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The Stock Loan Agreement serves as the primary legal framework for securities lending transactions in Malaysia, enabling market participants to temporarily transfer securities while maintaining beneficial ownership. This document is essential for various market activities including short selling, settlement coverage, and market making. It must comply with Malaysian regulatory requirements, particularly those set by the Securities Commission Malaysia and Bursa Malaysia. The agreement covers crucial aspects such as loan initiation, collateral management, corporate actions, fee structures, and default procedures. It's typically used by financial institutions, investment firms, and institutional investors engaging in securities lending within the Malaysian market or cross-border transactions involving Malaysian securities.

1. Parties: Identification of the lender and borrower, including registration details and addresses

2. Background: Context of the agreement and relationship between the parties

3. Definitions: Definitions of key terms used throughout the agreement

4. Loans of Securities: Core provisions governing the lending and borrowing of securities, including initiation process

5. Term and Termination: Duration of the agreement and circumstances for termination

6. Delivery of Securities: Procedures and timing for delivery of loaned securities

7. Collateral Requirements: Types of acceptable collateral, maintenance margins, and valuation methods

8. Rights and Obligations: Key responsibilities of both parties during the loan period

9. Fees and Payments: Lending fees, payment schedules, and calculation methods

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

11. Tax Provisions: Treatment of taxes, including manufactured dividends and withholding requirements

12. Representations and Warranties: Standard legal assurances from both parties

13. Regulatory Compliance: Compliance with Malaysian securities laws and regulations

14. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction for disputes