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The Bridge Loan Contract serves as a crucial financing instrument in the Indonesian market, providing temporary funding solutions for companies awaiting permanent financing arrangements. This document type is commonly used when immediate funding is required for time-sensitive opportunities such as acquisitions, property purchases, or project developments. The agreement must comply with Indonesian banking regulations, including Law No. 7 of 1992 on Banking (as amended) and relevant OJK regulations. Bridge Loan Contracts typically include detailed provisions for security arrangements under Indonesian law, specific conditions for drawdown, and clear exit mechanisms through refinancing or takeout arrangements. The document structure accommodates both local and international banking practices while ensuring compliance with mandatory Indonesian legal requirements, making it suitable for various commercial transactions requiring interim financing.

1. Parties: Identification of the lender(s) and borrower(s), including their complete legal names, registration numbers, and addresses as required under Indonesian law

2. Background: Context of the bridge loan, including the purpose of the temporary financing and the anticipated takeout or refinancing arrangement

3. Definitions: Key terms used throughout the agreement, including Indonesian legal terminology where relevant

4. Facility Amount and Purpose: Specification of the loan amount, currency, and permitted use of proceeds

5. Conditions Precedent: Prerequisites for drawdown, including required regulatory approvals and documentation under Indonesian law

6. Drawdown Mechanics: Procedures and requirements for accessing the loan funds

7. Interest and Fees: Interest rate, calculation method, and all applicable fees, ensuring compliance with Indonesian usury laws

8. Repayment Terms: Payment schedule, prepayment provisions, and mandatory prepayment events

9. Security and Collateral: Details of security arrangements, including fiduciary security requirements under Indonesian law

10. Representations and Warranties: Standard and Indonesia-specific declarations by the borrower

11. Covenants: Positive and negative obligations of the borrower during the loan term

12. Events of Default: Circumstances that trigger default and enforcement rights

13. Governing Law and Jurisdiction: Confirmation of Indonesian law governance and dispute resolution provisions

14. Miscellaneous: Standard boilerplate provisions adapted to Indonesian law requirements