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The Standard Loan Agreement is a fundamental document used in Indonesian banking and finance transactions to formalize lending arrangements between financial institutions and borrowers. This document is essential when establishing a loan facility under Indonesian law, whether for corporate financing, project development, or general business purposes. The agreement must comply with Indonesian banking regulations, including Law No. 7 of 1992 as amended by Law No. 10 of 1998 on Banking, Bank Indonesia regulations, and OJK requirements. It contains all necessary provisions for a valid loan contract, including detailed terms on disbursement, repayment, security, and events of default, while incorporating specific Indonesian law requirements such as language requirements and execution formalities.

1. Parties: Identification of the lender and borrower with complete legal names, registration numbers, and addresses

2. Background: Context of the loan agreement, including the borrower's request and lender's agreement to provide the loan

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

4. Loan Amount and Purpose: Specification of the loan amount, currency, and permitted purpose of the loan

5. Interest Rate and Calculations: Details of interest rate, calculation method, and payment periods

6. Drawdown: Conditions and procedures for disbursement of the loan

7. Repayment Terms: Schedule and method of repayment, including principal and interest payments

8. Representations and Warranties: Standard declarations by the borrower about their legal status and capacity

9. Borrower's Covenants: Positive and negative obligations of the borrower during the loan term

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

11. Security: Basic security provisions and cross-reference to security documents

12. Payments and Calculations: Payment mechanics, business day conventions, and calculation principles

13. Costs and Expenses: Allocation of transaction costs and ongoing expenses

14. Notices: Communication procedures between parties

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

16. Execution: Signature blocks and execution requirements