The Main Terms And Conditions ATTACHMENT For Hong Leong CM Flexi Property Financing-i & Hong Leong Home Furnishing Financing-i ii. Receipt at your irrevocable Standing Instruction to the Bank to debit your designated savings or current account for payment of your monthly instalments, fees and other expenses incurred upon acceptance of the Bank's Letter of Offer. . In the event of further revisions to your Monthly Instalment due to fluctuations in Effective Profit Rate (EPR) andlor fees and charges applicable to your Facility, the amount payable under your Standing Instruction shall be amended accordingly to ensure that your revised Monthly instalment can be paid when due. + You are required to ensure sufficient funds are maintained at all times to enable your Standing Instruction to be effected. If there are insufficient funds to effect your Standing Instruction on your payment due date, the Bank may (but is not obliged) to effect your Standing Instruction on any other day when there are sufficient funds in your account, without further reference and liability to you, including where cheques issued by you (if any) cannot be honoured pursuant to the above being effected to your current account. ©) You may elect to commence payment of the Term Financing before the full disbursement by the Bank and the payments shall be of such amounts and payable at such times acceptable to the Bank. 3 Reference Rate “Reference Rate” means the reference rate per annum from time to time stipulated by the Bank as its financing rate for credit/financing facilities, including but not limited to Islamic Financing Rate C'IFR’), Islamic Base Rate ("IBR’), Effective Cost of Funds ("ECOF"), Term Deposit Rate (‘HLTD-i") or KLIBOR as the case may be or such other rate by whatsoever name called as quoted by the Bank wherever applicable from time to time. The ECOF is defined as the cost to the Bank of funding the Facilities from whatever source it may select at its absolute discretion plus the cost of maintaining its statutory reserves, liquidity requirements, administrative and credit costs and other related costs of the Bank as stipulated by the Bank from time to time. a) The change of Reference Rate shall be notified by the Bank to the Customer(s) in the following manner: i. by placing in one issue of a daily national newspaper a general notice of change of the Reference Rate addressed to the public generally; or ii. by posting a notice of such variation in the Bank's branch premises. b) The decision of the Bank as to what at any time is the Reference Rate and the date(s) from which such amendment shall take effect, shall be final and conclusive and shall not be questioned on any account whatsoever. ©) __Ifand whenever the Reference Rate payable by the Customer(s) shall be varied, the Bank may, at its discretion, make the necessary adjustment consequent upon such variation either by varying the amount of any Monthly Instalments and/or by varying the number of the Monthly Instalments. d) Variation of Profit Rates ‘The Bank may at its discretion by notice to you:~ i. to substitute and/or change the entire basis of calculating the Effective Profit Rate; and/or ii. to vary, change and/or substitute the **Reference Rate; and/or ii, to vary such margin imposed above or below the Reference Rate; and/or iv. to vary any commission, discount or other banking charges subject to Bank Negara Malaysia's Guidelines. ‘The Bank may exercise a combination of any one or more of the above and may, at its absolute discretion, vary the amount of the monthly instalment or the number of the monthly instalments due to variation of the Effective Profit Rate. Provided always the aggregate of the Monthly instalments payable shall not exceed the Bank's Selling Price. e) The minimum EPR applicable to the Facilities shall not be less than 4.00% p.a. calculated on daily rest or such other minimum rate as may be prescribed by the Bank from time to time. f) Special House Financing 2 - the EPR applicable shall not exceed the rate(s) determined by [ HLISB/CM Flexi Ppty/ThG incl HFF-i Apr 2018 2