��������Ƶ

The Internal Loan Agreement template is specifically designed for use in Indonesia when one entity within a corporate group provides financing to another related entity. This document is essential for companies seeking to implement internal funding arrangements while ensuring compliance with Indonesian regulations, including the Civil Code, Banking Law, and OJK requirements. It should be used when documenting any significant internal lending arrangement, particularly where formal documentation is required for regulatory compliance, tax purposes, or corporate governance. The agreement covers crucial elements such as loan terms, interest rates, repayment provisions, and necessary corporate approvals, while addressing specific Indonesian law requirements such as language requirements, currency provisions, and affiliated party transaction regulations.

1. Parties: Identification of the lender and borrower entities, including their complete legal names, registration numbers, and addresses

2. Background: Context of the internal loan, relationship between the parties, and purpose of the loan

3. Definitions: Definitions of key terms used throughout the agreement

4. Loan Amount and Purpose: Specification of the loan amount, currency, and permitted use of funds

5. Interest: Interest rate, calculation method, and payment frequency

6. Drawdown: Conditions and procedure for disbursement of the loan

7. Repayment Terms: Repayment schedule, prepayment provisions, and payment mechanics

8. Representations and Warranties: Standard representations about corporate authority, validity, and financial condition

9. Covenants: Ongoing obligations of the borrower during the loan term

10. Events of Default: Circumstances constituting default and consequences

11. Tax Provisions: Treatment of taxes, including withholding tax obligations

12. Notices: Process for formal communications between parties

13. Governing Law and Jurisdiction: Confirmation of Indonesian law governance and dispute resolution provisions

14. Execution: Signature blocks and execution requirements