Cross Collateral Agreement Template for Indonesia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Cross Collateral Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Cross Collateral Agreement

"I need a Cross Collateral Agreement under Indonesian law for a manufacturing company that has three existing facility agreements with Bank Central Asia, where we want to cross-collateralize the company's factory, machinery, and inventory as security for all existing and future facilities."

Document background
The Cross Collateral Agreement is utilized in Indonesian financing transactions where parties wish to create an integrated security structure across multiple credit facilities and collateral assets. This arrangement is particularly common in corporate lending scenarios where a borrower has multiple loans secured by different assets, and the lender(s) seek to enhance their security position by cross-collateralizing all assets against all obligations. The document must comply with Indonesian security laws and regulations, including registration requirements under the Fiduciary Security Law and Land Mortgage Law. It typically includes detailed provisions for security creation, maintenance, enforcement, and release, while addressing specific Indonesian law requirements such as mandatory notarization and registration procedures. The agreement is especially relevant in restructuring scenarios or when establishing complex security packages for multiple facility arrangements.
Suggested Sections

1. Parties: Identification of all parties to the agreement, including the debtor(s), creditor(s), and any guarantors

2. Background: Context of the agreement, including reference to the primary facility agreements and existing security arrangements

3. Definitions: Comprehensive definitions of terms used throughout the agreement, including specific Indonesian legal terms

4. Cross Collateralization: Core provisions establishing that all collateral secures all obligations

5. Security Interest: Details of the security interests being created and perfection requirements

6. Secured Obligations: Definition and scope of the obligations being secured by the cross-collateral arrangement

7. Representations and Warranties: Standard and specific representations regarding ownership, authority, and status of collateral

8. Covenants: Ongoing obligations regarding maintenance, insurance, and protection of collateral

9. Events of Default: Circumstances constituting default and triggering enforcement rights

10. Enforcement: Rights and procedures for enforcing security interests upon default

11. Application of Proceeds: Order of application of enforcement proceeds across different obligations

12. Release of Security: Conditions and procedures for releasing security interests

13. Miscellaneous: Standard boilerplate provisions including governing law, jurisdiction, and notices

Optional Sections

1. Security Agent Provisions: Required when a security agent is appointed to hold security on behalf of multiple creditors

2. Priority and Subordination: Needed when there are multiple creditors with different priority rights

3. Further Assurance: Detailed provisions for additional documentation or perfection requirements, particularly relevant for complex collateral structures

4. Tax Provisions: Specific provisions dealing with tax implications of enforcement and realization, particularly relevant for high-value transactions

5. Currency Provisions: Required when secured obligations are in multiple currencies

6. Power of Attorney: Special powers of attorney required under Indonesian law for certain enforcement actions

Suggested Schedules

1. Schedule 1 - Secured Obligations: Detailed list of all facility agreements and obligations covered by the cross-collateral arrangement

2. Schedule 2 - Collateral Assets: Comprehensive description and details of all assets serving as collateral

3. Schedule 3 - Form of Notice of Security: Template notices required under Indonesian law for perfection of security

4. Schedule 4 - Security Perfection Requirements: Checklist of registration and perfection requirements for each type of collateral

5. Schedule 5 - Existing Security Interests: Details of any existing security interests affecting the collateral

6. Appendix A - Form of Release Letter: Standard form for partial or full release of security interests

7. Appendix B - Power of Attorney Forms: Required forms of power of attorney under Indonesian law

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Banking & Financial Services

Real Estate & Property Development

Manufacturing

Agriculture & Plantation

Mining & Resources

Infrastructure & Construction

Retail & Commerce

Industrial

Shipping & Maritime

Relevant Teams

Legal

Finance

Risk Management

Corporate Banking

Compliance

Credit Administration

Security & Collateral Management

Transaction Banking

Corporate Advisory

Asset Management

Relevant Roles

Legal Counsel

Finance Director

Credit Risk Manager

Corporate Banking Manager

Security Trustee

Loan Officer

Compliance Officer

Chief Financial Officer

Legal Director

Risk Management Officer

Transaction Manager

Credit Analysis Manager

Corporate Secretary

Asset Management Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Personal Information Confidentiality Agreement

Indonesian law-compliant confidentiality agreement for protecting personal information under the 2022 PDP Law framework.

find out more

Security Deposit Agreement

An Indonesian law-governed agreement establishing terms for managing and returning a security deposit between parties, including deposit amount, usage conditions, and return requirements.

find out more

Pledge Security Agreement

An Indonesian law-governed security agreement creating a pledge over movable assets while allowing the pledgor to retain possession, subject to Law No. 42 of 1999 on Fiducia Security.

find out more

Stock Escrow Agreement

An Indonesian law-governed agreement establishing terms for holding shares in escrow, detailing deposit, release conditions, and party obligations.

find out more

Omnibus Loan And Security Agreement

An Indonesian law-governed agreement combining multiple loan facilities and security arrangements in a single integrated document, compliant with Indonesian banking and security regulations.

find out more

Security Deposit Contract

An Indonesian law-governed agreement establishing terms for managing and returning security deposits, ensuring protection for both deposit holders and depositors.

find out more

Convertible Bond Subscription Agreement

An Indonesian law-governed agreement detailing terms for convertible bond subscription, including investment terms, conversion rights, and regulatory compliance requirements.

find out more

Deposit Pledge Agreement

An Indonesian law-governed agreement creating a pledge over bank deposits as security for underlying obligations.

find out more

Inventory Security Agreement

An Indonesian law-governed agreement creating security interests over inventory assets, requiring fiducia registration for enforceability.

find out more

Stock Pledge Agreement

An Indonesian law-governed agreement creating a pledge over shares as security for obligations, compliant with Indonesian pledge and securities regulations.

find out more

Collateral Security Agreement

An Indonesian law-governed agreement establishing security interests over collateral to secure specified obligations, compliant with local fiducia security regulations.

find out more

Personal Data Protection Agreement

An Indonesian law-governed agreement establishing data protection obligations between parties processing personal data, ensuring compliance with UU PDP 2022.

find out more

Collateral Sharing Agreement

An Indonesian law-governed agreement establishing arrangements between multiple creditors for sharing and managing common security interests and collateral rights.

find out more

Stock Lending Agreement

An Indonesian law-governed agreement establishing terms and conditions for securities lending transactions, compliant with OJK regulations and IDX rules.

find out more

Stock Issuance Agreement

An Indonesian law-governed agreement detailing the terms and conditions for issuing new shares by a company to specified subscribers, ensuring compliance with local corporate and securities regulations.

find out more

Share Security Agreement

An Indonesian law-governed agreement creating security over shares in an Indonesian company, establishing pledge arrangements and enforcement rights in compliance with local regulations.

find out more

Third Party Security Agreement

An Indonesian law-governed agreement establishing security over third-party assets to secure a debtor's obligations to a creditor, compliant with Indonesian security and fiduciary laws.

find out more

Pledge And Security Agreement

An Indonesian law-governed agreement establishing security interests over assets to secure obligations, subject to Indonesian fiduciary security regulations.

find out more

Security Loan Agreement

An Indonesian law-governed agreement for temporary securities transfers between lender and borrower, complying with OJK regulations and capital market requirements.

find out more

Agreement For Security Deposit

An Indonesian law-governed agreement establishing terms and conditions for holding, managing, and returning a security deposit between parties.

find out more

Security Transfer Agreement

An Indonesian law-governed agreement facilitating the formal transfer of securities between parties, ensuring compliance with local securities regulations and market requirements.

find out more

Personal Guarantee Promissory Note

An Indonesian law-governed document combining a promissory note with a personal guarantee, providing creditors with both a debt instrument and third-party security.

find out more

Cross Collateral Agreement

An Indonesian law-governed agreement establishing cross-securitization of multiple assets against multiple loan obligations, creating an integrated security structure for lending arrangements.

find out more

Asset Pledge Agreement

An Indonesian law-governed security document establishing pledges over assets, compliant with local secured transaction laws and registration requirements.

find out more

Intercreditor Agreement

Indonesian law-governed agreement establishing priorities and rights between multiple creditors in a financing arrangement, compliant with local banking and security regulations.

find out more

Pledge Of Shares Agreement

An Indonesian law-governed agreement creating a security interest over shares, detailing pledge terms and enforcement rights in compliance with local regulations.

find out more

Overnight Reverse Repurchase Agreement

Indonesian law-governed agreement for overnight secured lending transactions through securities sale and repurchase, compliant with Bank Indonesia regulations.

find out more

Loan Collateral Agreement

An Indonesian law-governed agreement creating security interests over assets to secure loan obligations, compliant with local security and registration requirements.

find out more

Film Investment Contract

An Indonesian law-governed agreement establishing terms and conditions for film project investment, including funding structure, rights, and obligations under Indonesian film and investment regulations.

find out more

Collateral Pledge Agreement

An Indonesian law-governed agreement creating security interests over assets as collateral for secured obligations, subject to Indonesian Fiducia Security regulations.

find out more

Convertible Debt Agreement

An Indonesian law-governed agreement for convertible debt financing, enabling debt-to-equity conversion under specified conditions.

find out more

Share Charge Agreement

An Indonesian law-governed security agreement creating a charge over shares as collateral for financial obligations, subject to OJK regulations and local registration requirements.

find out more

Stock Transfer Contract

An Indonesian law-governed agreement for the transfer of shares between parties, complying with Indonesian Company Law requirements and regulations.

find out more

Security Sharing Agreement

An Indonesian law-governed agreement establishing arrangements between multiple creditors for sharing security interests, including ranking, enforcement rights, and proceeds distribution.

find out more

Stock Exchange Agreement

An Indonesian law-governed agreement between the Indonesia Stock Exchange and trading members establishing rights and obligations for securities trading operations.

find out more

Stock Borrowing Agreement

An Indonesian law-governed agreement setting out terms for securities borrowing transactions, complying with OJK regulations and IDX rules.

find out more

Reverse Repurchase Agreement

An Indonesian law-governed agreement for reverse repurchase transactions of securities, compliant with Bank Indonesia and OJK regulations.

find out more

Contract Of Sale Of Shares

An Indonesian law-governed agreement for the transfer of company shares between parties, complying with Indonesian corporate and investment regulations.

find out more

Negative Pledge Agreement

An Indonesian law-governed agreement where a borrower commits not to create security interests over its assets in favor of other parties, protecting unsecured lenders' positions.

find out more

Margin Lending Agreement

An Indonesian law-governed agreement establishing terms for margin lending facilities between financial institutions and investors, compliant with OJK regulations.

find out more

Security Lending Agreement

An Indonesian law-governed agreement establishing terms for securities lending transactions between financial institutions, compliant with OJK regulations.

find out more

Restricted Stock Purchase Agreement

An Indonesian law-governed agreement for the purchase of restricted company stock, establishing terms for stock acquisition, vesting, and transfer restrictions.

find out more

Cash Collateral Agreement

An Indonesian law-governed agreement establishing arrangements for cash security between parties, detailing collateral provision, maintenance, and enforcement rights.

find out more

Deposit Control Agreement

An Indonesian law-governed agreement establishing control over deposit accounts as security, involving a depositor, bank, and secured party.

find out more

Transfer Of Shares Agreement

An Indonesian law-governed agreement documenting the transfer of company shares between parties, ensuring compliance with local corporate regulations and establishing transfer terms.

find out more

Stock Repurchase Agreement

An Indonesian law-governed agreement detailing terms and conditions for a company's repurchase of its own shares from existing shareholders.

find out more

Holding Deposit Contract

An Indonesian law-governed agreement establishing terms for holding a security deposit between parties, typically used in property or significant commercial transactions.

find out more

Convertible Bond Agreement

An Indonesian law-governed agreement establishing terms for convertible bonds issuance, including conversion rights, interest payments, and security arrangements.

find out more

General Security Agreement

An Indonesian law-governed agreement establishing security interests over assets, subject to fiducia security regulations and registration requirements.

find out more

Collateral Contract

An Indonesian law-governed agreement creating a security interest over assets to secure obligations or debt, complying with local security and property laws.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.