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The Sell Buy Back Agreement is a crucial document used in UAE financial markets for structured financing transactions where parties wish to enter into a sale with a predetermined repurchase arrangement. This agreement type is commonly utilized by financial institutions, investment banks, and corporate entities operating within the UAE's regulatory framework for liquidity management, financing, and securities trading purposes. The document must comply with UAE Federal Laws, including UAE Federal Law No. 8 of 2004 (Financial Free Zones Law) and UAE Federal Law No. 18 of 1993 (Commercial Transactions Law), while potentially incorporating Islamic finance principles where required. It details the complete transaction structure, including asset transfer mechanisms, pricing calculations, risk allocations, and default scenarios, all within the context of UAE legal requirements and market practices.

1. Parties: Identification of the seller and buyer, including full legal names, registration details, and addresses

2. Background: Context of the agreement and brief description of the transaction structure

3. Definitions: Definitions of key terms used throughout the agreement, including financial terms, pricing mechanisms, and technical terminology

4. Sale and Purchase: Terms of the initial sale including asset description, purchase price, and transfer mechanics

5. Repurchase Obligations: Terms of the repurchase including price calculation, timing, and mechanics

6. Price and Payment Terms: Detailed pricing mechanisms, payment procedures, and calculation of price differentials

7. Transfer of Title and Risk: Provisions regarding ownership transfer, risk allocation, and custodial arrangements

8. Representations and Warranties: Standard and transaction-specific representations and warranties from both parties

9. Covenants: Ongoing obligations of both parties during the term of the agreement

10. Events of Default: Definition of default events and consequences

11. Termination: Circumstances and procedures for early termination

12. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction provisions