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The Financing Contract Agreement is a fundamental legal document used in Malaysian financial transactions to establish and regulate lending relationships between financial institutions and borrowers. It is essential for any significant financing arrangement in Malaysia, whether for corporate financing, project funding, or asset acquisition. The agreement must comply with Malaysian banking laws, including the Financial Services Act 2013 and, where applicable, the Islamic Financial Services Act 2013. This document is crucial for protecting both lender and borrower interests, establishing clear terms for the facility, and ensuring regulatory compliance. It includes detailed provisions for facility terms, security arrangements, repayment schedules, and default scenarios, while incorporating Malaysian-specific legal requirements and banking practices.

1. Parties: Identification of the finance provider and the borrower/customer with full legal names and registration details

2. Background: Context of the financing arrangement, purpose of the facility, and relationship between the parties

3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules of interpretation

4. Facility Amount and Purpose: Details of the financing amount, type of facility, and permitted use of funds

5. Conditions Precedent: Pre-conditions that must be satisfied before the facility becomes available

6. Drawdown and Availability: Terms and procedures for accessing the facility and availability period

7. Interest/Profit Rate and Payments: Interest or profit rate calculation, payment schedule, and payment mechanics

8. Fees and Charges: All applicable fees, charges, and costs related to the facility

9. Representations and Warranties: Statements of fact and assurances given by the borrower

10. Covenants: Positive and negative obligations of the borrower during the facility period

11. Events of Default: Circumstances constituting default and consequences thereof

12. Security: Details of security/collateral provided for the facility

13. Termination: Circumstances and procedures for termination of the facility

14. General Provisions: Standard clauses including notices, amendments, governing law, and dispute resolution