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The Credit Loan Agreement is a fundamental document in Malaysian banking and finance, used when a lender extends credit to a borrower under Malaysian law. It's essential for both commercial and personal lending, providing a comprehensive framework for the lending relationship. The agreement must comply with Malaysian banking regulations, including the Financial Services Act 2013, Moneylenders Act 1951, and where applicable, Islamic banking principles. It typically includes detailed provisions on loan amount, purpose, interest calculation, repayment terms, events of default, and security arrangements. This document is crucial for risk management and protecting both lender and borrower interests, particularly in Malaysia's diverse financial services landscape where both conventional and Islamic banking operate in parallel.

1. Parties: Identifies and defines the Lender and Borrower with complete legal names, registration numbers (if applicable), and addresses

2. Background: Explains the context of the loan agreement, including the Borrower's request for credit and the Lender's agreement to provide it

3. Definitions: Defines key terms used throughout the agreement including 'Facility', 'Interest Rate', 'Event of Default', etc.

4. Facility Amount and Purpose: Specifies the loan amount, currency, and permitted purpose of the loan

5. Interest and Fees: Details the interest rate, calculation method, payment periods, and any applicable fees

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

7. Security and Guarantees: Describes any collateral, security interests, or guarantees required to secure the loan

8. Conditions Precedent: Lists conditions that must be satisfied before the loan can be drawn

9. Representations and Warranties: Sets out the Borrower's confirmations regarding their legal and financial status

10. Covenants: Details positive and negative obligations of the Borrower during the loan term

11. Events of Default: Lists circumstances that would constitute default and the Lender's remedies

12. Miscellaneous: Contains standard boilerplate provisions including notices, amendments, governing law, etc.