Reverse Purchase Agreement for Malaysia

Reverse Purchase Agreement Template for Malaysia

A Reverse Purchase Agreement under Malaysian law is a specialized commercial contract where one party agrees to sell goods to another party with a commitment to repurchase them at a predetermined price and time in the future. This agreement type is governed by Malaysian contract law, particularly the Contracts Act 1950 and Sale of Goods Act 1957, and is commonly used for inventory financing, supply chain management, and working capital optimization. The agreement details the terms of both the initial sale and the subsequent repurchase, including pricing mechanisms, delivery schedules, quality specifications, and risk allocation between parties.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Reverse Purchase Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Reverse Purchase Agreement?

The Reverse Purchase Agreement is primarily utilized in commercial transactions where parties seek to establish a structured arrangement for the temporary transfer of goods with a predetermined repurchase commitment. This contract type is particularly relevant in Malaysia's dynamic business environment, where companies often need flexible inventory and working capital solutions. The agreement typically includes detailed provisions on initial sale terms, repurchase obligations, pricing mechanisms, delivery schedules, and quality requirements, all structured in compliance with Malaysian law, particularly the Contracts Act 1950 and Sale of Goods Act 1957. It serves various business purposes, including inventory financing, supply chain optimization, and working capital management, while providing legal certainty to all parties involved.

What sections should be included in a Reverse Purchase Agreement?

1. Parties: Identification and details of the parties entering into the agreement

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

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

4. Scope of Agreement: Overview of the reverse purchase arrangement and its fundamental terms

5. Purchase Commitment: Details of the seller's commitment to repurchase the goods

6. Pricing and Payment Terms: Agreed pricing mechanism, payment schedule, and payment methods

7. Delivery and Transfer of Title: Terms regarding delivery, acceptance, and transfer of ownership

8. Quality and Specifications: Required quality standards and specifications of goods

9. Warranties and Representations: Warranties given by each party regarding their capacity and the goods

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

11. Default and Remedies: Events of default and available remedies

12. Governing Law and Jurisdiction: Specification of Malaysian law as governing law and jurisdiction

13. Miscellaneous: Standard boilerplate provisions including notices, amendments, and severability

What sections are optional to include in a Reverse Purchase Agreement?

1. Storage and Maintenance: Include when goods require specific storage conditions or maintenance during the agreement period

2. Insurance: Include when specific insurance requirements need to be detailed

3. Intellectual Property Rights: Include when the goods involve intellectual property considerations

4. Confidentiality: Include when parties need to exchange sensitive information

5. Force Majeure: Include when specific force majeure events need to be addressed

6. Assignment and Subcontracting: Include when rights to assign or subcontract need to be specifically addressed

7. Dispute Resolution: Include when specific dispute resolution mechanisms (e.g., arbitration) are required

What schedules should be included in a Reverse Purchase Agreement?

1. Schedule 1 - Goods Description: Detailed specification of goods subject to the reverse purchase arrangement

2. Schedule 2 - Pricing Schedule: Detailed pricing structure, including any adjustments or calculations

3. Schedule 3 - Delivery Schedule: Timing and logistics of deliveries and repurchases

4. Schedule 4 - Quality Standards: Detailed quality requirements and testing procedures

5. Schedule 5 - Form of Purchase Order: Standard form for issuing purchase orders under the agreement

6. Schedule 6 - Storage Requirements: Specific storage and handling requirements if applicable

7. Appendix A - Contact Details: Key contact persons and their details for both parties

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

Jurisdiction

Malaysia

Publisher

Genie AI

Document Type

Purchase Agreement

Cost

Free to use
Relevant Industries

Manufacturing

Retail

Wholesale Trade

Electronics

Automotive

Consumer Goods

Commodities

Agriculture

Pharmaceutical

Industrial Equipment

Textiles

Food and Beverage

Relevant Teams

Legal

Finance

Procurement

Supply Chain

Operations

Treasury

Risk Management

Commercial

Logistics

Compliance

Relevant Roles

Supply Chain Manager

Procurement Director

Commercial Director

Chief Financial Officer

Legal Counsel

Contract Manager

Treasury Manager

Operations Manager

Inventory Manager

Risk Manager

Finance Director

Business Development Manager

Logistics Manager

Industries
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

Lease Option To Buy Contract

A Malaysian law-governed agreement combining property lease terms with a future purchase option, establishing rights and obligations for both lessor and lessee/potential buyer.

find out more

Legal Purchase Agreement

A Malaysian law-governed agreement documenting the terms and conditions for the sale and purchase of goods, assets, or property between parties.

find out more

Exclusive Buyer Agreement

A Malaysian law-governed agreement establishing an exclusive relationship between a buyer and real estate agent for property acquisition services.

find out more

Discount Agreement

A Malaysian law-governed agreement establishing discount terms and conditions between commercial parties, including discount structures, thresholds, and implementation processes.

find out more

Website Sale Agreement

A Malaysian law-governed agreement for the sale and transfer of website ownership, including all associated digital assets and intellectual property.

find out more

Securities Purchase Agreement

Malaysian law-governed agreement for the purchase and sale of securities, complying with local regulatory requirements and market practices.

find out more

Equity Investment Contract

A Malaysian law-governed agreement detailing terms and conditions for equity investment in a company, including share allocation, investor rights, and protective provisions.

find out more

Used Car Purchase Agreement

A Malaysian law-governed agreement for the sale and purchase of a used vehicle, detailing terms, conditions, and ownership transfer requirements.

find out more

Car Purchase Contract

A Malaysian law-governed agreement for the sale and purchase of a motor vehicle, detailing terms of sale, vehicle specifications, and ownership transfer requirements.

find out more

Agreement For Hire Purchase Of A Motor Vehicle

A Malaysian law-governed agreement for the purchase of motor vehicles through installment payments, regulated by the Hire-Purchase Act 1967.

find out more

Agreement For Advance Payment For Purchase Of House

A Malaysian law-governed agreement establishing terms for advance payments in house purchases, protecting both buyer and seller interests.

find out more

Heavy Equipment Purchase Agreement

Malaysian-law governed agreement for heavy equipment purchase, detailing specifications, terms, warranties, and compliance requirements.

find out more

Shares Agreement

A Malaysian law-governed agreement detailing the terms and conditions for the transfer of shares between parties, ensuring legal compliance and protection of stakeholders' interests.

find out more

Car Lease To Own Agreement

A Malaysian law-governed agreement establishing terms for vehicle lease-to-own arrangements, compliant with the Hire-Purchase Act 1967.

find out more

Equipment Purchase Contract

Malaysian law-governed agreement for equipment purchase, covering specifications, payment terms, and delivery conditions under local commercial regulations.

find out more

Offer To Purchase Agreement

A Malaysian legal document presenting a formal offer to purchase property, outlining key terms and conditions under Malaysian law.

find out more

Business Sale Contract

A Malaysian law-governed agreement for the sale and purchase of a business, covering all aspects of ownership transfer and related obligations.

find out more

Public Offer Agreement

A Malaysian law-governed agreement setting out terms and conditions for public offers of products or services to potential customers.

find out more

Buyback Agreement

A Malaysian law-governed agreement setting out terms for the repurchase of assets, shares, or securities, complying with local corporate and securities regulations.

find out more

Standby Bond Purchase Agreement

A Malaysian law-governed agreement establishing a financial institution's commitment to purchase bonds under specified conditions, providing liquidity support for bond issuances.

find out more

Sale Agreement For House

A Malaysian law-governed agreement for the sale and purchase of residential property, detailing terms, conditions, and obligations of both parties.

find out more

Lease Agreement With Option To Purchase

A Malaysian law-governed agreement combining property lease terms with an option for the tenant to purchase the property under specified conditions.

find out more

Contingent Purchase Agreement

A Malaysian law-governed agreement for conditional purchase transactions, specifying terms and contingencies that must be met before purchase completion.

find out more

Auto Purchase Contract

A Malaysian law-governed contract for the sale and purchase of motor vehicles, detailing terms, conditions, and obligations of all parties involved.

find out more

Agreement For Advance Payment For Purchase Of Goods

A Malaysian law-governed agreement establishing terms for advance payment in goods purchase, including payment security, delivery terms, and quality specifications.

find out more

Advance Agreement For Land Purchase

A Malaysian law-governed agreement establishing terms for land purchase with advance payments, structured under the National Land Code 1965.

find out more

Purchase Agreement Letter

A legally binding document under Malaysian law that outlines the terms and conditions of a purchase transaction in letter format.

find out more

Partnership Purchase Agreement

A Malaysian law-governed agreement for the purchase and transfer of partnership interests, including terms, conditions, and compliance requirements.

find out more

Non Binding Letter Of Intent To Purchase Product

A Malaysian law-governed preliminary document expressing non-binding intent to purchase specific products, outlining basic terms without creating legal obligations.

find out more

Dealer Purchase Agreement

A Malaysian law-governed agreement establishing terms and conditions between a supplier and dealer for product distribution and sales.

find out more

Cross Purchase Agreement

A Malaysian law-governed agreement establishing procedures and obligations for remaining shareholders to purchase shares from departing shareholders upon specified trigger events.

find out more

Buy Tenancy Agreement

A Malaysian legal document establishing rental terms and conditions between landlord and tenant, governed by Malaysian property and contract law.

find out more

Truck Purchase Agreement

A Malaysian law-governed agreement for the sale and purchase of commercial trucks, covering specifications, price, delivery, warranties, and regulatory compliance.

find out more

Intent To Buy Contract

A Malaysian law-governed preliminary agreement documenting a potential buyer's formal intention to purchase an asset, subject to conditions and due diligence.

find out more

Purchasers Agreement

A Malaysian law-governed agreement that establishes terms and conditions for purchase transactions, detailing rights and obligations of purchaser and seller.

find out more

Receivable Purchase Agreement

A Malaysian law-governed agreement documenting the sale and transfer of receivables from a seller to a purchaser, detailing transfer terms, price mechanisms, and parties' obligations.

find out more

Letter Of Intent For Purchase Order

A Malaysian law-governed preliminary document expressing intent to proceed with a purchase order, outlining key commercial terms while maintaining a generally non-binding nature.

find out more

High Purchase Agreement Form

A Malaysian law-compliant agreement for purchasing goods through installments, where ownership transfers upon final payment, regulated by the Hire Purchase Act 1967.

find out more

Business Buyout Agreement

A Malaysian law-governed agreement facilitating the complete transfer of business ownership between parties, including all relevant terms, conditions, and regulatory compliance requirements.

find out more

Model Stock Purchase Agreement

A Malaysian law-governed agreement setting out terms and conditions for the purchase and sale of shares in a company, including price, warranties, and completion mechanics.

find out more
See more related templates

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

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now