Debt Cancellation Agreement Template for Indonesia

1. Partial Cancellation Provisions: Required when only a portion of the debt is being cancelled

2. Security Release: Needed when the original debt was secured by collateral or guarantees

3. Confidentiality: Include when parties wish to keep the terms of the cancellation private

4. Surviving Obligations: Required when certain obligations continue despite the debt cancellation

5. Related Party Provisions: Include when the debt cancellation affects guarantors or other related parties

6. Dispute Resolution: Optional specific dispute resolution procedures beyond standard court jurisdiction

7. Corporate Authorizations: Required when either party is a corporation needing specific approvals

1. Schedule A - Debt Details: Detailed breakdown of the original debt, including principal, interest, and any other charges

2. Schedule B - Payment History: Record of payments made prior to cancellation

3. Schedule C - Security Documents: List of security documents to be released (if applicable)

4. Appendix 1 - Original Loan Agreement: Copy or reference to the original loan agreement being cancelled

5. Appendix 2 - Corporate Resolutions: Copies of corporate resolutions authorizing the debt cancellation (if applicable)

6. Appendix 3 - Release Documents: Forms for releasing any registered securities or charges