The Master Receivables Purchase Agreement is essential for businesses seeking to monetize their receivables and improve working capital management in Malaysia. This document establishes a framework under which a company can sell its receivables on an ongoing basis to a financial institution or special purpose vehicle. It is particularly relevant in trade finance, supply chain finance, and factoring arrangements. The agreement must comply with Malaysian legal requirements, including the Financial Services Act 2013, Contracts Act 1950, and where applicable, Islamic Financial Services Act 2013. It typically includes detailed provisions on purchase mechanics, eligibility criteria, representations and warranties, and servicing arrangements. The document can be structured to accommodate both conventional and Islamic finance principles, reflecting Malaysia's dual banking system.

1. Parties: Identification of the seller and purchaser, including registration details and addresses

2. Background: Context of the agreement, business relationship, and general intent of the parties

3. Definitions and Interpretation: Comprehensive definitions of terms used throughout the agreement and interpretation rules

4. Purchase and Sale Framework: General framework for the purchase of receivables, including the agreement to sell and purchase

5. Offer and Acceptance Process: Procedures for offering receivables and accepting them for purchase

6. Purchase Price and Payment: Calculation of purchase price, payment mechanisms, and timing

7. Conditions Precedent: Conditions that must be satisfied before purchases can commence

8. Representations and Warranties: Standard and specific representations regarding the receivables and parties' capacity

9. Covenants: Ongoing obligations of the parties throughout the agreement term

10. Servicing of Receivables: Administration and collection arrangements for the receivables

11. Events of Default: Circumstances constituting default and consequences

12. Termination: Termination events, process, and consequences

13. Confidentiality: Protection of confidential information and data protection compliance

14. Notices: Communication procedures between parties

15. Governing Law and Jurisdiction: Malaysian law as governing law and jurisdiction provisions

16. General Provisions: Standard boilerplate clauses including assignments, amendments, and severability