺑﻌﺪ ﺗﺎﺭﻳﺦ ﺫﻟﻚ‬12 ‫ﺣﺪﻭﺙ‬
‫ﺍﻹﺳﺘﻌﻤﺎﻝ ﻭ )ﺏ( ﻓﻲ ﺍﻟﻴﻮﻡ ﺍﻷﺧﻴﺮ ﻣﻦ‬
.‫ﻣﺪﺓ ﺍﻹﺳﺘﻌﻤﺎﻝ‬
‫ﻳﻌﻨﻲ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﺴﺎﻭﻱ ﻟــ‬ ‫ﻣﺒﻠﻎ ﺍﻟﺴﺪﺍﺩ‬
.‫) ( ﻣﻦ ﺃﻥ ﺫﻟﻚ ﺍﻹﺳﺘﻌﻤﺎﻝ‬

Repayment Amount means an

amount equal to [one twelth /
one quarter] of that Utilisation. / ‫ﻳﻌﻨﻲ ) ﺍﻟﻴﻮﻡ ﺍﻷﻭﻝ‬ ‫ﺗﺎﺭﻳﺦ ﺍﻟﺴﺪﺍﺩ‬
‫ ﺍﻟﻴﻮﻡ‬/ ‫ﺍﻷﺧﻴﺮ ﻣﻦ ﻛﻞ ﺷﻬﺮ ﻣﻴﻼﺩﻱ‬
.(‫ﺍﻷﺧﻴﺮ ﻣﻦ ﻛﻞ ﻓﺘﺮﺓ ﻓﺎﺋﺪﺓ‬

BBG/OCFL/V01/ADCB 06102013 Page 7 of 35

 Repayment Date means [the
first/last day of each calendar
month/the last day of each
Interest Period].

Utilisation Minimum Amount ‫ﺍﻟﺤﺪ ﺍﻷﺩﻧﻰ ﻟﻤﺒﻠﻎ ﺍﻻﺳﺘﻌﻤﺎﻝ‬

[AED] /[USD] [insert amount] ‫ ]ﺩﻭﻻﺭ‬/ [‫]ﺍﻛﺘﺐ ﺍﻟﻤﺒﻠﻎ[ ]ﺩﺭﻫﻢ ﺇﻣﺎﺭﺍﺗﻲ‬
[‫ﺃﻣﺮﻳﻜﻲ‬

8. INTEREST ‫ﺍﻟﻔﺎﺋﺪﺓ‬ 8.
(a) Interest on the aggregate amount of all outstanding Utilisations: ‫ﺍﻟﻔﺎﺋﺪﺓ ﻋﻠﻰ ﺍﻟﻘﻴﻤﺔ ﺍﻹﺟﻤﺎﻟﻴﺔ ﻟﻜﺎﻓﺔ ﺍﻹﺳﺘﻌﻤﺎﻻﺕ‬ (‫)ﺃ‬
:‫ﺍﻟﻐﻴﺮ ﻣﺴﺪﺩﺓ‬
(i) accrues and is calculated daily in arrears; and ‫ﺗﺘﺮﺍﻛﻢ ﻭﻳﺘﻢ ﺍﺣﺘﺴﺎﺑﻬﺎ ﻳﻮﻣﻴﺎ ﻓﻲ ﺷﻜﻞ‬ (1)
‫ﻣﺘﺂﺧﺮﺍﺕ؛ ﻭ‬
(ii) is capitalised and payable to the Bank promptly on demand by the Bank. ‫ﻳﺘﻢ ﺭﺳﻤﻠﺘﻬﺎ ﻭﺗﻜﻮﻥ ﻭﺍﺟﺒﺔ ﺍﻟﺴﺪﺍﺩ ﺇﻟﻰ ﺍﻟﺒﻨﻚ‬ (2)
.‫ﻓﻮﺭ ﻃﻠﺐ ﺍﻟﺒﻨﻚ ﻟﺬﻟﻚ‬
(b) Each Obligor must, if it fails to pay any amount payable by it under a Transaction ‫ﺇﺫﺍ ﺃﺧﻞ ﺃﻱ ﻣﺘﻌﻬﺪ ﻓﻲ ﺳﺪﺍﺩ ﺃﻱ ﻣﺒﻠﻎ ﻭﺍﺟﺐ ﺍﻟﺴﺪﺍﺩ ﺑﻤﻮﺟﺐ‬ (‫)ﺏ‬
Document on its due date, promptly on demand by the Bank, pay to the Bank ‫ ﻓﻮﺭ‬،‫ ﻳﺠﺐ ﻋﻠﻴﻪ‬،‫ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﻓﻲ ﺗﺎﺭﻳﺦ ﺍﺳﺘﺤﻘﺎﻗﻪ‬
default interest which will accrue on the overdue amount from the due date up to ‫ ﺃﻥ ﻳﺴﺪﺩ ﻓﺎﺋﺪﺓ ﺗﺄﺧﻴﺮ ﺍﻟﺴﺪﺍﺩ ﺇﻟﻰ ﺍﻟﺒﻨﻚ‬،‫ﻃﻠﺐ ﺍﻟﺒﻨﻚ‬
the date of actual payment (both before and after judgment) ‫ﺗﻜﻮﻥ ﻣﺴﺘﺤﻘﺔ ﻋﻠﻰ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﺘﺄﺧﺮ ﻏﻴﺮ ﺍﻟﻤﺴﺪﺩ ﻣﻦ‬
‫ﺗﺎﺭﻳﺦ ﺍﺳﺘﺤﻘﺎﻗﻪ ﻭﺣﺘﻰ ﺗﺎﺭﻳﺦ ﺍﻟﺴﺪﺍﺩ ﺍﻟﻔﻌﻠﻲ )ﺳﻮﺍﺀ‬
(‫ﻗﺒﻞ ﻭﺑﻌﺪ ﺍﻟﺤﻜﻢ‬
(i) at a rate which is: :‫ﺑﻨﺴﺒﺔ‬ (1)
at any time [l] % higher % [ l] ‫ﺗﺘﺠﺎﻭﺯ ﻓﻲ ﺃﻱ ﻭﻗﺖ‬
in each case, than the Applicable Rate which would have been payable if the ‫ ﻭﺍﻟﺘﻲ‬،‫ ﻓﻲ ﺟﻤﻴﻊ ﺍﻷﺣﻮﺍﻝ‬،‫ﻋﻦ ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﻄﺒﻘﺔ‬
overdue amount had, during the period of non-payment, constituted a ‫ﻛﺎﻥ ﻣﻦ ﺍﻟﻤﻔﺮﻭﺽ ﺃﻥ ﺗﻜﻮﻥ ﻣﺴﺘﺤﻘﺔ ﺍﻟﺴﺪﺍﺩ ﻟﻮ ﻛﺎﻥ‬
Utilisation in the currency of the overdue amount; or ‫ ﺧﻼﻝ ﻓﺘﺮﺓ ﻋﺪﻡ‬،ّ‫ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﺘﺄﺧﺮ ﻏﻴﺮ ﺍﻟﻤﺴﺪﺩ ﻳﻌﺪ‬
‫ ﺷﻜﻼً ﻣﻦ ﺃﺷﻜﺎﻝ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺑﻌﻤﻠﺔ ﺍﻟﻤﺒﻠﻎ‬،‫ﺍﻟﺴﺪﺍﺩ‬
‫ﺍﻟﻤﺘﺄﺧﺮ ﻏﻴﺮ ﺍﻟﻤﺴﺪﺩ؛ ﺃﻭ‬
(ii) following any decision by the Bank to cancel or not to renew any Facility, at a ‫ ﺑﻌﺪ ﺍﺗﺨﺎﺫ ﺍﻟﺒﻨﻚ ﺃﻱ ﻗﺮﺍﺭ‬،‫ﺑﻨﺴﺒﺔ ﻳﺤﺪﺩﻫﺎ ﺍﻟﺒﻨﻚ‬ (2)
rate determined by the Bank. .‫ﺑﺈﻟﻐﺎﺀ ﺃﻭ ﻋﺪﻡ ﺗﺠﺪﻳﺪ ﺃﻱ ﺗﺴﻬﻴﻞ‬
(c) Default interest (if unpaid) accruing on an overdue amount will, at the end of each ‫ﻓﺎﺋﺪﺓ ﺍﻟﺘﺄﺧﻴﺮ )ﻓﻲ ﺣﺎﻟﺔ ﻋﺪﻡ ﺳﺪﺍﺩﻫﺎ( ﺍﻟﻤﺴﺘﺤﻘﺔ ﻋﻠﻰ‬ (‫)ﺝ‬
Interest Period applicable to the overdue amount: ‫ ﻓﻲ ﻧﻬﺎﻳﺔ ﻛﻞ ﻓﺘﺮﺓ ﻓﺎﺋﺪﺓ‬،‫ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﺘﺄﺧﺮ ﻏﻴﺮ ﺍﻟﻤﺴﺪﺩ‬
:‫ﻣُﻄﺒﻘﺔ ﻋﻠﻰ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﺘﺄﺧﺮ ﻏﻴﺮ ﺍﻟﻤﺴﺪﺩ‬
(i) be compounded with the overdue amount; and ‫ﺳﻴﺘﻢ ﺇﺿﺎﻓﺘﻬﺎ ﻣﻊ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﺘﺄﺧﺮ ﻏﻴﺮ ﺍﻟﻤﺴﺪﺩ؛‬ (1)
‫ﻭ‬
(ii) remain immediately due and payable. .‫ﺳﺘﻈﻞ ﻣﺴﺘﺤﻘﺔ ﻭﻭﺍﺟﺒﺔ ﺍﻟﺴﺪﺍﺩ ﻋﻠﻰ ﺍﻟﻔﻮﺭ‬ (2)

9. OPENING CREDIT FACILITY LETTER AND STANDARD TERMS ‫ﺧﻄﺎﺏ ﻓﺘﺢ ﺗﺴﻬﻴﻼﺕ ﺍﺋﺘﻤﺎﻧﻴﺔ ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬ 9.
Unless defined otherwise or the context otherwise requires: :‫ ﺃﻭ ﻳﻘﺘﻀﻴﻪ ﺍﻟﻨﺺ‬،‫ﻣﺎ ﻟﻢ ﻳﻜﻦ ﻫﻨﺎﻙ ﻣﺎ ﻳﻨﺺ ﻋﻠﻰ ﺧﻼﻑ ﺫﻟﻚ‬
(a) terms defined in the Standard Terms have the same meanings in this Opening ‫ﺳﻴﻜﻮﻥ ﻟﻠﻤﺼﻄﻠﺤﺎﺕ ﺍﻟﻤﺬﻛﻮﺭﺓ ﻓﻲ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬ (‫)ﺃ‬

Credit Facility Letter; and ‫ﺫﺍﺕ ﺍﻟﻤﻌﻨﻰ ﻋﻨﺪ ﺇﺳﺘﺨﺪﺍﻣﻬﺎ ﻓﻲ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ‬
‫ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ؛ ﻭ‬
(b) the provisions of clause 2 (Interpretation) of schedule 1 (Definitions and ‫ )ﺍﻟﺘﻔﺴﻴﺮ( ﻣﻦ ﺍﻟﻤﻠﺤﻖ ﺍﻷﻭﻝ‬2 ‫ﺗُﻄﺒﻖ ﺃﺣﻜﺎﻡ ﺍﻟﻤﺎﺩﺓ‬ (‫)ﺏ‬

Interpretation) of the Standard Terms apply to this Opening Credit Facility Letter as ‫)ﺍﻟﺘﻌﺮﻳﻔﺎﺕ ﻭﺍﻟﺘﻔﺴﻴﺮ( ﻣﻦ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻋﻠﻰ‬
though set out in full in this Opening Credit Facility Letter except that references in ‫ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ ﻛﻤﺎ ﻫﻮ ﻣﻨﺼﻮﺹ‬
the Standard Terms to "these Standard Terms" are construed as references to this ‫ﻋﻠﻴﻪ ﺗﻔﺼﻴﻼً ﻓﻲ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ‬
Opening Credit Facility Letter. ‫ ﻣﺎ ﻋﺪﺍ ﺍﻹﺷﺎﺭﺍﺕ ﻓﻲ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬،‫ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ‬
‫ﺇﻟﻰ "ﻫﺬﻩ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ" ﻭﺍﻟﺘﻲ ﻳﺠﺐ ﺃﻥ ﺗُﻔﺴّﺮ‬
.‫ﻛﺈﺷﺎﺭﺍﺕ ﺇﻟﻰ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ‬

10. AMENDMENT, WAIVER, CANCELLATION AND TERMINATION ‫ﺍﻟﺘﻌﺪﻳﻞ ﻭﺍﻟﺘﻨﺎﺯﻝ ﻭﺍﻹﻟﻐﺎﺀ ﻭﺍﻹﻧﻬﺎﺀ‬ 10.
The Bank may, at any time and at its sole discretion, amend, waive, cancel or terminate any ‫ ﺗﻌﺪﻳﻞ‬،‫ ﺑﺤﺴﺐ ﺗﻘﺪﻳﺮﻩ ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﻓﻲ ﺃﻱ ﻭﻗﺖ‬
Transaction Document in accordance with clause 25 (Amendments and waivers) of the 25 ‫ ﻭﻓﻘﺎً ﻟﻠﻤﺎﺩﺓ‬،‫ﺃﻭ ﺍﻟﺘﻨﺎﺯﻝ ﻋﻦ ﺃﻭ ﺇﻟﻐﺎﺀ ﺃﻭ ﺇﻧﻬﺎﺀ ﺃﻱ ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ‬
Standard Terms. .‫"ﺍﻟﺘﻌﺪﻳﻼﺕ ﻭﺍﻟﺘﺨﻠﻲ ﻋﻦ ﺍﻟﺤﻘﻮﻕ" ﻣﻦ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬
In addition, for Corporate Customer only: :‫ ﻭﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺍﻟﻌﻤﻴﻞ ﺍﻹﻋﺘﺒﺎﺭﻱ ﻓﻘﻂ‬،‫ﻭﺑﺎﻹﺿﺎﻓﺔ ﺇﻟﻰ ﺫﻟﻚ‬
(a) The Customer must promptly notify the Bank if it becomes aware that any change ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺇﺧﻄﺎﺭ ﺍﻟﺒﻨﻚ ﻋﻠﻰ ﻧﺤﻮ ﻋﺎﺟﻞ ﺑﻤﺎ ﺇﺫﺍ‬ (‫)ﺃ‬
of control has occurred or is expected or reasonably likely to occur; ‫ﺃﺻﺒﺢ ﻋﻠﻰ ﻋﻠﻢ ﺑﻮﻗﻮﻉ ﺃﻱ ﺗﻐﻴﻴﺮ ﻓﻲ ﺍﻹﺩﺍﺭﺓ ﺃﻭ ﻣﺘﻮﻗﻊ‬
‫ﺣﺪﻭﺛﻪ ﻋﻠﻰ ﻧﺤﻮ ﻣﻌﻘﻮﻝ؛‬
(b) After a change of control, the Bank may notify the Customer that: ‫ ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﺇﺧﻄﺎﺭ ﺍﻟﻌﻤﻴﻞ ﺑﻤﺎ‬،‫ﺑﻌﺪ ﺗﻐﻴﻴﺮ ﺍﻹﺩﺍﺭﺓ‬ (‫)ﺏ‬
:‫ﻳﻠﻲ‬
(i) all outstanding Utilisations under the Credit Facilities, together with accrued ‫ﺃﻥ ﻛﺎﻓﺔ ﺍﻻﺳﺘﻌﻤﺎﻻﺕ ﻏﻴﺮ ﺍﻟﻤﺴﺪﺩﺓ ﺑﻤﻮﺟﺐ‬ (1)
interest and all other amounts accrued under the Transaction Documents, ‫ ﻣﻊ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺮﺍﻛﻤﺔ‬،‫ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻹﺋﺘﻤﺎﻧﻴﺔ‬
are immediately due and payable; ،‫ﻭﻛﺎﻓﺔ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﺘﺮﺍﻛﻤﺔ ﺑﻤﻮﺟﺐ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ‬
‫ﻣﺴﺘﺤﻘﺔ ﻭ ﻭﺍﺟﺒﺔ ﺍﻟﺴﺪﺍﺩ ﻋﻠﻰ ﺍﻟﻔﻮﺭ؛‬
(ii) the Credit Facilities are immediately cancelled, and ‫ﺇﻟﻐﺎﺀ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻹﺋﺘﻤﺎﻧﻴﺔ ﻋﻠﻰ ﺍﻟﻔﻮﺭ؛ ﻭ‬ (2)
(i) the Customer must deposit an amount equal to any outstanding Letters of ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺇﻳﺪﺍﻉ ﻣﺒﻠﻎ ﻳﺴﺎﻭﻱ ﺃﻱ ﺧﻄﺎﺑﺎﺕ‬ (3)
Credit and Letters of Guarantee into the Margin Account. .‫ﺇﻋﺘﻤﺎﺩ ﻭﺧﻄﺎﺑﺎﺕ ﺿﻤﺎﻥ ﻋﺎﻟﻘﺔ ﻓﻲ ﺣﺴﺎﺏ ﺍﻟﻬﺎﻣﺶ‬
For the purposes of this Clause 10: : 10 ‫ﻷﻏﺮﺍﺽ ﺗﺘﻌﻠﻖ ﺑﻬﺬﻩ ﺍﻟﻤﺎﺩﺓ‬
(a) a change of control occurs if: :‫ﻳﺤﺪﺙ ﺗﻐﻴﻴﺮ ﺍﻹﺩﺍﺭﺓ ﻓﻲ ﺣﺎﻟﺔ‬ (‫)ﺃ‬
(i) any person or group of persons acting in concert gains control of the ‫ﺳﻴﻄﺮﺓ ﺃﻱ ﺷﺨﺺ ﺃﻭ ﻣﺠﻤﻮﻋﺔ ﺃﺷﺨﺎﺹ ﻣﺘﺼﺮﻓﻴﻦ‬ (1)
Customer; or ‫ ﻋﻠﻰ ﺇﺩﺍﺭﺓ ﺍﻟﻌﻤﻴﻞ؛ ﺃﻭ‬،‫ﺑﺎﻻﺗﻔﺎﻕ‬

BBG/OCFL/V01/ADCB 06102013 Page 8 of 35

 (ii) any Significant Shareholder or any combination of Significant Shareholders ‫ﺗﻮﻗﻒ ﺃﻱ ﻣﺴﺎﻫﻢ ﺭﺋﻴﺴﻲ ﺃﻭ ﺃﻱ ﻣﺠﻤﻮﻋﺔ ﻣﻦ ﺍﻟﻤﺴﺎﻫﻤﻴﻦ‬ (2)
ceases to own, legally or beneficially, directly or indirectly, through wholly or‫ ﺳﻮﺍﺀ ﺑﺸﻜﻞ ﻗﺎﻧﻮﻧﻲ ﺃﻭ‬،‫ﺍﻟﺮﺋﻴﺴﻴﻴﻦ ﻋﻦ ﺍﻣﺘﻼﻙ‬
partially owned Subsidiaries, the majority of the issued share capital of the ‫ ﻣﻦ ﺧﻼﻝ‬،‫ ﺃﻭ ﺑﺸﻜﻞ ﻣﺒﺎﺷﺮ ﺃﻭ ﻏﻴﺮ ﻣﺒﺎﺷﺮ‬،‫ﻧﻔﻌﻲ‬
Customer or otherwise to control the Customer; ‫ ﺃﻏﻠﺒﻴﺔ‬،‫ﺷﺮﻛﺎﺕ ﺗﺎﺑﻌﺔ ﻣﻤﻠﻮﻛﺔ ﺟﺰﺋﻴﺎً ﺃﻭ ﺑﺎﻟﻜﺎﻣﻞ‬
‫ﺭﺃﺱ ﻣﺎﻝ ﺍﻷﺳﻬﻢ ﺍﻟﺼﺎﺩﺭﺓ ﻟﻠﻌﻤﻴﻞ ﺃﻭ ﺍﻟﺘﻮﻗﻒ ﻋﻦ‬
.‫ﺍﺩﺍﺭﺗﻬﻢ ﻟﻠﻌﻤﻴﻞ‬
(b) “acting in concert” means acting together pursuant to an agreement or ً‫ﻳﻘﺼﺪ ﺑﻌﺒﺎﺭﺓ "ﻣﺘﺼﺮﻓﻴﻦ ﺑﺎﻻﺗﻔﺎﻕ" ﺍﻟﺘﺼﺮﻑ ﻣﻌﺎ‬ (‫)ﺏ‬
understanding (whether formal or informal); and ‫ﺑﻤﻮﺟﺐ ﺍﺗﻔﺎﻕ ﺃﻭ ﺗﻔﺎﻫﻢ )ﺳﻮﺍﺀ ﺑﺸﻜﻞ ﺭﺳﻤﻲ ﺃﻭ ﻏﻴﺮ‬
‫ﺭﺳﻤﻲ(؛ ﻭ‬
(c) “control” means the power to direct the management and to, appoint
policies
the ‫ﻭﻳﻘﺼﺪ ﺑﻜﻠﻤﺔ "ﺇﺩﺍﺭﺓ" ﺳﻠﻄﺔ ﺗﻮﺟﻴﻪ ﺍﻹﺩﺍﺭﺓ ﻭﺳﻴﺎﺳﺎﺕ‬ (‫)ﺝ‬
majority of directors of an entity, whether through the ownership of voting capital, ‫ ﺳﻮﺍﺀ ﻣﻦ‬، ‫ﻭ ﺗﻌﻴﻴﻦ ﺃﻏﻠﺒﻴﺔ ﺃﻋﻀﺎﺀ ﻣﺠﻠﺲ ﺍﻹﺩﺍﺭﺓ‬ ‫ﺍﻟﻜﻴﺎﻥ‬
by contract or otherwise. ‫ﺧﻼﻝ ﻣﻠﻜﻴﺔ ﺭﺃﺱ ﺍﻟﻤﺎﻝ ﺍﻟﺬﻱ ﻳﻤﻨﺢ ﺣﻖ ﺍﻟﺘﺼﻮﻳﺖ ﺃﻭ‬
.‫ﺑﺎﻟﺘﻌﺎﻗﺪ ﺃﻭ ﺑﺄﻱ ﻭﺳﻴﻠﺔ ﺃﺧﺮﻯ‬

11. COUNTERPARTS ‫ﺍﻟﻨﺴﺦ ﺍﻟﻤﺘﻄﺎﺑﻘﺔ‬ 11.

This Opening Credit Facility Letter and each other Transaction Document may be executed ‫ ﻭﻛﻞ ﻭﺛﻴﻘﺔ‬،‫ﻳﺠﻮﺯ ﺗﻮﻗﻴﻊ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ‬
in any number of counterparts. This has the same effect as if the signatures on the ‫ ﻭﻳﻜﻮﻥ ﻟﻜﻞ ﻧﺴﺨﺔ‬.‫ ﻓﻲ ﺃﻱ ﻋﺪﺩ ﻣﻦ ﺍﻟﻨﺴﺦ ﺍﻟﻤﺘﻄﺎﺑﻘﺔ‬،‫ﻣﻌﺎﻣﻠﺔ ﺃﺧﺮﻯ‬
counterparts were on a single copy of the Transaction Document. ‫ ﻛﻤﺎ ﻟﻮ ﺃﻥ ﺍﻟﺘﻮﻗﻴﻊ ﻋﻠﻴﻬﺎ ﺟﻤﻴﻌﺎً ﻣﻮﺿﻮﻉ ﻋﻠﻰ ﻧﺴﺨﺔ ﻭﺍﺣﺪﺓ‬،‫ﺫﺍﺕ ﺍﻷﺛﺮ‬
.‫ﻣﻦ ﻭﺛﻴﻘﺔ ﺍﻟﻤﻌﺎﻣﻠﺔ‬

12. GOVERNING LAW ‫ﺍﻟﻘﺎﻧﻮﻥ ﺍﻟﻤُﻄﺒﻖ‬ 12.

This Opening Credit Facility Letter and each other Finance Document, and any non- ‫ ﻭﻛﻞ‬،‫ﻳﺨﻀﻊ ﻭﻳُﻔﺴّﺮ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ‬
contractual obligations arising out of or in connection with this Opening Credit Facility Letter ‫ ﻭﺃﻳﺔ ﻣﻮﺟﺒﺎﺕ ﻏﻴﺮ ﺗﻌﺎﻗﺪﻳﺔ‬،‫ﻭﺛﻴﻘﺔ ﻣﻦ ﻭﺛﺎﺋﻖ ﺍﻟﺘﻤﻮﻳﻞ ﺍﻷﺧﺮﻯ‬
or any other Finance Document, are governed by and construed in accordance with the laws ‫ ﺃﻭ‬،‫ﺗﻨﺸﺄ ﻋﻦ ﺃﻭ ﻓﻴﻤﺎ ﻳﺨﺺ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ‬
of the Relevant Emirate and, to the extent applicable in the Relevant Emirate, the federal ‫ ﻟﻘﻮﺍﻧﻴﻦ ﺍﻹﻣﺎﺭﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﻭﺍﻟﻘﻮﺍﻧﻴﻦ‬،‫ﺃﻱ ﻭﺛﻴﻘﺔ ﺗﻤﻮﻳﻞ ﺃﺧﺮﻯ‬
laws of the UAE. ‫ ﺇﻟﻰ ﺍﻟﺤﺪ ﺍﻟﺬﻱ ﺗﻄﺒﻖ ﻓﻴﻬﺎ ﺗﻠﻚ ﺍﻟﻘﻮﺍﻧﻴﻦ‬،‫ﺍﻻﺗﺤﺎﺩﻳﺔ ﻟﺪﻭﻟﺔ ﺍﻹﻣﺎﺭﺍﺕ‬
.‫ﻓﻲ ﻫﺬﻩ ﺍﻹﻣﺎﺭﺓ‬

13. ENFORCEMENT ‫ﺍﻟﺘﻨﻔﻴﺬ‬ 13.

The provisions of clause 29 (Enforcement) of the Standard Terms apply to this Opening
Credit Facility Letter as though set out in full in this Opening Credit Facility Letter except that
references in the Standard Terms to “these Standard Terms” are construed as references to
this Opening Credit Facility Letter.
‫ )ﺍﻟﺘﻨﻔﻴﺬ( ﻣﻦ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻋﻠﻰ ﺧﻄﺎﺏ‬29 ‫ﺗُﻄﺒﻖ ﺃﺣﻜﺎﻡ ﺍﻟﻤﺎﺩﺓ‬
ً‫ ﻛﻤﺎ ﻫﻮ ﻣﻨﺼﻮﺹ ﻋﻠﻴﻪ ﺗﻔﺼﻴﻼ‬،‫ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ‬
‫ ﻣﺎ ﻋﺪﺍ ﺍﻹﺷﺎﺭﺍﺕ ﻓﻲ‬،‫ﻓﻲ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ‬
‫ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﺇﻟﻰ "ﻫﺬﻩ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ" ﻭﺍﻟﺘﻲ ﻳﺠﺐ ﺃﻥ‬
.‫ﺗُﻔﺴّﺮ ﻛﺈﺷﺎﺭﺍﺕ ﺇﻟﻰ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ‬

BBG/OCFL/V01/ADCB 06102013 Page 9 of 35

 SCHEDULE 1
Conditions Precedent
The Customer must deliver to the Bank, or procure the delivery to the Bank
of, each of the following documents, duly executed by each of the parties to it:
1. Finance Documents
(a) The Opening Credit Facility Letter.
(b) The Standard Terms.
2. Security Documents
(a) [Guarantee given by [insert name of Guarantor] in favour of
the Bank.]
(b) [SPECIFY SECURITY DOCUMENTS.]
3. Authorising Documents
(a) In respect of each Individual Obligor:
(i) a certified copy of the current passport and/or current identity
card of the Individual Obligor;
(ii) in respect only of any Individual Obligor who is not a national
of the UAE, a certified copy of the current residency visa of
the Individual Obligor;
(iii) if requested by the Bank, a certified copy of the personal
(A) net
worth statement of the Individual Obligor, in form and
substance satisfactory to the Bank.
(b) In respect of each Individual Obligor who is acting on behalf of the
legal heirs to a deceased's estate:
(i) a certificate of succession issued by the Shari'a court in
favour of the Individual Obligor; and
(ii) a power of attorney granted by the legal heirs of a deceased
in favour of the Individual Obligor.
(c) In respect of each Corporate Obligor:
(i) a certified copy of the constitutional documents of the
Corporate Obligor which complies with the laws of its
jurisdiction of incorporation, including any articles of
incorporation, current trade or professional licence, current
commercial registration certificate and current chamber of
commerce registration certificate;
(ii) which is a public joint stock company, private joint stock
company, limited liability company or other entity subject to
UAE Federal Law no. 2 of 2015 concerning Commercial
Companies and, the term of any Facility is greater than three
years or security is being granted, a certified copy of:
(A) the constitutional documents of the Corporate Obligor
evidencing an express power of the Corporate Obligor
to enter into the Transaction Documents to which it is
party; or
(B) a resolution of the shareholders of the Corporate
Obligor approving the terms of this Opening Credit
Facility Letter and each other Transaction Document to
which it is party and resolving to enter into this
Opening Credit Facility Letter and any other
Transaction Document to which it is party;
evidencing that the Corporate Obligor has the power to enter into,
and perform the obligations under, the Transaction Documents
including (in each case, to the extent applicable) an expressed
authority to borrow and/or guarantee a debt for a period in excess
of three years, to provide security over its assets for the benefit of a
third party and to enter into an agreement to arbitrate;
(iii) a certified copy of a resolution of the board of directors of the
Corporate Obligor approving the terms of this Opening Credit
Facility Letter and any other Transaction Document to which it
is party and resolving to enter into this Opening Credit Facility
Letter and any other Transaction Document to which it is party;
(iv) a certified copy of each document evidencing the authority of
each person authorised on behalf of the Corporate Obligor to
enter into this Opening Credit Facility Letter and any other
Transaction Document to which it is party;
(v) a certified copy of the passport of each person authorised on
behalf of the Corporate Obligor to enter into this Opening
Credit Facility Letter and any other Transaction Document to
which it is party, and, if required by the Bank, each partner,
BBG/OCFL/V01/ADCB 06102013 Page 10 of 35
1 ‫ﺍﻟﻤﻠﺤﻖ‬
‫ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺴﺒﻘﺔ‬
‫ﺍﻟﻤﺴﺘﻨﺪﺍﺕ‬/‫ ﻛﻞ ﻣﻦ ﺍﻟﻮﺛﺎﺋﻖ‬،‫ ﺃﻭ ﺿﻤﺎﻥ ﺗﺴﻠﻴﻢ‬،‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺗﺴﻠﻴﻢ‬
:‫ ﻋﻠﻰ ﺃﻥ ﺗﻜﻮﻥ ﻣﻮﻗّﻌﺔ ﺃﺻﻮﻻً ﻣﻦ ﻛﻞ ﺍﻷﻃﺮﺍﻑ‬،‫ﺍﻟﺘﺎﻟﻴﺔ ﺇﻟﻰ ﺍﻟﺒﻨﻚ‬
‫ﻭﺛﺎﺋﻖ ﺍﻟﺘﻤﻮﻳﻞ‬ 1.
.‫ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ‬ (‫)ﺃ‬
.‫ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬ (‫)ﺏ‬
‫ﻭﺛﺎﺋﻖ ﺍﻟﻀﻤﺎﻥ‬ 2.
[‫]ﺍﻟﻜﻔﺎﻟﺔ ﺍﻟﻤﻘﺪﻣﺔ ﻣﻦ ]ﺃﺩﺧﻞ ﺍﺳﻢ ﺍﻟﻜﻔﻴﻞ[ ﻟﺼﺎﻟﺢ ﺍﻟﺒﻨﻚ‬ (1)
[‫]ﺍﺫﻛﺮ ﻭﺛﺎﺋﻖ ﺍﻟﻀﻤﺎﻥ‬ (2)
‫ﻭﺛﺎﺋﻖ ﺍﻟﺘﻔﻮﻳﺾ‬ 3.
:‫ﺑﺨﺼﻮﺹ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻟﻔﺮﺩﻱ‬ (‫)ﺃ‬
‫ﺃﻭ ﺑﻄﺎﻗﺔ ﺍﻟﻬﻮﻳﺔ‬/‫ﻧﺴﺨﺔ ﻣﺼﺪﻗﺔ ﻣﻦ ﺟﻮﺍﺯ ﺍﻟﺴﻔﺮ ﺳﺎﺭﻱ ﺍﻟﻤﻔﻌﻮﻝ ﻭ‬ (1)
‫ﺳﺎﺭﻳﺔ ﺍﻟﻤﻔﻌﻮﻝ ﻟﻠﻤﺘﻌﻬﺪ ﺍﻟﻔﺮﺩﻱ؛‬
‫ﺑﺨﺼﻮﺹ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻟﻔﺮﺩﻱ ﻣﻦ ﻏﻴﺮ ﻣﻮﺍﻃﻨﻲ ﺩﻭﻟﺔ ﺍﻹﻣﺎﺭﺍﺕ‬ (2)
‫ ﻧﺴﺨﺔ ﻣﺼﺪﻗﺔ ﻣﻦ ﺗﺄﺷﻴﺮﺓ ﺍﻹﻗﺎﻣﺔ ﺳﺎﺭﻳﺔ‬،‫ﺍﻟﻌﺮﺑﻴﺔ ﺍﻟﻤﺘﺤﺪﺓ‬
‫ﺍﻟﻤﻔﻌﻮﻝ ﻟﻠﻤﺘﻌﻬﺪ ﺍﻟﻔﺮﺩﻱ؛‬
‫ﻧﺴﺨﺔ ﻣﺼﺪﻗﺔ ﻣﻦ ﻛﺸﻒ ﺻﺎﻓﻲ ﺍﻟﺜﺮﻭﺓ ﺍﻟﺸﺨﺼﻴﺔ ﻟﻠﻤﺘﻌﻬﺪ‬ (3)
‫ ﺑﺎﻟﺸﻜﻞ ﻭﺍﻟﻤﻀﻤﻮﻥ ﻭﺑﺎﻟﻄﺮﻳﻘﺔ ﺍﻟﺘﻲ‬،‫ ﺇﺫﺍ ﻃﻠﺐ ﺍﻟﺒﻨﻚ‬،‫ﺍﻟﻔﺮﺩﻱ‬
.‫ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ ﻣﻘﺒﻮﻟﺔ‬
‫ﺑﺨﺼﻮﺹ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻟﻔﺮﺩﻱ ﺍﻟﺬﻱ ﻳﺘﺼﺮﻑ ﻧﻴﺎﺑﺔً ﻋﻦ ﺍﻟﻮﺭﺛﺔ‬ (‫)ﺏ‬
:‫ﺍﻟﺸﺮﻋﻴﻴﻦ ﻟﻠﺘﺮﻛﺔ‬
‫ﺷﻬﺎﺩﺓ ﺣﺼﺮ ﺇﺭﺙ ﺻﺎﺩﺭﺓ ﻣﻦ ﻣﺤﻜﻤﺔ ﺷﺮﻋﻴﺔ ﻟﺼﺎﻟﺢ ﺍﻟﻤﺘﻌﻬﺪ‬ (1)
‫ﺍﻟﻔﺮﺩﻱ؛ ﻭ‬
‫ﻭﻛﺎﻟﺔ ﺭﺳﻤﻴﺔ ﻗﺎﻧﻮﻧﻴﺔ ﻣﻤﻨﻮﺣﺔ ﻣﻦ ﺍﻟﻮﺭﺛﺔ ﺍﻟﺸﺮﻋﻴﻴﻦ ﻟﻠﻤﺘﻮﻓﻲ‬ (2)
.‫ﻟﺼﺎﻟﺢ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻟﻔﺮﺩﻱ‬
:‫ﺑﺨﺼﻮﺹ ﻛﻞ ﻣﺘﻌﻬﺪ ﺍﻋﺘﺒﺎﺭﻱ‬ (‫)ﺝ‬
‫ﻧﺴﺨﺔ ﻣﺼﺪﻗﺔ ﻣﻦ ﺍﻟﻤﺴﺘﻨﺪﺍﺕ ﺍﻟﺘﺄﺳﻴﺴﻴﺔ ﻟﻠﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ‬ (1)
‫ﻭﺍﻟﺘﻲ ﺗﻤﺘﺜﻞ ﻟﻘﻮﺍﻧﻴﻦ ﺍﻟﺴﻠﻄﺔ ﺍﻟﻘﻀﺎﺋﻴﺔ ﺍﻟﺘﻲ ﻳﻘﻊ ﻓﻲ‬
‫ ﺷﺎﻣﻠﺔً ﻋﻘﺪ ﺍﻟﺘﺄﺳﻴﺲ‬،‫ﺩﺍﺋﺮﺓ ﺍﺧﺘﺼﺎﺻﻬﺎ ﻣﻜﺎﻥ ﺍﻟﺘﺄﺳﻴﺲ‬
‫ﻭﺍﻟﺮﺧﺼﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ ﻭﺍﻟﻤﻬﻨﻴﺔ ﺳﺎﺭﻳﺔ ﺍﻟﻤﻔﻌﻮﻝ ﻭﺷﻬﺎﺩﺓ ﺍﻟﺴﺠﻞ‬
‫ﺍﻟﺘﺠﺎﺭﻱ ﺳﺎﺭﻳﺔ ﺍﻟﻤﻔﻌﻮﻝ ﻭﺷﻬﺎﺩﺓ ﺗﺴﺠﻴﻞ ﺍﻟﻐﺮﻓﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ‬
‫ﺳﺎﺭﻳﺔ ﺍﻟﻤﻔﻌﻮﻝ؛‬
‫ ﺷﺮﻛﻪ ﺫﺍﺕ‬، ‫ ﺷﺮﻛﺔ ﻣﺴﺎﻫﻤﺔ ﺧﺎﺻﺔ‬، ‫ﺇﺫﺍ ﻛﺎﻧﺖ ﺷﺮﻛﺔ ﻣﺴﺎﻫﻤﺔ ﻋﺎﻣﺔ‬ (2)
‫ﻣﺴﺆﻭﻟﻴﺔ ﻣﺤﺪﻭﺩﻩ ﺃﻭ ﻏﻴﺮﻫﺎ ﻣﻦ ﺍﻟﺸﺮﻛﺎﺕ ﺍﻟﺨﺎﺿﻌﺔ ﻟﻠﻘﺎﻧﻮﻥ‬
‫ ﺣﻴﺚ‬، ‫ ﻓﻲ ﺷﺄﻥ ﺍﻟﺸﺮﻛﺎﺕ ﺍﻟﺘﺠﺎﺭﻳﺔ ﻭ‬2015 ‫ ﻋﺎﻡ‬2 ‫ﺍﻻﺗﺤﺎﺩﻱ ﺭﻗﻢ‬
‫ﺗﻜﻮﻥ ﻣﺪﺓ ﺃﻱ ﺗﺴﻬﻴﻞ ﺃﻛﺜﺮ ﻣﻦ ﺛﻼﺙ ﺳﻨﻮﺍﺕ ﺃﻭ ﺗﺰﻭﻳﺪ ﺑﻀﻤﺎﻧﺎﺕ‬
:‫ ﻳﺠﺐ ﺗﻘﺪﻳﻢ ﻧﺴﺨﺔ ﻣﺼﺪﻗﺔ ﻣﻦ‬،
‫ﺍﻟﻤﺴﺘﻨﺪﺍﺕ ﺍﻟﺘﺄﺳﻴﺴﻴﺔ ﻟﻠﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ ﺍﻟﺘﻲ‬ (‫)ﺃ‬
‫ﺗﺜﺒﺖ ﺳﻠﻄﺔ ﻭﺻﻼﺣﻴﺔ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ ﺍﻟﺼﺮﻳﺤﺔ‬
ً‫ﻟﺘﻮﻗﻴﻊ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ ﻳﻜﻮﻥ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ ﻃﺮﻓﺎ‬
‫ﻓﻴﻬﺎ ؛ ﺃﻭ‬
‫ﻗﺮﺍﺭ ﻣﻦ ﻣﺴﺎﻫﻤﻲ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ ﺑﺎﻟﻤﻮﺍﻓﻘﺔ ﻋﻠﻰ ﺷﺮﻭﻁ‬ (‫)ﺏ‬
‫ ﻭﺃﻱ ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ‬،‫ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ‬
‫ ﻭﻗﺮﺍﺭ‬،‫ﺃﺧﺮﻯ ﻳﻜﻮﻥ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ ﻃﺮﻓﺎً ﻓﻴﻬﺎ‬
‫ﺍﻟﻤﺒﺎﺷﺮﺓ ﺑﺘﻮﻗﻴﻊ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ‬
‫ﻭﺃﻱ ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﺃﺧﺮﻯ ﻳﻜﻮﻥ ﻃﺮﻓﺎً ﻓﻴﻬﺎ؛‬
،‫ﺗﺜﺒﺖ ﺳﻠﻄﺔ ﻭﺻﻼﺣﻴﺔ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ ﺍﻟﺼﺮﻳﺤﺔ ﻟﺘﻮﻗﻴﻊ‬
‫ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ ﺑﻤﺎ ﻓﻲ‬،‫ﻭﺗﻨﻔﻴﺬ ﺍﻻﻟﺘﺰﺍﻣﺎﺕ ﺍﻟﻤﻨﺼﻮﺹ ﻋﻠﻴﻬﺎ ﻓﻲ‬
‫ ﺇﻟﻰ ﺍﻟﺤﺪ ﺍﻟﻘﺎﺑﻞ ﻟﻠﺘﻄﺒﻴﻖ( ﺍﻟﺘﻌﺒﻴﺮ ﺍﻟﺼﺮﻳﺢ‬،‫ﺫﻟﻚ )ﻓﻲ ﻛﻞ ﺣﺎﻟﺔ‬
،‫ﺃﻭ ﻛﻔﺎﻟﺔ ﺍﻟﺪﻳﻮﻥ ﻟﻤﺪﺓ ﺗﺰﻳﺪ ﻋﻦ ﺛﻼﺙ ﺳﻨﻮﺍﺕ‬/‫ﻋﻦ ﺳﻠﻄﺔ ﺍﻻﻗﺘﺮﺍﺽ ﻭ‬
‫ﺗﻮﻓﻴﺮ ﺍﻟﻀﻤﺎﻥ ﻋﻠﻰ ﺃﺻﻮﻟﻪ ﻟﺼﺎﻟﺢ ﻃﺮﻑ ﺛﺎﻟﺚ ﻭ ﺍﻟﻤﺒﺎﺷﺮﺓ ﺑﺘﻮﻗﻴﻊ‬
‫ﺍﺗﻔﺎﻕ ﻋﻠﻰ ﺍﻟﺘﺤﻜﻴﻢ؛‬
‫ﻧﺴﺨﺔ ﻣﺼﺪﻗﺔ ﻣﻦ ﻗﺮﺍﺭ ﻣﺠﻠﺲ ﺇﺩﺍﺭﺓ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ ﺑﺎﻟﻤﻮﺍﻓﻘﺔ‬ (3)
‫ ﻭﺃﻱ ﻭﺛﻴﻘﺔ‬،‫ﻋﻠﻰ ﺷﺮﻭﻁ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ‬
‫ ﻭﻗﺮﺍﺭ‬،‫ﻣﻌﺎﻣﻠﺔ ﺃﺧﺮﻯ ﻳﻜﻮﻥ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ ﻃﺮﻓﺎً ﻓﻴﻬﺎ‬
‫ﺍﻟﻤﺒﺎﺷﺮﺓ ﺑﺘﻮﻗﻴﻊ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ ﻭﺃﻱ‬
‫ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﺃﺧﺮﻯ ﻳﻜﻮﻥ ﻃﺮﻓﺎً ﻓﻴﻬﺎ؛‬
‫ﻧﺴﺨﺔ ﻣﺼﺪﻗﺔ ﻣﻦ ﻛﻞ ﻣﺴﺘﻨﺪ ﻳﺜﺒﺖ ﺳﻠﻄﺔ ﻛﻞ ﺷﺨﺺ ﻣﻔﻮﺽ‬ (4)
‫ﻧﻴﺎﺑﺔً ﻋﻦ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ ﻟﻠﻤﺒﺎﺷﺮﺓ ﺑﺘﻮﻗﻴﻊ ﺧﻄﺎﺏ ﻓﺘﺢ‬
ً‫ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ ﻭﺃﻱ ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﺃﺧﺮﻯ ﻳﻜﻮﻥ ﻃﺮﻓﺎ‬
‫ﻓﻴﻬﺎ؛‬
‫ﻧﺴﺨﺔ ﻣﺼﺪﻗﺔ ﻣﻦ ﺟﻮﺍﺯ ﺳﻔﺮ ﺃﻱ ﺷﺨﺺ ﻣﻔﻮﺽ ﻧﻴﺎﺑﺔً ﻋﻦ ﺍﻟﻤﺘﻌﻬﺪ‬ (5)
‫ﺍﻻﻋﺘﺒﺎﺭﻱ ﻟﻠﻤﺒﺎﺷﺮﺓ ﺑﺘﻮﻗﻴﻊ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ‬
‫ ﻭﻛﻞ‬،‫ ﺃﻭ ﺃﻱ ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﺃﺧﺮﻯ ﻳﻜﻮﻥ ﻃﺮﻓﺎً ﻓﻴﻬﺎ‬،‫ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ‬
‫ﺷﺮﻳﻚ ﺃﻭ ﻋﻀﻮ ﻣﺠﻠﺲ ﺇﺩﺍﺭﺓ ﺃﻭ ﻣﺴﺎﻫﻢ ﺃﻭ ﺃﻱ ﺷﺨﺺ ﺁﺧﺮ ﻟﻪ ﺻﻠﺔ‬
‫ ﺇﺫﺍ ﻃﻠﺐ ﺍﻟﺒﻨﻚ ﺫﻟﻚ؛‬،‫ﺑﺎﻟﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ‬
 director and shareholder or any other person connected with
the Corporate Obligor;
(vi) a specimen signature of each person authorised on behalf of
the Corporate Obligor to enter into this Opening Credit Facility
Letter and any other Transaction Document to which it is party;
(vii) a certificate of an Authorised Signatory of the Corporate
Obligor confirming that utilising, guaranteeing or, as the case
may be, securing the Credit Facility would not cause any
borrowing, guarantee or, as the case may be, security or
similar limit binding on it to be exceeded;
(viii) a certified copy of any authorisation, consent, approval, permit,
licence, exemption, filing, registration or notarisation of any
governmental or other authority, bureau or agency required by
the Corporate Obligor in connection with the execution,
delivery, performance, validity or enforceability of any
Transaction Document to which it is party or any document to
be delivered under any Transaction Document;
(ix) a certified copy of the latest audited financial statements,
unaudited financial statements and/or cash flow statements of
the Corporate Obligor, in form and substance satisfactory to
the Bank, in each case as required by the Bank (the Original
Financial Statements); and
(x) a certificate of an Authorised Signatory of the Corporate
Obligor confirming that each copy document relating to it
specified in this Schedule 1 is correct, complete and in full
force and effect as at a date earlier than the date of this
Opening Credit Facility Letter.
4. Other
(a) Evidence, in form and substance satisfactory to the Bank that the
Customer has entered in to a merchant agreement with the Bank.
(b) Evidence, in form and substance satisfactory to the Bank, that the
Customer has opened and will maintain one or more Bank
Accounts on terms and conditions satisfactory to the Bank.
(c) In relation only to any LC Facility or any Letter of Guarantee Facility
or Trade Advance Facility, evidence, in form and substance
satisfactory to the Bank, that the Customer has opened and will
maintain a Margin Account on terms and conditions satisfactory to
the Bank.
(d) Evidence, in form and substance satisfactory to the Bank, that:
(i)
each Individual Obligor who is not a national of the UAE and
not resident in UAE;
(ii) each Corporate Obligor which is not incorporated in the UAE;
and/or
(iii) each Obligor who the Bank requires or requests,
has appointed an agent satisfactory to the Bank or specified by the Bank for (‫)ﺃ‬
service of process in the UAE in relation to any proceedings before the courts
of the UAE in connection with any Transaction Document for the purposes of
sub-clause 29.4 (Service of process) of the Standard Terms or otherwise.
(e) Evidence that all fees and expenses then due and payable by the
Customer under any Transaction Document have been paid on the
signature date of this Letter.
(f) Details of any Existing Encumbrances.
(g) Each Asset Report.
(h) All "know your customer" documents required by the Bank.
(i) A certified copy of any other Authorisation or other document,
evidence, opinion or assurance necessary or desired by the Bank
in connection with the entry into and performance of, and the
transactions contemplated by, any Transaction Document or for the
validity and enforceability of any Transaction Document.
(j) Evidence, in form and substance satisfactory to the Bank, that each
Transaction Document executed outside the UAE has been
notarised, legalised and/or authenticated by all relevant authorities
such that it is, in the sole opinion of the Bank, admissible in
evidence and in the proper form for its enforcement in the UAE.
(k) If requested by the Bank, and at the expense of the Customer,
obtain legal opinion(s) in respect of one or more Obligors and/or
one or more Transaction Documents in a form and substance
satisfactory to the Bank.
(l) [SPECIFY OTHER DOCUMENTS]
NOTE:
If ADCB needs control of POS receivables or requires full cash management
role as part of its credit approval then Option 1 must be included. In all other
cases, inclusion Option 1 or Option 2 shall be at the discretion of the RM
BBG/OCFL/V01/ADCB 06102013 Page 11 of 35
‫ﻧﻤﻮﺫﺝ ﺗﻮﻗﻴﻊ ﻛﻞ ﺷﺨﺺ ﻣﻔﻮﺽ ﻧﻴﺎﺑﺔً ﻋﻦ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ‬ (6)
‫ﻟﻤﺒﺎﺷﺮﺓ ﺗﻮﻗﻴﻊ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ ﻭﺃﻱ‬
‫ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﺃﺧﺮﻯ ﻳﻜﻮﻥ ﻃﺮﻓﺎً ﻓﻴﻬﺎ؛‬
‫ﺷﻬﺎﺩﺓ ﺍﻟﻤﻔﻮﺿﻴﻦ ﺑﺎﻟﺘﻮﻗﻴﻊ ﻋﻦ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ ﺗﺆﻛﺪ ﺃﻥ‬ (7)
‫ ﺣﺴﺐ‬،‫ﺍﺳﺘﻌﻤﺎﻝ ﺃﻭ ﻛﻔﺎﻟﺔ ﺃﻭ ﺿﻤﺎﻥ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ‬
‫ ﻟﻦ ﻳﺆﺩﻱ ﺇﻟﻰ ﺗﺠﺎﻭﺯ ﺃﻱ ﺣﺪ ﺍﻗﺘﺮﺍﺽ ﺃﻭ ﺿﻤﺎﻥ ﺃﻭ‬،‫ﻣﻘﺘﻀﻰ ﺍﻟﺤﺎﻝ‬
‫ ﺣﺴﺐ ﻣﻘﺘﻀﻰ‬،‫ﻛﻔﺎﻟﺔ ﺃﻭ ﻣﺎ ﺷﺎﺑﻪ ﻣﻠﺰﻡ ﻟﻠﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ‬
‫ﺍﻟﺤﺎﻝ؛‬
‫ﻧﺴﺨﺔ ﻣﺼﺪﻗﺔ ﻣﻦ ﺃﻱ ﺗﻔﻮﻳﺾ ﺃﻭ ﻣﻮﺍﻓﻘﺔ ﺃﻭ ﺍﻋﺘﻤﺎﺩ ﺃﻭ ﺇﺫﻥ ﺃﻭ ﺭﺧﺼﺔ‬ (8)
‫ﺃﻭ ﺇﻋﻔﺎﺀ ﺃﻭ ﺇﻳﺪﺍﻉ ﻃﻠﺒﺎﺕ ﺃﻭ ﺗﺴﺠﻴﻞ ﺃﻭ ﺗﻮﺛﻴﻖ ﻟﺪﻯ ﺃﻱ ﺟﻬﺔ‬
‫ﺣﻜﻮﻣﻴﺔ ﺃﻭ ﺟﻬﺔ ﺃﺧﺮﻯ ﺃﻭ ﻣﻜﺘﺐ ﺃﻭ ﻭﻛﺎﻟﺔ ﻳﻄﻠﺒﻬﺎ ﺍﻟﻤﺘﻌﻬﺪ‬
‫ﺍﻻﻋﺘﺒﺎﺭﻱ ﺑﺨﺼﻮﺹ ﺇﺟﺮﺍﺀ ﺃﻭ ﺗﺴﻠﻴﻢ ﺃﻭ ﺃﺩﺍﺀ ﺃﻭ ﺻﺤﺔ ﺃﻭ ﺗﻨﻔﻴﺬ‬
‫ﺃﻱ ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﺃﺧﺮﻯ ﻳﻜﻮﻥ ﻃﺮﻓﺎً ﻓﻴﻬﺎ ﺃﻭ ﺃﻱ ﻭﺛﻴﻘﺔ ﻳﺘﻢ‬
‫ﺗﺴﻠﻴﻤﻪ ﺑﻤﻮﺟﺐ ﺃﻱ ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ؛‬
‫ ﺍﻟﺒﻴﺎﻧﺎﺕ‬،‫ﻧﺴﺨﺔ ﻣﺼﺪﻗﺔ ﻣﻦ ﺃﺣﺪﺙ ﺍﻟﺒﻴﺎﻧﺎﺕ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﻤﺪﻗﻘﺔ‬ (9)
‫ﺃﻭ ﺑﻴﺎﻧﺎﺕ ﺍﻟﺘﺪﻓﻘﺎﺕ ﺍﻟﻨﻘﺪﻳﺔ ﻟﻠﻤﺘﻌﻬﺪ‬/‫ﺍﻟﻤﺎﻟﻴﺔ ﻏﻴﺮ ﺍﻟﻤﺪﻗﻘﺔ ﻭ‬
‫ﺍﻻﻋﺘﺒﺎﺭﻱ ﺑﺎﻟﺸﻜﻞ ﻭﺍﻟﻤﻀﻤﻮﻥ ﻭﺑﺎﻟﻄﺮﻳﻘﺔ ﺍﻟﺘﻲ ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ‬
‫ﻣﻘﺒﻮﻟﺔ ﻓﻲ ﻛﻞ ﺣﺎﻟﺔ ﻳﻄﻠﺐ ﻓﻴﻬﺎ ﺍﻟﺒﻨﻚ ﺫﻟﻚ )ﺍﻟﺒﻴﺎﻧﺎﺕ ﺍﻟﻤﺎﻟﻴﺔ‬
‫ﺍﻷﺻﻠﻴﺔ(؛ ﻭ‬
‫ﺷﻬﺎﺩﺓ ﺍﻟﻤﻔﻮﺿﻴﻦ ﺑﺎﻟﺘﻮﻗﻴﻊ ﻋﻦ ﺍﻟﻤﺘﻌﻬﺪ ﺍﻻﻋﺘﺒﺎﺭﻱ ﺗﺆﻛﺪ ﺃﻥ‬ (10)
‫ ﺗﻌﺘﺒﺮ‬،1 ‫ﻛﻞ ﻧﺴﺨﺔ ﻣﻦ ﺃﻱ ﻣﺴﺘﻨﺪ ﻳﺨﺼﻪ ﻣﺬﻛﻮﺭ ﻓﻲ ﻫﺬﺍ ﺍﻟﻤﻠﺤﻖ‬
‫ﻧﺴﺨﺔ ﺻﺤﻴﺤﺔ ﻭﻛﺎﻣﻠﺔ ﻭﻧﺎﻓﺬﺓ ﺍﻟﻤﻔﻌﻮﻝ ﻓﻲ ﻣﻮﻋﺪ ﺳﺎﺑﻖ ﻟﺘﺎﺭﻳﺦ‬
.‫ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ‬
‫ﺃﺣﻜﺎﻡ ﺃﺧﺮﻯ‬ 4.
،‫ ﺑﺎﻟﺸﻜﻞ ﻭﺍﻟﻤﻀﻤﻮﻥ ﻭﺑﺎﻟﻄﺮﻳﻘﺔ ﺍﻟﺘﻲ ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ ﻣﻘﺒﻮﻟﺔ‬،‫ﺇﺛﺒﺎﺕ‬ (‫)ﺃ‬
.‫ﺃﻥ ﺍﻟﻌﻤﻴﻞ ﺃﺑﺮﻡ ﺇﺗﻔﺎﻗﻴﺔ ﺍﻟﺘﺎﺟﺮ ﻣﻊ ﺍﻟﺒﻨﻚ‬
،‫ ﺑﺎﻟﺸﻜﻞ ﻭﺍﻟﻤﻀﻤﻮﻥ ﻭﺑﺎﻟﻄﺮﻳﻘﺔ ﺍﻟﺘﻲ ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ ﻣﻘﺒﻮﻟﺔ‬،‫ﺇﺛﺒﺎﺕ‬ (‫)ﺏ‬
،‫ﺑﺄﻥ ﺍﻟﻌﻤﻴﻞ ﻗﺪ ﻓﺘﺢ ﻭﺳﻴﺤﺎﻓﻆ ﻋﻠﻰ ﺣﺴﺎﺑﺎً ﺑﻨﻜﻴﺎً ﻭﺍﺣﺪﺍً ﺃﻭ ﺃﻛﺜﺮ‬
.‫ﻭﻓﻘﺎً ﻟﻠﺸﺮﻭﻁ ﻭﺍﻷﺣﻜﺎﻡ ﺍﻟﻤﻘﺒﻮﻟﺔ ﺑﺎﻟﻨﺴﺒﺔ ﻟﻠﺒﻨﻚ‬
‫ ﺑﺨﺼﻮﺹ ﺃﻱ ﺗﺴﻬﻴﻞ ﻟﺨﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﺃﻭ ﺃﻱ ﺧﻄﺎﺏ ﺿﻤﺎﻥ ﺃﻭ‬،‫ﺇﺛﺒﺎﺕ‬ (‫)ﺝ‬
‫ ﺑﺎﻟﺸﻜﻞ ﻭﺍﻟﻤﻀﻤﻮﻥ ﻭﺑﺎﻟﻄﺮﻳﻘﺔ ﺍﻟﺘﻲ ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ‬،‫ﺳﻠﻔﺔ ﺗﺠﺎﺭﻳﺔ‬
‫ ﺑﺄﻥ ﺍﻟﻌﻤﻴﻞ ﻓﺘﺢ ﻭﺳﻴﺤﺘﻔﻆ ﺑﺤﺴﺎﺏ ﻫﺎﻣﺶ ﻃﺒﻘﺎً ﻟﻠﺸﺮﻭﻁ‬،‫ﻣﻘﺒﻮﻟﺔ‬
.‫ﻭﺍﻷﺣﻜﺎﻡ ﺍﻟﻤﻘﺒﻮﻟﺔ ﺑﺎﻟﻨﺴﺒﺔ ﻟﻠﺒﻨﻚ‬
،‫ ﺑﺎﻟﺸﻜﻞ ﻭﺍﻟﻤﻀﻤﻮﻥ ﻭﺑﺎﻟﻄﺮﻳﻘﺔ ﺍﻟﺘﻲ ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ ﻣﻘﺒﻮﻟﺔ‬،‫ﺇﺛﺒﺎﺕ‬ (‫)ﺩ‬
:‫ﺑﺄﻥ‬
‫ﻛﻞ ﻣﺘﻌﻬﺪ ﻓﺮﺩﻱ ﻟﻴﺲ ﻣﻦ ﻣﻮﺍﻃﻨﻲ ﺩﻭﻟﺔ ﺍﻹﻣﺎﺭﺍﺕ ﺍﻟﻌﺮﺑﻴﺔ ﺍﻟﻤﺘﺤﺪﺓ‬ (1)
‫ﻭﻏﻴﺮ ﻣﻘﻴﻢ ﻓﻴﻬﺎ ؛‬
‫ﻛﻞ ﻣﺘﻌﻬﺪ ﺍﻋﺘﺒﺎﺭﻱ ﻏﻴﺮ ﻣﺴﺠﻞ ﻓﻲ ﺩﻭﻟﺔ ﺍﻹﻣﺎﺭﺍﺕ ﺍﻟﻌﺮﺑﻴﺔ‬ (2)
‫ﺃﻭ‬/‫ﺍﻟﻤﺘﺤﺪﺓ ؛ ﻭ‬
، ‫ﻛﻞ ﻣﺘﻌﻬﺪ ﻳﻄﻠﺐ ﺍﻟﺒﻨﻚ ﻣﻨﻪ‬ (3)
‫ﺃﻭ ﺗﻢ ﺗﺤﺪﻳﺪ ﻫﻮﻳﺘﻪ ﻣﻦ ﻗﺒﻞ ﺍﻟﺒﻨﻚ‬ ‫ﻗﺪ ﻗﺎﻡ ﺑﺘﻌﻴﻴﻦ ﻭﻛﻴﻞ ﻣﻘﺒﻮﻝ ﻟﻠﺒﻨﻚ‬
‫ﻟﻐﺎﻳﺎﺕ ﺍﻻﺧﻄﺎﺭ ﻟﻠﻤﺜﻮﻝ ﺃﻣﺎﻡ ﺍﻟﻘﻀﺎﺀ ﻓﻲ ﺩﻭﻟﺔ ﺍﻹﻣﺎﺭﺍﺕ ﺍﻟﻌﺮﺑﻴﺔ ﺍﻟﻤﺘﺤﺪﺓ ﻓﻴﻤﺎ‬
‫ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﺇﺟﺮﺍﺀﺍﺕ ﺃﻣﺎﻡ ﺍﻟﻤﺤﺎﻛﻢ ﻓﻲ ﺩﻭﻟﺔ ﺍﻹﻣﺎﺭﺍﺕ ﺍﻟﻌﺮﺑﻴﺔ ﺑﺸﺄﻥ ﺃﻱ ﻭﺛﻴﻘﺔ‬
‫ )ﺍﻹﺧﻄﺎﺭ ﺑﺎﻹﺟﺮﺍﺀﺍﺕ ﺍﻟﻘﻀﺎﺋﻴﺔ( ﻣﻦ ﺍﻟﺸﺮﻭﻁ‬4-29 ‫ﻣﻌﺎﻣﻠﺔ ﻷﻏﺮﺍﺽ ﺍﻟﻤﺎﺩﺓ ﺍﻟﻔﺮﻋﻴﺔ‬
.‫ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﺃﻭ ﻏﻴﺮ ﺫﻟﻚ‬
‫ﺇﺛﺒﺎﺕ ﺑﺄﻥ ﻛﺎﻓﺔ ﺍﻟﺮﺳﻮﻡ ﻭﺍﻟﻌﻤﻮﻻﺕ ﻭﺍﻟﻤﺼﺎﺭﻳﻒ ﺍﻟﻤﺴﺘﺤﻘﺔ ﻭﺍﻟﻮﺍﺟﺒﺔ‬ (‫)ﻩ‬
‫ﺍﻟﺴﺪﺍﺩ ﺣﻴﻨﺌﺬ ﻣﻦ ﺟﺎﻧﺐ ﺍﻟﻌﻤﻴﻞ ﺑﻤﻮﺟﺐ ﺃﻱ ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﺗﻢ ﺳﺪﺍﺩﻫﺎ‬
.‫ﺑﺘﺎﺭﻳﺦ ﺗﻮﻗﻴﻊ ﻫﺬﺍ ﺍﻟﺨﻄﺎﺏ‬
.‫ﺗﻔﺎﺻﻴﻞ ﺃﻱ ﺃﻋﺒﺎﺀ ﻗﺎﺋﻤﺔ‬ (‫)ﻭ‬
.‫ﻛﻞ ﺗﻘﺮﻳﺮ ﻟﻸﺻﻮﻝ‬ (‫)ﺯ‬
.‫ﻛﺎﻓﺔ ﻣﺴﺘﻨﺪﺍﺕ "ﺍﻋﺮﻑ ﻋﻤﻴﻠﻚ" ﺍﻟﺘﻲ ﻳﻄﻠﺒﻬﺎ ﺍﻟﺒﻨﻚ‬ (‫)ﺡ‬
‫ﻧﺴﺨﺔ ﻣﺼﺪﻗﺔ ﻣﻦ ﺃﻱ ﺗﻔﻮﻳﺾ ﺃﻭ ﻣﺴﺘﻨﺪ ﺁﺧﺮ ﺃﻭ ﺩﻟﻴﻞ ﺃﻭ ﺭﺃﻱ ﺃﻭ ﺿﻤﺎﻥ‬ (‫)ﻁ‬
‫ﻻﺯﻡ ﺃﻭ ﻣﻄﻠﻮﺏ ﻣﻦ ﺍﻟﺒﻨﻚ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺘﻮﻗﻴﻊ ﺃﻭ ﺗﻨﻔﻴﺬ ﺍﻟﻤﻌﺎﻣﻼﺕ‬
‫ﺍﻟﻤﻨﺼﻮﺹ ﻋﻠﻴﻬﺎ ﺃﻭ ﺃﻱ ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﺃﻭ ﻟﻐﺮﺽ ﺻﺤﺔ ﺃﻭ ﺗﻨﻔﻴﺬ ﺃﻱ‬
.‫ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ‬
،‫ ﺑﺎﻟﺸﻜﻞ ﻭﺍﻟﻤﻀﻤﻮﻥ ﻭﺑﺎﻟﻄﺮﻳﻘﺔ ﺍﻟﺘﻲ ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ ﻣﻘﺒﻮﻟﺔ‬،‫ﺇﺛﺒﺎﺕ‬ (‫)ﻱ‬
‫ﺑﺄﻥ ﻛﻞ ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﻣﺤﺮﺭﺓ ﺧﺎﺭﺝ ﺩﻭﻟﺔ ﺍﻹﻣﺎﺭﺍﺕ ﺍﻟﻌﺮﺑﻴﺔ ﺍﻟﻤﺘﺤﺪﺓ ﻗﺪ‬
‫ﺃﻭ ﺇﺛﺒﺎﺕ ﺻﺤﺘﻬﺎ ﻣﻦ ﻗﺒﻞ ﻛﺎﻓﺔ‬/‫ﺃﻭ ﺗﺼﺪﻳﻘﻬﺎ ﻭ‬/‫ﺗﻢ ﺗﻮﺛﻴﻘﻬﺎ ﻭ‬
،‫ ﻓﻲ ﺭﺃﻱ ﺍﻟﺒﻨﻚ‬،‫ﺍﻟﺴﻠﻄﺎﺕ ﺍﻟﻤﺨﺘﺼﺔ ﺑﺤﻴﺚ ﻳﺠﻮﺯ ﺍﻷﺧﺬ ﺑﻪ ﻛﺈﺛﺒﺎﺕ‬
.‫ﺑﺎﻟﺸﻜﻞ ﺍﻟﻤﻨﺎﺳﺐ ﻟﺘﻨﻔﻴﺬﻫﺎ ﻓﻲ ﺩﻭﻟﺔ ﺍﻹﻣﺎﺭﺍﺕ ﺍﻟﻌﺮﺑﻴﺔ ﺍﻟﻤﺘﺤﺪﺓ‬
‫ﺃﺭﺍﺀ‬/‫ ﺍﻟﺤﺼﻮﻝ ﻋﻠﻰ ﺭﺃﻱ ﻗﺎﻧﻮﻧﻲ‬،‫ ﻭﻋﻠﻰ ﻧﻔﻘﺔ ﺍﻟﻌﻤﻴﻞ‬،‫ﺇﺫﺍ ﻃﻠﺐ ﺍﻟﺒﻨﻚ‬ (‫)ﻙ‬
‫ﺃﻭ ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﺑﺎﻟﺸﻜﻞ‬/‫ﻗﺎﻧﻮﻧﻴﺔ ﺑﺸﺄﻥ ﻭﺍﺣﺪ ﺍﻭ ﺍﻛﺜﺮ ﻣﻦ ﺍﻟﻤﺘﻌﻬﺪﻳﻦ ﻭ‬
.‫ﻭﺍﻟﻤﻀﻤﻮﻥ ﻭﺑﺎﻟﻄﺮﻳﻘﺔ ﺍﻟﺘﻲ ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ ﻣﻘﺒﻮﻟﺔ‬
[‫]ﺣﺪﺩ ﺍﻟﻮﺛﺎﺋﻖ ﻭﺍﻟﻤﺴﺘﻨﺪﺍﺕ ﺍﻷﺧﺮﻯ‬ (‫)ﻝ‬
:‫ﻣﻼﺣﻈﺔ‬
‫ﺇﺫﺍ ﻛﺎﻥ ﺑﻨﻚ ﺃﺑﻮﻇﺒﻲ ﺍﻟﺘﺠﺎﺭﻱ ﺑﺤﺎﺟﺔ ﺇﻟﻰ ﺍﻟﺘﺤﻜﻢ ﻓﻲ ﻣﺴﺘﺤﻘﺎﺕ ﻧﻘﺎﻁ ﺍﻟﺒﻴﻊ ﺃﻭ‬
‫ ﻓﻴﺠﺐ‬،‫ﺃﻥ ﻳﻘﻮﻡ ﺑﺈﺩﺍﺭﺓ ﺍﻟﻨﻘﺪ ﺑﺸﻜﻞ ﻛﺎﻣﻞ ﻛﺠﺰﺀ ﻣﻦ ﺷﺮﻭﻁ ﺍﻟﻤﻮﺍﻓﻘﻪ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ‬
‫ ﻳﺨﻀﻊ‬2 ‫ ﺃﻭ ﺍﻟﺨﻴﺎﺭ‬1 ‫ ﺇﺩﺭﺍﺝ ﺍﻟﺨﻴﺎﺭ‬،‫ ﻭﻓﻲ ﺟﻤﻴﻊ ﺍﻟﺤﺎﻻﺕ ﺍﻷﺧﺮﻯ‬.1 ‫ﺇﺩﺭﺍﺝ ﺍﻟﺨﻴﺎﺭ‬
 based on their assessment of the Customer’s POS requirements and ability
of ADCB to provide such services.
OPTION 1
(m) Promptly after receipt of any request from the Bank, the
Customer (and, if requested, each member of the Group) must
enter into an agreement (the “Merchant Agreement”) with the
Bank for the supply of all of its point of sale equipment and
payment processing and authentication services in the United
Arab Emirates (the “Merchant Services”). Where the
Customer has an existing provider of Merchant Services, the
Customer must (within [ ] days after the date of a request by
the Bank) terminate those Merchant Services and enter into a
Merchant Agreement with the Bank. This undertaking applies
for the term of the Facility and thereafter subject to the terms of
the Merchant Agreement.
OR
OPTION 2
(m) Promptly after receipt of any request from the Bank, the
Customer (and, if requested, each member of the Group)
must give the Bank an opportunity to quote for the supply
of all of its point of sale equipment and payment
processing and authentication services in the United Arab
Emirates (the “Merchant Services”). Where the Bank is
able to provide a competitive quote for such Merchant
Services, the Customer must promptly enter into an
agreement with the Bank for the Merchant Services (the
“Merchant Agreement”). This undertaking applies for the
term of the Facility and thereafter subject to the terms of
the Merchant Agreement.
5. Other conditions:
[SPECIFY OTHER CONDITIONS]
BBG/OCFL/V01/ADCB 06102013 Page 12 of 35
‫" ﺑﻨﺎﺀ ﻋﻠﻰ ﺗﻘﻴﻴﻤﻪ ﻟﻤﺘﻄﻠﺒﺎﺕ ﺍﻟﻌﻤﻴﻞ ﻣﻦ‬ RM" ‫ﻟﺘﻘﺪﻳﺮ ﻭﻗﺮﺍﺭ ﻣﺪﻳﺮ ﺍﻟﻌﻼﻗﺎﺕ‬
‫ﻧﻘﺎﻁ ﺍﻟﺒﻴﻊ ﻭﻗﺪﺭﺓ ﺑﻨﻚ ﺃﺑﻮﻇﺒﻲ ﺍﻟﺘﺠﺎﺭﻱ ﻋﻠﻰ ﺗﻠﺒﻴﺔ ﺗﻠﻚ ﺍﻟﻤﺘﻄﻠﺒﺎﺕ ﻭ‬
.‫ﺗﻘﺪﻳﻢ ﻫﺬﻩ ﺍﻟﺨﺪﻣﺎﺕ‬
1 ‫ﺍﻟﺨﻴﺎﺭ‬
،‫ ﻋﻨﺪ ﺍﻟﻄﻠﺐ‬،‫ ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ )ﻭ‬،‫ﻓﻮﺭ ﺍﺳﺘﻼﻡ ﺃﻱ ﻃﻠﺐ ﻣﻦ ﺍﻟﺒﻨﻚ‬ (‫)ﻡ‬
‫ﺍﺗﻔﺎﻗﻴﺔ‬ )" ‫ﻛﻞ ﻋﻀﻮ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ( ﺃﻥ ﻳﻘﻮﻡ ﺑﺈﺑﺮﺍﻡ ﺍﺗﻔﺎﻗﻴﺔ‬
‫( ﻣﻊ ﺍﻟﺒﻨﻚ ﻣﻦ ﺃﺟﻞ ﺗﻮﺭﻳﺪ ﺟﻤﻴﻊ ﻣﻌﺪﺍﺗﻪ ﻣﻦ ﻧﻘﺎﻁ ﺍﻟﺒﻴﻊ‬ ‫ﺍﻟﺘﺎﺟﺮ‬
"
‫ﻭﻣﻌﺎﻣﻼﺕ ﺍﻟﺪﻓﻊ ﻭﺧﺪﻣﺎﺕ ﺍﻟﺘﻮﺛﻴﻖ ﻓﻲ ﺍﻹﻣﺎﺭﺍﺕ ﺍﻟﻌﺮﺑﻴﺔ ﺍﻟﻤﺘﺤﺪﺓ‬
‫ ﻓﻲ ﺣﺎﻝ ﻛﺎﻥ ﺍﻟﻌﻤﻴﻞ ﻣﺰﻭﺩ ﺣﺎﻟﻴﺎً ﺑﺨﺪﻣﺎﺕ ﺍﻟﺘﺎﺟﺮ ﻣﻦ‬.("‫)"ﺧﺪﻣﺎﺕ ﺍﻟﺘﺎﺟﺮ‬
‫ﺃﻳﺎﻡ ﺑﻌﺪ ﺗﺎﺭﻳﺦ‬ ][ ‫ ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ )ﻓﻲ ﻏﻀﻮﻥ‬،‫ﻗﺒﻞ ﺟﻬﺔ ﺃﺧﺮﻯ‬
‫ﻃﻠﺐ ﺍﻟﺒﻨﻚ( ﺇﻧﻬﺎﺀ ﺧﺪﻣﺎﺕ ﺍﻟﺘﺎﺟﺮ ﺍﻟﻤﺬﻛﻮﺭﺓ ﻭ ﺇﺑﺮﺍﻡ ﺍﺗﻔﺎﻗﻴﺔ ﺍﻟﺘﺎﺟﺮ ﻣﻊ‬
‫ ﻭﺑﻌﺪ‬،‫ ﻳﺒﻘﻰ ﻫﺬﺍ ﺍﻟﺘﻌﻬﺪ ﺳﺎﺭﻱ ﺍﻟﻤﻔﻌﻮﻝ ﺧﻼﻝ ﻣﺪﺓ ﺍﻟﺘﺴﻬﻴﻞ‬.‫ﺍﻟﺒﻨﻚ‬
.‫ﺫﻟﻚ ﻳﺨﻀﻊ ﻟﺸﺮﻭﻁ ﺇﺗﻔﺎﻗﻴﺔ ﺍﻟﺘﺎﺟﺮ‬
‫ﺃﻭ‬
2 ‫ﺍﻟﺨﻴﺎﺭ‬
‫ ﻋﻨﺪ‬،‫ ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ )ﻭ‬،‫ﻓﻮﺭ ﺍﺳﺘﻼﻡ ﺃﻱ ﻃﻠﺐ ﻣﻦ ﺍﻟﺒﻨﻚ‬ (‫)ﻡ‬
‫ ﻛﻞ ﻋﻀﻮ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ( ﺃﻥ ﻳﺘﻴﺢ ﻟﻠﺒﻨﻚ ﻓﺮﺻﺔ‬،‫ﺍﻟﻄﻠﺐ‬
‫ﻟﺘﻮﺭﻳﺪ ﺟﻤﻴﻊ ﻣﻌﺪﺍﺕ ﻧﻘﺎﻁ ﺍﻟﺒﻴﻊ ﻭﻣﻌﺎﻣﻼﺕ ﺍﻟﺪﻓﻊ ﻭﺧﺪﻣﺎﺕ ﺍﻟﺘﻮﺛﻴﻖ‬
‫ ﻭﺣﻴﺜﻤﺎ ﻳﻜﻮﻥ‬.("‫ﻓﻲ ﺍﻹﻣﺎﺭﺍﺕ ﺍﻟﻌﺮﺑﻴﺔ ﺍﻟﻤﺘﺤﺪﺓ )"ﺧﺪﻣﺎﺕ ﺍﻟﺘﺎﺟﺮ‬
‫ ﻳﺠﺐ‬، ‫ﺍﻟﺒﻨﻚ ﻗﺎﺩﺭﺍ ﻋﻠﻰ ﺗﻘﺪﻳﻢ ﻋﺮﺽ ﺗﻨﺎﻓﺴﻲ ﻟﺨﺪﻣﺎﺕ ﺍﻟﺘﺎﺟﺮ ﻫﺬﻩ‬
‫ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺃﺑﺮﺍﻡ ﺍﺗﻔﺎﻗﻴﺔ ﻣﻊ ﺍﻟﺒﻨﻚ ﻓﻮﺭﺍً ﻟﺘﺰﻭﻳﺪﻩ ﺑﺨﺪﻣﺎﺕ ﺍﻟﺘﺎﺟﺮ‬
‫ ﻭﻳﺒﻘﻰ ﻫﺬﺍ ﺍﻟﺘﻌﻬﺪ ﺳﺎﺭﻱ ﺍﻟﻤﻔﻌﻮﻝ ﺧﻼﻝ ﻣﺪﺓ‬.("‫)"ﺇﺗﻔﺎﻗﻴﺔ ﺍﻟﺘﺎﺟﺮ‬
.‫ ﻭﺑﻌﺪ ﺫﻟﻚ ﻳﺨﻀﻊ ﻟﺸﺮﻭﻁ ﺇﺗﻔﺎﻗﻴﺔ ﺍﻟﺘﺎﺟﺮ‬،‫ﺍﻟﺘﺴﻬﻴﻞ‬
:‫ﺷﺮﻭﻁ ﺃﺧﺮﻯ‬ 5.
[‫]ﺣﺪﺩ ﺷﺮﻭﻁ ﺃﺧﺮﻯ‬
 SCHEDULE 2
Bill/Cheque Discounting Facility
Each Bill/Cheque Discounting Facility is made available on the terms and
subject to the conditions of this Opening Credit Facility Letter (including this
Schedule 2), the Standard Terms and the Bill/Cheque Discount Standard
Terms, each as amended from time to time.
1. UTILISATION
1.1 Completion of a Utilisation Request
Each Utilisation Request under a Bill/Cheque Discounting Facility is
irrevocable and will not be regarded as having been duly completed unless:
(a) it specifies that it is for the discounting of a bill or cheque or
invoice;
(b) the proposed Utilisation Date is a Business Day;
(c) the bill or cheque or invoice has been:
(i) issued by an Approved Issuer in favour of the Customer;
and
(ii) endorsed in favour of the Bank;
(d) the currency of the bill or cheque or invoice is the Facility
Currency, unless approved otherwise by the Bank;
(e) the bill or cheque or invoice is attached;
(f) it details the Bank Account into which the proceeds of the
Utilisation will be paid;
(g) the amount of the proposed Utilisation is not more than the
Available Facility; and
(h) the period commencing on the proposed Utilisation Date and
ending on the maturity date of the bill or cheque or invoice does
not exceed the Facility Tenor.
1.2 Discounting of bill or cheque or invoice
(a) The Bank may, at its sole discretion, reject any Utilisation Request
under a Bill/Cheque Discounting Facility.
(b) The Bank may not give effect to a Utilisation Request under a
Bill/Cheque Discounting Facility if, as a result, the aggregate
amount of bills or cheques or invoices discounted under the
Bill/Cheque Discounting Facility issued by any single person would
exceed the Single Issuer Limit.
(c) Subject to clause 3 (Conditions Precedent) of the Standard Terms
and paragraph (a) above, if the conditions set out in all the
Transaction Documents have been met, the Bank may, under a
Bill/Cheque Discounting Facility, credit the Bank Account in an
amount equal to the Bill/Cheque Discount Amount at any time
thereafter.
2. INTEREST
The Customer must pay accrued interest on each Utilisation under a
Bill/Cheque Discounting Facility calculated at the Applicable Rate.
3. FACILITY COMMISSION
The Customer must, on each Utilisation Date under a Bill/Cheque
Discounting Facility, pay to the Bank an amount equal to the Facility
Commission applicable to the Utilisation.
4. OTHER
(a) The Bank is not responsible for making any demand, presentation,
acceptance, protest or collection of any bill or cheque or invoice.
(b) If any bill or cheque or invoice delivered to the Bank under or in
connection with a Bill/Cheque Discounting Facility in accordance
with sub-clause 1.1 (Completion of a Utilisation Request) is
returned unpaid for any reason whatsoever, in addition to rights or
remedies of the Bank against the issuer and/or endorser of the bill
or cheque or invoice, the Customer must, to the order of the Bank,
credit funds to the Bank Account in an amount not less than the
Bill/Cheque Discount Amount, interest and other charges.
5. REPAYMENT
The Customer must immediately on demand by the Bank repay all amounts
utilised and outstanding under the Bill/ Cheque Discounting Facility.
BBG/OCFL/V01/ADCB 06102013 Page 13 of 35
2 ‫ﺍﻟﻤﻠﺤﻖ‬
‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ ﻭﺍﻟﻔﻮﺍﺗﻴﺮ‬/‫ﺗﺴﻬﻴﻞ ﺧﺼﻢ ﺍﻟﺸﻴﻜﺎﺕ‬
‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ ﻭﺍﻟﻔﻮﺍﺗﻴﺮ ﻭﻓﻘﺎً ﻷﺣﻜﺎﻡ‬/‫ﻳﺘﻢ ﺗﻘﺪﻳﻢ ﺗﺴﻬﻴﻞ ﺧﺼﻢ ﺍﻟﺸﻴﻜﺎﺕ‬
‫( ﻭﺍﻟﺸﺮﻭﻁ‬2 ‫ﻭﺷﺮﻭﻁ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ )ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺍﻟﻤﻠﺤﻖ‬
‫ ﻭﻣﺎ‬،‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ ﻭﺍﻟﻔﻮﺍﺗﻴﺮ‬/‫ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻟﺨﺼﻢ ﺍﻟﺸﻴﻜﺎﺕ‬
.‫ﻳﻄﺮﺃ ﻋﻠﻰ ﻛﻞ ﻣﻨﻬﺎ ﻣﻦ ﺗﻌﺪﻳﻼﺕ ﻣﻦ ﻭﻗﺖ ﻵﺧﺮ‬
‫ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1.
‫ﺇﻛﻤﺎﻝ ﻃﻠﺐ ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1-1
‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ ﻭﺍﻟﻔﻮﺍﺗﻴﺮ‬/‫ﻳﻜﻮﻥ ﻛﻞ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﺼﻢ ﺍﻟﺸﻴﻜﺎﺕ‬
:‫ ﻣﺎ ﻟﻢ‬،‫ ﻭﻟﻦ ﻳﻌﺘﺒﺮ ﻣﻜﺘﻤﻼً ﺣﺴﺐ ﺍﻷﺻﻮﻝ‬،‫ﻧﻬﺎﺋﻴﺎً ﻭﻏﻴﺮ ﻗﺎﺑﻞ ﻟﻠﻨﻘﺾ‬
‫ﻳﺤﺪﺩ ﺃﻧﻪ ﻟﻐﺮﺽ ﺧﺼﻢ ﺷﻴﻚ ﺃﻭ ﻛﻤﺒﻴﺎﻟﺔ ﺃﻭ ﻓﺎﺗﻮﺭﺓ؛‬ (‫)ﺃ‬
‫ﻳﻜﻦ ﺗﺎﺭﻳﺦ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻳﻮﻡ ﻋﻤﻞ؛‬ (‫)ﺏ‬
:‫ﺗﻜﻦ ﺍﻟﻜﻤﺒﻴﺎﻟﺔ ﺃﻭ ﺍﻟﺸﻴﻚ ﺍﻭ ﺍﻟﻔﺎﺗﻮﺭﺓ‬ (‫)ﺝ‬
‫ﺻﺎﺩﺭﺓ ﻣﻦ ﻗﺒﻞ ﻣﺼﺪﺭ ﻣﻌﺘﻤﺪ ﻟﺼﺎﻟﺢ ﺍﻟﻌﻤﻴﻞ؛ ﻭ‬ (1)
‫ﺗﻢ ﺗﻈﻬﻴﺮﻫﺎ ﻟﻤﺼﻠﺤﺔ ﺍﻟﺒﻨﻚ؛‬ (2)
‫ ﻣﺎ‬،‫ﺗﻜﻦ ﻋﻤﻠﺔ ﺍﻟﺸﻴﻚ ﺃﻭ ﺍﻟﻜﻤﺒﻴﺎﻟﺔ ﺍﻭ ﺍﻟﻔﺎﺗﻮﺭﺓ ﻧﻔﺲ ﻋﻤﻠﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ (‫)ﺩ‬
‫ﻋﺪﺍ ﻓﻲ ﺍﻟﺤﺎﻻﺕ ﺍﻟﻤﻮﺍﻓﻖ ﻋﻠﻴﻬﺎ ﻣﻦ ﺍﻟﺒﻨﻚ؛‬
‫ﻳﺘﻢ ﺇﺭﻓﺎﻕ ﺍﻟﺸﻴﻚ ﺃﻭ ﺍﻟﻜﻤﺒﻴﺎﻟﺔ ﺃﻭ ﺍﻟﻔﺎﺗﻮﺭﺓ؛‬ (‫)ﻩ‬
‫ﺗﺒﻴﻦ ﺗﻔﺼﻴﻼً ﺣﺴﺎﺏ ﺍﻟﺒﻨﻚ ﺍﻟﺬﻱ ﺳﺘﻮﺩﻉ ﻓﻴﻪ ﻋﺎﺋﺪﺍﺕ ﺍﻻﺳﺘﻌﻤﺎﻝ؛‬ (‫)ﻭ‬
‫ﻣﺒﻠﻎ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻻ ﻳﺰﻳﺪ ﻋﻦ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﺘﻮﻓﺮ؛ ﻭ‬ (‫)ﺯ‬
‫ﺃﻥ ﺍﻟﻔﺘﺮﺓ ﺍﻟﺘﻲ ﺗﺒﺪﺃ ﺍﻋﺘﺒﺎﺭﺍً ﻣﻦ ﺗﺎﺭﻳﺦ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ‬ (‫)ﺡ‬
‫ﻭﺗﻨﺘﻬﻲ ﻓﻲ ﺗﺎﺭﻳﺦ ﺍﺳﺘﺤﻘﺎﻕ ﺍﻟﺸﻴﻚ ﺃﻭ ﺍﻟﻜﻤﺒﻴﺎﻟﺔ ﺃﻭ ﺍﻟﻔﺎﺗﻮﺭﺓ ﻻ‬
.‫ﺗﺘﺠﺎﻭﺯ ﻣﺪﺓ ﺍﻟﺘﺴﻬﻴﻞ‬
‫ﺧﺼﻢ ﺍﻟﺸﻴﻚ ﺃﻭ ﺍﻟﻜﻤﺒﻴﺎﻟﺔ ﺃﻭ ﺍﻟﻔﺎﺗﻮﺭﺓ‬ 1-2
‫ ﺭﻓﺾ ﺃﻱ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ‬،‫ ﻭﻓﻖ ﺗﻘﺪﻳﺮﻩ ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ‬ (‫)ﺃ‬
.‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ ﻭﺍﻟﻔﻮﺍﺗﻴﺮ‬/‫ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﺼﻢ ﺍﻟﺸﻴﻜﺎﺕ‬
‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﺭﻓﺾ ﺗﻨﻔﻴﺬ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﺼﻢ‬ (‫)ﺏ‬
‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ ﻭﺍﻟﻔﻮﺍﺗﻴﺮ ﺇﺫﺍ ﻛﺎﻥ ﺍﻟﻤﺒﻠﻎ ﺍﻹﺟﻤﺎﻟﻲ ﻟﻠﺸﻴﻜﺎﺕ‬/‫ﺍﻟﺸﻴﻜﺎﺕ‬
‫ﺃﻭ ﺍﻟﻜﻤﺒﻴﺎﻻﺕ ﺃﻭ ﺍﻟﻔﻮﺍﺗﻴﺮ ﺍﻟﻤﺨﺼﻮﻣﺔ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﺼﻢ‬
‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ ﻭﺍﻟﻔﻮﺍﺗﻴﺮ ﺍﻟﺼﺎﺩﺭﺓ ﻋﻦ ﺃﻱ ﺷﺨﺺ ﻓﺮﺩﻱ‬/‫ﺍﻟﺸﻴﻜﺎﺕ‬
.ً‫ﻳﺘﺠﺎﻭﺯ ﺣﺪ ﻛﻞ ﻣﺼﺪﺭ ﻣﻨﻔﺮﺩﺍ‬
ً‫ ﻭﻓﻘﺎ‬،‫ﺇﺫﺍ ﺗﺤﻘﻘﺖ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﻨﺼﻮﺹ ﻋﻠﻴﻬﺎ ﻓﻲ ﻛﻞ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ‬ (‫)ﺝ‬
،‫ )ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺴﺒﻘﺔ( ﻣﻦ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺍﻟﻔﻘﺮﺓ )ﺃ( ﺃﻋﻼﻩ‬3 ‫ﻟﻠﻤﺎﺩﺓ‬
‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ‬/‫ ﻭﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﺼﻢ ﺍﻟﺸﻴﻜﺎﺕ‬،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﺑﻌﺪﻫﺎ‬
‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ‬/‫ ﺇﻳﺪﺍﻉ ﻣﺒﻠﻎ ﻳﺴﺎﻭﻱ ﻗﻴﻤﺔ ﺧﺼﻢ ﺍﻟﺸﻴﻜﺎﺕ‬،‫ﻭﺍﻟﻔﻮﺍﺗﻴﺮ‬
.‫ﻭﺍﻟﻔﻮﺍﺗﻴﺮ ﻓﻲ ﺣﺴﺎﺏ ﺍﻟﺒﻨﻚ ﺣﻴﻨﻤﺎ ﻳﺸﺎﺀ‬
‫ﺍﻟﻔﺎﺋﺪﺓ‬ 2.
‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺮﺍﻛﻤﺔ ﻋﻦ ﻛﻞ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﺼﻢ‬
ً‫ ﻭﺍﻟﺘﻲ ﻳﺘﻢ ﺍﺣﺘﺴﺎﺑﻬﺎ ﻭﻓﻘﺎ‬،‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ ﻭﺍﻟﻔﻮﺍﺗﻴﺮ‬/‫ﺍﻟﺸﻴﻜﺎﺕ‬
.‫ﻟﻨﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﻄﺒﻘﺔ‬
‫ﻋﻤﻮﻟﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ 3.
‫ ﻓﻲ ﻛﻞ ﺗﺎﺭﻳﺦ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﺼﻢ‬،‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ‬
‫ ﺳﺪﺍﺩ ﺇﻟﻰ ﺍﻟﺒﻨﻚ ﻣﺒﻠﻎ ﻣﺴﺎ ٍﻭ‬،‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ ﻭﺍﻟﻔﻮﺍﺗﻴﺮ‬/‫ﺍﻟﺸﻴﻜﺎﺕ‬
.‫ﻟﻌﻤﻮﻟﺔ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﻄﺒﻘﺔ ﻋﻠﻰ ﺍﻻﺳﺘﻌﻤﺎﻝ‬
‫ﺑﻨﻮﺩ ﺃﺧﺮﻯ‬ 4.
‫ﻻ ﻳﺘﺤﻤﻞ ﺍﻟﺒﻨﻚ ﻣﺴﺆﻭﻟﻴﺔ ﺗﻘﺪﻳﻢ ﺃﻱ ﻃﻠﺐ ﺃﻭ ﻋﺮﺽ ﺃﻭ ﻣﻮﺍﻓﻘﺔ ﺃﻭ‬ (‫)ﺃ‬
.‫ﻣﻌﺎﺭﺿﺔ ﺃﻭ ﺗﺤﺼﻴﻞ ﻷﻱ ﺷﻴﻚ ﺃﻭ ﻛﻤﺒﻴﺎﻟﺔ ﺃﻭ ﻓﺎﺗﻮﺭﺓ‬
‫ﺇﺫﺍ ﺗﻤﺖ ﺇﻋﺎﺩﺓ ﺃﻱ ﺷﻴﻚ ﺃﻭ ﻛﻤﺒﻴﺎﻟﺔ ﺃﻭ ﻓﺎﺗﻮﺭﺓ ﺗﻢ ﺗﺴﻠﻴﻤﻬﻤﺎ ﺇﻟﻰ ﺍﻟﺒﻨﻚ‬ (‫)ﺏ‬
‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ ﻭﺍﻟﻔﻮﺍﺗﻴﺮ ﻃﺒﻘﺎً ﻟﻠﻤﺎﺩﺓ‬/‫ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﺼﻢ ﺍﻟﺸﻴﻜﺎﺕ‬
‫ ﻳﺠﺐ‬،‫ )ﺇﻛﻤﺎﻝ ﻃﻠﺐ ﺍﻻﺳﺘﻌﻤﺎﻝ( ﻏﻴﺮ ﻣﺴﺪﺩﺓ ﻷﻱ ﺳﺒﺐ ﻛﺎﻥ‬1-1 ‫ﺍﻟﻔﺮﻋﻴﺔ‬
‫ ﺇﻳﺪﺍﻉ ﻣﺒﻠﻎ ﻓﻲ ﺣﺴﺎﺏ ﺍﻟﺒﻨﻚ ﻣﺒﻠﻎ ﻻ‬،‫ ﺑﻌﺪ ﻃﻠﺐ ﺍﻟﺒﻨﻚ‬،‫ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ‬
‫ ﺍﻟﻜﻤﺒﻴﺎﻻﺕ ﻭﺍﻟﻔﻮﺍﺗﻴﺮ ﻭﺍﻟﻔﺎﺋﺪﺓ ﻭﺃﻱ‬/‫ﻳﻘﻞ ﻋﻦ ﻗﻴﻤﺔ ﺧﺼﻢ ﺍﻟﺸﻴﻜﺎﺕ‬
‫ ﺑﺎﻹﺿﺎﻓﺔ ﺇﻟﻰ ﺍﻟﺤﻘﻮﻕ ﻭﺍﻟﺘﻌﻮﻳﻀﺎﺕ ﺍﻷﺧﺮﻯ ﺍﻟﻤﺴﺘﺤﻘﺔ‬،‫ﺭﺳﻮﻡ ﺃﺧﺮﻯ‬
.‫ﺃﻭ ﻣُﻈﻬِّﺮ ﺍﻟﺸﻴﻚ ﺃﻭ ﺍﻟﻜﻤﺒﻴﻴﺎﻟﺔ ﺃﻭ ﺍﻟﻔﺎﺗﻮﺭﺓ‬/‫ﻟﻠﺒﻨﻚ ﻋﻠﻰ ﺍﻟﻤُﺼﺪﺭ ﻭ‬
‫ﺍﻟﺴﺪﺍﺩ‬ 5.
‫ ﺳﺪﺍﺩ ﻛﺎﻓﺔ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﺴﺘﻌﻤﻠﺔ ﻭﻏﻴﺮ‬،‫ ﻓﻮﺭ ﻣﻄﺎﻟﺒﺔ ﺍﻟﺒﻨﻚ ﺇﻳﺎﻩ‬،‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ‬
.‫ ﺍﻟﻜﻤﺒﻴﺎﻻﺕ ﻭﺍﻟﻔﻮﺍﺗﻴﺮ‬/‫ﺍﻟﻤﺴﺪﺩﺓ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﺼﻢ ﺍﻟﺸﻴﻜﺎﺕ‬
 SCHEDULE 2
LC Facility
Each LC Facility is made available on the terms and subject to the conditions
of this Opening Credit Facility Letter (including this Schedule 3), the
Standard Terms, the LC Standard Terms and the Uniform Customs and
Practice for Documentary Credits (2007 Revision) International Chamber of
Commerce Publication No. 600 (UCP 600), each as amended from time to
time, and is deemed incorporated to each Letter of Credit.
1. UTILISATION
1.1 Completion of a Utilisation Request
Each Utilisation Request under a LC Facility is irrevocable and will not be
regarded as having been duly completed unless:
(a) it specifies that it is for a Letter of Credit;
(b) the proposed Utilisation Date is a Business Day;
(c) the proposed currency is the Facility Currency, unless approved
otherwise by the Bank;
(d) the amount of the proposed Utilisation is not more than the
Available Facility;
(e) the form of Letter of Credit is attached;
(f) the proposed term of the Letter of Credit does not exceed the
Facility Tenor;
(g) the delivery instructions for the Letter of Credit are specified;
(h) the identity of the beneficiary of the Letter of Credit is an Approved
Beneficiary or any other beneficiary approved by the Bank; and
(i) it confirms that any goods in relation to which the Letter of Credit is
proposed to be issued be delivered or shipped to the order of the
Bank.
1.2 Issue of Letter of Credit
(a) The Bank may, at its sole discretion, reject any Utilisation Request
or LC Renewal Request under a LC Facility.
(b) The Bank may not give effect to a Utilisation Request under a LC
Facility unless the Customer has deposited in the Margin Account
an amount equal to the LC Margin for the proposed Letter of
Credit.
(c) Subject to clause 3 (Conditions Precedent) of the Standard Terms
and paragraph (a) above, if the conditions set out in all the
Transaction Documents have been met, the Bank may issue any
Letter of Credit at any time thereafter.
1.3 Renewal of a Letter of Credit
(a) The Customer may request that any Letter of Credit issued on
behalf of the Customer be renewed by delivery to the Bank of a LC
Renewal Request in substantially similar form to a Utilisation
Request for a Letter of Credit by not later than the Utilisation
Notice Time.
(b) The Bank will treat any LC Renewal Request in the same way as a
Utilisation Request for a Letter of Credit except that the conditions
set out in paragraph (e) of sub-clause 1.1 (Completion of a
Utilisation Request) do not apply.
(c) The terms of each renewed Letter of Credit must be the same as
those of the relevant Letter of Credit immediately prior to its
renewal, except that:
(i) its amount may be less than the amount of the Letter of
Credit immediately prior to its renewal; and
(ii) its term must start on the date which was the expiry date of
the Letter of Credit immediately prior to its renewal, and
end on the proposed expiry date specified in the LC
Renewal Request.
(d) If the conditions set out in all the Transaction Documents have
been met, the Bank may amend or re-issue any Letter of Credit
pursuant to a LC Renewal Request.
1.4 Revaluation of Letters of Credit
(a) If any outstanding Letter of Credit is denominated in a currency
other than Dirhams, the Bank may at any time after the Utilisation
Date for the Letter of Credit recalculate the Dirham Equivalent of
the amount specified in the Utilisation Request for the Letter of
Credit.
(b) The Customer must, if requested by the Bank following any
calculation under paragraph (a) above, ensure that within three
Business Days of delivery of such request it credits to the Margin
Account for the LC Facility amounts sufficient such that the
aggregate amount standing to the credit of the Margin Account is,
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3 ‫ﺍﻟﻤﻠﺤﻖ‬
‫ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ‬
(‫ﻳﺘﻢ ﺗﻘﺪﻳﻢ ﻛﻞ ﺗﺴﻬﻴﻞ ﻣﻦ ﺗﺴﻬﻴﻼﺕ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ ﻭﻓﻘﺎً ﻷﺣﻜﺎﻡ ﻭﺷﺮﻭﻁ ﺧﻄﺎﺏ )ﺃ‬
‫( ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬3 ‫ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ )ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺍﻟﻤﻠﺤﻖ‬
‫ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻟﺨﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ ﻭﺍﻟﻘﻮﺍﻋﺪ ﻭﺍﻷﻋﺮﺍﻑ ﺍﻟﻤﻮﺣﺪﺓ ﻟﻼﻋﺘﻤﺎﺩﺍﺕ‬
(600 ‫ )ﺍﻟﻘﻮﺍﻋﺪ ﻭﺍﻷﻋﺮﺍﻑ ﺍﻟﻤﻮﺣﺪﺓ‬600 ‫( ﻭﺍﻟﻤﻨﺸﻮﺭ ﺭﻗﻢ‬2007 ‫ﺍﻟﻤﺴﺘﻨﺪﻳﺔ )ﺗﻨﻘﻴﺢ‬
‫ ﻭﻣﺎ ﻳﻄﺮﺃ ﻋﻠﻰ ﻛﻞ ﻣﻨﻬﺎ ﻣﻦ ﺗﻌﺪﻳﻼﺕ ﻣﻦ ﻭﻗﺖ‬،‫ﺍﻟﺼﺎﺩﺭ ﻋﻦ ﺍﻟﻐﺮﻓﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ ﺍﻟﺪﻭﻟﻴﺔ‬
.‫ ﻭﻳﻌﺘﺒﺮ ﺟﺰﺀﺍً ﻣﻦ ﻛﻞ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ‬،‫ﻵﺧﺮ‬
‫ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1.
‫ﺇﻛﻤﺎﻝ ﻃﻠﺐ ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1-1
‫ﻳﻜﻮﻥ ﻛﻞ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﻧﻬﺎﺋﻴﺎً ﻭﻏﻴﺮ ﻗﺎﺑﻞ ﻟﻠﻨﻘﺾ‬
:‫ ﻣﺎ ﻟﻢ‬،‫ﻭﻟﻦ ﻳﻌﺘﺒﺮ ﻣﻜﺘﻤﻼً ﺣﺴﺐ ﺍﻷﺻﻮﻝ‬
‫ﻳﺤﺪﺩ ﺃﻧﻪ ﻟﻐﺮﺽ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ؛‬ (‫)ﺃ‬
‫ﻳﻜﻦ ﺗﺎﺭﻳﺦ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻳﻮﻡ ﻋﻤﻞ؛‬ (‫)ﺏ‬
‫ ﻣﺎ ﻋﺪﺍ ﻓﻲ ﺍﻟﺤﺎﻻﺕ‬،‫ﺗﻜﻦ ﺍﻟﻌﻤﻠﺔ ﺍﻟﻤﻘﺘﺮﺣﺔ ﻧﻔﺲ ﻋﻤﻠﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ (‫)ﺝ‬
‫ﺍﻟﻤﻮﺍﻓﻖ ﻋﻠﻴﻬﺎ ﻣﻦ ﺍﻟﺒﻨﻚ؛‬
‫ﻣﺒﻠﻎ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻻ ﻳﺰﻳﺪ ﻋﻦ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﺘﻮﻓﺮ؛‬ (‫)ﺩ‬
‫ﻳﺘﻢ ﺇﺭﻓﺎﻕ ﻧﻤﻮﺫﺝ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ؛‬ (‫)ﻩ‬
‫ﺗﻜﻦ ﺍﻟﻤﺪﺓ ﺍﻟﻤﻘﺘﺮﺣﺔ ﻟﺨﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ ﻻ ﺗﺘﺠﺎﻭﺯ ﻣﺪﺓ ﺍﻟﺘﺴﻬﻴﻞ؛‬ (‫)ﻭ‬
‫ﻳﺘﻢ ﺗﺤﺪﻳﺪ ﺗﻌﻠﻴﻤﺎﺕ ﺍﻟﺘﺴﻠﻴﻢ ﻓﻲ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ؛‬ (‫)ﺯ‬
‫ﻳﻮﺍﻓﻖ ﺍﻟﺒﻨﻚ ﻋﻠﻰ ﻫﻮﻳﺔ ﺍﻟﻤﺴﺘﻔﻴﺪ ﻣﻦ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ ﺃﻭ ﺃﻱ ﻣﺴﺘﻔﻴﺪ‬ (‫)ﺡ‬
‫ﺁﺧﺮ ﻳﻮﺍﻓﻖ ﻋﻠﻴﻪ ﺍﻟﺒﻨﻚ؛ ﻭ‬
‫ﻳﺆﻛﺪ ﻋﻠﻰ ﺗﺴﻠﻴﻢ ﺃﻭ ﺷﺤﻦ ﺃﻱ ﺳﻠﻊ ﺍﻗﺘُﺮﺡ ﺇﺻﺪﺍﺭ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ‬ (‫)ﻁ‬
.‫ﻷﺟﻠﻬﺎ ﻷﻣﺮ ﺍﻟﺒﻨﻚ‬
‫ﺇﺻﺪﺍﺭ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ‬ 1-2
‫ ﺭﻓﺾ ﺃﻱ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ‬،‫ ﻭﻓﻖ ﺗﻘﺪﻳﺮﻩ ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ‬ (‫)ﺃ‬
.‫ﺃﻭ ﻃﻠﺐ ﺗﺠﺪﻳﺪ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ‬
‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﺭﻓﺾ ﺗﻨﻔﻴﺬ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ‬ (‫)ﺏ‬
‫ ﻣﺎ ﻟﻢ ﻳﻮﺩﻉ ﺍﻟﻌﻤﻴﻞ ﻣﺒﻠﻐﺎً ﻳﻌﺎﺩﻝ ﻫﺎﻣﺶ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ ﺍﻟﻤﻘﺘﺮﺡ‬،‫ﺍﻋﺘﻤﺎﺩ‬
.‫ﻓﻲ ﺣﺴﺎﺏ ﻫﺎﻣﺶ‬
3 ‫ ﻭﻓﻘﺎً ﻟﻠﻤﺎﺩﺓ‬،‫ﺇﺫﺍ ﺗﺤﻘﻘﺖ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺬﻛﻮﺭﺓ ﻓﻲ ﻛﺎﻓﺔ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ‬ (‫)ﺝ‬
‫ ﻳﺠﻮﺯ‬،‫)ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺴﺒﻘﺔ( ﻣﻦ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺍﻟﻔﻘﺮﺓ )ﺃ( ﺃﻋﻼﻩ‬
.‫ﻟﻠﺒﻨﻚ ﺑﻌﺪﻫﺎ ﺇﺻﺪﺍﺭ ﺃﻱ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﺣﻴﻨﻤﺎ ﻳﺸﺎﺀ‬
‫ﺗﺠﺪﻳﺪ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ‬ 1-3
‫ﻳﺠﻮﺯ ﻟﻠﻌﻤﻴﻞ ﻃﻠﺐ ﺗﺠﺪﻳﺪ ﺃﻱ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﺻﺪﺭ ﻧﻴﺎﺑﺔً ﻋﻨﻪ ﻣﻦ ﺧﻼﻝ‬ (‫)ﺃ‬
ً‫ﺗﺴﻠﻴﻢ ﻃﻠﺐ ﺗﺠﺪﻳﺪ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﺇﻟﻰ ﺍﻟﺒﻨﻚ ﺑﺸﻜﻞ ﻣﺸﺎﺑﻪ ﻓﻌﻠﻴﺎ‬
‫ﻟﻄﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﺷﺮﻳﻄﺔ ﺃﻻ ﻳﺘﺠﺎﻭﺯ ﺗﻮﻗﻴﺖ ﺇﺧﻄﺎﺭ‬
.‫ﺍﻻﺳﺘﻌﻤﺎﻝ‬
‫ﺳﻴﺘﻌﺎﻣﻞ ﺍﻟﺒﻨﻚ ﻣﻊ ﺃﻱ ﻃﻠﺐ ﻟﺘﺠﺪﻳﺪ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﺑﻨﻔﺲ ﺍﻟﻄﺮﻳﻘﺔ‬ (‫)ﺏ‬
‫ ﻋﺪﺍ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺬﻛﻮﺭﺓ‬،‫ﺍﻟﺘﻲ ﺗﻌﺎﻣﻞ ﺑﻬﺎ ﻣﻊ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ‬
‫ )ﺇﻛﻤﺎﻝ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ( ﺍﻟﺘﻲ ﻻ‬1-1 ‫ﻓﻲ ﺍﻟﻔﻘﺮﺓ )ﻫـ( ﻣﻦ ﺍﻟﻤﺎﺩﺓ ﺍﻟﻔﺮﻋﻴﺔ‬
.‫ﺗُﻄﺒﻖ ﻓﻲ ﻫﺬﺍ ﺍﻟﺨﺼﻮﺹ‬
‫ﻳﺠﺐ ﺃﻻ ﺗﺨﺘﻠﻒ ﺷﺮﻭﻁ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ ﺍﻟﻤﺠﺪﺩ ﻋﻦ ﺷﺮﻭﻁ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ‬ (‫)ﺝ‬
:‫ ﺇﻻ ﺃﻥ‬،‫ﺫﻱ ﺍﻟﺼﻠﺔ ﺍﻟﺘﻲ ﻛﺎﻧﺖ ﻗﺎﺋﻤﺔ ﻗﺒﻞ ﺗﺠﺪﻳﺪﻩ ﻣﺒﺎﺷﺮﺓ‬
‫ﻗﻴﻤﺔ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ ﺍﻟﻤﺠﺪﺩ ﻗﺪ ﺗﻜﻮﻥ ﺃﻗﻞ ﻣﻦ ﻗﻴﻤﺔ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ‬ (1)
‫ﺍﻟﺬﻱ ﻛﺎﻥ ﻗﺎﺋﻤﺎً ﻗﺒﻞ ﺗﺠﺪﻳﺪﻩ ﻣﺒﺎﺷﺮﺓ؛ ﻭ‬
‫ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ ﺍﻟﻤﺠﺪﺩ ﺗﺒﺪﺃ ﻣﺪﺗﻪ ﺍﻋﺘﺒﺎﺭﺍً ﻣﻦ ﺗﺎﺭﻳﺦ ﺍﻧﺘﻬﺎﺀ ﺧﻄﺎﺏ‬ (2)
‫ ﻭﺗﻨﺘﻬﻲ ﻓﻲ‬،‫ﺍﻻﻋﺘﻤﺎﺩ ﺍﻟﺬﻱ ﻛﺎﻥ ﻗﺎﺋﻤﺎ ﻗﺒﻞ ﺗﺠﺪﻳﺪﻩ ﻣﺒﺎﺷﺮﺓ‬
.‫ﺗﺎﺭﻳﺦ ﺍﻻﻧﺘﻬﺎﺀ ﺍﻟﻤﻘﺘﺮﺡ ﺍﻟﻤﺤﺪﺩ ﻓﻲ ﻃﻠﺐ ﺗﺠﺪﻳﺪ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ‬
‫ ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ‬،‫ﺇﺫﺍ ﺗﺤﻘﻘﺖ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺬﻛﻮﺭﺓ ﻓﻲ ﻛﺎﻓﺔ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ‬ (‫)ﺩ‬
‫ﺗﻌﺪﻳﻞ ﺃﻭ ﺇﻋﺎﺩﺓ ﺇﺻﺪﺍﺭ ﺃﻱ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﻭﻓﻘﺎً ﻟﻄﻠﺐ ﺗﺠﺪﻳﺪ ﺧﻄﺎﺏ‬
.‫ﺍﻻﻋﺘﻤﺎﺩ‬
‫ﺇﻋﺎﺩﺓ ﺗﻘﻴﻴﻢ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ‬ 1-4
‫ ﻳﺠﻮﺯ‬،‫ﺇﺫﺍ ﺗﻢ ﺇﺻﺪﺍﺭ ﺃﻱ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﻏﻴﺮ ﻣﺴﺪﺩ ﺑﻌﻤﻠﺔ ﻏﻴﺮ ﺍﻟﺪﺭﻫﻢ‬ (‫)ﺃ‬
‫ﻟﻠﺒﻨﻚ ﻓﻲ ﺃﻱ ﻭﻗﺖ ﺑﻌﺪ ﺗﺎﺭﻳﺦ ﺍﺳﺘﻌﻤﺎﻝ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ ﺇﻋﺎﺩﺓ ﺍﺣﺘﺴﺎﺏ‬
‫ﺍﻟﻤﺒﻠﻎ ﺍﻟﺬﻱ ﻳﻌﺎﺩﻝ ﺑﺎﻟﺪﺭﻫﻢ ﺗﻠﻚ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻤﺤﺪﺩﺓ ﻓﻲ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ‬
.‫ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ‬
ً‫ ﺇﺫﺍ ﻃﻠﺐ ﺍﻟﺒﻨﻚ ﺫﻟﻚ ﻭﺑﻌﺪ ﺃﻱ ﺍﺣﺘﺴﺎﺏ ﻭﻓﻘﺎ‬،‫ﻳﻨﺒﻐﻲ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ‬ (‫)ﺏ‬
‫ ﺿﻤﺎﻥ ﺇﻳﺪﺍﻉ ﻣﺒﺎﻟﻎ ﻓﻲ ﺣﺴﺎﺏ ﺍﻟﻬﺎﻣﺶ ﻟﺘﺴﻬﻴﻞ ﺧﻄﺎﺏ‬،‫ﻟﻠﻔﻘﺮﺓ )ﺃ( ﺃﻋﻼﻩ‬
‫ﺍﻻﻋﺘﻤﺎﺩ ﺧﻼﻝ ﺛﻼﺛﺔ ﺃﻳﺎﻡ ﻋﻤﻞ ﻣﻦ ﺗﺎﺭﻳﺦ ﺍﺳﺘﻼﻡ ﻫﺬﺍ ﺍﻟﻄﻠﺐ ﺑﺤﻴﺚ‬
‫ﺗﻜﻮﻥ ﻫﺬﻩ ﺍﻟﻤﺒﺎﻟﻎ ﻛﺎﻓﻴﺔ ﻟﺘﺠﻨﺐ ﺍﻧﺨﻔﺎﺽ ﻣﺠﻤﻮﻉ ﺍﻟﻤﺒﻠﻎ ﺍﻟﺪﺍﺋﻦ ﻓﻲ‬
‫ ﺍﻹﺟﻤﺎﻟﻲ ﻟﻼﺳﺘﻌﻤﺎﻻﺕ‬،‫ ﺇﻥ ﻭﺟﺪ‬،‫ ﻋﻦ ﺍﻟﻤﺒﻠﻎ‬،‫ ﻓﻲ ﺃﻱ ﻭﻗﺖ‬،‫ﺣﺴﺎﺏ ﺍﻟﻬﺎﻣﺶ‬
 at any time, no less than the amount, if any, by which the
aggregate amount of outstanding Utilisations under the LC Facility
exceeds the Facility Limit for the LC Facility following any
adjustment to the amount specified in the Utilisation Request for
any outstanding Letter of Credit under paragraph (a) above.
‫ﻏﻴﺮ ﺍﻟﻤﺴﺪﺩﺓ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ ﺍﻟﺬﻱ ﻳﺘﺠﺎﻭﺯ ﺣﺪ ﺗﺴﻬﻴﻞ‬
‫ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ ﺑﻌﺪ ﺃﻱ ﺗﻌﺪﻳﻞ ﻋﻠﻰ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﺬﻛﻮﺭ ﻓﻲ ﻃﻠﺐ‬
.‫ﺍﻻﺳﺘﻌﻤﺎﻝ ﻷﻱ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﻗﺎﺋﻢ ﻏﻴﺮ ﻣﺴﺪﺩ ﻭﻓﻘﺎً ﻟﻠﻔﻘﺮﺓ )ﺃ( ﺃﻋﻼﻩ‬

2. CLAIMS ‫ﺍﻟﻤﻄﺎﻟﺒﺎﺕ‬ 2.
2.1 Payment ‫ﺍﻟﺴﺪﺍﺩ‬ 2-1
(a) The Customer must immediately on demand by the Bank pay to ‫ ﻓﻮﺭ ﻣﻄﺎﻟﺒﺔ‬،‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﻣﺒﻠﻎ ﻳﺴﺎﻭﻱ ﻗﻴﻤﺔ ﺃﻱ ﻣﻄﺎﻟﺒﺔ‬ (‫)ﺃ‬
the Bank an amount equal to the amount of any claim made or ‫ ﺍﻟﺘﻲ ﺗﻤﺖ ﺃﻭ ﻣﻦ ﺍﻟﻤﻔﺘﺮﺽ ﺃﻥ ﺗﺘﻢ ﺑﻤﻮﺟﺐ ﺃﻱ ﺧﻄﺎﺏ‬،‫ﺍﻟﺒﻨﻚ ﻟﻪ ﺑﺬﻟﻚ‬
purported to be made under any Letter of Credit. .‫ﺍﺋﺘﻤﺎﻥ‬
(b) If a Letter of Credit or any amount outstanding under a Letter of ‫ﺇﺫﺍ ﻭﺟﺐ ﺳﺪﺍﺩ ﻗﻴﻤﺔ ﺃﻱ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﺃﻭ ﺃﻱ ﻣﺒﻠﻎ ﻏﻴﺮ ﻣﺴﺪﺩ ﺍﺳﺘﺤﻖ‬ (‫)ﺏ‬
Credit is expressed to be immediately payable, the Customer must ‫ ﻳﺘﻮﺟﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﻓﻮﺭﺍً ﺳﺪﺍﺩ ﺫﻟﻚ ﺍﻟﻤﺒﻠﻎ ﺃﻛﺎﻥ‬،‫ﺑﻤﻮﺟﺐ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ‬
repay or prepay that amount immediately. .‫ﺫﻟﻚ ﺍﻟﺴﺪﺍﺩ ﻣﺴﺒﻘﺎً ﺃﻡ ﻻ‬

2.2 Claims under a Letter of Credit ‫ﺍﻟﻤﻄﺎﻟﺒﺎﺕ ﺍﻟﻤﺘﻌﻠﻘﺔ ﺑﺨﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ‬ 2-2
(a) The Customer irrevocably and unconditionally authorises the Bank ‫ﻳﻔﻮﺽ ﺍﻟﻌﻤﻴﻞ ﺍﻟﺒﻨﻚ ﺗﻔﻮﻳﻀﺎً ﻧﻬﺎﺋﻴﺎً ﻏﻴﺮ ﻗﺎﺑﻼً ﻟﻠﻨﻘﺾ ﻭﻏﻴﺮ‬ (‫)ﺃ‬
to pay any claim or demand made or purported to be made under ‫ﻣﺸﺮﻭﻃﺎً ﻟﺴﺪﺍﺩ ﺃﻱ ﻣﻄﺎﻟﺒﺔ ﺃﻭ ﻃﻠﺐ ﻣﻘﺪﻡ ﺃﻭ ﻳﻔﺘﺮﺽ ﺗﻘﺪﻳﻤﻪ ﺑﺨﺼﻮﺹ‬
a Letter of Credit requested by it and which appears on its face to ‫ ﻭﻳﺒﺪﻭ ﻇﺎﻫﺮﻳﺎً ﻣﻨﻪ ﺃﻧﻪ ﻏﻴﺮ ﻣﻌﻴﻮﺏ‬،‫ﺃﻱ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﻃﻠﺒﻪ ﺍﻟﻌﻤﻴﻞ‬
be in order (in this clause 2, a claim). .(‫ ﺑﻌﺒﺎﺭﺓ ﺍﻟﻤﻄﺎﻟﺒﺔ‬2 ‫)ﻳُﺸﺎﺭ ﺇﻟﻴﻬﺎ ﻓﻲ ﻫﺬﻩ ﺍﻟﻤﺎﺩﺓ ﺭﻗﻢ‬
(b) The Customer acknowledges and agrees that the Bank: :‫ﻳﻘﺮ ﺍﻟﻌﻤﻴﻞ ﻭﻳﻮﺍﻓﻖ ﺑﺄﻥ ﺍﻟﺒﻨﻚ‬ (‫)ﺏ‬
(i) may not carry out any investigation or seek any confirmation ‫ﻳﻤﻜﻨﻪ ﺍﻻَ ﻳﻘﻮﻡ ﺑﺈﺟﺮﺍﺀ ﺃﻱ ﺗﺤﻘﻴﻖ ﺃﻭ ﻃﻠﺐ ﺗﺄﻛﻴﺪ ﻣﻦ ﺃﻱ ﺷﺨﺺ‬ (1)
from any other person before paying a claim; and ‫ﻗﺒﻞ ﺳﺪﺍﺩ ﺍﻟﻤﻄﺎﻟﺒﺔ؛ ﻭ‬
(ii) deals in documents only and will not be concerned with the ‫ ﻭﻟﻦ ﻳﻨﻈﺮ ﻓﻲ ﻗﺎﻧﻮﻧﻴﺔ ﺍﻟﻤﻄﺎﻟﺒﺔ‬،‫ﻳﺘﻌﺎﻣﻞ ﻣﻊ ﺍﻟﻤﺴﺘﻨﺪﺍﺕ ﻓﻘﻂ‬ (2)
legality of a claim or any underlying transaction or any ‫ﺃﻭ ﺃﻱ ﻣﻌﺎﻣﻠﺔ ﺃﺳﺎﺳﻴﺔ ﺃﺧﺮﻯ ﺃﻭ ﺃﻱ ﻣﻘﺎﺻﺔ ﻣﺘﺎﺣﺔ ﺃﻭ ﻣﻄﺎﻟﺒﺔ ﻣﻘﺎﺑﻠﺔ ﺃﻭ‬
available set-off, counterclaim or other defence of any person. .‫ﺃﻱ ﺩﻓﻊ ﺁﺧﺮ ﻣﻦ ﺃﻱ ﺷﺨﺺ‬
(c) The obligations of the Customer under this clause 2 will not be :‫ ﺑﻤﺎ ﻳﻠﻲ‬2 ‫ﻟﻦ ﺗﺘﺄﺛﺮ ﻣﻮﺟﺒﺎﺕ ﺍﻟﻌﻤﻴﻞ ﻭﻓﻘﺎً ﻟﻬﺬﻩ ﺍﻟﻤﺎﺩﺓ ﺭﻗﻢ‬ (‫)ﺝ‬
affected by:
(i) the sufficiency, accuracy or genuineness of any claim or any ‫ﻛﻔﺎﻳﺔ ﺃﻭ ﺩﻗﺔ ﺃﻭ ﺻﺤﺔ ﺃﻱ ﻣﻄﺎﻟﺒﺔ ﺃﻭ ﺃﻱ ﻣﺴﺘﻨﺪ ﺁﺧﺮ؛ ﺃﻭ‬ (1)
other document; or
(ii) any incapacity of, or limitation on the powers of, any person ‫ﻓﻘﺪﺍﻥ ﺍﻷﻫﻠﻴﺔ ﺃﻭ ﺗﺤﺪﻳﺪ ﺻﻼﺣﻴﺎﺕ ﺃﻱ ﺷﺨﺺ ﻳﻮﻗّﻊ ﻣﻄﺎﻟﺒﺔ ﺃﻭ‬ (2)
signing a claim or other document. .‫ﻣﺴﺘﻨﺪﺍً ﺁﺧﺮ‬

2.3 Cancellation of Letter of Credit ‫ﺇﻟﻐﺎﺀ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ‬ 2-3

(a) Any Letter of Credit issued by the Bank is cancelled if: :‫ﻳُﻠﻐﻰ ﺃﻱ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﺃﺻﺪﺭﻩ ﺍﻟﺒﻨﻚ ﺇﺫﺍ‬ (‫)ﺃ‬
(b) the aggregate amount of claims made under the Letter of Credit is ً‫ﻛﺎﻥ ﺇﺟﻤﺎﻟﻲ ﻗﻴﻤﺔ ﺍﻟﻤﻄﺎﻟﺒﺎﺕ ﺍﻟﻤﻘﺪﻣﺔ ﺑﺨﺼﻮﺹ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ ﻣﺴﺎﻭﻳﺎ‬ (‫)ﺏ‬
equal to the full amount of the Letter of Credit; ‫ﻹﺟﻤﺎﻟﻲ ﻗﻴﻤﺔ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ؛‬
(c) the original Letter of Credit is returned to the Bank; ‫ﺗﻤﺖ ﺇﻋﺎﺩﺓ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ ﺍﻷﺻﻠﻲ ﺇﻟﻰ ﺍﻟﺒﻨﻚ؛‬ (‫)ﺝ‬
(d) the Bank receives written confirmation in form and substance ‫ﺗﻠﻘﻰ ﺍﻟﺒﻨﻚ ﺗﺄﻛﻴﺪﺍً ﻣﻜﺘﻮﺑﺎً ﺑﺎﻟﺸﻜﻞ ﻭﺍﻟﻤﻀﻤﻮﻥ ﻭﺑﺎﻟﻄﺮﻳﻘﺔ ﺍﻟﺘﻲ‬ (‫)ﺩ‬
satisfactory to the Bank that the Letter of Credit is cancelled; or ‫ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ ﻣﻘﺒﻮﻟﺔ ﻟﻪ ﺑﺈﻟﻐﺎﺀ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ؛ ﺃﻭ‬
(e) the Bank is satisfied that it has no further liability under the Letter .‫ﺗﺄﻛﺪ ﺍﻟﺒﻨﻚ ﻣﻦ ﻋﺪﻡ ﻭﺟﻮﺩ ﺃﻱ ﺍﻟﺘﺰﺍﻡ ﺁﺧﺮ ﻋﻠﻴﻪ ﺑﻤﻮﺟﺐ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ‬ (‫)ﻩ‬
of Credit.

2.4 Storage ‫ﺍﻟﺘﺨﺰﻳﻦ‬ 2-4

The Customer must store all goods delivered or shipped in connection with a ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺗﺨﺰﻳﻦ ﻛﺎﻓﺔ ﺍﻟﺴﻠﻊ ﺍﻟﻤﺴﻠّﻤﺔ ﺃﻭ ﺍﻟﻤﺸﺤﻮﻧﺔ ﺑﺨﺼﻮﺹ ﺧﻄﺎﺏ‬
Letter of Credit in a manner which enables identification of the goods and ‫ﺍﻻﻋﺘﻤﺎﺩ ﺑﺎﻟﺸﻜﻞ ﺍﻟﺬﻱ ﻳﻤﻜّﻦ ﻣﻦ ﺗﺤﺪﻳﺪ ﺍﻟﺴﻠﻊ ﻭﺣﻔﻆ ﻣﻠﻜﻴﺔ ﺍﻟﺒﻨﻚ‬
preserves title of the Bank to the goods. .‫ﻟﻬﺎ‬

3. FACILITY COMMISSION ‫ﻋﻤﻮﻟﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ 3.

The Customer must, on each Utilisation Date under a LC Facility, pay to the ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﻣﺒﻠﻎ ﻣﺴﺎﻭٍ ﻟﻌﻤﻮﻟﺔ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﻄﺒﻘﺔ ﻋﻠﻰ ﺍﺳﺘﻌﻤﺎﻝ ﺧﻄﺎﺏ‬
Bank an amount equal to the Facility Commission applicable to the ‫ ﻓﻲ ﻛﻞ ﺗﺎﺭﻳﺦ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ‬، ‫ﺍﻻﻋﺘﻤﺎﺩ ﺇﻟﻰ ﺍﻟﺒﻨﻚ‬
Utilisation. .‫ﺍﻻﻋﺘﻤﺎﺩ‬

BBG/OCFL/V01/ADCB 06102013 Page 15 of 35

 SCHEDULE 4
Letter of Guarantee Facility
Each Letter of Guarantee Facility is made available on the terms and subject
to the conditions of this Opening Credit Facility Letter (including this
Schedule 4), the Standard Terms and the Letter of Guarantee Standard
Terms, each as amended from time to time, and is deemed incorporated to
each Letter of Guarantee.
1. UTILISATION
1.1 Completion of a Utilisation Request
Each Utilisation Request under a Letter of Guarantee Facility is irrevocable
and will not be regarded as having been duly completed unless:
(a) it specifies that it is for a Letter of Guarantee;
(b) the proposed Utilisation Date is a Business Day;
(c) the proposed currency is the Facility Currency, unless approved by
the Bank;
(d) the amount of the proposed Utilisation is not more than the
Available Facility;
(e) the form of Letter of Guarantee is attached;
(f) the proposed term of the Letter of Guarantee does not exceed the
Facility Tenor;
(g) the delivery instructions for the Letter of Guarantee are specified;
and
(h) the identity of the beneficiary of the Letter of Guarantee is an
Approved Beneficiary or any other beneficiary approved by the
Bank.
1.2 Issue of Letter of Guarantee
(a) The Bank may, at its sole discretion, reject any Utilisation Request
or Letter of Guarantee Renewal Request under a Letter of
Guarantee Facility.
(b) The Bank may not give effect to a Utilisation Request under a
Letter of Guarantee Facility unless the Customer has deposited in
the Margin Account an amount equal to the LG Margin for the
proposed Letter of Guarantee.
(c) Subject to clause 3 (Conditions Precedent) of the Standard Terms
and paragraph (a) above, if the conditions set out in all the
Transaction Documents have been met, the Bank may issue any
Letter of Guarantee at anytime thereafter.
1.3 Renewal of a Letter of Guarantee
(a) The Customer may request that any Letter of Guarantee issued on
behalf of the Customer be renewed by delivery to the Bank of a
Letter of Guarantee Renewal Request in substantially similar form
to a Utilisation Request for a Letter of Guarantee by not later than
the Utilisation Notice Time.
(b) The Bank will treat any Letter of Guarantee Renewal Request in
the same way as a Utilisation Request for a Letter of Guarantee
except that the conditions set out in paragraph (e) of sub-clause
1.1 (Completion of a Utilisation Request) do not apply.
(c) The terms of each renewed Letter of Guarantee must be the same
as those of the relevant Letter of Guarantee immediately prior to
its renewal, except that:
(i) its amount may be less than the amount of the Letter of
Guarantee immediately prior to its renewal; and
(ii) its term must start on the date which was the expiry date of
the Letter of Guarantee immediately prior to its renewal, and
end on the proposed expiry date specified in the Letter of
Guarantee Renewal Request.
(d) If the conditions set out in all the Transaction Documents have
been met, the Bank may amend and re-issue any Letter of
Guarantee pursuant to a Letter of Guarantee Renewal Request.
1.4 Revaluation of Letter of Guarantee
(a) If any outstanding Letter of Guarantee is denominated in a
currency other than Dirhams, the Bank may at any time after the
Utilisation Date of the Letter of Guarantee recalculate the Dirham
Equivalent of the amount specified in the Utilisation Request for
each outstanding Letter of Guarantee.
(b) The Customer must, if requested by the Bank following any
calculation under paragraph (a) above, ensure that within three
Business Days of delivery of such request it credits to the Margin
Account for the Letter of Guarantee Facility amounts sufficient
such that the aggregate amount standing to the credit of the
Margin Account is, at any time, no less than the amount, if any, by
BBG/OCFL/V01/ADCB 06102013 Page 16 of 35
4 ‫ﺍﻟﻤﻠﺤﻖ‬
‫ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ‬
‫ﻳﺘﻢ ﺗﻘﺪﻳﻢ ﻛﻞ ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ ﻭﻓﻘﺎً ﻷﺣﻜﺎﻡ ﻭﺷﺮﻭﻁ ﺧﻄﺎﺏ ﻓﺘﺢ‬
‫( ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬4 ‫ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ )ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺍﻟﻤﻠﺤﻖ‬
‫ ﻭﻣﺎ ﻳﻄﺮﺃ ﻋﻠﻰ ﻛﻞ ﻣﻨﻬﺎ ﻣﻦ ﺗﻌﺪﻳﻼﺕ ﻣﻦ ﻭﻗﺖ‬،‫ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻟﺨﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ‬
.‫ ﻭﻳﻌﺘﺒﺮ ﺟﺰﺀﺍً ﻣﻦ ﻛﻞ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ‬،‫ﻵﺧﺮ‬
‫ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1.
‫ﺇﻛﻤﺎﻝ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ‬ 1-1
‫ﻳﻜﻮﻥ ﻛﻞ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ ﻧﻬﺎﺋﻴﺎً ﻏﻴﺮ ﻗﺎﺑﻞ‬
:‫ ﻣﺎ ﻟﻢ‬،‫ ﻭﻟﻦ ﻳﻌﺘﺒﺮ ﻣﻜﺘﻤﻼً ﺣﺴﺐ ﺍﻷﺻﻮﻝ‬،‫ﻟﻠﻨﻘﺾ‬
‫ﻳﺤﺪﺩ ﺃﻧﻪ ﻟﻐﺮﺽ ﺧﻄﺎﺏ ﺿﻤﺎﻥ؛‬ (‫)ﺃ‬
‫ﻳﻜﻦ ﺗﺎﺭﻳﺦ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻳﻮﻡ ﻋﻤﻞ؛‬ (‫)ﺏ‬
‫ ﻣﺎ ﻋﺪﺍ ﻓﻲ ﺍﻟﺤﺎﻻﺕ‬،‫ﺗﻜﻦ ﺍﻟﻌﻤﻠﺔ ﺍﻟﻤﻘﺘﺮﺣﺔ ﻫﻲ ﻧﻔﺲ ﻋﻤﻠﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ (‫)ﺝ‬
‫ﺍﻟﻤﻮﺍﻓﻖ ﻋﻠﻴﻬﺎ ﻣﻦ ﺍﻟﺒﻨﻚ؛‬
‫ﻣﺒﻠﻎ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻻ ﻳﺰﻳﺪ ﻋﻦ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﺘﻮﻓﺮ؛‬ (‫)ﺩ‬
‫ﻳﺘﻢ ﺇﺭﻓﺎﻕ ﻧﻤﻮﺫﺝ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ؛‬ (‫)ﻩ‬
‫ﺗﻜﻦ ﺍﻟﻤﺪﺓ ﺍﻟﻤﻘﺘﺮﺣﺔ ﻟﺨﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ ﻻ ﺗﺘﺠﺎﻭﺯ ﻣﺪﺓ ﺍﻟﺘﺴﻬﻴﻞ؛‬ (‫)ﻭ‬
‫ﻳﺘﻢ ﺗﺤﺪﻳﺪ ﺗﻌﻠﻴﻤﺎﺕ ﺗﺴﻠﻴﻢ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ؛ ﻭ‬ (‫)ﺯ‬
‫ﻳﻮﺍﻓﻖ ﺍﻟﺒﻨﻚ ﻋﻠﻰ ﻫﻮﻳﺔ ﺍﻟﻤﺴﺘﻔﻴﺪ ﻣﻦ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ ﺃﻭ ﺃﻱ ﻣﺴﺘﻔﻴﺪ‬ (‫)ﺡ‬
.‫ﺁﺧﺮ ﻳﻮﺍﻓﻖ ﻋﻠﻴﻪ ﺍﻟﺒﻨﻚ‬
‫ﺇﺻﺪﺍﺭ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ‬ 1-2
‫ ﺭﻓﺾ ﺃﻱ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ‬،‫ ﻭﻓﻖ ﺗﻘﺪﻳﺮﻩ ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ‬ (‫)ﺃ‬
.‫ﺃﻭ ﻃﻠﺐ ﺗﺠﺪﻳﺪ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ ﺿﻤﺎﻥ‬
‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﺭﻓﺾ ﺗﻨﻔﻴﺬ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ‬ (‫)ﺏ‬
‫ ﻣﺎ ﻟﻢ ﻳﻮﺩﻉ ﺍﻟﻌﻤﻴﻞ ﻣﺒﻠﻐﺎً ﻳﻌﺎﺩﻝ ﻫﺎﻣﺶ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ ﺍﻟﻤﻘﺘﺮﺡ‬،‫ﺿﻤﺎﻥ‬
.‫ﻓﻲ ﺣﺴﺎﺏ ﻫﺎﻣﺶ‬
3 ‫ ﻭﻓﻘﺎً ﻟﻠﻤﺎﺩﺓ‬،‫ﺇﺫﺍ ﺗﺤﻘﻘﺖ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺬﻛﻮﺭﺓ ﻓﻲ ﻛﺎﻓﺔ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ‬ (‫)ﺝ‬
‫ ﻳﺠﻮﺯ‬،‫)ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺴﺒﻘﺔ( ﻣﻦ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺍﻟﻔﻘﺮﺓ )ﺃ( ﺃﻋﻼﻩ‬
.‫ﻟﻠﺒﻨﻚ ﺑﻌﺪﻫﺎ ﺇﺻﺪﺍﺭ ﺃﻱ ﺧﻄﺎﺏ ﺿﻤﺎﻥ ﺣﻴﻨﻤﺎ ﻳﺸﺎﺀ‬
‫ﺗﺠﺪﻳﺪ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ‬ 1-3
‫ﻳﺠﻮﺯ ﻟﻠﻌﻤﻴﻞ ﻃﻠﺐ ﺗﺠﺪﻳﺪ ﺃﻱ ﺧﻄﺎﺏ ﺿﻤﺎﻥ ﺻﺪﺭ ﻧﻴﺎﺑﺔً ﻋﻨﻪ ﻣﻦ ﺧﻼﻝ‬ (‫)ﺃ‬
ً‫ﺗﺴﻠﻴﻢ ﻃﻠﺐ ﺗﺠﺪﻳﺪ ﺧﻄﺎﺏ ﺿﻤﺎﻥ ﺇﻟﻰ ﺍﻟﺒﻨﻚ ﺑﺸﻜﻞ ﻣﺸﺎﺑﻪ ﻓﻌﻠﻴﺎ‬
‫ ﻓﻴﻤﺎ ﻻ ﻳﺘﺠﺎﻭﺯ ﺗﻮﻗﻴﺖ ﺇﺧﻄﺎﺭ‬،‫ﻟﻄﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺧﻄﺎﺏ ﺿﻤﺎﻥ‬
.‫ﺍﻻﺳﺘﻌﻤﺎﻝ‬
‫ﺳﻴﺘﻌﺎﻣﻞ ﺍﻟﺒﻨﻚ ﻣﻊ ﺃﻱ ﻃﻠﺐ ﻟﺘﺠﺪﻳﺪ ﺧﻄﺎﺏ ﺿﻤﺎﻥ ﺑﻨﻔﺲ ﺍﻟﻄﺮﻳﻘﺔ‬ (‫)ﺏ‬
‫ ﻋﺪﺍ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺬﻛﻮﺭﺓ‬،‫ﺍﻟﺘﻲ ﺗﻌﺎﻣﻞ ﺑﻬﺎ ﻣﻊ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺧﻄﺎﺏ ﺿﻤﺎﻥ‬
‫ )ﺇﻛﻤﺎﻝ ﻃﻠﺐ ﺍﻻﺳﺘﻌﻤﺎﻝ( ﺍﻟﺘﻲ‬1-1 ‫ﻓﻲ ﺍﻟﻔﻘﺮﺓ )ﻫـ( ﻣﻦ ﺍﻟﻤﺎﺩﺓ ﺍﻟﻔﺮﻋﻴﺔ‬
.‫ﻻ ﺗُﻄﺒﻖ ﻓﻲ ﻫﺬﺍ ﺍﻟﺨﺼﻮﺹ‬
‫ﻳﺠﺐ ﺃﻻ ﺗﺨﺘﻠﻒ ﺷﺮﻭﻁ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ ﺍﻟﻤﺠﺪﺩ ﻋﻦ ﺷﺮﻭﻁ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ‬ (‫)ﺝ‬
:‫ ﺇﻻ ﺃﻥ‬،‫ﺫﻱ ﺍﻟﺼﻠﺔ ﺍﻟﺘﻲ ﻛﺎﻧﺖ ﻗﺎﺋﻤﺔ ﻗﺒﻞ ﺗﺠﺪﻳﺪﻩ ﻣﺒﺎﺷﺮﺓ‬
‫ﻗﻴﻤﺔ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ ﺍﻟﻤﺠﺪﺩ ﻗﺪ ﺗﻜﻮﻥ ﺃﻗﻞ ﻣﻦ ﻗﻴﻤﺔ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ‬ (1)
‫ﺍﻟﺬﻱ ﻛﺎﻥ ﻗﺎﺋﻤﺎً ﻗﺒﻞ ﺗﺠﺪﻳﺪﻩ ﻣﺒﺎﺷﺮﺓ؛ ﻭ‬
‫ﺗﺒﺪﺃ ﻣﺪﺓ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ ﺍﻟﻤﺠﺪﺩ ﺍﻋﺘﺒﺎﺭﺍً ﻣﻦ ﺗﺎﺭﻳﺦ ﺍﻧﺘﻬﺎﺀ ﺧﻄﺎﺏ‬ (2)
‫ ﻭﺗﻨﺘﻬﻲ ﻓﻲ‬،‫ﺍﻟﻀﻤﺎﻥ ﺍﻟﺬﻱ ﻛﺎﻥ ﻗﺎﺋﻤﺎً ﻗﺒﻞ ﺗﺠﺪﻳﺪﻩ ﻣﺒﺎﺷﺮﺓ‬
.‫ﺗﺎﺭﻳﺦ ﺍﻻﻧﺘﻬﺎﺀ ﺍﻟﻤﻘﺘﺮﺡ ﺍﻟﻤﺤﺪﺩ ﻓﻲ ﻃﻠﺐ ﺗﺠﺪﻳﺪ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ‬
‫ ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ‬،‫ﺇﺫﺍ ﺗﺤﻘﻘﺖ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺬﻛﻮﺭﺓ ﻓﻲ ﻛﺎﻓﺔ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ‬ (‫)ﺩ‬
‫ﺗﻌﺪﻳﻞ ﺃﻭ ﺇﻋﺎﺩﺓ ﺇﺻﺪﺍﺭ ﺃﻱ ﺧﻄﺎﺏ ﺿﻤﺎﻥ ﻭﻓﻘﺎً ﻟﻄﻠﺐ ﺗﺠﺪﻳﺪ ﺧﻄﺎﺏ‬
.‫ﺍﻟﻀﻤﺎﻥ‬
‫ﺇﻋﺎﺩﺓ ﺗﻘﻴﻴﻢ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ‬ 1-4
‫ ﻳﺠﻮﺯ‬،‫ﺇﺫﺍ ﺗﻢ ﺇﺻﺪﺍﺭ ﺃﻱ ﺧﻄﺎﺏ ﺿﻤﺎﻥ ﻏﻴﺮ ﻣﺴﺪﺩ ﺑﻌﻤﻠﺔ ﻏﻴﺮ ﺍﻟﺪﺭﻫﻢ‬ (‫)ﺃ‬
‫ﻟﻠﺒﻨﻚ ﻓﻲ ﺃﻱ ﻭﻗﺖ ﺑﻌﺪ ﺗﺎﺭﻳﺦ ﺍﺳﺘﻌﻤﺎﻝ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ ﺇﻋﺎﺩﺓ ﺍﺣﺘﺴﺎﺏ‬
‫ﺍﻟﻤﺒﻠﻎ ﺍﻟﺬﻱ ﻳﻌﺎﺩﻝ ﺑﺎﻟﺪﺭﻫﻢ ﺇﻟﻰ ﺗﻠﻚ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻤﺤﺪﺩﺓ ﻓﻲ ﻃﻠﺐ‬
.‫ﺍﻻﺳﺘﻌﻤﺎﻝ ﻟﻜﻞ ﺧﻄﺎﺏ ﻣﻦ ﺧﻄﺎﺑﺎﺕ ﺍﻟﻀﻤﺎﻥ ﺍﻟﻘﺎﺋﻤﺔ‬
ً‫ ﺇﺫﺍ ﻃﻠﺐ ﺍﻟﺒﻨﻚ ﺫﻟﻚ ﻭﺑﻌﺪ ﺃﻱ ﺍﺣﺘﺴﺎﺏ ﻭﻓﻘﺎ‬،‫ﻳﻨﺒﻐﻲ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ‬ (‫)ﺏ‬
‫ ﺿﻤﺎﻥ ﺇﻳﺪﺍﻉ ﻣﺒﺎﻟﻎ ﻓﻲ ﺣﺴﺎﺏ ﺍﻟﻬﺎﻣﺶ ﻟﺘﺴﻬﻴﻞ ﺧﻄﺎﺏ‬،‫ﻟﻠﻔﻘﺮﺓ )ﺃ( ﺃﻋﻼﻩ‬
‫ﺍﻟﻀﻤﺎﻥ ﺗﻜﻮﻥ ﻛﺎﻓﻴﺔ ﻟﺘﺠﻨﺐ ﺍﻧﺨﻔﺎﺽ ﻣﺠﻤﻮﻉ ﺍﻟﻤﺒﻠﻎ ﺍﻟﺪﺍﺋﻦ ﻓﻲ‬
‫ ﻟﻼﺳﺘﻌﻤﺎﻻﺕ‬،‫ ﺇﻥ ﻭﺟﺪ‬،‫ ﻋﻦ ﺍﻟﻤﺒﻠﻎ ﺍﻹﺟﻤﺎﻟﻲ‬،‫ ﻓﻲ ﺃﻱ ﻭﻗﺖ‬،‫ﺣﺴﺎﺏ ﺍﻟﻬﺎﻣﺶ‬
‫ﻏﻴﺮ ﺍﻟﻤﺴﺪﺩﺓ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ ﺍﻟﺬﻱ ﻳﺘﺠﺎﻭﺯ ﺣﺪ ﺍﻟﺘﺴﻬﻴﻞ‬
‫ ﺑﻌﺪ ﺃﻱ ﺗﻌﺪﻳﻞ ﻋﻠﻰ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﺬﻛﻮﺭ ﻓﻲ ﻃﻠﺐ‬،‫ﻟﺨﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ‬
 which the aggregate amount of the outstanding Utilisations under ،‫ﺍﻻﺳﺘﻌﻤﺎﻝ ﻷﻱ ﺧﻄﺎﺏ ﺿﻤﺎﻥ ﻗﺎﺋﻢ ﻏﻴﺮ ﻣﺴﺪﺩ ﻭﻓﻘﺎً ﻟﻠﻔﻘﺮﺓ )ﺃ( ﺃﻋﻼﻩ‬
the Letter of Guarantee Facility exceeds the Facility Limit for the .‫ﻭﺫﻟﻚ ﺧﻼﻝ ﺛﻼﺛﺔ ﺃﻳﺎﻡ ﻋﻤﻞ ﻣﻦ ﺗﺎﺭﻳﺦ ﺍﺳﺘﻼﻡ ﻫﺬﺍ ﺍﻟﻄﻠﺐ‬
Letter of Guarantee Facility following any adjustment to the
amount specified in a Utilisation Request for any outstanding
Letter of Guarantee under paragraph (a) above.

2. CLAIMS ‫ﺍﻟﻤﻄﺎﻟﺒﺎﺕ‬ 2.
2.1 Immediately payable ‫ﺍﻟﺴﺪﺍﺩ ﺍﻟﻤﺴﺘﺤﻖ ﻓﻮﺭ ًﺍ‬ 2-1
(a) The Customer must immediately on demand by the Bank pay to ‫ ﻓﻮﺭ ﻣﻄﺎﻟﺒﺔ‬،‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﻣﺒﻠﻎ ﻣﺴﺎﻭٍ ﻗﻴﻤﺔ ﺃﻱ ﻣﻄﺎﻟﺒﺔ‬ (‫)ﺃ‬
the Bank an amount equal to the amount of any claim made or ‫ ﺍﻟﺘﻲ ﺗﻤﺖ ﺃﻭ ﻣﻦ ﺍﻟﻤﻔﺘﺮﺽ ﺃﻥ ﺗﺘﻢ ﺑﻤﻮﺟﺐ ﺃﻱ ﺧﻄﺎﺏ‬،‫ﺍﻟﺒﻨﻚ ﻟﻪ ﺑﺬﻟﻚ‬
purported to be made under a Letter of Guarantee. .‫ﺿﻤﺎﻥ‬
(b) If a Letter of Guarantee or any amount outstanding under a Letter ‫ﺇﺫﺍ ﻭﺟﺐ ﺳﺪﺍﺩ ﻗﻴﻤﺔ ﺃﻱ ﺧﻄﺎﺏ ﺿﻤﺎﻥ ﺃﻭ ﺃﻱ ﻣﺒﻠﻎ ﻏﻴﺮ ﻣﺴﺪﺩ ﺍﺳﺘﺤﻖ‬ (‫)ﺏ‬
of Guarantee is expressed to be immediately payable, the ‫ ﻳﺘﻮﺟﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﻓﻮﺭﺍً ﺳﺪﺍﺩ ﺫﻟﻚ ﺍﻟﻤﺒﻠﻎ‬،‫ﺑﻤﻮﺟﺐ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ‬
Customer must repay or prepay that amount immediately. .‫ﺃﻛﺎﻥ ﺫﻟﻚ ﺍﻟﺴﺪﺍﺩ ﻣﺴﺒﻘﺎً ﺃﻡ ﻻ‬

2.2 Claims under a Letter of Guarantee ‫ﺍﻟﻤﻄﺎﻟﺒﺎﺕ ﺍﻟﻤﺘﻌﻠﻘﺔ ﺑﺨﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ‬ 2-2
(a) The Customer irrevocably and unconditionally authorises the Bank ‫ﻳﻔﻮﺽ ﺍﻟﻌﻤﻴﻞ ﺍﻟﺒﻨﻚ ﺗﻔﻮﻳﻀﺎً ﻧﻬﺎﺋﻴﺎً ﻏﻴﺮ ﻗﺎﺑﻞ ﻟﻠﻨﻘﺾ ﻭﻏﻴﺮ‬ (‫)ﺃ‬
to pay any claim or demand made or purported to be made under ‫ﻣﺸﺮﻭﻃﺎً ﻟﺴﺪﺍﺩ ﺃﻱ ﻣﻄﺎﻟﺒﺔ ﺃﻭ ﻃﻠﺐ ﻣﻘﺪﻡ ﺃﻭ ﻳﻔﺘﺮﺽ ﺗﻘﺪﻳﻤﻪ ﺑﺨﺼﻮﺹ‬
a Letter of Guarantee requested by it and which appears on its ‫ﺃﻱ ﺧﻄﺎﺏ ﺿﻤﺎﻥ ﻃﻠﺒﻪ ﺍﻟﻌﻤﻴﻞ ﻭﻳﺒﺪﻭ ﻇﺎﻫﺮﻳﺎً ﻣﻨﻪ ﺃﻧﻪ ﻏﻴﺮ ﻣﻌﻴﻮﺏ )ﻳُﺸﺎﺭ‬
face to be in order (in this clause 2, a claim). .(‫ ﺑـ ﺍﻟﻤﻄﺎﻟﺒﺔ‬2 ‫ﺇﻟﻴﻬﺎ ﻓﻲ ﻫﺬﻩ ﺍﻟﻤﺎﺩﺓ ﺭﻗﻢ‬
(b) The Customer acknowledges and agrees that the Bank: :‫ﻳﻘﺮ ﺍﻟﻌﻤﻴﻞ ﻭﻳﻮﺍﻓﻖ ﺑﺄﻥ ﺍﻟﺒﻨﻚ‬ (‫)ﺏ‬
(i) may not carry out any investigation or seek any confirmation ‫ﻳﻤﻜﻨﻪ ﺍﻻَ ﻳﻘﻮﻡ ﺑﺈﺟﺮﺍﺀ ﺃﻱ ﺗﺤﻘﻴﻖ ﺃﻭ ﻃﻠﺐ ﺗﺄﻛﻴﺪ ﻣﻦ ﺃﻱ ﺷﺨﺺ‬ (1)
from any other person before paying a claim; and ‫ﻗﺒﻞ ﺳﺪﺍﺩ ﺍﻟﻤﻄﺎﻟﺒﺔ؛ ﻭ‬
(ii) deals in documents only and will not be concerned with the ‫ ﻭﻟﻦ ﻳﻨﻈﺮ ﻓﻲ ﻗﺎﻧﻮﻧﻴﺔ ﺍﻟﻤﻄﺎﻟﺒﺔ‬،‫ﻳﺘﻌﺎﻣﻞ ﻣﻊ ﺍﻟﻤﺴﺘﻨﺪﺍﺕ ﻓﻘﻂ‬ (2)
legality of a claim or any underlying transaction or any ‫ﺃﻭ ﺃﻱ ﻣﻌﺎﻣﻠﺔ ﺃﺳﺎﺳﻴﺔ ﺃﺧﺮﻯ ﺃﻭ ﺃﻱ ﻣﻘﺎﺻﺔ ﻣﺘﺎﺣﺔ ﺃﻭ ﻣﻄﺎﻟﺒﺔ ﻣﻘﺎﺑﻠﺔ ﺃﻭ‬
available set-off, counterclaim or other defence of any .‫ﺃﻱ ﺩﻓﻊ ﺁﺧﺮ ﻣﻦ ﺃﻱ ﺷﺨﺺ‬
person.
(c) The obligations of the Customer under this clause 2 will not be :‫ ﺑﻤﺎ ﻳﻠﻲ‬2 ‫ﻟﻦ ﺗﺘﺄﺛﺮ ﻣﻮﺟﺒﺎﺕ ﺍﻟﻌﻤﻴﻞ ﻭﻓﻘﺎً ﻟﻬﺬﻩ ﺍﻟﻤﺎﺩﺓ ﺭﻗﻢ‬ (‫)ﺝ‬
affected by:
(i) the sufficiency, accuracy or genuineness of any claim or any ‫ﻛﻔﺎﻳﺔ ﺃﻭ ﺩﻗﺔ ﺃﻭ ﺻﺤﺔ ﺃﻱ ﻣﻄﺎﻟﺒﺔ ﺃﻭ ﺃﻱ ﻣﺴﺘﻨﺪ ﺁﺧﺮ؛ ﺃﻭ‬ (1)
other document; or
(ii) any incapacity of, or limitation on the powers of, any person ‫ﻓﻘﺪﺍﻥ ﺍﻷﻫﻠﻴﺔ ﺃﻭ ﺗﺤﺪﻳﺪ ﺻﻼﺣﻴﺎﺕ ﺃﻱ ﺷﺨﺺ ﻳﻮﻗّﻊ ﻣﻄﺎﻟﺒﺔ ﺃﻭ‬ (2)
signing a claim or other document. .‫ﻣﺴﺘﻨﺪﺍً ﺁﺧﺮ‬

2.3 Cancelation of Letter of Guarantee ‫ﺇﻟﻐﺎﺀ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ‬ 2-3

Any Letter of Guarantee issued by the Bank is cancelled if: :‫ﻳُﻠﻐﻰ ﺃﻱ ﺧﻄﺎﺏ ﺿﻤﺎﻥ ﺃﺻﺪﺭﻩ ﺍﻟﺒﻨﻚ ﺇﺫﺍ‬
(a) the aggregate amount of claims made under the Letter of ً‫ﻛﺎﻥ ﺇﺟﻤﺎﻟﻲ ﻗﻴﻤﺔ ﺍﻟﻤﻄﺎﻟﺒﺎﺕ ﺍﻟﻤﻘﺪﻣﺔ ﺑﺨﺼﻮﺹ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ ﻣﺴﺎﻭﻳﺎ‬ (‫)ﺃ‬
Guarantee is equal to the full amount of the Letter of Guarantee; ‫ﻹﺟﻤﺎﻟﻲ ﻗﻴﻤﺔ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ؛‬
(b) the original Letter of Guarantee is returned to the Bank; ‫ﺗﻤﺖ ﺇﻋﺎﺩﺓ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ ﺍﻷﺻﻠﻲ ﺇﻟﻰ ﺍﻟﺒﻨﻚ؛‬ (‫)ﺏ‬
(c) the Bank receives written confirmation in form and substance ‫ ﺑﺎﻟﺸﻜﻞ ﻭﺍﻟﻤﻀﻤﻮﻥ ﻭﺑﺎﻟﻄﺮﻳﻘﺔ ﺍﻟﺘﻲ‬،ً‫ﺗﻠﻘﻰ ﺍﻟﺒﻨﻚ ﺗﺄﻛﻴﺪﺍً ﻣﻜﺘﻮﺑﺎ‬ (‫)ﺝ‬
satisfactory to the Bank that the Letter of Guarantee is cancelled; ‫ ﺑﺈﻟﻐﺎﺀ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ؛ ﺃﻭ‬،‫ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ ﻣﻘﺒﻮﻟﺔ‬
or
(d) the Bank is satisfied that it has no further liability under the Letter .‫ﺗﺄﻛﺪ ﺍﻟﺒﻨﻚ ﻣﻦ ﻋﺪﻡ ﻭﺟﻮﺩ ﺃﻱ ﺍﻟﺘﺰﺍﻡ ﺁﺧﺮ ﻋﻠﻴﻪ ﺑﻤﻮﺟﺐ ﺧﻄﺎﺏ ﺍﻟﻀﻤﺎﻥ‬ (‫)ﺩ‬
of Guarantee.

3. FACILITY COMMISSION ‫ﻋﻤﻮﻟﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ 3.

The Customer must, on each Utilisation Date under a Letter of Guarantee ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﻣﺒﻠﻎ ﻣﺴﺎﻭٍ ﻟﻌﻤﻮﻟﺔ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﻄﺒﻘﺔ ﻋﻠﻰ ﺍﺳﺘﻌﻤﺎﻝ ﺧﻄﺎﺏ‬
Facility, pay to the Bank an amount equal to the Facility Commission ‫ ﻓﻲ ﻛﻞ ﺗﺎﺭﻳﺦ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺧﻄﺎﺏ‬،‫ﺍﻟﻀﻤﺎﻥ ﺇﻟﻰ ﺍﻟﺒﻨﻚ‬
applicable to the Utilisation. .‫ﺍﻟﻀﻤﺎﻥ‬

4. OTHER ‫ﺑﻨﻮﺩ ﺃﺧﺮﻯ‬ 4.

The Bank is not obliged to provide any other credit facilities to the Customer ‫ﻻ ﻳﻠﺘﺰﻡ ﺍﻟﺒﻨﻚ ﺑﺘﻘﺪﻳﻢ ﺃﻳﺔ ﺗﺴﻬﻴﻼﺕ ﺍﺋﺘﻤﺎﻧﻴﺔ ﺃﺧﺮﻯ ﺇﻟﻰ ﺍﻟﻌﻤﻴﻞ ﺇﺫﺍ ﺗﻢ ﻗﺒﻮﻝ‬
if the Customer's bid (or project) for which the Bank has issued a Letter of .‫ﻋﻄﺎﺀ )ﺃﻭ ﻣﺸﺮﻭﻉ( ﺍﻟﻌﻤﻴﻞ ﺍﻟﺬﻱ ﺃﺻﺪﺭ ﺍﻟﺒﻨﻚ ﺑﺸﺄﻧﻪ ﺧﻄﺎﺏ ﺿﻤﺎﻥ‬
Guarantee is accepted.

BBG/OCFL/V01/ADCB 06102013 Page 17 of 35

 SCHEDULE 5 5 ‫ﺍﻟﻤﻠﺤﻖ‬
Loan Against Import/Trust Receipt Facility ‫ ﺇﻳﺼﺎﻝ ﺃﻣﺎﻧﺔ‬/ ‫ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬

Each Loan Against Import/Trust Receipt Facility is made available on the ‫ ﺇﻳﺼﺎﻝ ﺍﻷﻣﺎﻧﺔ‬/ ‫ﻳﺘﻢ ﺗﻘﺪﻳﻢ ﻛﻞ ﺗﺴﻬﻴﻞ ﻣﻦ ﺗﺴﻬﻴﻼﺕ ﺍﻟﻘﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬
terms and subject to the conditions of this Opening Credit Facility Letter ‫ﻭﻓﻘﺎً ﻷﺣﻜﺎﻡ ﻭﺷﺮﻭﻁ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ )ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺍﻟﻤﻠﺤﻖ‬
(including this Schedule 5), the Standard Terms and the Loan Against ‫ ﺇﻳﺼﺎﻝ‬/ ‫( ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻟﻠﻘﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬5
Import/Trust Receipt Standard Terms, each as amended from time to time. .‫ ﻭﻣﺎ ﻳﻄﺮﺃ ﻋﻠﻰ ﻛﻞ ﻣﻨﻬﺎ ﻣﻦ ﺗﻌﺪﻳﻼﺕ ﻣﻦ ﻭﻗﺖ ﻵﺧﺮ‬،‫ﺍﻷﻣﺎﻧﺔ‬
(‫)ﺃ‬
1. UTILISATION ‫ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1.
1.1 Completion of a Utilisation Request ‫ﺇﻛﻤﺎﻝ ﻃﻠﺐ ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1-1
Each Utilisation Request under a Loan Against Import/Trust Receipt Facility ‫ ﺇﻳﺼﺎﻝ‬/ ‫ﻳﻜﻮﻥ ﻛﻞ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﻘﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬
is irrevocable and will not be regarded as having been duly completed ‫ ﻭﻟﻦ ﻳﻌﺘﺒﺮ ﻣﻜﺘﻤﻼً ﺣﺴﺐ‬،‫ﺍﻷﻣﺎﻧﺔ ﻧﻬﺎﺋﻴﺎً ﻭﻏﻴﺮ ﻗﺎﺑﻞ ﻟﻠﻨﻘﺾ‬
unless: :‫ ﻣﺎ ﻟﻢ‬،‫ﺍﻷﺻﻮﻝ‬
(a) it specifies that it is for a loan against import/trust receipt; ‫ ﺇﻳﺼﺎﻝ ﺍﻷﻣﺎﻧﺔ؛‬/ ‫ﻳﺤﺪﺩ ﺃﻧﻪ ﻟﻐﺮﺽ ﻗﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬ (‫)ﺃ‬
(b) the proposed Utilisation Date is a Business Day; ‫ﻳﻜﻦ ﺗﺎﺭﻳﺦ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻳﻮﻡ ﻋﻤﻞ؛‬ (‫)ﺏ‬
(c) the proposed currency is the Facility Currency, unless approved ‫ ﻣﺎ ﻋﺪﺍ ﻓﻲ ﺍﻟﺤﺎﻻﺕ‬،‫ﺗﻜﻦ ﺍﻟﻌﻤﻠﺔ ﺍﻟﻤﻘﺘﺮﺣﺔ ﻫﻲ ﻧﻔﺲ ﻋﻤﻠﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ (‫)ﺝ‬
otherwise by the Bank; ‫ﺍﻟﻤﻮﺍﻓﻖ ﻋﻠﻴﻬﺎ ﻣﻦ ﺍﻟﺒﻨﻚ؛‬
(d) the amount of the proposed Utilisation is not more than the ‫ﻣﺒﻠﻎ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻻ ﻳﺰﻳﺪ ﻋﻦ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﺘﻮﻓﺮ؛‬ (‫)ﺩ‬
Available Facility;

1.2 Utilisation of a Facility ‫ﺍﺳﺘﻌﻤﺎﻝ ﺗﺴﻬﻴﻞ‬ 1-2

(a) The Bank may, at its sole discretion, reject any Utilisation Request ‫ ﺭﻓﺾ ﺃﻱ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ‬،‫ ﻭﻓﻖ ﺗﻘﺪﻳﺮﻩ ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ‬ (‫)ﺃ‬
under a Loan Against Import/Trust Receipt Facility; ‫ ﺇﻳﺼﺎﻝ ﺃﻣﺎﻧﺔ؛‬/ ‫ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬
(b) The Bank may not give effect to any Utilisation Request under a ‫ﻗﺮﺽ‬ ‫ﺗﺴﻬﻴﻞ‬ ‫ﺑﻤﻮﺟﺐ‬ ‫ﺍﺳﺘﻌﻤﺎﻝ‬ ‫ﻃﻠﺐ‬ ‫ﺗﻨﻔﻴﺬ‬ ‫ﺭﻓﺾ‬ ‫ﻳﺠﻮﺯ )ﺏ(ﻟﻠﺒﻨﻚ‬
Loan Against Import/Trust Receipt Facility unless the Customer ‫ ﻣﺎ ﻟﻢ ﻳﻮﺩﻉ ﺍﻟﻌﻤﻴﻞ ﻣﺒﻠﻐﺎً ﻳﻌﺎﺩﻝ ﻗﻴﻤﺔ‬،‫ ﺇﻳﺼﺎﻝ ﺃﻣﺎﻧﺔ‬/ ‫ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬
has deposited in the Margin Account an amount equal to the Loan ‫ ﺇﻳﺼﺎﻝ ﺃﻣﺎﻧﺔ ﻓﻲ ﺣﺴﺎﺏ ﺍﻟﻬﺎﻣﺶ ﻟﻐﺮﺽ‬/ ‫ﺍﻟﻘﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬
Against Import/Trust Receipt Margin for the proposed Utilisation; ‫ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ؛‬
(c) Subject to clause 3 (Conditions Precedent) of the Standard Terms 3 ‫ ﻭﻓﻘﺎً ﻟﻠﻤﺎﺩﺓ‬،‫ﺗﺤﻘﻘﺖ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺬﻛﻮﺭﺓ ﻓﻲ ﻛﺎﻓﺔ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ‬ (‫ﺇﺫﺍ )ﺝ‬
and paragraph (a) above, if the conditions set out in all the ‫ ﻳﺠﻮﺯ‬،‫)ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺴﺒﻘﺔ( ﻣﻦ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺍﻟﻔﻘﺮﺓ )ﺃ( ﺃﻋﻼﻩ‬
Transaction Documents have been met, the Bank may make a ‫ﻗﺮﺽ‬ ‫ﺗﺴﻬﻴﻞ‬ ‫ﺑﻤﻮﺟﺐ‬ ‫ﺍﻹﺳﺘﻌﻤﺎﻝ‬ ‫ﻃﻠﺐ‬ ‫ﻋﻠﻰ‬ ‫ﺍﻟﻤﻮﺍﻓﻘﺔ‬ ‫ﺑﻌﺪﻫﺎ‬ ‫ﻟﻠﺒﻨﻚ‬
Utilisation under a Loan Against Import/Trust Receipt Facility at .‫ ﺇﻳﺼﺎﻝ ﺃﻣﺎﻧﺔ ﺣﻴﻨﻤﺎ ﻳﺸﺎﺀ‬/ ‫ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬
anytime thereafter.

1.3 Immediately payable ً‫ﺍﻟﺴﺪﺍﺩ ﺍﻟﻤﺴﺘﺤﻖ ﻓﻮﺭﺍ‬ 1-3

If a Loan against Import/Trust Receipt or any amount outstanding under ‫ ﺇﻳﺼﺎﻝ ﺍﻻﻣﺎﻧﺔ ﺃﻭ ﺃﻱ ﻣﺒﻠﻎ ﻏﻴﺮ‬/ ‫ﺇﺫﺍ ﻭﺟﺐ ﺳﺪﺍﺩ ﻗﻴﻤﺔ ﺃﻱ ﻗﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬
Loan against Import/Trust Receipt is expressed to be immediately payable, ‫ ﻳﺘﻮﺟﺐ‬،‫ ﺇﻳﺼﺎﻝ ﺍﻷﻣﺎﻧﺔ‬/‫ﻣﺴﺪﺩ ﺃُﺳﺘﺤﻖ ﻋﻠﻰ ﺃﻱ ﻗﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬
the Customer must repay or prepay that amount immediately. .‫ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﻓﻮﺭﺍً ﺳﺪﺍﺩ ﺫﻟﻚ ﺍﻟﻤﺒﻠﻎ ﺃﻛﺎﻥ ﺫﻟﻚ ﺍﻟﺴﺪﺍﺩ ﻣٌﺴﺒﻘﺎً ﺃﻡ ﻻ‬

2. GOODS
(a) The Customer must store all goods delivered or shipped in
connection with a loan against import/trust receipt in a manner
which enables identification of the goods and preserves title of the
Bank to the goods.
(b) The Customer must create a Security over any goods delivered or
shipped in connection with a loan against import/trust receipt,
assign the proceeds of sale of the goods and/or deposit title to the
goods as the Bank may request.
‫ﺍﻟﺴﻠﻊ‬ 2.
‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺗﺨﺰﻳﻦ ﻛﺎﻓﺔ ﺍﻟﺴﻠﻊ ﺍﻟﻤﺴﻠﻤﺔ ﺃﻭ ﺍﻟﻤﺸﺤﻮﻧﺔ‬ (‫)ﺃ‬
‫ ﺇﻳﺼﺎﻝ ﺃﻣﺎﻧﻪ ﺑﺎﻟﺸﻜﻞ ﺍﻟﺬﻱ ﻳﻤﻜﻦ‬/ ‫ﺑﺨﺼﻮﺹ ﻗﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬
.‫ﻣﻦ ﺗﺤﺪﻳﺪ ﺍﻟﺴﻠﻊ ﻭﺣﻔﻆ ﻣﻠﻜﻴﺔ ﺍﻟﺒﻨﻚ ﻟﻬﺎ‬
‫ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺇﻧﺸﺎﺀ ﺿﻤﺎﻥ ﻋﻠﻰ ﺃﻱ ﺳﻠﻊ ﻣﺴﻠّﻤﺔ ﺃﻭ ﻣﺸﺤﻮﻧﺔ ﺑﺨﺼﻮﺹ‬ (‫)ﺏ‬
‫ ﻭﺍﻟﺘﻨﺎﺯﻝ ﻋﻦ ﺇﻳﺮﺍﺩﺍﺕ ﺑﻴﻊ‬،‫ ﺇﻳﺼﺎﻝ ﺍﻷﻣﺎﻧﺔ‬/ ‫ﺍﻟﻘﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬
.‫ﺃﻭ ﺇﻳﺪﺍﻉ ﻣﻠﻜﻴﺔ ﺍﻟﺴﻠﻊ ﻭﻓﻖ ﻣﺎ ﻳﻄﻠﺒﻪ ﺍﻟﺒﻨﻚ‬/‫ﺍﻟﺴﻠﻊ ﻭ‬

3. INTEREST ‫ﺍﻟﻔﺎﺋﺪﺓ‬ 3.
The Customer must pay accrued interest on each Utilisation under the Loan ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺮﺍﻛﻤﺔ ﻋﻦ ﻛﻞ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ‬
Against Import/Trust Receipt Facility calculated at the Applicable Rate. ‫ ﻭﻳﺘﻢ ﺍﺣﺘﺴﺎﺏ ﺍﻟﻔﺎﺋﺪﺓ‬،‫ ﺇﻳﺼﺎﻝ ﺍﻷﻣﺎﻧﺔ‬/ ‫ﺍﻟﻘﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬
.‫ﻭﻓﻘﺎً ﻟﻨﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﻄﺒﻘﺔ‬

4. REPAYMENT ‫ﺍﻟﺴﺪﺍﺩ‬ 4.
The Customer must immediately on demand by the Bank repay all amounts ‫ﻳﻨﺒﻐﻲ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﻛﺎﻓﺔ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﺴﺘﻌﻤﻠﺔ ﻭﻏﻴﺮ ﺍﻟﻤﺴﺪﺩﺓ ﺑﻤﻮﺟﺐ‬
utilised and outstanding under the Loan Against Import/Trust Receipt ‫ ﻓﻮﺭ‬،‫ ﺇﻳﺼﺎﻝ ﺍﻷﻣﺎﻧﺔ ﺇﻟﻰ ﺍﻟﺒﻨﻚ‬/ ‫ﺗﺴﻬﻴﻞ ﺍﻟﻘﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬
Facility. .‫ﻃﻠﺒﻪ ﺫﻟﻚ‬

5. FACILITY COMMISSION ‫ﻋﻤﻮﻟﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ 5.

The Customer must, on each Utilisation Date under a Loan Against ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﺇﻟﻰ ﺍﻟﺒﻨﻚ ﻣﺒﻠﻎ ﻣﺴﺎﻭٍ ﻟﻌﻤﻮﻟﺔ ﺍﻟﺘﺴﻬﻴﻞ ﻋﻠﻰ ﺍﻻﺳﺘﻌﻤﺎﻝ‬
Import/Trust Receipt Facility, pay to the Bank an amount equal to the Facility / ‫ﻓﻲ ﻛﻞ ﺗﺎﺭﻳﺦ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﻘﺮﺽ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﻴﺮﺍﺩ‬
Commission on the Utilisation (if applicable). .(‫ﺇﻳﺼﺎﻝ ﺍﻷﻣﺎﻧﺔ )ﺇﺫﺍ ﻛﺎﻧﺖ ﻣُﻄﺒﻘﺔ‬

BBG/OCFL/V01/ADCB 06102013 Page 18 of 35

 SCHEDULE 6 6 ‫ﺍﻟﻤﻠﺤﻖ‬
Overdraft Facility ‫ﺗﺴﻬﻴﻞ ﺍﻟﺴﺤﺐ ﻋﻠﻰ ﺍﻟﻤﻜﺸﻮﻑ‬

Each Overdraft Facility is made available on the terms and subject to the ‫ﺧﻄﺎﺏ ﻓﺘﺢ‬
(‫ﻳﺘﻢ ﺗﻘﺪﻳﻢ ﻛﻞ ﺗﺴﻬﻴﻞ ﻟﻠﺴﺤﺐ ﻋﻠﻰ ﺍﻟﻤﻜﺸﻮﻑ ﻭﻓﻘﺎً ﻷﺣﻜﺎﻡ ﻭﺷﺮﻭﻁ )ﺏ‬
conditions of this Opening Credit Facility Letter (including this Schedule 6), ‫( ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺍﻟﺸﺮﻭﻁ‬6 ‫ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ )ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺍﻟﻤﻠﺤﻖ‬
the Standard Terms and the Overdraft Standard Terms, each as amended ‫ ﻭﻣﺎ ﻳﻄﺮﺃ ﻋﻠﻰ ﻛﻞ ﻣﻨﻬﺎ ﻣﻦ ﺗﻌﺪﻳﻼﺕ ﻣﻦ ﻭﻗﺖ‬،‫ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻟﻠﺴﺤﺐ ﻋﻠﻰ ﺍﻟﻤﻜﺸﻮﻑ‬
from time to time. .‫ﻵﺧﺮ‬
(‫)ﺝ‬
1 UTILISATION ‫ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1.
(a) Each Utilisation Request under an Overdraft Facility is irrevocable; ‫ﻳﻜﻮﻥ ﻛﻞ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﻟﺘﺴﻬﻴﻞ ﺍﻟﺴﺤﺐ ﻋﻠﻰ ﺍﻟﻤﻜﺸﻮﻑ ﻧﻬﺎﺋﻴﺎً ﻏﻴﺮ‬ (‫)ﺃ‬
‫ﻗﺎﺑﻞ ﻟﻠﻨﻘﺾ؛‬
(b) The Bank may not give effect to a Utilisation under an Overdraft ‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﺭﻓﺾ ﺗﻨﻔﻴﺬ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﺴﺤﺐ‬ (‫)ﺏ‬
Facility if, as a result, the aggregate amount of Utilisations under ‫ ﺇﺫﺍ ﺗﺠﺎﻭﺯ ﺍﻟﻤﺒﻠﻎ ﺍﻹﺟﻤﺎﻟﻲ ﻟﻺﺳﺘﻌﻤﺎﻻﺕ ﺑﻤﻮﺟﺐ‬،‫ﻋﻠﻰ ﺍﻟﻤﻜﺸﻮﻑ‬
the Overdraft Facility together with all accrued and outstanding ‫ ﺇﺿﺎﻓﺔً ﺇﻟﻰ ﺟﻤﻴﻊ ﺍﻟﻔﻮﺍﺋﺪ ﺍﻟﻤﺘﺮﺍﻛﻤﺔ‬،‫ﺗﺴﻬﻴﻞ ﺍﻟﺴﺤﺐ ﻋﻠﻰ ﺍﻟﻤﻜﺸﻮﻑ‬
interest under the Overdraft Facility would exceed the Facility Limit ‫ ﺣﺪ ﺫﻟﻚ ﺍﻟﺘﺴﻬﻴﻞ؛‬،‫ﻭﻏﻴﺮ ﺍﻟﻤﺴﺪﺩﺓ ﺑﻤﻮﺟﺐ ﺫﻟﻚ ﺍﻟﺘﺴﻬﻴﻞ‬
for the Overdraft Facility;
(c) The Bank may, at its sole discretion, reject any Utilisation Request ‫ﺍﺳﺘﻌﻤﺎﻝ‬ ‫ﻃﻠﺐ‬ ‫ﺃﻱ‬ ‫ﺭﻓﺾ‬ ،‫ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬ ‫ﺗﻘﺪﻳﺮﻩ‬ ‫ﻭﻓﻖ‬ ،‫ﻳﺠﻮﺯ )ﺝ(ﻟﻠﺒﻨﻚ‬
under an Overdraft Facility. .‫ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﺴﺤﺐ ﻋﻠﻰ ﺍﻟﻤﻜﺸﻮﻑ‬

2 INTEREST ‫ﺍﻟﻔﺎﺋﺪﺓ‬ 2.
The Customer must pay accrued interest on the aggregate amount ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺮﺍﻛﻤﺔ ﻋﻠﻰ ﺇﺟﻤﺎﻟﻲ ﺍﻟﻤﺒﻠﻎ ﻏﻴﺮ ﺍﻟﻤﺴﺪﺩ ﺑﻤﻮﺟﺐ‬
outstanding at any time under the Overdraft Facility calculated at the ‫ ﻋﻠﻰ ﺃﻥ ﻳﺘﻢ ﺍﺣﺘﺴﺎﺏ ﻫﺬﻩ ﺍﻟﻔﺎﺋﺪﺓ‬،‫ﺗﺴﻬﻴﻞ ﺍﻟﺴﺤﺐ ﻋﻠﻰ ﺍﻟﻤﻜﺸﻮﻑ ﻓﻲ ﺃﻱ ﻭﻗﺖ‬
Applicable Rate. .‫ﻭﻓﻘﺎً ﻟﻨﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﻄﺒﻘﺔ‬

3 ACTIVE USE ‫ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻨﺸﻂ‬ 3.

The Customer must maintain a credit balance on the Overdraft Facility Bank ‫ﻳﺠﺐ ﺃﻥ ﻳﺤﺘﻔﻆ ﺍﻟﻌﻤﻴﻞ ﺑﺮﺻﻴﺪ ﺩﺍﺋﻦ ﻓﻲ ﺣﺴﺎﺏ ﺍﻟﺴﺤﺐ ﻋﻠﻰ ﺍﻟﻤﻜﺸﻮﻑ ﻟﻤﺎ ﻻ‬
Account for not less than three Business Days in each calendar year or as .‫ ﺃﻭ ﻭﻓﻖ ﻣﺎ ﻳﻄﻠﺒﻪ ﺍﻟﺒﻨﻚ‬،‫ﻳﻘﻞ ﻋﻦ ﺛﻼﺛﺔ ﺃﻳﺎﻡ ﻋﻤﻞ ﻓﻲ ﻛﻞ ﻋﺎﻡ ﺗﻘﻮﻳﻤﻲ‬
otherwise requested by the Bank.

4 REPAYMENT ‫ﺍﻟﺴﺪﺍﺩ‬ 4.
The Customer must immediately on demand by the Bank repay all amounts ‫ﻭﻏﻴﺮ‬ ‫ﺍﻟﻤﺴﺘﻌﻤﻠﺔ‬ ‫ﺍﻟﻤﺒﺎﻟﻎ‬ ‫ﻛﺎﻓﺔ‬ ‫ﺳﺪﺍﺩ‬ ‫ﺍﻟﻌﻤﻴﻞ‬ ‫ ﻳﺠﺐ ﻋﻠﻰ‬،‫ﻓﻮﺭ ﻣﻄﺎﻟﺒﺔ ﺍﻟﺒﻨﻚ ﺑﺬﻟﻚ‬
utilised and outstanding under the Overdraft Facility. .‫ﺍﻟﻤﺴﺪﺩﺓ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﺴﺤﺐ ﻋﻠﻰ ﺍﻟﻤﻜﺸﻮﻑ‬

BBG/OCFL/V01/ADCB 06102013 Page 19 of 35

 SCHEDULE 7 7 ‫ﺍﻟﻤﻠﺤﻖ‬
Short-Term Loan Facility ‫ﺗﺴﻬﻴﻞ ﺍﻟﻘﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ‬

Each Short-Term Loan Facility is made available on the terms and subject to ‫ﻳﺘﻢ ﺗﻘﺪﻳﻢ ﻛﻞ ﺗﺴﻬﻴﻞ ﻟﻠﻘﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ ﻭﻓﻘﺎً ﻷﺣﻜﺎﻡ ﻭﺷﺮﻭﻁ ﺧﻄﺎﺏ ﻓﺘﺢ‬
the conditions of this Opening Credit Facility Letter (including this Schedule ‫( ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺍﻟﺸﺮﻭﻁ‬7 ‫ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ )ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺍﻟﻤﻠﺤﻖ‬
7), the Standard Terms and the Short-Term Loan Standard Terms, each as ‫ ﻭﻣﺎ ﻳﻄﺮﺃ ﻋﻠﻰ ﻛﻞ ﻣﻨﻬﺎ ﻣﻦ ﺗﻌﺪﻳﻼﺕ ﻣﻦ ﻭﻗﺖ‬،‫ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻟﻠﻘﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ‬
amended from time to time. .‫ﻵﺧﺮ‬

1. UTILISATION ‫ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1.
1.1 Completion of a Utilisation Request ‫ﺇﻛﻤﺎﻝ ﻃﻠﺐ ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1-1
Each Utilisation Request under a Short-Term Loan Facility is irrevocable and ‫ﻳﻜﻮﻥ ﻛﻞ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﻘﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ ﻧﻬﺎﺋﻴﺎً ﻏﻴﺮ ﻗﺎﺑﻞ‬
will not be regarded as having been duly completed unless: :‫ ﻣﺎ ﻟﻢ‬،‫ﻟﻠﻨﻘﺾ ﻭﻟﻦ ﻳﻌﺘﺒﺮ ﻣﻜﺘﻤﻼً ﺣﺴﺐ ﺍﻷﺻﻮﻝ‬
(a) the proposed Utilisation Date is a Business Day; ‫ﻳﻜﻦ ﺗﺎﺭﻳﺦ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻳﻮﻡ ﻋﻤﻞ؛‬ (‫)ﺃ‬
(b) the proposed currency is the Facility Currency, unless approved ‫ ﻣﺎ ﻋﺪﺍ ﻓﻲ ﺍﻟﺤﺎﻻﺕ‬،‫ﺗﻜﻦ ﺍﻟﻌﻤﻠﺔ ﺍﻟﻤﻘﺘﺮﺣﺔ ﻧﻔﺲ ﻋﻤﻠﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ (‫)ﺏ‬
otherwise by the Bank; ‫ﺍﻟﻤﻮﺍﻓﻖ ﻋﻠﻴﻬﺎ ﻣﻦ ﺍﻟﺒﻨﻚ؛‬
(c) the amount of the proposed Utilisation is not more than the ‫ﻣﺒﻠﻎ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻻ ﻳﺰﻳﺪ ﻋﻦ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﺘﻮﻓﺮ؛‬ (‫)ﺝ‬
Available Facility;
(d) the proposed Interest Period complies with clause 3 (Interest ‫ )ﻓﺘﺮﺍﺕ ﺍﻟﻔﺎﺋﺪﺓ(؛ ﻭ‬3 ‫ﺗﻄﺎﺑﻖ ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﻘﺘﺮﺣﺔ ﻣﻊ ﺍﻟﻤﺎﺩﺓ‬ (‫)ﺩ‬
Periods); and
(e) the proposed term of the Utilisation does not exceed the Facility .‫ﺗﻜﻦ ﺍﻟﻤﺪﺓ ﺍﻟﻤﻘﺘﺮﺣﺔ ﻟﻼﺳﺘﻌﻤﺎﻝ ﻻ ﺗﺘﺠﺎﻭﺯ ﻣﻦ ﻣﺪﺓ ﺍﻟﺘﺴﻬﻴﻞ‬ (‫)ﻩ‬
Tenor.
1.2 Utilisation ‫ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1-2
(a) The Bank may, at its sole discretion, reject any Utilisation Request ‫ ﺭﻓﺾ ﺃﻱ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ‬،‫ ﻭﻓﻖ ﺗﻘﺪﻳﺮﻩ ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ‬ (‫)ﺃ‬
under a Short-Term Loan Facility. .‫ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﻘﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ‬
(b) Subject to clause 3 (Conditions Precedent) of the Standard Terms 3 ‫ ﻭﻓﻘﺎً ﻟﻠﻤﺎﺩﺓ‬،‫ﺇﺫﺍ ﺗﺤﻘﻘﺖ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺬﻛﻮﺭﺓ ﻓﻲ ﻛﺎﻓﺔ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ‬ (‫)ﺏ‬
and paragraph (a) above, if the conditions set out in all the ‫ ﻳﺠﻮﺯ‬،‫)ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺴﺒﻘﺔ( ﻣﻦ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺍﻟﻔﻘﺮﺓ )ﺃ( ﺃﻋﻼﻩ‬
Transaction Documents have been met, the Bank may make ‫ﻟﻠﺒﻨﻚ ﺑﻌﺪﻫﺎ ﺗﻮﻓﻴﺮ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ ﻟﻠﻌﻤﻴﻞ ﺣﻴﻨﻤﺎ‬
available to the Customer a Utilisation under a Short-Term Loan .‫ﻳﺸﺎﺀ‬
Facility at any time thereafter.

2. INTEREST ‫ﺍﻟﻔﺎﺋﺪﺓ‬ 2.
The Customer must pay accrued interest on each Utilisation under a Short- ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺮﺍﻛﻤﺔ ﻋﻠﻰ ﻛﻞ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ‬
Term Loan Facility: :‫ﻗﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ‬
(a) calculated at the Applicable Rate; and ‫ﻳﺘﻢ ﺍﺣﺘﺴﺎﺑﻬﺎ ﻭﻓﻘﺎً ﻟﻨﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﻄﺒﻘﺔ ؛ ﻭ‬ (‫)ﺃ‬
(b) unless provided otherwise in any Credit Facility Letter, on the last ‫ ﻣﺎ ﻟﻢ ﻳﻜﻦ ﻫﻨﺎﻙ ﻣﺎ ﻳﻨﺺ ﻋﻠﻰ ﺧﻼﻑ‬،‫ﻓﻲ ﺁﺧﺮ ﻳﻮﻡ ﻣﻦ ﻛﻞ ﻓﺘﺮﺓ ﻓﺎﺋﺪﺓ‬ (‫)ﺏ‬
day of each Interest Period. .‫ﺫﻟﻚ ﻓﻲ ﺃﻱ ﺧﻄﺎﺏ ﺗﺴﻬﻴﻞ ﺍﺋﺘﻤﺎﻧﻲ‬

3. INTEREST PERIODS ‫ﻓﺘﺮﺍﺕ ﺍﻟﻔﺎﺋﺪﺓ‬ 3.

3.1 Interest Periods ‫ﻓﺘﺮﺍﺕ ﺍﻟﻔﺎﺋﺪﺓ‬ 3-1
(a) Each Utilisation under a Short-Term Loan Facility has successive ‫ﻛﻞ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ ﺗﺘﺒﻌﻪ ﻓﺘﺮﺍﺕ‬ (‫)ﺃ‬
Interest Periods. .‫ﻓﺎﺋﺪﺓ ﺗﻌﺎﻗﺒﻴﺔ‬
(b) Each Interest Period for a Utilisation under a Short-Term Loan ‫ﺗﺒﺪﺃ ﻛﻞ ﻓﺘﺮﺓ ﻓﺎﺋﺪﺓ ﻻﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﻘﺮﺽ ﻗﺼﻴﺮ‬ (‫)ﺏ‬
Facility will start on the Utilisation Date of that Utilisation or (if ‫ﺍﻷﺟﻞ ﻓﻲ ﺗﺎﺭﻳﺦ ﺍﺳﺘﻌﻤﺎﻝ ﺍﻟﺘﺴﻬﻴﻞ ﺃﻭ ﻓﻲ ﺍﻟﻴﻮﻡ ﺍﻷﺧﻴﺮ ﻣﻦ ﻓﺘﺮﺓ‬
already made) on the last day of its preceding Interest Period. .(ً‫ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﺴﺎﺑﻘﺔ )ﺇﺫﺍ ﻛﺎﻥ ﻗﺪ ﺍﺳﺘُﺨﺪﻡ ﻓﻌﻼ‬
3.2 No overrunning the Termination Date ‫ﻻ ﺗﺠﺎﻭﺯ ﻟﺘﺎﺭﻳﺦ ﺍﻹﻧﻬﺎﺀ‬ 3-2
(a) An Interest Period for a Utilisation under a Short-Term Loan ‫ﻻ ﻳﺠﻮﺯ ﺃﻥ ﺗﺘﺠﺎﻭﺯ ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ ﻻﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﻘﺮﺽ‬ (‫)ﺃ‬
Facility may not extend beyond the Review Date, unless otherwise .‫ ﻣﺎ ﻟﻢ ﻳﻮﺍﻓﻖ ﺍﻟﺒﻨﻚ ﻋﻠﻰ ﺧﻼﻑ ﺫﻟﻚ‬،‫ﻗﺼﻴﺮ ﺍﻷﺟﻞ ﺗﺎﺭﻳﺦ ﺍﻟﻤﺮﺍﺟﻌﺔ‬
agreed by the Bank.
(b) If an Interest Period under a Short-Term Loan Facility would ‫ﺇﺫﺍ ﺗﺠﺎﻭﺯﺕ ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﻘﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ‬ (‫)ﺏ‬
otherwise overrun the Review Date, it will be shortened so that it ‫ ﻳﺘﻢ ﺗﻘﺼﻴﺮ ﺗﻠﻚ ﺍﻟﻤﺪﺓ ﺣﺘﻰ ﺗﻨﺘﻬﻲ ﻓﻲ ﺗﺎﺭﻳﺦ‬،‫ﺗﺎﺭﻳﺦ ﺍﻟﻤﺮﺍﺟﻌﺔ‬
ends on the Review Date. .‫ﺍﻟﻤﺮﺍﺟﻌﺔ‬
3.3 Changes to Interest Periods ‫ﺗﻐﻴﻴﺮ ﻓﺘﺮﺍﺕ ﺍﻟﻔﺎﺋﺪﺓ‬ 3-3
Prior to determining the interest rate for a Utilisation under a Short-Term ،‫ﻗﺒﻞ ﺗﺤﺪﻳﺪ ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﻋﻠﻰ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﻘﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ‬
Loan Facility, the Bank may shorten an Interest Period for any Utilisation at ‫ ﻭﻓﻘﺎً ﻟﺘﻘﺪﻳﺮﻩ‬،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﺗﻘﺼﻴﺮ ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ ﻋﻠﻰ ﺃﻱ ﺍﺳﺘﻌﻤﺎﻝ‬
its sole discretion. .‫ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬
3.4 Non-Business Days ‫ﺣﻠﻮﻝ ﺗﺎﺭﻳﺦ ﺍﻻﻧﺘﻬﺎﺀ ﻓﻲ ﻏﻴﺮ ﺃﻳﺎﻡ ﻋﻤﻞ‬ 3-4
If an Interest Period under a Short-Term Loan Facility would otherwise end ‫ﺇﺫﺍ ﺍﻧﺘﻬﺖ ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺴﺘﺤﻘﺔ ﻋﻠﻰ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ ﻓﻲ ﻏﻴﺮ‬
on a day which is not a Business Day, that Interest Period will instead end ‫ ﻓﺈﻥ ﺗﺎﺭﻳﺦ ﺍﻧﺘﻬﺎﺋﻬﺎ ﻳﻨﺘﻘﻞ ﺇﻟﻰ ﻳﻮﻡ ﺍﻟﻌﻤﻞ ﺍﻟﺘﺎﻟﻲ ﻓﻲ ﺫﻟﻚ ﺍﻟﺸﻬﺮ‬،‫ﻳﻮﻡ ﻋﻤﻞ‬
on the next Business Day in that calendar month (if there is one) or the ‫ﺍﻟﺘﻘﻮﻳﻤﻲ )ﺇﺫﺍ ﻛﺎﻥ ﺍﻟﻴﻮﻡ ﺍﻟﺘﺎﻟﻲ ﻳﻮﻡ ﻋﻤﻞ( ﺃﻭ ﺇﻟﻰ ﻳﻮﻡ ﺍﻟﻌﻤﻞ ﺍﻟﺴﺎﺑﻖ )ﺇﺫﺍ ﻟﻢ ﻳﻜﻦ‬
preceding Business Day (if there is not). .(‫ﺍﻟﻴﻮﻡ ﺍﻟﺘﺎﻟﻲ ﻳﻮﻡ ﻋﻤﻞ‬
3.5 Consolidation of Utilisations ‫ﺗﻮﺣﻴﺪ ﺍﻻﺳﺘﻌﻤﺎﻻﺕ‬ 3-5
If two or more Interest Periods under a Short-Term Loan Facility end on the ‫ﺇﺫﺍ ﺣﻞ ﺗﺎﺭﻳﺦ ﺍﻧﺘﻬﺎﺀ ﻓﺘﺮﺗﻴﻦ ﻓﺎﺋﺪﺓ ﺃﻭ ﺃﻛﺜﺮ ﻋﻠﻰ ﺗﺴﻬﻴﻞ ﺍﻟﻘﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ‬
same date, those Utilisations may, at the Bank's sole discretion, be ‫ ﺗﻮﺣﻴﺪ ﻫﺬﻩ‬،‫ ﻭﻓﻖ ﺗﻘﺪﻳﺮﻩ ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬،‫ ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ‬،‫ﻓﻲ ﻧﻔﺲ ﺍﻟﺘﺎﺭﻳﺦ‬
consolidated into and be treated as a single Utilisation on the last day of the .‫ﺍﻻﺳﺘﻌﻤﺎﻻﺕ ﻭﺍﻋﺘﺒﺎﺭﻫﺎ ﺍﺳﺘﻌﻤﺎﻻً ﻭﺍﺣﺪﺍً ﻓﻲ ﺍﻟﻴﻮﻡ ﺍﻷﺧﻴﺮ ﻣﻦ ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ‬
Interest Period.

4. ACTIVE USE ‫ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻨﺸﻂ‬ 4.

The Customer must reduce all amounts utilised and outstanding under a ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺗﺨﻔﻴﺾ ﻛﺎﻓﺔ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﺴﺘﻌﻤﻠﺔ ﻭﻏﻴﺮ ﺍﻟﻤﺴﺪﺩﺓ ﺑﻤﻮﺟﺐ‬
Short-Term Loan Facility to zero for no less than ten Business Days in each ‫ﺗﺴﻬﻴﻞ ﺍﻟﻘﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ ﺇﻟﻰ ﺍﻟﺼﻔﺮ ﻟﻤﺪﺓ ﻻ ﺗﻘﻞ ﻋﻦ ﻋﺸﺮﺓ ﺃﻳﺎﻡ ﻋﻤﻞ ﻣﻦ ﻛﻞ‬
calendar year or as otherwise requested by the Bank. .‫ﻋﺎﻡ ﺗﻘﻮﻳﻤﻲ ﺃﻭ ﻭﻓﻖ ﻣﺎ ﻳﻄﻠﺒﻪ ﺍﻟﺒﻨﻚ‬

5. REPAYMENT ‫ﺍﻟﺴﺪﺍﺩ‬ 5.
The Customer must repay each Utilisation made to it under a Short-Term ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﻛﻞ ﺍﺳﺘﻌﻤﺎﻝ ﺗﻢ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻗﺼﻴﺮ ﺍﻷﺟﻞ ﻓﻲ ﺍﻟﻴﻮﻡ‬
Loan Facility on the last day of the term of the Utilisation. .‫ﺍﻷﺧﻴﺮ ﻣﻦ ﻣﺪﺓ ﺍﻻﺳﺘﻌﻤﺎﻝ‬

BBG/OCFL/V01/ADCB 06102013 Page 20 of 35

 SCHEDULE 8 8 ‫ﺍﻟﻤﻠﺤﻖ‬
Trade Advance Facility ‫ﺗﺴﻬﻴﻞ ﺍﻟﺴﻠﻒ ﺍﻟﺘﺠﺎﺭﻳﺔ‬

Each Trade Advance Facility is made available on the terms and subject to ‫ﻳﺘﻢ ﺗﻘﺪﻳﻢ ﻛﻞ ﺗﺴﻬﻴﻞ ﻟﻠﺴﻠﻔﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ ﻭﻓﻘﺎً ﻷﺣﻜﺎﻡ ﻭﺷﺮﻭﻁ ﺧﻄﺎﺏ ﻓﺘﺢ‬
the conditions of this Opening Credit Facility Letter (including this Schedule ‫( ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺍﻟﺸﺮﻭﻁ‬8 ‫ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ )ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺍﻟﻤﻠﺤﻖ‬
8), the Standard Terms and the Trade Advance Standard Terms, each as .‫ ﻭﻣﺎ ﻳﻄﺮﺃ ﻋﻠﻰ ﻛﻞ ﻣﻨﻬﺎ ﻣﻦ ﺗﻌﺪﻳﻼﺕ ﻣﻦ ﻭﻗﺖ ﻵﺧﺮ‬،‫ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻟﻠﺴﻠﻔﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ‬
amended from time to time.

1. UTILISATION ‫ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1.
1.1 Completion of a Utilisation Request ‫ﺇﻛﻤﺎﻝ ﻃﻠﺐ ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1-1
Each Utilisation Request under a Trade Advance Facility is irrevocable and ،‫ﻳﻜﻮﻥ ﻛﻞ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﻟﺘﺴﻬﻴﻞ ﺍﻟﺴﻠﻔﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ ﻧﻬﺎﺋﻴﺎً ﻭﻏﻴﺮ ﻗﺎﺑﻞ ﻟﻠﻨﻘﺾ‬
will not be regarded as having been duly completed unless: :‫ ﻣﺎ ﻟﻢ‬،‫ﻭﻟﻦ ﻳﻌﺘﺒﺮ ﻣﻜﺘﻤﻼً ﺣﺴﺐ ﺍﻷﺻﻮﻝ‬
(a) it specifies that it is for a trade advance; ‫ﻳﺤﺪﺩ ﺃﻧﻪ ﻟﻐﺮﺽ ﺳﻠﻔﺔ ﺗﺠﺎﺭﻳﺔ؛‬ (‫)ﺃ‬

(b) the proposed Utilisation Date is a Business Day;
(c) the proposed currency is the Facility Currency, unless approved
otherwise by the Bank;
(d) the amount of the proposed Utilisation is not more than the Available
Facility;
(e) the letter of credit (if any) or any other documents required by the Bank
to which the advance relates is attached;
(f) the term of the letter of credit (if any) or the other documents does not
exceed the Facility Tenor; and
(g) the issuer of the letter of credit (if any) or the other documents which
are acceptable to the Bank is an Approved Issuer or any other issuer
approved by the Bank.
1.2 Advance
(a) The Bank may, at its sole discretion, reject any Utilisation Request
under a Trade Advance Facility.
(b) The Bank may not give effect to any Utilisation Request under a Trade
Advance Facility unless the Customer has deposited in the Margin
Account an amount equal to the Trade Advance Margin for the
proposed advance.
(c) Subject to clause 3 (Conditions Precedent) of the Standard Terms and
paragraph (a) above, if the conditions set out in all the Transaction
Documents have been met, the Bank may make available to the
Customer an advance under the Trade Advance Facility at any time
thereafter, to fund the import or export of goods or services on terms
and conditions acceptable to the Bank, including to finance the export
of goods:
(i) by the Customer under letters of credit or any other documents
acceptable to the Bank in the Customer's favour which are
advised by and acceptable to the Bank, as a pre-shipment
finance of a loan under packing credit (LAPC). LAPC will be
available in accordance with the terms of the Finance
Documents. The LAPC Utilisation will be repayable with
applicable interest on or prior to the date of negotiating the
documents but within the period mentioned in the Finance
Documents;
(ii) by the Customer's purchase, with recourse to the Customer, of
bills of exchange drawn by the Customer for payment by a
person acceptable to the Bank (LAFB). The face value of the
purchased bill of exchange will be payable by the Customer on
its due date as mentioned in the Finance Document if payment
is not made by its drawee; and
(iii) by the Customer where export documents have been in conformity
with the underlying export letter of credit in the Customer's
favour or where the payee/confirming/issuing banker's
acceptance has been received and due date of payment is
established (FBP). The FBP Utilisation will be repayable with
applicable interest by the Customer (in the same currency as
the FBP) to the Bank if payment is not received by the Bank
from the export bills.
‫ﻳﻜﻦ ﺗﺎﺭﻳﺦ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻳﻮﻡ ﻋﻤﻞ؛‬ (‫)ﺏ‬
‫ ﻣﺎ ﻋﺪﺍ ﻓﻲ ﺍﻟﺤﺎﻻﺕ ﺍﻟﻤﻮﺍﻓﻖ‬،‫ﺗﻜﻦ ﺍﻟﻌﻤﻠﺔ ﺍﻟﻤﻘﺘﺮﺣﺔ ﻧﻔﺲ ﻋﻤﻠﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ (‫)ﺝ‬
‫ﻋﻠﻴﻬﺎ ﻣﻦ ﺍﻟﺒﻨﻚ؛‬
‫ﻣﺒﻠﻎ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻻ ﻳﺰﻳﺪ ﻋﻦ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﺘﻮﻓﺮ؛‬ (‫)ﺩ‬
‫ﻳﺘﻢ ﺇﺭﻓﺎﻕ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ )ﺇﻥ ﻭﺟﺪ( ﺃﻭ ﺃﻱ ﻣﺴﺘﻨﺪﺍﺕ ﺃﺧﺮﻯ ﻣﻄﻠﻮﺑﺔ ﻣﻦ ﺍﻟﺒﻨﻚ‬ (‫)ﻩ‬
‫ﺍﻟﺨﺎﺻﺔ ﺑﺘﻠﻚ ﺍﻟﺴﻠﻔﺔ؛‬/‫ﺍﻟﺨﺎﺹ‬
‫ﺗﻜﻦ ﻣﺪﺓ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ )ﺇﻥ ﻭﺟﺪ( ﺃﻭ ﺃﻱ ﻣﺴﺘﻨﺪﺍﺕ ﺃﺧﺮﻯ ﻻ ﺗﺘﺠﺎﻭﺯ ﻣﺪﺓ‬ (‫)ﻭ‬
‫ﺍﻟﺘﺴﻬﻴﻞ؛ ﻭ‬
‫ﻳﻜﻦ ﻣُﺼﺪﺭ ﺧﻄﺎﺏ ﺍﻻﻋﺘﻤﺎﺩ )ﺇﻥ ﻭﺟﺪ( ﺃﻭ ﺍﻟﻤﺴﺘﻨﺪﺍﺕ ﺍﻷﺧﺮﻯ ﺍﻟﻤﻘﺒﻮﻟﺔ ﻣﻦ‬ (‫)ﺯ‬
.‫ﺍﻟﺒﻨﻚ ﺻﺎﺩﺭﺓ ﻣﻦ ﻣﺼﺪﺭ ﻣﻌﺘﻤﺪ ﺃﻭ ﺟﻬﺔ ﺇﺻﺪﺍﺭ ﺃﺧﺮﻯ ﻳﻮﺍﻓﻖ ﻋﻠﻴﻬﺎ ﺍﻟﺒﻨﻚ‬
‫ﺍﻟﺴﻠﻔﺔ‬ 1-2
‫ ﺭﻓﺾ ﺃﻱ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ‬،‫ ﻭﻓﻖ ﺗﻘﺪﻳﺮﻩ ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ‬ (‫)ﺃ‬
.‫ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﺴﻠﻔﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ‬
‫ ﻣﺎ‬،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﺭﻓﺾ ﺗﻨﻔﻴﺬ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺗﺴﻬﻴﻞ ﺍﻟﺴﻠﻔﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ‬ (‫)ﺏ‬
‫ﻟﻢ ﻳﻮﺩﻉ ﺍﻟﻌﻤﻴﻞ ﻣﺒﻠﻐﺎً ﻳﻌﺎﺩﻝ ﻫﺎﻣﺶ ﺍﻟﺴﻠﻔﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ ﺍﻟﻤﻘﺘﺮﺣﺔ ﻓﻲ ﺣﺴﺎﺏ‬
.‫ﺍﻟﻬﺎﻣﺶ‬
3 ‫ ﻭﻓﻘﺎً ﻟﻠﻤﺎﺩﺓ‬،‫ﺇﺫﺍ ﺗﺤﻘﻘﺖ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺬﻛﻮﺭﺓ ﻓﻲ ﻛﺎﻓﺔ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ‬ (‫)ﺝ‬
‫ ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ‬،‫)ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺴﺒﻘﺔ( ﻣﻦ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺍﻟﻔﻘﺮﺓ )ﺃ( ﺃﻋﻼﻩ‬
‫ﺑﻌﺪﻫﺎ ﺗﻘﺪﻳﻢ ﺳﻠﻔﺔ ﻟﻠﻌﻤﻴﻞ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﺴﻠﻔﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ ﺣﻴﻨﻤﺎ‬
‫ ﻭﺫﻟﻚ ﻟﺘﻤﻮﻳﻞ ﺍﺳﺘﻴﺮﺍﺩ ﺃﻭ ﺗﺼﺪﻳﺮ ﺍﻟﺴﻠﻊ ﺃﻭ ﺍﻟﺨﺪﻣﺎﺕ ﺑﻨﺎﺀً ﻋﻠﻰ‬،‫ﻳﺸﺎﺀ‬
‫ ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺗﻤﻮﻳﻞ‬،‫ﺍﻟﺸﺮﻭﻁ ﻭﺍﻷﺣﻜﺎﻡ ﺍﻟﻤﻘﺒﻮﻟﺔ ﺑﺎﻟﻨﺴﺒﺔ ﻟﻠﺒﻨﻚ‬
:‫ﺗﺼﺪﻳﺮ ﺍﻟﺴﻠﻊ‬
‫ ﺑﻨﺎﺀً ﻋﻠﻰ ﺧﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ ﺃﻭ ﺃﻱ ﻣﺴﺘﻨﺪﺍﺕ ﺃﺧﺮﻯ ﻣﻘﺒﻮﻟﺔ‬،‫ﺑﻮﺍﺳﻄﺔ ﺍﻟﻌﻤﻴﻞ‬ (1)
‫ﺑﻬﺎ ﻭﻳﻮﺍﻓﻖ‬/‫ﻣﻦ ﺍﻟﺒﻨﻚ ﻟﺼﺎﻟﺢ ﺍﻟﻌﻤﻴﻞ ﻳﺘﻢ ﺇﺧﻄﺎﺭ ﺍﻟﺒﻨﻚ ﺑﻪ‬
‫ ﻛﺘﻤﻮﻳﻞ ﻗﺮﺽ ﻟﺘﺠﻬﻴﺰ ﺍﻟﺼﺎﺩﺭﺍﺕ ﻭﻓﻘﺎً ﻻﺋﺘﻤﺎﻥ ﻣﺎ‬،‫ﻋﻠﻴﻬﺎ‬/‫ﻋﻠﻴﻪ‬
‫ ﻭﻳﺘﻢ ﺗﻘﺪﻳﻢ ﺍﺋﺘﻤﺎﻥ ﻣﺎ ﻗﺒﻞ ﺍﻟﺸﺤﻦ ﻭﻓﻘﺎً ﻟﺸﺮﻭﻁ‬.‫ﻗﺒﻞ ﺍﻟﺸﺤﻦ‬
‫ ﻭﻳﺼﺒﺢ ﺍﺳﺘﻌﻤﺎﻝ ﺍﺋﺘﻤﺎﻥ ﻣﺎ ﻗﺒﻞ ﺍﻟﺸﺤﻦ ﻭﺍﺟﺐ‬،‫ﻭﺛﺎﺋﻖ ﺍﻟﺘﻤﻮﻳﻞ‬
‫ ﻗﺒﻞ ﺣﻠﻮﻝ‬/ ‫ ﺑﺤﻠﻮﻝ‬،‫ ﺇﺿﺎﻓﺔً ﺇﻟﻰ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﻄﺒﻘﺔ ﻋﻠﻴﻪ‬،‫ﺍﻟﺴﺪﺍﺩ‬
‫ ﻭﻟﻜﻦ ﺧﻼﻝ ﺍﻟﻤﺪﺓ ﺍﻟﻤﺤﺪﺩﺓ ﻓﻲ‬،‫ﺗﺎﺭﻳﺦ ﺍﻟﺘﻔﺎﻭﺽ ﻋﻠﻰ ﺍﻟﻤﺴﺘﻨﺪﺍﺕ‬
،‫ﻭﺛﺎﺋﻖ ﺍﻟﺘﻤﻮﻳﻞ‬
‫ ﻣﻊ ﺣﻖ‬،‫ﻣﻦ ﺧﻼﻝ ﺷﺮﺍﺀ ﺍﻟﻌﻤﻴﻞ ﻟﻠﻜﻤﺒﻴﺎﻻﺕ ﺍﻟﻤﺴﺤﻮﺑﺔ ﻣﻦ ﻗﺒﻠﻪ‬ (2)
‫ ﺣﺘﻰ ﻳﺴﺘﻌﻤﻠﻬﺎ ﺷﺨﺺ ﻣﻘﺒﻮﻝ ﻣﻦ ﺍﻟﺒﻨﻚ‬،‫ﺍﻟﺮﺟﻮﻉ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ‬
‫ ﻭﺗﺼﺒﺢ ﺍﻟﻘﻴﻤﺔ ﺍﻻﺳﻤﻴﺔ ﻟﻠﻜﻤﺒﻴﺎﻟﺔ ﺍﻟﻤﺸﺘﺮﺍﺓ‬.[ LAFB] ‫ﻟﻠﺴﺪﺍﺩ‬
‫ﻭﺍﺟﺒﺔ ﺍﻟﺴﺪﺍﺩ ﻣﻦ ﻗﺒﻞ ﺍﻟﻌﻤﻴﻞ ﻓﻲ ﺗﺎﺭﻳﺦ ﺍﺳﺘﺤﻘﺎﻗﻬﺎ ﺍﻟﻤﺬﻛﻮﺭ ﻓﻲ‬
‫ ﻭﺫﻟﻚ ﺇﺫﺍ ﻟﻢ ﻳﺘﻢ ﺍﻟﺴﺪﺍﺩ ﻣﻦ ﺟﺎﻧﺐ ﺍﻟﻤﺴﺤﻮﺏ ﻋﻠﻴﻪ؛ ﻭ‬،‫ﻭﺛﻴﻘﺔ ﺍﻟﺘﻤﻮﻳﻞ‬
‫ ﺇﺫﺍ ﻛﺎﻧﺖ ﻣﺴﺘﻨﺪﺍﺕ ﺍﻟﺘﺼﺪﻳﺮ ﻣﻄﺎﺑﻘﺔ ﻟﺨﻄﺎﺏ ﺍﻋﺘﻤﺎﺩ‬،‫ﺑﻮﺍﺳﻄﺔ ﺍﻟﻌﻤﻴﻞ‬ (3)
‫ﺍﻟﺘﺼﺪﻳﺮ ﺍﻷﺳﺎﺳﻲ ﺍﻟﻤُﺼﺪﺭ ﻟﺼﺎﻟﺢ ﺍﻟﻌﻤﻴﻞ ﻭﺇﺫﺍ ﺗﻢ ﺍﺳﺘﻼﻡ ﻣﻮﺍﻓﻘﺔ‬
‫ ﻣﻮﺍﻓﻘﺔ ﺍﻟﺒﻨﻚ ﺍﻟﻤُﺼﺪﺭ ﻭﺗﻢ‬/ ‫ ﺍﻟﻤﻮﺍﻓﻘﺔ ﺍﻟﺘﺄﻛﻴﺪﻳﺔ‬/ ‫ﺍﻟﻤﺴﺘﻔﻴﺪ‬
‫ ﻭﻳﺘﻌﻴﻦ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﺍﺳﺘﻌﻤﺎﻝ‬.[ FBP] ‫ﺗﺤﺪﻳﺪ ﺗﺎﺭﻳﺦ ﺍﻟﺴﺪﺍﺩ‬
‫ ﺇﺫﺍ ﻟﻢ‬،‫( ﺇﻟﻰ ﺍﻟﺒﻨﻚ‬ FBP‫[ ﻣﻊ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﻄﺒﻘﺔ )ﺑﻨﻔﺲ ﻋﻤﻠﺔ‬ FBP]
.‫ﻳﺘﺴﻠﻢ ﺍﻟﺒﻨﻚ ﺍﻟﻤﺒﻠﻎ ﻣﻦ ﻓﻮﺍﺗﻴﺮ ﺍﻟﺘﺼﺪﻳﺮ‬

2. INTEREST ‫ﺍﻟﻔﺎﺋﺪﺓ‬ 2.
The Customer must pay accrued interest on each Utilisation under the Trade ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺮﺍﻛﻤﺔ ﻋﻦ ﻛﻞ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ‬
Advance Facility calculated at the Applicable Rate. .‫ ﻭﺍﻟﺘﻲ ﻳﺘﻢ ﺍﺣﺘﺴﺎﺑﻬﺎ ﻭﻓﻘﺎً ﻟﻨﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﻄﺒﻘﺔ‬،‫ﺍﻟﺴﻠﻔﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ‬

3. REPAYMENT ‫ﺍﻟﺴﺪﺍﺩ‬ 3.
The Customer must immediately on demand by the Bank repay all amounts ‫ﻭﻏﻴﺮ‬ ‫ﺍﻟﻤﺴﺘﻌﻤﻠﺔ‬ ‫ﺍﻟﻤﺒﺎﻟﻎ‬ ‫ﻛﺎﻓﺔ‬ ‫ﺳﺪﺍﺩ‬ ،‫ﺇﻳﺎﻩ‬ ‫ﺍﻟﺒﻨﻚ‬ ‫ ﻓﻮﺭ ﻣﻄﺎﻟﺒﺔ‬،‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ‬
utilised and outstanding under the Trade Advance Facility. .‫ﺍﻟﻤﺴﺪﺩﺓ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﺴﻠﻔﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ‬

4. FACILITY COMMISSION ‫ﻋﻤﻮﻟﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ 4.

The Customer must, on each Utilisation Date under a Trade Advance ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﻣﺒﻠﻎ ﻣﺴﺎﻭٍ ﻟﻌﻤﻮﻟﺔ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﻄﺒﻘﺔ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﺴﻠﻔﺔ‬
Facility, pay to the Bank an amount equal to the Facility Commission .‫ﺍﻟﺘﺠﺎﺭﻳﺔ ﺇﻟﻰ ﺍﻟﺒﻨﻚ ﻓﻲ ﻛﻞ ﺗﺎﺭﻳﺦ ﺍﺳﺘﻌﻤﺎﻝ ﻟﺘﺴﻬﻴﻞ ﺍﻟﺴﻠﻔﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ‬
applicable to the Utilisation.

BBG/OCFL/V01/ADCB 06102013 Page 21 of 35

 SCHEDULE 9 9 ‫ﺍﻟﻤﻠﺤﻖ‬
Invoice Financing Facility ‫ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ‬

Each Invoice Financing Facility is made available on the terms and subject ‫ﻳﺘﻢ ﺗﻘﺪﻳﻢ ﻛﻞ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﻭﻓﻘﺎً ﻷﺣﻜﺎﻡ ﻭﺷﺮﻭﻁ ﺧﻄﺎﺏ ﻓﺘﺢ‬
to the conditions of this Opening Credit Facility Letter (including this ‫( ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺍﻟﺸﺮﻭﻁ‬9 ‫ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ )ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺍﻟﻤﻠﺤﻖ‬
Schedule 9), the Standard Terms and the Invoice Financing Standard .‫ ﻭﻣﺎ ﻳﻄﺮﺃ ﻋﻠﻰ ﻛﻞ ﻣﻨﻬﺎ ﻣﻦ ﺗﻌﺪﻳﻼﺕ ﻣﻦ ﻭﻗﺖ ﻵﺧﺮ‬،‫ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻟﺘﻤﻮﻳﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ‬
Terms, each as amended from time to time.

An Invoice Financing Facility can be made available to the Customer under ‫ﺍﻟﺘﺴﻬﻴﻼﺕ‬ ‫ﻣﻦ‬ ‫ﻛﻼ‬ ‫ﺃﻭ‬ ‫ﺇﺣﺪﻯ‬ ‫ﺑﻤﻮﺟﺐ‬ ‫ﻟﻠﻌﻤﻴﻞ‬ ‫ﻓﺎﺗﻮﺭﺓ‬ ‫ﺗﻤﻮﻳﻞ‬
‫ﻳﻤﻜﻦ ﺗﻘﺪﻳﻢ‬ ‫ﺗﺴﻬﻴﻞ‬
one or both of the following sub-facilities: :‫ﺍﻟﻔﺮﻋﻴﺔ ﺍﻟﺘﺎﻟﻴﺔ‬
(a) a Sales Invoice Financing Facility; and ‫ ﻭ‬،‫ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﻣﺒﻴﻌﺎﺕ‬
(‫ﺗﺴﻬﻴﻞ )ﺃ‬
(b) a Purchase Invoice Financing Facility, ،‫ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺷﺮﺍﺀ‬
(‫ﺗﺴﻬﻴﻞ )ﺏ‬
each as defined below and each an Invoice Financing Facility. The ‫ ﻳﻮﺍﻓﻖ ﺍﻟﻌﻤﻴﻞ ﻭﺍﻟﺒﻨﻚ ﻋﻠﻰ‬. ‫ﺃﺩﻧﺎﻩ ﻭﻛﻞ ﻣﻨﻬﻤﺎ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ‬ ‫ﻛﻤﺎ ﻫﻮ ﻣﻌﺮﻑ‬
Customer and the Bank agree that an Invoice Financing Facility is ‫ﺃﻥ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺗﻌﺘﺒﺮ ﺑﻤﺜﺎﺑﺔ ﺗﺴﻬﻴﻞ ﺍﺋﺘﻤﺎﻧﻲ ﺑﻤﻮﺟﺐ ﺍﻟﺸﺮﻭﻁ‬
designated as a Credit Facility under the Standard Terms. .‫ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬

1. DEFINITIONS
The following definitions apply to this Opening Facility Letter (including this
Schedule 9), the Standard Terms, the Invoice Financing Standard Terms (as
amended from time to time) and, unless the context otherwise requires,
apply to and are deemed incorporated into each Transaction Document:
‫ﺍﻟﻤﺼﻄﻠﺤﺎﺕ‬1.
‫ﺗﻨﻄﺒﻖ ﺍﻟﻤﺼﻄﻠﺤﺎﺕ ﺍﻟﺘﺎﻟﻴﺔ ﻋﻠﻰ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻞ ﻫﺬﺍ )ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﻫﺬﺍ‬
‫( ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻟﺘﻤﻮﻳﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ )ﺣﺴﺒﻤﺎ ﻳﺘﻢ‬9 ‫ﺍﻟﻤﻠﺤﻖ‬
‫ ﺗﻨﻄﺒﻖ ﻋﻠﻰ ﻛﻞ‬،‫ ﻣﺎ ﻟﻢ ﻳﻘﺘﺾ ﺳﻴﺎﻕ ﺍﻟﻨﺺ ﺧﻼﻑ ﺫﻟﻚ‬،‫ﺗﻌﺪﻳﻠﻬﺎ ﻣﻦ ﻭﻗﺖ ﻵﺧﺮ( ﻭ‬
:‫ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﻭﺗﻌﺘﺒﺮ ﻛﺄﻧﻬﺎ ﻣﺪﺭﺟﺔ ﻓﻴﻬﺎ‬

Advance Payment means, each Utilisation (or any part thereof) made or to ‫ ﻛﻞ ﺇﺳﺘﻌﻤﺎﻝ )ﺃﻭ ﺃﻱ ﺟﺰﺀ ﻣﻨﻪ( ﻗﺪﻡ ﺃﻭ ﺳﻴﻘﺪﻡ ﻣﻦ ﺍﻟﺒﻨﻚ ﺍﻟﻌﻤﻴﻞ‬،‫ﺍﻟﺪﻓﻌﺔ ﺍﻟﻤُﻘﺪﻣﺔ ﺗﻌﻨﻲ‬
be made by the Bank to the Customer under a Purchase Invoice Financing ‫ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﺷﺮﺍﺀ ﻓﺎﺗﻮﺭﺓ ﻭﺍﻟﺘﻲ ﻟﻢ ﻳﺘﻢ ﺗﻘﺪﻳﻢ ﺃﻱ ﻣﺴﺘﻨﺪﺍﺕ ﺷﺤﻦ‬
Facility for which no shipping documents have been provided to the Bank in .(‫ﻟﻠﺒﻨﻚ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺎﻟﻔﻮﺍﺗﻴﺮ ﺍﻟﻤﻤﻮﻟﺔ ﻋﻦ ﻃﺮﻳﻖ ﺍﻹﺳﺘﻌﻤﺎﻝ ﻫﺬﺍ )ﺃﻭ ﺃﻱ ﺟﺰﺀ ﻣﻨﻪ‬
respect of the invoices financed by any such Utilisation (or any part thereof).
Approved Counterparty means, in relation to a Sales Invoice Financing ‫ ﺃﻱ‬،‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺘﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﻣﺒﻴﻌﺎﺕ‬،‫ﻳﻌﻨﻲ‬ ‫ﺍﻟﻄﺮﻑ ﺍﻟﻤﻘﺎﺑﻞ ﺍﻟﻤﻌﺘﻤﺪ‬
Facility, any buyer approved by the Bank and, in relation to a Purchase ‫ ﺃﻱ‬،‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺘﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺷﺮﺍﺀ‬،‫ﺍﻟﺒﻨﻚ ﻭ‬ ‫ﻣﺸﺘﺮﻱ ﻣﻌﺘﻤﺪ ﻣﻦ ﻗﺒﻞ‬
Invoice Financing Facility, any supplier approved by the Bank. .‫ﻣﻮﺭﺩ ﻣﻌﺘﻤﺪ ﻣﻦ ﻗﺒﻞ ﺍﻟﺒﻨﻚ‬
Available Facility and Facility Limit are terms defined in the Standard :‫ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﺘﻮﻓﺮ ﻭ ﺣﺪ ﺍﻟﺘﺴﻬﻴﻞ ﻣﺼﻄﻠﺤﺎﺕ ﻣﻌﺮﻓﺔ ﻓﻲ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭ‬
Terms and:
(a) when used in relation to a Invoice Financing Facility, shall be ‫ﺗﺤﺪﺩ‬ ،‫ﺍﻟﻔﺎﺗﻮﺭﺓ‬ ‫ﺗﻤﻮﻳﻞ‬ ‫ﺑﺘﺴﻬﻴﻞ‬ ‫ﻳﺘﻌﻠﻖ‬ ‫ﻓﻴﻤﺎ‬ ‫ﻋﻨﺪ )ﺃ(ﺍﺳﺘﺨﺪﺍﻣﻬﺎ‬
determined by reference to the Sub-Limit applicable to each ‫ﻓﺎﺗﻮﺭﺓ‬ ‫ﺗﻤﻮﻳﻞ‬ ‫ﺗﺴﻬﻴﻞ‬ ‫ﻛﻞ‬ ‫ﻋﻠﻰ‬ ‫ﺍﻟﻤﻄﺒﻖ‬ ‫ﺍﻟﻔﺮﻋﻲ‬ ‫ﺍﻟﺤﺪ‬ ‫ﺇﻟﻰ‬ ‫ﺑﺎﻟﺮﺟﻮﻉ‬
Invoice Financing Facility (as set out in this Opening Credit Facility ‫)ﻛﻤﺎ ﻫﻮ ﻣﺒﻴﻦ ﻓﻲ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻻﺋﺘﻤﺎﻧﻲ ﻫﺬﺍ( ﻭﺍﻹﺳﺘﻌﻤﺎﻻﺕ‬
Letter) and the Utilisations proposed, made and outstanding in ‫ﺗﻤﻮﻳﻞ‬ ‫ﺑﺘﺴﻬﻴﻞ‬ ‫ﻳﺘﻌﻠﻖ‬ ‫ﻓﻴﻤﺎ‬ ‫ﺍﻟﻤﺴﺪﺩﺓ‬ ‫ﻭﻏﻴﺮ‬ ‫ﺍﻟﻤﺴﺘﺤﻘﺔ‬ ،‫ﺍﻟﻤﻘﺘﺮﺣﺔ‬
respect of that Invoice Financing Facility; and ‫ ﻭ‬،‫ﺍﻟﻔﺎﺗﻮﺭﺓ ﺫﻟﻚ‬
(b) when used in relation to a Advance Payment, shall be determined ‫ﺍﻟﺤﺪ‬ ‫ﺇﻟﻰ‬ ‫ﺑﺎﻟﺮﺟﻮﻉ‬ ‫ﺗﺤﺪﺩ‬ ،‫ﺍﻟﻤُﻘﺪﻣﺔ‬ ‫ﺑﺎﻟﺪﻓﻌﺔ‬ ‫ﻳﺘﻌﻠﻖ‬ ‫ﻓﻴﻤﺎ‬ ‫ﺍﺳﺘﺨﺪﺍﻣﻬﺎ‬
(‫ﻋﻨﺪ )ﺏ‬
by reference to the Sub-Limit applicable to Advance Payments ‫ﺍﻟﻔﺮﻋﻲ ﺍﻟﻤﻄﺒﻖ ﻋﻠﻰ ﺍﻟﺪﻓﻌﺎﺕ ﺍﻟﻤﻘﺪﻣﺔ ﻭﻫﻮ ﺣﺪ ﻓﺮﻋﻲ ﺁﺧﺮ ﺗﺤﺖ ﺍﻟﺤﺪ‬
which is a further sublimit to the Sub-Limit applicable to the ‫ﺍﻟﻔﺮﻋﻲ ﺍﻟﻤﻄﺒﻖ ﻋﻠﻰ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺷﺮﺍﺀ )ﻛﻤﺎ ﻫﻮ ﻣﺒﻴﻦ ﻓﻲ‬
Purchase Invoice Financing Facility (as set out in this Opening ، ‫ﺍﻟﻤﻘﺘﺮﺣﺔ‬ ‫ﻭﺍﻹﺳﺘﻌﻤﺎﻻﺕ‬ (‫ﻫﺬﺍ‬ ‫ﺍﻹﺋﺘﻤﺎﻧﻲ‬ ‫ﺍﻟﺘﺴﻬﻴﻞ‬ ‫ﻓﺘﺢ‬ ‫ﺧﻄﺎﺏ‬
Credit Facility Letter) and the Utilisations proposed, made and .‫ﺍﻟﻤﺴﺘﺤﻘﺔ ﻭﻏﻴﺮﺍﻟﻤﺴﺪﺩﺓ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺎﻟﺪﻓﻌﺎﺕ ﺍﻟﻤﻘﺪﻣﺔ‬
outstanding in respect of Advance Payments.
Invoice Discount Amount means, in relation to a Sales Invoice Financing ،‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺘﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﻣﺒﻴﻌﺎﺕ‬،‫ﻗﻴﻤﺔ ﺧﺼﻢ ﺍﻟﻔﺎﺗﻮﺭﺓ ﺗﻌﻨﻲ‬
Facility, the amount set out in the Opening Facility Letter in relation to that ‫ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﺒﻴﻦ ﻓﻲ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻞ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺬﻟﻚ ﺍﻟﺘﺴﻬﻴﻞ ﺗﺤﺖ‬
Facility next to the heading “Invoice Discount Amount”. ."‫ﻋﻨﻮﺍﻥ "ﻗﻴﻤﺔ ﺧﺼﻢ ﺍﻟﻔﺎﺗﻮﺭﺓ‬
Invoice Financing Standard Terms means, at any time, the then applicable ‫ ﺍﻟﺸﺮﻭﻁ ﻭﺍﻷﺣﻜﺎﻡ‬،‫ ﻓﻲ ﺃﻱ ﻭﻗﺖ‬،‫ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻟﺘﻤﻮﻳﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ ﻳﻌﻨﻲ‬
standard terms and conditions of the Bank for invoice financing. ‫ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﺍﻟﻤﻌﻤﻮﻝ ﺑﻬﺎ ﻣﻦ ﻗﺒﻞ ﺍﻟﺒﻨﻚ ﻓﻲ ﺫﻟﻚ ﺍﻟﻮﻗﺖ ﻓﻴﻤﺎ ﻳﺨﺺ ﺗﻤﻮﻳﻞ‬
.‫ﺍﻟﻔﺎﺗﻮﺭﺓ‬
Invoice Financing Facility means a Purchase Invoice Financing Facility ‫ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺷﺮﺍﺀ ﻭ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ‬،‫ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ ﻳﻌﻨﻲ‬
and a Sales Invoice Financing Facility. ‫ﻓﺎﺗﻮﺭﺓ ﻣﺒﻴﻌﺎﺕ‬
Invoice Financing Margin means, in relation to a Purchase Invoice ‫ ﺫﻟﻚ‬،‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺘﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺷﺮﺍﺀ‬،‫ﻫﺎﻣﺶ ﺗﻤﻮﻳﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ ﻳﻌﻨﻲ‬
Financing Facility, the amount set out in this Opening Credit Facility Letter in ‫ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﺬﻛﻮﺭ ﻓﻲ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻹﺋﺘﻤﺎﻧﻲ ﻫﺬﺍ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺬﻟﻚ‬
relation to that Facility next to the heading “Invoice Financing Margin”. ." ‫ﺍﻟﺘﺴﻬﻴﻞ ﺗﺤﺖ ﻋﻨﻮﺍﻥ "ﻫﺎﻣﺶ ﺗﺴﻬﻴﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ‬
Purchase Invoice Financing Facility means the purchase invoice financing ‫ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺷﺮﺍﺀ ﺍﻟﻤﻘﺪﻡ ﻟﻠﻌﻤﻴﻞ‬،‫ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺷﺮﺍﺀ ﻳﻌﻨﻲ‬
facility made available to the Customer under the Opening Credit Faciity . ‫ﺑﻤﻮﺟﺐ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻹﺋﺘﻤﺎﻧﻲ ﻭﻛﻞ ﻭﺛﻴﻘﺔ ﺗﻤﻮﻳﻞ ﺃﺧﺮﻯ‬
Letter and each other Finance Document.
Sales Invoice Financing Facility means the sales invoice ‫ﻣﺒﻴﻌﺎﺕ‬ ‫ﻓﺎﺗﻮﺭﺓ‬ ‫ ﺗﻤﻮﻳﻞ‬/‫ ﺗﺴﻬﻴﻞ ﺧﺼﻢ‬،‫ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﻣﺒﻴﻌﺎﺕ ﻳﻌﻨﻲ‬
financing/discounting facility made available to the Customer under the .‫ﺍﻟﻤُــﻘﺪﻡ ﻟﻠﻌﻤﻴﻞ ﺑﻤﻮﺟﺐ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻹﺋﺘﻤﺎﻧﻲ ﻭﻛﻞ ﻭﺛﻴﻘﺔ ﺗﻤﻮﻳﻞ ﺃﺧﺮﻯ‬
Opening Credit Faciity Letter and each other Finance Document.
Single Counterparty Limit means, (a) when used in relation to a Sales ‫ )ﺃ( ﻋﻨﺪ ﺍﺳﺘﺨﺪﺍﻣﻬﺎ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺘﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ‬،‫ﺣﺪ ﻛﻞ ﻃﺮﻑ ﻣﻘﺎﺑﻞ ﻣﻨﻔﺮﺩﺍً ﻳﻌﻨﻲ‬
Invoice Financing Facility, the amount set out for that Facility next to the ‫ ﺫﻟﻚ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﺬﻛﻮﺭ ﻟﺬﻟﻚ ﺍﻟﺘﺴﻬﻴﻞ ﺗﺤﺖ ﻋﻨﻮﺍﻥ "ﺣﺪ ﻛﻞ ﻃﺮﻑ‬،‫ﻓﺎﺗﻮﺭﺓ ﻣﺒﻴﻌﺎﺕ‬
heading “Single Counterparty (Sales Invoice Financing Facility) Limit” and ‫ﻣﻘﺎﺑﻞ ﻣﻨﻔﺮﺩﺍً )ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﻣﺒﻴﻌﺎﺕ(" ﻭ )ﺏ( ﻋﻨﺪ ﺍﺳﺘﺨﺪﺍﻣﻬﺎ ﻓﻴﻤﺎ‬
(b) when used in relation to a Purchase Invoice Financing Facility, the ‫ ﺫﻟﻚ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﺬﻛﻮﺭ ﻟﺬﻟﻚ ﺍﻟﺘﺴﻬﻴﻞ ﺗﺤﺖ‬،‫ﻳﺘﻌﻠﻖ ﺑﺘﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺷﺮﺍﺀ‬
amount set out for that Facility next to the heading “Single Counterparty ."(‫ﻋﻨﻮﺍﻥ "ﺣﺪ ﻛﻞ ﻃﺮﻑ ﻣﻘﺎﺑﻞ ﻣﻨﻔﺮﺩﺍً )ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺷﺮﺍﺀ‬
(Purchase Invoice Financing Facility) Limit”.

2. UTILISATION ‫ﺍﻻﺳﺘﻌﻤﺎﻝ‬
2.
2.1 Completion of a Utilisation Request ‫ﺇﻛﻤﺎﻝ ﻃﻠﺐ ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 2-1
Each Utilisation Request under an Invoice Financing Facility is irrevocable ‫ﻳﻜﻮﻥ ﻛﻞ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ ﻧﻬﺎﺋﻴﺎً ﻭﻏﻴﺮ ﻗﺎﺑﻞ‬
and will not be regarded as having been duly completed unless: :‫ ﻣﺎ ﻟﻢ‬،‫ ﻭﻟﻦ ﻳﻌﺘﺒﺮ ﻣﻜﺘﻤﻼً ﺣﺴﺐ ﺍﻷﺻﻮﻝ‬،‫ﻟﻠﻨﻘﺾ‬
(a) it specifies that it is for the discounting of invoice(s) in the case of ‫ﻓﻮﺍﺗﻴﺮ ﻓﻲ ﺣﺎﻟﺔ ﻃﻠﺐ ﺍﻷﺳﺘﻌﻤﺎﻝ ﻛﺎﻥ ﺑﻤﻮﺟﺐ‬/‫ﻳﺤﺪﺩ ﺃﻧﻪ ﻟﻐﺮﺽ ﺧﺼﻢ ﻓﺎﺗﻮﺭﺓ‬ (‫)ﺃ‬
a Utilisation Request made under the Sales Invoicing Finance ‫ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﻣﺒﻴﻌﺎﺕ؛‬
Facility;

BBG/OCFL/V01/ADCB 06102013 Page 22 of 35

(b) it specifies that it is for the financing of invoice(s) in the case of a
Utilisation Request made under the Purchase Invoicing Finance
Facility;
(c) the proposed Utilisation Date is a Business Day;
(d) the invoice(s) is in respect of an Approved Counterparty;
(e) in the case of a Sales Invoice Financing Facility, the invoice(s) is
assigned in favour of the Bank and all payments in respect of that
invoice(s) have been directed to an account designated by the
Bank from time to time in the name of Customer;
(f) The currency of the invoice is the Facility Currency, unless
approved otherwise by the Bank;
(g) the Utilisation Request includes details of the invoice(s), and
attaches the original invoice(s) together with the original shipping
document(s), original certificate(s) of origin and any other
supporting documents requested by the Bank (except in relation to
an Advance Payment, where only a proforma invoice(s) and a
purchase order(s) is required until the goods listed in the proforma
invoice(s) are shipped at which time the Customer shall
immediately forward to the Bank the original invoice(s), original
shipping document(s), original certificate(s) of origin and any other
supporting documents requested by the Bank), all such
documents shall be in a form and substance satisfactory to the
Bank;
(h) the amount of the proposed Utilisation is not more than the
Available Facility; and
(i) the period commencing on the proposed Utilisation Date and
ending on the maturity date of the invoice does not exceed the
Facility Tenor.
2.2 Utilisation of Facility
(a) The Bank may, at its sole discretion, reject any Utilisation Request
under an Invoice Financing Facility.
(b) The Bank may not give effect to a Utilisation Request under an
Invoice Financing Facility if, as a result, the aggregate amount of
the invoices financed or discounted under that Invoice Financing
Facility would exceed the applicable Facility Limit.
(c) The Bank may not give effect to a Utilisation Request under an
Invoice Financing Facility if, as a result, the aggregate amount of
the invoices discounted/financed under an Invoice Financing
Facility for an Approved Counterparty would exceed the relevant
Single Counterparty Limit.
(d) The Bank may not give effect to any Utilisation Request under a
Purchase Invoice Financing Facility unless the Customer has
deposited in the Margin Account an amount equal to the Invoice
Financing Margin for the proposed Utilisation;
(e) Subject to satisfication of clause 3 (Conditions Precedent) of the
Standard Terms and this Clause 2, if the conditions set out in all
the Transaction Documents have been met, the Bank may make a
Utilisation under a Sales Invoice Financing Facility at any time
thereafter by crediting the Bank Account in an amount equal to the
Invoice Discount Amount.
(f) Subject to clause 3 (Conditions Precedent) of the Standard Terms
and this Clause 2, if the conditions set out in all the Transaction
Documents have been met, the Bank may make a Utilisation
under a Purchase Invoice Financing Facility at anytime thereafter
by crediting the account of the Approved Counterparty (as notified
to the Bank), and any shortfall amount which remains owing by the
Customer under the invoice(s) financed by the Purchase Invoice
Financing Facility shall be payable by the Customer and deducted
by the Bank from one or more of the Customer’s account with the
Bank.
3. INTEREST
The Customer must pay accrued interest on each Utilisation under an
Invoice Finance Facility calculated at the Applicable Rate.
4. FACILITY COMMISSION
The Customer must, on each Utilisation Date under an Invoice Finance
Facility, pay to the Bank an amount equal to the Facility Commission
applicable to that Utilisation.
5. OTHER
(a) The Bank is not responsible for making any demand, presentation,
acceptance, protest or collection of any invoice.
(b) If any invoice assigned to the Bank under or in connection with
Sales Invoice Financing Facility in accordance with Clause 2
BBG/OCFL/V01/ADCB 06102013 Page 23 of 35
‫ﻓﻮﺍﺗﻴﺮ ﻓﻲ ﺣﺎﻟﺔ ﻃﻠﺐ ﺍﻷﺳﺘﻌﻤﺎﻝ ﻛﺎﻥ‬/‫ﻳﺤﺪﺩ ﺃﻧﻪ ﻟﻐﺮﺽ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ‬ (‫)ﺏ‬
‫ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺷﺮﺍﺀ؛‬
‫ﻳﻜﻦ ﺗﺎﺭﻳﺦ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻳﻮﻡ ﻋﻤﻞ؛‬ (‫)ﺝ‬
،‫ ﺍﻟﻔﻮﺍﺗﻴﺮ ﻣﺘﻌﻠﻘﺔ ﺑﻄﺮﻑ ﻣﻘﺎﺑﻞ ﻣﻌﺘﻤﺪ‬/‫ﺗﻜﻦ ﺍﻟﻔﺎﺗﻮﺭﺓ‬ (‫)ﺩ‬
‫ ﺗﻢ ﺍﻟﺘﻨﺎﺯﻝ ﻋﻦ ﺗﻠﻚ‬،‫ﻭﻓﻲ ﺣﺎﻝ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﻣﺒﻴﻌﺎﺕ‬ (‫)ﻩ‬
‫ﺍﻟﻔﻮﺍﺗﻴﺮ ﻟﺼﺎﻟﺢ ﺍﻟﺒﻨﻚ ﻭﺗﻢ ﺗﻮﺟﻴﻪ ﺟﻤﻴﻊ ﺍﻟﻤﺪﻓﻮﻋﺎﺕ ﻓﻴﻤﺎ‬/‫ﺍﻟﻔﺎﺗﻮﺭﺓ‬
‫ﺍﻟﻔﻮﺍﺗﻴﺮ ﺇﻟﻰ ﺣﺴﺎﺏ ﻣﺤﺪﺩ ﻣﻦ ﻗﺒﻞ ﺍﻟﺒﻨﻚ ﻣﻦ ﻭﻗﺖ‬/‫ﻳﺘﻌﻠﻖ ﺑﺘﻠﻚ ﺍﻟﻔﺎﺗﻮﺭﺓ‬
‫ﻵﺧﺮ ﺑﺎﺳﻢ ﺍﻟﻌﻤﻴﻞ؛‬
‫ ﻣﺎ ﻋﺪﺍ ﻓﻲ ﺍﻟﺤﺎﻻﺕ ﺍﻟﻤﻮﺍﻓﻖ‬،‫ﺗﻜﻦ ﺍﻟﻌﻤﻠﺔ ﻟﻠﻔﺎﺗﻮﺭﺓ ﻫﻲ ﻧﻔﺲ ﻋﻤﻠﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ (‫)ﻭ‬
‫ﻋﻠﻴﻬﺎ ﻣﻦ ﺍﻟﺒﻨﻚ؛‬
‫ ﻭﺇﺭﻓﺎﻕ‬،‫ﺍﻟﻔﻮﺍﺗﻴﺮ‬/‫ﻳﺘﻀﻤﻦ ﻃﻠﺐ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺗﻔﺎﺻﻴﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ‬ (‫)ﺯ‬
‫ﻭﺛﺎﺋﻖ ﺍﻟﺸﺤﻦ ﺍﻷﺻﻠﻴﺔ ﻭ‬/‫ﺍﻟﻔﻮﺍﺗﻴﺮ ﺍﻷﺻﻠﻴﺔ ﻣﻊ ﻭﺛﻴﻘﺔ‬/‫ﺍﻟﻔﺎﺗﻮﺭﺓ‬
‫ﺷﻬﺎﺩﺍﺕ ﺍﻟﻤﻨﺸﺄ ﺍﻷﺻﻠﻴﺔ ﻭ ﺃﻳﺔ ﻭﺛﺎﺋﻖ ﻣﺆﻳﺪﺓ ﺃﺧﺮﻯ ﻣﻄﻠﻮﺑﺔ ﻣﻦ ﻗﺒﻞ ﺍﻟﺒﻨﻚ‬/‫ﺷﻬﺎﺩﺓ‬
‫ﺍﻟﻔﻮﺍﺗﻴﺮ‬/‫ ﺣﻴﺚ ﻳُﻄﻠﺐ ﺍﻟﻔﺎﺗﻮﺭﺓ‬،‫)ﺑﺎﺳﺘﺜﻨﺎﺀ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺎﻟﺪﻓﻌﺔ ﺍﻟﻤﻘﺪﻣﺔ‬
‫ﺃﻭﺍﻣﺮ ﺍﻟﺸﺮﺍﺀ ﻭﺫﻟﻚ ﺣﺘﻰ ﻳﺘﻢ ﺷﺤﻦ ﺍﻟﺒﻀﺎﺋﻊ ﺍﻟﻤﺬﻛﻮﺭﺓ ﻓﻲ‬/‫ﺍﻷﻭﻟﻴﺔ ﻭ ﺃﻣﺮ‬
‫ﺍﻟﻔﻮﺍﺗﻴﺮ ﺍﻷﻭﻟﻴﺔ ﻋﻨﺪﻫﺎ ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﻓﻮﺭﺍ ﺇﺭﺳﺎﻝ‬/‫ﺍﻟﻔﺎﺗﻮﺭﺓ‬
‫ﻭﺛﺎﺋﻖ ﺍﻟﺸﺤﻦ ﺍﻷﺻﻠﻴﺔ ﻭ‬/‫ﺍﻟﻔﻮﺍﺗﻴﺮ ﺍﻷﺻﻠﻴﺔ ﻟﻠﺒﻨﻚ ﻣﻊ ﻭﺛﻴﻘﺔ‬/‫ﺍﻟﻔﺎﺗﻮﺭﺓ‬
‫ﺷﻬﺎﺩﺍﺕ ﺍﻟﻤﻨﺸﺄ ﺍﻷﺻﻠﻴﺔ ﻭ ﺃﻳﺔ ﻭﺛﺎﺋﻖ ﻣﺆﻳﺪﺓ ﺃﺧﺮﻯ ﻣﻄﻠﻮﺑﺔ ﻣﻦ ﻗﺒﻞ‬/‫ﺷﻬﺎﺩﺓ‬
‫ ﻭﻳﺠﺐ ﺃﻥ ﺗﻜﻮﻥ ﺟﻤﻴﻊ ﻫﺬﻩ ﺍﻟﻮﺛﺎﺋﻖ ﺑﺎﻟﺸﻜﻞ ﻭﺍﻟﻤﻀﻤﻮﻥ ﻭﺑﺎﻟﻄﺮﻳﻘﺔ‬،‫ﺍﻟﺒﻨﻚ‬
‫ﺍﻟﺘﻲ ﻳﺮﺍﻫﺎ ﺍﻟﺒﻨﻚ ﻣﻘﺒﻮﻟﺔ؛‬
‫ﻣﺒﻠﻎ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻻ ﻳﺰﻳﺪ ﻋﻦ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﺘﻮﻓﺮ؛ ﻭ‬ (‫)ﺡ‬
‫ﺃﻥ ﺍﻟﻔﺘﺮﺓ ﺍﻟﺘﻲ ﺗﺒﺪﺃ ﺍﻋﺘﺒﺎﺭﺍً ﻣﻦ ﺗﺎﺭﻳﺦ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻭﺗﻨﺘﻬﻲ ﻓﻲ‬ (‫)ﻁ‬
.‫ﺗﺎﺭﻳﺦ ﺍﺳﺘﺤﻘﺎﻕ ﺍﻟﻔﺎﺗﻮﺭﺓ ﻻ ﺗﺘﺠﺎﻭﺯ ﻣﺪﺓ ﺍﻟﺘﺴﻬﻴﻞ‬
‫ﺍﺳﺘﻌﻤﺎﻝ ﺗﺴﻬﻴﻞ‬ 2-2
‫ ﺭﻓﺾ ﺃﻱ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ‬،‫ ﻭﻓﻖ ﺗﻘﺪﻳﺮﻩ ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ‬ (‫)ﺃ‬
‫ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ‬
،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﺭﻓﺾ ﺗﻨﻔﻴﺬ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ‬ (‫)ﺏ‬
‫ﺇﺫﺍ ﻛﺎﻥ ﺍﻟﻤﺒﻠﻎ ﺍﻹﺟﻤﺎﻟﻲ ﻟﻠﻔﻮﺍﺗﻴﺮ ﺍﻟﻤﻤﻮﻟﺔ ﺃﻭ ﺍﻟﻤﺨﺼﻮﻣﺔ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ‬
‫ ﻳﺘﺠﺎﻭﺯ ﺣﺪ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﻌﻤﻮﻝ ﺑﻪ؛‬،‫ﺗﻤﻮﻳﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ ﺫﻟﻚ‬
،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﺭﻓﺾ ﺗﻨﻔﻴﺬ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ‬ (‫)ﺝ‬
‫ﺍﻟﻤﻤﻮﻟﺔ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ‬/‫ﺇﺫﺍ ﻛﺎﻥ ﺍﻟﻤﺒﻠﻎ ﺍﻹﺟﻤﺎﻟﻲ ﻟﻠﻔﻮﺍﺗﻴﺮ ﺍﻟﻤﺨﺼﻮﻣﺔ‬
‫ ﻳﺘﺠﺎﻭﺯ ﺣﺪ ﻛﻞ ﻃﺮﻑ ﻣﻘﺎﺑﻞ‬،‫ﻓﺎﺗﻮﺭﺓ ﻣﺒﻴﻌﺎﺕ ﻟﻠﻄﺮﻑ ﺍﻟﻤﻘﺎﺑﻞ ﺍﻟﻤﻌﺘﻤﺪ‬
‫ﻣﻨﻔﺮﺩﺍً ﺫﻭ ﺍﻟﺼﻠﺔ؛‬
‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﺭﻓﺾ ﺗﻨﻔﻴﺬ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ‬ (‫)ﺩ‬
‫ ﻣﺎ ﻟﻢ ﻳﻮﺩﻉ ﺍﻟﻌﻤﻴﻞ ﻣﺒﻠﻐﺎً ﻳﻌﺎﺩﻝ ﻫﺎﻣﺶ ﺗﻤﻮﻳﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ ﻟﻼﺳﺘﻌﻤﺎﻝ‬،‫ﺷﺮﺍﺀ‬
‫ﺍﻟﻤﻘﺘﺮﺡ ﻓﻲ ﺣﺴﺎﺏ ﻫﺎﻣﺶ؛‬
3 ‫ ﻭﻓﻘﺎً ﻟﻠﻤﺎﺩﺓ‬،‫ﺇﺫﺍ ﺗﺤﻘﻘﺖ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺬﻛﻮﺭﺓ ﻓﻲ ﻛﺎﻓﺔ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ‬ (‫)ﻩ‬
‫ ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﺑﻌﺪﻫﺎ‬،(2) ‫)ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺴﺒﻘﺔ( ﻣﻦ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﻫﺬﻩ ﺍﻟﻤﺎﺩﺓ‬
‫ﺗﻘﺪﻳﻢ ﺍﻷﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﻣﺒﻴﻌﺎﺕ ﺣﻴﻨﻤﺎ ﻳﺸﺎﺀ ﻣﻦ‬
.‫ﺧﻼﻝ ﺍﻟﻘﻴﺪ ﻓﻲ ﺍﻟﺤﺴﺎﺏ ﺍﻟﻤﺼﺮﻓﻲ ﻣﺒﻠﻐﺎ ﻣﺴﺎﻭﻳﺎً ﻟﻘﻴﻤﺔ ﺧﺼﻢ ﺍﻟﻔﺎﺗﻮﺭﺓ‬
3 ‫ ﻭﻓﻘﺎً ﻟﻠﻤﺎﺩﺓ‬،‫ﺇﺫﺍ ﺗﺤﻘﻘﺖ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺬﻛﻮﺭﺓ ﻓﻲ ﻛﺎﻓﺔ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ‬ (‫)ﻭ‬
‫ ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﺑﻌﺪﻫﺎ‬،(2) ‫)ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺴﺒﻘﺔ( ﻣﻦ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﻫﺬﻩ ﺍﻟﻤﺎﺩﺓ‬
‫ﺗﻘﺪﻳﻢ ﺍﻷﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺷﺮﺍﺀ ﺣﻴﻨﻤﺎ ﻳﺸﺎﺀ ﻣﻦ‬
‫ﺧﻼﻝ ﺍﻟﻘﻴﺪ ﻓﻲ ﺍﻟﺤﺴﺎﺏ ﺍﻟﻤﺼﺮﻓﻲ ﻟﻠﻄﺮﻑ ﺍﻟﻤﻘﺎﺑﻞ ﺍﻟﻤﻌﺘﻤﺪ )ﺍﻟﻤﺨﻄﺮ ﺑﻪ‬
‫ﻋﺠﺰ ﻣﺪﻳﻦ ﻣﻦ ﻗﺒﻞ ﺍﻟﻌﻤﻴﻞ ﺑﻤﻮﺟﺐ‬/‫ ﻭﺃﻱ ﻣﺒﻠﻎ ﻧﻘﺺ‬،(‫ﻟﻠﺒﻨﻚ‬
‫ﺍﻟﻔﻮﺍﺗﻴﺮ ﺍﻟﻤﻤﻮﻟﺔ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺷﺮﺍﺀ ﻣﺴﺘﺤﻘﺔ‬/‫ﺍﻟﻔﺎﺗﻮﺭﺓ‬
‫ﺍﻟﺪﻓﻊ ﻣﻦ ﻗﺒﻞ ﺍﻟﻌﻤﻴﻞ ﻳﺨﺼﻢ ﺍﻟﺒﻨﻚ ﻣﻦ ﺣﺴﺎﺏ ﻭﺍﺣﺪ ﺃﻭ ﺃﻛﺜﺮﺍﻟﻤﻔﺘﻮﺡ ﺑﺎﺳﻢ‬
.‫ﺍﻟﻌﻤﻴﻞ ﻟﺪﻯ ﺍﻟﺒﻨﻚ‬
‫ﺍﻟﻔﺎﺋﺪﺓ‬
3.
‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺮﺍﻛﻤﺔ ﻋﻦ ﻛﻞ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ‬
.‫ ﻭﺍﻟﺘﻲ ﻳﺘﻢ ﺍﺣﺘﺴﺎﺑﻬﺎ ﻭﻓﻘﺎً ﻟﻨﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﻄﺒﻘﺔ‬،‫ﺍﻟﻔﺎﺗﻮﺭﺓ‬
‫ﻋﻤﻮﻟﺔ ﺍﻟﺘﺴﻬﻴﻞ‬
4.
‫ ﺳﺪﺍﺩ‬،‫ ﻓﻲ ﻛﻞ ﺗﺎﺭﻳﺦ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ‬،‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ‬
.‫ﺇﻟﻰ ﺍﻟﺒﻨﻚ ﻣﺒﻠﻎ ﻣﺴﺎﻭٍ ﻟﻌﻤﻮﻟﺔ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﻄﺒﻘﺔ ﻋﻠﻰ ﺫﻟﻚ ﺍﻻﺳﺘﻌﻤﺎﻝ‬
‫ﺑﻨﻮﺩ ﺃﺧﺮﻯ‬
5.
‫ﻻ ﻳﺘﺤﻤﻞ ﺍﻟﺒﻨﻚ ﻣﺴﺆﻭﻟﻴﺔ ﺗﻘﺪﻳﻢ ﺃﻱ ﻃﻠﺐ ﺃﻭ ﻋﺮﺽ ﺃﻭ ﻣﻮﺍﻓﻘﺔ ﺃﻭ ﻣﻌﺎﺭﺿﺔ ﺃﻭ‬ (‫)ﺃ‬
.‫ﺗﺤﺼﻴﻞ ﻷﻱ ﻓﺎﺗﻮﺭﺓ‬
‫ﺇﺫﺍ ﺗﻤﺖ ﺇﻋﺎﺩﺕ ﺃﻱ ﻓﺎﺗﻮﺭﺓ ﺗﻢ ﺍﻟﺘﻨﺎﺯﻝ ﻋﻨﻬﺎ ﻟﻠﺒﻨﻚ ﺑﻤﻮﺟﺐ ﺃﻭ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ‬ (‫)ﺏ‬
‫ ﺃﻋﻼﻩ ﻏﻴﺮ ﻣﺴﺪﺩﺓ ﻷﻱ ﺳﺒﺐ‬2 ‫ﺑﺘﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﻣﺒﻴﻌﺎﺕ ﻃﺒﻘﺎً ﻟﻠﻤﺎﺩﺓ‬
 above is returned unpaid for any reason whatsoever, in addition to
rights or remedies of the Bank against the Approved Counterparty,
issuer and/or assignor of the invoice, the Customer must, to the
order of the Bank, credit funds to the Bank Account in an amount
not less than the Invoice Discount Amount, interest and other
charges.
6. REPAYMENT
The Customer must immediately on demand by the Bank repay all amounts
utilised and outstanding under an Invoice Financing Facility and, in any
event, the Customer shall repay each Utilisation under each Invoice
Financing Facility in full at the end of the Facility Tenor relating to that
Invoice Financing Facility.
BBG/OCFL/V01/ADCB 06102013 Page 24 of 35
‫ ﺇﻳﺪﺍﻉ ﻣﺒﻠﻎ ﻓﻲ ﺣﺴﺎﺏ ﺍﻟﺒﻨﻚ ﻻ‬،‫ ﺑﻌﺪ ﻃﻠﺐ ﺍﻟﺒﻨﻚ‬،‫ ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ‬،‫ﻛﺎﻥ‬
‫ ﺑﺎﻹﺿﺎﻓﺔ ﺇﻟﻰ ﺍﻟﺤﻘﻮﻕ‬،‫ﻳﻘﻞ ﻋﻦ ﻗﻴﻤﺔ ﺧﺼﻢ ﺍﻟﻔﺎﺗﻮﺭﺓ ﻭﺃﻱ ﺭﺳﻮﻡ ﺃﺧﺮﻯ‬
،‫ﻭﺍﻟﺘﻌﻮﻳﻀﺎﺕ ﺍﻷﺧﺮﻯ ﺍﻟﻤﺴﺘﺤﻘﺔ ﻟﻠﺒﻨﻚ ﻋﻠﻰ ﺍﻟﻄﺮﻑ ﺍﻟﻤﻘﺎﺑﻞ ﺍﻟﻤﻌﺘﻤﺪ‬
.‫ﺃﻭ ﺍﻟﻤﺘﻨﺎﺯﻝ‬/‫ﺍﻟﻤُﺼﺪﺭ ﻭ‬
‫ﺍﻟﺴﺪﺍﺩ‬
6.
‫ ﺳﺪﺍﺩ ﻛﺎﻓﺔ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﺴﺘﻌﻤﻠﺔ ﻭﻏﻴﺮ‬،‫ ﻓﻮﺭ ﻣﻄﺎﻟﺒﺔ ﺍﻟﺒﻨﻚ ﺇﻳﺎﻩ‬،‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ‬
‫ ﻭﻓﻲ ﺃﻱ ﺣﺎﻝ ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﻛﻞ‬.‫ﺍﻟﻤﺴﺪﺩﺓ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ‬
‫ﺇﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﻛﻞ ﺗﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﻓﺎﺗﻮﺭﺓ ﺑﺎﻟﻜﺎﻣﻞ ﻓﻲ ﻧﻬﺎﻳﺔ ﻣﺪﺓ ﺍﻟﺘﺴﻬﻴﻞ‬
.‫ﺍﻟﻤﺘﻌﻠﻘﺔ ﺑﺘﺴﻬﻴﻞ ﺗﻤﻮﻳﻞ ﺍﻟﻔﺎﺗﻮﺭﺓ‬
 SCHEDULE 10 10 ‫ﺍﻟﻤﻠﺤﻖ‬
Redrawable Term Loan Facility ‫ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ‬

The Redrawable Term Loan Facility is made available on the terms and ‫ﻳﺘﻢ ﺗﻘﺪﻳﻢ ﻛﻞ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ ﻭﻓﻘﺎً ﻷﺣﻜﺎﻡ ﻭﺷﺮﻭﻁ ﺧﻄﺎﺏ ﻓﺘﺢ‬
subject to the conditions of this Opening Credit Facility Letter (including this ‫( ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬10 ‫ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ ﻫﺬﺍ )ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺍﻟﻤﻠﺤﻖ‬
Schedule 10), the Standard Terms and the Redrawable Term Loan Standard ‫ ﻭﻣﺎ ﻳﻄﺮﺃ ﻋﻠﻰ ﻛﻞ ﻣﻨﻬﺎ ﻣﻦ ﺗﻌﺪﻳﻼﺕ ﻣﻦ‬،‫ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻟﻠﻘﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ‬
Terms, each as amended from time to time. .‫ﻭﻗﺖ ﻵﺧﺮ‬

1. UTILISATION ‫ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1.
1.1 Completion of a Utilisation Request ‫ﻛﻤﺎﻝ ﻃﻠﺐ ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1-1
Each Utilisation Request under a Redrawable Term Loan Facility is ‫ﻳﻜﻮﻥ ﻛﻞ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ ﻧﻬﺎﺋﻴﺎً ﻏﻴﺮ ﻗﺎﺑﻞ‬
irrevocable and will not be regarded as having been duly completed unless: :‫ ﻣﺎ ﻟﻢ‬،‫ﻟﻠﻨﻘﺾ ﻭﻟﻦ ﻳﻌﺘﺒﺮ ﻣﻜﺘﻤﻼً ﺣﺴﺐ ﺍﻷﺻﻮﻝ‬
(a) the proposed Utilisation Date is a Business Day during the ‫ﻳﻜﻦ ﺗﺎﺭﻳﺦ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻳﻮﻡ ﻋﻤﻞ ﺧﻼﻝ ﻓﺘﺮﺓ ﺍﻟﺴﺤﺐ؛‬ (‫)ﺃ‬
Availability Period;
(b) the proposed currency is the Facility Currency, unless ‫ ﻣﺎ ﻋﺪﺍ ﻓﻲ ﺍﻟﺤﺎﻻﺕ‬،‫ﺗﻜﻦ ﺍﻟﻌﻤﻠﺔ ﺍﻟﻤﻘﺘﺮﺣﺔ ﻧﻔﺲ ﻋﻤﻠﺔ ﺍﻟﺘﺴﻬﻴﻞ‬ (‫)ﺏ‬
approved otherwise by the Bank; ‫ﺍﻟﻤﻮﺍﻓﻖ ﻋﻠﻴﻬﺎ ﻣﻦ ﺍﻟﺒﻨﻚ؛‬
(c) the amount of the proposed Utilisation is not more than the ‫ﻣﺒﻠﻎ ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻤﻘﺘﺮﺡ ﻻ ﻳﺰﻳﺪ ﻋﻦ ﺍﻟﺘﺴﻬﻴﻞ ﺍﻟﻤﺘﻮﻓﺮ؛‬ (‫)ﺝ‬
Available Facility;
(d) the proposed Interest Period complies with clause 3 (Interest ‫ )ﻓﺘﺮﺍﺕ ﺍﻟﻔﺎﺋﺪﺓ(؛ ﻭ‬3 ‫ﺗﻄﺎﺑﻖ ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﻘﺘﺮﺣﺔ ﻣﻊ ﺍﻟﻤﺎﺩﺓ‬ (‫)ﺩ‬
Periods); and
(e) the proposed term of the Utilisation does not exceed the .‫ﺗﻜﻦ ﺍﻟﻤﺪﺓ ﺍﻟﻤﻘﺘﺮﺣﺔ ﻟﻼﺳﺘﻌﻤﺎﻝ ﻻ ﺗﺘﺠﺎﻭﺯ ﻣﻦ ﻣﺪﺓ ﺍﻟﺘﺴﻬﻴﻞ‬ (‫)ﻩ‬
Facility Tenor.
1.2 Utilisation ‫ﺍﻻﺳﺘﻌﻤﺎﻝ‬ 1-2
(a) The Bank may, at its sole discretion, reject any Utilisation ‫ ﺭﻓﺾ ﺃﻱ ﻃﻠﺐ ﺍﺳﺘﻌﻤﺎﻝ‬،‫ ﻭﻓﻖ ﺗﻘﺪﻳﺮﻩ ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ‬ (‫)ﺃ‬
Request under a Redrawable Term Loan Facility. .‫ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ‬
(b) Subject to clause 3 (Conditions Precedent) of the Standard 3 ‫ ﻭﻓﻘﺎً ﻟﻠﻤﺎﺩﺓ‬،‫ﺇﺫﺍ ﺗﺤﻘﻘﺖ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺬﻛﻮﺭﺓ ﻓﻲ ﻛﺎﻓﺔ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ‬ (‫)ﺏ‬
Terms and paragraph (a) above, if the conditions set out in all ‫ ﻳﺠﻮﺯ‬،‫)ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺴﺒﻘﺔ( ﻣﻦ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺍﻟﻔﻘﺮﺓ )ﺃ( ﺃﻋﻼﻩ‬
the Transaction Documents have been met, the Bank may ‫ﻟﻠﺒﻨﻚ ﺑﻌﺪﻫﺎ ﺗﻮﻓﻴﺮ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ ﻟﻠﻌﻤﻴﻞ ﺣﻴﻨﻤﺎ‬
make available to the Customer a Utilisation under a .‫ﻳﺸﺎﺀ‬
Redrawable Term Loan Facility at any time thereafter.

2. INTEREST ‫ﺍﻟﻔﺎﺋﺪﺓ‬ 2.
The Customer must pay accrued interest on each Utilisation under a ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺘﺮﺍﻛﻤﺔ ﻋﻠﻰ ﻛﻞ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ‬
Redrawable Term Loan Facility: :‫ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ‬
(a) calculated at the Applicable Rate; and ‫ﻳﺘﻢ ﺍﺣﺘﺴﺎﺑﻬﺎ ﻭﻓﻘﺎً ﻟﻨﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﻄﺒﻘﺔ ؛ ﻭ‬ (‫)ﺃ‬
(b) unless provided otherwise in any Credit Facility Letter, on the last ‫ ﻣﺎ ﻟﻢ ﻳﻜﻦ ﻫﻨﺎﻙ ﻣﺎ ﻳﻨﺺ ﻋﻠﻰ ﺧﻼﻑ‬،‫ﻓﻲ ﺁﺧﺮ ﻳﻮﻡ ﻣﻦ ﻛﻞ ﻓﺘﺮﺓ ﻓﺎﺋﺪﺓ‬ (‫)ﺏ‬
day of each Interest Period. .‫ﺫﻟﻚ ﻓﻲ ﺃﻱ ﺧﻄﺎﺏ ﺗﺴﻬﻴﻞ ﺍﺋﺘﻤﺎﻧﻲ‬

3. INTEREST PERIODS ‫ﻓﺘﺮﺍﺕ ﺍﻟﻔﺎﺋﺪﺓ‬ 3.

3.1 Interest Periods ‫ﻓﺘﺮﺍﺕ ﺍﻟﻔﺎﺋﺪﺓ‬ 3-1
(a) Each Utilisation under a Redrawable Term Loan Facility has ‫ﻛﻞ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ ﺗﺘﺒﻌﻪ ﻓﺘﺮﺍﺕ‬ (‫)ﺃ‬
successive Interest Periods. .‫ﻓﺎﺋﺪﺓ ﺗﻌﺎﻗﺒﻴﺔ‬
(b) Each Interest Period for a Utilisation under a Redrawable Term ‫ﺗﺒﺪﺃ ﻛﻞ ﻓﺘﺮﺓ ﻓﺎﺋﺪﺓ ﻻﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ‬ (‫)ﺏ‬
Loan Facility will start on the Utilisation Date of that Utilisation or ‫ﻓﻲ ﺗﺎﺭﻳﺦ ﺍﺳﺘﻌﻤﺎﻝ ﺍﻟﺘﺴﻬﻴﻞ ﺃﻭ ﻓﻲ ﺍﻟﻴﻮﻡ ﺍﻷﺧﻴﺮ ﻣﻦ ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ‬
(if already made) on the last day of its preceding Interest Period. .(ً‫ﺍﻟﺴﺎﺑﻘﺔ )ﺇﺫﺍ ﻛﺎﻥ ﻗﺪ ﺍﺳﺘُﺨﺪﻡ ﻓﻌﻼ‬
3.2 No overrunning the Termination Date ‫ﻻ ﺗﺠﺎﻭﺯ ﻟﺘﺎﺭﻳﺦ ﺍﻹﻧﻬﺎﺀ‬ 3-2
(a) An Interest Period for a Utilisation under a Redrawable Term ‫ﻻ ﻳﺠﻮﺯ ﺃﻥ ﺗﺘﺠﺎﻭﺯ ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ ﻻﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﻗﺮﺽ‬ (‫)ﺃ‬
Loan Facility may not extend beyond the Review Date, unless .‫ ﻣﺎ ﻟﻢ ﻳﻮﺍﻓﻖ ﺍﻟﺒﻨﻚ ﻋﻠﻰ ﺧﻼﻑ ﺫﻟﻚ‬،‫ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ ﺗﺎﺭﻳﺦ ﺍﻟﻤﺮﺍﺟﻌﺔ‬
otherwise agreed by the Bank.
(b) If an Interest Period under a Redrawable Term Loan Facility ‫ﺇﺫﺍ ﺗﺠﺎﻭﺯﺕ ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ‬ (‫)ﺏ‬
would otherwise overrun the Review Date, it will be shortened so ‫ ﻳﺘﻢ ﺗﻘﺼﻴﺮ ﺗﻠﻚ ﺍﻟﻤﺪﺓ ﺣﺘﻰ ﺗﻨﺘﻬﻲ ﻓﻲ ﺗﺎﺭﻳﺦ‬،‫ﺗﺎﺭﻳﺦ ﺍﻟﻤﺮﺍﺟﻌﺔ‬
that it ends on the Review Date. .‫ﺍﻟﻤﺮﺍﺟﻌﺔ‬
3.3 Changes to Interest Periods ‫ ﺗﻐﻴﻴﺮ ﻓﺘﺮﺍﺕ ﺍﻟﻔﺎﺋﺪﺓ‬3-3
Prior to determining the interest rate for a Utilisation under a Redrawable ،‫ﻗﺒﻞ ﺗﺤﺪﻳﺪ ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﻋﻠﻰ ﺍﺳﺘﻌﻤﺎﻝ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ‬
Term Loan Facility, the Bank may shorten an Interest Period for any ‫ ﻭﻓﻘﺎً ﻟﺘﻘﺪﻳﺮﻩ‬،‫ﻳﺠﻮﺯ ﻟﻠﺒﻨﻚ ﺗﻘﺼﻴﺮ ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ ﻋﻠﻰ ﺃﻱ ﺍﺳﺘﻌﻤﺎﻝ‬
Utilisation at its sole discretion. .‫ﺍﻻﺳﺘﻨﺴﺎﺑﻲ‬
3.4 Non-Business Days ‫ ﺣﻠﻮﻝ ﺗﺎﺭﻳﺦ ﺍﻻﻧﺘﻬﺎﺀ ﻓﻲ ﻏﻴﺮ ﺃﻳﺎﻡ ﻋﻤﻞ‬3-4
If an Interest Period under a Redrawable Term Loan Facility would otherwise ‫ﺇﺫﺍ ﺍﻧﺘﻬﺖ ﻓﺘﺮﺓ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺴﺘﺤﻘﺔ ﻋﻠﻰ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ ﻓﻲ ﻏﻴﺮ‬
end on a day which is not a Business Day, that Interest Period will instead ‫ ﻓﺈﻥ ﺗﺎﺭﻳﺦ ﺍﻧﺘﻬﺎﺋﻬﺎ ﻳﻨﺘﻘﻞ ﺇﻟﻰ ﻳﻮﻡ ﺍﻟﻌﻤﻞ ﺍﻟﺘﺎﻟﻲ ﻓﻲ ﺫﻟﻚ ﺍﻟﺸﻬﺮ‬،‫ﻳﻮﻡ ﻋﻤﻞ‬
end on the next Business Day in that calendar month (if there is one) or the ‫ﺍﻟﺘﻘﻮﻳﻤﻲ )ﺇﺫﺍ ﻛﺎﻥ ﺍﻟﻴﻮﻡ ﺍﻟﺘﺎﻟﻲ ﻳﻮﻡ ﻋﻤﻞ( ﺃﻭ ﺇﻟﻰ ﻳﻮﻡ ﺍﻟﻌﻤﻞ ﺍﻟﺴﺎﺑﻖ )ﺇﺫﺍ ﻟﻢ ﻳﻜﻦ‬
preceding Business Day (if there is not). .(‫ﺍﻟﻴﻮﻡ ﺍﻟﺘﺎﻟﻲ ﻳﻮﻡ ﻋﻤﻞ‬

4. REBORROWING ‫ﺍﻻﻗﺘﺮﺍﺽ ﻣﺮﺓ ﺃﺧﺮﻯ‬ 4.

The Customer may reborrow the amount of any Utilisations made under the ‫ﻳﺠﻮﺯ ﻟﻠﻌﻤﻴﻞ ﺑﺎﻹﻗﺘﺮﺍﺽ ﻣﺮﺓ ﺃﺧﺮﻯ ﻣﻦ ﺃﻱ ﺇﺳﺘﻌﻤﺎﻝ ﻳﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﺍﻟﻘﺮﺽ ﻹﺟﻞ‬
Redrawable Term Loan Facility that have been repaid or prepaid. .ً‫ﺍﻟﻤﺘﺠﺪﺩ ﺗﻢ ﺳﺪﺍﺩﻩ ﺃﻭ ﺳﺪﺍﺩﻩ ﻣﺴﺒﻘﺎ‬

5. ACTIVE USE ‫ﺍﻻﺳﺘﻌﻤﺎﻝ ﺍﻟﻨﺸﻂ‬ 5.

The Customer must reduce all amounts utilised and outstanding under a ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺗﺨﻔﻴﺾ ﻛﺎﻓﺔ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﺴﺘﻌﻤﻠﺔ ﻭﻏﻴﺮ ﺍﻟﻤﺴﺪﺩﺓ ﺑﻤﻮﺟﺐ‬
Redrawable Term Loan Facility to zero for no less than ten Business Days in ‫ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ ﺇﻟﻰ ﺍﻟﺼﻔﺮ ﻟﻤﺪﺓ ﻻ ﺗﻘﻞ ﻋﻦ ﻋﺸﺮﺓ ﺃﻳﺎﻡ ﻋﻤﻞ ﻣﻦ ﻛﻞ ﻋﺎﻡ‬
each calendar year or as otherwise requested by the Bank. .‫ﺗﻘﻮﻳﻤﻲ ﺃﻭ ﻭﻓﻖ ﻣﺎ ﻳﻄﻠﺒﻪ ﺍﻟﺒﻨﻚ‬

6. REPAYMENT ‫ﺍﻟﺴﺪﺍﺩ‬ 6.
The Customer must repay the Utilisation made to it under the Redrawable ‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺳﺪﺍﺩ ﺍﻻﺳﺘﻌﻤﺎﻻﺕ ﺑﻤﻮﺟﺐ ﺗﺴﻬﻴﻞ ﻗﺮﺽ ﻷﺟﻞ ﺍﻟﻤﺘﺠﺪﺩ ﻓﻲ‬
Term Loan Facility on each successive Repayment Date and in the relevant . ‫ﺗﻮﺍﺭﻳﺦ ﺍﻟﺴﺪﺍﺩ ﺑﺎﻟﺘﺘﺎﺑﻊ ﻭﺣﺴﺐ ﻣﺒﺎﻟﻎ ﺍﻟﺴﺪﺍﺩ ﺍﻟﻤﻄﺒﻘﺔ ﻋﻠﻰ ﺫﻟﻚ ﺍﻹﺳﺘﻌﻤﺎﻝ‬
Repayment Amount applicable to that Utilisation.

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 SCHEDULE 11 11 ‫ﺍﻟﻤﻠﺤﻖ‬
FINANCIAL COVENANTS ‫ﺍﻟﺘﻌﻬﺪﺍﺕ ﺍﻟﻤﺎﻟﻴﺔ‬
Unless expressly provided otherwise in this Schedule, each Financial ‫ ﻳﺘﻢ ﺗﻄﺒﻴﻖ ﻛﻞ ﺗﻌﻬﺪ ﻣﺎﻟﻲ ﻭﻳﺤﺘﺴﺐ‬،‫ﻣﺎ ﻟﻢ ﻳﻨﺺ ﻫﺬﺍ ﺍﻟﻤﻠﺤﻖ ﻋﻠﻰ ﺧﻼﻑ ﺫﻟﻚ‬
Covenant applies and shall be calculated on a consolidated basis and in .‫ﻋﻠﻰ ﺃﺳﺎﺱ ﻣﻮﺣﺪ ﻭﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺎﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬
relation to the Covenant Group.

1. FINANCIAL COVENANTS ‫ ﺍﻟﺘﻌﻬﺪﺍﺕ ﺍﻟﻤﺎﻟﻴﺔ‬.1

The Customer must ensure that each financial covenant set out in the
table below under the heading "Ratio" (each a Financial Covenant) is
satisfied at the times and in the manner set out in the table below under
the heading "Details" on and from the Signing Date for the Customer of
this Opening Facility Letter.
Ratio Details
‫ﻳﺠﺐ ﻋﻠﻰ ﺍﻟﻌﻤﻴﻞ ﺍﻟﺘﺎﻛﺪ ﻣﻦ ﺃﻥ ﻛﻞ ﺗﻌﻬﺪ ﻣﺎﻟﻲ ﻣﺒﻴﻦ ﻓﻲ ﺍﻟﺠﺪﻭﻝ ﺃﺩﻧﺎﻩ ﺗﺤﺖ‬
‫ﻋﻨﻮﺍﻥ "ﺍﻟﻨﺴﺒﺔ" )ﻭﻳﻄﻠﻖ ﻋﻠﻰ ﻛﻞ ﻣﻨﻬﺎ "ﺗﻌﻬﺪ ﻣﺎﻟﻲ"( ﻳﺘﻢ ﺍﻹﻳﻔﺎﺀ ﺑﻪ ﻭﻓﻖ‬
"‫ﺍﻟﻮﻗﺖ ﻭ ﺍﻟﻄﺮﻳﻘﺔ ﺍﻟﻤﺒﻴﻨﻴﻦ ﻓﻲ ﺍﻟﺠﺪﻭﻝ ﺃﺩﻧﺎﻩ ﺗﺤﺖ ﻋﻨﻮﺍﻥ "ﺍﻟﺘﻔﺎﺻﻴﻞ‬
.‫ﺍﻋﺘﺒﺎﺭﺍ ﻣﻦ ﺗﺎﺭﻳﺦ ﺗﻮﻗﻴﻊ ﺍﻟﻌﻤﻴﻞ ﻋﻠﻰ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻞ ﻫﺬﺍ‬
‫ﺍﻟﺘﻔﺎﺻﻴﻞ‬ ‫ﺍﻟﻨﺴﺒﺔ‬

[Tangible Net Worth] / must not, at any time, be less than the ،‫ ﻓـﻲ ﺃﻱ ﻭﻗــﺖ ﻣـﻦ ﺍﻷﻭﻗــﺎﺕ‬،‫ﻳﺠﺐ ﺃﻥ ﻻ ﺗﻜﻮﻥ‬ ‫]ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ‬
[Net Worth] Dirham Equivalent of [insert amount] ‫ﺃﻗﻞ ﻋﻤﺎ ﻳﻌﺎﺩﻝ )ﺃﺩﺭﺝ ﺍﻟﻤﺒﻠﻎ( ﺑﺎﻟﺪﺭﻫﻢ‬ ‫ ]ﺻﺎﻓﻲ ﻗﻴﻤﺔ‬/ [‫ﺍﻟﻤﻠﻤﻮﺳﺔ‬
[‫ﺍﻟﺜﺮﻭﺓ‬
[Tangible Net Worth] / must not, in respect of any Relevant Period, ‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ‬،‫ﻳﺠﺐ ﺃﻥ ﻻ ﺗﻜﻮﻥ‬ ‫ﻧﺴﺒﺔ ]ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ‬
[Net Worth] to Total be less than [x]:[1.0] (1) :(--) ‫ ﺃﻗﻞ ﻣﻦ‬،‫ﺻﻠﺔ‬ ‫ ]ﺻﺎﻓﻲ ﻗﻴﻤﺔ‬/ [‫ﺍﻟﻤﻠﻤﻮﺳﺔ‬
Assets Ratio ‫ﺍﻟﺜﺮﻭﺓ[ ﺇﻟﻰ ﺇﺟﻤﺎﻟﻲ ﺍﻷﺻﻮﻝ‬
Total Liabilities to must not, in respect of any Relevant Period, ‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ‬،‫ﻳﺠﺐ ﺃﻥ ﻻ ﺗﻜﻮﻥ‬ ‫ﻧﺴﺒﺔ ﺇﺟﻤﺎﻟﻲ ﺍﻟﺪﻳﻮﻥ ﺇﻟﻰ‬
[Tangible Net Worth] / be more than [x]:[1.0] (1) :(--) ‫ ﺃﻛﺜﺮ ﻣﻦ‬،‫ﺻﻠﺔ‬ ‫]ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ‬
[Net Worth] Ratio ‫ ]ﺻﺎﻓﻲ ﻗﻴﻤﺔ‬/ [‫ﺍﻟﻤﻠﻤﻮﺳﺔ‬
[‫ﺍﻟﺜﺮﻭﺓ‬
Total Debt to [Tangible must not, in respect of any Relevant Period, ‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ‬،‫ﻳﺠﺐ ﺃﻥ ﻻ ﺗﻜﻮﻥ‬ ‫ﻧﺴﺒﺔ ﺇﺟﻤﺎﻟﻲ ﺍﻟﺪﻳﻦ ﺇﻟﻰ‬
Net Worth] / [Net be more than [x]:[1.0] (1) :(--) ‫ ﺃﻛﺜﺮ ﻣﻦ‬،‫ﺻﻠﺔ‬ ‫]ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ‬
Worth] Ratio ‫ ]ﺻﺎﻓﻲ ﻗﻴﻤﺔ‬/ [‫ﺍﻟﻤﻠﻤﻮﺳﺔ‬
[‫ﺍﻟﺜﺮﻭﺓ‬
Total Debt to EBITDA must not, in respect of any Relevant Period, ‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ‬،‫ﻳﺠﺐ ﺃﻥ ﻻ ﺗﻜﻮﻥ‬ ‫ﻧﺴﺒﺔ ﺇﺟﻤﺎﻟﻲ ﺍﻟﺪﻳﻦ ﺇﻟﻰ‬
Ratio be more than [x]:[1.0] (1) :(--) ‫ ﺃﻛﺜﺮ ﻣﻦ‬،‫ﺻﻠﺔ‬ ‫ﻗﻴﻤﺔ ﺍﻷﺭﺑﺎﺡ ﻗﺒﻞ ﺧﺼﻢ‬
‫ﺍﻟﻔﻮﺍﺋﺪ ﻭﺍﻟﻀﺮﺍﺋﺐ ﻭﺍﻹﻫﻼﻙ‬
‫ﻭﺍﻻﺳﺘﻬﻼﻙ‬
Current Ratio must not, in respect of any Relevant Period, ‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ‬،‫ﻳﺠﺐ ﺃﻥ ﻻ ﺗﻜﻮﻥ‬ ‫ﻧﺴﺒﺔ ﺍﻟﺘﺪﺍﻭﻝ‬
be less than [x]:[1.0] (1) :(--) ‫ ﺃﻗﻞ ﻣﻦ‬،‫ﺻﻠﺔ‬
Cashflow Cover Ratio must not, in respect of any Relevant Period, ‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ‬،‫ﻳﺠﺐ ﺃﻥ ﻻ ﺗﻜﻮﻥ‬ ‫ﻧﺴﺒﺔ ﺗﻐﻄﻴﺔ ﺍﻟﺘﺪﻓﻖ‬
be less than [x]:[1.0] (1) :(--) ‫ ﺃﻗﻞ ﻣﻦ‬،‫ﺻﻠﺔ‬ ‫ﺍﻟﻨﻘﺪﻱ‬
Interest Cover Ratio must not, in respect of any Relevant Period, ‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ‬،‫ﻳﺠﺐ ﺃﻥ ﻻ ﺗﻜﻮﻥ‬ ‫ﻧﺴﺒﺔ ﺗﻐﻄﻴﺔ ﺍﻟﻔﺎﺋﺪﺓ‬
be less than [x]:[1.0] (1) :(--) ‫ ﺃﻗﻞ ﻣﻦ‬،‫ﺻﻠﺔ‬
Loan to Value Ratio must not, at any time, be more than [x]:[1.0] ،‫ ﻓـﻲ ﺃﻱ ﻭﻗــﺖ ﻣـﻦ ﺍﻷﻭﻗــﺎﺕ‬،‫ﻳﺠﺐ ﺃﻥ ﻻ ﺗﻜﻮﻥ‬ ‫ﻧﺴﺒﺔ ﺍﻟﻘﺮﺽ ﺇﻟﻰ ﺍﻟﻘﻴﻤﺔ‬
(1) :(--) ‫ﺃﻛﺜﺮ ﻣﻦ‬
Covenant Group [the Customer/ the Group/ the Group ‫ ﺍﻟﻤﺠﻤﻮﻋﺔ ﻣﺎ ﻋﺪﺍ ﺍﻟﺸﺨﺺ‬/‫ ﺍﻟﻤﺠﻤﻮﻋﺔ‬/‫)ﺍﻟﻌﻤﻴﻞ‬ ‫ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬
excluding the Excluded Persons/ the (‫ ﺍﻟﻤﺘﻌﻬﺪﻳﻦ‬/‫ﺍﻟﻤﺴﺘﺜﻨﻲ‬
Obligors]

2. DEFINITIONS AND INTERPRETATION ‫ ﺍﻟﺘﻌﺮﻳﻔﺎﺕ ﻭﺍﻟﺘﻔﺴﻴﺮ‬.2

In : this Schedule :‫ﻓﻲ ﺍﻟﻤﻠﺤﻖ ﻫﺬﺍ‬
Unless the context otherwise requires, terms defined in the Standard ‫ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻤﺤﺪﺩﺓ ﻓﻲ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬،‫ﻣﺎ ﻟﻢ ﻳﻘﺘﺾ ﺳﻴﺎﻕ ﺍﻟﻨﺺ ﺧﻼﻑ ﺫﻟﻚ‬
Terms and each Opening Facility Letter shall have the same meaning ‫ﻭﻛﻞ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻞ ﺳﻴﻜﻮﻥ ﻟﻬﺎ ﻧﻔﺲ ﺍﻟﻤﻌﻨﻰ ﻋﻨﺪ ﺍﺳﺘﺨﺪﺍﻣﻬﺎ ﻓﻲ ﻫﺬﻩ‬
when used herein and, in addition, : in this Schedule :‫ ﻓﻲ ﻫﺬﺍ ﺍﻟﺠﺪﻭﻝ‬،‫ ﻭﺑﺎﻹﺿﺎﻓﺔ ﺇﻟﻰ ﺫﻟﻚ‬،‫ﺍﻟﻮﺛﻴﻘﺔ‬

Borrowings means, at any time, the aggregate principal, outstanding
capital or nominal amount (and any fixed or minimum premium payable
on prepayment or redemption) of any indebtedness of members of the
Covenant Group for or in respect of :
(a) moneys borrowed;
(b) debit balances at banks or other financial institutions;
(c) any deferred payment agreements arranged primarily as a method
of raising finance or financing the acquisition of an asset;
(d) any loan made by a shareholder, except Shareholder
for Loan
any
s, extended by the Customer to a member of the Covenant Group;
(e) any acceptances under any acceptance credit or bill discount
facility (or dematerialised equivalent);
(f) any note purchase facility or the issue of bonds, debentures
notes,
, loan stock or any similar instrument;
(g) any Finance Lease and, if required by the Bank, Operating Lease
and all related parties debt;
(h) receivables sold or discounted including any discounted cheques
(other than any receivables to the extent they are sold on a non-
recourse basis);
(i) any counter-indemnity obligation in respect of a guarantee, bond
(including performance bonds and/or tender bonds), standby or
documentary letter of credit or any other instrument issued by a
bank or financial institution in respect of an underlying liability of
an entity which is not a member of the Covenant Group which
‫ ﺇﺟﻤﺎﻟﻲ ﺍﻟﻘﻴﻤﺔ ﺍﻟﺮﺋﻴﺴﻴﺔ ﺃﻭ ﺍﻻﺳﻤﻴﺔ‬،‫ ﻓﻲ ﺃﻱ ﻭﻗﺖ ﻣﻦ ﺍﻷﻭﻗﺎﺕ‬،‫ﺍﻟﻘﺮﻭﺽ ﺗﻌﻨﻲ‬
‫ﻏﻴﺮ ﺍﻟﻤﺴﺪﺩﺓ )ﻭﺃﻱ ﺃﻗﺴﺎﻁ ﺛﺎﺑﺘﺔ ﺃﻭ ﺫﺍﺕ ﺣﺪ ﺃﺩﻧﻰ ﻣﺴﺘﺤﻘﺔ ﺍﻟﺴﺪﺍﺩ ﻋﻠﻰ ﺳﺒﻴﻞ‬
‫ﺍﻟﺴﺪﺍﺩ ﺍﻟﻤﺴﺒﻖ ﺃﻭ ﺍﻻﺳﺘﺮﺩﺍﺩ( ﻷﻱ ﻣﻦ ﻣﺪﻳﻮﻧﻴﺎﺕ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﻓﻴﻤﺎ‬
: ‫ﻳﺨﺺ ﻣﺎ ﻳﻠﻲ‬
‫ﺍﻷﻣﻮﺍﻝ ﺍﻟﻤﻘﺘﺮﺿﺔ ؛‬ (‫)ﺃ‬
‫ﺃﺭﺻﺪﺓ ﻣﺪﻳﻨﺔ ﻟﺪﻯ ﺍﻟﺒﻨﻮﻙ ﺃﻭ ﺍﻟﻤﺆﺳﺴﺎﺕ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻷﺧﺮﻯ ؛‬ (‫)ﺏ‬
‫ﺃﻱ ﺍﺗﻔﺎﻗﻴﺎﺕ ﺩﻓﻊ ﻣﺆﺟﻞ ﺗﻢ ﺗﺮﺗﻴﺒﻬﺎ ﻓﻲ ﺍﻟﻤﻘﺎﻡ ﺍﻷﻭﻝ ﻛﻮﺳﻴﻠﺔ ﻟﺰﻳﺎﺩﺓ‬ (‫)ﺝ‬
‫ﺍﻟﺘﻤﻮﻳﻞ ﺃﻭ ﺗﻤﻮﻳﻞ ﺍﻻﺳﺘﺤﻮﺍﺫ ﻋﻠﻰ ﺍﻷﺻﻮﻝ ؛‬
‫ ﻣﺎ ﻋﺪﺍ ﻗﺮﻭﺽ ﺍﻟﻤﺴﺎﻫﻤﻴﻦ ﺍﻟﻤﻤﻨﻮﺣﺔ ﻣﻦ‬،‫ﺃﻱ ﻗﺮﺽ ﻣﻤﻨﻮﺡ ﻣﻦ ﺃﺣﺪ ﺍﻟﻤﺴﺎﻫﻤﻴﻦ‬ (‫)ﺩ‬
‫ ﺇﻟﻰ ﻋﻀﻮ ﻓﻲ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ؛‬،‫ﺍﻟﻌﻤﻴﻞ‬
‫ﺃﻱ ﻗﺒﻮﻝ ﺑﻤﻮﺟﺐ ﺍﻋﺘﻤﺎﺩ ﺍﻟﻘﺒﻮﻝ ﺃﻭ ﺗﺴﻬﻴﻞ ﺧﺼﻮﻣﺎﺕ‬ (‫)ﻩ‬
‫ﺍﻟﻔﻮﺍﺗﻴﺮ )ﺃﻭ ﻣﺎ ﻳﻌﺎﺩﻟﻪ( ؛‬/‫ﺍﻟﻜﻤﺒﻴﺎﻻﺕ‬
‫ﺃﻭ ﺇﺻﺪﺍﺭ ﺍﻟﺼﻜﻮﻙ ﺃﻭ ﺍﻷﺫﻭﻧﺎﺕ ﺃﻭ ﺍﻟﺴﻨﺪﺍﺕ ﺃﻭ‬ ‫ﺃﻱ ﺗﺴﻬﻴﻼﺕ ﻟﺸﺮﺍﺀ ﺃﺫﻭﻧﺎﺕ‬ (‫)ﻭ‬
‫ﺳﻨﺪﺍﺕ ﺍﻹﻗﺮﺍﺽ ﺃﻭ ﻏﻴﺮﻫﺎ ﻣﻦ ﺍﻷﺩﻭﺍﺕ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻟﻤﺸﺎﺑﻬﺔ ؛‬
‫ ﺃﻱ ﻋﻘﺪ ﺇﻳﺠﺎﺭ ﺗﺸﻐﻴﻠﻲ‬،‫ ﻭﺇﺫﺍ ﺗﻄﻠﺐ ﺍﻟﺒﻨﻚ‬،‫ﺃﻱ ﻋﻘﺪ ﺇﻳﺠﺎﺭ ﺗﻤﻮﻳﻠﻲ‬ (‫)ﺯ‬
‫ﻭﻛﺎﻣﻞ ﺩﻳﻦ ﺍﻷﻃﺮﺍﻑ ﺫﺍﺕ ﺍﻟﻌﻼﻗﺔ ؛‬
‫ﺍﻟﺬﻣﻢ ﺍﻟﺪﺍﺋﻨﺔ ﺍﻟﻤﺒﺎﻋﺔ ﺃﻭ ﺍﻟﻤﺨﺼﻮﻣﺔ ﺑﻤﺎ ﻓﻴﻬﺎ ﺃﻱ ﺷﻴﻜﺎﺕ ﻣﺨﺼﻮﻣﺔ )ﻣﺎ ﻋﺪﺍ‬ (‫)ﺡ‬
‫ﺗﻠﻚ ﺍﻟﺬﻣﻢ ﺍﻟﺪﺍﺋﻨﺔ ﺍﻷﺧﺮﻯ ﺍﻟﻤﺒﺎﻋﺔ ﻋﻠﻰ ﺃﺳﺎﺱ ﻋﺪﻡ ﺍﻟﺤﻖ ﻓﻲ ﺍﻟﺮﺟﻮﻉ( ؛‬
‫ﺃﻱ ﺍﻟﺘﺰﺍﻡ ﺑﺎﻟﺘﻌﻮﻳﺾ ﺍﻟﻤﻘﺎﺑﻞ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺎﻟﻀﻤﺎﻧﺎﺕ ﺃﻭ ﺍﻟﺴﻨﺪﺍﺕ‬ (‫)ﻁ‬
،(‫ﺃﻭ ﺧﻄﺎﺑﺎﺕ ﺍﻟﻀﻤﺎﻥ ﺍﻻﺑﺘﺪﺍﺋﻴﺔ‬/‫)ﺑﻤﺎ ﻓﻴﻬﺎ ﺧﻄﺎﺑﺎﺕ ﺍﻟﻀﻤﺎﻥ ﺍﻟﻨﻬﺎﺋﻴﺔ ﻭ‬
‫ﻭﺧﻄﺎﺑﺎﺕ ﺍﻻﻋﺘﻤﺎﺩ ﺍﻟﻤﺴﺘﻨﺪﻳﺔ ﺃﻭ ﺍﻻﺣﺘﻴﺎﻃﻴﺔ ﺃﻭ ﺃﻱ ﻣﻦ ﺍﻷﺩﻭﺍﺕ ﺍﻟﻤﺎﻟﻴﺔ‬
‫ﺍﻷﺧﺮﻯ ﺍﻟﺘﻲ ﻳﺼﺪﺭﻫﺎ ﺃﺣﺪ ﺍﻟﺒﻨﻮﻙ ﺃﻭ ﺇﺣﺪﻯ ﺍﻟﻤﺆﺳﺴﺎﺕ ﺍﻟﻤﺎﻟﻴﺔ ﻓﻴﻤﺎ‬
‫ﺍﻟﺨﺎﺻﺔ ﺑﺈﺣﺪﻯ ﺍﻟﻜﻴﺎﻧﺎﺕ ﺍﻟﺘﻲ ﻻ‬ ‫ﺍﻻﻟﺘﺰﺍﻣﺎﺕ ﺫﺍﺕ ﺍﻷﻭﻟﻮﻳﺔ‬ ‫ﻳﺨﺺ ﺃﻱ ﻣﻦ‬

BBG/OCFL/V01/ADCB 06102013 Page 27 of 35

 liability would fall within one of the other paragraphs of this
definition;
(j) any amount raised by the issue of shares which are redeemable
(other than at the option of the issuer) and/or are classified as
borrowings under GAAP;
(k) any amount of any liability under an advance or deferred purchase
agreement if:
(i) one of the primary reasons behind the entry into the
agreement is to raise finance or to finance the acquisition or
construction of the asset or service in question; or
(ii) the agreement is in respect of the supply of assets or
services and payment is due more than 30 days after the
date of supply.
(l) any amount raised under any other transaction (including any
forward sale or purchase agreement, sale and sale back or sale
and leaseback agreement) having the commercial effect of a
borrowing or otherwise classified as borrowings under GAAP;
(m) any amount of capitalised interest; and
(n) ( double
w counting)
i the
t amounth of any liability
o in u
respect oft
any guarantee or indemnity for any of the items referred to in
paragraphs (a) to (I) above.
Business Acquisition means the acquisition of a company or any
shares or securities or a business or undertaking (or, in each case, any
interest in any of them) or the incorporation of a company.
Capital Expenditure means any expenditure or obligation in respect of
expenditure which, in accordance with GAAP, is treated as capital
expenditure (and including the capital element of any expenditure or
obligation incurred in connection with a Finance Lease).
Cash means, at any time, cash in hand or at a bank and (in the latter
case) credited to an account in the name of a member of the Covenant
Group with the Bank and to which that member of the Covenant Group is
alone (or together with other members of the Covenant Group)
beneficially entitled and for so long as:
(a) that cash is repayable on demand;
(b) repayment of that cash is not contingent on discharge
the prior
of
any other indebtedness of any member of the Covenant Group or
of any other person whatsoever or on the satisfaction of any other
condition;
(c) there is no Encumbrance over that cash except for Security or any
Permitted Encumbrance constituted by a netting or set-off
arrangement entered into by members of the Covenant Group in
the ordinary course of their banking arrangements; and
(d) the cash is freely and immediately available to be applied in
repayment or prepayment of the Facilities.
Cashflow means, in respect of any Relevant Period, EBITDA / EBITDAL
for that Relevant Period after:
(a) adding the amount of any decrease (and deducting the amount of
any increase) in Working Capital for that Relevant Period;
(b) adding the amount of any cash receipts during that Relevant
Period in respect of any Tax rebates or credits and deducting the
amount actually paid or due and payable in respect of Taxes
during that Relevant Period by any member of the Covenant
Group;
(c) adding (to the extent not already taken into account in determining
EBITDA) the amount of any dividends or other profit distributions
received in cash by any member of the Covenant Group during
that Relevant Period from any entity which is itself not a member
of the Covenant Group and deducting (to the extent not already
deducted in determining EBITDA) the amount of any dividends
paid in cash during the Relevant Period to non-members of the
Covenant Group;
(d) adding the amount of any increase in provisions, other non-cash
debits and other non-cash charges (which are not Current Assets
or Current Liabilities) and deducting the amount of any non-cash
credits (which are not Current Assets or Current Liabilities) in each
case to the extent taken into account in establishing EBITDA; and
(e) deducting the amount of any Capital Expenditure actually made
(or due to be made) during that Relevant Period by any member of
the Covenant Group and the aggregate of any cash consideration
paid for, or the cash cost of, any Business Acquisitions and the
BBG/OCFL/V01/ADCB 06102013 Page 28 of 35
‫ﺗﻨﺘﻤﻲ ﺇﻟﻰ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﻭﺗﺪﺧﻞ ﻓﻲ ﺇﺣﺪﻯ ﺍﻟﻔﻘﺮﺍﺕ ﺍﻷﺧﺮﻯ ﺍﻟﻮﺍﺭﺩﺓ‬
‫ﻓﻲ ﻫﺬﺍ ﺍﻟﺘﻌﺮﻳﻒ ؛‬
‫ﺃﻱ ﻣﺒﺎﻟﻎ ﺗﻨﺸﺄ ﻋﻦ ﺇﺻﺪﺍﺭ ﺍﻷﺳﻬﻢ ﺍﻟﻘﺎﺑﻠﺔ ﻟﻼﺳﺘﺮﺩﺍﺩ )ﺑﺨﻼﻑ ﺍﻟﺘﻲ‬ (‫)ﻱ‬
‫ﺃﻭ ﻣﺼﻨﻔﺔ ﺗﺤﺖ ﺑﻨﺪ ﺍﻟﻘﺮﻭﺽ‬/‫ﺗﻜﻮﻥ ﺣﺴﺐ ﺍﺧﺘﻴﺎﺭ ﺍﻟﺠﻬﺔ ﺍﻟﻤﺼﺪﺭﺓ( ﻭ‬
‫ﻭﻓﻘﺎ ﻟﻠﻤﺒﺎﺩﺉ ﺍﻟﻤﺤﺎﺳﺒﻴﺔ ﺍﻟﻤﻘﺒﻮﻟﺔ ؛‬
‫ﺃﻱ ﻣﺒﻠﻎ ﻣﺘﻌﻠﻖ ﺑﺄﻱ ﻣﻦ ﺍﻻﻟﺘﺰﺍﻣﺎﺕ ﺍﻟﻨﺎﺷﺌﺔ ﻋﻦ ﺍﻟﺤﺼﻮﻝ ﻋﻠﻰ ﺳﻠﻔﺔ ﺃﻭ‬ (‫)ﻙ‬
: ‫ﺇﺑﺮﺍﻡ ﺍﺗﻔﺎﻗﻴﺔ ﺷﺮﺍﺀ ﻣﺆﺟﻠﺔ ﺍﺫﺍ ﻛﺎﻥ‬
‫ﺃﺣﺪ ﺍﻷﺳﺒﺎﺏ ﺍﻟﺮﺋﻴﺴﻴﺔ ﻹﺑﺮﺍﻡ ﺍﻻﺗﻔﺎﻗﻴﺔ ﻫﻮ ﺯﻳﺎﺩﺓ ﺍﻟﺘﻤﻮﻳﻞ ﺃﻭ‬ (1)
‫ﺗﻤﻮﻳﻞ ﺇﻧﺸﺎﺀ ﺃﻭ ﺍﻻﺳﺘﺤﻮﺍﺫ ﻋﻠﻰ ﺍﻷﺻﻮﻝ ﺃﻭ ﺍﻟﺨﺪﻣﺎﺕ ﻣﺤﻞ ﺍﻟﻌﻘﺪ ؛ ﺃﻭ‬
‫ ﻋﻠﻰ ﺃﻥ‬،‫ﻳﺘﻤﺜﻞ ﻏﺮﺽ ﺍﻻﺗﻔﺎﻗﻴﺔ ﻓﻲ ﺗﻮﺭﻳﺪ ﺍﻷﺻﻮﻝ ﺃﻭ ﺍﻟﺨﺪﻣﺎﺕ‬ (2)
.‫ ﻳﻮﻣﺎ ﻣﻦ ﺗﺎﺭﻳﺦ ﺍﻟﺘﻮﺭﻳﺪ‬30 ‫ﻳﺴﺘﺤﻖ ﺍﻟﺴﺪﺍﺩ ﺑﻌﺪ‬
‫ﺃﻱ ﺃﻣﻮﺍﻝ ﺗﻨﺸﺄ ﻋﻦ ﺃﻱ ﻣﻌﺎﻣﻠﺔ ﺃﺧﺮﻯ )ﺑﻤﺎ ﻓﻴﻬﺎ ﺍﺗﻔﺎﻗﻴﺎﺕ ﺍﻟﺸﺮﺍﺀ ﺃﻭ‬ (‫)ﻝ‬
‫ ﺃﻭ‬،‫ ﺃﻭ ﺍﺗﻔﺎﻗﻴﺎﺕ ﺍﻟﺒﻴﻊ ﻭﺍﻟﻮﻋﺪ ﺑﺈﻋﺎﺩﺓ ﺍﻟﺒﻴﻊ ﻟﻠﺒﺎﺋﻊ‬،‫ﺍﻟﺒﻴﻊ ﺍﻵﺟﻠﺔ‬
‫ﺍﺗﻔﺎﻗﻴﺎﺕ ﺍﻟﺒﻴﻊ ﻭﺍﻟﻮﻋﺪ ﺑﺎﻟﺘﺄﺟﻴﺮ ﻟﻠﺒﺎﺋﻊ( ﻭﻳﻜﻮﻥ ﻟﻬﺎ ﺍﻷﺛﺮ‬
‫ﺍﻟﺘﺠﺎﺭﻱ ﻛﺎﻟﻘﺮﻭﺽ ﺃﻭ ﻳﺘﻢ ﺗﺼﻨﻴﻔﻬﺎ ﺗﺤﺖ ﺑﻨﺪ ﺍﻟﻘﺮﻭﺽ ﻭﻓﻘﺎ‬
‫ﻟﻠﻤﺒﺎﺩﺉ ﺍﻟﻤﺤﺎﺳﺒﻴﺔ ﺍﻟﻤﻘﺒﻮﻟﺔ ﺑﺸﻜﻞ ﻋﺎﻡ ؛‬
‫ﺃﻱ ﻣﺒﺎﻟﻎ ﻣﺘﻌﻠﻘﺔ ﺑﺎﻟﻔﻮﺍﺋﺪ ﺍﻟﻤﺮﺳﻤﻠﺔ ؛‬ (‫)ﻡ‬
‫ﻗﻴﻤﺔ ﺃﻱ ﺍﻟﺘﺰﺍﻡ ﻣﺘﻌﻠﻖ ﺑﺄﻱ ﺿﻤﺎﻥ ﺃﻭ ﺗﻌﻮﻳﺾ ﻋﻦ ﺃﻱ ﻣﻦ ﺍﻟﺒﻨﻮﺩ ﺍﻟﻤﺸﺎﺭ‬ (‫)ﻥ‬
‫ﺇﻟﻴﻬﺎ ﻓﻲ ﺍﻟﻔﻘﺮﺍﺕ ﻣﻦ )ﺃ( ﺇﻟﻰ )ﻝ( ﺃﻋﻼﻩ )ﻣﻊ ﻣﺮﺍﻋﺎﺓ ﺗﺠﻨﺐ ﺍﻟﺤﺴﺎﺏ‬
.(‫ﺍﻟﻤﺰﺩﻭﺝ‬
‫ﺍﻻﺳﺘﺤﻮﺍﺫ ﻋﻠﻰ ﺍﻷﻋﻤﺎﻝ ﻳﻌﻨﻲ ﺍﻻﺳﺘﺤﻮﺍﺫ ﻋﻠﻰ ﺃﻱ ﺷﺮﻛﺔ ﺃﻭ ﺃﺳﻬﻢ ﺃﻭ ﺃﻭﺭﺍﻕ ﻣﺎﻟﻴﺔ ﺃﻭ‬
.‫ ﺃﻭ ﺗﺄﺳﻴﺲ ﺷﺮﻛﺔ ﺟﺪﻳﺪﺓ‬،(‫ﺃﻋﻤﺎﻝ ﺗﺠﺎﺭﻳﺔ ﺃﻭ ﻣﺸﺮﻭﻋﺎﺕ )ﺃﻭ ﺃﻱ ﺣﺼﺺ ﻓﻴﻤﺎ ﺳﺒﻖ‬
‫ ﻭﻓﻘﺎ‬،‫ﺍﻟﻨﻔﻘﺎﺕ ﺍﻟﺮﺃﺳﻤﺎﻟﻴﺔ ﺗﻌﻨﻲ ﺃﻱ ﻧﻔﻘﺎﺕ ﺃﻭ ﻣﻮﺟﺒﺎﺕ ﻳﺘﻢ ﺍﻟﺘﻌﺎﻣﻞ ﻣﻌﻬﺎ‬
‫ ﺑﺎﻋﺘﺒﺎﺭﻫﺎ ﻧﻔﻘﺎﺕ ﺭﺃﺳﻤﺎﻟﻴﺔ )ﻭﺗﺘﻀﻤﻦ‬، ‫ﻟﻠﻤﺒﺎﺩﺉ ﺍﻟﻤﺤﺎﺳﺒﻴﺔ ﺍﻟﻤﻘﺒﻮﻟﺔ‬
‫ﺍﻟﻌﻨﺼﺮ ﺍﻟﺮﺃﺳﻤﺎﻟﻲ ﻷﻱ ﻧﻔﻘﺎﺕ ﺃﻭ ﻣﻮﺟﺒﺎﺕ ﻳﺘﻢ ﺗﺤﻤﻠﻬﺎ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﺣﺪ‬
.(‫ﻋﻘﻮﺩ ﺍﻹﻳﺠﺎﺭ ﺍﻟﺘﻤﻮﻳﻠﻲ‬
‫ ﺍﻷﻣﻮﺍﻝ ﺍﻟﻨﻘﺪﻳﺔ ﺍﻟﻤﻘﺒﻮﺿﺔ ﺑﺎﻟﻴﺪ ﺃﻭ‬،‫ ﻓﻲ ﺃﻱ ﻭﻗﺖ ﻣﻦ ﺍﻷﻭﻗﺎﺕ‬،‫ﺍﻟﻨﻘﺪ ﻳﻌﻨﻲ‬
‫ﺍﻟﻤﻮﺩﻋﺔ ﻟﺪﻯ ﺇﺣﺪﻯ ﺍﻟﺒﻨﻮﻙ ﻭﻣﻀﺎﻓﺔ )ﻓﻲ ﺍﻟﺤﺎﻟﺔ ﺍﻷﺧﻴﺮﺓ( ﺇﻟﻰ ﺣﺴﺎﺏ ﺑﺎﺳﻢ ﻋﻀﻮ‬
‫ ﺣﻴﺚ ﻳﻜﻮﻥ ﺫﻟﻚ ﺍﻟﻌﻀﻮ ﻓﻲ ﺍﻟﻤﺠﻤﻮﻋﺔ‬،‫ﻓﻲ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﻟﺪﻯ ﻫﺬﺍ ﺍﻟﺒﻨﻚ‬
‫ﺍﻟﻤﺘﻌﻬﺪﺓ ﻫﻮ ﻭﺣﺪﻩ )ﺃﻭ ﻣﻊ ﻏﻴﺮﻩ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ( ﺍﻟﻤﺴﺘﻔﻴﺪ ﺍﻟﻔﻌﻠﻲ‬
: ‫ﻃﺎﻟﻤﺎ ﺃﻥ‬
‫ﻫﺬﺍ ﺍﻟﻨﻘﺪ ﻣﺘﻮﺟﺐ ﻟﻠﺴﺪﺍﺩ ﻋﻨﺪ ﺍﻟﻄﻠﺐ ؛‬ (‫)ﺃ‬
‫ﺳﺪﺍﺩ ﻫﺬﺍ ﺍﻟﻨﻘﺪ ﻏﻴﺮ ﻣﺸﺮﻭﻁ ﺑﺈﺑﺮﺍﺀ ﺍﻟﺬﻣﺔ ﻣﻦ ﺃﻱ ﻣﺪﻳﻮﻧﻴﺎﺕ ﺃﺧﺮﻯ ﻷﻱ ﻣﻦ‬ (‫)ﺏ‬
‫ ﺃﻭ ﻣﺘﻮﻗﻒ ﻋﻠﻰ‬،‫ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﺃﻭ ﻷﻱ ﺷﺨﺺ ﺁﺧﺮ ﻣﻬﻤﺎ ﻛﺎﻥ‬
‫ﺍﻹﻳﻔﺎﺀ ﺑﺄﻱ ﺷﺮﻁ ﺁﺧﺮ ؛‬
‫ﺧﻠﻮ ﻫﺬﺍ ﺍﻟﻨﻘﺪ ﻣﻦ ﺍﻷﻋﺒﺎﺀ ﺑﺎﺳﺘﺜﻨﺎﺀ ﺍﻟﻀﻤﺎﻧﺎﺕ ﺃﻭ ﺍﻷﻋﺒﺎﺀ ﺍﻟﻤﺴﻤﻮﺡ ﺑﻬﺎ‬ (‫)ﺝ‬
‫ﻭﺍﻟﻨﺎﺗﺠﺔ ﻋﻦ ﺍﺗﻔﺎﻗﻴﺎﺕ ﺍﻟﻤﻘﺎﺻﺔ ﺃﻭ ﺍﻟﺘﺼﻔﻴﺔ ﺍﻟﺘﻲ ﻳﺘﻢ ﺗﻮﻗﻴﻌﻬﺎ ﻣﻦ‬
‫ﻗﺒﻞ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﻓﻲ ﺇﻃﺎﺭ ﺍﻟﺴﻴﺎﻕ ﺍﻟﻄﺒﻴﻌﻲ‬
‫ﻟﺘﺮﺗﻴﺒﺎﺗﻬﻢ ﺍﻟﺒﻨﻜﻴﺔ ؛ ﻭ‬
‫ﻫﺬﺍ ﺍﻟﻨﻘﺪ ﻣﺘﺎﺡ ﻋﻠﻰ ﺍﻟﻔﻮﺭ ﻭﺩﻭﻥ ﺭﺳﻮﻡ ﻣﻘﺘﻄﻌﺔ ﻻﺳﺘﻌﻤﺎﻟﻪ ﻓﻲ ﺳﺪﺍﺩ‬ (‫)ﺩ‬
.‫ﺍﻟﺘﺴﻬﻴﻼﺕ ﺃﻭ ﺍﻟﺴﺪﺍﺩ ﺍﻟﻤﺴﺒﻖ ﻟﻬﺎ‬
‫ ﺍﻷﺭﺑﺎﺡ ﻗﺒﻞ ﺧﺼﻢ‬، ‫ ﻓﻴﻤﺎ ﻳﺘﻌﺎﻕ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ ﺻﻠﺔ‬،‫ﺍﻟﺘﺪﻓﻖ ﺍﻟﻨﻘﺪﻱ ﻳﻌﻨﻲ‬
‫ ﺍﻷﺭﺑﺎﺡ ﻗﺒﻞ ﺧﺼﻢ ﺍﻟﻔﻮﺍﺋﺪ‬/ ‫ﺍﻟﻔﻮﺍﺋﺪ ﻭﺍﻟﻀﺮﺍﺋﺐ ﻭﺍﻹﻫﻼﻙ ﻭﺍﻻﺳﺘﻬﻼﻙ‬
‫ﺍﻟﻤﺘﻌﻠﻘﺔ ﺑﺘﻠﻚ ﺍﻟﻔﺘﺮﺓ‬ ‫ﻭﺍﻟﻀﺮﺍﺋﺐ ﻭﺍﻹﻫﻼﻙ ﻭﺍﻻﺳﺘﻬﻼﻙ ﻭﺍﻹﻳﺠﺎﺭ ﺍﻟﺘﺸﻐﻴﻠﻲ‬
:‫ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﺑﻌﺪ‬
‫ﺇﺿﺎﻓﺔ ﻗﻴﻤﺔ ﺃﻱ ﺍﻧﺨﻔﺎﺽ )ﻭﺧﺼﻢ ﻗﻴﻤﺔ ﺃﻱ ﺯﻳﺎﺩﺓ( ﻓﻲ ﺭﺃﺱ ﺍﻟﻤﺎﻝ ﺍﻟﻌﺎﻣﻞ‬ (‫)ﺃ‬
‫ﻋﻦ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ؛‬
‫ﺇﺿﺎﻓﺔ ﻗﻴﻤﺔ ﺃﻱ ﺇﻳﺼﺎﻻﺕ ﻧﻘﺪﻳﺔ ﺃﺛﻨﺎﺀ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﻓﻴﻤﺎ‬ (‫)ﺏ‬
‫ ﻭﺧﺼﻢ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﺪﻓﻮﻋﺔ‬،‫ﻳﺨﺺ ﺍﻻﺳﺘﻘﻄﺎﻋﺎﺕ ﻭﺍﻻﻋﺘﻤﺎﺩﺍﺕ ﺍﻟﻀﺮﻳﺒﻴﺔ‬
‫ﺑﺎﻟﻔﻌﻞ ﺃﻭ ﻣﺴﺘﺤﻘﺔ ﺍﻟﺴﺪﺍﺩ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺎﻟﻀﺮﺍﺋﺐ ﺃﺛﻨﺎﺀ ﺗﻠﻚ‬
‫ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﺑﻮﺍﺳﻄﺔ ﺃﻱ ﻋﻀﻮ ﻓﻲ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ؛‬
‫ﺇﺿﺎﻓﺔ ﻗﻴﻤﺔ ﺣﺼﺺ ﺍﻷﺭﺑﺎﺡ )ﻃﺎﻟﻤﺎ ﺃﻧﻬﺎ ﻟﻢ ﺗﺤﺘﺴﺐ ﻋﻨﺪ ﺗﺤﺪﻳﺪ ﻗﻴﻤﺔ‬ (‫)ﺝ‬
‫ﺍﻷﺭﺑﺎﺡ ﻗﺒﻞ ﺧﺼﻢ ﺍﻟﻔﻮﺍﺋﺪ ﻭﺍﻟﻀﺮﺍﺋﺐ ﻭﺍﻹﻫﻼﻙ ﻭﺍﻻﺳﺘﻬﻼﻙ( ﻭﻏﻴﺮﻫﺎ‬
‫ﻣﻦ ﺗﻮﺯﻳﻌﺎﺕ ﺍﻷﺭﺑﺎﺡ ﺍﻟﺘﻲ ﻳﺘﻢ ﺗﺴﻠﻤﻬﺎ ﻧﻘﺪﺍ ﺑﻮﺍﺳﻄﺔ ﺃﻱ ﻣﻦ ﺃﻋﻀﺎﺀ‬
‫ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﺃﺛﻨﺎﺀ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﻣﻦ ﺃﻱ ﻛﻴﺎﻥ ﻻ ﻳﻨﺘﻤﻲ‬
‫ ﻭﺧﺼﻢ ﻗﻴﻤﺔ ﺃﻱ ﺣﺼﺺ ﺃﺭﺑﺎﺡ )ﻃﺎﻟﻤﺎ ﺃﻧﻬﺎ ﻟﻢ ﺗﺨﺼﻢ‬،‫ﻟﻠﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬
‫ﺗﺤﺪﻳﺪ ﻗﻴﻤﺔ ﺍﻷﺭﺑﺎﺡ ﻗﺒﻞ ﺧﺼﻢ ﺍﻟﻔﻮﺍﺋﺪ ﻭﺍﻟﻀﺮﺍﺋﺐ‬ ‫ﺑﺎﻟﻔﻌﻞ ﻋﻨﺪ‬
‫( ﻭﺍﻟﺘﻲ ﺗﻢ ﺩﻓﻌﻬﺎ ﻧﻘﺪﺍ ﺃﺛﻨﺎﺀ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ‬ ‫ﻭﺍﻹﻫﻼﻙ ﻭﺍﻻﺳﺘﻬﻼﻙ‬
‫ﻷﻱ ﻣﻦ ﺍﻟﻜﻴﺎﻧﺎﺕ ﺍﻟﺘﻲ ﻻ ﺗﻨﺘﻤﻲ ﻟﻠﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ؛‬
‫ﺇﺿﺎﻓﺔ ﻗﻴﻤﺔ ﺃﻱ ﺯﻳﺎﺩﺓ ﻓﻲ ﺍﻟﻤﺨﺼﺼﺎﺕ ﻭﺍﻟﺪﻳﻮﻥ ﻏﻴﺮ ﺍﻟﻨﻘﺪﻳﺔ‬ (‫)ﺩ‬
‫ﻭﺍﻟﻤﺼﺮﻭﻓﺎﺕ ﻏﻴﺮ ﺍﻟﻨﻘﺪﻳﺔ ﺍﻷﺧﺮﻯ )ﻭﺍﻟﺘﻲ ﻻ ﺗﺼﻨﻒ ﻋﻠﻰ ﺃﻧﻬﺎ‬
‫ ﻭﺧﺼﻢ ﻗﻴﻤﺔ ﺃﻱ ﺍﻋﺘﻤﺎﺩﺍﺕ ﻏﻴﺮ‬،(‫ﻣﻮﺟﻮﺩﺍﺕ ﻣﺘﺪﺍﻭﻟﺔ ﺃﻭ ﻣﻄﻠﻮﺑﺎﺕ ﻣﺘﺪﺍﻭﻟﺔ‬
‫ﻧﻘﺪﻳﺔ )ﻭﺍﻟﺘﻲ ﻻ ﺗﺼﻨﻒ ﻋﻠﻰ ﺃﻧﻬﺎ ﻣﻮﺟﻮﺩﺍﺕ ﻣﺘﺪﺍﻭﻟﺔ ﺃﻭ ﻣﻄﻠﻮﺑﺎﺕ‬
‫ﻣﺘﺪﺍﻭﻟﺔ( ﻓﻲ ﻛﻞ ﺣﺎﻟﺔ ﻣﻊ ﺍﻷﺧﺬ ﻓﻲ ﺍﻻﻋﺘﺒﺎﺭ ﺗﺤﺪﻳﺪ ﻗﻴﻤﺔ ﺍﻷﺭﺑﺎﺡ ﻗﺒﻞ‬
‫ﺧﺼﻢ ﺍﻟﻔﻮﺍﺋﺪ ﻭﺍﻟﻀﺮﺍﺋﺐ ﻭﺍﻹﻫﻼﻙ ﻭﺍﻻﺳﺘﻬﻼﻙ ؛ ﻭ‬
(‫ﺧﺼﻢ ﻗﻴﻤﺔ ﺃﻱ ﻧﻔﻘﺎﺕ ﺭﺃﺳﻤﺎﻟﻴﺔ ﺗﻢ ﺳﺪﺍﺩﻫﺎ ﺑﺎﻟﻔﻌﻞ )ﺃﻭ ﻣﺴﺘﺤﻘﺔ ﺍﻟﺴﺪﺍﺩ‬ (‫)ﻩ‬
،‫ﺃﺛﻨﺎﺀ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﺑﻮﺍﺳﻄﺔ ﺃﻱ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬
‫ﻭﺇﺟﻤﺎﻟﻲ ﺃﻱ ﻣﻘﺎﺑﻞ ﻧﻘﺪﻱ ﺗﻢ ﺩﻓﻌﻪ ﻣﻘﺎﺑﻞ ﺍﻻﺳﺘﺤﻮﺍﺫ ﻋﻠﻰ ﺍﻷﻋﻤﺎﻝ ﺃﻭ‬
‫ ﺑﺎﻹﺿﺎﻓﺔ ﺇﻟﻰ ﺍﻟﻘﻴﻤﺔ ﺍﻟﻨﻘﺪﻳﺔ ﻷﻱ ﻣﺸﺮﻭﻋﺎﺕ‬،‫ﺇﻧﻔﺎﻗﻪ ﻟﻨﻔﺲ ﺍﻟﻐﺮﺽ‬
 amount of any Joint Venture Investments in cash except (in each
case) to the extent such Capital Expenditure is funded from :
(i) the proceeds of Disposals or insurance claims permitted to
be retained for this purpose;
(ii) any Capital Expenditure funded from Borrowings; or
(iii) New Shareholder Injections,
and, in each case, so that no amount shall be added (or deducted) more
than once.
Cashflow Cover Ratio means, in respect of any Relevant Period, the
ratio of Cashflow for that Relevant Period to Debt Service for that
Relevant Period.
Current Assets means, at any time, the aggregate (on a consolidated
basis) of all inventory, work in progress, trade and other receivables of
each member of the Covenant Group including prepayments in relation to
operating items and sundry debtors (but excluding Cash and Cash
Equivalent Investments) expected to be realised within twelve months
from the date of computation but excluding amounts in respect of:
(a) receivables in relation to Tax;
(b) Exceptional Items and other non-operating items;
(c) insurance claims;
(d) impaired receivables; and
(e) any interest or other amounts owing to any member of the
Covenant Group.
Current Liabilities means, at any time, the aggregate (on a
consolidated basis) of all liabilities (including trade creditors, accruals
and provisions) of each member of the Covenant Group expected to be
settled within twelve months from the date of computation but excluding
amounts in respect of:
(a) liabilities for Borrowings and Finance Charges;
(b) liabilities for Tax;
(c) Exceptional Items and other non-operating items;
(d) insurance claims;
(e) liabilities in relation to dividends declared but not paid by by a
member of the Covenant Group in favour of a person which is not
a member of the Covenant Group; and
(f) any amounts owed by any member of the Covenant Group.
Current Ratio means, in respect of any Relevant Period, the ratio of
Current Assets on the last day of that Relevant Period to Current
Liabilities on the last day of that Relevant Period.
Debt Service means, in respect of any Relevant Period, the aggregate
of:
(a) Finance Charges for that Relevant Period;
(b) the aggregate of all scheduled and mandatory repayments of
Borrowings falling due and any voluntary prepayments made
during that Relevant Period but excluding:
(i) any amounts falling due under any overdraft, revolving
facility or similar short term facility and which were
available for simultaneous redrawing according to the
terms of that facility;
(ii) any such obligations owed to any member of the Covenant
Group; and
(iii) any prepayment of Borrowings existing on the date of this
Agreement which are required to be repaid under the
terms of this Agreement.
(c) the amount of any cash or mandatory dividends or distributions
paid or made by any member of the Covenant Group to a Non-
Group Entity in respect of that Relevant Period;
(d) the capital
amount element of any payments
of in respectthe
that Relevant Period payable under any Finance Lease [or
Operating Lease] entered into by any member of the Covenant
Group;
(e) any payment of fees or charges due in connection with any
Borrowings;
(f) any amount of capitalised interest; and
(g) any unrealised losses on any derivative instrument,
and, in each case, so that no amount shall be included more than once.
EBIT means, in respect of any Relevant Period, the consolidated
operating profit of the Covenant Group before taxation (excluding the
results from discontinued operations):
(a) before deducting any interest, commission, fees, discounts,
prepayment fees, premiums or charges and other finance
payments whether paid, payable or capitalised by any member of
the Covenant Group (calculated on a consolidated basis) in
respect of that Relevant Period;
(b) not including any accrued interest owing to any member of the
Covenant Group;
BBG/OCFL/V01/ADCB 06102013
‫ﻣﺸﺘﺮﻛﺔ ﻓﻴﻤﺎ ﻋﺪﺍ )ﻓﻲ ﻛﻞ ﺣﺎﻟﺔ( ﺗﻠﻚ ﺍﻟﺘﻲ ﺗﻢ ﺗﻤﻮﻳﻞ ﻫﺬﻩ ﺍﻟﻨﻔﻘﺎﺕ‬
: ‫ﺍﻟﺮﺃﺳﻤﺎﻟﻴﺔ ﻣﻨﻬﺎ‬
‫ ﺃﻭ ﺍﻟﻤﻄﺎﻟﺒﺎﺕ ﺍﻟﺘﺄﻣﻴﻨﻴﺔ‬،‫ﺍﻷﺭﺑﺎﺡ ﺍﻟﻨﺎﺷﺌﺔ ﻋﻦ ﺍﻟﺘﺼﺮﻑ‬ (1)
‫ﺍﻟﻤﺴﻤﻮﺡ ﺑﺤﺠﺰﻫﺎ ﻟﻬﺬﺍ ﺍﻟﻐﺮﺽ ؛‬
‫ﺃﻱ ﻧﻔﻘﺎﺕ ﺭﺃﺳﻤﺎﻟﻴﺔ ﺗﻤﻮﻝ ﻣﻦ ﺍﻟﻘﺮﻭﺽ ؛ ﺃﻭ‬ (2)
‫ﺍﻷﻣﻮﺍﻝ ﺍﻟﺘﻲ ﻳﻀﺨﻬﺎ ﺍﻟﻤﺴﺎﻫﻤﻮﻥ ﺍﻟﺠﺪﺩ ؛‬ (3)
.‫ﻣﻊ ﻣﺮﺍﻋﺎﺓ ﺃﻻ ﻳﺘﻢ ﺇﺿﺎﻓﺔ )ﺃﻭ ﺧﺼﻢ( ﺃﻱ ﻣﺒﻠﻎ ﺃﻛﺜﺮ ﻣﻦ ﻣﺮﺓ ﻓﻲ ﻛﻞ ﺣﺎﻟﺔ‬
،‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ ﺻﻠﺔ‬،‫ﻧﺴﺒﺔ ﺗﻐﻄﻴﺔ ﺍﻟﺘﺪﻓﻖ ﺍﻟﻨﻘﺪﻱ ﺗﻌﻨﻲ‬
‫ﻧﺴﺒﺔ ﺍﻟﺘﺪﻓﻖ ﺍﻟﻨﻘﺪﻱ ﻋﻦ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﻣﻘﺎﺭﻧﺔ ﺑﺨﺪﻣﺔ ﺍﻟﺪﻳﻦ ﺧﻼﻝ‬
.‫ﻧﻔﺲ ﺍﻟﻔﺘﺮﺓ‬
‫ ﻭﺍﻷﻋﻤﺎﻝ‬،‫ ﺇﺟﻤﺎﻟﻲ ﺍﻟﻤﺨﺰﻭﻥ‬،‫ ﻓﻲ ﺃﻱ ﻭﻗﺖ ﻣﻦ ﺍﻷﻭﻗﺎﺕ‬،‫ﺍﻟﻤﻮﺟﻮﺩﺍﺕ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ ﺗﻌﻨﻲ‬
‫ ﻭﺍﻟﺬﻣﻢ ﺍﻟﺪﺍﺋﻨﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ ﻭﺍﻟﺬﻣﻢ ﺍﻷﺧﺮﻯ ﻟﻜﻞ ﻋﻀﻮ ﻣﻦ ﺃﻋﻀﺎﺀ‬،‫ﻗﻴﺪ ﺍﻟﺘﻨﻔﻴﺬ‬
‫ ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﺴﺪﺩﺓ ﻣﺴﺒﻘﺎ ﻓﻴﻤﺎ‬،(‫ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ )ﻋﻠﻰ ﺃﺳﺎﺱ ﻣﻮﺣﺪ‬
‫ﻳﺘﻌﻠﻖ ﺑﺎﻟﺒﻨﻮﺩ ﺍﻟﺘﺸﻐﻴﻠﻴﺔ ﻭﺍﻟﻤﺪﻳﻨﻴﻦ ﺍﻟﻤﻨﻮﻋﻴﻦ )ﻣﻊ ﺍﺳﺘﺒﻌﺎﺩ ﺍﺳﺘﺜﻤﺎﺭﺍﺕ‬
‫ﺍﻟﻨﻘﺪ ﻭﻣﺎ ﻳﻌﺎﺩﻝ ﺍﻟﻨﻘﺪ( ﺍﻟﺘﻲ ﻳﺘﻮﻗﻊ ﺗﺤﻘﻴﻘﻬﺎ ﻓﻲ ﻏﻀﻮﻥ ﺍﺛﻨﻲ ﻋﺸﺮ ﺷﻬﺮﺍ ﻣﻦ‬
:‫ﻭﻣﻊ ﻣﺮﺍﻋﺎﺓ ﺍﺳﺘﺒﻌﺎﺩ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﺘﻌﻠﻘﺔ ﺑﻤﺎ ﻳﻠﻲ‬ ،‫ﺗﺎﺭﻳﺦ ﺍﺣﺘﺴﺎﺑﻬﺎ‬
‫ ؛‬،‫ﺍﻟﺬﻣﻢ ﺍﻟﺪﺍﺋﻨﺔ ﺍﻟﻤﺘﻌﻠﻘﺔ ﺑﺎﻟﻀﺮﺍﺋﺐ‬ (1)
‫ﺍﻟﺒﻨﻮﺩ ﺍﻻﺳﺘﺜﻨﺎﺋﻴﺔ ﻭﺍﻟﺒﻨﻮﺩ ﻏﻴﺮ ﺍﻟﺘﺸﻐﻴﻠﻴﺔ ﺍﻷﺧﺮﻯ ؛‬ (2)
‫ﺍﻟﻤﻄﺎﻟﺒﺎﺕ ﺍﻟﺘﺄﻣﻴﻨﻴﺔ ؛‬ (‫)ﺝ‬
‫ﺍﻟﺬﻣﻢ ﺍﻟﺪﺍﺋﻨﺔ ﺍﻟﻀﻌﻴﻔﺔ ؛ ﻭ‬ (‫)ﺩ‬
.‫ﺃﻱ ﻓﺎﺋﺪﺓ ﺃﻭ ﻣﺒﺎﻟﻎ ﺃﺧﺮﻯ ﺗﺴﺘﺤﻖ ﻷﻱ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬ (‫)ﻫـ‬
‫ ﺇﺟﻤﺎﻟﻲ ﺟﻤﻴﻊ ﺍﻟﻤﻄﻠﻮﺑﺎﺕ‬،‫ ﻓﻲ ﺃﻱ ﻭﻗﺖ ﻣﻦ ﺍﻷﻭﻗﺎﺕ‬،‫ﺍﻟﻤﻄﻠﻮﺑﺎﺕ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ ﺗﻌﻨﻲ‬
‫)ﺑﻤﺎ ﻓﻴﻬﺎ ﺍﻟﺪﺍﺋﻨﻮﻥ ﺍﻟﺘﺠﺎﺭﻳﻮﻥ ﻭﺍﻟﻤﺴﺘﺤﻘﺎﺕ ﻭﺍﻟﻤﺨﺼﺼﺎﺕ( ﻟﻜﻞ ﻋﻀﻮ ﻣﻦ‬
‫ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ )ﻋﻠﻰ ﺃﺳﺎﺱ ﻣﻮﺣﺪ( ﺍﻟﺘﻲ ﻳﺘﻮﻗﻊ ﺳﺪﺍﺩﻫﺎ ﻓﻲ ﻏﻀﻮﻥ‬
‫ ﻣﻊ ﻣﺮﺍﻋﺎﺓ ﺍﺳﺘﺒﻌﺎﺩ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﺘﻌﻠﻘﺔ ﺑﻤﺎ‬،‫ﺍﺛﻨﻲ ﻋﺸﺮ ﺷﻬﺮﺍ ﻣﻦ ﺗﺎﺭﻳﺦ ﺇﺣﺘﺴﺎﺑﻬﺎ‬
:‫ﻳﻠﻲ‬
‫ﺍﻟﻤﻄﻠﻮﺑﺎﺕ ﺍﻟﻤﺘﻌﻠﻘﺔ ﺑﺎﻟﻘﺮﻭﺽ ﻭﺍﻟﻤﺼﺮﻭﻓﺎﺕ ﺍﻟﺘﻤﻮﻳﻠﻴﺔ ؛‬ (‫)ﺃ‬
‫ﺍﻟﻤﻄﻠﻮﺑﺎﺕ ﺍﻟﻤﺘﻌﻠﻘﺔ ﺑﺎﻟﻀﺮﺍﺋﺐ ؛‬ (‫)ﺏ‬
‫ﺍﻟﺒﻨﻮﺩ ﺍﻻﺳﺘﺜﻨﺎﺋﻴﺔ ﻭﺍﻟﺒﻨﻮﺩ ﻏﻴﺮ ﺍﻟﺘﺸﻐﻴﻠﻴﺔ ﺍﻷﺧﺮﻯ ؛‬ (‫)ﺝ‬
‫ﺍﻟﻤﻄﺎﻟﺒﺎﺕ ﺍﻟﺘﺄﻣﻴﻨﻴﺔ ؛‬ (‫)ﺩ‬
‫ﺍﻟﻤﻄﻠﻮﺑﺎﺕ ﺍﻟﻤﺘﻌﻠﻘﺔ ﺑﺤﺼﺺ ﺍﻷﺭﺑﺎﺡ ﺍﻟﻤﻌﻠﻦ ﻋﻨﻬﺎ ﻭﻟﻢ ﻳﺘﻢ ﺳﺪﺍﺩﻫﺎ ﻣﻦ‬ (‫)ﻩ‬
‫ﻗﺒﻞ ﻋﻀﻮ ﻓﻲ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﻟﺼﺎﻟﺢ ﺃﻱ ﺷﺨﺺ ﺁﺧﺮ ﻻ ﻳﻨﺘﻤﻲ‬
‫ﻟﻠﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ؛ ﻭ‬
.‫ﺃﻱ ﻣﺒﺎﻟﻎ ﻣﺴﺘﺤﻘﺔ ﺍﻟﺪﻓﻊ ﺑﻮﺍﺳﻄﺔ ﺃﻱ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬ (‫)ﻭ‬
‫ ﻧﺴﺒﺔ ﺍﻟﻤﻮﺟﻮﺩﺍﺕ‬،‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ ﺻﻠﺔ‬،‫ﻧﺴﺒﺔ ﺍﻟﺘﺪﺍﻭﻝ ﺗﻌﻨﻲ‬
‫ﺍﻟﻤﺘﺪﺍﻭﻟﺔ ﻓﻲ ﺍﻟﻴﻮﻡ ﺍﻷﺧﻴﺮ ﻣﻦ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﺇﻟﻰ ﺍﻟﻤﻄﻠﻮﺑﺎﺕ‬
.‫ﺍﻟﻤﺘﺪﺍﻭﻟﺔ ﻓﻲ ﺍﻟﻴﻮﻡ ﺍﻷﺧﻴﺮ ﻣﻦ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ‬
:‫ ﺇﺟﻤﺎﻟﻲ ﻣﺎ ﻳﻠﻲ‬،‫ﺧﺪﻣﺔ ﺍﻟﺪﻳﻦ ﺗﻌﻨﻲ – ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ ﺻﻠﺔ‬
‫ﺍﻟﻤﺼﺮﻭﻓﺎﺕ ﺍﻟﺘﻤﻮﻳﻠﻴﺔ ﻋﻦ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ؛‬ (‫)ﺃ‬
‫ﺇﺟﻤﺎﻟﻲ ﻗﻴﻤﺔ ﻛﺎﻓﺔ ﺍﻟﺘﺴﺪﻳﺪﺍﺕ ﺍﻹﻟﺰﺍﻣﻴﺔ ﻭﺍﻟﻤﺠﺪﻭﻟﺔ ﻟﻠﻘﺮﻭﺽ ﺍﻟﻤﺴﺘﺤﻘﺔ‬ (‫)ﺏ‬
‫ﻭ ﻛﺎﻓﺔ ﺍﻟﺘﺴﺪﻳﺪﺍﺕ ﺍﻟﻄﻮﻋﻴﺔ ﺍﻟﻤﺴﺒﻘﺔ ﺍﻟﺘﻲ ﺗﻤﺖ ﺃﺛﻨﺎﺀ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ‬
:‫ ﻣﻊ ﻣﺮﺍﻋﺎﺓ ﺍﺳﺘﺒﻌﺎﺩ ﺍﻵﺗﻲ‬،‫ﺫﺍﺕ ﺍﻟﻌﻼﻗﺔ‬
‫ﺃﻱ ﻣﺒﺎﻟﻎ ﻣﺴﺘﺤﻘﺔ ﺑﻤﻮﺟﺐ ﺃﻱ ﺳﺤﻮﺑﺎﺕ ﻋﻠﻰ ﺍﻟﻤﻜﺸﻮﻑ ﺃﻭ‬ (1)
‫ ﻭﺍﻟﺘﻲ‬،‫ﺗﺴﻬﻴﻼﺕ ﺩﻭﺍﺭﺓ ﺃﻭ ﻏﻴﺮﻫﺎ ﻣﻦ ﺍﻟﺘﺴﻬﻴﻼﺕ ﻗﺼﻴﺮﺓ ﺍﻷﺟﻞ‬
‫ﻛﺎﻧﺖ ﻣﺘﻮﻓﺮﺓ ﻹﻋﺎﺩﺓ ﺍﻟﺴﺤﺐ ﻭﻓﻘﺎ ﻟﺸﺮﻭﻁ ﺗﻠﻚ ﺍﻟﺘﺴﻬﻴﻼﺕ ؛‬
‫ﺃﻱ ﻣﻮﺟﺒﺎﺕ ﻣﺴﺘﺤﻘﺔ ﻷﻱ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ؛ ﻭ‬ (2)
،‫ﺃﻱ ﺳﺪﺍﺩ ﻣﺴﺒﻖ ﻟﻘﺮﻭﺽ ﻗﺎﺋﻤﺔ ﺑﺘﺎﺭﻳﺦ ﺳﺮﻳﺎﻥ ﻫﺬﻩ ﺍﻻﺗﻔﺎﻗﻴﺔ‬ (3)
.‫ﻭﺍﻟﺘﻲ ﻳﺘﻌﻴﻦ ﺳﺪﺍﺩﻫﺎ ﺑﻤﻮﺟﺐ ﺷﺮﻭﻁ ﻫﺬﻩ ﺍﻻﺗﻔﺎﻗﻴﺔ‬
‫ﻗﻴﻤﺔ ﺃﻱ ﺣﺼﺺ ﺃﻭ ﺗﻮﺯﻳﻌﺎﺕ ﺃﺭﺑﺎﺡ ﻧﻘﺪﻳﺔ ﺃﻭ ﺇﻟﺰﺍﻣﻴﺔ ﺗﻢ ﺳﺪﺍﺩﻫﺎ ﺃﻭ‬ (‫)ﺝ‬
‫ﺗﻘﺪﻳﻤﻬﺎ ﺑﻮﺍﺳﻄﺔ ﺃﻱ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﺇﻟﻰ ﻛﻴﺎﻥ ﻻ ﻳﻨﺘﻤﻲ‬
‫ﻟﻠﻤﺠﻤﻮﻋﺔ ﻓﻴﻤﺎ ﻳﺨﺺ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ؛‬
of ‫ﻗﻴﻤﺔ ﺍﻟﻌﻨﺼﺮ ﺍﻟﺮﺃﺳﻤﺎﻟﻲ ﻓﻲ ﺃﻱ ﺩﻓﻌﺎﺕ ﺧﺎﺻﺔ ﺑﺘﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ‬ (‫)ﺩ‬
‫ﺍﻟﺼﻠﺔ ﻭﺍﻟﺘﻲ ﻳﺴﺘﺤﻖ ﺳﺪﺍﺩﻫﺎ ﺑﻤﻮﺟﺐ ﺃﻱ ﻋﻘﺪ ﺇﻳﺠﺎﺭ ﺗﻤﻮﻳﻠﻲ )ﺃﻭ ﺇﻳﺠﺎﺭ‬
‫ﺗﺸﻐﻴﻠﻲ( ﺗﻢ ﺗﻮﻗﻴﻌﻪ ﺑﻮﺍﺳﻄﺔ ﺃﻱ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ؛‬
‫ﺃﻱ ﻣﺪﻓﻮﻋﺎﺕ ﻟﻠﺮﺳﻮﻡ ﺃﻭ ﺍﻟﻤﺼﺮﻭﻓﺎﺕ ﺍﻟﻤﺴﺘﺤﻘﺔ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ‬ (‫)ﻩ‬
‫ﻗﺮﻭﺽ ؛‬
‫ﺃﻱ ﻗﻴﻤﺔ ﻟﻠﻔﺎﺋﺪﺓ ﺍﻟﻤﺮﺳﻤﻠﺔ ؛ ﻭ‬ (‫)ﻭ‬
‫ﺃﻱ ﺧﺴﺎﺋﺮ ﻏﻴﺮ ﻣﺤﻘﻘﺔ ﺑﺎﻟﻨﺴﺒﺔ ﻷﻱ ﺃﺩﺍﺓ ﻣﺸﺘﻘﺔ ؛‬ (‫)ﺯ‬
.‫ﻣﻊ ﻣﺮﺍﻋﺎﺓ ﺃﻻ ﻳﺘﻢ ﺗﻀﻤﻴﻦ ﺃﻱ ﻣﺒﻠﻎ ﺃﻛﺜﺮ ﻣﻦ ﻣﺮﺓ ﻓﻲ ﻛﻞ ﺣﺎﻟﺔ‬
، ‫ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ ﺻﻠﺔ‬ – ‫ﺍﻷﺭﺑﺎﺡ ﻗﺒﻞ ﺍﻟﻔﻮﺍﺋﺪ ﻭﺍﻟﻀﺮﺍﺋﺐ ﻳﻌﻨﻲ‬
‫ﺍﻟﺮﺑﺢ ﺍﻟﺘﺸﻐﻴﻠﻲ ﺍﻟﻤﻮﺣﺪ ﻟﻠﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﻗﺒﻞ ﺍﻟﻀﺮﺍﺋﺐ )ﺑﺎﺳﺘﺜﻨﺎﺀ ﻣﺎ‬
:(‫ﻳﻨﺸﺄ ﻋﻦ ﺍﻟﻌﻤﻠﻴﺎﺕ ﺍﻟﻤﺘﻮﻗﻔﺔ‬
‫ﻗﺒﻞ ﺧﺼﻢ ﺃﻱ ﻓﺎﺋﺪﺓ ﺃﻭ ﻋﻤﻮﻟﺔ ﺃﻭ ﺃﺗﻌﺎﺏ ﺃﻭ ﺧﺼﻮﻣﺎﺕ ﺃﻭ ﺭﺳﻮﻡ ﺍﻟﺴﺪﺍﺩ‬ (‫)ﺃ‬
‫ﺍﻟﻤﺴﺒﻖ ﺃﻭ ﺃﻗﺴﺎﻁ ﺃﻭ ﻣﺼﺮﻭﻓﺎﺕ ﻭﻏﻴﺮﻫﺎ ﻣﻦ ﺍﻟﻤﺪﻓﻮﻋﺎﺕ ﺳﻮﺍﺀ ﺗﻢ ﺳﺪﺍﺩﻫﺎ ﺃﻭ‬
‫ﻣﺴﺘﺤﻘﺔ ﺍﻟﺴﺪﺍﺩ ﺃﻭ ﺗﻢ ﺭﺳﻤﻠﺘﻬﺎ ﻣﻦ ﻗﺒﻞ ﺃﻱ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬
‫)ﻣﺤﺘﺴﺒﺔ ﻋﻠﻰ ﺃﺳﺎﺱ ﻣﻮﺣﺪ( ﻓﻴﻤﺎ ﻳﺨﺺ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ؛‬
‫ﻏﻴﺮ ﻣﺘﻀﻤﻦ ﻷﻱ ﻓﺎﺋﺪﺓ ﻣﺴﺘﺤﻘﺔ ﻷﻱ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ؛‬ (‫)ﺏ‬
Page 29 of 35
(c) before taking into account any Exceptional Items;
(d) after deducting the amount of any profit (or adding back the
amount of any loss) of any member of the Covenant Group which
is attributable to minority interests or any Non-Group Entity;
(e) before taking into account any unrealised gains or losses on any
derivative instrument or other financial instrument (other than any
derivative instrument which is accounted for on a hedge
accounting basis);
(f) before taking into account any gain or loss arising from an upward
or downward revaluation of any other asset at any time after the
date to which the Original Financial Statements were drawn up;
(g) excluding the charge to profit represented by the expensing of
stock options;
(h) excluding any other non – operating income; and
(i) excluding any amount of any write-back of provisioning on the
balance sheet,
in each case, to the extent added, deducted or taken into account, as the
case may be, for the purposes of determining operating profits of the
Covenant Group before taxation.
EBITDA means, in respect of any Relevant Period, EBIT for that Relevant
Period after adding back any amount attributable to the amortisation or
depreciation of assets of members of the Covenant Group.
EBITDAL means, in respect of any Relevant Period, EBIT for that
Relevant Period after adding back any amounts attributable to:
(a) the amortisation or depreciation of assets of members of the
Covenant Group; and
(b) any Operating Leases of the Covenant Group.
Exceptional Items means any exceptional, one off, non-recurring or
extraordinary items and/or any material items of an unusual or non-
recurring nature which represent gains or losses including those arising
on:
(a) the restructuring of the activities of an entity and reversals of any
provisions for the cost of restructuring;
(b) disposals, revaluations or impairment of non-current assets other
than impairment of goodwill; and
(c) disposals of assets associated with discontinued operations.
Finance Charges means, for any Relevant Period, the aggregate amount
of the accrued interest, commission, fees, discounts, prepayment fees,
premiums or charges and other finance payments in respect of
Borrowings whether paid, payable or capitalised by any member of the
Covenant Group (calculated on a consolidated basis) in respect of that
Relevant Period:
(a) including any upfront fees or costs which are included as part of
the effective interest rate adjustments;
(b) including the interest (but not the capital) element of payments in
respect of Finance Leases;
(c) including any commission, fees, discounts and other finance
payments payable by (and deducting any such amounts payable
to) any member of the Covenant Group under any interest rate
hedging arrangement; and
(d) taking no account of any unrealised gains or losses on any
derivative instruments or financial instruments other than any
derivative instruments which are accounted for on a hedge
accounting basis,
together with the amount of any cash dividends or distributions paid or
made by any member of the Covenant Group to a Non-Group Entity in
respect of that Relevant Period and, in each case, so that no amount shall
be added (or deducted) more than once.
Finance Lease means any lease or hire purchase contract which would,
in accordance with GAAP, be treated as a finance or capital lease.
Financial Quarter means the period commencing on the day after one
quarter date and ending on the next quarter date.
Fixed Assets means the aggregate (on a consolidated basis) of all
assets of each member of the Covenant Group, excluding Current Assets
and the exclusions listed in paragraphs (a) to (e) inclusive of the definition
of Current Assets.
Interest Cover Ratio means, in respect of any Relevant Period, the ratio
of EBIT for that Relevant Period to Finance Charges for that Relevant
Period.
BBG/OCFL/V01/ADCB 06102013 Page 30 of 35
‫ﻗﺒﻞ ﺍﺣﺘﺴﺎﺏ ﺃﻱ ﺑﻨﻮﺩ ﺍﺳﺘﺜﻨﺎﺋﻴﺔ ؛‬ (‫)ﺝ‬
‫ﺑﻌﺪ ﺧﺼﻢ ﻗﻴﻤﺔ ﺃﻱ ﺃﺭﺑﺎﺡ )ﺃﻭ ﺍﻋﺎﺩﺓ ﺇﺿﺎﻓﺔ ﻗﻴﻤﺔ ﺃﻱ ﺧﺴﺎﺭﺓ ( ﺧﺎﺻﺔ ﺑﺄﻱ ﻣﻦ‬ (‫)ﺩ‬
‫ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﺍﻟﺬﻱ ﺗﺆﻭﻝ ﺇﻟﻴﻪ ﺣﺼﺺ ﺍﻷﻗﻠﻴﺔ ﺃﻭ ﺑﺄﻱ ﻛﻴﺎﻥ‬
‫ﻻ ﻳﻨﺘﻤﻲ ﻟﻠﻤﺠﻤﻮﻋﺔ ؛‬
‫ﻗﺒﻞ ﺍﻷﺧﺬ ﻓﻲ ﺍﻻﻋﺘﺒﺎﺭ ﺃﻱ ﺃﺭﺑﺎﺡ ﺃﻭ ﺧﺴﺎﺋﺮ ﻏﻴﺮ ﻣﺤﻘﻘﺔ ﺑﺎﻟﻨﺴﺒﺔ ﻷﻱ‬ (‫)ﻩ‬
‫ﺃﻭ ﻏﻴﺮﻫﺎ ﻣﻦ ﺍﻷﺩﻭﺍﺕ ﺍﻟﻤﺎﻟﻴﺔ )ﺑﺨﻼﻑ ﺃﻱ ﺃﺩﻭﺍﺕ ﻣﺸﺘﻘﺔ‬ ‫ﺍﻷﺩﻭﺍﺕ ﺍﻟﻤﺸﺘﻘﺔ‬ ‫ﻣﻦ‬
‫ﺗﻢ ﺍﺣﺘﺴﺎﺑﻬﺎ ﻋﻠﻰ ﺃﺳﺎﺱ ﻣﺤﺎﺳﺒﺔ ﺍﻟﺘﺤﻮﻁ( ؛‬
‫ﻗﺒﻞ ﺍﺣﺘﺴﺎﺏ ﺃﻱ ﺭﺑﺢ ﺃﻭ ﺧﺴﺎﺭﺓ ﻧﺎﺷﺌﺔ ﻋﻦ ﺻﻌﻮﺩ ﺃﻭ ﻫﺒﻮﻁ ﻗﻴﻤﺔ ﺃﻱ‬ (‫)ﻭ‬
‫ﺃﺻﻮﻝ ﺃﺧﺮﻯ ﻓﻲ ﺃﻱ ﻭﻗﺖ ﻣﻦ ﺍﻷﻭﻗﺎﺕ ﺑﻌﺪ ﺗﺎﺭﻳﺦ ﺗﺤﺮﻳﺮ ﺍﻟﺒﻴﺎﻧﺎﺕ‬
‫ﺍﻟﻤﺎﻟﻴﺔ ﺍﻷﺻﻠﻴﺔ ؛‬
‫ﻋﺪﻡ ﺗﻀﻤﻴﻦ ﻧﺴﺒﺔ ﺍﻟﻤﺼﺮﻭﻓﺎﺕ ﺇﻟﻰ ﺍﻷﺭﺑﺎﺡ ﻣﻤﺜﻠﺔ ﻓﻲ ﻧﻔﻘﺎﺕ‬ (‫)ﺯ‬
‫ﺧﻴﺎﺭﺍﺕ ﺍﻷﺳﻬﻢ ؛‬
‫ﻋﺪﻡ ﺗﻀﻤﻴﻦ ﺃﻱ ﺩﺧﻞ ﻏﻴﺮ ﺗﺸﻐﻴﻠﻲ ﺁﺧﺮ ؛ ﻭ‬ (‫)ﺡ‬
‫ﻋﺪﻡ ﺗﻀﻤﻴﻦ ﺃﻱ ﻣﺒﻠﻎ ﻣﻦ ﺍﻟﻤﺨﺼﺼﺎﺕ ﻳﻌﺎﺩ ﻗﻴﺪﻩ ﻓﻲ ﺍﻟﻤﻮﺍﺯﻧﺔ ﺍﻟﻌﻤﻮﻣﻴﺔ‬ (‫)ﻁ‬
،
‫ ﺣﺴﺐ ﻣﺎ ﻳﻜﻮﻥ‬،‫ ﺧﺼﻤﻬﺎ ﺃﻭ ﺃﺧﺬﻫﺎ ﻓﻲ ﺍﻟﺤﺴﺒﺎﻥ‬،‫ ﺇﻟﻰ ﺣﺪّ ﺇﺿﺎﻓﺘﻬﺎ‬،‫ﻓﻲ ﻛﻞ ﺣﺎﻟﺔ‬
‫ ﻷﻏﺮﺍﺽ ﺗﺤﺪﻳﺪ ﺍﻷﺭﺑﺎﺡ ﺍﻟﺘﺸﻐﻴﻠﻴﺔ ﻟﻠﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﻗﺒﻞ ﺍﺣﺘﺴﺎﺏ‬،‫ﺍﻟﺤﺎﻝ‬
.‫ﺍﻟﻀﺮﺍﺋﺐ‬
‫ ﻓﻴﻤﺎ‬،‫ﺍﻷﺭﺑﺎﺡ ﻗﺒﻞ ﺧﺼﻢ ﺍﻟﻔﻮﺍﺋﺪ ﻭﺍﻟﻀﺮﺍﺋﺐ ﻭﺍﻹﻫﻼﻙ ﻭﺍﻻﺳﺘﻬﻼﻙ ﺗﻌﻨﻲ‬
‫ ﻗﻴﻤﺔ ﺍﻷﺭﺑﺎﺡ ﻗﺒﻞ ﺍﻟﻔﻮﺍﺋﺪ ﻭﺍﻟﻀﺮﺍﺋﺐ ﻟﺘﻠﻚ‬،‫ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ ﺻﻠﺔ‬
‫ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﺑﻌﺪ ﺇﺿﺎﻓﺔ ﺃﻱ ﻣﺒﻠﻎ ﺗﺮﺟﻊ ﺇﻟﻰ ﺇﻃﻔﺎﺀ ﺃﻭ ﺇﻫﻼﻙ ﺃﺻﻮﻝ ﺃﻋﻀﺎﺀ‬
. ‫ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬
‫ﺍﻷﺭﺑﺎﺡ ﻗﺒﻞ ﺧﺼﻢ ﺍﻟﻔﻮﺍﺋﺪ ﻭﺍﻟﻀﺮﺍﺋﺐ ﻭﺍﻹﻫﻼﻙ ﻭﺍﻻﺳﺘﻬﻼﻙ ﻭﺍﻹﻳﺠﺎﺭ‬
‫ ﻗﻴﻤﺔ ﺍﻷﺭﺑﺎﺡ ﻗﺒﻞ‬،‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ ﺻﻠﺔ‬،‫ﺍﻟﺘﺸﻐﻴﻠﻲ ﺗﻌﻨﻲ‬
‫ﺍﻟﻔﻮﺍﺋﺪ ﻭﺍﻟﻀﺮﺍﺋﺐ ﻟﺘﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﺑﻌﺪ ﺇﺿﺎﻓﺔ ﺃﻱ ﻣﺒﺎﻟﻎ ﺗﺮﺟﻊ‬
:‫ﺇﻟﻰ‬
‫ﺇﻃﻔﺎﺀ ﺃﻭ ﺇﻫﻼﻙ ﺃﺻﻮﻝ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ؛ ﻭ‬ (‫)ﺃ‬
.‫ﺃﻱ ﻋﻘﻮﺩ ﺇﻳﺠﺎﺭ ﺗﺸﻐﻴﻠﻴﺔ ﺧﺎﺻﺔ ﺑﺎﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬ (‫)ﺏ‬
‫ﺍﻟﺒﻨﻮﺩ ﺍﻻﺳﺘﺜﻨﺎﺋﻴﺔ ﺗﻌﻨﻲ ﺃﻱ ﻣﻦ ﺍﻟﺒﻨﻮﺩ ﺍﻻﺳﺘﺜﻨﺎﺋﻴﺔ ﺃﻭ ﺍﻟﻔﺮﻳﺪﺓ ﺃﻭ ﻏﻴﺮ‬
‫ﺃﻭ ﺃﻱ ﺑﻨﻮﺩ ﺟﻮﻫﺮﻳﺔ ﺫﺍﺕ ﻃﺒﻴﻌﺔ ﻏﻴﺮ ﻋﺎﺩﻳﺔ ﺃﻭ ﻏﻴﺮ‬/‫ﺍﻟﻤﺘﻜﺮﺭﺓ ﺃﻭ ﻏﻴﺮ ﺍﻟﻌﺎﺩﻳﺔ ﻭ‬
‫ ﺑﻤﺎ ﻓﻴﻬﺎ ﺗﻠﻚ ﺍﻟﺘﻲ ﺗﻨﺸﺄ ﻧﺘﻴﺠﺔ ﻟﻤﺎ‬،‫ﻣﺘﻜﺮﺭﺓ ﻭﺍﻟﺘﻲ ﺗﻤﺜﻞ ﺃﺭﺑﺎﺣﺎ ﺃﻭ ﺧﺴﺎﺋﺮ‬
:‫ﻳﻠﻲ‬
‫ﺇﻋﺎﺩﺓ ﻫﻴﻜﻠﺔ ﺃﻧﺸﻄﺔ ﻛﻴﺎﻥ ﻣﺎ ﻭﻋﻜﺲ ﻗﻴﻮﺩ ﺃﻱ ﻣﺨﺼﺼﺎﺕ ﻣﻘﺮﺭﺓ ﻟﺘﻜﻠﻔﺔ‬ (‫)ﺃ‬
‫ﺇﻋﺎﺩﺓ ﺍﻟﻬﻴﻜﻠﺔ؛‬
، ‫ﺍﻷﺻﻮﻝ ﻏﻴﺮ ﺍﻟﺴﺎﺋﻠﺔ‬ ‫ ﻭﺍﻧﺨﻔﺎﺽ ﻗﻴﻤﺔ‬،‫ ﺇﻋﺎﺩﺓ ﺍﻟﺘﻘﻴﻴﻢ‬، ‫ﺍﻟﺘﺼﺮﻑ ﺑـ‬ (‫)ﺏ‬
‫ﻓﻀﻼ ﻋﻦ ﺍﻧﺨﻔﺎﺽ ﻗﻴﻤﺔ ﺍﻟﺸﻬﺮﺓ ﺍﻟﺘﺠﺎﺭﻳﺔ ؛ ﻭ‬
.‫ﺍﻟﺘﺼﺮﻑ ﺑﺎﻷﺻﻮﻝ ﺍﻟﻤﺮﺗﺒﻄﺔ ﺑﺎﻟﻌﻤﻠﻴﺎﺕ ﺍﻟﻤﺘﻮﻗﻔﺔ‬ (‫)ﺝ‬
– ‫ﺍﻟﻤﺼﺮﻭﻓﺎﺕ ﺍﻟﺘﻤﻮﻳﻠﻴﺔ ﺗﻌﻨﻲ – ﺑﺎﻟﻨﺴﺒﺔ ﻷﻱ ﻣﻦ ﺍﻟﻔﺘﺮﺍﺕ ﺫﺍﺕ ﺍﻟﺼﻠﺔ‬
‫ﺇﺟﻤﺎﻟﻲ ﻗﻴﻤﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻤﺴﺘﺤﻘﺔ ﺃﻭ ﺍﻟﻌﻤﻮﻟﺔ ﺃﻭ ﺍﻷﺗﻌﺎﺏ ﺃﻭ ﺍﻟﺨﺼﻮﻣﺎﺕ ﺃﻭ ﺭﺳﻮﻡ‬
‫ ﻭﻏﻴﺮﻫﺎ ﻣﻦ ﺍﻟﻤﺪﻓﻮﻋﺎﺕ ﺍﻟﺘﻤﻮﻳﻠﻴﺔ ﻓﻴﻤﺎ ﻳﺨﺺ‬،‫ﺍﻟﺴﺪﺍﺩ ﺍﻟﻤﺴﺒﻖ ﺃﻭ ﺍﻷﻗﺴﺎﻁ‬
‫ﺍﻟﻘﺮﻭﺽ ﺳﻮﺍﺀ ﺍﻟﻤﺴﺪﺩﺓ ﺃﻭ ﻣﺴﺘﺤﻘﺔ ﺍﻟﺴﺪﺍﺩ ﺃﻭ ﺍﻟﻤﺮﺳﻤﻠﺔ ﻣﻦ ﻗﺒﻞ ﺃﻱ ﻣﻦ ﺃﻋﻀﺎﺀ‬
‫ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ )ﻭﺍﻟﻤﺤﺘﺴﺒﺔ ﻋﻠﻰ ﺃﺳﺎﺱ ﻣﻮﺣﺪ( ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺘﻠﻚ ﺍﻟﻔﺘﺮﺓ‬
:‫ﺫﺍﺕ ﺍﻟﺼﻠﺔ‬
‫ﻣﺘﻀﻤﻨﺔ ﻷﻱ ﺭﺳﻮﻡ ﺃﻭ ﻋﻤﻮﻟﺔ ﺃﻭ ﺗﻜﺎﻟﻴﻒ ﻣﺪﻓﻮﻋﺔ ﻣﻘﺪﻣﺎ ﻭﻣﻀﻤﻨﺔ ﻛﺠﺰﺀ ﻣﻦ‬ (‫)ﺃ‬
‫ﺗﺴﻮﻳﺎﺕ ﻧﺴﺒﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺍﻟﻔﻌﺎﻟﺔ ؛‬
‫ﻣﺘﻀﻤﻨﺔ ﻟﻌﻨﺼﺮ ﺍﻟﻔﺎﺋﺪﺓ )ﻭﻟﻴﺲ ﺍﻟﻌﻨﺼﺮ ﺍﻟﺮﺃﺳﻤﺎﻟﻲ( ﻟﻠﻤﺪﻓﻮﻋﺎﺕ‬ (‫)ﺏ‬
‫ﺍﻟﻤﺘﻌﻠﻘﺔ ﺑﻌﻘﻮﺩ ﺍﻹﻳﺠﺎﺭ ﺍﻟﺘﻤﻮﻳﻠﻴﺔ ؛‬
‫ﻣﺘﻀﻤﻨﺔ ﻷﻱ ﻋﻤﻮﻟﺔ ﺃﻭ ﺃﺗﻌﺎﺏ ﺃﻭ ﺧﺼﻮﻣﺎﺕ ﺃﻭ ﻏﻴﺮﻫﺎ ﻣﻦ ﺍﻟﻤﺪﻓﻮﻋﺎﺕ‬ (‫)ﺝ‬
‫ﺍﻟﺘﻤﻮﻳﻠﻴﺔ ﺍﻟﻤﺴﺘﺤﻘﺔ ﺑﻮﺍﺳﻄﺔ )ﻭﺧﺼﻢ ﺃﻱ ﻣﻦ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﺴﺘﺤﻘﺔ‬
‫ﻟﺼﺎﻟﺢ( ﺃﻱ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﺑﻤﻮﺟﺐ ﺃﻱ ﺍﺗﻔﺎﻗﻴﺔ ﺗﺤﻮﻁ ﺿﺪ‬
‫ﺍﺭﺗﻔﺎﻉ ﺳﻌﺮ ﺍﻟﻔﺎﺋﺪﺓ ؛ ﻭ‬
‫ﻋﺪﻡ ﺍﻋﺘﺒﺎﺭ ﺃﻱ ﻣﻦ ﺍﻷﺭﺑﺎﺡ ﺃﻭ ﺍﻟﺨﺴﺎﺋﺮ ﻏﻴﺮ ﺍﻟﻤﺤﻘﻘﺔ ﺑﺎﻟﻨﺴﺒﺔ ﻷﻱ‬ (‫)ﺩ‬
‫ﺃﺩﻭﺍﺕ ﻣﺸﺘﻘﺔ ﺃﻭ ﺃﺩﻭﺍﺕ ﻣﺎﻟﻴﺔ ﻏﻴﺮ ﺗﻠﻚ ﺍﻷﺩﻭﺍﺕ ﺍﻟﻤﺸﺘﻘﺔ ﺍﻟﺘﻲ ﻳﺘﻢ‬
،‫ﺍﺣﺘﺴﺎﺑﻬﺎ ﻋﻠﻰ ﺃﺳﺎﺱ ﻣﺤﺎﺳﺒﺔ ﺍﻟﺘﺤﻮﻁ‬
‫ﻫﺬﺍ ﺑﺎﻹﺿﺎﻓﺔ ﺇﻟﻰ ﻣﺒﻠﻎ ﺃﻱ ﺣﺼﺺ ﺃﺭﺑﺎﺡ ﺃﻭ ﺗﻮﺯﻳﻌﺎﺕ ﻧﻘﺪﻳﺔ ﺗﻢ ﺳﺪﺍﺩﻫﺎ ﺃﻭ‬
‫ﺗﻘﺪﻳﻤﻬﺎ ﺑﻮﺍﺳﻄﺔ ﺃﻱ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﺇﻟﻰ ﻛﻴﺎﻥ ﻻ ﻳﻨﺘﻤﻲ ﻟﻠﻤﺠﻤﻮﻋﺔ‬
‫ ﺃﻻ ﻳﺘﻢ ﺇﺿﺎﻓﺔ‬- ‫ ﺷﺮﻳﻄﺔ – ﻓﻲ ﻛﻞ ﺣﺎﻟﺔ‬،‫ﻓﻴﻤﺎ ﻳﺨﺺ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ‬
.‫)ﺃﻭ ﺧﺼﻢ( ﺃﻱ ﻣﺒﻠﻎ ﺃﻛﺜﺮ ﻣﻦ ﻣﺮﺓ‬
‫ﻋﻘﺪ ﺍﻹﻳﺠﺎﺭ ﺍﻟﺘﻤﻮﻳﻠﻲ ﻳﻌﻨﻲ ﺃﻱ ﻋﻘﺪ ﺍﻳﺠﺎﺭ ﺃﻭ ﺷﺮﺍﺀ ﺑﺎﻟﺘﻘﺴﻴﻂ ﻭﺍﻟﺬﻱ ﻳﺘﻢ‬
‫ ﻛﻌﻘﺪ ﺇﻳﺠﺎﺭ ﺗﻤﻮﻳﻠﻲ ﺃﻭ‬، ‫ ﻃﺒﻘﺎ ﻟﻠﻤﺒﺎﺩﺉ ﺍﻟﻤﺤﺎﺳﺒﻴﺔ ﺍﻟﻤﻘﺒﻮﻟﺔ‬،‫ﻣﻌﺎﻣﻠﺘﻪ‬
.‫ﺭﺃﺳﻤﺎﻟﻲ‬
‫ﺭﺑﻊ ﺍﻟﺴﻨﺔ ﺍﻟﻤﺎﻟﻲ ﻳﻌﻨﻲ ﺍﻟﻔﺘﺮﺓ ﺍﻟﺘﻲ ﺗﺒﺪﺃ ﺍﻋﺘﺒﺎﺭﺍ ﻣﻦ ﺍﻟﻴﻮﻡ ﺍﻟﺘﺎﻟﻲ ﻣﺒﺎﺷﺮﺓ‬
.‫ﻻﻧﺘﻬﺎﺀ ﺭﺑﻊ ﺳﻨﺔ ﻭﺗﻨﺘﻬﻲ ﺑﺤﻠﻮﻝ ﺍﻟﺮﺑﻊ ﺍﻟﺬﻱ ﻳﻠﻴﻪ‬
‫ﺍﻷﺻﻮﻝ ﺍﻟﺜﺎﺑﺘﺔ ﺗﻌﻨﻲ ﺇﺟﻤﺎﻟﻲ ﺃﺻﻮﻝ ﻛﻞ ﻋﻀﻮ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬
‫ ﺑﺎﺳﺘﺜﻨﺎﺀ ﺍﻟﻤﻮﺟﻮﺩﺍﺕ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ ﻭﺍﻻﺳﺘﺜﻨﺎﺀﺍﺕ ﺍﻷﺧﺮﻯ‬،(‫)ﻋﻠﻰ ﺃﺳﺎﺱ ﻣﻮﺣﺪ‬
.‫ﺍﻟﻤﺪﺭﺟﺔ ﻓﻲ ﺍﻟﻔﻘﺮﺍﺕ ﻣﻦ )ﺃ( ﺇﻟﻰ )ﻫـ( ﺑﻤﺎ ﻓﻴﻬﺎ ﺗﻌﺮﻳﻒ ﺍﻟﻤﻮﺟﻮﺩﺍﺕ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬
‫ ﻧﺴﺒﺔ‬،‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ ﺻﻠﺔ‬،‫ﻧﺴﺒﺔ ﺗﻐﻄﻴﺔ ﺍﻟﻔﺎﺋﺪﺓ ﺗﻌﻨﻲ‬
‫ﺍﻷﺭﺑﺎﺡ ﻗﺒﻞ ﺍﻟﻔﻮﺍﺋﺪ ﻭﺍﻟﻀﺮﺍﺋﺐ ﺍﻟﺨﺎﺻﺔ ﺑﺘﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺇﻟﻰ ﺍﻟﻤﺼﺮﻭﻓﺎﺕ‬
.‫ﺍﻟﺘﻤﻮﻳﻠﻴﺔ ﺍﻟﻤﺘﻌﻠﻘﺔ ﺑﺬﺍﺕ ﺍﻟﻔﺘﺮﺓ‬
Joint Venture means any joint venture entity, whether a company, ‫ﺍﻟﻤﺸﺮﻭﻉ ﺍﻟﻤﺸﺘﺮﻙ ﻳﻌﻨﻲ ﺃﻱ ﻛﻴﺎﻥ ﻣﺸﺘﺮﻙ ﺳﻮﺍﺀ ﻛﺎﻥ ﺷﺮﻛﺔ ﺃﻭ ﻣﺆﺳﺴﺔ ﻓﺮﺩﻳﺔ ﺃﻭ‬
unincorporated firm, undertaking, association, joint venture or partnership .‫ﻣﻨﺸﺄﺓ ﺃﻭ ﻣﺆﺳﺴﺔ ﻏﻴﺮ ﻓﺮﺩﻳﺔ ﺃﻭ ﻣﺸﺮﻭﻉ ﻣﺸﺘﺮﻙ ﺃﻭ ﺷﺮﺍﻛﺔ ﺃﻭ ﺃﻱ ﻛﻴﺎﻥ ﺁﺧﺮ‬
or any other entity.
Loan to Value Ratio means, at any time, the ratio of Total Debt under ‫ ﻧﺴﺒﺔ ﺇﺟﻤﺎﻟﻲ ﺍﻟﺪﻳﻦ‬،‫ ﻓﻲ ﺃﻱ ﻭﻗﺖ ﻣﻦ ﺍﻷﻭﻗﺎﺕ‬،‫ﻧﺴﺒﺔ ﺍﻟﻘﺮﺽ ﺇﻟﻰ ﺍﻟﻘﻴﻤﺔ ﺗﻌﻨﻲ‬
the Transaction Documents to Secured Asset Value. .‫ﺑﻤﻮﺟﺐ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ ﺇﻟﻰ ﻗﻴﻤﺔ ﺍﻷﺻﻮﻝ ﺍﻟﻤﻀﻤﻮﻧﺔ‬
Net Worth means, at any time, the aggregate of the amounts paid up or ‫ ﺇﺟﻤﺎﻟﻲ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﺪﻓﻮﻋﺔ ﺃﻭ‬،‫ ﻓﻲ ﺃﻱ ﻭﻗﺖ ﻣﻦ ﺍﻷﻭﻗﺎﺕ‬،‫ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ ﺗﻌﻨﻲ‬
credited as paid up on the issued ordinary share capital of the Customer ‫ ﻭﺇﺟﻤﺎﻟﻲ ﻣﺒﻠﻎ‬،‫ﺍﻟﻤﻘﻴﺪﺓ ﻋﻠﻰ ﺃﻧﻬﺎ ﻣﺪﻓﻮﻋﺔ ﻛﻘﻴﻤﺔ ﺃﺳﻬﻢ ﺭﺃﺱ ﺍﻟﻤﺎﻝ ﺍﻟﻌﺎﺩﻳﺔ ﻟﻠﻌﻤﻴﻞ‬
and the aggregate amount of the reserves of the Covenant Group, ،‫ﺍﺣﺘﻴﺎﻃﻴﺎﺕ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬
including: :‫ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ‬
(a) any amount credited to the share premium account; ‫)ﺃ( ﺃﻣﻮﺍﻝ ﻣﻘﻴﺪﺓ ﻟﺤﺴﺎﺏ ﻋﻼﻭﺓ ﺍﺻﺪﺍﺭ ﺍﻷﺳﻬﻢ ؛‬ ‫ﺃﻱ‬
(b) any capital redemption reserve fund or non-distributable reserves; ‫ﺃﻱ ﻣﻦ ﺻﻨﺎﺩﻳﻖ ﺍﺣﺘﻴﺎﻃﻲ ﺍﺳﺘﺮﺩﺍﺩ ﺭﺃﺱ ﺍﻟﻤﺎﻝ ﺃﻭ ﺍﻻﺣﺘﻴﺎﻃﻴﺎﺕ ﻏﻴﺮ‬ (‫)ﺏ‬
‫ﺍﻟﻘﺎﺑﻠﺔ ﻟﻠﺘﻮﺯﻳﻊ ؛‬
(c) any balance standing to the credit of the consolidated profit and ‫)ﺝ( ﺭﺻﻴﺪ ﺩﺍﺋﻦ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺤﺴﺎﺏ ﺍﻻﺭﺑﺎﺡ ﻭ ﺍﻟﺨﺴﺎﺋﺮ ﺍﻟﻤﻮﺣﺪ‬ ‫ﺃﻱ‬
loss account of the Covenant Group; ‫ﻟﻠﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ؛‬
(d) any Shareholder Loan; and ‫)ﺩ( ﻣﻦ ﻗﺮﻭﺽ ﺍﻟﻤﺴﺎﻫﻤﻴﻦ ؛ ﻭ‬ ‫ﺃﻱ‬
(e) any retained earnings, ، ‫)ﻩ( ﺇﻳﺮﺍﺩﺍﺕ ﻣﺤﺘﺠﺰﺓ‬
‫ﺃﻱ‬
but deducting: :‫ﻣﻊ ﻣﺮﺍﻋﺎﺓ ﺧﺼﻢ ﻣﺎ ﻳﻠﻲ‬
(i) any debit balance on the consolidated profit and loss ‫ﻟﻠﻤﺠﻤﻮﻋﺔ‬ ‫ﺍﻟﻤﻮﺣﺪ‬ ‫ﺍﻟﺨﺴﺎﺋﺮ‬ ‫ﻭ‬ ‫ﺍﻻﺭﺑﺎﺡ‬ ‫ﺣﺴﺎﺏ‬ ‫ﻓﻲ‬ ‫( ﻣﺪﻳﻦ‬1) ‫ﺭﺻﻴﺪ‬ ‫ﺃﻱ‬
account of the Covenant Group; ‫ﺍﻟﻤﺘﻌﻬﺪﺓ؛‬

(ii) any amount in respect of interests of Non-Group Entities in ‫ﺃﻱ‬ ‫ﻓﻲ‬ ‫ﻟﻠﻤﺠﻤﻮﻋﺔ‬ ‫ﻳﻨﺘﻤﻲ‬ ‫ﻻ‬ ‫ﻛﻴﺎﻥ‬ ‫ﺑﺤﻘﻮﻕ‬ ‫( ﻣﺘﻌﻠﻖ‬2)‫ﻣﺒﻠﻎ‬ ‫ﺃﻱ‬
any member of the Covenant Group; ‫ﻋﻀﻮ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ؛‬
(iii) (to the extent included) any amount set aside for taxation, ‫ﺑﺎﻟﻀﺮﺍﺋﺐ‬ ‫ﻟﻺﻳﻔﺎﺀ‬ ‫ﺣﺠﺰﻩ‬ ‫ﺗﻢ‬ ‫ﻣﺒﻠﻎ‬ ‫ﺃﻱ‬ (‫ﻳﺸﻤﻞ‬ ‫( ﺍﻟﺬﻱ‬3) ّ‫ﺍﻟﺤﺪ‬ ‫)ﺇﻟﻰ‬
deferred taxation or bad debts; ‫ﺃﻭ ﺍﻟﻀﺮﺍﺋﺐ ﺍﻟﻤﺆﺟﻠﺔ ﺃﻭ ﺍﻟﺪﻳﻮﻥ ﺍﻟﻤﻌﺪﻭﻣﺔ ؛‬
(iv) (to the extent included) any amounts arising from an ‫( ﺍﻟﺬﻱ ﻳﺸﻤﻞ( ﺃﻱ ﻣﺒﺎﻟﻎ ﺗﻨﺸﺄ ﻋﻦ ﺯﻳﺎﺩﺓ ﻗﻴﻤﺔ ﺍﻷﺻﻮﻝ‬4) ّ‫)ﺇﻟﻰ ﺍﻟﺤﺪ‬
upward revaluation of assets made at any time after the ‫ﺗﺤﺮﻳﺮ‬ ‫ﺗﺎﺭﻳﺦ‬ ‫ﺑﻌﺪ‬ ‫ﻭﻗﺖ‬ ‫ﺃﻱ‬ ‫ﻓﻲ‬ ‫ﺗﻘﻴﻴﻤﻬﺎ‬ ‫ﻹﻋﺎﺩﺓ‬ ‫ﻧﺘﻴﺠﺔ‬
date to which the Original Financial Statements were ‫ﻓﻲ‬ ‫ﺍﻟﻌﻀﻮ‬ ‫ﺃﺻﻮﻝ‬ ‫ﺣﺎﻟﺔ‬ ‫ﻓﻲ‬ ‫ﺃﻭ‬ ،‫ﺍﻷﺻﻠﻴﺔ‬ ‫ﺍﻟﻤﺎﻟﻴﺔ‬ ‫ﺍﻟﻘﻮﺍﺋﻢ‬
drawn up, or in the case of assets of a member of the ‫ﺍﻟﻤﺘﻌﻬﺪﺓ‬ ‫ﺍﻟﻤﺠﻤﻮﻋﺔ‬ ‫ﻓﻲ‬ ‫ﻋﻀﻮ‬ ‫ﻳﺼﺒﺢ‬ ‫ﺍﻟﺬﻱ‬ ‫ﺍﻟﻤﺘﻌﻬﺪﺓ‬ ‫ﺍﻟﻤﺠﻤﻮﻋﺔ‬
Covenant Group which becomes a member of the ‫ﻋﻀﻮﺍ‬ ‫ﺍﻟﺸﺮﻛﺔ‬ ‫ﺗﻠﻚ‬ ‫ﺗﺼﺒﺢ‬ ‫ﺍﻟﺬﻱ‬ ‫ﺍﻟﺘﺎﺭﻳﺦ‬ ،‫ﺍﻟﺘﺎﺭﻳﺦ‬ ‫ﺫﻟﻚ‬ ‫ﺑﻌﺪ‬
Covenant Group after that date, the date on which that ‫ﻓﻲ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ؛‬
company becomes a member of the Covenant Group;
(v) any amount in respect of any dividend or distribution ‫( ﻓﻴﻤﺎ ﻳﺨﺺ ﺃﻱ ﺣﺼﺺ ﺃﺭﺑﺎﺡ ﺃﻭ ﺗﻮﺯﻳﻌﺎﺕ ﺃﻋﻠﻦ ﻋﻨﻬﺎ‬5)‫ﺃﻱ ﻣﺒﻠﻎ‬
declared, recommended or made by any member of the ‫ﺃﻭ ﺃﻭﺻﻰ ﺑﻬﺎ ﺃﻭ ﻣﻘﺪﻣﺔ ﺑﻮﺍﺳﻄﺔ ﺃﻱ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬
Covenant Group to the extent payable to a person who is ‫ﺷﺮﻳﻄﺔ‬ ،‫ﻟﻠﻤﺠﻤﻮﻋﺔ‬ ;‫ﻳﻨﺘﻤﻲ ﻟﺼﺎﻟﺢ‬ ‫ﻻ ﺍﻟﺴﺪﺍﺩ‬ ‫ﻭﺗﺴﺘﺤﻖ‬
‫ﻛﻴﺎﻥ‬
Non-Group Entity and only to the extent such distribution is ‫ﻓﻲ ﺃﺣﺪﺙ‬ ‫ﻓﻘﻂ ﺃﻻ ﺗﻜﻮﻥ ﺗﻠﻚ ﺍﻟﺘﻮﺯﻳﻌﺎﺕ ﻗﺪ ﺃﺧﺬ ﺍﺣﺘﻴﺎﻁ ﻟﻬﺎ‬
not provided for in the most recent financial statements; ‫ﺍﻟﻘﻮﺍﺋﻢ ﺍﻟﻤﺎﻟﻴﺔ ؛‬

(vi) any amount in respect of Borrowings provided by any ‫ﺃﻋﻀﺎﺀ‬ ‫ﺃﺣﺪ‬ ‫ﺑﻮﺍﺳﻄﺔ‬ ‫ﻭﻣﻘﺪﻣﺔ‬ ‫ﺑﺎﻟﻘﺮﻭﺽ‬ ‫( ﻣﺘﻌﻠﻘﺔ‬6)‫ﻣﺒﺎﻟﻎ‬ ‫ﺃﻱ‬
member of the Covenant Group to any other member of ‫ ﺃﻭ ﺃﻱ‬،‫ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﺇﻟﻰ ﻋﻀﻮ ﺁﺧﺮ ﻓﻲ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬
the Covenant Group, any person of which any member of ‫ﺗﺎﺑﻌﺔ‬ ‫ﺷﺮﻛﺔ‬ ‫ﺍﻟﻤﺘﻌﻬﺪﺓ‬ ‫ﺍﻟﻤﺠﻤﻮﻋﺔ‬ ‫ﺃﻋﻀﺎﺀ‬ ‫ﻣﻦ‬ ‫ﺃﻱ‬ ‫ﻳﻌﺘﺒﺮ‬ ‫ﺷﺨﺺ‬
the Covenant Group is a Subsidiary and any Affiliate of ‫ ﻭﺃﻱ ﺷﺮﻛﺔ ﻓﺮﻋﻴﺔ ﻷﻱ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ؛ ﻭ‬،‫ﻟﻪ‬
any member of the Covenant Group; and
(vii) unrealised gains or losses on any derivative instruments or ‫ﺍﻷﺩﻭﺍﺕ‬ ‫ﻣﻦ‬ ‫ﻷﻱ‬ ‫ﺑﺎﻟﻨﺴﺒﺔ‬ ‫ﺍﻟﻤﺤﻘﻘﺔ‬ ‫ﻏﻴﺮ‬ ‫ﺍﻟﺨﺴﺎﺋﺮ‬ ‫ﺃﻭ‬
(7) ‫ﺍﻷﺭﺑﺎﺡ‬
financial instruments other than any derivative instruments ‫ ﺑﺨﻼﻑ ﺃﻱ ﺃﺩﻭﺍﺕ ﻣﺸﺘﻘﺔ‬،‫ﺍﻟﻤﺸﺘﻘﺔ ﺃﻭ ﻏﻴﺮﻫﺎ ﻣﻦ ﺍﻷﺩﻭﺍﺕ ﺍﻟﻤﺎﻟﻴﺔ‬
which are accounted for on a hedge accounting basis, ، ‫ﺗﻢ ﺍﺣﺘﺴﺎﺑﻬﺎ ﻋﻠﻰ ﺃﺳﺎﺱ ﻣﺤﺎﺳﺒﺔ ﺍﻟﺘﺤﻮﻁ‬

and, in each case, so that no amount shall be included or excluded more
than once.
New Shareholder Injections means the aggregate amount subscribed
for by any person (other than a member of the Covenant Group) for
ordinary shares in the Customer or for subordinated loan notes or other
subordinated debt instruments in the Customer on terms acceptable to
the Bank.
Non-Group Entity means any investment or entity (which is not itself a
member of the Covenant Group including associates and Joint Ventures)
in which any member of the Covenant Group has an ownership interest.
Operating Lease means any lease treated for the purposes of GAAP as
an off-balance sheet lease.
Quarter Date means each date falling at the end of a period of three
months starting on the first day of the Financial Year.
Relevant Period means each period of twelve months ending on or
about the last day of the Financial Year and each period of twelve months
ending on or about the last day of each Financial Quarter.
Shareholder Loan means, in relation to any member of the Covenant
Group, the aggregate amount of any Financial Indebtedness:
(a) incurred by a member of the Covenant Group in relation to any
person of which it is a Subsidiary; and
(b) subordinated to its other Financial Indebtedness on terms
acceptable to the Bank.
Tangible Net Worth means, at any time, Net Worth but deducting (to the
extent included) any amount shown in respect of goodwill (including
goodwill arising only on consolidation) or other intangible assets of the
Covenant Group.
[Tangible Net Worth]/[Net Worth] to Total Assets Ratio means, in
respect of any Relevant Period, the ratio of [Tangible Net Worth]/[Net
.‫ ﺃﻛﺜﺮ ﻣﻦ ﻣﺮﺓ ﻭﺍﺣﺪﺓ‬،‫ ﻓﻲ ﻛﻞ ﺣﺎﻟﺔ‬،‫ﺷﺮﻳﻄﺔ ﺃﻻ ﻳﺘﻢ ﺗﻀﻤﻴﻦ ﺃﻭ ﺍﺳﺘﺒﻌﺎﺩ ﺃﻱ ﻣﺒﻠﻎ‬
‫ﺃﻣﻮﺍﻝ ﺟﺪﻳﺪﺓ ﻳﻀﺨﻬﺎ ﺍﻟﻤﺴﺎﻫﻤﻮﻥ ﻳﻌﻨﻲ ﺇﺟﻤﺎﻟﻲ ﺍﻟﻤﺒﻠﻎ ﺍﻟﻤﻜﺘﺘﺐ ﺑﻪ ﻣﻦ ﻗﺒﻞ ﺃﻱ‬
‫ﺷﺨﺺ )ﻏﻴﺮ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ( ﻟﺸﺮﺍﺀ ﺃﺳﻬﻢ ﻋﺎﺩﻳﺔ ﺑﻜﻴﺎﻥ ﺍﻟﻌﻤﻴﻞ ﺃﻭ ﺷﺮﺍﺀ‬
‫ﺃﺫﻭﻥ ﻗﺮﻭﺽ ﺛﺎﻧﻮﻳﺔ ﺃﻭ ﻏﻴﺮﻫﺎ ﻣﻦ ﺃﺩﻭﺍﺕ ﺍﻟﺪﻳﻦ ﺍﻟﺜﺎﻧﻮﻳﺔ ﺑﻜﻴﺎﻥ ﺍﻟﻌﻤﻴﻞ ﻭﻓﻘﺎ‬
.‫ﻟﻠﺸﺮﻭﻁ ﺍﻟﻤﻘﺒﻮﻟﺔ ﻣﻦ ﺟﺎﻧﺐ ﺍﻟﺒﻨﻚ‬
‫ﻛﻴﺎﻥ ﻻ ﻳﻨﺘﻤﻲ ﻟﻠﻤﺠﻤﻮﻋﺔ ﻳﻌﻨﻲ ﺃﻱ ﺍﺳﺘﺜﻤﺎﺭ ﺃﻭ ﻛﻴﺎﻥ )ﺍﻟﺬﻱ ﻻ ﻳﻌﺘﺒﺮ ﻫﻮ ﺫﺍﺗﻪ‬
(‫ ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺍﻟﺸﺮﺍﻛﺎﺕ ﻭﺍﻟﻤﺸﺮﻭﻋﺎﺕ ﺍﻟﻤﺸﺘﺮﻛﺔ‬،‫ﺃﺣﺪ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬
.‫ﻳﻤﺘﻠﻚ ﺃﺣﺪ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﺣﺼﺺ ﻣﻠﻜﻴﺔ ﻓﻴﻪ‬
‫ﻋﻘﺪ ﺍﻹﻳﺠﺎﺭ ﺍﻟﺘﺸﻐﻴﻠﻲ ﻳﻌﻨﻲ ﺃﻱ ﻋﻘﺪ ﺇﻳﺠﺎﺭ ﺗﺘﻢ ﻣﻌﺎﻣﻠﺘﻪ ﻷﻏﺮﺍﺽ ﺍﻟﻤﺒﺎﺩﺉ‬
.‫ﺍﻟﻤﺤﺎﺳﺒﻴﺔ ﺍﻟﻤﻘﺒﻮﻟﺔ ﻛﻌﻘﺪ ﺇﻳﺠﺎﺭ ﻏﻴﺮ ﻣﺪﺭﺝ ﻓﻲ ﺍﻟﻤﻮﺍﺯﻧﺔ ﺍﻟﻌﻤﻮﻣﻴﺔ‬
‫ﺗﺎﺭﻳﺦ ﺑﺪﺍﻳﺔ ﺭﺑﻊ ﺍﻟﺴﻨﺔ ﻳﻌﻨﻲ ﺍﻟﺘﺎﺭﻳﺦ ﺍﻟﺘﺎﻟﻲ ﻣﺒﺎﺷﺮﺓ ﻋﻘﺐ ﺍﻧﺘﻬﺎﺀ ﻓﺘﺮﺓ‬
.‫ﺛﻼﺛﺔ ﺷﻬﻮﺭ ﺗﺒﺪﺃ ﺍﻋﺘﺒﺎﺭﺍ ﻣﻦ ﺃﻭﻝ ﻳﻮﻡ ﻓﻲ ﺍﻟﺴﻨﺔ ﺍﻟﻤﺎﻟﻴﺔ‬
‫ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﺗﻌﻨﻲ ﻛﻞ ﻓﺘﺮﺓ ﺗﺒﻠﻎ ﺍﺛﻨﻲ ﻋﺸﺮ ﺷﻬﺮ ﺗﻨﺘﻬﻲ ﻓﻲ ﺃﻭ‬
‫ ﻭﻛﻞ ﻓﺘﺮﺓ ﺗﺒﻠﻎ ﺍﺛﻨﻲ ﻋﺸﺮ ﺷﻬﺮﺍ ﻭﺗﻨﺘﻬﻲ‬،‫ﺑﺤﻠﻮﻝ ﺁﺧﺮ ﻳﻮﻡ ﻓﻲ ﺍﻟﺴﻨﺔ ﺍﻟﻤﺎﻟﻴﺔ‬
.‫ﻓﻲ ﺃﻭ ﺑﺤﻠﻮﻝ ﺁﺧﺮ ﻳﻮﻡ ﻓﻲ ﺍﻱ ﺭﺑﻊ ﺳﻨﺔ ﻣﺎﻟﻲ‬
‫ﻗﺮﻭﺽ ﺍﻟﻤﺴﺎﻫﻤﻴﻦ ﺗﻌﻨﻲ – ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻋﻀﻮ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ‬
:‫ﺍﻟﻤﺘﻌﻬﺪﺓ– ﺇﺟﻤﺎﻟﻲ ﻗﻴﻤﺔ ﺃﻱ ﻣﺪﻳﻮﻧﻴﺎﺕ ﻣﺎﻟﻴﺔ‬
‫ﻳﺘﺤﻤﻠﻬﺎ ﻋﻀﻮﺍً ﻓﻲ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﺷﺨﺺ ﻳﻜﻮﻥ‬ (‫)ﺃ‬
‫ﺷﺮﻛﺔ ﺗﺎﺑﻌﺔ ﻟﻪ ؛ ﻭ‬
‫ﻭﺗﺎﺑﻌﺔ ﻟﻤﺪﻳﻮﻧﻴﺎﺗﻪ ﺍﻟﻤﺎﻟﻴﺔ ﺍﻷﺧﺮﻯ ﻭﻓﻘﺎ ﻟﻠﺸﺮﻭﻁ ﺍﻟﻤﻘﺒﻮﻟﺔ ﻟﺪﻯ‬ (‫)ﺏ‬
.‫ﺍﻟﺒﻨﻚ‬
‫ ﺻﺎﻓﻲ ﻗﻴﻤﺔ‬،‫ ﻓﻲ ﺃﻱ ﻭﻗﺖ ﻣﻦ ﺍﻷﻭﻗﺎﺕ‬،‫ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ ﺍﻟﻤﻠﻤﻮﺳﺔ ﺗﻌﻨﻲ‬
‫ﺍﻟﺜﺮﻭﺓ ﻭﻟﻜﻦ ﻣﻊ ﻣﺮﺍﻋﺎﺓ ﺧﺼﻢ )ﺇﻟﻰ ﺍﻟﺤﺪّ ﺍﻟﺬﻱ ﻳﺸﻤﻞ( ﺃﻱ ﻣﺒﻠﻎ ﻣﻘﻴﺪ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ‬
‫ﺑﺎﻟﺸﻬﺮﺓ ﺍﻟﺘﺠﺎﺭﻳﺔ )ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺍﻟﺸﻬﺮﺓ ﺍﻟﺘﺠﺎﺭﻳﺔ ﺍﻟﻨﺎﺷﺌﺔ ﺑﻌﺪ ﺍﻟﺘﻮﺣﻴﺪ( ﺃﻭ‬
.‫ﻏﻴﺮﻫﺎ ﻣﻦ ﺍﻷﺻﻮﻝ ﻏﻴﺮ ﺍﻟﻤﻠﻤﻮﺳﺔ ﻟﻠﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬
‫] ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ[ ﺇﻟﻰ ﺇﺟﻤﺎﻟﻲ‬/[‫ﻧﺴﺒﺔ ]ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ ﺍﻟﻤﻠﻤﻮﺳﺔ‬
‫ ﻧﺴﺒﺔ ]ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ‬،‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﻳﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ ﺻﻠﺔ‬،‫ﺍﻷﺻﻮﻝ ﺗﻌﻨﻲ‬

BBG/OCFL/V01/ADCB 06102013 Page 31 of 35

Worth] on the last day of that Relevant Period to Total Assets on the last
day of that Relevant Period.
Total Assets means, at any time, the aggregate amount at that time of
the Current Assets and the Fixed Assets of the Covenant Group less the
aggregate amount at that time for or in respect of Borrowings provided by
any member of the Covenant Group to any other member of the
Covenant Group, any person of which any member of the Covenant
Group is a Subsidiary and any Affiliate of any member of the Covenant
Group.
Total Debt means, at any time, the aggregate amount of all obligations of
members of the Covenant Group for or in respect of Borrowings at that
time but:
(a) excluding, to the extent they constitute Borrowings, any New
Shareholder Injections; and
(b) including, in the case of Finance Leases only, their capitalised
value,
and, in each case, so that no amount shall be included or excluded more
than once.
Total Debt to EBITDA Ratio means, in respect of any Relevant Period,
the ratio of Total Debt on the last day of that Relevant Period to EBITDA
for that Relevant Period.
Total Debt to [Tangible Net Worth/[Net Worth] Ratio means, in respect
of any Relevant Period, the ratio of Total Debt on the last day of that
Relevant Period to [Tangible Net Worth]/[Net Worth] on the last day of
that Relevant Period.
Total Liabilities means the aggregate (on a consolidated basis) of all
liabilities (including trade creditors, accruals and provisions) of each
member of the Covenant Group.
Total Liabilities to [Tangible Net Worth/[Net Worth] Ratio means, in
respect of any Relevant Period, the ratio of Total Liabilities on the last day
of that Relevant Period to [Tangible Net Worth]/[Net Worth] on the last
day of that Relevant Period.
Working Capital means, at any time, Current Assets less Current
Liabilities.
BBG/OCFL/V01/ADCB 06102013 Page 32 of 35
‫]ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ[ ﻓﻲ ﺍﻟﻴﻮﻡ ﺍﻷﺧﻴﺮ ﻣﻦ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ‬/[‫ﺍﻟﻤﻠﻤﻮﺳﺔ‬
.‫ﺇﻟﻰ ﺇﺟﻤﺎﻟﻲ ﺍﻷﺻﻮﻝ ﻓﻲ ﺍﻟﻴﻮﻡ ﺍﻷﺧﻴﺮ ﻣﻦ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ‬
‫ ﺇﺟﻤﺎﻟﻲ ﻣﺒﻠﻎ ﺍﻟﻤﻮﺟﻮﺩﺍﺕ‬،‫ ﻓﻲ ﺃﻱ ﻭﻗﺖ ﻣﻦ ﺍﻷﻭﻗﺎﺕ‬،‫ﺇﺟﻤﺎﻟﻲ ﺍﻷﺻﻮﻝ ﺗﻌﻨﻲ‬
‫ﺍﻟﻤﺘﺪﺍﻭﻟﺔ ﻭﺍﻷﺻﻮﻝ ﺍﻟﺜﺎﺑﺘﺔ ﻟﻠﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﻓﻲ ﺫﻟﻚ ﺍﻟﻮﻗﺖ ﻣﻄﺮﻭﺣﺎ ﻣﻨﻬﺎ‬
‫ﺇﺟﻤﺎﻟﻲ ﺍﻟﻤﺒﺎﻟﻎ ﺍﻟﻤﺘﻌﻠﻘﺔ ﺑﺎﻟﻘﺮﻭﺽ ﺍﻟﻤﻘﺪﻣﺔ ﺑﻮﺍﺳﻄﺔ ﺃﻱ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ‬
‫ ﺃﻭ ﺃﻱ ﺷﺨﺺ ﻳﻌﺘﺒﺮ ﺃﻱ ﻣﻦ‬،‫ﺍﻟﻤﺘﻌﻬﺪﺓ ﻷﻱ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﺍﻵﺧﺮﻳﻦ‬
‫ ﻭﺃﻱ ﺷﺮﻛﺔ ﻓﺮﻋﻴﺔ ﻷﻱ ﻣﻦ ﺃﻋﻀﺎﺀ‬،‫ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﺷﺮﻛﺔ ﺗﺎﺑﻌﺔ ﻟﻪ‬
. ‫ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ‬
‫ ﺇﺟﻤﺎﻟﻲ ﻗﻴﻤﺔ ﺟﻤﻴﻊ ﻣﻮﺟﺒﺎﺕ ﺃﻋﻀﺎﺀ‬،‫ ﻓﻲ ﺃﻱ ﻭﻗﺖ ﻣﻦ ﺍﻷﻭﻗﺎﺕ‬،‫ﺇﺟﻤﺎﻟﻲ ﺍﻟﺪﻳﻦ ﻳﻌﻨﻲ‬
:‫ ﻣﻊ ﻣﺮﺍﻋﺎﺓ‬،‫ﺍﻟﻤﺠﻤﻮﻋﺔ ﺍﻟﻤﺘﻌﻬﺪﺓ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺎﻟﻘﺮﻭﺽ ﻓﻲ ﺫﻟﻚ ﺍﻟﻮﻗﺖ‬
‫ ﺇﻟﻰ ﺍﻟﺤﺪّ ﺍﻟﺬﻱ ﺗﻌﺘﺒﺮ ﻓﻴﻪ‬،‫ﻋﺪﻡ ﺗﻀﻤﻴﻦ ﺃﻣﻮﺍﻝ ﺟﺪﻳﺪﺓ ﻳﻀﺨﻬﺎ ﺍﻟﻤﺴﺎﻫﻤﻮﻥ‬ (‫)ﺃ‬
‫ﻫﺬﻩ ﺍﻻﻣﻮﺍﻝ ﻗﺮﻭﺿﺎ ؛ ﻭ‬
‫ ﻓﻲ ﺣﺎﻟﺔ ﺍﻹﻳﺠﺎﺭ ﺍﻟﺘﻤﻮﻳﻠﻲ ﻓﻘﻂ ؛‬،‫ﺗﻀﻤﻴﻦ ﻗﻴﻤﺘﻬﺎ ﺍﻟﻤﺮﺳﻤﻠﺔ‬ (‫)ﺏ‬
.‫ ﺃﻛﺜﺮ ﻣﻦ ﻣﺮﺓ ﻭﺍﺣﺪﺓ‬،‫ ﻓﻲ ﻛﻞ ﺣﺎﻟﺔ‬،‫ﺷﺮﻳﻄﺔ ﺃﻻ ﻳﺘﻢ ﺗﻀﻤﻴﻦ ﺃﻭ ﺍﺳﺘﺒﻌﺎﺩ ﺃﻱ ﻣﺒﻠﻎ‬
‫ﻧﺴﺒﺔ ﺇﺟﻤﺎﻟﻲ ﺍﻟﺪﻳﻦ ﺇﻟﻰ ﻗﻴﻤﺔ ﺍﻷﺭﺑﺎﺡ ﻗﺒﻞ ﺧﺼﻢ ﺍﻟﻔﻮﺍﺋﺪ ﻭﺍﻟﻀﺮﺍﺋﺐ ﻭﺍﻹﻫﻼﻙ‬
‫ ﻧﺴﺒﺔ ﺇﺟﻤﺎﻟﻲ ﺍﻟﺪﻳﻦ‬،‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ ﺻﻠﺔ‬،‫ﻭﺍﻻﺳﺘﻬﻼﻙ ﺗﻌﻨﻲ‬
‫ﻓﻲ ﺍﻟﻴﻮﻡ ﺍﻷﺧﻴﺮ ﻣﻦ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﺇﻟﻰ ﻗﻴﻤﺔ ﺍﻷﺭﺑﺎﺡ ﻗﺒﻞ ﺧﺼﻢ‬
.‫ﺍﻟﻔﻮﺍﺋﺪ ﻭﺍﻟﻀﺮﺍﺋﺐ ﻭﺍﻹﻫﻼﻙ ﻭﺍﻻﺳﺘﻬﻼﻙ ﺍﻟﺨﺎﺻﺔ ﺑﺬﺍﺕ ﺍﻟﻔﺘﺮﺓ‬
[‫ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ‬ /] ‫ﺍﻟﻤﻠﻤﻮﺳﺔ‬
[ ‫ﻧﺴﺒﺔ ﺇﺟﻤﺎﻟﻲ ﺍﻟﺪﻳﻦ ﺇﻟﻰ ]ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ‬
‫ ﻧﺴﺒﺔ ﺇﺟﻤﺎﻟﻲ ﺍﻟﺪﻳﻦ ﻓﻲ ﺍﻟﻴﻮﻡ‬،‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ ﺻﻠﺔ‬،‫ﺗﻌﻨﻲ‬
‫]ﺻﺎﻓﻲ‬/[‫ﺍﻷﺧﻴﺮ ﻣﻦ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﺇﻟﻰ ]ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ ﺍﻟﻤﻠﻤﻮﺳﺔ‬
.‫ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ[ ﻓﻲ ﺍﻟﻴﻮﻡ ﺍﻷﺧﻴﺮ ﻣﻦ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ‬
‫ﺇﺟﻤﺎﻟﻲ ﺍﻟﺪﻳﻮﻥ ﺗﻌﻨﻲ ﺇﺟﻤﺎﻟﻲ ﻗﻴﻤﺔ ﺍﻟﺪﻳﻮﻥ ﻟﻜﻞ ﻋﻀﻮ ﻣﻦ ﺃﻋﻀﺎﺀ ﺍﻟﻤﺠﻤﻮﻋﺔ‬
‫ﺍﻟﻤﺘﻌﻬﺪﺓ )ﻋﻠﻰ ﺃﺳﺎﺱ ﻣﻮﺣﺪ( ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺫﻣﻢ ﺍﻟﺪﺍﺋﻨﻴﻦ ﺍﻟﺘﺠﺎﺭﻳﻴﻦ ﻭﺍﻟﻤﺴﺘﺤﻘﺎﺕ‬
.‫ﻭﺍﻟﻤﺨﺼﺼﺎﺕ‬
[‫ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ‬ /] ‫ﺍﻟﻤﻠﻤﻮﺳﺔ‬
[ ‫ﻧﺴﺒﺔ ﺇﺟﻤﺎﻟﻲ ﺍﻟﺪﻳﻮﻥ ﺇﻟﻰ ]ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ‬
‫ ﻧﺴﺒﺔ ﺇﺟﻤﺎﻟﻲ ﺍﻟﺪﻳﻮﻥ ﻓﻲ ﺍﻟﻴﻮﻡ‬،‫ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ ﻓﺘﺮﺓ ﺫﺍﺕ ﺻﻠﺔ‬،‫ﻳﻌﻨﻲ‬
‫]ﺻﺎﻓﻲ‬/[‫ﺍﻷﺧﻴﺮ ﻣﻦ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﺇﻟﻰ ]ﺻﺎﻓﻲ ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ ﺍﻟﻤﻠﻤﻮﺳﺔ‬
.‫ﻗﻴﻤﺔ ﺍﻟﺜﺮﻭﺓ[ ﻓﻲ ﺍﻟﻴﻮﻡ ﺍﻷﺧﻴﺮ ﻣﻦ ﺗﻠﻚ ﺍﻟﻔﺘﺮﺓ ﺫﺍﺕ ﺍﻟﺼﻠﺔ‬
‫ ﺍﻟﻤﻮﺟﻮﺩﺍﺕ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ ﻣﻄﺮﻭﺣﺎ‬،‫ ﻓﻲ ﺃﻱ ﻭﻗﺖ ﻣﻦ ﺍﻷﻭﻗﺎﺕ‬،‫ ﻳﻌﻨﻲ‬:‫ﺭﺃﺱ ﺍﻟﻤﺎﻝ ﺍﻟﻌﺎﻣﻞ‬
.‫ﻣﻨﻬﺎ ﺍﻟﻤﻄﻠﻮﺑﺎﺕ ﺍﻟﻤﺘﺪﺍﻭﻟﺔ‬
 SIGNATURE PAGE OF

‫ﺻﻔﺤﺔ ﺗﻮﻗﻴﻊ‬
‫ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻼﺕ ﺍﻻﺋﺘﻤﺎﻧﻴﺔ‬

BBG/OCFL/V01/ADCB 06102013 Page 33 of 35

 OPENING CREDIT FACILITY LETTER

Bank ‫ﺍﻟﺒﻨﻚ‬
ABU DHABI COMMERCIAL BANK PJSC ‫ﻉ‬.‫ﻡ‬.‫ﺑﻨﻚ ﺃﺑﻮ ﻇﺒﻲ ﺍﻟﺘﺠﺎﺭﻱ ﺵ‬

Address: Head Office, P.O. Box 939, Abu Dhabi, United ‫ ﺍﻹﻣﺎﺭﺍﺕ ﺍﻟﻌﺮﺑﻴﺔ‬،‫ ﺃﺑﻮﻇﺒﻲ‬،939 .‫ﺏ‬.‫ ﺹ‬،‫ﺍﻟﻤﺮﻛﺰ ﺍﻟﺮﺋﻴﺴﻲ‬ :‫ﺍﻟﻌﻨﻮﺍﻥ‬
Arab Emirates. ‫ﺍﻟﻤﺘﺤﺪﺓ‬

Telephone: 009712 6962222 6962222 :‫ﺍﻟﻬﺎﺗﻒ‬

By: :‫ﺑﻮﺍﺳﻄﺔ‬

_______________________ ________________________
Authorised Signatory :‫ﺍﻟﻤﻔﻮﺽ ﺑﺎﻟﺘﻮﻗﻴﻊ‬

By: :‫ﺑﻮﺍﺳﻄﺔ‬

_______________________ ________________________
Authorised Signatory :‫ﺍﻟﻤﻔﻮﺽ ﺑﺎﻟﺘﻮﻗﻴﻊ‬

BBG/OCFL/V01/ADCB 06102013 Page 34 of 35

 FORM OF ACKNOWLEDGEMENT AND AGREEMENT
I/We hereby accept and agree to be bound by the terms and conditions
of this Opening Facility Letter including the provisions of clause 8
(Interest), the Standard Terms and each other Transaction Document,
and acknowledge and agree that, subject to clause 29 (Enforcement) of
the Standard Terms, the courts of the Relevant Emirate and, at the
Bank’s option, the courts of the DIFC and ADGM (including the Small
Claims Tribunal of each of DIFC and ADGM) each have non-exclusive
jurisdiction to settle any dispute arising out of or in connection with this
Opening Facility Letter, the Standard Terms and any other Transaction
Document.
I/We confirm, having read and understood the full content of this Opening
Facility Letter and all attached schedules, and abide by all the terms and
conditions contained on each page therein. Further, I/we confirm that
my/our signature on this page is to be construed as binding on me/us
and as if I/we have signed on all the pages of this Opening Facility Letter
including attached schedule(s).
I/We understand and acknowledge that I/we have had the right to obtain
independent legal advice in relation to the Transaction Documents before
execution thereof, and any failure by me/us to obtain any such advice will
have no effect on the enforceability of my/our obligations under the
Transaction Documents.
I/We refer to clause 21 (Notices) of Standard Terms, my/our address for
any communication or document to be made or delivered under or in
connection with any Transaction Document is:
‫ﻧﻤﻮﺫﺝ ﺍﻹﻗﺮﺍﺭ ﻭﺍﻟﻤﻮﺍﻓﻘﺔ‬
‫ﻧﻘﺒﻞ ﻭﻧﻮﺍﻓﻖ ﺑﻤﻮﺟﺐ ﻫﺬﺍ ﻋﻠﻰ ﺍﻹﻟﺘﺰﺍﻡ ﺑﺸﺮﻭﻁ ﻭﺃﺣﻜﺎﻡ ﺧﻄﺎﺏ ﻓﺘﺢ‬/‫ﺃﻗﺒﻞ ﻭﺃﻭﺍﻓﻖ‬
‫ ﻭﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭﺑﻜﻞ‬،(‫ )ﺍﻟﻔﺎﺋﺪﺓ‬8 ‫ﺍﻟﺘﺴﻬﻴﻞ ﻫﺬﺍ ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﺃﺣﻜﺎﻡ ﺍﻟﻤﺎﺩﺓ‬
‫ ﻧﻘﺮ ﻭﻧﻮﺍﻓﻖ ﻋﻠﻰ ﺃﻥ ﻟﻜﻞ ﻣﻦ ﻣﺤﺎﻛﻢ ﺍﻹﻣﺎﺭﺓ‬/‫ ﻛﻤﺎ ﺃﻗﺮ ﻭ ﺃﻭﺍﻓﻖ‬،‫ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﺃﺧﺮﻯ‬
‫ ﻣﺤﺎﻛﻢ ﻣﺮﻛﺰ ﺩﺑﻲ ﺍﻟﻤﺎﻟﻲ ﺍﻟﻌﺎﻟﻤﻲ ﻭ ﺳﻮﻕ‬-‫ﺫﺍﺕ ﺍﻟﺼﻠﺔ ﻭ –ﻭﻓﻘﺎً ﻟﻤﺎ ﻳﺨﺘﺎﺭﻩ ﺍﻟﺒﻨﻚ‬
‫ﺃﺑﻮﻇﺒﻲ ﺍﻟﻌﺎﻟﻤﻲ )ﺑﻤﺎ ﻓﻲ ﺫﻟﻚ ﻣﺤﻜﻤﺔ ﺍﻟﺪﻋﺎﻭﻯ ﺍﻟﺼﻐﻴﺮﺓ ﺍﻟﺨﺎﺻﺔ ﺑﻤﺤﺎﻛﻢ ﻣﺮﻛﺰ‬
‫ﺍﻟﺴﻠﻄﺔ ﺍﻟﻘﻀﺎﺋﻴﺔ ﻏﻴﺮ‬ (‫ﺩﺑﻲ ﺍﻟﻤﺎﻟﻲ ﺍﻟﻌﺎﻟﻤﻲ ﻭ ﺳﻮﻕ ﺃﺑﻮﻇﺒﻲ ﺍﻟﻌﺎﻟﻤﻲ‬
‫ ﻟﻠﻔﺼﻞ‬،‫ )ﺍﻟﺘﻨﻔﻴﺬ( ﻣﻦ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬29 ‫ ﻣﻊ ﻣﺮﺍﻋﺎﺓ ﺍﺣﻜﺎﻡ ﺍﻟﻤﺎﺩﺓ‬،‫ﺍﻟﺤﺼﺮﻳﺔ‬
‫ﻓﻲ ﺃﻱ ﻧﺰﺍﻉ ﻳﻨﺸﺄ ﺑﺴﺒﺐ ﺃﻭ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺨﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻞ ﻫﺬﺍ ﻭﺍﻟﺸﺮﻭﻁ‬
.‫ﺍﻟﻨﻤﻮﺫﺟﻴﺔ ﻭ ﺃﻱ ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﺃﺧﺮﻯ‬
‫ﺍﻃﻠﻌﻨﺎ ﻋﻠﻰ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻞ ﻫﺬﺍ ﻭﻋﻠﻰ‬/‫ﺑﺄﻧﻨﺎ ﻗﺪ ﺍﻃﻠﻌﺖ‬/‫ﻧﺆﻛﺪ ﺑﺄﻧﻨﻲ‬/‫ﺃﺅﻛﺪ‬
‫ﺑﺄﻧﻨﺎ ﻧﻠﺘﺰﻡ ﺑﻜﺎﻓﺔ ﺍﻟﺸﺮﻭﻁ‬/‫ ﻭﺑﺄﻧﻨﻲ ﺃﻟﺘﺰﻡ‬،‫ﻓﻬﻤﻨﺎ ﻣﻀﻤﻮﻧﻬﺎ‬/‫ﻣﻼﺣﻘﻪ ﻭﻓﻬﻤﺖ‬
‫ﺗﻮﻗﻴﻌﻨﺎ ﻋﻠﻰ ﻫﺬﻩ‬/‫ﻧﺆﻛﺪ ﺑﺄﻥ ﺗﻮﻗﻴﻌﻲ‬/‫ ﻛﺬﻟﻚ ﺃﺅﻛﺪ‬.‫ﻭﺍﻷﺣﻜﺎﻡ ﺍﻟﻮﺍﺭﺩﺓ ﻓﻲ ﻛﻞ ﺻﻔﺤﺔ‬
‫ﺃﻧﻨﺎ ﻭﻗﻌﻨﺎ ﻋﻠﻰ ﻛﻞ‬/‫ﻟﻨﺎ ﻭﻛﻤﺎ ﻟﻮ ﺃﻧﻨﻲ ﻭﻗﻌﺖ‬/‫ﺍﻟﺼﻔﺤﺔ ﻳﻔﺴـﺮ ﺑﺄﻧﻪ ﻣﻠﺰﻡ ﻟﻲ‬
.‫ﺍﻟﻤﻼﺣﻖ ﺍﻟﻤﺮﻓﻘﺔ‬/‫ﺻﻔﺤﺎﺕ ﺧﻄﺎﺏ ﻓﺘﺢ ﺍﻟﺘﺴﻬﻴﻞ ﻫﺬﺍ ﻭﻋﻠﻰ ﺍﻟﻤﻠﺤﻖ‬
‫ﻟﺪﻳﻨﺎ ﺍﻟﺤﻖ ﻓﻲ ﺍﻟﺤﺼﻮﻝ ﻋﻠﻰ ﺭﺃﻱ ﻗﺎﻧﻮﻧﻲ‬/‫ﻧﻘﺮ ﺑﺄﻧﻪ ﻟﺪﻱ‬/‫ﻧﻔﻬﻢ ﻭ ﺃﻗﺮ‬/‫ﺃﻓﻬﻢ‬
‫ﻟﻨﺎ‬/‫ ﻭﺃﻱ ﺇﺧﻔﺎﻕ ﻟﻲ‬،‫ﻣﺴﺘﻘﻞ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﻮﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ ﻗﺒﻞ ﺍﻟﺘﻮﻗﻴﻊ‬
‫ﺑﺎﻟﺤﺼﻮﻝ ﻋﻠﻰ ﻫﺬﺍ ﺍﻟﺮﺃﻱ ﻟﻦ ﻳﻜﻮﻥ ﻟﺬﻟﻚ ﺃﻱ ﺗﺄﺛﻴﺮ ﻋﻠﻰ ﻧﻔﺎﺫ‬
.‫ﺍﻟﺘﺰﺍﻣﺎﺗﻨﺎ ﺑﻤﻮﺟﺐ ﻭﺛﺎﺋﻖ ﺍﻟﻤﻌﺎﻣﻠﺔ‬/‫ﺇﻟﺘﺰﺍﻣﺎﺗﻲ‬
‫ﻋﻨﻮﺍﻧﻨﺎ‬/‫ ﻓﺈﻥ ﻋﻨﻮﺍﻧﻲ‬،‫ )ﺍﻻﺧﻄﺎﺭﺍﺕ( ﻣﻦ ﺍﻟﺸﺮﻭﻁ ﺍﻟﻨﻤﻮﺫﺟﻴﺔ‬21 ‫ﺑﺎﻹﺷﺎﺭﺓ ﺇﻟﻰ ﺍﻟﻤﺎﺩﺓ‬
‫ﻷﻏﺮﺍﺽ ﺃﻳﺔ ﻣﺮﺍﺳﻼﺕ ﺃﻭ ﻣﺴﺘﻨﺪﺍﺕ ﻳﺘﻌﻴﻦ ﺇﺭﺳﺎﻟﻬﺎ ﺑﻤﻮﺟﺐ ﺃﻭ ﻓﻴﻤﺎ ﻳﺘﻌﻠﻖ ﺑﺄﻱ‬
:‫ﻭﺛﻴﻘﺔ ﻣﻌﺎﻣﻠﺔ ﻫﻮ ﻛﻤﺎ ﻳﻠﻲ‬

Physical Location & P.O. Box & Makani Number: ......... ..... :‫ﺍﻟﻤﻮﻗﻊ ﺍﻟﺠﻐﺮﺍﻓﻲ ﻭ ﺻﻨﺪﻭﻕ ﺍﻟﺒﺮﻳﺪ ﻭ ﺍﻟﺮﻗﻢ ﺍﻟﻤﻜﺎﻧﻲ‬
Fax: ......... ..... :‫ﺍﻟﻔﺎﻛﺲ‬
Telephone: ......... ..... :‫ﺍﻟﻬﺎﺗﻒ‬
Email: ......... ..... :‫ﺍﻟﺒﺮﻳﺪ ﺍﻹﻟﻜﺘﺮﻭﻧﻲ‬

Name of [ Customer / Customer and Security Provider / ‫ﺍﻟﻜﻔﻴﻞ‬ / ‫ﻣﻘﺪﻡ ﺍﻟﻀﻤﺎﻥ‬ / ‫ﺍﻟﻜﻔﻴﻞ‬ / ‫ﺍﻟﻌﻤﻴﻞ ﻭ ﻣﻘﺪﻡ ﺍﻟﻀﻤﺎﻥ‬ / ‫ﺍﻟﻌﻤﻴﻞ‬ ‫ﺍﺳﻢ‬
]
Guarantor / Security Provider / Guarantor and Security ..... : ‫ﺍﻟﻀﻤﺎﻥ‬
[ ‫ﻭﻣﻘﺪﻡ‬
Provider ]: .........

(in case of individual) (‫)ﻓﻲ ﺣﺎﻝ ﺍﻹﻓﺮﺍﺩ‬

Nationality: ......... ..... : ‫ﺍﻟﺠﻨﺴﻴﺔ‬
Passport No. /Identity Card No.: ......... ..... :‫ ﺭﻗﻢ ﺑﻄﺎﻗﺔ ﺍﻟﻬﻮﻳﺔ‬/‫ﺭﻗﻢ ﺟﻮﺍﺯ ﺍﻟﺴﻔﺮ‬

(in case of corporate) (‫)ﻓﻲ ﺣﺎﻝ ﺍﻟﻜﻴﺎﻥ ﺍﻻﻋﺘﺒﺎﺭﻱ‬

Legal type: ......... ..... :‫ﺍﻟﺸﻜﻞ ﺍﻟﻘﺎﻧﻮﻧﻲ‬
Formed under the laws of: ......... ..... :‫ﺗﺄﺳﺴﺖ ﺑﻤﻮﺟﺐ ﻗﻮﺍﻧﻴﻦ‬
Licence No.: ......... ..... :‫ﺭﻗﻢ ﺍﻟﺮﺧﺼﺔ ﺍﻟﺘﺠﺎﺭﻳﺔ‬
Chamber of Commerce No.: ......... ..... :‫ﺭﻗﻢ ﻋﻀﻮﻳﺔ ﻏﺮﻓﺔ ﺍﻟﺘﺠﺎﺭﺓ‬
Commercial Registration No.: ......... ..... :‫ﺭﻗﻢ ﺍﻟﺴﺠﻞ ﺍﻟﺘﺠﺎﺭﻱ‬

Name of Authorised Signatory:................................................................. ‫ﺍﺳﻢ ﺍﻟﻤﻔﻮﺽ ﺑﺎﻟﺘﻮﻗﻴﻊ‬

Signature : :..............................................................................................
and corporate stamp (in case of corporate)
:.............................................
Date:.........................................................................................................
....................................................................................:
.....................................................................................................:‫ﺍﻟﺘﻮﻗﻴﻊ‬
:(‫ﻭﺧﺘﻢ ﺍﻟﺸﺮﻛﺔ )ﻓﻲ ﺣﺎﻝ ﺍﻟﺸﺮﻛﺎﺕ‬
.....................................................................
...................................................................................................: ‫ﺍﻟﺘﺎﺭﻳﺦ‬

Name of Authorised Signatory:................................................................. ‫ﺍﺳﻢ ﺍﻟﻤﻔﻮﺽ ﺑﺎﻟﺘﻮﻗﻴﻊ‬

Signature : :..............................................................................................
and corporate stamp (in case of corporate)
:.............................................
Date:.........................................................................................................
....................................................................................:
.....................................................................................................:‫ﺍﻟﺘﻮﻗﻴﻊ‬
:(‫ﻭﺧﺘﻢ ﺍﻟﺸﺮﻛﺔ )ﻓﻲ ﺣﺎﻝ ﺍﻟﺸﺮﻛﺎﺕ‬
.....................................................................
...................................................................................................: ‫ﺍﻟﺘﺎﺭﻳﺦ‬

In the presence of: :‫ﻓﻲ ﺣﻀﻮﺭ‬

(1) Name:.................................................................................................. ................................................................................................‫( ﺍﻻﺳﻢ‬1)
Address:.................................................................................................... ..................................................................................................:‫ﺍﻟﻌﻨﻮﺍﻥ‬
Signature:................................................................................................. ...................................................................................................:‫ﺍﻟﺘﻮﻗﻴﻊ‬

(2) Name:.................................................................................................. .................................................................................................‫( ﺍﻻﺳﻢ‬2)

Address:................................................................................................... ...................................................................................................:‫ﺍﻟﻌﻨﻮﺍﻥ‬
Signature:.................................................................................................. ....................................................................................................:‫ﺍﻟﺘﻮﻗﻴﻊ‬

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