Document background
The Collateral Access Agreement is a crucial document in secured financing arrangements under Malaysian law, typically used when valuable assets are pledged as collateral and require controlled access arrangements. This agreement becomes necessary when there's a need to establish clear protocols for accessing and managing collateral, particularly in situations involving third-party custodians or multiple storage locations. The document addresses key aspects such as security measures, authorized personnel, access procedures, and risk allocation, while ensuring compliance with Malaysian financial regulations and security laws. It's commonly used in conjunction with facility agreements, security documents, and other financing arrangements, providing a comprehensive framework for collateral management and access rights.
