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Secured Loan Agreement
"I need a Secured Loan Agreement under Indonesian law for a USD 5 million facility to a manufacturing company, secured by machinery and equipment, with quarterly repayments over 3 years starting March 2025."
1. Parties: Identification of the lender, borrower, and any security providers or guarantors
2. Background: Context of the loan arrangement and security structure
3. Definitions: Definitions of key terms used throughout the agreement
4. Facility Terms: Amount, purpose, availability period, and drawdown conditions of the loan
5. Interest and Fees: Interest rate, calculation method, payment dates, and applicable fees
6. Repayment Terms: Repayment schedule, prepayment provisions, and payment mechanics
7. Security Arrangements: Description of security interests, creation, perfection requirements, and maintenance obligations
8. Representations and Warranties: Standard and specific representations by the borrower and security providers
9. Covenants: Positive and negative undertakings of the borrower
10. Events of Default: Circumstances constituting default and consequences
11. Enforcement: Rights and remedies upon default, including security enforcement procedures
12. Miscellaneous: Standard boilerplate provisions including notices, amendments, governing law
1. Guarantees: Required when there are personal or corporate guarantees supporting the loan
2. Insurance: Detailed insurance requirements when specific insurance coverage is required for secured assets
3. Security Agent Provisions: Required in syndicated loans where a security agent holds the security
4. Tax Provisions: Detailed tax provisions when cross-border elements exist or complex tax arrangements apply
5. Currency Provisions: Required when the loan involves multiple currencies
6. Registration Requirements: Detailed registration procedures when security requires specific registration formalities
7. Intercreditor Provisions: Required when multiple creditors are involved with different priority rights
1. Conditions Precedent: List of required documents and conditions to be satisfied before drawdown
2. Security Assets Schedule: Detailed description of all assets subject to security interests
3. Repayment Schedule: Detailed amortization schedule if applicable
4. Form of Drawdown Request: Standard form for requesting loan disbursements
5. Form of Security Documents: Templates for various security documents required under Indonesian law
6. Form of Compliance Certificate: Template for periodic compliance reporting
7. Registration Requirements: Detailed procedures for security registration with relevant Indonesian authorities
8. Broker/Agent Details: Contact information for process agents if required
Authors
Account Bank
Additional Security
Affiliate
Applicable Law
Authorized Officer
Available Facility
Banking Day
Borrowed Money
Business Day
Charged Assets
Collateral
Compliance Certificate
Default
Default Interest
Default Notice
Drawdown Date
Drawdown Notice
Enforcement Event
Event of Default
Facility
Facility Agreement
Facility Period
Finance Documents
Financial Indebtedness
Financial Statements
Fiduciary Security
Fixed Charge
Floating Charge
Government Agency
Guarantee
Guarantor
Hak Tanggungan
ICC
IFRS
Indonesian GAAP
Interest Payment Date
Interest Period
Interest Rate
Legal Reservation
Lender
Loan
Material Adverse Effect
Mortgage
OJK
Outstanding Amount
Potential Default
Principal Amount
Prohibited Person
Quasi-Security
Repayment Date
Repayment Schedule
Security
Security Agent
Security Assets
Security Documents
Security Interest
Security Period
Security Provider
Secured Obligations
Secured Parties
Taxes
Tax Deduction
Transaction Documents
Utilisation
Utilisation Date
Utilisation Request
Facility
Purpose
Conditions Precedent
Drawdown
Interest
Repayment
Prepayment
Security Creation
Security Perfection
Security Maintenance
Security Release
Representations and Warranties
Financial Covenants
General Covenants
Information Covenants
Negative Pledge
Events of Default
Acceleration
Enforcement
Security Enforcement
Payment Mechanics
Set-off
Tax Gross-up
Increased Costs
Indemnities
Costs and Expenses
Changes to Parties
Assignment and Transfer
Agency
Administration
Notices
Calculations
Partial Invalidity
Remedies and Waivers
Amendments
Confidentiality
Counterparts
Language
Governing Law
Dispute Resolution
Process Agent
Waiver of Immunity
Banking
Financial Services
Real Estate
Manufacturing
Agriculture
Mining
Infrastructure
Construction
Retail
Technology
Energy
Transportation
Healthcare
Hospitality
Education
Legal
Finance
Treasury
Credit Risk
Compliance
Corporate Banking
Loan Administration
Security Administration
Documentation
Risk Management
Chief Financial Officer
Finance Director
Legal Counsel
Corporate Secretary
Treasury Manager
Credit Risk Manager
Loan Officer
Compliance Officer
Security Trustee Officer
Relationship Manager
Corporate Banking Manager
Credit Analyst
Legal Manager
Finance Manager
Risk Manager
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