The Main Terms And Conditions ATTACHMENT 9) For Hong Leong CM Flexi Pro, Bank Negara Malaysia at any time and from time to time and you will be notified of any variation of such rates which shall be binding upon you. Applicable where the facilities are pegged to the IFR In addition and without prejudice to the powers, rights and remedies herein conferred upon the Bank, the Bank reserves the right to impose an EPR at IFR + 0% per annum on daily rests in the event the difference between the Overnight Policy Rate (‘OPR") as may be declared by Bank Negara Malaysia from time to time and the IFR declines to below 2% during the financing tenure and thereafter to revert back to the prevailing EPR when the difference between the OPR and IFR increases to 2% and above. 4 Rebate a) b) ©) ) e) The Bank shall grant rebate to the Customer on the Bank's Selling Price under the principle of ibra’ as prescribed by the Shariah Advisory Council of Bank Negara Malaysia (BNM) Rebate shall be granted to the Customer who settles their financing facility(ies) before the end of the financing tenure. Settlement prior to the end of the financing fa the Customers shall include, but is not limited to the following situations: i. Customer who make an early settlement or early redemption, including those arising from prepayments; ii. Settlement of this financing facility(ies) due to financing restructuring exercise; il, Settlement by Customer in the case of default; and iv. Settlement by Customer in the event of termination or cancellation of this financing facility(ies) before the maturity date. Rebate shall also be granted in the following situations: i. For variable rate financing, rebate shall be granted on the difference between the amount of profit calculated based on the Ceiling/Contracted Profit Rate (CPR) and the amount of profit calculated based on the Effective Profit Rate (EPR). Rebate shall be granted if the profit amount based on EPR is lower than the profit amount based on CPR. Early completion of construction during the Grace Period. Rebate shall be calculated as follows’ Rebate = remaining unearned profit - early settlement charges* *i, cost that have not been recovered because a financing contract has a structure with discount elements at the initial period of financing; and/or “il. initial costs that have not been recovered (e.g. zero moving cost products) The rebate shall only be deemed granted upon receipt of the settiement/redemption sum as determined by the Bank. 5 Appointment as Agent a) ‘The Customer hereby irrevocably and unconditionally appoints the Bank to be his absolute and undisclosed agent to perform the duties as set out below: i, to purchase the Shariah compliant commodity from the Bank (in its capacity as seller) on deferred payment terms at the Commodity Sale Price in a manner and terms as determined by the Bank at its discretion; ji, to take possession (physical or constructive) of the Shariah compliant commodity; ii, upon the Customer's request, to allow the Customer to obtain possession of the ‘Shariah compliant commodity at the Customer's own costs and expenses subject that the Bank has yet to sell the Shariah compliant commodity on the Customer's behalf to any third party; iv. to sell the Shariah compliant commodity to any third party commodity purchaser at the Bank's discretion on behalf of the Customer at the price equivalent to the ‘Commodity Purchase Price; V. to receive the sale proceeds on the Customer's behalf from the third party purchaser of the Shariah compliant commodity, and to remit the sale proceeds or any part thereof to the Customer into the Customer's account with the Baniéor in the manner mutually agreed by the Customer and the Bank; vi. to deliver possession of and title in and to the Shariah compliant commodity to the third party purchaser of the Shariah compliant commodity; and vii, to do all acts incidental to the above including but shall not be limited to the HLISBICM Flexi Ppty/TnC incl HFF-i Apr 2018. 3