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The Bridge Financing Agreement serves as a critical instrument in Indonesian corporate finance, providing temporary funding solutions while permanent financing arrangements are being finalized. This document type is essential when companies require immediate capital for time-sensitive opportunities, such as acquisitions, project developments, or operational requirements. The agreement must comply with Indonesian financial regulations, including OJK (Financial Services Authority) requirements and Bank Indonesia guidelines. It typically details the facility amount, interest rates, repayment terms, security arrangements (if any), and conditions precedent. The Bridge Financing Agreement is particularly important in the Indonesian context where timing gaps between funding needs and permanent financing solutions are common due to regulatory approval requirements and market conditions. The document includes specific provisions addressing Indonesian law requirements, such as language requirements, notarization needs, and regulatory reporting obligations.

1. Parties: Identification of the lender(s) and borrower(s) with complete legal names and registration details as required under Indonesian law

2. Background: Context of the bridge financing, including its purpose and relationship to anticipated future financing or corporate event

3. Definitions and Interpretation: Definitions of key terms and interpretation rules, including Indonesian language requirements and currency conventions

4. The Facility: Details of the bridge loan amount, purpose, and availability period

5. Interest and Fees: Interest rate, calculation method, payment dates, and any associated fees

6. Drawdown: Procedures and conditions for accessing the facility, including notice requirements

7. Repayment and Prepayment: Terms for repayment, including trigger events for mandatory prepayment and voluntary prepayment rights

8. Conditions Precedent: Documents and conditions required before the facility becomes available

9. Representations and Warranties: Standard and transaction-specific representations, including corporate authority and regulatory compliance

10. Covenants: Positive and negative undertakings of the borrower

11. Events of Default: Circumstances constituting default and consequences

12. Changes to Parties: Rules regarding assignment and transfer rights

13. Administration: Notice requirements, calculations, and payment conventions

14. Governing Law and Jurisdiction: Confirmation of Indonesian law as governing law and jurisdiction provisions

15. Execution: Signing blocks and execution formalities compliant with Indonesian law