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The Money Lending Contract serves as a legally binding agreement under Indonesian law, used when one party (the lender) agrees to provide financial assistance to another party (the borrower) under specific terms and conditions. This document is essential for both commercial and personal lending transactions in Indonesia, ensuring compliance with the Indonesian Civil Code, Banking Law No. 7 of 1992 as amended by Law No. 10 of 1998, and relevant OJK (Financial Services Authority) regulations. The contract comprehensively covers loan amount, interest calculations, repayment schedules, default provisions, and security arrangements if applicable. It is particularly important in the Indonesian context due to specific local requirements regarding language, execution, and regulatory compliance.

1. Parties: Identifies and provides full details of the lender and borrower, including registration numbers for companies or ID numbers for individuals

2. Background: Explains the context of the loan and the parties' intention to enter into the lending arrangement

3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets out rules of interpretation

4. Loan Amount and Purpose: Specifies the principal amount of the loan and its intended use

5. Interest Rate and Calculations: Details the applicable interest rate, calculation method, and payment frequency

6. Disbursement: Sets out the conditions precedent and process for disbursing the loan

7. Repayment Terms: Specifies the repayment schedule, method of payment, and prepayment provisions

8. Representations and Warranties: Contains statements of fact and assurances from the borrower about their financial and legal status

9. Borrower's Covenants: Lists the borrower's ongoing obligations throughout the loan term

10. Events of Default: Defines circumstances that constitute default and the lender's remedies

11. Notices: Specifies how formal communications between parties should be made

12. Governing Law and Jurisdiction: Confirms Indonesian law as governing law and specifies jurisdiction for disputes

13. Execution: Formal signing section with witness requirements