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Loan Broker Fee Agreement
"I need a Loan Broker Fee Agreement for my real estate financing company based in Jakarta, with a tiered commission structure where the broker receives 1% for loans under IDR 5 billion and 1.5% for larger amounts, including exclusive rights for a 6-month period starting March 2025."
1. Parties: Identifies and provides full details of the broker and the client
2. Background: Contextualizes the agreement, stating the broker's qualifications and client's desire to engage broker's services
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Services: Details the specific services to be provided by the broker, including loan sourcing and negotiation
5. Broker's Obligations: Outlines the broker's duties, responsibilities, and standard of service
6. Client's Obligations: Specifies client's responsibilities, including providing accurate information and cooperation
7. Fee Structure: Details the broker's fees, calculation method, and payment terms
8. Payment Terms: Specifies when and how payments should be made, including trigger events
9. Representations and Warranties: Contains statements of fact and promises by both parties
10. Confidentiality: Establishes obligations regarding confidential information
11. Term and Termination: Specifies duration of agreement and conditions for termination
12. Governing Law and Jurisdiction: Specifies Indonesian law as governing law and defines jurisdiction for disputes
13. General Provisions: Contains standard boilerplate clauses including notices, amendments, and severability
1. Exclusivity: Optional clause for exclusive broker arrangements, preventing client from engaging other brokers
2. Success Fee: Additional section detailing performance-based compensation, if applicable
3. Force Majeure: Addresses unforeseen circumstances preventing performance of obligations
4. Non-Solicitation: Prevents parties from soliciting each other's employees or clients
5. Insurance: Details required insurance coverage if broker needs specific insurance
6. Anti-Money Laundering Compliance: Specific provisions for high-value transactions requiring AML compliance
7. Data Protection: Additional provisions for handling personal data if significant data processing is involved
1. Schedule A - Fee Schedule: Detailed breakdown of all fees, commissions, and calculation methods
2. Schedule B - Service Level Agreement: Specific performance metrics and service standards
3. Schedule C - Required Documentation: List of documents required from client for loan applications
4. Schedule D - Broker Credentials: Copies of broker's licenses, certifications, and registrations
5. Appendix 1 - Contact Information: Key contact details for both parties and authorized representatives
6. Appendix 2 - Compliance Checklist: Regulatory compliance requirements and documentation
Authors
Broker
Client
Broker Fee
Success Fee
Loan
Lender
Borrower
Effective Date
Services
Confidential Information
Business Day
Force Majeure Event
Intellectual Property Rights
Term
Documentation
Facility
Financial Institution
Loan Application
Material Adverse Change
OJK
Regulatory Requirements
Representatives
Success Criteria
Term Sheet
Transaction
Working Hours
Engagement Period
Introduction
Mandate Letter
Placement Fee
Professional Standards
Required Documents
Termination Date
Territory
Scope of Services
Broker's Rights
Broker's Obligations
Client's Obligations
Fee Structure
Payment Terms
Success Criteria
Exclusivity
Confidentiality
Non-Disclosure
Data Protection
Intellectual Property
Representations and Warranties
Regulatory Compliance
Anti-Money Laundering
Force Majeure
Limitation of Liability
Indemnification
Term and Duration
Termination
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Amendment
Severability
Non-Solicitation
Third Party Rights
Counterparts
Time of Essence
Waiver
Insurance
Record Keeping
Financial Services
Banking
Real Estate
Corporate Finance
Small Business Services
Commercial Lending
Property Development
Infrastructure
Manufacturing
Agriculture
Mining
Trade and Commerce
Legal
Finance
Treasury
Compliance
Risk Management
Corporate Development
Business Development
Commercial Lending
Credit Analysis
Corporate Finance
Chief Financial Officer
Finance Director
Treasury Manager
Loan Officer
Financial Broker
Business Development Manager
Commercial Finance Manager
Credit Manager
Financial Controller
Legal Counsel
Compliance Officer
Risk Manager
Corporate Finance Manager
Investment Manager
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