Line Of Credit Contract Template for Malaysia

1. Security: Required when the facility is secured by collateral or guarantees

2. Insurance: Required when specific insurance coverage is mandatory for the facility

3. Set-off Rights: Optional rights of set-off against borrower's other accounts with the lender

4. Currency Provisions: Required for facilities available in multiple currencies

5. Islamic Banking Provisions: Required if the facility is Shariah-compliant

6. Assignment and Transfer: Required if the facility may be syndicated or transferred

7. Anti-Money Laundering Compliance: Detailed AML provisions for high-risk facilities or customers

1. Facility Terms Schedule: Detailed commercial terms including facility limit, interest rates, and fees

2. Conditions Precedent Schedule: List of all required documents and conditions to be satisfied

3. Drawing Notice Form: Standard form for making drawdown requests

4. Security Details: Details of any security or collateral provided

5. Calculation of Interest and Fees: Detailed methodology for calculating interest and fees

6. Permitted Security Interests: List of security interests permitted under the facility

7. Compliance Certificate: Form of periodic compliance certificate to be provided by borrower