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The Debt Agreement serves as a fundamental legal instrument in Indonesian financial transactions, establishing the terms and conditions under which one party (the lender) provides financial accommodation to another party (the borrower). This document is essential when formalizing lending arrangements, whether for corporate financing, personal loans, or specific project funding. The agreement must comply with Indonesian law, particularly the Civil Code (KUH Perdata) and relevant financial regulations, and typically includes detailed provisions on loan amount, interest calculations, repayment schedules, security arrangements, and default provisions. It can be used for both secured and unsecured lending, and may involve domestic or international parties, subject to Indonesian foreign exchange regulations. The Debt Agreement becomes particularly crucial in establishing clear enforcement rights and remedies within the Indonesian legal framework.

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

2. Background: Sets out the context of the loan and the parties' intention to enter into the debt agreement

3. Definitions: Defines key terms used throughout the agreement for clarity and consistency

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

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

6. Repayment Terms: Specifies the repayment schedule, installment amounts, and payment methods

7. Representations and Warranties: States the facts and assurances provided by the borrower regarding their ability to enter into and perform the agreement

8. Borrower's Covenants: Lists the borrower's ongoing obligations and restrictions during the loan term

9. Events of Default: Defines circumstances that constitute default and trigger remedial actions

10. Remedies: Outlines the lender's rights and actions in case of default

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 including witness requirements under Indonesian law