Business Seller Financing Agreement Template for Indonesia

1. Personal Guarantee: Required when individual guarantors are backing the financing

2. Insurance Requirements: Included when specific insurance coverage is required for financed assets

3. Change of Control Provisions: Required when restrictions on business ownership transfer are needed

4. Subordination Terms: Included when there are other creditors and priority needs to be established

5. Business Operations Covenants: Required when Seller wants to maintain control over how business is operated during financing period

6. Tax Provisions: Detailed tax arrangements when complex tax implications exist

7. Early Repayment Terms: Include when early repayment options or penalties are part of the agreement

8. Force Majeure: Required when specific provisions for unforeseen circumstances are needed

1. Schedule A - Business Description: Detailed description of the business being sold and financed

2. Schedule B - Payment Schedule: Detailed amortization schedule showing all payments, interest, and principal

3. Schedule C - Collateral List: Itemized list and description of all assets serving as collateral

4. Schedule D - Financial Covenants: Specific financial metrics and requirements Buyer must maintain

5. Schedule E - Required Insurance: Detailed insurance requirements and coverage specifications

6. Appendix 1 - Form of Promissory Note: Standard form for the promissory note documenting the debt

7. Appendix 2 - Security Agreement Forms: Standard forms for security registration and fiduciary transfers

8. Appendix 3 - Guarantee Agreement: Form of personal or corporate guarantee if applicable