Terms and Conditions of Hire Purchase-I Agreement Sample Contracts

TERMS AND CONDITIONS OF HIRE PURCHASE-i AGREEMENT
Terms and Conditions of Hire Purchase-I Agreement • December 21st, 2021

The Hong Leong Auto Financing-i facility is granted to the Hirer described in Part I of the Hire Purchase-i Agreement by HONG LEONG ISLAMIC 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 Hire Purchase-i Agreement as follows (“Agreement”). On disbursement of the hire purchase-i facility, the hiring of the Goods shall be deemed to commence on the date stated in the Appendix.

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