EIA Global DMC FZC
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Official Document
Ref. No: EIA-CFA-___/2025
Credit Facility Agreement
Travel Agency Credit Terms & Conditions
Service Provider
EIA Global DMC FZC
The Company
AND
Travel Agency (Agent)
[Agency Name]
The Agent / Client
Agreement Date
Agency Name
Credit Limit (USD)
Payment Days
1
Purpose
▼
The Company agrees to extend a Credit Facility to the Agent for the booking of travel services including tours, transfers, hotel arrangements, and all related travel services offered by EIA Global DMC FZC.
This Agreement governs the terms under which credit is extended, used, and repaid between both parties named above.
2
Credit Limit
▼
The Agent shall be granted a credit limit of $USD ________ (as agreed and recorded in this Agreement).
The Company reserves the right to revise, suspend, or cancel the credit limit at any time without prior notice, based on payment history, business conditions, or risk assessment.
The Agent may not exceed the approved credit limit. Any booking request that would result in an exceeded credit limit requires prior written approval from the Company.
⚡ The credit limit is subject to periodic review and may be adjusted based on the Agent's payment record and business relationship history.
3
Payment Terms
▼
All invoices must be settled within ___ days from the date of invoice, unless otherwise agreed in writing by both parties.
Payment must be made in full; partial payments shall not be accepted as settlement of any outstanding invoice without prior written consent.
In case of delay or non-payment, the Company reserves the right to: (a) Suspend all ongoing and future services immediately; (b) Charge a late payment penalty of 15% per month on the outstanding amount; (c) Initiate recovery proceedings without further notice.
🚨 Late payments will incur a 15% monthly penalty. Repeated delays may result in immediate termination of this Agreement and legal proceedings.
4
Security
▼
To secure this facility, the Agent agrees to provide the following as security instruments:
Company Security Cheques — equivalent to the full approved credit limit, made payable to EIA Global DMC FZC.
Personal Security Cheque from the Owner or Director of the Agency — as personal surety for the credit extended.
Additional Documents as may be required by the Company at its sole discretion (trade license, Emirates ID, company registration, etc.).
The Company holds the absolute right to deposit the security cheques in the event of non-payment, dishonour of any cheque, or breach of any clause of this Agreement.
5
Liability
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The Agent shall be fully and solely responsible for all bookings made under its account, including those made on behalf of its clients.
Disputes between the Agent and its end-clients do not justify any delay in payment to the Company. The Agent's obligation to pay is independent of any third-party disputes.
The Company shall not be held liable for indirect losses, consequential damages, delays caused by third parties, force majeure events, or any failures outside the Company's direct control.
The Agent shall indemnify and hold harmless the Company from any claims, losses, or expenses arising from the Agent's actions, bookings, or client disputes.
6
Suspension & Termination
▼
The Company may immediately and without prior notice suspend or terminate this Agreement under any of the following circumstances:
📌 Payment is delayed beyond the agreed payment terms specified in this Agreement.
📌 Any issued security cheque is dishonoured, returned, or subject to a stop-payment order.
📌 The Agent breaches any clause, warranty, or representation made in this Agreement.
📌 The Agent becomes insolvent, enters receivership, or ceases normal business operations.
⚡ Upon termination, all outstanding dues shall become immediately payable in full without any further notice or demand.
7
Personal Guarantee
▼
Personal & Unconditional Guarantee
The Owner / Director of the Agency hereby provides an unconditional and irrevocable personal guarantee for all liabilities, debts, and obligations arising under this Agreement. The guarantor agrees to be personally, jointly, and severally responsible for any payment defaults, shortfalls, or breaches committed by the Agency.
Full Name
Emirates ID / Passport No.
Date
Signature
8
Legal Jurisdiction
▼
🏛️
This Agreement shall be governed by and construed in accordance with the laws of United Arab Emirates. Any disputes, controversies, or claims arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of Sharjah.
Both parties expressly agree to submit to the jurisdiction of the designated courts and waive any objections to venue or jurisdiction.
The language of any legal proceedings shall be as stipulated by the court of jurisdiction. This Agreement is executed in English as the primary language.
9
No Waiver
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Failure or delay by the Company to enforce any provision, right, or remedy under this Agreement shall not be construed as a waiver of that or any other right or remedy.
A waiver of any breach shall not be deemed a waiver of any subsequent breach of the same or any other term of this Agreement.
10
Entire Agreement
▼
This Agreement constitutes the entire understanding between EIA Global DMC FZC and the Agent and supersedes all prior agreements, representations, warranties, negotiations, or understandings, whether written or oral.
Any amendments to this Agreement must be made in writing and signed by authorized representatives of both parties to be valid and enforceable.
11
Acceptance & Signatures
▼

By signing below, both parties confirm they have read, understood, and agree to all terms and conditions stated in this Credit Facility Agreement. This Agreement becomes legally binding upon execution by both authorized representatives.

For The Service Provider (The Company)
Company Name
Authorized Signatory Name
Designation
Date
Signature
Company
Stamp
For The Credit Customer (The Agent)
Company Name
Authorized Signatory Name
Designation
Date
Signature
Company
Stamp
Submit Signed Agreement
Send your completed contract to EIA Global DMC FZC for acceptance
📋 Instructions After filling and signing the agreement, please send it to the company for official acceptance and counter-signing.
📧  ops@eiaglobaldmc.com
1
Fill all fields in this document, including Agency Name, Credit Limit, Payment Days, and all signatures.
2
Click "Download PDF" to save your completed and signed copy.
3
Email the signed PDF to ops@eiaglobaldmc.com with subject: "Credit Facility Agreement – [Your Agency Name]"
4
EIA Global DMC FZC will review, counter-sign, and return an accepted copy within 2–5 business days.
EIA Global DMC FZC — Credit Facility Agreement — Confidential & Legally Binding