General Security Agreement Template for Indonesia

1. Further Advances: Include when the security may secure future advances or facilities

2. Insurance Requirements: Include when specific insurance obligations are needed for valuable collateral

3. Third Party Rights: Include when third parties may have interests in the collateral

4. Currency Provisions: Include when secured obligations involve multiple currencies

5. Tax Provisions: Include when specific tax considerations affect the security arrangement

6. Assignment and Transfer: Include when parties anticipate potential transfers of rights

7. Priority Arrangements: Include when multiple security interests exist over same collateral

8. Cross-Default Provisions: Include when security is part of larger financing arrangement

1. Schedule 1 - Description of Collateral: Detailed description and categorization of all assets subject to security

2. Schedule 2 - Form of Fiducia Registration Statement: Template for mandatory fiducia registration documentation

3. Schedule 3 - Existing Security Interests: List of any pre-existing security interests affecting the collateral

4. Schedule 4 - Locations of Collateral: Details of where collateral is kept or registered

5. Schedule 5 - Form of Power of Attorney: Standard form of power of attorney required under Indonesian law

6. Appendix A - Perfection Requirements: Checklist of steps required to perfect the security interest

7. Appendix B - Required Approvals: List of regulatory or third party approvals needed

8. Appendix C - Registration Procedures: Detailed procedures for registering security interest with authorities