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Supplemental Loan Agreement
"I need a Supplemental Loan Agreement to modify an existing corporate loan facility by extending the maturity date to March 15, 2025, and adjusting the interest rate from LIBOR + 2.5% to SOFR + 3%, while maintaining the existing security structure under Indonesian law."
1. Parties: Identification of the lender and borrower, including their complete legal names, registration numbers, and addresses
2. Background: References to the original loan agreement, reason for supplemental agreement, and current status of the loan
3. Definitions: Definitions of terms used in the agreement, including references to definitions in the original agreement that remain applicable
4. Relationship with Original Agreement: Clarification of how this supplement relates to and modifies the original agreement
5. Amendments to Original Agreement: Specific modifications to the original agreement terms, clearly identifying affected clauses
6. Continuing Effect: Confirmation that unmodified terms of the original agreement remain in full force and effect
7. Representations and Warranties: Updated representations and warranties specific to the supplemental agreement
8. Conditions Precedent: Conditions that must be satisfied before the supplemental agreement becomes effective
9. Costs and Expenses: Allocation of costs related to the preparation and execution of the supplemental agreement
10. Governing Law: Confirmation of Indonesian law as governing law and jurisdiction provisions
11. Execution: Signature blocks and execution requirements
1. Additional Security: Required if new security or collateral is being added or existing security is being modified
2. Interest Rate Modifications: Include if there are changes to interest rates or calculation methods
3. Repayment Schedule Changes: Required if loan repayment terms are being modified
4. Currency Provisions: Include for loans involving foreign currency or multiple currencies
5. Financial Covenants: Include if modifying or adding financial covenants
6. Events of Default: Include if modifying events of default or adding new ones
7. Insurance: Required if changing insurance requirements for secured assets
8. Compliance with OJK Regulations: Include specific section if supplemental agreement requires special regulatory compliance provisions
1. Schedule 1 - Amended Loan Terms: Detailed list of all loan terms that are being modified
2. Schedule 2 - Form of Effective Date Certificate: Template certificate confirming satisfaction of conditions precedent
3. Schedule 3 - Modified Repayment Schedule: Updated amortization or repayment schedule if payment terms are modified
4. Schedule 4 - Additional or Modified Security Details: Details of any new or modified security arrangements
5. Schedule 5 - Compliance Certificates: Updated forms of compliance certificates if reporting requirements change
6. Appendix A - Original Loan Agreement: Copy of the original loan agreement for reference
7. Appendix B - Corporate Authorizations: Copies of corporate approvals and authorizations for the supplemental agreement
Authors
Amendment Date
Amendment Documents
Applicable Interest Rate
Bank Indonesia
Effective Date
Existing Loan Agreement
Financial Services Authority (OJK)
Modified Repayment Date
Modified Repayment Schedule
New Security Documents
Original Facility Agreement
Original Lender
Original Security Documents
Outstanding Principal
Parties
Restated Terms
Supplemental Agreement
Supplemental Security
Supplemental Security Documents
Modified Financial Covenants
Modified Events of Default
Restructured Facility
Indonesian Rupiah
Modified Interest Period
Compliance Certificate
Additional Conditions Precedent
Modified Representations
Continuing Security
Original Guarantees
Additional Guarantees
Regulatory Approvals
Amendment Fee
Extended Maturity Date
Modified Facility Limit
Amendment
Conditions Precedent
Representations and Warranties
Governing Law
Jurisdiction
Interest Rate
Repayment
Security
Events of Default
Financial Covenants
Compliance
Costs and Expenses
Notices
Assignment
Confidentiality
Force Majeure
Regulatory Compliance
Currency Provisions
Insurance
Taxes
Further Assurance
Severability
Counterparts
Entire Agreement
Waiver
Default Interest
Set-off
Registration
Authorizations
Banking
Financial Services
Real Estate
Manufacturing
Infrastructure
Mining
Agriculture
Retail
Technology
Healthcare
Transportation
Energy
Construction
Telecommunications
Hospitality
Legal
Finance
Treasury
Credit Risk
Compliance
Corporate Banking
Loan Operations
Credit Administration
Documentation
Risk Management
Chief Financial Officer
Finance Director
Treasury Manager
Legal Counsel
Corporate Lawyer
Loan Officer
Credit Risk Manager
Relationship Manager
Compliance Officer
Banking Operations Manager
Financial Controller
Senior Credit Analyst
Corporate Secretary
Finance Manager
Banking Manager
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