All Countries
Investment
Master Repurchase Agreement

Master Repurchase Agreement Template for South Africa

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

4.6 / 5
4.8 / 5

Let's create your Master Repurchase 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 of your information

Key Requirements PROMPT example:

Master Repurchase Agreement

"Need a Master Repurchase Agreement under South African law for our bank's treasury department to trade government bonds with local pension funds, with specific provisions for electronic trading and same-day settlement to be implemented by March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Master Repurchase Agreement is designed for parties engaging in repurchase transactions within the South African financial markets framework. It provides a standardized approach to documenting repo transactions while ensuring compliance with South African financial regulations and market practices. This agreement is essential for financial institutions and corporations who regularly engage in repo transactions as part of their funding, liquidity management, or investment strategies. The document includes comprehensive provisions covering transaction initiation, pricing, margin maintenance, default scenarios, and close-out procedures. It is structured to align with international standards while incorporating specific requirements of South African law, making it suitable for both domestic and cross-border transactions involving South African entities.
Suggested Sections

1. Parties: Identification of the contracting parties and their legal capacity

2. Background: Context of the agreement and general purpose of entering into repurchase transactions

3. Definitions: Comprehensive definitions of terms used throughout the agreement

4. Scope and Application: Outline of transactions covered and application of the agreement

5. Initiation and Confirmation: Process for initiating transactions and confirmation requirements

6. Purchase Price and Pricing Rate: Calculation and determination of purchase prices and pricing rates

7. Income Payments: Treatment of income on purchased securities during the transaction

8. Margin Maintenance: Margin calculation, calls, and transfer procedures

9. Payment and Transfer: Mechanics of payments and securities transfers

10. Representations and Warranties: Standard representations and warranties from both parties

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

12. Close-out and Set-off: Procedures for closing out transactions and netting arrangements

13. Tax Provisions: Treatment of taxes and tax-related obligations

14. General Provisions: Standard contractual provisions including notices, amendments, and assignments

15. Governing Law and Jurisdiction: South African law as governing law and jurisdiction for disputes

Optional Sections

1. Agency Trading: Include when parties may act as agents for undisclosed principals

2. Buy/Sell Back Transactions: Include when parties intend to enter into buy/sell back transactions

3. Gilts and Sub-Custodians: Include when dealing with government securities and custody arrangements

4. Electronic Trading: Include when transactions will be conducted through electronic platforms

5. Mini Close-Out: Include when parties want the option for partial close-out of transactions

6. Forward Transactions: Include when forward-dated repos will be traded

7. Security Interest: Include when outright transfer of title needs to be supplemented with security interest provisions

Suggested Schedules

1. Schedule 1 - Form of Confirmation: Standard form for transaction confirmations

2. Schedule 2 - Additional Terms and Conditions: Jurisdiction-specific terms and modifications for South African law

3. Schedule 3 - Eligible Securities: List and characteristics of securities eligible for transactions

4. Schedule 4 - Margin Ratios and Thresholds: Specific margin ratios and threshold amounts for different security types

5. Schedule 5 - Contact Details: Contact information for notices and margin calls

6. Appendix A - Electronic Messaging: Procedures and requirements for electronic communications

7. Appendix B - Tax Documentation: Required tax forms and declarations

8. Appendix C - Settlement Instructions: Standard settlement and payment instructions

Authors

Alex Denne

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Act of Insolvency
Additional Margin
Adjusted Value
Affiliate
Agreement
Applicable Rate
Appropriate Market
Base Currency
Business Day
Buy/Sell Back Transaction
Cash Margin
Close-out Amount
Confirmation
Default Market Value
Default Notice
Defaulting Party
Distribution
Dividend
Early Termination Date
Eligible Margin
Equivalent Margin Securities
Equivalent Securities
Event of Default
Financial Instrument
Forward Transaction
Income
Income Payment Date
JSE
Margin Ratio
Margin Securities
Margin Transfer
Market Value
Master Agreement
Net Exposure
Net Margin
Non-Defaulting Party
Notice of Default
Pricing Rate
Purchase Date
Purchase Price
Purchased Securities
Receiver
Repurchase Date
Repurchase Price
SARB
Securities
Settlement Date
South African Business Day
Spot Rate
System
Tax
Term
Transaction
Transaction Exposure
Transfer Date
Valuation Date
Valuation Percentage
ZAR
Clauses
Definitions
Interpretation
Transaction Initiation
Purchase and Sale
Payment and Transfer
Margin Maintenance
Income Payments
Substitution
Representations and Warranties
Events of Default
Close-out and Set-off
Tax
Interest
Netting
Securities Transfers
Risk and Title
Agency Provisions
Notices
Assignment and Transfer
Electronic Communications
Force Majeure
Costs and Expenses
Amendments
Termination
Confidentiality
Data Protection
Anti-Money Laundering
Regulatory Compliance
Dispute Resolution
Governing Law and Jurisdiction
Severability
Entire Agreement
Calculation Agent
Confirmations
Recording
Third Party Rights
Relevant Industries

Financial Services

Banking

Investment Management

Insurance

Securities Trading

Asset Management

Treasury Services

Public Sector Finance

Corporate Finance

Capital Markets

Relevant Teams

Legal

Treasury

Risk Management

Compliance

Trading

Operations

Finance

Credit

Settlements

Portfolio Management

Documentation

Front Office

Middle Office

Back Office

Relevant Roles

Treasury Manager

Chief Financial Officer

Legal Counsel

Compliance Officer

Risk Manager

Trading Manager

Portfolio Manager

Securities Operations Manager

Financial Controller

Investment Director

Repo Trader

Settlements Manager

Credit Risk Officer

Legal Director

Treasury Operations Manager

Industries
Financial Markets Act, 2012 (Act No. 19 of 2012): Primary legislation governing financial markets in South Africa, including regulations for securities trading and market infrastructure
Banks Act, 1990 (Act No. 94 of 1990): Regulates banking institutions and their activities, including their participation in repo transactions
Financial Sector Regulation Act, 2017 (Act No. 9 of 2017): Establishes regulatory framework for financial sector and creates the 'twin peaks' model of financial regulation
Insolvency Act, 1936 (Act No. 24 of 1936): Governs insolvency proceedings and creditor rights, crucial for default scenarios in repo agreements
Financial Intelligence Centre Act, 2001 (FICA): Establishes anti-money laundering and counter-terrorist financing requirements applicable to financial transactions
Companies Act, 2008 (Act No. 71 of 2008): Governs corporate entities' operations and their ability to enter into contracts and financial arrangements
National Payment System Act, 1998 (Act No. 78 of 1998): Regulates payment, clearing, and settlement systems relevant for repo transactions
Consumer Protection Act, 2008 (Act No. 68 of 2008): May apply to certain aspects of repo transactions, particularly when dealing with non-institutional clients
Financial Advisory and Intermediary Services Act, 2002 (FAIS): Regulates the provision of financial advisory and intermediary services that might be associated with repo transactions
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,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Real Estate Security Agreement

A South African law-governed agreement establishing security rights over real property as collateral for specified obligations.

find out more

Stock Broker Agreement

A South African law-governed agreement between a licensed stock broker and client establishing terms for securities trading and related services, ensuring compliance with local financial regulations.

find out more

Private Security Agreement

South African private security services agreement establishing terms, conditions, and compliance requirements under local security industry regulations.

find out more

Cybersecurity Agreement

South African law-governed agreement establishing cybersecurity services framework and compliance with POPIA and Cybercrimes Act requirements.

find out more

Collateral Agreement

A South African law-governed agreement establishing security interests over assets to secure obligations, detailing creation, maintenance, and enforcement of security rights.

find out more

Security Interest Agreement

A South African law-governed agreement creating security interests over assets to secure obligations, establishing rights and enforcement mechanisms under local security laws.

find out more

Stock Pledge And Security Agreement

A South African law-governed agreement creating security over shares or securities as collateral for financial obligations.

find out more

Loan Against Shares Agreement

A South African law-governed agreement for lending money against shares as collateral, detailing loan terms and security arrangements.

find out more

Note And Warrant Purchase Agreement

A South African law-governed agreement for the issuance and purchase of convertible notes and warrants, combining debt financing with equity participation rights.

find out more

Data Protection Agreement

A South African law-governed agreement establishing terms for personal information processing between a responsible party and operator under POPIA.

find out more

Membership Interest Pledge Agreement

A South African law-governed agreement creating a pledge over membership interests in a company as security for obligations.

find out more

Irrevocable Pledge Agreement

A South African law-governed agreement creating an irrevocable pledge over assets as security for obligations, establishing rights and enforcement mechanisms for the secured party.

find out more

Lease Security Agreement

A South African law-governed agreement establishing terms and conditions for lease security deposits, ensuring compliance with local rental housing legislation and protecting both landlord and tenant interests.

find out more

Guaranty And Security Agreement

A South African law-governed agreement combining guarantee obligations with security arrangements to secure third-party obligations through both personal undertakings and asset security.

find out more

Equipment Security Agreement

A South African law-governed agreement creating security interests over equipment assets, establishing rights and obligations between secured party and equipment owner.

find out more

Auto Loan Security Agreement

A South African law-governed agreement creating a security interest in a financed vehicle, establishing loan terms and security arrangements in compliance with local credit legislation.

find out more

Personal Security Agreement

A South African law-governed agreement establishing terms and conditions for personal security services, including protection scope, operational procedures, and compliance requirements.

find out more

Information Security Agreement

A South African law-governed agreement establishing information security requirements and POPIA compliance measures between parties.

find out more

Confidentiality And Security Agreement

South African Confidentiality and Security Agreement incorporating POPIA compliance requirements and comprehensive information protection measures.

find out more

Business Security Agreement

A South African law-governed agreement establishing security interests over business assets, detailing the rights and obligations of security providers and holders.

find out more

Security Deposit Contract

A South African law-governed agreement establishing terms for handling a security deposit between landlord and tenant, including payment, holding, and return conditions.

find out more

Third Party Collateral Agreement

A South African law-governed agreement where a third party provides collateral to secure another party's debt obligations.

find out more

Deposit Pledge Agreement

A South African law-governed agreement creating a security interest over a cash deposit as collateral for specified obligations.

find out more

Bank Account Pledge Agreement

South African law-governed agreement creating a pledge over bank accounts as security for obligations, including rights to account balances and enforcement mechanisms.

find out more

Inventory Security Agreement

A South African law-governed agreement creating security interests over inventory assets, establishing rights and obligations between a grantor and secured party.

find out more

Reinsurance Security Agreement

A South African law-governed agreement establishing security arrangements between reinsurer and cedent, detailing collateral requirements and enforcement rights under local insurance regulations.

find out more

Third Party Pledge Agreement

A South African law-governed agreement where a third party pledges assets as security for another party's obligations.

find out more

Commercial Security Agreement

A South African law-governed agreement creating security interests over assets to secure commercial obligations, compliant with local security and property law requirements.

find out more

Collateral Security Agreement

A South African law-governed agreement creating security interests over assets to secure specified obligations, establishing rights and enforcement mechanisms for secured parties.

find out more

Stock Issuance Agreement

A South African law-governed agreement detailing the terms and conditions for issuing new company shares to subscribers, including share details, price, and party obligations.

find out more

Share Security Agreement

A South African law-governed agreement creating security over shares, establishing rights and enforcement mechanisms for the security provider and recipient.

find out more

Promissory Note And Security Agreement

A South African law-governed document combining a promise to pay with security arrangements, establishing both debt obligations and collateral rights.

find out more

Collateral Access Agreement

A South African law-governed agreement establishing rights and procedures for accessing and controlling collateral held by a security agent.

find out more

Convertible Note Agreement

A South African law-governed agreement for convertible debt investment that can transform into equity shares under specified conditions.

find out more

Property Collateral Agreement

A South African law-governed agreement creating security interests over property assets as collateral for financial obligations.

find out more

Pledge And Security Agreement

A South African law-governed agreement creating a security interest in specified assets to secure the performance of obligations, detailing pledge arrangements and enforcement rights.

find out more

Master Repurchase Agreement

A South African law-governed master agreement establishing terms for repurchase transactions between parties, including pricing, margin requirements, and risk management procedures.

find out more

Cross Collateral Agreement

A South African law-governed agreement establishing cross-collateralization of multiple assets as security for various credit facilities.

find out more

Asset Pledge Agreement

A South African law-governed agreement establishing a pledge over assets as security for obligations, compliant with local security and property law requirements.

find out more

Intercreditor Agreement

A South African law-governed agreement establishing priorities and relationships between multiple creditors in a financing arrangement.

find out more

Pledge Of Shares Agreement

A South African law-governed agreement establishing a security interest over shares, where a shareholder pledges their shares as collateral to a creditor.

find out more

Overnight Reverse Repurchase Agreement

A South African law-governed agreement for overnight secured lending through the sale and repurchase of securities between financial institutions.

find out more

Loan Collateral Agreement

A South African law-governed agreement establishing security interests over assets provided as collateral for a loan, detailing security arrangements and enforcement rights.

find out more

Film Investment Contract

A South African law-governed agreement establishing terms and conditions for film production investment, including funding structure, returns, and regulatory compliance.

find out more

Collateral Pledge Agreement

A South African law-governed agreement creating a security interest in movable property to secure the performance of obligations.

find out more

Convertible Debt Agreement

A South African law-governed agreement establishing terms for debt that can convert to equity shares, combining debt security with equity potential.

find out more

Share Charge Agreement

A South African law-governed security agreement creating a charge over shares in favor of a creditor, establishing terms for share collateralization and enforcement rights.

find out more

Security Sharing Agreement

A South African law-governed agreement establishing the framework for sharing and managing security interests among multiple parties, including priority rights and enforcement mechanisms.

find out more

Repurchase Agreement

South African law-governed agreement for securities sale and repurchase transactions, compliant with local financial markets regulations.

find out more

Stock Exchange Agreement

A regulated agreement between the JSE and trading members establishing trading rights and obligations under South African financial markets law.

find out more

Reverse Repurchase Agreement

South African law-governed Reverse Repurchase Agreement for securities trading between financial institutions, compliant with local financial markets regulations.

find out more

Contract Of Sale Of Shares

A South African law-governed agreement documenting the sale and transfer of shares between parties, including terms, conditions, and regulatory compliance requirements.

find out more

Negative Pledge Agreement

A South African law-governed agreement where a borrower commits not to create security interests over its assets in favor of other creditors, protecting unsecured lenders' interests.

find out more

Security Lending Agreement

South African law-governed agreement establishing terms for securities lending transactions between institutional parties, compliant with local financial markets regulations.

find out more

Restricted Stock Purchase Agreement

A South African law-governed agreement for the sale of restricted company shares, typically to employees, including purchase terms, vesting conditions, and transfer restrictions.

find out more

Cash Collateral Agreement

South African law-governed agreement establishing terms and conditions for cash collateral arrangements between parties, ensuring compliance with local financial regulations.

find out more

Deposit Control Agreement

A South African law-governed agreement establishing control arrangements over deposit accounts, defining rights and obligations between depositors, banks, and security agents.

find out more

Stock Repurchase Agreement

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

find out more

Convertible Bond Agreement

A South African law-governed agreement setting out terms for bonds convertible into company shares, including conversion rights, interest rates, and security arrangements.

find out more

General Security Agreement

A South African law-governed agreement creating security interests over assets to secure obligations owed to a secured party.

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: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

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

Your documents are private:

We do not train on your data; Genie’s 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 £1 million research project on privacy and anonymity in legal contracts

Want to know more?

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

Read our Privacy Policy.