The Equipment Finance Agreement serves as a crucial document for businesses seeking to acquire equipment through financing in Malaysia. It is commonly used when companies need to purchase or lease substantial equipment but prefer to spread the cost over time rather than make an upfront payment. The agreement comprehensively addresses the financing relationship between the lender and borrower, incorporating Malaysian legal requirements and market practices. It includes detailed provisions covering equipment specifications, financing terms, security arrangements, maintenance obligations, and default remedies. This document is essential for compliance with Malaysian financial regulations, including the Financial Services Act 2013, and provides legal protection for all parties involved in the financing arrangement.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the finance provider and the borrower/customer, including full legal names and registration details
2. Background: Context of the agreement, including the purpose of the financing and brief description of the equipment
3. Definitions: Detailed definitions of terms used throughout the agreement
4. Equipment Details: Specific description and identification of the equipment being financed
5. Finance Terms: Key financial terms including amount financed, interest rate, payment schedule, and tenure
6. Payment Obligations: Detailed payment terms, methods, and consequences of default
7. Security Provisions: Details of any security interests, charges, or liens over the equipment
8. Insurance Requirements: Mandatory insurance coverage for the equipment and related obligations
9. Maintenance and Use: Obligations regarding equipment maintenance, permitted use, and operating conditions
10. Representations and Warranties: Standard representations and warranties from both parties
11. Events of Default: Definition of default events and consequences
12. Termination: Circumstances and process for early termination
13. General Provisions: Standard boilerplate clauses including notices, amendments, governing law
1. Guarantees: Required when there is a third-party guarantor for the financing
2. Import/Export Provisions: Necessary for equipment being imported or potentially exported
3. Installation and Commissioning: Required for equipment needing professional installation or commissioning
4. Training and Support: Include when the finance package includes training or ongoing support
5. Environmental Compliance: Required for equipment with environmental impact considerations
6. Islamic Finance Provisions: Required when the financing follows Shariah-compliant structures
7. Assignment and Novation: Include when transfer rights are important for the transaction
1. Equipment Schedule: Detailed technical specifications, serial numbers, and location of equipment
2. Payment Schedule: Detailed breakdown of payment amounts, dates, and amortization schedule
3. Insurance Requirements: Specific insurance coverage requirements and minimum insurance terms
4. Maintenance Schedule: Required maintenance procedures and schedules for the equipment
5. Form of Security Documents: Templates for any required security documentation
6. Condition Report: Initial condition report of the equipment at time of financing
7. Authorized Operators: List of personnel authorized to operate the equipment, if applicable
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Construction
Agriculture
Healthcare
Transportation
Mining
Technology
Telecommunications
Oil and Gas
Renewable Energy
Logistics
Food Processing
Textile Industry
Automotive
Aerospace
Relevant Teams
Legal
Finance
Treasury
Risk Management
Operations
Procurement
Asset Management
Credit
Commercial
Compliance
Business Development
Contract Administration
Relevant Roles
Chief Financial Officer
Finance Director
Treasury Manager
Equipment Finance Manager
Legal Counsel
Risk Manager
Operations Director
Procurement Manager
Asset Manager
Credit Manager
Commercial Director
Financial Controller
Compliance Officer
Business Development Manager
Contract Administrator
Find the exact document you need
Financial Loan Agreement
Malaysian-law governed loan agreement establishing terms between lender and borrower, compliant with Malaysian financial regulations and banking requirements.
find out more
Hire Purchase Agreement For Motorcycle
A Malaysian law-governed agreement for motorcycle financing through installment payments, regulated under the Hire Purchase Act 1967.
find out more
Business Investment Loan Agreement
A Malaysian law-governed agreement establishing terms and conditions for a business investment loan between a lender and corporate borrower.
find out more
Pro Forma Loan Agreement
A comprehensive loan agreement template compliant with Malaysian banking and contract law, suitable for various lending transactions.
find out more
Private Lender Loan Agreement
A Malaysian law-governed loan agreement between private lenders and borrowers, establishing terms for lending, repayment, and security.
find out more
Loan Agreement Between Companies
A Malaysian law-governed loan agreement establishing terms for corporate lending between companies, including repayment and interest provisions.
find out more
Two Party Loan Agreement
A Malaysian law-governed agreement establishing terms and conditions for a loan between two parties, including loan amount, interest rates, and repayment obligations.
find out more
Master Securities Loan Agreement
A Malaysian law-governed agreement establishing terms for securities lending transactions between financial institutions, compliant with local securities regulations and market practices.
find out more
Co Financing Agreement
A Malaysian law-governed agreement establishing terms and conditions for multiple financial institutions to jointly provide financing facilities to a borrower.
find out more
Litigation Funding Agreement
A Malaysian law-governed agreement establishing terms for third-party funding of litigation or arbitration proceedings, including funding commitments and return structures.
find out more
Loan Facilitation Agreement
Malaysian law-governed agreement establishing terms for loan facilitation services between financial institutions and service providers.
find out more
Loan Participation Agreement
A Malaysian law-governed agreement establishing terms for the sale and purchase of participation interests in a loan facility between financial institutions.
find out more
Loan And Mortgage Agreement
A Malaysian law-governed agreement combining loan facilities with property mortgage security, detailing lending terms and security arrangements in compliance with local regulations.
find out more
Loan Agreement Deed
A Malaysian law-governed deed establishing a formal loan arrangement between parties, detailing loan terms, security, and enforcement mechanisms.
find out more
Hire Purchase Agreement For Car
A Malaysian law-governed agreement for vehicle financing through hire purchase arrangements, enabling structured payments while the finance company retains ownership until full payment.
find out more
Car Payment Takeover Agreement
Malaysian-law governed agreement for transferring vehicle payment obligations from an existing buyer to a new buyer, with financing institution consent.
find out more
Car Installment Contract
A Malaysian law-governed agreement for vehicle purchase through installment payments, setting out payment terms, ownership conditions, and parties' rights and obligations.
find out more
Vehicle Payment Plan Agreement
A Malaysian law-compliant agreement outlining terms and conditions for vehicle purchase through structured installment payments.
find out more
Undertaking Loan Agreement
A Malaysian law-governed agreement establishing loan terms between lender and borrower, including facility details, repayment obligations, and security arrangements.
find out more
Trade Finance Facility Agreement
A Malaysian law-governed agreement establishing trade finance facilities between a bank and corporate borrower, covering various trade finance products and compliance requirements.
find out more
Simple Unsecured Loan Agreement
A Malaysian law-governed agreement establishing terms for an unsecured loan between parties, detailing loan amount, interest, and repayment terms without requiring collateral.
find out more
Real Estate Loan Agreement
A Malaysian law-governed agreement establishing terms for a property-backed loan, including loan amount, interest, repayment terms, and security arrangements.
find out more
Project Finance Contract
A Malaysian law-governed agreement establishing terms for long-term project financing, including security arrangements and operational requirements.
find out more
Official Loan Agreement
A Malaysian-law governed agreement establishing formal lending terms between parties, compliant with local financial regulations and lending practices.
find out more
Mezzanine Loan Agreement
Malaysian law-governed agreement for mezzanine financing, combining debt and equity features with subordination to senior debt.
find out more
Master Loan Agreement
A Malaysian law-governed agreement establishing terms and conditions for multiple loans between a lender and borrower, compliant with Malaysian banking and financial services regulations.
find out more
Margin Loan Agreement
Malaysian law-governed agreement for margin lending facilities secured against securities, outlining lending terms and collateral requirements.
find out more
Loan Borrower Agreement
A Malaysian law-governed agreement establishing terms and conditions for lending arrangements between a lender and borrower, including loan terms, security, and enforcement provisions.
find out more
Installment Loan Agreement
A Malaysian law-governed agreement establishing terms for a loan repayable in scheduled installments, detailing amount, interest, repayment terms, and enforcement provisions.
find out more
Financing Contract Agreement
A Malaysian law-governed agreement establishing terms and conditions for financial facilities between lender and borrower, compliant with local banking regulations.
find out more
Financial Support Agreement
A Malaysian law-governed agreement establishing terms for financial support between parties, including payment terms and regulatory compliance requirements.
find out more
Financial Assistance Agreement
A Malaysian law-governed agreement establishing terms for financial assistance between a provider and recipient, including disbursement, repayment, and compliance requirements.
find out more
Financial Agreement Between Two Parties
Malaysian law-governed financial agreement template establishing terms and conditions for financial arrangements between two parties.
find out more
Equipment Lease Purchase Option
Malaysian law-governed agreement for equipment leasing with a purchase option, defining lease terms, maintenance obligations, and purchase conditions.
find out more
Car Installment Agreement
A Malaysian law-compliant agreement for vehicle purchase through installment payments, detailing financial terms, ownership rights, and obligations between parties.
find out more
Car Finance Contract
A Malaysian law-governed agreement for vehicle financing between a financial institution and purchaser, establishing terms for vehicle purchase, payment, and ownership.
find out more
Business To Business Loan Agreement
A Malaysian law-governed agreement establishing terms for a business loan between companies, including loan amount, interest, repayment terms, and security arrangements.
find out more
Business Loan Contract
A Malaysian law-governed agreement establishing terms and conditions for a business loan between a financial institution and commercial borrower.
find out more
Bridge Facility Agreement
A Malaysian law-governed agreement for temporary financing that bridges the gap between immediate capital needs and permanent financing arrangements.
find out more
Basic Loan Agreement Between Friends
A Malaysian law-governed loan agreement template for friendly lending arrangements, providing essential legal protections while maintaining informality.
find out more
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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)