Industrial Hire Purchase Agreement Sample Contracts

TERMS AND CONDITIONS OF INDUSTRIAL HIRE PURCHASE AGREEMENT
Industrial Hire Purchase Agreement • December 17th, 2021

The Hong Leong Industrial Auto Financing facility is granted to the Hirer described in Part I of the Industrial Hire Purchase Agreement by HONG LEONG BANK BERHAD a company incorporated in Malaysia with its registered address at Level 30, Menara Hong Leong, No. 6, Jalan Damanlela, Bukit Damansara, 50490 Kuala Lumpur (hereinafter called ‘the Owner’ which expression shall where the context so admits include its successors and assigns) in respect of the goods hereunder (“Goods”) and upon the terms and conditions of the Industrial Hire Purchase Agreement as follows (“Agreement”). On disbursement of the industrial hire purchase facility, the hiring of the Goods upon the terms and conditions set out in this Agreement shall deemed to commence on the date stated in the Appendix.

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