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The Bridge Loan Agreement serves as a vital instrument in Indonesian corporate financing, providing temporary funding solutions while permanent financing arrangements are being finalized. This document type is particularly useful in time-sensitive situations such as acquisition financing, project development bridges, or working capital needs. The agreement must comply with Indonesian banking regulations, including OJK requirements and Bank Indonesia guidelines, especially regarding foreign currency transactions and security arrangements. It typically includes comprehensive provisions for drawdown mechanics, security structures, representations and warranties, and events of default, all tailored to align with Indonesian legal requirements. The Bridge Loan Agreement's temporary nature is reflected in its shorter tenure and often higher interest rates compared to conventional loans, with specific provisions for refinancing or repayment from permanent funding sources.

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

2. Background: Context of the bridge loan, including the purpose and the permanent financing it's bridging to

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

4. Facility: Details of the loan facility, including amount, purpose, and availability period

5. Conditions Precedent: Conditions that must be satisfied before the loan can be drawn

6. Drawdown: Procedures and requirements for drawing down the loan

7. Interest: Interest rate, calculation method, and payment terms

8. Repayment: Terms and timing of repayment, including early repayment provisions

9. Security: Details of any security or collateral provided for the loan

10. Representations and Warranties: Statements of fact and assurances given by the borrower

11. Covenants: Positive and negative obligations of the borrower during the loan period

12. Events of Default: Circumstances that would constitute default and their consequences

13. Costs and Expenses: Allocation of costs related to the preparation and execution of the agreement

14. Notices: Communication procedures between parties

15. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction for disputes