Document background
The Inter Lender Agreement is a crucial document in syndicated lending transactions under Indonesian law, typically used when multiple financial institutions participate in providing financing to a single borrower or group of borrowers. It establishes the framework for lender coordination, decision-making processes, and the sharing of security and enforcement proceeds. The agreement must comply with Indonesian banking regulations, particularly OJK requirements and Bank Indonesia guidelines, while often incorporating international lending practices. This document becomes especially important in complex financing structures involving both local Indonesian banks and international financial institutions, as it helps manage potential conflicts and ensures orderly administration of the loan facility. The Inter Lender Agreement typically works in conjunction with a Facility Agreement and various security documents, forming part of a comprehensive financing package.
