tiktok成人版

Business Security Agreement Template for Malaysia

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Business Security Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

Key Requirements PROMPT example:

Business Security Agreement

"I need a Business Security Agreement for my manufacturing company based in Kuala Lumpur, creating a fixed charge over our machinery and equipment in favor of Malaysian Bank Berhad, with the secured amount being RM 5 million to be drawn down by March 2025."

What is a Business Security Agreement?

The Business Security Agreement serves as a crucial legal instrument in Malaysian commercial transactions, providing a framework for creating and managing security interests over business assets. This document is essential when businesses seek to secure financing or enter into secured commercial arrangements, requiring careful consideration of Malaysian security and property laws, including the Companies Act 2016 and related regulations. The agreement typically details the nature and extent of security interests, enforcement mechanisms, and compliance requirements specific to Malaysian jurisdiction, while accommodating various types of business assets from physical property to intellectual property rights. It's particularly relevant in scenarios involving business loans, asset financing, or other commercial arrangements where creditors require security over business assets.

What sections should be included in a Business Security Agreement?

1. Parties: Identification of the parties: the secured party (creditor) and the grantor (debtor), including their full legal names, registration numbers, and registered addresses

2. Background: Context of the security agreement, including the underlying business relationship and purpose of the security

3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules for interpreting the document

4. Grant of Security Interest: Core section establishing the creation and nature of the security interest

5. Secured Obligations: Detailed description of the obligations being secured, including any limitations or conditions

6. Representations and Warranties: Statements of fact and assurances given by the grantor regarding their authority and the secured assets

7. Covenants: Ongoing obligations of the grantor regarding the maintenance and use of the secured assets

8. Events of Default: Circumstances that constitute default under the agreement

9. Enforcement Rights: Rights and remedies available to the secured party upon default

10. Protection of Security: Measures to maintain and protect the security interest

11. Power of Attorney: Appointment of the secured party as attorney for specific security-related purposes

12. Notices: Process and requirements for giving notices under the agreement

13. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and amendments

14. Execution: Signature blocks and execution formalities

What sections are optional to include in a Business Security Agreement?

1. Insurance Requirements: Detailed insurance obligations when secured assets require specific insurance coverage

2. Intellectual Property Provisions: Special provisions when intellectual property forms part of the secured assets

3. Priority Arrangements: Required when there are multiple security interests or lenders involved

4. Cross-Default Provisions: Links to other agreements when the security is part of a larger financing arrangement

5. Currency Provisions: Required when the security involves multiple currencies or international transactions

6. Environmental Compliance: Necessary when secured assets include land or operations with environmental implications

7. Registration Requirements: Specific provisions for registration with different authorities based on asset types

What schedules should be included in a Business Security Agreement?

1. Schedule 1 - Secured Assets: Detailed description and/or list of all assets subject to the security interest

2. Schedule 2 - Existing Security Interests: List of any pre-existing security interests or encumbrances on the secured assets

3. Schedule 3 - Premises: Details of any premises where secured assets are located

4. Schedule 4 - Forms of Notice: Template notices for various purposes under the agreement

5. Schedule 5 - Registration Requirements: List of specific registration requirements for different types of assets

6. Appendix A - Asset Valuation Report: Independent valuation of the secured assets

7. Appendix B - Required Insurance: Specific insurance requirements and minimum coverage levels

8. Appendix C - Maintenance Requirements: Detailed maintenance obligations for specific types of secured assets

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

































Clauses






























Relevant Industries

Banking & Financial Services

Manufacturing

Real Estate & Property

Technology & Software

Construction

Retail & Commerce

Agriculture & Farming

Transportation & Logistics

Healthcare

Energy & Resources

Telecommunications

Industrial & Engineering

Relevant Teams

Legal

Finance

Risk Management

Compliance

Treasury

Corporate Secretariat

Credit Administration

Commercial Operations

Asset Management

Security Administration

Relevant Roles

Chief Financial Officer

Legal Counsel

Finance Director

Risk Manager

Credit Manager

Commercial Director

Treasury Manager

Compliance Officer

Corporate Secretary

Security Trustee

Loan Officer

Business Development Manager

Asset Manager

Corporate Lawyer

Financial Controller

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Membership Pledge Agreement

A Malaysian law-governed agreement that establishes the terms, conditions, and mutual obligations between an organization and its members.

find out more

Security Interest Contract

A Malaysian law-governed agreement creating and documenting a security interest over specified assets, establishing rights and enforcement mechanisms for the security holder.

find out more

Stock Broker Agreement

A Malaysian-law governed agreement between a stock broker and client establishing terms for securities trading services and regulatory compliance.

find out more

Security Agreement For Promissory Note

A Malaysian law-governed agreement creating security interests to secure obligations under a promissory note, establishing creditor rights and enforcement mechanisms.

find out more

Penetration Testing Confidentiality Agreement

A Malaysian law-governed agreement establishing confidentiality obligations and operational parameters for penetration testing services, ensuring legal compliance and data protection.

find out more

Personal Property Security Agreement

A Malaysian law-governed agreement creating security interests over personal property to secure financial obligations, compliant with the Hire Purchase Act 1967.

find out more

Data Privacy Contract

Malaysian law-governed data privacy agreement establishing data processing obligations and compliance with PDPA 2010.

find out more

Pledge Security Agreement

A Malaysian law-governed security document creating a pledge over specific assets as collateral for securing obligations, subject to local registration and enforcement requirements.

find out more

Safe Deposit Box Lease Agreement

A Malaysian law-governed agreement between a bank and customer for leasing a safe deposit box, outlining usage terms, security procedures, and obligations of both parties.

find out more

Safe Deposit Box Rental Agreement

A Malaysian law-governed agreement between a bank and customer for safe deposit box rental services, compliant with local banking regulations.

find out more

Irrevocable Pledge Agreement

A Malaysian law-governed agreement creating an irrevocable security interest over assets in favor of a pledgee, establishing secured creditor rights and enforcement mechanisms.

find out more

Personal Security Agreement

A Malaysian law-governed agreement creating security interests over personal property to secure obligations, detailing terms of security creation, maintenance, and enforcement.

find out more

Security Deposit Installment Agreement

Malaysian-law governed agreement for payment of security deposits in installments, defining payment terms, deposit management, and return conditions.

find out more

Business Security Agreement

A Malaysian law-governed agreement creating security interests over business assets, establishing rights and obligations between secured creditors and business debtors.

find out more

Personal Loan Contract With Collateral

Malaysian law-governed agreement for a personal loan secured by collateral, detailing loan terms, security arrangements, and enforcement rights.

find out more

Shareholder Agreement Transfer Of Shares

A Malaysian law-governed agreement documenting the terms and conditions for the transfer of shares between shareholders, including transfer mechanics and post-transfer arrangements.

find out more

Deposit Pledge Agreement

A Malaysian law-governed agreement creating security over deposit accounts, establishing pledge terms and enforcement rights under Malaysian legislation.

find out more

Key Holding Agreement

A Malaysian law-governed agreement establishing terms for professional key holding services, including security protocols and liability provisions.

find out more

Inventory Security Agreement

A Malaysian law-governed agreement creating security interests over company inventory as collateral for financing arrangements.

find out more

Reinsurance Security Agreement

A Malaysian law-governed agreement establishing security arrangements and collateral requirements between a reinsured entity and reinsurer, compliant with Bank Negara Malaysia regulations.

find out more

Debenture Subscription Agreement

Malaysian law-governed agreement setting out terms for subscription to company-issued debentures, including commercial terms and regulatory compliance requirements.

find out more

Third Party Pledge Agreement

A Malaysian law-governed security document where a third party pledges assets to secure another party's debt obligations.

find out more

Commercial Security Agreement

A Malaysian law-governed agreement establishing security interests over assets to secure specified obligations, detailing enforcement rights and parties' obligations.

find out more

Stock Pledge Agreement

A Malaysian law security document creating a pledge over shares as collateral for obligations, compliant with local company and securities laws.

find out more

Collateral Security Agreement

A Malaysian law-governed agreement creating security interests over collateral to secure specified obligations, detailing terms for granting, maintaining, and enforcing the security.

find out more

Personal Data Protection Agreement

A Malaysian law-compliant agreement governing personal data processing rights and obligations under PDPA 2010.

find out more

Master Security Agreement

A Malaysian law-governed agreement establishing a framework for multiple security interests over various assets, setting out terms for creation, perfection, and enforcement of security.

find out more

Collateral Sharing Agreement

Malaysian law-governed agreement establishing rights and procedures for multiple creditors sharing common security interests, accommodating both conventional and Islamic financing structures.

find out more

Stock Lending Agreement

A Malaysian law-governed agreement establishing terms for securities lending transactions between institutional parties, compliant with local regulatory requirements.

find out more

Stock Issuance Agreement

A Malaysian law-governed agreement documenting the terms and conditions for issuing new company shares to subscribers.

find out more

Share Security Agreement

A Malaysian law-governed agreement creating security interests over shares, detailing pledge terms and enforcement rights in compliance with local company and securities laws.

find out more

Promissory Note And Security Agreement

A Malaysian law-governed instrument combining a promise to pay with security arrangements, establishing both debt obligations and asset security.

find out more

Collateral Access Agreement

A Malaysian law-governed agreement establishing terms for secured party access to collateral, including security protocols and access procedures.

find out more

Convertible Note Agreement

A Malaysian law-governed agreement establishing terms for convertible debt financing, including loan terms and equity conversion rights.

find out more

Third Party Security Agreement

A Malaysian law-governed agreement where a third party provides security for another party's obligations to a secured creditor.

find out more

Property Collateral Agreement

A Malaysian law-governed agreement creating a security interest over real property as collateral for financial obligations.

find out more

Pledge And Security Agreement

A Malaysian law-governed agreement creating security interests over specified assets, detailing pledge terms, security arrangements, and enforcement rights under Malaysian legal requirements.

find out more

Security Purchase Agreement

A Malaysian law-governed agreement documenting the terms and conditions for the sale and purchase of securities, ensuring compliance with local securities regulations.

find out more

Security Loan Agreement

A Malaysian law-governed agreement facilitating the temporary transfer of securities between parties, detailing loan terms, collateral requirements, and regulatory compliance.

find out more

Agreement For Security Deposit

A Malaysian law-governed agreement establishing terms for managing and releasing a security deposit between parties, including deposit amount, conditions, and parties' rights and obligations.

find out more

Master Repurchase Agreement

Malaysian law-governed framework agreement for repurchase transactions between financial institutions, incorporating local regulatory requirements and market practices.

find out more

Cross Collateral Agreement

A Malaysian law-governed agreement that enables multiple loans to be secured by shared collateral assets, or multiple assets to secure multiple loans, establishing cross-collateralization terms and security interests.

find out more

Asset Pledge Agreement

A Malaysian law-governed agreement establishing a security interest over specified assets, detailing pledge terms, perfection requirements, and enforcement mechanisms.

find out more

Intercreditor Agreement

A Malaysian law agreement establishing priorities and relationships between multiple creditors in a financing transaction.

find out more

Pledge Of Shares Agreement

A Malaysian law-governed agreement creating a security interest over shares, where a shareholder pledges their shares to a lender as collateral for financial obligations.

find out more

Overnight Reverse Repurchase Agreement

Malaysian law-governed agreement for overnight reverse repo transactions between financial institutions, compliant with BNM guidelines.

find out more

Loan Collateral Agreement

A Malaysian law-governed agreement establishing security interests over collateral to secure loan obligations, detailing creation, maintenance, and enforcement rights.

find out more

Film Investment Contract

A Malaysian law-governed agreement establishing terms for film project investment, including investment structure, rights, and profit-sharing mechanisms.

find out more

Collateral Pledge Agreement

A Malaysian law agreement establishing a pledge over assets as security for obligations, with provisions for creation, perfection, and enforcement of the security interest.

find out more

Stock Transfer Contract

A Malaysian law-governed agreement facilitating the legal transfer of shares between parties, ensuring compliance with local corporate and securities regulations.

find out more

Stock Exchange Agreement

A Malaysian law-governed agreement between Bursa Malaysia and trading participants establishing trading rights and obligations under Malaysian securities regulations.

find out more

Reverse Repurchase Agreement

A Malaysian law-governed agreement for the sale and repurchase of securities, documenting the terms of repo transactions under Bank Negara Malaysia's regulatory framework.

find out more

Contract Of Sale Of Shares

A Malaysian law-governed agreement documenting the sale and purchase of shares in a company, including transaction terms, warranties, and completion requirements.

find out more

Negative Pledge Agreement

A Malaysian law-governed agreement where a borrower commits not to create security interests over its assets in favor of other creditors, providing contractual protection to lenders.

find out more

Margin Lending Agreement

A Malaysian law-governed agreement establishing terms for margin lending facilities, including collateral requirements and regulatory compliance under Malaysian financial services laws.

find out more

Security Lending Agreement

A Malaysian law-governed agreement establishing terms for securities lending between parties, compliant with local capital markets regulations and financial services requirements.

find out more

Cash Collateral Agreement

A Malaysian law-governed agreement establishing terms for providing and maintaining cash collateral security, including delivery, maintenance, and enforcement provisions.

find out more

Deposit Control Agreement

A Malaysian law-governed agreement establishing control over deposit accounts in secured financing arrangements, defining rights and procedures for account control between depositor, bank, and secured party.

find out more

Stock Repurchase Agreement

A Malaysian law-governed agreement detailing terms and conditions for a company's repurchase of its own shares from existing shareholders.

find out more

General Security Agreement

A Malaysian law-governed security document creating enforceable security interests over specified assets, compliant with local registration and enforcement requirements.

find out more

Collateral Contract

A Malaysian law security document establishing terms for assets pledged as collateral to secure contractual obligations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.