tiktok成人版

Sponsor Support Agreement Template for Indonesia

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Key Requirements PROMPT example:

Sponsor Support Agreement

"I need a Sponsor Support Agreement under Indonesian law for a renewable energy project in East Kalimantan, where three international sponsors will provide both equity support and technical assistance to a local project company, with financial close targeted for March 2025."

Document background
A Sponsor Support Agreement is a fundamental document in project finance transactions in Indonesia, typically used when developing large-scale infrastructure, energy, or industrial projects. The agreement is essential when project lenders require additional comfort regarding the project company's financial stability and operational capabilities. The document outlines the sponsors' commitments to support the project through various means, including additional equity injections, cost overrun support, or technical assistance. Under Indonesian law, these agreements must comply with local regulatory requirements, particularly regarding foreign investment restrictions, currency controls, and banking regulations. The agreement becomes especially critical in limited-recourse financing structures where the project's success heavily depends on sponsor support during both construction and operational phases.
Suggested Sections

1. Parties: Identification of the sponsor(s), project company, and other relevant parties

2. Background: Context of the project and relationship between parties

3. Definitions and Interpretation: Key terms, construction rules, and interpretation principles

4. Sponsor Support Obligations: Core obligations including equity contributions, subordinated debt, and other support mechanisms

5. Conditions Precedent: Prerequisites for the agreement's effectiveness

6. Support Implementation: Procedures and mechanics for providing sponsor support

7. Payment Mechanics: Process and requirements for financial support payments

8. Representations and Warranties: Statements of fact and assurances from the sponsor

9. Covenants: Ongoing obligations and restrictions on the sponsor

10. Events of Default: Circumstances constituting breach and their consequences

11. Duration and Termination: Term of the agreement and termination provisions

12. Dispute Resolution: Procedures for resolving disputes under Indonesian law

13. Miscellaneous: Standard boilerplate provisions including notices, amendments, and governing law

Optional Sections

1. Currency Provisions: Required when support involves multiple currencies or foreign exchange considerations

2. Tax Provisions: Detailed tax arrangements when sponsor support has significant tax implications

3. Step-In Rights: Included when lenders require direct rights to enforce sponsor obligations

4. Security Provisions: When sponsor support is secured by specific assets or rights

5. Regulatory Compliance: Detailed compliance provisions when project involves regulated sectors

6. Insurance Requirements: When sponsor must maintain specific insurance coverage

7. Local Content Requirements: When project must comply with Indonesian local content regulations

Suggested Schedules

1. Schedule 1 - Support Amount and Timing: Detailed breakdown of support commitments and timing

2. Schedule 2 - Form of Support Letter: Template for sponsor support letters or confirmations

3. Schedule 3 - Payment Instructions: Banking and payment details for financial support

4. Schedule 4 - Project Details: Key information about the underlying project

5. Schedule 5 - Conditions Precedent Documents: List of required documentation and conditions

6. Appendix A - Form of Sponsor Certificate: Template for periodic sponsor certifications

7. Appendix B - Notice Details: Contact information and notice requirements for all parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
















































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Relevant Industries

Infrastructure Development

Energy and Power

Mining and Resources

Oil and Gas

Telecommunications

Transportation

Industrial Development

Renewable Energy

Real Estate Development

Manufacturing

Relevant Teams

Legal

Finance

Project Development

Risk Management

Treasury

Compliance

Corporate Development

Commercial

Investment

Project Management

Relevant Roles

Project Finance Manager

Legal Counsel

Chief Financial Officer

Project Director

Investment Manager

Corporate Finance Director

Risk Manager

Compliance Officer

Treasury Manager

Commercial Director

Project Development Manager

Senior Contract Administrator

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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