Third Party Loan Agreement for Malaysia

Third Party Loan Agreement Template for Malaysia

A Malaysian Third Party Loan Agreement is a comprehensive legal document governed by Malaysian law that establishes a lending arrangement between three main parties: a lender, a borrower, and a third party who provides additional security or guarantee for the loan. The agreement complies with Malaysian financial regulations, including the Financial Services Act 2013 and Contracts Act 1950, and can be structured to accommodate both conventional and Islamic banking requirements. It details the loan terms, repayment obligations, security arrangements, and the specific roles and responsibilities of all parties involved, with particular emphasis on the third party's obligations and liability.

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
Third Party Loan 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 Third Party Loan Agreement?

The Third Party Loan Agreement is a crucial financing document used in Malaysian business and personal lending transactions where additional security or guarantee is required beyond the borrower's direct obligations. This agreement is particularly relevant when the primary borrower's creditworthiness needs to be supplemented by third-party support, whether through additional collateral, guarantees, or other security arrangements. The document must comply with Malaysian banking regulations, including the Financial Services Act 2013 and, where applicable, the Islamic Financial Services Act 2013. It typically includes detailed provisions on loan terms, security arrangements, enforcement mechanisms, and the specific obligations of all parties. The agreement is commonly used in both corporate and individual lending scenarios and can be adapted for various financing purposes, from business expansion to property acquisition.

What sections should be included in a Third Party Loan Agreement?

1. Parties: Identifies and defines all three parties: the Lender, the Borrower, and the Third Party, including their full legal names and addresses

2. Background: Explains the context of the loan agreement and the role of the third party

3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets out rules for interpretation

4. The Facility: Details of the loan amount, purpose, and drawdown conditions

5. Interest and Fees: Specifies interest rate, calculation method, and any applicable fees

6. Repayment Terms: Sets out the repayment schedule, method of payment, and prepayment provisions

7. Third Party Obligations: Defines the specific obligations and responsibilities of the third party

8. Representations and Warranties: Statements of fact and assurances from all parties

9. Covenants: Ongoing obligations of the borrower and third party during the loan term

10. Events of Default: Lists circumstances that constitute default and consequences

11. Enforcement: Rights and remedies of the lender in case of default

12. General Provisions: Standard clauses including notices, amendments, governing law, and jurisdiction

What sections are optional to include in a Third Party Loan Agreement?

1. Security Arrangements: Required when the loan is secured by specific assets or guarantees

2. Islamic Banking Provisions: Required for Shariah-compliant loans

3. Insurance Requirements: Include when specific insurance coverage is required for the loan or security

4. Assignment and Transfer: Include when rights to assign or transfer the loan are contemplated

5. Additional Guarantor Provisions: Required when the third party is acting as a guarantor

6. Cross-Default Provisions: Include when linking defaults under other agreements

7. Special Conditions: For any unique terms specific to the transaction

What schedules should be included in a Third Party Loan Agreement?

1. Schedule 1 - Loan Details: Detailed breakdown of loan amount, interest rates, and payment schedule

2. Schedule 2 - Conditions Precedent: List of documents and conditions required before drawdown

3. Schedule 3 - Security Details: Description of any security or collateral provided

4. Schedule 4 - Drawdown Request Form: Standard form for requesting loan disbursement

5. Schedule 5 - Repayment Schedule: Detailed amortization table

6. Appendix A - Required Documents: List of supporting documents required from all parties

7. Appendix B - Compliance Certificates: Forms for periodic compliance certification

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

Financing Agreement

Cost

Free to use
Relevant legal definitions
Relevant Industries

Banking and Financial Services

Real Estate and Property Development

Manufacturing

Trading and Commerce

Construction

Agriculture

Technology and Innovation

Healthcare

Education

Hospitality and Tourism

Transportation and Logistics

Energy and Utilities

Relevant Teams

Legal

Finance

Compliance

Risk Management

Credit Administration

Treasury

Corporate Secretarial

Business Development

Islamic Banking

Operations

Documentation

Loan Administration

Relevant Roles

Chief Financial Officer

Finance Director

Legal Counsel

Compliance Officer

Risk Manager

Credit Manager

Loan Officer

Banking Relationship Manager

Corporate Secretary

Treasury Manager

Financial Controller

Business Development Manager

Islamic Banking Officer

Credit Risk Analyst

Legal Manager

Contract Administrator

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

Financial Loan Agreement

Malaysian-law governed loan agreement establishing terms between lender and borrower, compliant with Malaysian financial regulations and banking requirements.

find out more

Hire Purchase Agreement For Motorcycle

A Malaysian law-governed agreement for motorcycle financing through installment payments, regulated under the Hire Purchase Act 1967.

find out more

Business Investment Loan Agreement

A Malaysian law-governed agreement establishing terms and conditions for a business investment loan between a lender and corporate borrower.

find out more

Pro Forma Loan Agreement

A comprehensive loan agreement template compliant with Malaysian banking and contract law, suitable for various lending transactions.

find out more

Private Lender Loan Agreement

A Malaysian law-governed loan agreement between private lenders and borrowers, establishing terms for lending, repayment, and security.

find out more

Loan Agreement Between Companies

A Malaysian law-governed loan agreement establishing terms for corporate lending between companies, including repayment and interest provisions.

find out more

Two Party Loan Agreement

A Malaysian law-governed agreement establishing terms and conditions for a loan between two parties, including loan amount, interest rates, and repayment obligations.

find out more

Master Securities Loan Agreement

A Malaysian law-governed agreement establishing terms for securities lending transactions between financial institutions, compliant with local securities regulations and market practices.

find out more

Co Financing Agreement

A Malaysian law-governed agreement establishing terms and conditions for multiple financial institutions to jointly provide financing facilities to a borrower.

find out more

Litigation Funding Agreement

A Malaysian law-governed agreement establishing terms for third-party funding of litigation or arbitration proceedings, including funding commitments and return structures.

find out more

Loan Facilitation Agreement

Malaysian law-governed agreement establishing terms for loan facilitation services between financial institutions and service providers.

find out more

Loan Participation Agreement

A Malaysian law-governed agreement establishing terms for the sale and purchase of participation interests in a loan facility between financial institutions.

find out more

Loan And Mortgage Agreement

A Malaysian law-governed agreement combining loan facilities with property mortgage security, detailing lending terms and security arrangements in compliance with local regulations.

find out more

Loan Agreement Deed

A Malaysian law-governed deed establishing a formal loan arrangement between parties, detailing loan terms, security, and enforcement mechanisms.

find out more

Hire Purchase Agreement For Car

A Malaysian law-governed agreement for vehicle financing through hire purchase arrangements, enabling structured payments while the finance company retains ownership until full payment.

find out more

Car Payment Takeover Agreement

Malaysian-law governed agreement for transferring vehicle payment obligations from an existing buyer to a new buyer, with financing institution consent.

find out more

Car Installment Contract

A Malaysian law-governed agreement for vehicle purchase through installment payments, setting out payment terms, ownership conditions, and parties' rights and obligations.

find out more

Vehicle Payment Plan Agreement

A Malaysian law-compliant agreement outlining terms and conditions for vehicle purchase through structured installment payments.

find out more

Undertaking Loan Agreement

A Malaysian law-governed agreement establishing loan terms between lender and borrower, including facility details, repayment obligations, and security arrangements.

find out more

Trade Finance Facility Agreement

A Malaysian law-governed agreement establishing trade finance facilities between a bank and corporate borrower, covering various trade finance products and compliance requirements.

find out more

Simple Unsecured Loan Agreement

A Malaysian law-governed agreement establishing terms for an unsecured loan between parties, detailing loan amount, interest, and repayment terms without requiring collateral.

find out more

Real Estate Loan Agreement

A Malaysian law-governed agreement establishing terms for a property-backed loan, including loan amount, interest, repayment terms, and security arrangements.

find out more

Project Finance Contract

A Malaysian law-governed agreement establishing terms for long-term project financing, including security arrangements and operational requirements.

find out more

Official Loan Agreement

A Malaysian-law governed agreement establishing formal lending terms between parties, compliant with local financial regulations and lending practices.

find out more

Mezzanine Loan Agreement

Malaysian law-governed agreement for mezzanine financing, combining debt and equity features with subordination to senior debt.

find out more

Master Loan Agreement

A Malaysian law-governed agreement establishing terms and conditions for multiple loans between a lender and borrower, compliant with Malaysian banking and financial services regulations.

find out more

Margin Loan Agreement

Malaysian law-governed agreement for margin lending facilities secured against securities, outlining lending terms and collateral requirements.

find out more

Loan Borrower Agreement

A Malaysian law-governed agreement establishing terms and conditions for lending arrangements between a lender and borrower, including loan terms, security, and enforcement provisions.

find out more

Installment Loan Agreement

A Malaysian law-governed agreement establishing terms for a loan repayable in scheduled installments, detailing amount, interest, repayment terms, and enforcement provisions.

find out more

Financing Contract Agreement

A Malaysian law-governed agreement establishing terms and conditions for financial facilities between lender and borrower, compliant with local banking regulations.

find out more

Financial Support Agreement

A Malaysian law-governed agreement establishing terms for financial support between parties, including payment terms and regulatory compliance requirements.

find out more

Financial Assistance Agreement

A Malaysian law-governed agreement establishing terms for financial assistance between a provider and recipient, including disbursement, repayment, and compliance requirements.

find out more

Financial Agreement Between Two Parties

Malaysian law-governed financial agreement template establishing terms and conditions for financial arrangements between two parties.

find out more

Equipment Lease Purchase Option

Malaysian law-governed agreement for equipment leasing with a purchase option, defining lease terms, maintenance obligations, and purchase conditions.

find out more

Car Installment Agreement

A Malaysian law-compliant agreement for vehicle purchase through installment payments, detailing financial terms, ownership rights, and obligations between parties.

find out more

Car Finance Contract

A Malaysian law-governed agreement for vehicle financing between a financial institution and purchaser, establishing terms for vehicle purchase, payment, and ownership.

find out more

Business To Business Loan Agreement

A Malaysian law-governed agreement establishing terms for a business loan between companies, including loan amount, interest, repayment terms, and security arrangements.

find out more

Business Loan Contract

A Malaysian law-governed agreement establishing terms and conditions for a business loan between a financial institution and commercial borrower.

find out more

Bridge Facility Agreement

A Malaysian law-governed agreement for temporary financing that bridges the gap between immediate capital needs and permanent financing arrangements.

find out more

Basic Loan Agreement Between Friends

A Malaysian law-governed loan agreement template for friendly lending arrangements, providing essential legal protections while maintaining informality.

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