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The Credit Purchase Agreement serves as a fundamental document in Indonesian financial transactions, establishing the legal framework for credit facilities between financial institutions and borrowers. This document is essential when a party seeks to obtain credit for purchasing goods, equipment, or services, whether for business or personal use. The agreement must comply with Indonesian banking regulations, OJK requirements, and consumer protection laws, making it suitable for various credit arrangements from simple consumer purchases to complex commercial transactions. The document typically includes detailed financial terms, security arrangements, compliance requirements, and risk mitigation measures, all structured within the Indonesian legal framework. It's particularly important in ensuring transparency in financial dealings and protecting both lender and borrower interests as required by Indonesian financial services regulations.

1. Parties: Identification of the creditor and debtor, including complete legal names, addresses, and registration numbers if applicable

2. Background: Context of the credit purchase arrangement, including purpose of the credit and any relevant pre-contractual discussions

3. Definitions: Definitions of key terms used throughout the agreement, including financial terms and technical terminology

4. Credit Amount and Purpose: Specification of the credit amount, purpose, and any conditions precedent to drawdown

5. Interest Rate and Fees: Detailed breakdown of interest rate(s), calculation method, and all applicable fees

6. Repayment Terms: Payment schedule, method of payment, and consequences of early or late payment

7. Representations and Warranties: Standard declarations by both parties regarding their capacity and authority to enter into the agreement

8. Borrower's Covenants: Ongoing obligations of the borrower during the term of the credit

9. Events of Default: Circumstances constituting default and consequences thereof

10. Termination: Conditions and process for early termination of the agreement

11. Notices: Communication methods and contact details for formal notices

12. Governing Law and Jurisdiction: Confirmation of Indonesian law as governing law and jurisdiction for disputes

13. Execution: Signature blocks and execution requirements