Debt Release Agreement Template for Indonesia

1. Conditions Precedent: Used when the release is contingent upon certain conditions being met first

2. Security Release: Required when the original debt was secured and security interests need to be released

3. Partial Payment Terms: Included when the release is conditional upon a partial payment of the debt

4. Confidentiality: Added when parties wish to keep the terms of the release private

5. Multiple Creditor Provisions: Required when there are multiple creditors involved in the release

6. Future Cooperation: Included when parties need to specify ongoing obligations or future business relationships

7. Dispute Resolution: Added when parties want to specify particular dispute resolution mechanisms

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

2. Schedule B - Security Interests: List of any security interests, guarantees, or collateral being released (if applicable)

3. Schedule C - Payment History: Record of payments made on the debt (if relevant to partial release)

4. Schedule D - Corporate Authorizations: Copies of corporate resolutions or other authorizations required for the release

5. Appendix 1 - Original Loan Agreement: Copy of the original loan agreement or debt instrument being released