PRINCIPAL AND SECONDARY INSTRUMENTS. IT IS XXXXXX AGREED AND DECLARED THAT this Assignment is among the instruments employed in one transaction relating to the Facility for the purpose of Section 4(3) of the Stamp Act, 1949 (Consolidated and Revised, 1989) and for the purpose of the said Section this Assignment is deemed to be the secondary or subsidiary instruments. [The remaining space of this page has been intentionally left blank] EXECUTION
PRINCIPAL AND SECONDARY INSTRUMENTS. IT IS HEREBY AGREED AND DECLARED that the Security Documents are all instruments employed in one transaction relating to the Sale Price and for the purpose of Section 4(3) of Stamp Act, 1949, (Consolidated and Revised in 1989), the Property Sale Agreement shall be deemed to be the principal instrument and the other Security Documents shall be the secondary or subsidiary instruments.
PRINCIPAL AND SECONDARY INSTRUMENTS. IT IS HEREBY AGREED AND DECLARED THAT this Assignment and other Security Documents are all instruments employed in one transaction to secure the Indebtedness within the meaning of Section 4(3) of the Stamp Act, 1949 [Consolidated and Revised 1989] of the States of Malaysia. For the purpose of the said Section, the Facility Agreement is deemed to be the primary or principal instrument and this Assignment and the other Security Documents are considered as the secondary instruments. [End of clauses] EXECUTION
PRINCIPAL AND SECONDARY INSTRUMENTS. IT IS HEREBY AGREED AND DECLARED THAT this Agreement and the Security Documents and the Assignment are instruments employed in one transaction to secure such principal sum as the ad valorem stamp duty paid and endorsed on the Original of this Agreement together with all interest thereon monies and liabilities covenanted or agreed to be paid or payable by the Borrower under or in connection with or arising from the Operating Overdraft Facility and/or the Non-Revolving Loan and/or the Revolving Term Loan within the meaning of Section 4(3) of the Xxxxx Xxx, 0000 and for the purpose of the said Section, this Agreement is deemed to be the Primary or Principal instrument and the other Security Documents and the Assignment are deemed to be the Auxiliary or Secondary instruments.
PRINCIPAL AND SECONDARY INSTRUMENTS. IT IS HEREBY AGREED AND DECLARED THAT this Charge is a secondary instrument employed in one transaction to secure the Selling Price within the meaning of Section 4(3) of the Stamp Act, 1949 (Consolidated and Revised, 1989) and for the purpose of the said Section, this Charge is deemed to be the secondary instrument . IT IS FURTHER AGREED AND DECLARED THAT the Said Property as described in the FIRST SCHEDULE is identical with the Property re ferred to in the Property Sale Agreement. ************ (End of this page is intentionally left blank) IMPORTANT NOTICE Please take note that signatories to this document may be held liable instead of the Customer togeth er with the Chargor to the Chargee for the amount due by the Customer to the Chargee and guaranteed/ secured by this document. Signatories to this document are advised to seek independent legal advise before signing this document.
PRINCIPAL AND SECONDARY INSTRUMENTS. This Assignment and the Security Documents are instruments employed in one transaction to secure the payment of the Indebtedness within the meaning of Section 4(3) of the Stamp Act 1949, and for the purpose of the said section, the Facility Agreement is the principal instrument and this Assignment is deemed to be a secondary or collateral instrument. - End of Page -
PRINCIPAL AND SECONDARY INSTRUMENTS. IT IS HEREBY AGREED AND DECLARED THAT this Agreement and other Security Documents are all instruments employed in one transaction to secure the due performance of the Company of its obligations hereunder and the Security Documents within the meaning of Section 4(3) of the Xxxxx Xxx, 0000 (Consolidated and Revised 1989) of Malaysia, and for the purpose of the said Section, this Agreement is deemed to be the principal instrument. FIRST SCHEDULE (which shall be taken and construed as an integral part of this Agreement) Item Matter Particulars 1. Date of Facilities Agreement 2. (a) Registered address of the Bank (b) Business/branch address of the Bank HSBC Bank Malaysia Berhad Xx. 0, Xxxxx Xxxxxx 00000 Xxxxx Xxxxxx 3. Name and description of the Company Registered Office:- Business Address:- 4. Particulars of Facilities the 5. Description of Security Documents and parties 6. (a) Address Service of Bank: for the HSBC Bank Malaysia Berhad Xx. 0, Xxxxx Xxxxxx 00000 Xxxxx Xxxxxx (b) Address Service of Company: for the 7. Date of Letter of Offer SECOND SCHEDULE (which shall be taken and construed as an integral part of this Agreement)
PRINCIPAL AND SECONDARY INSTRUMENTS. This Charge and the Security Documents are instrument employed in one transaction to secure the payment of the Indebtedness within the meaning of Section 4(3) of the Xxxxx Xxx 0000, and for the purpose of the said section, the Facility Agreement is the principal instrument and this Charge is deemed to be a secondary or collateral instrument. - End of Page -
PRINCIPAL AND SECONDARY INSTRUMENTS. IT IS HEREBY AGREED AND DECLARED THAT this Charge is a secondary instrument employed in one transaction to secure the Selling Price within the meaning of Section 4(3) of the Stamp Act, 1949 (Consolidated and Revised, 1989) and for the purpose of the said Section, this Charge is deemed to be the secondary instrument. ************ (End of this page is intentionally left blank) IMPORTANT NOTICE Please take note that signatories to this document may be held liable instead of the Customer together with the Customer to the Chargee for the amount due by the Customer to the Chargee and guaranteed/secured by this document. Signatories to this document are advised to seek independent legal advise before signing this document.
PRINCIPAL AND SECONDARY INSTRUMENTS. It is hereby declared that this Charge and the Loan Agreement executed on even date are instruments used in one transaction within the meaning of Section 4(3) of the Stamp Act 1949 in the States of Malaya and for the purpose of the said Section this instrument shall be the Subsidiary Instrument. (The remaining part of this page is intentionally left blank )
