PRIVACY CLAUSE. 30.1 I/ We hereby confirms that I/ we have read, understood and agreed to be bound by the CIMB Group Privacy Notice (which is available at ▇▇▇.▇▇▇▇.▇▇▇.▇▇) and the clauses herein, as may relate to the processing of the my/ our personal information. For the avoidance of doubt, I/ we agree that the said Privacy Notice shall be deemed to be incorporated by reference into these Terms and Conditions. 30.2 In the event I/ we provide personal and financial information relating to third parties, including information relating to my/ our next-of-kin and dependents, for the purpose of opening or operating the my/ our account(s)/facility(ies) with the Bank or otherwise subscribing to the Bank’s products and services, I/ we (a) confirm that I/ we have obtained their consent or are otherwise entitled to provide this information to the Bank and for the Bank to use it in accordance with these Terms and Conditions; (b) agree to ensure that the personal and financial information of the said third parties is accurate; (c) agree to update the Bank in writing if there is any material change to the said personal and financial information; and (d) agree to the Bank’s right to terminate this Account should such consent b withdrawn by any of the said third parties. s n 30.3 Where I/ we instruct the Bank to effect any sort of cross-border transaction (including to make or receive payments), the detail relevant to the cross-border transaction (including informatio relating to those involved in the said transaction) may be received from or sent abroad, where it could be accessible (whether directly or indirectly) by overseas regulators and authorities in connection with their legitimate duties (e.g. the prevention of crime). In instructing the Bank and/or our agents to enter into any cross-border transaction on my/ our behalf, I/ we agree to the above said disclosures on behalf of me/ us and others involved in the said cross-border transaction. e t 30.4 The Bank may at any time and from time to time now and/or in the future carry out the necessary reference checks including but not limited to credit reporting/reference checks with credit reporting/reference agencies, including but not limited to CCRIS, FIS and/or any other agencies and/or from any financial institution to enable the Bank to ascertain my/ our status as may be required to help make decisions, for example when the Bank needs to (a) check details on applications for credit and credit- related or other facilities; (b) manage credit and credit-related accounts or facilities, including conducting reviews of the account holder’s portfolio(s); (c) recover debts; and/or (d) any purpose related to or in connection with the account/facility under thes Terms and Conditions. I/ we will be linked by credi reporting/reference agencies to any other names I/ we use or have used, and any joint and several applicants. The Bank may also share information about me/ us and how I/ we manage my/ our account(s)/facility(ies) with relevant credit reporting/reference agencies, and for any of these credit reporting/reference agencies to disclose my/ our credit information to its subscribers for purposes of fraud detection and fraud prevention. 30.5 Even after I/ we have provided the Bank with any information, I/ we will have the option to withdraw the consent given earlier, except where such disclosure of my/our information is necessary for the provision of the eGIA and/or related services or the performance of the contract with me/us to comply with contractual requirements or to comply with any legal requirements. 30.6 For the purposes of this Clause 30, the CIMB Group consists of CIMB Group Holdings Berhad and all its related companies as defined in Section 7 of the Companies Act 2016 and jointly controlled companies that provide financial and other regulated services, excluding companies, branches, offices and other forms of presence operating outside Malaysia, and the use of the words “the Bank” and “the Bank’s” are to be read as references to the CIMB Group. 30.7 This clause shall be without prejudice to any other clause in these Terms and Conditions which provides for the disclosure of information.
Appears in 3 contracts
Sources: Cimb Bank E Gold Investment Account Agreement, Cimb Bank E Gold Investment Account Agreement, Cimb Bank E Gold Investment Account Agreement
PRIVACY CLAUSE. 30.1 I/ We hereby (a) The Customer confirms that I/ we have having read, understood and agreed to be bound by the CIMB Group Privacy Notice of AmBank Group (which is available at ▇▇▇.▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇) and the clauses herein, as may relate to the processing of the my/ our Customer’s personal information. For the avoidance of doubt, I/ we agree the Customer agrees that the said Privacy Notice shall be deemed to be incorporated by reference into these Terms and Conditionsthis Agreement.
30.2 (b) In the event I/ we provide the Customer provides personal and and/or financial information relating to third parties, including but not limited to information relating to my/ our the Customer’s next-of-kin and kin, dependents, authorised signatories, directors, shareholders, officers, and Security Parties for the purpose of opening or operating the my/ our account(s)/facility(ies) with Facility, the Bank or otherwise subscribing to the Bank’s products and services, I/ weCustomer:
(ai) confirm that I/ we have the Customer has obtained their consent or are otherwise entitled to provide this the information to the Bank and for the Bank to use it in accordance with these Terms this Agreement and Conditions; to provide information on the Bank’s products, services and/or offers (binclusive of the products, services and offers of the other entities within AmBank Group) which the Bank and/or entity within AmBank Group believe may be of interest and/or beneficial to them;
(ii) agree to ensure that the personal and financial information of the said third parties is accurate; ;
(ciii) agree to update the Bank in writing if there is in the event of any material change to the said personal and financial information; and and
(div) agree to the Bank’s right to terminate this Account the Facility should such consent b be withdrawn by any of the said third parties. s n.
30.3 (c) Where I/ we the Customer instruct the Bank to effect any sort of cross-border transaction (including to make or receive payments), the detail details relevant to the cross-border transaction (including informatio information relating to those involved in the said transaction) may be received from or sent abroad, where it could be accessible (whether directly or indirectly) by the Bank’s agents abroad, overseas regulators and and/or authorities in connection with their legitimate duties (e.g. the prevention of crime). In instructing the Bank and/or our agents to enter into any cross-border transaction on my/ our the Customer’s behalf, I/ we the Customer agree to the above said disclosures on behalf of me/ us the Customer and others involved in the said cross-border transaction.
(d) Additionally, but always subject to any laws, (including regulations, guidelines and/or obligations) applicable to the Bank (whether in or outside Malaysia), the Customer agree that other companies in AmBank Group, their merchants and strategic partners may contact the Customer about products, services and offers, which the Bank and AmBank Group believe may be of interest or beneficial to the Customer.
(e) The Bank and AmBank Group may communicate with the Customer through various channels, including telephone, e-mail, electronic / mobile messaging, facsimile or post, using the contact information the Customer has provided.
(f) The Customer may inform the Bank at any time if the Customer do not wish to receive marketing communications from the Bank, AmBank Group and/or their merchants and business partners, by contacting the Bank at the various channels given below:
(i) Customer Service Officer
(ii) Phone : ▇▇▇▇ ▇▇ ▇▇▇▇ (Domestic) or (▇▇▇) ▇▇▇▇ ▇▇▇▇ (Overseas) [24 hours]
(iii) E-mail : ▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇
(iv) Post : Privacy, AmBank ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇.▇. e t▇▇▇ ▇▇. ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
30.4 (g) The Customer’s latest written instructions to the Bank will prevail. The Customer acknowledges that certain communications such as the statements of Facility to the Customer and AmBank Group’s websites may contain standard information regarding other products and services of the Bank and AmBank Group that cannot be removed without affecting the delivery / operation provision of the Facility and/or without additional costs to the Customer.
(h) The Bank may at any time and from time to time now and/or in the future carry out the necessary reference checks including but not limited to use a credit reporting/reference checks with credit reporting/reference agencies, including but not limited to CCRIS, FIS and/or any other agencies and/or from any financial institution to enable the Bank to ascertain my/ our status as may be required reporting agency to help make decisions, for example when the Bank needs to to:
(ai) check details on applications for credit the Facility, financing and credit- financing-related or other facilitiesfacilities granted to the Customer;
(ii) managing and reviewing the Facility; and/or
(b) manage credit and credit-related accounts or facilities, including conducting reviews of the account holder’s portfolio(s); (ciii) recover debts; and/or debts owed by the Customer.
(di) any purpose related to or in connection with the account/facility under thes Terms and Conditions. I/ we The Customer will be linked by credi reporting/reference credit reporting agencies to any other names I/ we use the Customer uses or have may had used, and any joint and several applicants. The Bank may also share information about me/ us Customer and how I/ we manage my/ our account(s)/facility(ies) Customer manages the Customer’s liabilities and obligations under this Agreement with relevant credit reporting/reference reporting agencies, and for any of these credit reporting/reference agencies to disclose my/ our credit information to its subscribers for purposes of fraud detection and fraud prevention.
30.5 (j) Even after I/ we have the Customer has provided the Bank with any information, I/ we the Customer will have the option to withdraw the consent given earlier. In such instances, except where such disclosure of my/our information is necessary for the Bank will have the right to not provide or discontinue the provision of the eGIA and/or related services or the performance of the contract Facility that is/are linked with me/us to comply with contractual requirements or to comply with any legal requirementssuch information.
30.6 For (k) The Bank reserves the purposes of right to amend this Clause 30, the CIMB Group consists of CIMB Group Holdings Berhad and all its related companies as defined in Section 7 of the Companies Act 2016 and jointly controlled companies that provide financial and other regulated services, excluding companies, branches, offices and other forms of presence operating outside Malaysia, and the use of the words “from time to time at the Bank” and “the Bank’s” are to be read as references ’s sole discretion by providing notice to the CIMB GroupCustomer.
30.7 (l) This clause section shall be without prejudice to any other clause in these Terms and Conditions which provides for the disclosure Section 15.22 (Disclosure of informationInformation) of this Agreement.
Appears in 2 contracts
Sources: Master Facility Agreement, Master Facility Agreement
PRIVACY CLAUSE. 30.1 I/ We hereby (a) The Customer confirms that I/ we have having read, understood and agreed to be bound by the CIMB Group Privacy Notice of AmBank Group (which is available at ▇▇▇.▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇) and the clauses herein, as may relate to the processing of the my/ our Customer’s personal information. For the avoidance of doubt, I/ we agree the Customer agrees that the said Privacy Notice shall be deemed to be incorporated by reference into these Terms and Conditionsthis Deed of Assignment.
30.2 (b) In the event I/ we Customer provide personal and and/or financial information relating to third parties, including but not limited to information relating to my/ our the Customer’s next-of-kin kin, dependants, authorised signatories, directors, shareholders, officers, and dependents, Security Parties for the purpose of opening or operating the my/ our account(s)/facility(ies) with Facility, the Bank or otherwise subscribing to the Bank’s products and services, I/ weCustomer:
(a) i. confirm that I/ we have the Customer has obtained their consent or are otherwise entitled to provide this the information to the Bank and for the Bank to use it in accordance with these Terms this Letter of Offer and Conditions; to provide information on the Bank’s products, services and/or offers (binclusive of the products, services and offers of the other entities within AmBank Group) which the Bank and/or entity within AmBank Group believe may be of interest and/or beneficial to them;
ii. agree to ensure that the personal and financial information of the said third parties is accurate; (c) ;
iii. agree to update the Bank in writing if there is in the event of any material change to the said personal and financial information; and (d) and
iv. agree to the Bank’s right to terminate this Account the Facility should such consent b be withdrawn by any of the said third parties. s n
30.3 (c) Where I/ we Customer instruct the Bank to effect any sort of cross-border transaction (including to make or receive payments), the detail details relevant to the cross-border transaction (including informatio information relating to those involved in the said transaction) may be received from or sent abroad, where it could be accessible (whether directly or indirectly) by the Bank’s agents abroad, overseas regulators and and/or authorities in connection with their legitimate duties (e.g. the prevention of crime). In instructing the Bank and/or our agents to enter into any cross-cross- border transaction on my/ our the Customer’s behalf, I/ we Customer agree to the above said disclosures on behalf of me/ us the Customer and others involved in the said cross-border transaction.
(d) Additionally, but always subject to any laws, (including regulations, guidelines and/or obligations) applicable to the Bank (whether in or outside Malaysia), Customer agree that other companies in AmBank Group, their merchants and strategic partners may contact the Customer about products, services and offers, which the Bank and AmBank Group believe may be of interest or beneficial to the Customer.
(e) The Bank and AmBank Group may communicate with Customer through various channels, including telephone, e-mail, electronic / mobile messaging, facsimile or post, using the contact information Customer has provided.
(f) Customer may inform the Bank at any time if Customer do not wish to receive marketing communications from the Bank, AmBank Group and/or their merchants and business partners, by contacting the Bank at the various channels given below:
i. Customer Service Officer
ii. e tPhone : ▇▇▇▇ ▇▇ ▇▇▇▇ (Domestic) or (▇▇▇) ▇▇▇▇ ▇▇▇▇ (Overseas) [24 hours]
30.4 iii. E-mail : ▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇
iv. Post : Privacy, AmBank Contact Centre, P.O. Box No. 12617, 50784 Kuala Lumpur
(g) Customer’s latest written instructions to the Bank will prevail. Customer acknowledges that certain communications such as the statements of Facility to the Customer and AmBank Group’s websites may contain standard information regarding other products and services of the Bank and AmBank Group that cannot be removed without affecting the delivery / operation provision of the Facility and/or without additional costs to Customer.
(h) The Bank may at any time and from time to time now and/or in the future carry out the necessary reference checks including but not limited to use a credit reporting/reference checks with credit reporting/reference agencies, including but not limited to CCRIS, FIS and/or any other agencies and/or from any financial institution to enable the Bank to ascertain my/ our status as may be required reporting agency to help make decisions, for example when the Bank needs to (a) to:
i. check details on applications for credit the Facility, financing and credit- financing-related or other facilitiesfacilities granted to the Customer;
ii. managing and reviewing the Facility; and/or
iii. recover debts owed by the Customer.
(bi) manage credit and credit-related accounts or facilities, including conducting reviews of the account holder’s portfolio(s); (c) recover debts; and/or (d) any purpose related to or in connection with the account/facility under thes Terms and Conditions. I/ we Customer will be linked by credi reporting/reference credit reporting agencies to any other names I/ we Customer use or have may had used, and any joint and several applicants. The Bank may also share information about me/ us Customer and how I/ we manage my/ our account(s)/facility(ies) Customer manages the Facility with relevant credit reporting/reference reporting agencies, and for any of these credit reporting/reference agencies to disclose my/ our credit information to its subscribers for purposes of fraud detection and fraud prevention.
30.5 (j) Even after I/ we have Customer has provided the Bank with any information, I/ we Customer will have the option to withdraw the consent given earlier. In such instances, except where such disclosure of my/our information is necessary for the Bank will have the right to not provide or discontinue the provision of the eGIA and/or related services or the performance of the contract Facility that is/are linked with me/us to comply with contractual requirements or to comply with any legal requirementssuch information.
30.6 For (k) The Bank reserves the purposes of right to amend this Clause 30, the CIMB Group consists of CIMB Group Holdings Berhad and all its related companies as defined in Section 7 of the Companies Act 2016 and jointly controlled companies that provide financial and other regulated services, excluding companies, branches, offices and other forms of presence operating outside Malaysia, and the use of the words “from time to time at the Bank” and “the Bank’s” are to be read as references ’s sole discretion by providing notice to the CIMB GroupCustomer.
30.7 This clause shall be without prejudice to any other clause in these Terms and Conditions which provides for the disclosure of information.
Appears in 1 contract
Sources: Deed of Assignment
PRIVACY CLAUSE. 30.1 I/ We hereby confirms 43.1 The Borrower and/or Assignor confirm that I/ we they have respectively read, understood and agreed to be bound by the CIMB Group Privacy Notice (which is available at ▇▇▇.▇▇▇▇.▇▇▇.▇▇) and the clauses herein, as may relate to the processing of the my/ our their personal information. For the avoidance of doubt, I/ we both the Borrower and/or Assignor agree that the said Privacy Notice shall will be deemed to be incorporated by reference into these Terms and Conditionsthis Assignment.
30.2 43.2 In the event I/ we provide that the Assignor provides personal and financial information relating to third parties, including information relating to my/ our his or her next-of-kin and dependents, dependents for the purpose of opening or operating the my/ our account(s)/facility(ies) their accounts or facilities with the Bank or otherwise subscribing to the Bank’s products and services, I/ we
the Assignor (a) confirm confirms that I/ we have it has obtained their the third parties’ consent or are is otherwise entitled to provide this the information to the Bank and for the Bank to use it in accordance with these Terms and Conditionsthis Assignment; (b) agree agrees to ensure that the personal and financial information of the said such third parties is accurate; (c) agree agrees to update the Bank in writing if there is in the event of any material change to the said such personal and financial information; and (d) agree to agrees that the Bank’s right to Bank may terminate this Account the Facility should such consent b be withdrawn by any of the said such third parties. s n.
30.3 43.3 Where I/ we instruct the Borrower and/or Assignor instructs the Bank to effect any sort of cross-border transaction (including to make or receive payments), the detail details relevant to the cross-border transaction (including informatio information relating to those involved in the said transaction) may be received from or sent abroad, where it could be accessible (whether directly or indirectly) by overseas regulators and authorities in connection with their legitimate duties (e.g. in relation to the prevention of crime). In instructing the Bank and/or our the Bank’s agents to enter into any cross-such cross- border transaction transaction, the Assignor agrees to such disclosures, on my/ our behalf, I/ we agree to their behalf as well as the above said disclosures on behalf of me/ us and others involved in the said cross-border transaction. e t.
30.4 43.4 The Bank may may, at any time and from time to time now and/or in the future future, carry out the necessary reference checks including but not limited to credit reporting/reference checks with credit reporting/reference agencies, agencies (including but not limited to CCRISthe CTOS, FIS Financial Information Service Sdn Bhd.) and/or any other agencies and/or from any financial institution institutions to enable the Bank to ascertain my/ our the Borrower’s and/or the Assignor’s status as the Bank may be required require to help make any decisions, for example when the Bank needs to (a) check details on in applications for credit and credit- credit-related services or other facilities; (b) manage credit and credit-related accounts or facilities, including conducting reviews of the account holder’s portfolio(s)your portfolios; and/or (c) recover debts; . The Borrower and/or Assignor (das applicable) any purpose related to or in connection with the account/facility under thes Terms and Conditions. I/ we will be linked by credi credit reporting/reference agencies to any other names I/ we they use or have used, and any joint and several applicants. The Assignor agrees that the Bank may also share information about me/ us them and how I/ we they manage my/ our account(s)/facility(ies) their accounts and facilities with relevant credit reporting/reference agencies, and for any of these credit reporting/reference reporting agencies to disclose my/ our the Assignor’s credit information to its subscribers for purposes of fraud detection and fraud prevention.
30.5 43.5 Even after I/ we have the Assignor has provided the Bank with any information, I/ we the Assignor will have the option to withdraw the consent given earlier, except where such disclosure of my/our the Assignor’s information is necessary for the provision of the eGIA Facility and/or related services or the performance of the contract with me/us the Borrower and/or the Assignor to comply with contractual requirements or to comply with any legal requirements.
30.6 43.6 The Bank reserves the right to amend this clause from time to time at its sole discretion and will provide not less than twenty-one (21) days’ prior written notice to the Assignor and place any such amendments on the Bank’s websites and/or by placing notices at the banking halls or at prominent locations within the Bank’s branches.
43.7 For the purposes of this Clause 30clause, the CIMB Group consists of CIMB Group Holdings Berhad and all its “related companies companies” as defined in Section 7 of the Companies Act 2016 2016, and jointly controlled companies that provide financial and other regulated services, excluding companies, branches, offices and other forms of presence operating outside Malaysia, and the use of the words “the Bank” and “the Bank’s” are to be read as references to the CIMB Group.
30.7 43.8 This clause shall will be without prejudice to any other clause in these Terms and Conditions this Assignment which provides for the disclosure of information. AS WITNESS the hands of the Attorney of the Bank and the Assignor the day and year first above written. SIGNED by the abovenamed ) Assignor in the presence of ) …………………………………………………….. Signed for and on behalf of ) CIMB BANK BERHAD ) by its Attorney in the ) in the presence of: ) …………………………………………………….. I, _ , being the Borrower named in this Assignment, hereby acknowledge the terms of this Assignment and covenant to procure the Assignor’s compliance with such terms. SIGNED by the ) BORROWER ) in the presence of: - ) ……………………………………….. Witness ENDORSEMENT OF VENDOR’S/ PROPRIETOR’S/ DEVELOPER’S CONSENT* We, _ _ HEREBY:-
(a) ACKNOWLEDGE that a true copy of this Deed of Assignment has been delivered to us;
(b) IRREVOCABLY AND UNCONDITIONALLY CONSENT to the assignment of the rights title and interest in and to the Property to CIMB BANK BERHAD (the “Bank”) under the Deed of Assignment; and
(c) CONFIRM such assignment has been duly noted in my/our records. We undertake to deliver to the Bank at Credit Support Administration, ▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇, ▇▇. ▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ or at any address as advised by the Bank to us or to the Bank’s solicitors (if so advised by the Bank), the separate issue document of title or strata title to the Property when the same is issued together with the registrable transfer in favour of the Assignor (or other person notified to us by the Bank in writing) and any other documents which it is incumbent upon us to produce to secure the registration of person as the registered proprietor of the Property. SIGNED by ) for and on behalf of ) in the presence of: ) [Financier’s Solicitor's letterhead] Our Ref: Your Ref Date: [■] [name of developer] [address] Dear Sirs, NOTICE OF ASSIGNMENT Property: Title Details: Principal Sale & Purchase Agreement: Dated [■] Purchaser(s)/Assignee(s): Assignee: CIMB Bank Berhad _
1. We act for CIMB Bank Berhad (“CIMB Bank”) which is part financing the purchase of the Property by the Purchaser(s).
2. At the request of the Purchaser(s), by this letter we give you notice pursuant to section 22D of the Housing Development (Control and Licensing) Act 1966 that the Purchaser(s) has/have assigned all rights, title and interests in and to the Property under the Principal Sale & Purchase Agreement to CIMB Bank.
3. We enclose *a copy of the signed * and stamped Deed of Assignment between CIMB Bank and the Purchaser(s) dated [■] (“Deed of Assignment”); * We hereby undertake to deliver a copy of the signed and stamped Deed of Assignment within fourteen (14) days after the same has been stamped.
4. From our records, all sums and outgoings due to you have been settled.
5. Upon issuance of the separate document of title for the above Property, please deliver the original title and the duly executed valid and registrable memorandum of transfer in favour of the Purchaser(s) (or other person stipulated by CIMB Bank in writing) to CIMB Bank, Credit Support Administration, ▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇, ▇▇. ▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇.
6. Please acknowledge receipt of this letter by signing and indicating the date of receipt on the duplicate of this letter. Yours faithfully, cc: CIMB Bank Berhad Developer’s Acknowledgement We acknowledge receipt of this Notice of Assignment and we confirm that all sums and outgoings due to us under the Principal Sale & Purchase Agreement up to the date of this acknowledgement have been paid in full. Name of Signatory signing on behalf of Developer: Date: *Delete whichever not applicable. *(To delete if inapplicable. Only applicable to direct purchase from developer transactions under Housing Development (Control and Licensing Act) Properties. Lawyers handling the loan documentation to confirm and to do the necessary) [Financier’s Solicitor’s letterhead] Our Ref: Your Ref Date: [■] [name of Vendor/Developer] [address] Dear Sirs, NOTICE OF ASSIGNMENT Property: Title Details: Principal Sale & Purchaser Agreement: Dated [■] *Vendor(s): Purchaser(s)/Assignor(s): Assignee: CIMB Bank Berhad _
1. We, act for CIMB Bank Berhad (“CIMB Bank”) which is part financing the purchase of the Property by the Purchaser(s).
2. At the request of the *Vendor(s)/Purchaser(s), by this letter we give you notice of the following assignments pursuant to section 22D of the Housing Development (Control and Licensing) Act 1966:
(a) the Vendor’s/Assignor’s financier has reassigned its rights under the Principal Sale & Purchase Agreement to the Property to the *Vendor(s)/Purchaser(s); and
(b) the Vendor(s) has/have assigned their rights under the Principal Sale & Purchase Agreement to the Property to the Purchaser(s); and
(c) the Purchaser(s) has/have assigned all of the Purchaser(s)’ rights, title and interest under the Principal Sale & Purchase Agreement to CIMB Bank.
3. We enclose the following for your records:
(a) a copy of signed and stamped Sale and Purchase Agreement between the Vendor(s) and the Purchaser(s) dated [◾];
(b) a copy of signed and stamped Deed of Assignment between Vendor(s) and Purchaser(s) dated [■] (“First Deed of Assignment”); *We hereby irrevocably undertake to deliver the stamped First Deed of Assignment within fourteen (14) days after the same has been stamped.
(c) a copy of signed * and stamped Deed of Assignment between CIMB Bank and Purchaser(s) dated [■] (“Bank Deed of Assignment”); *We hereby irrevocably undertake to deliver a copy of the signed and stamped Bank Deed of Assignment to you within fourteen (14) days after the same has been stamped.
(d) a copy of the signed and stamped Deed of Receipt and Reassignment between the *Vendor(s)/Purchaser(s) and the *Vendor’s/Purchaser’s financier dated [◾];
4. From our records, all sums and outgoings due to you have been settled.
5. Upon issuance of the separate document of title for the above Property, please deliver the original title and the duly executed valid and registrable memorandum of transfer in favour of the Purchaser(s) (or other person stipulated by CIMB Bank in writing) to CIMB Bank, Credit Support Administration, ▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇, ▇▇. ▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇.
6. Please acknowledge receipt of the above by signing and indicating the date of receipt on the duplicate of this letter.
Appears in 1 contract
Sources: Deed of Assignment
PRIVACY CLAUSE. 30.1 I/ We hereby confirms that I/ we have read, understood and agreed to be bound by the CIMB Group Privacy Notice (which is available at ▇▇▇.▇▇▇▇.▇▇▇.▇▇) and the clauses herein, as may relate to the processing of the my/ our personal information. For the avoidance of doubt, I/ we agree that the said Privacy Notice shall be deemed to be incorporated by reference into these Terms and Conditions.
30.2 In the event I/ we provide personal and financial information relating to third parties, including information relating to my/ our next-of-kin and dependents, for the purpose of opening or operating the my/ our account(s)/facility(ies) with the Bank or otherwise subscribing to the Bank’s products and services, I/ we
we (a) confirm that I/ we have obtained their consent or are otherwise entitled to provide this information to the Bank and for the Bank to use it in accordance with these Terms and Conditions; (b) agree to ensure that the personal and financial information of the said third parties is accurate; (c) agree to update the Bank in writing if there is any material change to the said personal and financial information; and (d) agree to the Bank’s right to terminate this Account eGIA should such consent b be withdrawn by any of the said third parties. s nn ……………………… ……………………… ……………………… Name: Name: Name: NRIC/Passport No.: In the presence of / NRIC/Passport No.: NRIC/Passport No.:
30.3 Where I/ we instruct the Bank to effect any sort of cross-border transaction (including to make or receive payments), the detail relevant to the cross-border transaction (including informatio relating to those involved in the said transaction) may be received from or sent abroad, where it could be accessible (whether directly or indirectly) by overseas regulators and authorities in connection with their legitimate duties (e.g. the prevention of crime). In instructing the Bank and/or our agents to enter into any cross-border transaction on my/ our behalf, I/ we agree to the above said disclosures on behalf of me/ us and others involved in the said cross-border transaction. e t
30.4 The Bank may at any time and from time to time now and/or in the future carry out the necessary reference checks including but not limited to credit reporting/reference checks with credit reporting/reference agencies, including but not limited to CCRIS, FIS and/or any other agencies and/or from any financial institution to enable the Bank to ascertain my/ our status as may be required to help make decisions, for example when the Bank needs to (a) check details on applications for credit and credit- related or other facilities; (b) manage credit and credit-related accounts or facilities, including conducting reviews of the account holder’s portfolio(s); (c) recover debts; and/or (d) any purpose related to or in connection with the account/facility under thes Terms and Conditions. I/ we will be linked by credi reporting/reference agencies to any other names I/ we use or o have used, and any joint and several applicants. The Bank may also share information about me/ us and how I/ we manage my/ our account(s)/facility(ies) with relevant credit reporting/reference agencies, and for any of these credit reporting/reference agencies to disclose my/ our credit information to its subscribers for purposes of fraud detection and fraud prevention.
30.5 Even after I/ we have provided the Bank with any information, I/ we will have the option to withdraw the consent given earlier. In such instances, except where such disclosure of my/our information is necessary for the Bank will have the right to not provide or discontinue the provision of the eGIA any product, service, account(s) and/or related services or the performance of the contract facility(ies) that is/are linked with me/us such information with at least three (3) business days’ prior written notice to comply with contractual requirements or to comply with any legal requirementsme/ us.
30.6 For the purposes of this Clause 30, the CIMB Group consists of CIMB Group Holdings Berhad and all its related companies as defined in Section 7 of the Companies Act 2016 ▇▇▇ ▇▇▇▇ and jointly controlled companies that provide financial and other regulated services, excluding companies, branches, offices and other forms of presence operating outside Malaysia, and the use of the words “the Bank” and “the Bank’s” are to be read as references to the CIMB Group.
30.7 This clause shall be without prejudice to any other clause in these Terms and Conditions which provides for the disclosure of information.
Appears in 1 contract
PRIVACY CLAUSE. 30.1 I/ We hereby (a) The Customer confirms that I/ we have having read, understood and agreed to be bound by the CIMB Group Privacy Notice of AmBank Group (which is available at ▇▇▇.▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇) and the clauses herein, as may relate to the processing of the my/ our Customer’s personal information. For the avoidance of doubt, I/ we agree the Customer agrees that the said Privacy Notice shall be deemed to be incorporated by reference into these Terms and Conditionsthis Property Sale Agreement.
30.2 (b) In the event I/ we Customer provide personal and and/or financial information relating to third parties, including but not limited to information relating to my/ our the Customer’s next-of-kin kin, dependants, authorised signatories, directors, shareholders, officers, and dependents, Security Parties for the purpose of opening or operating the my/ our account(s)/facility(ies) with Facility, the Bank or otherwise subscribing to the Bank’s products and services, I/ weCustomer:
(ai) confirm that I/ we have the Customer has obtained their consent or are otherwise entitled to provide this the information to the Bank and for the Bank to use it in accordance with these Terms this Letter of Offer and Conditions; to provide information on the Bank’s products, services and/or offers (binclusive of the products, services and offers of the other entities within AmBank Group) which the Bank and/or entity within AmBank Group believe may be of interest and/or beneficial to them;
ii) agree to ensure that the personal and financial information of the said third parties is accurate; (c;
iii) agree to update the Bank in writing if there is in the event of any material change to the said personal and financial information; and (dand
iv) agree to the Bank’s right to terminate this Account the Facility should such consent b be withdrawn by any of the said third parties. s n
30.3 (c) Where I/ we Customer instruct the Bank to effect any sort of cross-border transaction (including to make or receive payments), the detail details relevant to the cross-border transaction (including informatio information relating to those involved in the said transaction) may be received from or sent abroad, where it could be accessible (whether directly or indirectly) by the Bank’s agents abroad, overseas regulators and and/or authorities in connection with their legitimate duties (e.g. the prevention of crime). In instructing the Bank and/or our agents to enter into any cross-cross- border transaction on my/ our the Customer’s behalf, I/ we Customer agree to the above said disclosures on behalf of me/ us the Customer and others involved in the said cross-border transaction.
(d) Additionally, but always subject to any laws, (including regulations, guidelines and/or obligations) applicable to the Bank (whether in or outside Malaysia), Customer agree that other companies in AmBank Group, their merchants and strategic partners may contact the Customer about products, services and offers, which the Bank and AmBank Group believe may be of interest or beneficial to the Customer.
(e) The Bank and AmBank Group may communicate with Customer through various channels, including telephone, e-mail, electronic / mobile messaging, facsimile or post, using the contact information Customer has provided.
(f) Customer may inform the Bank at any time if Customer do not wish to receive marketing communications from the Bank, AmBank Group and/or their merchants and business partners, by contacting the Bank at the various channels given below:
i) Customer Service Officer
ii) Phone : ▇▇▇▇ ▇▇ ▇▇▇▇ (Domestic) or (▇▇▇) ▇▇▇▇ ▇▇▇▇ (Overseas) [24 hours]
iii) E-mail : ▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇
iv) Post : Privacy, AmBa▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇.▇. e t▇▇▇ ▇▇. ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
30.4 (▇) Customer’s latest written instructions to the Bank will prevail. Customer acknowledges that certain communications such as the statements of Facility to the Customer and AmBank Group’s websites may contain standard information regarding other products and services of the Bank and AmBank Group that cannot be removed without affecting the delivery / operation provision of the Facility and/or without additional costs to Customer.
(h) The Bank may at any time and from time to time now and/or in the future carry out the necessary reference checks including but not limited to use a credit reporting/reference checks with credit reporting/reference agencies, including but not limited to CCRIS, FIS and/or any other agencies and/or from any financial institution to enable the Bank to ascertain my/ our status as may be required reporting agency to help make decisions, for example when the Bank needs to (ato:
i) check details on applications for credit the Facility, financing and credit- financing-related or other facilitiesfacilities granted to the Customer;
ii) managing and reviewing the Facility; (b) manage credit and credit-related accounts or facilities, including conducting reviews of the account holder’s portfolio(s); (cand/or
iii) recover debts; and/or debts owed by the Customer.
(di) any purpose related to or in connection with the account/facility under thes Terms and Conditions. I/ we Customer will be linked by credi reporting/reference credit reporting agencies to any other names I/ we Customer use or have may had used, and any joint and several applicants. The Bank may also share information about me/ us Customer and how I/ we Customer manage my/ our account(s)/facility(ies) the Facility with relevant credit reporting/reference reporting agencies, and for any of these credit reporting/reference agencies to disclose my/ our credit information to its subscribers for purposes of fraud detection and fraud prevention.
30.5 (j) Even after I/ we Customer have provided the Bank with any information, I/ we Customer will have the option to withdraw the consent given earlier. In such instances, except where such disclosure of my/our information is necessary for the Bank will have the right to not provide or discontinue the provision of the eGIA and/or related services or the performance of the contract Facility that is/are linked with me/us to comply with contractual requirements or to comply with any legal requirementssuch information.
30.6 For (k) The Bank reserves the purposes of right to amend this Clause 30, the CIMB Group consists of CIMB Group Holdings Berhad and all its related companies as defined in Section 7 of the Companies Act 2016 and jointly controlled companies that provide financial and other regulated services, excluding companies, branches, offices and other forms of presence operating outside Malaysia, and the use of the words “from time to time at the Bank” and “the Bank’s” are to be read as references ’s sole discretion by providing notice to the CIMB GroupCustomer.
30.7 This clause shall be without prejudice to any other clause in these Terms and Conditions which provides for the disclosure of information.
Appears in 1 contract
Sources: Property Sale Agreement
PRIVACY CLAUSE. 30.1 I/ We hereby (a) The Customer confirms that I/ we have having read, understood and agreed to be bound by the CIMB Group Privacy Notice of AmBank Group (which is available at ▇▇▇.▇▇▇▇.▇▇▇▇▇▇▇.▇▇▇) and the clauses herein, as may relate to the processing of the my/ our Customer’s personal information. For the avoidance of doubt, I/ we agree the Customer agrees that the said Privacy Notice shall be deemed to be incorporated by reference into these Terms and Conditionsthis Deed of Assignment.
30.2 (b) In the event I/ we Customer provide personal and and/or financial information relating to third parties, including but not limited to information relating to my/ our the Customer’s next-of-kin kin, dependants, authorised signatories, directors, shareholders, officers, and dependents, Security Parties for the purpose of opening or operating the my/ our account(s)/facility(ies) with Facility, the Bank or otherwise subscribing to the Bank’s products and services, I/ we
(a) Customer: i confirm that I/ we have the Customer has obtained their consent or are otherwise entitled to provide this the information to the Bank and for the Bank to use it in accordance with these Terms this Letter of Offer and Conditionsto provide information on the Bank’s products, services and/or offers (inclusive of the products, services and offers of the other entities within AmBank Group) which the Bank and/or entity within AmBank Group believe may be of interest and/or beneficial to them; (b) ii agree to ensure that the personal and financial information of the said third parties is accurate; (c) iii agree to update the Bank in writing if there is in the event of any material change to the said personal and financial information; and (d) iv agree to the Bank’s right to terminate this Account the Facility should such consent b be withdrawn by any of the said third parties. s n
30.3 (c) Where I/ we Customer instruct the Bank to effect any sort of cross-border transaction (including to make or receive payments), the detail details relevant to the cross-border transaction (including informatio information relating to those involved in the said transaction) may be received from or sent abroad, where it could be accessible (whether directly or indirectly) by the Bank’s agents abroad, overseas regulators and and/or authorities in connection with their legitimate duties (e.g. the prevention of crime). In instructing the Bank and/or our agents to enter into any cross-border transaction on my/ our the Customer’s behalf, I/ we Customer agree to the above said disclosures on behalf of me/ us the Customer and others involved in the said cross-border transaction.
(d) Additionally, but always subject to any laws, (including regulations, guidelines and/or obligations) applicable to the Bank (whether in or outside Malaysia), Customer agree that other companies in AmBank Group, their merchants and strategic partners may contact the Customer about products, services and offers, which the Bank and AmBank Group believe may be of interest or beneficial to the Customer.
(e) The Bank and AmBank Group may communicate with Customer through various channels, including telephone, e-mail, electronic / mobile messaging, facsimile or post, using the contact information Customer has provided.
(f) Customer may inform the Bank at any time if Customer do not wish to receive marketing communications from the Bank, AmBank Group and/or their merchants and business partners, by contacting the Bank at the various channels given below: i Customer Service Officer ii Phone : ▇▇▇▇ ▇▇ ▇▇▇▇ (Domestic) or (▇▇▇) ▇▇▇▇ ▇▇▇▇ (Overseas) [24 hours] iii E-mail : ▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ iv Post : Privacy, AmBank Contact Centre, P.O. Box No. e t12617, 50784 Kuala Lumpur
30.4 (g) Customer’s latest written instructions to the Bank will prevail. Customer acknowledges that certain communications such as the statements of Facility to the Customer and AmBank Group’s websites may contain standard information regarding other products and services of the Bank and AmBank Group that cannot be removed without affecting the delivery / operation provision of the Facility and/or without additional costs to Customer.
(h) The Bank may at any time and from time to time now and/or in the future carry out the necessary reference checks including but not limited to use a credit reporting/reference checks with credit reporting/reference agencies, including but not limited to CCRIS, FIS and/or any other agencies and/or from any financial institution to enable the Bank to ascertain my/ our status as may be required reporting agency to help make decisions, for example when the Bank needs to (a) to: i check details on applications for credit the Facility, financing and credit- financing-related or other facilitiesfacilities granted to the Customer; (b) manage credit ii managing and credit-related accounts or facilities, including conducting reviews of reviewing the account holder’s portfolio(s); (c) recover debtsFacility; and/or iii recover debts owed by the Customer.
(di) any purpose related to or in connection with the account/facility under thes Terms and Conditions. I/ we Customer will be linked by credi reporting/reference credit reporting agencies to any other names I/ we Customer use or have may had used, and any joint and several applicants. The Bank may also share information about me/ us Customer and how I/ we Customer manage my/ our account(s)/facility(ies) the Facility with relevant credit reporting/reference reporting agencies, and for any of these credit reporting/reference agencies to disclose my/ our credit information to its subscribers for purposes of fraud detection and fraud prevention.
30.5 (j) Even after I/ we Customer have provided the Bank with any information, I/ we Customer will have the option to withdraw the consent given earlier. In such instances, except where such disclosure of my/our information is necessary for the Bank will have the right to not provide or discontinue the provision of the eGIA and/or related services or the performance of the contract Facility that is/are linked with me/us to comply with contractual requirements or to comply with any legal requirementssuch information.
30.6 For (k) The Bank reserves the purposes of right to amend this Clause 30, the CIMB Group consists of CIMB Group Holdings Berhad and all its related companies as defined in Section 7 of the Companies Act 2016 and jointly controlled companies that provide financial and other regulated services, excluding companies, branches, offices and other forms of presence operating outside Malaysia, and the use of the words “from time to time at the Bank” and “the Bank’s” are to be read as references ’s sole discretion by providing notice to the CIMB GroupCustomer.
30.7 This clause shall be without prejudice to any other clause in these Terms and Conditions which provides for the disclosure of information.
Appears in 1 contract
Sources: Deed of Assignment
PRIVACY CLAUSE. 30.1 I/ We hereby confirms 43.1 The Borrower and/or Assignor confirm that I/ we they have respectively read, understood and agreed to be bound by the CIMB Group Privacy Notice (which is available at ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇.▇▇ or ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) and the clauses herein, as may relate to the processing of the my/ our their personal information. For the avoidance of doubt, I/ we both the Borrower and/or Assignor agree that the said Privacy Notice shall will be deemed to be incorporated by reference into these Terms and Conditionsthis Assignment.
30.2 43.2 In the event I/ we provide that the Assignor provides personal and financial information relating to third parties, including information relating to my/ our his or her next-of-kin and dependents, dependents for the purpose of opening or operating the my/ our account(s)/facility(ies) their accounts or facilities with the Bank or otherwise subscribing to the Bank’s products and services, I/ we
the Assignor (a) confirm confirms that I/ we have it has obtained their the third parties’ consent or are is otherwise entitled to provide this the information to the Bank and for the Bank to use it in accordance with these Terms and Conditionsthis Assignment; (b) agree agrees to ensure that the personal and financial information of the said such third parties is accurate; (c) agree agrees to update the Bank in writing if there is in the event of any material change to the said such personal and financial information; and (d) agree to agrees that the Bank’s right to Bank may terminate this Account the Facility should such consent b be withdrawn by any of the said such third parties. s n.
30.3 43.3 Where I/ we instruct the Borrower and/or Assignor instructs the Bank to effect any sort of cross-border transaction (including to make or receive payments), the detail details relevant to the cross-border transaction (including informatio information relating to those involved in the said transaction) may be received from or sent abroad, where it could be accessible (whether directly or indirectly) by overseas regulators and authorities in connection with their legitimate duties (e.g. in relation to the prevention of crime). In instructing the Bank and/or our the Bank’s agents to enter into any cross-such cross- border transaction transaction, the Assignor agrees to such disclosures, on my/ our behalf, I/ we agree to their behalf as well as the above said disclosures on behalf of me/ us and others involved in the said cross-border transaction. e t.
30.4 43.4 The Bank may may, at any time and from time to time now and/or in the future future, carry out the necessary reference checks including but not limited to credit reporting/reference checks with credit reporting/reference agencies, agencies (including but not limited to CCRIS, FIS the Central Credit Reference Information System and Financial Information Service Sdn Bhd.) and/or any other agencies and/or from any financial institution institutions to enable the Bank to ascertain my/ our the Borrower’s and/or the Assignor’s status as the Bank may be required require to help make any decisions, for example when the Bank needs to (a) check details on in applications for credit and credit- credit-related services or other facilities; (b) manage credit and credit-related accounts or facilities, including conducting reviews of the account holder’s portfolio(s)your portfolios; and/or (c) recover debts; . The Borrower and/or Assignor (das applicable) any purpose related to or in connection with the account/facility under thes Terms and Conditions. I/ we will be linked by credi credit reporting/reference agencies to any other names I/ we they use or have used, and any joint and several applicants. The Assignor agrees that the Bank may also share information about me/ us them and how I/ we they manage my/ our account(s)/facility(ies) their accounts and facilities with relevant credit reporting/reference agencies, and for any of these credit reporting/reference reporting agencies to disclose my/ our the Assignor’s credit information to its subscribers for purposes of fraud detection and fraud prevention.
30.5 43.5 Even after I/ we have the Assignor has provided the Bank with any information, I/ we the Assignor will have the option to withdraw the consent given earlier. In such instances, except where such disclosure of my/our information is necessary for the Bank will have the right to refuse to provide or to discontinue the provision of any product, service, accounts and/or facilities that is/are linked with such information with at least 3 business days’ prior written notice to the eGIA and/or related services or the performance of the contract with me/us to comply with contractual requirements or to comply with any legal requirementsAssignor.
30.6 43.6 The Bank reserves the right to amend this clause from time to time at its sole discretion and will provide not less than twenty-one (21) days’ prior written notice to the Assignor and place any such amendments on the Bank’s websites and/or by placing notices at the banking halls or at prominent locations within the Bank’s branches.
43.7 For the purposes of this Clause 30clause, the CIMB Group consists of CIMB Group Holdings Berhad and all its “related companies companies” as defined in Section 7 of the Companies Act 2016 ▇▇▇ ▇▇▇▇, and jointly controlled companies that provide financial and other regulated services, excluding companies, branches, offices and other forms of presence operating outside Malaysia, and the use of the words “the Bank” and “the Bank’s” are to be read as references to the CIMB Group.
30.7 43.8 This clause shall will be without prejudice to any other clause in these Terms and Conditions this Assignment which provides for the disclosure of information. AS WITNESS the hands of the Attorney of the Bank and the Assignor the day and year first above written. SIGNED by the abovenamed ) Assignor in the presence of ) …………………………………………………….. Signed for and on behalf of ) CIMB BANK BERHAD ) by its Attorney in the ) in the presence of: …………………………………………………….. ) I, , being the Borrower named in this Assignment, hereby acknowledge the terms of this Assignment and covenant to procure the Assignor’s compliance with such terms. SIGNED by the ) BORROWER ) in the presence of: - ) ……………………………………….. Witness ENDORSEMENT OF VENDOR’S/ PROPRIETOR’S/ DEVELOPER’S CONSENT* We, HEREBY:-
(a) ACKNOWLEDGE that a true copy of this Deed of Assignment has been delivered to us;
(b) IRREVOCABLY AND UNCONDITIONALLY CONSENT to the assignment of the rights title and interest in and to the Property to CIMB BANK BERHAD (the “Bank”) under the Deed of Assignment; and
(c) CONFIRM such assignment has been duly noted in my/our records. We undertake to deliver to the Bank at Credit Support Administration, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇ ▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇. ▇, ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ or at any address as advised by the Bank to us or to the Bank’s solicitors (if so advised by the Bank), the separate issue document of title or strata title to the Property when the same is issued together with the registrable transfer in favour of the Assignor (or other person notified to us by the Bank in writing) and any other documents which it is incumbent upon us to produce to secure the registration of person as the registered proprietor of the Property. SIGNED by ) for and on behalf of ) in the presence of: ) [Financier’s Solicitor's letterhead] Our Ref: Your Ref Date: [■] [name of developer] [address] Dear Sirs, NOTICE OF ASSIGNMENT Property: Title Details: Principal Sale & Purchase Agreement: Dated [■] Purchaser(s)/Assignee(s): Assignee: CIMB Bank Berhad _
1. We act for CIMB Bank Berhad (“CIMB Bank”) which is part financing the purchase of the Property by the Purchaser(s).
2. At the request of the Purchaser(s), by this letter we give you notice pursuant to section 22D of the Housing Development (Control and Licensing) ▇▇▇ ▇▇▇▇ that the Purchaser(s) has/have assigned all rights, title and interests in and to the Property under the Principal Sale & Purchase Agreement to CIMB Bank.
3. We enclose *a copy of the signed * and stamped Deed of Assignment between CIMB Bank and the Purchaser(s) dated [■] (“Deed of Assignment”); * We hereby undertake to deliver a copy of the signed and stamped Deed of Assignment within fourteen (14) days after the same has been stamped.
4. From our records, all sums and outgoings due to you have been settled.
5. Upon issuance of the separate document of title for the above Property, please deliver the original title and the duly executed valid and registrable memorandum of transfer in favour of the Purchaser(s) (or other person stipulated by CIMB Bank in writing) to CIMB Bank, Credit Support Administration, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇ ▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇. ▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇.
6. Please acknowledge receipt of this letter by signing and indicating the date of receipt on the duplicate of this letter. Yours faithfully, cc: CIMB Bank Berhad Developer’s Acknowledgement We acknowledge receipt of this Notice of Assignment and we confirm that all sums and outgoings due to us under the Principal Sale & Purchase Agreement up to the date of this acknowledgement have been paid in full. Name of Developer: Name of Signatory signing on behalf of Developer: Date: *Delete whichever not applicable. *(To delete if inapplicable. Only applicable to direct purchase from developer transactions under Housing Development (Control and Licensing Act) Properties. Lawyers handling the loan documentation to confirm and to do the necessary) [Financier’s Solicitor’s letterhead] Our Ref: Your Ref Date: [■] [name of Vendor/Developer] [address] Dear Sirs, NOTICE OF ASSIGNMENT Property: Title Details: Principal Sale & Purchaser Agreement: Dated [■] *Vendor(s): Purchaser(s)/Assignor(s): Assignee: CIMB Bank Berhad _
1. We, act for CIMB Bank Berhad (“CIMB Bank”) which is part financing the purchase of the Property by the Purchaser(s).
2. At the request of the *Vendor(s)/Purchaser(s), by this letter we give you notice of the following assignments pursuant to section 22D of the Housing Development (Control and Licensing) ▇▇▇ ▇▇▇▇:
(a) the Vendor’s/Assignor’s financier has reassigned its rights under the Principal Sale & Purchase Agreement to the Property to the *Vendor(s)/Purchaser(s); and
(b) the Vendor(s) has/have assigned their rights under the Principal Sale & Purchase Agreement to the Property to the Purchaser(s); and
(c) the Purchaser(s) has/have assigned all of the Purchaser(s)’ rights, title and interest under the Principal Sale & Purchase Agreement to CIMB Bank.
3. We enclose the following for your records:
(a) a copy of signed and stamped Sale and Purchase Agreement between the Vendor(s) and the Purchaser(s) dated [■];
(b) a copy of signed and stamped Deed of Assignment between Vendor(s) and Purchaser(s) dated [■] (“First Deed of Assignment”); *We hereby irrevocably undertake to deliver the stamped First Deed of Assignment within fourteen (14) days after the same has been stamped.
(c) a copy of signed * and stamped Deed of Assignment between CIMB Bank and Purchaser(s) dated [■] (“Bank Deed of Assignment”); *We hereby irrevocably undertake to deliver a copy of the signed and stamped Bank Deed of Assignment to you within fourteen (14) days after the same has been stamped.
(d) a copy of the signed and stamped Deed of Receipt and Reassignment between the *Vendor(s)/Purchaser(s) and the *Vendor’s/Purchaser’s financier dated [■];
4. From our records, all sums and outgoings due to you have been settled.
5. Upon issuance of the separate document of title for the above Property, please deliver the original title and the duly executed valid and registrable memorandum of transfer in favour of the Purchaser(s) (or other person stipulated by CIMB Bank in writing) to CIMB Bank, Credit Support Administration, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇ ▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇▇.▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇.
6. Please acknowledge receipt of the above by signing and indicating the date of receipt on the duplicate of this letter.
Appears in 1 contract
Sources: Deed of Assignment